8504 CROSS PARK DR TX 78754
| Owner | SILICON HILLS PROPERTIES INC |
|---|---|
| Parcel ID | 0233230304 |
| Short ID | 235488 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 15,114 SF |
| Land SF | 73,181 SF |
| Acres | 1.680 |
| Year Built | 1985 |
| Legal | LOT 6 BLK J WALNUT CREEK BUSINESS PARK PHS A SEC 1 |
| Neighborhood | 61NEA |
| Land | $526,903 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $526,903 |
| Improvement | $1,830,308 |
|---|---|
| Total Improvement | $1,830,308 |
| Market | $2,357,211 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,357,211 |
| Value Limitation Adjustment (−) (homestead cap) | −$125,042 |
| Net Appraised (assessed) | $2,232,169 |
| Taxable Value | $2,232,169 |
|---|
Appreciation: Market value has risen +20.9% from $1,950,000 (2021) to $2,357,211 (2025), a CAGR of 4.9% over 4 years. This represents moderate, steady growth. 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 $49,168. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Assessment Gap: Assessed value ($2,232,169) is $125,042 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 22% of market value ($526,903 land vs $1,830,308 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,357,211, 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,987,812 by 2030, with an estimated annual tax burden around $55,941. 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 | 20,200 SF | ✗ |
| 1ST | 1st Floor | 15,114 SF | ✓ |
| 491 | SPRINKLER HEADS | 15,114 SF | ✗ |
| 881 | COMMCL FINISHOUT | 12,274 SF | ✓ |
| 093 | HVAC COMMRCL SF | 7,928 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $24,138.68 | $24,138.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,696.95 | $11,696.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,389.50 | $8,389.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,634.47 | $2,634.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,308.06 | $2,308.06 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $49,167.66 | $49,167.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,849,922 | $2,357,211 | +63.3% |
| Assessed Value | $2,678,603 | $2,232,169 | +20.0% |
| Land Value | $526,903 | $526,903 | +0.0% |
| Improvement Value | $3,323,019 | $1,830,308 | +81.6% |
| Taxable Value | $2,678,603 | $2,232,169 | +20.0% |
| HS Cap Loss | -$1,171,319 | — | |
| Total Tax 2026 = estimate |
~$59,001
Estimated
|
~$49,168
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,849,922 | $3,849,922 | +0 (+0.0%) |
| Taxable Value | $2,678,603 | $2,678,603 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,849,922 | $526,903 | $3,323,019 | −$1,171,319 | $2,678,603 | $2,678,603 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,357,211 | $526,903 | $1,830,308 | −$125,042 | $2,232,169 | $2,232,169 | ~$49,168 | Partial |
| 2024 | $2,413,235 | — | — | −$1,886,332 | $526,903 | $— | $39,299 | Verified |
| 2023 | $2,232,013 | — | — | −$1,705,110 | $526,903 | $— | $49,130 | Verified |
| 2022 | $2,050,000 | — | — | −$1,523,097 | $526,903 | $— | $52,013 | Verified |
| 2021 | $1,950,000 | — | — | −$1,423,097 | $526,903 | $— | $50,573 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.3% | +20.0% | 69.6% | Not available | Partial |
| 2025 | +26.7% | +20.0% | 94.7% | Not available | Partial |
| 2024 | -22.9% | -22.9% | ~100% | 2.1100% | Verified |
| 2023 | +8.1% | +8.1% | ~100% | 2.0400% | Verified |
| 2022 | +8.9% | +8.9% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +63.3% | +16.6% | -3.3% | +63.3% | 2026 | -2.3% | 2025 |
| Assessment Ratio | 69.6% | 43.7% | — | 94.7% | 2025 | 21.8% | 2024 |
| Effective Tax Rate (2025) | 2.0900% | 2.0900% | — | 2.0900% | 2025 | 2.0900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$49,168 | $48,037 | ~$54,354 | $52,013 | 2022 | $39,299 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,471,664 | ~$2,455,386 | ~2.1366% | ~$52,462 | +4.9% |
| 2027 | ~$2,591,674 | ~$2,591,674 | ~2.0705% | ~$53,662 | +9.9% |
| 2028 | ~$2,717,511 | ~$2,717,511 | ~2.0045% | ~$54,472 | +15.3% |
| 2029 | ~$2,849,458 | ~$2,849,458 | ~1.9384% | ~$55,234 | +20.9% |
| 2030 | ~$2,987,812 | ~$2,987,812 | ~1.8723% | ~$55,941 | +26.8% |
| 2026 | ~$2,424,520 | ~$2,424,520 | ~2.2027% | ~$53,405 | +2.9% |
| 2027 | ~$2,493,750 | ~$2,493,750 | ~2.2027% | ~$54,929 | +5.8% |
| 2028 | ~$2,564,958 | ~$2,564,958 | ~2.2027% | ~$56,498 | +8.8% |
| 2029 | ~$2,638,199 | ~$2,638,199 | ~2.2027% | ~$58,111 | +11.9% |
| 2030 | ~$2,713,531 | ~$2,713,531 | ~2.2027% | ~$59,771 | +15.1% |
| 2026 | ~$2,518,808 | ~$2,455,386 | ~2.1036% | ~$51,651 | +6.9% |
| 2027 | ~$2,691,484 | ~$2,691,484 | ~2.0045% | ~$53,950 | +14.2% |
| 2028 | ~$2,875,997 | ~$2,875,997 | ~1.9054% | ~$54,798 | +22.0% |
| 2029 | ~$3,073,159 | ~$3,073,159 | ~1.8062% | ~$55,509 | +30.4% |
| 2030 | ~$3,283,837 | ~$3,283,837 | ~1.7071% | ~$56,059 | +39.3% |
In 2025, this property's market value of $2,357,211 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 | $2,357,211 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,413,235 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,232,013 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,050,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,950,000 | $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.