7900 CENTRE PARK DR TX 78754
| Owner | TEXAS MUSIC EDUCATORS ASSOCIAT |
|---|---|
| Parcel ID | 0231200302 |
| Short ID | 232802 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,317 SF |
| Land SF | 76,767 SF |
| Acres | 1.762 |
| Year Built | 2001 |
| Legal | LOT 3 BLK A HEADWAY 8 |
| Neighborhood | 53NEA |
| Land | $690,903 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $690,903 |
| Improvement | $1,729,956 |
|---|---|
| Total Improvement | $1,729,956 |
| Market | $2,420,859 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,420,859 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,420,859 |
| Taxable Value | $2,420,859 |
|---|
Appreciation: Market value has fallen -1.8% from $2,466,301 (2021) to $2,420,859 (2025), a CAGR of -0.5% 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 $49,543. 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 29% of market value ($690,903 land vs $1,729,956 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,420,859, 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 -0.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,365,232 by 2030, with an estimated annual tax burden around $44,555. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,540 SF | ✗ |
| 1ST | 1st Floor | 9,317 SF | ✓ |
| 501 | CANOPY | 436 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% | $22,397.79 | $22,397.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,685.71 | $12,685.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,098.68 | $9,098.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,857.17 | $2,857.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,503.17 | $2,503.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,542.52 | $49,542.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,631,368 | $2,420,859 | +8.7% |
| Assessed Value | $2,631,368 | $2,420,859 | +8.7% |
| Land Value | $690,903 | $690,903 | +0.0% |
| Improvement Value | $1,940,465 | $1,729,956 | +12.2% |
| Taxable Value | $2,631,368 | $2,420,859 | +8.7% |
| Total Tax 2026 = estimate |
~$53,851
Estimated
|
~$49,543
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,279,364 | $2,631,368 | -647,996 (-19.8%) |
| Taxable Value | $2,905,031 | $2,631,368 | -273,663 (-9.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,631,368 | $690,903 | $1,940,465 | — | $2,631,368 | $2,631,368 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,420,859 | $690,903 | $1,729,956 | — | $2,420,859 | $2,420,859 | ~$49,543 | Partial |
| 2024 | $3,050,000 | — | — | −$2,359,097 | $690,903 | $— | $54,734 | Verified |
| 2023 | $2,629,200 | — | — | −$1,938,297 | $690,903 | $— | $55,182 | Verified |
| 2022 | $2,644,594 | — | — | −$2,030,458 | $614,136 | $— | $51,925 | Verified |
| 2021 | $2,466,301 | — | — | −$1,928,932 | $537,369 | $— | $57,564 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +35.5% | +20.0% | 88.6% | Not available | Partial |
| 2025 | -12.3% | -12.3% | ~100% | Not available | Partial |
| 2024 | -17.6% | -17.6% | ~100% | 1.9800% | Verified |
| 2023 | +27.6% | +27.6% | ~100% | 1.6500% | Verified |
| 2022 | -0.6% | -0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.7% | +2.1% | -2.1% | +16.0% | 2024 | -20.6% | 2025 |
| Assessment Ratio | 100.0% | 49.0% | — | 100.0% | 2025 | 21.8% | 2021 |
| 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 |
$49,543 | $53,789 | ~$46,533 | $57,564 | 2021 | $49,543 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,409,630 | ~$2,409,630 | ~2.0139% | ~$48,528 | -0.5% |
| 2027 | ~$2,398,453 | ~$2,398,453 | ~1.9814% | ~$47,523 | -0.9% |
| 2028 | ~$2,387,328 | ~$2,387,328 | ~1.9488% | ~$46,525 | -1.4% |
| 2029 | ~$2,376,254 | ~$2,376,254 | ~1.9163% | ~$45,536 | -1.8% |
| 2030 | ~$2,365,232 | ~$2,365,232 | ~1.8837% | ~$44,555 | -2.3% |
| 2026 | ~$2,361,213 | ~$2,361,213 | ~2.0465% | ~$48,322 | -2.5% |
| 2027 | ~$2,303,036 | ~$2,303,036 | ~2.0465% | ~$47,131 | -4.9% |
| 2028 | ~$2,246,293 | ~$2,246,293 | ~2.0465% | ~$45,970 | -7.2% |
| 2029 | ~$2,190,948 | ~$2,190,948 | ~2.0465% | ~$44,837 | -9.5% |
| 2030 | ~$2,136,966 | ~$2,136,966 | ~2.0465% | ~$43,733 | -11.7% |
| 2026 | ~$2,458,047 | ~$2,458,047 | ~1.9977% | ~$49,103 | +1.5% |
| 2027 | ~$2,495,806 | ~$2,495,806 | ~1.9488% | ~$48,639 | +3.1% |
| 2028 | ~$2,534,146 | ~$2,534,146 | ~1.9000% | ~$48,149 | +4.7% |
| 2029 | ~$2,573,074 | ~$2,573,074 | ~1.8512% | ~$47,633 | +6.3% |
| 2030 | ~$2,612,601 | ~$2,612,601 | ~1.8024% | ~$47,089 | +7.9% |
In 2025, this property's market value of $2,420,859 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +71% 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 | $2,420,859 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,050,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,629,200 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,644,594 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,466,301 | $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.