8020 EXCHANGE DR TX 78754
| Owner | TEARDROP PARTNERS LP |
|---|---|
| Parcel ID | 0231280208 |
| Short ID | 232872 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 19,600 SF |
| Land SF | 87,120 SF |
| Acres | 2.000 |
| Year Built | 1995 |
| Legal | LOT 3 BLK C WALNUT CREEK BUSINESS PARK PHS C |
| Neighborhood | 61NEA |
| Land | $435,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $435,600 |
| Improvement | $1,918,274 |
|---|---|
| Total Improvement | $1,918,274 |
| Market | $2,353,874 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,353,874 |
| Value Limitation Adjustment (−) (homestead cap) | −$152,658 |
| Net Appraised (assessed) | $2,201,216 |
| Taxable Value | $2,201,216 |
|---|
Appreciation: Market value has risen +15.6% from $2,036,800 (2021) to $2,353,874 (2025), a CAGR of 3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $48,486. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Assessment Gap: Assessed value ($2,201,216) is $152,658 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 19% of market value ($435,600 land vs $1,918,274 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,353,874, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,820,504 by 2030, with an estimated annual tax burden around $52,809. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 35,000 SF | ✗ |
| 1ST | 1st Floor | 19,600 SF | ✓ |
| 491 | SPRINKLER HEADS | 19,600 SF | ✗ |
| 881 | COMMCL FINISHOUT | 5,786 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,440 SF | ✗ |
| 541 | FENCE COMM LF | 1,210 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $23,803.95 | $23,803.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,534.75 | $11,534.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,273.16 | $8,273.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,597.94 | $2,597.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,276.06 | $2,276.06 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $48,485.86 | $48,485.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,904,711 | $2,353,874 | +65.9% |
| Assessed Value | $2,641,459 | $2,201,216 | +20.0% |
| Land Value | $435,600 | $435,600 | +0.0% |
| Improvement Value | $3,469,111 | $1,918,274 | +80.8% |
| Taxable Value | $2,641,459 | $2,201,216 | +20.0% |
| HS Cap Loss | -$1,263,252 | — | |
| Total Tax 2026 = estimate |
~$58,183
Estimated
|
~$48,486
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,904,711 | $3,904,711 | +0 (+0.0%) |
| Taxable Value | $2,641,459 | $2,641,459 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,904,711 | $435,600 | $3,469,111 | −$1,263,252 | $2,641,459 | $2,641,459 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,353,874 | $435,600 | $1,918,274 | −$152,658 | $2,201,216 | $2,201,216 | ~$48,486 | Partial |
| 2024 | $2,465,204 | — | — | −$2,029,604 | $435,600 | $— | $38,755 | Verified |
| 2023 | $2,318,785 | — | — | −$1,883,185 | $435,600 | $— | $50,188 | Verified |
| 2022 | $2,120,890 | — | — | −$1,685,290 | $435,600 | $— | $54,035 | Verified |
| 2021 | $2,036,800 | — | — | −$1,688,320 | $348,480 | $— | $52,322 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +65.9% | +20.0% | 67.6% | Not available | Partial |
| 2025 | +28.3% | +20.0% | 93.5% | Not available | Partial |
| 2024 | -25.6% | -25.6% | ~100% | 2.1100% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 2.0400% | Verified |
| 2022 | +9.3% | +9.3% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +65.9% | +16.2% | -4.6% | +65.9% | 2026 | -4.5% | 2025 |
| Assessment Ratio | 67.6% | 39.2% | — | 93.5% | 2025 | 17.1% | 2021 |
| Effective Tax Rate (2025) | 2.0600% | 2.0600% | — | 2.0600% | 2025 | 2.0600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$48,486 | $48,757 | ~$52,452 | $54,035 | 2022 | $38,755 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,440,574 | ~$2,421,338 | ~2.1366% | ~$51,735 | +3.7% |
| 2027 | ~$2,530,467 | ~$2,530,467 | ~2.0705% | ~$52,394 | +7.5% |
| 2028 | ~$2,623,671 | ~$2,623,671 | ~2.0045% | ~$52,591 | +11.5% |
| 2029 | ~$2,720,308 | ~$2,720,308 | ~1.9384% | ~$52,730 | +15.6% |
| 2030 | ~$2,820,504 | ~$2,820,504 | ~1.8723% | ~$52,809 | +19.8% |
| 2026 | ~$2,393,496 | ~$2,393,496 | ~2.2027% | ~$52,721 | +1.7% |
| 2027 | ~$2,433,785 | ~$2,433,785 | ~2.2027% | ~$53,609 | +3.4% |
| 2028 | ~$2,474,753 | ~$2,474,753 | ~2.2027% | ~$54,511 | +5.1% |
| 2029 | ~$2,516,409 | ~$2,516,409 | ~2.2027% | ~$55,429 | +6.9% |
| 2030 | ~$2,558,768 | ~$2,558,768 | ~2.2027% | ~$56,362 | +8.7% |
| 2026 | ~$2,487,651 | ~$2,421,338 | ~2.1036% | ~$50,935 | +5.7% |
| 2027 | ~$2,629,031 | ~$2,629,031 | ~2.0045% | ~$52,698 | +11.7% |
| 2028 | ~$2,778,446 | ~$2,778,446 | ~1.9054% | ~$52,939 | +18.0% |
| 2029 | ~$2,936,353 | ~$2,936,353 | ~1.8062% | ~$53,038 | +24.7% |
| 2030 | ~$3,103,234 | ~$3,103,234 | ~1.7071% | ~$52,976 | +31.8% |
In 2025, this property's market value of $2,353,874 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +66% 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 | $2,353,874 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,465,204 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,318,785 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,120,890 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,036,800 | $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.