8025 N INTERSTATE HY 35 TX 78753
| Owner | SMBC LEASING AND FINANCE INC |
|---|---|
| Parcel ID | 0233170105 |
| Short ID | 235461 |
| Type | Real |
| Use Code | 67 Computer / Data Center |
| Valuation | Income |
| Improvement SF | 62,420 SF |
| Land SF | 287,445 SF |
| Acres | 6.599 |
| Year Built | 1995 |
| Legal | LOT 1 BLK A NORWOOD PARK RESUB OF LOTS 6&7 REPLAT OF |
| Neighborhood | 67ALL |
| Land | $8,623,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,623,350 |
| Improvement | $21,976,650 |
|---|---|
| Total Improvement | $21,976,650 |
| Market | $30,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,600,000 |
| Taxable Value | $30,600,000 |
|---|
Appreciation: Market value has risen +69.8% from $18,022,059 (2021) to $30,600,000 (2025), a CAGR of 14.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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.
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 $626,224. 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 28% of market value ($8,623,350 land vs $21,976,650 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $30,600,000, this parcel sits in the top quartile (≥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 +14.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $59,308,604 by 2030, with an estimated annual tax burden around $928,339. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 124,400 SF | ✗ |
| 1ST | 1st Floor | 62,420 SF | ✓ |
| 881 | COMMCL FINISHOUT | 62,420 SF | ✓ |
| 491 | SPRINKLER HEADS | 61,940 SF | ✗ |
| 408 | LOADING RAMP | 3,559 SF | ✓ |
| 501 | CANOPY | 480 SF | ✗ |
| 482 | LIGHT POLES | 9 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% | $283,111.20 | $283,111.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $160,349.20 | $160,349.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $115,008.57 | $115,008.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $36,115.04 | $36,115.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $31,640.40 | $31,640.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $626,224.41 | $626,224.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,600,000 | $30,600,000 | +0.0% |
| Assessed Value | $30,600,000 | $30,600,000 | +0.0% |
| Land Value | $8,623,350 | $8,623,350 | +0.0% |
| Improvement Value | $21,976,650 | $21,976,650 | +0.0% |
| Taxable Value | $30,600,000 | $30,600,000 | +0.0% |
| Total Tax 2026 = estimate |
~$626,224
Estimated
|
~$626,224
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $32,344,433 | $30,600,000 | -1,744,433 (-5.4%) |
| Taxable Value | $32,344,433 | $30,600,000 | -1,744,433 (-5.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,600,000 | $8,623,350 | $21,976,650 | — | $30,600,000 | $30,600,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $30,600,000 | $8,623,350 | $21,976,650 | — | $30,600,000 | $30,600,000 | ~$626,224 | Partial |
| 2024 | $28,500,000 | — | — | −$19,876,650 | $8,623,350 | $— | $596,853 | Verified |
| 2023 | $23,987,612 | — | — | −$16,506,187 | $7,481,425 | $— | $515,635 | Verified |
| 2022 | $20,702,544 | — | — | −$13,221,119 | $7,481,425 | $— | $473,737 | Verified |
| 2021 | $18,022,059 | — | — | −$13,533,204 | $4,488,855 | $— | $450,628 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2025 | -6.7% | -6.7% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8200% | Verified |
| 2023 | +32.9% | +32.9% | ~100% | 1.5700% | Verified |
| 2022 | +19.2% | +19.2% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.4% | +14.2% | +18.8% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 53.8% | — | 100.0% | 2025 | 24.9% | 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 |
$626,224 | $532,616 | ~$798,424 | $626,224 | 2025 | $450,628 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$34,930,169 | ~$33,660,000 | ~2.0139% | ~$677,891 | +14.2% |
| 2027 | ~$39,873,094 | ~$37,026,000 | ~1.9814% | ~$733,629 | +30.3% |
| 2028 | ~$45,515,487 | ~$40,728,600 | ~1.9488% | ~$793,735 | +48.7% |
| 2029 | ~$51,956,328 | ~$44,801,460 | ~1.9163% | ~$858,526 | +69.8% |
| 2030 | ~$59,308,604 | ~$49,281,606 | ~1.8837% | ~$928,339 | +93.8% |
| 2026 | ~$34,318,169 | ~$33,660,000 | ~2.0465% | ~$688,847 | +12.2% |
| 2027 | ~$38,488,127 | ~$37,026,000 | ~2.0465% | ~$757,732 | +25.8% |
| 2028 | ~$43,164,772 | ~$40,728,600 | ~2.0465% | ~$833,505 | +41.1% |
| 2029 | ~$48,409,671 | ~$44,801,460 | ~2.0465% | ~$916,855 | +58.2% |
| 2030 | ~$54,291,871 | ~$49,281,606 | ~2.0465% | ~$1,008,541 | +77.4% |
| 2026 | ~$35,542,169 | ~$33,660,000 | ~1.9977% | ~$672,413 | +16.2% |
| 2027 | ~$41,282,541 | ~$37,026,000 | ~1.9488% | ~$721,577 | +34.9% |
| 2028 | ~$47,950,033 | ~$40,728,600 | ~1.9000% | ~$773,850 | +56.7% |
| 2029 | ~$55,694,385 | ~$44,801,460 | ~1.8512% | ~$829,362 | +82.0% |
| 2030 | ~$64,689,516 | ~$49,281,606 | ~1.8024% | ~$888,237 | +111.4% |
In 2025, this property's market value of $30,600,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 22× 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 | $30,600,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $28,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $23,987,612 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $20,702,544 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $18,022,059 | $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.