8326 CROSS PARK DR AUSTIN, TX 78754
| Owner | PHELPS HENSEL CONSTRUCTION CO |
|---|---|
| Parcel ID | 0231230403 |
| Short ID | 232837 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 18,177 SF |
| Land SF | 52,708 SF |
| Acres | 1.210 |
| Year Built | 2009 |
| Legal | LOT 8 BLK C WALNUT CREEK BUSINESS PARK PHS A SEC 2 |
| Neighborhood | 52NEA |
| Land | $421,664 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $421,664 |
| Improvement | $2,565,468 |
|---|---|
| Total Improvement | $2,565,468 |
| Market | $2,987,132 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,987,132 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,987,132 |
| Taxable Value | $2,987,132 |
|---|
Appreciation: Market value has fallen -31.0% from $4,329,600 (2021) to $2,987,132 (2025), a CAGR of -8.9% 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $65,797. Manor ISD is the largest single contributor, at 49.1% 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 14% of market value ($421,664 land vs $2,565,468 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~17 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,987,132, 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 -8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,878,290 by 2030, with an estimated annual tax burden around $35,168. 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 | 28,439 SF | ✗ |
| 2ND | 2nd Floor | 9,679 SF | ✓ |
| 1ST | 1st Floor | 8,498 SF | ✓ |
| 501 | CANOPY | 588 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $32,302.85 | $32,302.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,653.08 | $15,653.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,226.99 | $11,226.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,525.50 | $3,525.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,088.69 | $3,088.69 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $65,797.11 | $65,797.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,188,829 | $2,987,132 | +6.8% |
| Assessed Value | $3,188,829 | $2,987,132 | +6.8% |
| Land Value | $421,664 | $421,664 | +0.0% |
| Improvement Value | $2,767,165 | $2,565,468 | +7.9% |
| Taxable Value | $3,188,829 | $2,987,132 | +6.8% |
| Total Tax 2026 = estimate |
~$70,240
Estimated
|
~$65,797
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,188,829 | $3,188,829 | +0 (+0.0%) |
| Taxable Value | $3,188,829 | $3,188,829 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,188,829 | $421,664 | $2,767,165 | — | $3,188,829 | $3,188,829 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,987,132 | $421,664 | $2,565,468 | — | $2,987,132 | $2,987,132 | ~$65,797 | Partial |
| 2024 | $4,227,580 | — | — | −$3,805,916 | $421,664 | $— | $81,035 | Verified |
| 2023 | $4,763,199 | — | — | −$4,341,535 | $421,664 | $— | $86,067 | Verified |
| 2022 | $4,358,324 | — | — | −$3,936,660 | $421,664 | $— | $110,998 | Verified |
| 2021 | $4,329,600 | — | — | −$3,907,936 | $421,664 | $— | $107,519 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2025 | -22.1% | -22.1% | ~100% | Not available | Partial |
| 2024 | -9.3% | -9.3% | ~100% | 2.1100% | Verified |
| 2023 | -11.2% | -11.2% | ~100% | 2.0400% | Verified |
| 2022 | +9.3% | +9.3% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -31.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.8% | -4.7% | -10.0% | +9.3% | 2023 | -29.3% | 2025 |
| Assessment Ratio | 100.0% | 39.7% | — | 100.0% | 2025 | 8.9% | 2023 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$65,797 | $90,283 | ~$45,997 | $110,998 | 2022 | $65,797 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,722,426 | ~$2,722,426 | ~2.1366% | ~$58,168 | -8.9% |
| 2027 | ~$2,481,177 | ~$2,481,177 | ~2.0705% | ~$51,374 | -16.9% |
| 2028 | ~$2,261,306 | ~$2,261,306 | ~2.0045% | ~$45,327 | -24.3% |
| 2029 | ~$2,060,920 | ~$2,060,920 | ~1.9384% | ~$39,949 | -31.0% |
| 2030 | ~$1,878,290 | ~$1,878,290 | ~1.8723% | ~$35,168 | -37.1% |
| 2026 | ~$2,837,775 | ~$2,837,775 | ~2.2027% | ~$62,507 | -5.0% |
| 2027 | ~$2,695,887 | ~$2,695,887 | ~2.2027% | ~$59,382 | -9.7% |
| 2028 | ~$2,561,092 | ~$2,561,092 | ~2.2027% | ~$56,413 | -14.3% |
| 2029 | ~$2,433,038 | ~$2,433,038 | ~2.2027% | ~$53,592 | -18.5% |
| 2030 | ~$2,311,386 | ~$2,311,386 | ~2.2027% | ~$50,913 | -22.6% |
| 2026 | ~$2,782,169 | ~$2,782,169 | ~2.1036% | ~$58,525 | -6.9% |
| 2027 | ~$2,591,269 | ~$2,591,269 | ~2.0045% | ~$51,941 | -13.3% |
| 2028 | ~$2,413,468 | ~$2,413,468 | ~1.9054% | ~$45,985 | -19.2% |
| 2029 | ~$2,247,867 | ~$2,247,867 | ~1.8062% | ~$40,602 | -24.7% |
| 2030 | ~$2,093,628 | ~$2,093,628 | ~1.7071% | ~$35,741 | -29.9% |
In 2025, this property's market value of $2,987,132 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +111% 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 | $2,987,132 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $4,227,580 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,763,199 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,358,324 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,329,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.