8700 CROSS PARK DR TX 78754
| Owner | DAMMAN PROPERTIES LLC |
|---|---|
| Parcel ID | 0235230901 |
| Short ID | 238537 |
| Type | Real |
| Use Code | 65 Industrial 20K+ SF (50–74%) |
| Valuation | Cost |
| Improvement SF | 25,200 SF |
| Land SF | 128,775 SF |
| Acres | 2.956 |
| Year Built | 2001 |
| Legal | LOT 1 BLK J WALNUT CREEK BUSINESS PARK PHS A SEC 1 PLUS .234 ACR |
| Neighborhood | 65NEA |
| Land | $927,180 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $927,180 |
| Improvement | $3,272,820 |
|---|---|
| Total Improvement | $3,272,820 |
| Market | $4,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,200,000 |
| Taxable Value | $4,200,000 |
|---|
Appreciation: Market value has risen +16.7% from $3,600,000 (2021) to $4,200,000 (2025), a CAGR of 3.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $92,513. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 22% of market value ($927,180 land vs $3,272,820 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,200,000, 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 +3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,092,520 by 2030, with an estimated annual tax burden around $95,348. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 25,200 SF | ✓ |
| 491 | SPRINKLER HEADS | 25,200 SF | ✗ |
| 093 | HVAC COMMRCL SF | 25,200 SF | ✗ |
| 881 | COMMCL FINISHOUT | 13,228 SF | ✓ |
| 501 | CANOPY | 1,128 SF | ✗ |
| 611 | TERRACE | 732 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $45,418.80 | $45,418.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,008.71 | $22,008.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,785.49 | $15,785.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,956.97 | $4,956.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,342.80 | $4,342.80 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $92,512.77 | $92,512.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,931,200 | $4,200,000 | -6.4% |
| Assessed Value | $3,931,200 | $4,200,000 | -6.4% |
| Land Value | $927,180 | $927,180 | +0.0% |
| Improvement Value | $3,004,020 | $3,272,820 | -8.2% |
| Taxable Value | $3,931,200 | $4,200,000 | -6.4% |
| Total Tax 2026 = estimate |
~$86,592
Estimated
|
~$92,513
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,191,100 | $3,931,200 | -259,900 (-6.2%) |
| Taxable Value | $4,191,100 | $3,931,200 | -259,900 (-6.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,931,200 | $927,180 | $3,004,020 | — | $3,931,200 | $3,931,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,200,000 | $927,180 | $3,272,820 | — | $4,200,000 | $4,200,000 | ~$92,513 | Partial |
| 2024 | $4,350,000 | — | — | −$3,422,820 | $927,180 | $— | $94,016 | Verified |
| 2023 | $3,721,646 | — | — | −$2,794,466 | $927,180 | $— | $88,559 | Verified |
| 2022 | $3,650,000 | — | — | −$2,722,820 | $927,180 | $— | $86,726 | Verified |
| 2021 | $3,600,000 | — | — | −$2,672,820 | $927,180 | $— | $90,045 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | -5.6% | -5.6% | ~100% | Not available | Partial |
| 2024 | +2.3% | +2.3% | ~100% | 2.1100% | Verified |
| 2023 | +16.9% | +16.9% | ~100% | 2.0400% | Verified |
| 2022 | +2.0% | +2.0% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.4% | +2.1% | +5.4% | +16.9% | 2024 | -6.4% | 2026 |
| Assessment Ratio | 100.0% | 49.6% | — | 100.0% | 2025 | 21.3% | 2024 |
| 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 |
$92,513 | $90,372 | ~$94,406 | $94,016 | 2024 | $86,726 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,365,017 | ~$4,365,017 | ~2.1366% | ~$93,263 | +3.9% |
| 2027 | ~$4,536,518 | ~$4,536,518 | ~2.0705% | ~$93,930 | +8.0% |
| 2028 | ~$4,714,758 | ~$4,714,758 | ~2.0045% | ~$94,506 | +12.3% |
| 2029 | ~$4,900,000 | ~$4,900,000 | ~1.9384% | ~$94,981 | +16.7% |
| 2030 | ~$5,092,520 | ~$5,092,520 | ~1.8723% | ~$95,348 | +21.3% |
| 2026 | ~$4,281,017 | ~$4,281,017 | ~2.2027% | ~$94,297 | +1.9% |
| 2027 | ~$4,363,598 | ~$4,363,598 | ~2.2027% | ~$96,116 | +3.9% |
| 2028 | ~$4,447,771 | ~$4,447,771 | ~2.2027% | ~$97,970 | +5.9% |
| 2029 | ~$4,533,568 | ~$4,533,568 | ~2.2027% | ~$99,860 | +7.9% |
| 2030 | ~$4,621,020 | ~$4,621,020 | ~2.2027% | ~$101,787 | +10.0% |
| 2026 | ~$4,449,017 | ~$4,449,017 | ~2.1036% | ~$93,588 | +5.9% |
| 2027 | ~$4,712,799 | ~$4,712,799 | ~2.0045% | ~$94,466 | +12.2% |
| 2028 | ~$4,992,220 | ~$4,992,220 | ~1.9054% | ~$95,119 | +18.9% |
| 2029 | ~$5,288,209 | ~$5,288,209 | ~1.8062% | ~$95,518 | +25.9% |
| 2030 | ~$5,601,746 | ~$5,601,746 | ~1.7071% | ~$95,629 | +33.4% |
In 2025, this property's market value of $4,200,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +196% 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 | $4,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,350,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,721,646 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,650,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,600,000 | $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.