7951 SHOAL CREEK BLVD 2 TX 78759
| Owner | 7951-B SC LP |
|---|---|
| Parcel ID | 0241040903 |
| Short ID | 946735 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 36,000 SF |
| Land SF | 154,264 SF |
| Acres | 3.541 |
| Year Built | 2020 |
| Legal | UNT 2 NORTH SHOAL CREEK SITE CONDOMINIUMS PLUS 74.36 % INT IN COM AREA |
| Neighborhood | 55NWE |
| Land | $3,856,607 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,856,607 |
| Improvement | $7,043,393 |
|---|---|
| Total Improvement | $7,043,393 |
| Market | $10,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,900,000 |
| Taxable Value | $10,900,000 |
|---|
Appreciation: Market value has risen +141.0% from $4,522,000 (2022) to $10,900,000 (2025), a CAGR of 34.1% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 +16.6%, 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 $223,067. 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 35% of market value ($3,856,607 land vs $7,043,393 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,900,000, 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 +34.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $47,233,819 by 2030, with an estimated annual tax burden around $330,683. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 26,340 SF | ✓ |
| 1ST | 1st Floor | 12,000 SF | ✓ |
| 2ND | 2nd Floor | 12,000 SF | ✓ |
| 3RD | 3rd Floor | 12,000 SF | ✓ |
| 4TH | 4th Floor | 12,000 SF | ✓ |
Market value changed by 138% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $100,846.80 | $100,846.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $57,117.85 | $57,117.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $40,967.11 | $40,967.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,864.51 | $12,864.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,270.60 | $11,270.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $223,066.87 | $223,066.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,900,000 | $10,900,000 | +0.0% |
| Assessed Value | $10,900,000 | $10,900,000 | +0.0% |
| Land Value | $3,856,607 | $3,856,607 | +0.0% |
| Improvement Value | $7,043,393 | $7,043,393 | +0.0% |
| Taxable Value | $10,900,000 | $10,900,000 | +0.0% |
| Total Tax 2026 = estimate |
~$223,067
Estimated
|
~$223,067
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,033,757 | $10,900,000 | -2,133,757 (-16.4%) |
| Taxable Value | $13,033,757 | $10,900,000 | -2,133,757 (-16.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,900,000 | $3,856,607 | $7,043,393 | — | $10,900,000 | $10,900,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,900,000 | $3,856,607 | $7,043,393 | — | $10,900,000 | $10,900,000 | ~$223,067 | Partial |
| 2024 | $11,592,212 | — | — | −$7,735,605 | $3,856,607 | $— | $229,736 | Verified |
| 2023 | $10,300,000 | — | — | −$6,443,393 | $3,856,607 | $— | $209,732 | Verified |
| 2022 | $4,522,000 | — | — | −$665,393 | $3,856,607 | $— | $203,890 | Verified |
| 2021 | $— | — | — | — | $3,856,607 | $— | $98,429 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.6% | +19.6% | ~100% | Not available | Partial |
| 2025 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +7.5% | +7.5% | ~100% | 1.8100% | Verified |
| 2022 | +138.4% ! | +138.4% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +141.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +33.6% | +34.1% | +127.8% | 2023 | -6.0% | 2025 |
| Assessment Ratio | 100.0% | 71.2% | — | 100.0% | 2025 | 33.3% | 2024 |
| 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 |
$223,067 | $216,606 | ~$284,406 | $229,736 | 2024 | $203,890 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,614,764 | ~$11,990,000 | ~2.0139% | ~$241,471 | +34.1% |
| 2027 | ~$19,595,535 | ~$13,189,000 | ~1.9814% | ~$261,325 | +79.8% |
| 2028 | ~$26,273,773 | ~$14,507,900 | ~1.9488% | ~$282,736 | +141.0% |
| 2029 | ~$35,227,981 | ~$15,958,690 | ~1.9163% | ~$305,815 | +223.2% |
| 2030 | ~$47,233,819 | ~$17,554,559 | ~1.8837% | ~$330,683 | +333.3% |
| 2026 | ~$14,396,764 | ~$11,990,000 | ~2.0465% | ~$245,374 | +32.1% |
| 2027 | ~$19,015,304 | ~$13,189,000 | ~2.0465% | ~$269,911 | +74.5% |
| 2028 | ~$25,115,491 | ~$14,507,900 | ~2.0465% | ~$296,902 | +130.4% |
| 2029 | ~$33,172,642 | ~$15,958,690 | ~2.0465% | ~$326,592 | +204.3% |
| 2030 | ~$43,814,560 | ~$17,554,559 | ~2.0465% | ~$359,251 | +302.0% |
| 2026 | ~$14,832,764 | ~$11,990,000 | ~1.9977% | ~$239,520 | +36.1% |
| 2027 | ~$20,184,486 | ~$13,189,000 | ~1.9488% | ~$257,032 | +85.2% |
| 2028 | ~$27,467,130 | ~$14,507,900 | ~1.9000% | ~$275,653 | +152.0% |
| 2029 | ~$37,377,381 | ~$15,958,690 | ~1.8512% | ~$295,426 | +242.9% |
| 2030 | ~$50,863,292 | ~$17,554,559 | ~1.8024% | ~$316,398 | +366.6% |
In 2025, this property's market value of $10,900,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $10,900,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,592,212 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,522,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.