2210 HANCOCK DR TX 78756
| Owner | TEXAS MUNICIPAL COURT ASSOCIATION INC |
|---|---|
| Parcel ID | 0227030540 |
| Short ID | 227694 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,501 SF |
| Land SF | 18,880 SF |
| Acres | 0.433 |
| Year Built | 1968 |
| Legal | LOT 1B *RESUB OF LT 1 GOLDEN TRIANGLE SUBD |
| Neighborhood | 53CEN |
| Land | $849,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $849,600 |
| Improvement | $750,400 |
|---|---|
| Total Improvement | $750,400 |
| Market | $1,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,600,000 |
| Taxable Value | $1,600,000 |
|---|
Appreciation: Market value has fallen -34.7% from $2,448,631 (2021) to $1,600,000 (2025), a CAGR of -10.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $32,744. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 53% of market value ($849,600 land vs $750,400 improvements), about $45/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,600,000, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the -10.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $939,974 by 2030, with an estimated annual tax burden around $17,707. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,690 SF | ✗ |
| 1ST | 1st Floor | 6,501 SF | ✓ |
| 611 | TERRACE | 899 SF | ✗ |
| 501 | CANOPY | 819 SF | ✗ |
| 541 | FENCE COMM LF | 230 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $14,803.20 | $14,803.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,384.27 | $8,384.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,013.52 | $6,013.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,888.37 | $1,888.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,654.40 | $1,654.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,743.76 | $32,743.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,274,469 | $1,600,000 | +42.2% |
| Assessed Value | $1,920,000 | $1,600,000 | +20.0% |
| Land Value | $849,600 | $849,600 | +0.0% |
| Improvement Value | $1,424,869 | $750,400 | +89.9% |
| Taxable Value | $1,920,000 | $1,600,000 | +20.0% |
| HS Cap Loss | -$354,469 | — | |
| Total Tax 2026 = estimate |
~$39,293
Estimated
|
~$32,744
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,614,332 | $2,274,469 | -339,863 (-13.0%) |
| Taxable Value | $1,920,000 | $1,920,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,274,469 | $849,600 | $1,424,869 | −$354,469 | $1,920,000 | $1,920,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,600,000 | $849,600 | $750,400 | — | $1,600,000 | $1,600,000 | ~$32,744 | Partial |
| 2024 | $2,950,000 | — | — | −$2,100,400 | $849,600 | $— | $41,856 | Verified |
| 2023 | $2,650,200 | — | — | −$1,800,600 | $849,600 | $— | $53,373 | Verified |
| 2022 | $2,595,500 | — | — | −$1,745,900 | $849,600 | $— | $52,339 | Verified |
| 2021 | $2,448,631 | — | — | −$1,599,031 | $849,600 | $— | $56,496 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.4% | +20.0% | 73.4% | Not available | Partial |
| 2025 | -24.2% | -24.2% | ~100% | Not available | Partial |
| 2024 | -28.4% | -28.4% | ~100% | 1.9800% | Verified |
| 2023 | +11.3% | +11.3% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -38.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.2% | +3.2% | -15.4% | +42.2% | 2026 | -45.8% | 2025 |
| Assessment Ratio | 84.4% | 52.1% | — | 100.0% | 2025 | 28.8% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$32,744 | $47,362 | ~$23,000 | $56,496 | 2021 | $32,744 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,438,531 | ~$1,438,531 | ~2.0139% | ~$28,971 | -10.1% |
| 2027 | ~$1,293,357 | ~$1,293,357 | ~1.9814% | ~$25,626 | -19.2% |
| 2028 | ~$1,162,833 | ~$1,162,833 | ~1.9488% | ~$22,662 | -27.3% |
| 2029 | ~$1,045,482 | ~$1,045,482 | ~1.9163% | ~$20,034 | -34.7% |
| 2030 | ~$939,974 | ~$939,974 | ~1.8837% | ~$17,707 | -41.3% |
| 2026 | ~$1,520,000 | ~$1,520,000 | ~2.0465% | ~$31,107 | -5.0% |
| 2027 | ~$1,444,000 | ~$1,444,000 | ~2.0465% | ~$29,551 | -9.8% |
| 2028 | ~$1,371,800 | ~$1,371,800 | ~2.0465% | ~$28,074 | -14.3% |
| 2029 | ~$1,303,210 | ~$1,303,210 | ~2.0465% | ~$26,670 | -18.5% |
| 2030 | ~$1,238,049 | ~$1,238,049 | ~2.0465% | ~$25,336 | -22.6% |
| 2026 | ~$1,470,531 | ~$1,470,531 | ~1.9977% | ~$29,376 | -8.1% |
| 2027 | ~$1,351,538 | ~$1,351,538 | ~1.9488% | ~$26,339 | -15.5% |
| 2028 | ~$1,242,174 | ~$1,242,174 | ~1.9000% | ~$23,602 | -22.4% |
| 2029 | ~$1,141,659 | ~$1,141,659 | ~1.8512% | ~$21,134 | -28.6% |
| 2030 | ~$1,049,278 | ~$1,049,278 | ~1.8024% | ~$18,912 | -34.4% |
In 2025, this property's market value of $1,600,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +13% above the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $1,600,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,950,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,650,200 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,595,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,448,631 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.