704 E WONSLEY DR TX 78753
| Owner | WONSLEY PLAZA LLC |
|---|---|
| Parcel ID | 0235160123 |
| Short ID | 238199 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,536 SF |
| Land SF | 37,323 SF |
| Acres | 0.857 |
| Year Built | 1974 |
| Legal | LOT 1 L AND H ADDN |
| Neighborhood | 52NEA |
| Land | $746,460 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $746,460 |
| Improvement | $877,272 |
|---|---|
| Total Improvement | $877,272 |
| Market | $1,623,732 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,623,732 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,623,732 |
| Exemptions (−) | −$76,167 |
|---|---|
| Taxable Value | $1,547,565 |
Appreciation: Market value has fallen -18.5% from $1,991,211 (2021) to $1,623,732 (2025), a CAGR of -5.0% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $31,671. 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 46% of market value ($746,460 land vs $877,272 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,623,732, 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 -5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,258,232 by 2030, with an estimated annual tax burden around $23,702. 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 | 22,360 SF | ✗ |
| 1ST | 1st Floor | 8,268 SF | ✓ |
| 2ND | 2nd Floor | 8,268 SF | ✓ |
| 501 | CANOPY | 967 SF | ✗ |
| 541 | FENCE COMM LF | 415 SF | ✗ |
| SO | Sketch Only | 63 SF | ✗ |
| 407 | LOADING DOCK | 56 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 52 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% | $13,173.30 | $13,173.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,461.13 | $7,461.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,351.41 | $5,351.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,680.45 | $1,680.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,472.24 | $1,472.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,138.53 | $29,138.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,809,019 | $1,623,732 | +11.4% |
| Assessed Value | $1,800,000 | $1,623,732 | +10.9% |
| Land Value | $746,460 | $746,460 | +0.0% |
| Improvement Value | $1,062,559 | $877,272 | +21.1% |
| Taxable Value | $1,723,833 | $1,547,565 | +11.4% |
| Exemptions | — | N | |
| HS Cap Loss | -$9,019 | — | |
| Total Tax 2026 = estimate |
~$35,278
Estimated
|
~$29,139
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,809,019 | $1,809,019 | +0 (+0.0%) |
| Taxable Value | $1,723,833 | $1,723,833 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,809,019 | $746,460 | $1,062,559 | −$9,019 | $1,800,000 | $1,723,833 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,623,732 | $746,460 | $877,272 | — | $1,623,732 | $1,547,565 | ~$29,139 | Partial |
| 2024 | $1,915,656 | — | — | −$1,169,196 | $746,460 | $— | $33,116 | Verified |
| 2023 | $1,999,514 | — | — | −$1,439,669 | $559,845 | $— | $34,038 | Verified |
| 2022 | $1,991,570 | — | — | −$1,618,340 | $373,230 | $— | $38,310 | Verified |
| 2021 | $1,991,211 | — | — | −$1,617,981 | $373,230 | $— | $43,350 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +10.9% | 99.5% | Not available | Partial |
| 2025 | -19.4% | -19.4% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 1.6400% | Verified |
| 2023 | +6.5% | +6.5% | ~100% | 1.6000% | Verified |
| 2022 | +0.4% | +0.4% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.4% | -1.5% | -6.9% | +11.4% | 2026 | -15.2% | 2025 |
| Assessment Ratio | 99.5% | 50.6% | — | 100.0% | 2025 | 18.7% | 2021 |
| Effective Tax Rate (2025) | 1.7900% | 1.7900% | — | 1.7900% | 2025 | 1.7900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,139 | $35,590 | ~$27,271 | $43,350 | 2021 | $29,139 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,542,992 | ~$1,542,992 | ~2.0139% | ~$31,075 | -5.0% |
| 2027 | ~$1,466,266 | ~$1,466,266 | ~1.9814% | ~$29,052 | -9.7% |
| 2028 | ~$1,393,356 | ~$1,393,356 | ~1.9488% | ~$27,154 | -14.2% |
| 2029 | ~$1,324,071 | ~$1,324,071 | ~1.9163% | ~$25,373 | -18.5% |
| 2030 | ~$1,258,232 | ~$1,258,232 | ~1.8837% | ~$23,702 | -22.5% |
| 2026 | ~$1,542,545 | ~$1,542,545 | ~2.0465% | ~$31,568 | -5.0% |
| 2027 | ~$1,465,418 | ~$1,465,418 | ~2.0465% | ~$29,990 | -9.8% |
| 2028 | ~$1,392,147 | ~$1,392,147 | ~2.0465% | ~$28,490 | -14.3% |
| 2029 | ~$1,322,540 | ~$1,322,540 | ~2.0465% | ~$27,066 | -18.5% |
| 2030 | ~$1,256,413 | ~$1,256,413 | ~2.0465% | ~$25,712 | -22.6% |
| 2026 | ~$1,575,466 | ~$1,575,466 | ~1.9977% | ~$31,472 | -3.0% |
| 2027 | ~$1,528,636 | ~$1,528,636 | ~1.9488% | ~$29,791 | -5.9% |
| 2028 | ~$1,483,197 | ~$1,483,197 | ~1.9000% | ~$28,181 | -8.7% |
| 2029 | ~$1,439,109 | ~$1,439,109 | ~1.8512% | ~$26,641 | -11.4% |
| 2030 | ~$1,396,331 | ~$1,396,331 | ~1.8024% | ~$25,167 | -14.0% |
In 2025, this property's market value of $1,623,732 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +15% 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 | $1,623,732 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,915,656 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,999,514 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,991,570 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,991,211 | $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.