8140 N MO-PAC EXPRESSWAY TX
| Owner | 8140 MOPAC LTD |
|---|---|
| Parcel ID | 0242020463 |
| Short ID | 442706 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 102,528 SF |
| Land SF | 250,906 SF |
| Acres | 5.760 |
| Year Built | 1981 |
| Legal | LOT 2 *(5.76ACR) WALDEN J V ADDN |
| Neighborhood | 51NWE |
| Land | $12,545,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,545,300 |
| Improvement | $303,560 |
|---|---|
| Total Improvement | $303,560 |
| Market | $12,848,860 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,848,860 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,848,860 |
| Taxable Value | $12,848,860 |
|---|
Appreciation: Market value has fallen -37.9% from $20,700,000 (2021) to $12,848,860 (2025), a CAGR of -11.2% 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 $262,950. 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 98% of market value ($12,545,300 land vs $303,560 improvements), about $50/SF of land. With value concentrated in the land under a ~45-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $12,848,860, 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 -11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,079,171 by 2030, with an estimated annual tax burden around $133,353. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 120,696 SF | ✗ |
| 1ST | 1st Floor | 51,840 SF | ✓ |
| 2ND | 2nd Floor | 50,688 SF | ✓ |
| 482 | LIGHT POLES | 24 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% | $118,877.65 | $118,877.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $67,330.21 | $67,330.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $48,291.80 | $48,291.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,164.61 | $15,164.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,285.72 | $13,285.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $262,949.99 | $262,949.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,141,418 | $12,848,860 | +2.3% |
| Assessed Value | $13,141,418 | $12,848,860 | +2.3% |
| Land Value | $12,545,300 | $12,545,300 | +0.0% |
| Improvement Value | $596,118 | $303,560 | +96.4% |
| Taxable Value | $13,141,418 | $12,848,860 | +2.3% |
| Total Tax 2026 = estimate |
~$268,937
Estimated
|
~$262,950
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,862,951 | $13,141,418 | -1,721,533 (-11.6%) |
| Taxable Value | $14,862,951 | $13,141,418 | -1,721,533 (-11.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,141,418 | $12,545,300 | $596,118 | — | $13,141,418 | $13,141,418 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,848,860 | $12,545,300 | $303,560 | — | $12,848,860 | $12,848,860 | ~$262,950 | Partial |
| 2024 | $17,900,000 | — | — | −$5,354,700 | $12,545,300 | $— | $288,471 | Verified |
| 2023 | $20,200,000 | — | — | −$11,418,290 | $8,781,710 | $— | $324,605 | Verified |
| 2022 | $21,407,100 | — | — | −$12,625,390 | $8,781,710 | $— | $400,413 | Verified |
| 2021 | $20,700,000 | — | — | −$15,681,880 | $5,018,120 | $— | $440,954 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.7% | +15.7% | ~100% | Not available | Partial |
| 2025 | -11.7% | -11.7% | ~100% | Not available | Partial |
| 2024 | -22.0% | -22.0% | ~100% | 1.9800% | Verified |
| 2023 | -14.0% | -14.0% | ~100% | 1.7400% | Verified |
| 2022 | +1.4% | +1.4% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -40.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.3% | -7.9% | -11.6% | +3.4% | 2022 | -28.2% | 2025 |
| Assessment Ratio | 100.0% | 63.1% | — | 100.0% | 2025 | 24.2% | 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 |
$262,950 | $343,478 | ~$178,312 | $440,954 | 2021 | $262,950 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,404,813 | ~$11,404,813 | ~2.0139% | ~$229,686 | -11.2% |
| 2027 | ~$10,123,058 | ~$10,123,058 | ~1.9814% | ~$200,577 | -21.2% |
| 2028 | ~$8,985,356 | ~$8,985,356 | ~1.9488% | ~$175,110 | -30.1% |
| 2029 | ~$7,975,517 | ~$7,975,517 | ~1.9163% | ~$152,834 | -37.9% |
| 2030 | ~$7,079,171 | ~$7,079,171 | ~1.8837% | ~$133,353 | -44.9% |
| 2026 | ~$12,206,417 | ~$12,206,417 | ~2.0465% | ~$249,802 | -5.0% |
| 2027 | ~$11,596,096 | ~$11,596,096 | ~2.0465% | ~$237,312 | -9.8% |
| 2028 | ~$11,016,291 | ~$11,016,291 | ~2.0465% | ~$225,447 | -14.3% |
| 2029 | ~$10,465,477 | ~$10,465,477 | ~2.0465% | ~$214,174 | -18.5% |
| 2030 | ~$9,942,203 | ~$9,942,203 | ~2.0465% | ~$203,466 | -22.6% |
| 2026 | ~$11,661,790 | ~$11,661,790 | ~1.9977% | ~$232,963 | -9.2% |
| 2027 | ~$10,584,390 | ~$10,584,390 | ~1.9488% | ~$206,273 | -17.6% |
| 2028 | ~$9,606,528 | ~$9,606,528 | ~1.9000% | ~$182,526 | -25.2% |
| 2029 | ~$8,719,008 | ~$8,719,008 | ~1.8512% | ~$161,406 | -32.1% |
| 2030 | ~$7,913,483 | ~$7,913,483 | ~1.8024% | ~$142,630 | -38.4% |
In 2025, this property's market value of $12,848,860 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,848,860 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $17,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $20,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $21,407,100 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $20,700,000 | $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.