8140 EXCHANGE DR TX 78754
| Owner | CHURCH OF THE AUSTIN |
|---|---|
| Parcel ID | 0231230135 |
| Short ID | 377541 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 12,939 SF |
| Land SF | 90,430 SF |
| Acres | 2.076 |
| Year Built | 2005 |
| Legal | LOT 3A BLK F WALNUT CREEK BUSINESS PARK PHS A SEC 3 RESUB OF LOT 3 |
| Neighborhood | 96EVNT |
| Land | $633,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $633,010 |
| Improvement | $2,435,172 |
|---|---|
| Total Improvement | $2,435,172 |
| Market | $3,068,182 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,068,182 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,068,182 |
| Taxable Value | $3,068,182 |
|---|
Appreciation: Market value has risen +37.5% from $2,231,000 (2021) to $3,068,182 (2025), a CAGR of 8.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 outpaced the broader commercial market over the same period.
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 21% of market value ($633,010 land vs $2,435,172 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,068,182, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,569,388 by 2030, with an estimated annual tax burden around $0. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 41,000 SF | ✗ |
| 1ST | 1st Floor | 12,642 SF | ✓ |
| 611 | TERRACE | 2,160 SF | ✗ |
| 501 | CANOPY | 1,911 SF | ✗ |
| 2ND | 2nd Floor | 297 SF | ✓ |
| 482 | LIGHT POLES | 2 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,231,901 | $3,068,182 | +5.3% |
| Assessed Value | $3,231,901 | $3,068,182 | +5.3% |
| Land Value | $633,010 | $633,010 | +0.0% |
| Improvement Value | $2,598,891 | $2,435,172 | +6.7% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,231,901 | $3,231,901 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,231,901 | $633,010 | $2,598,891 | — | $3,231,901 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,068,182 | $633,010 | $2,435,172 | — | $3,068,182 | $— | not in county billing file ⓘ | Partial |
| 2024 | $3,124,873 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $2,771,864 | — | — | −$2,138,854 | $633,010 | $— | not in county billing file ⓘ | Partial |
| 2022 | $2,231,000 | — | — | −$1,597,990 | $633,010 | $— | $12,565 | Verified |
| 2021 | $2,231,000 | — | — | −$1,688,420 | $542,580 | $— | $55,038 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.3% | +5.3% | ~100% | Not available | Partial |
| 2025 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2024 | -1.6% | -1.6% | ~100% | No billing data | Verified |
| 2023 | +12.7% | +12.7% | ~100% | No billing data | Verified |
| 2022 | +24.2% | +24.2% | ~100% | 0.4500% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.3% | +8.1% | +7.2% | +24.2% | 2023 | -1.8% | 2025 |
| Assessment Ratio | 100.0% | 55.1% | — | 100.0% | 2025 | 22.8% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $12,565 | $33,802 | — | $55,038 | 2021 | $12,565 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,322,588 | ~$3,322,588 | ~0.0000% | ~$0 | +8.3% |
| 2027 | ~$3,598,089 | ~$3,598,089 | ~0.0000% | ~$0 | +17.3% |
| 2028 | ~$3,896,434 | ~$3,896,434 | ~0.0000% | ~$0 | +27.0% |
| 2029 | ~$4,219,516 | ~$4,219,516 | ~0.0000% | ~$0 | +37.5% |
| 2030 | ~$4,569,388 | ~$4,569,388 | ~0.0000% | ~$0 | +48.9% |
| 2026 | ~$3,261,224 | ~$3,261,224 | ~0.0000% | ~$0 | +6.3% |
| 2027 | ~$3,466,413 | ~$3,466,413 | ~0.0000% | ~$0 | +13.0% |
| 2028 | ~$3,684,511 | ~$3,684,511 | ~0.0000% | ~$0 | +20.1% |
| 2029 | ~$3,916,331 | ~$3,916,331 | ~0.0000% | ~$0 | +27.6% |
| 2030 | ~$4,162,737 | ~$4,162,737 | ~0.0000% | ~$0 | +35.7% |
| 2026 | ~$3,383,952 | ~$3,375,000 | ~0.0000% | ~$0 | +10.3% |
| 2027 | ~$3,732,220 | ~$3,712,500 | ~0.0000% | ~$0 | +21.6% |
| 2028 | ~$4,116,331 | ~$4,083,750 | ~0.0000% | ~$0 | +34.2% |
| 2029 | ~$4,539,973 | ~$4,492,125 | ~0.0000% | ~$0 | +48.0% |
| 2030 | ~$5,007,216 | ~$4,941,338 | ~0.0000% | ~$0 | +63.2% |
In 2025, this property's market value of $3,068,182 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +116% 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 | $3,068,182 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,124,873 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,771,864 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,231,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,231,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |