8400 N MO-PAC EXPRESSWAY TX
| Owner | WOODS METRO IX LTD |
|---|---|
| Parcel ID | 0243030104 |
| Short ID | 248505 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 14,601 SF |
| Land SF | 97,138 SF |
| Acres | 2.230 |
| Year Built | 1979 |
| Legal | LOT 1 CIMA SERENA VILLAGE PHS 1-B |
| Neighborhood | 52NWE |
| Land | $4,856,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,856,900 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,347,636 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,347,636 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,347,636 |
| Taxable Value | $4,347,636 |
|---|
Appreciation: Market value has risen +89.1% from $2,299,400 (2021) to $4,347,636 (2025), a CAGR of 17.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, 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 $88,974. 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 112% of market value ($4,856,900 land vs $0 improvements), about $50/SF of land. With value concentrated in the land under a ~47-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 $4,347,636, 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 +17.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,639,433 by 2030, with an estimated annual tax burden around $131,898. 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 | 20,000 SF | ✗ |
| 1ST | 1st Floor | 14,601 SF | ✓ |
| 511 | DECK | 346 SF | ✗ |
| 521 | FIREPLACE | 1 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% | $40,224.33 | $40,224.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,782.35 | $22,782.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,340.37 | $16,340.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,131.21 | $5,131.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,495.46 | $4,495.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $88,973.72 | $88,973.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,000,000 | $4,347,636 | -8.0% |
| Assessed Value | $4,000,000 | $4,347,636 | -8.0% |
| Land Value | $4,856,900 | $4,856,900 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $4,000,000 | $4,347,636 | -8.0% |
| Total Tax 2026 = estimate |
~$81,859
Estimated
|
~$88,974
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,000,000 | $4,000,000 | +0 (+0.0%) |
| Taxable Value | $4,000,000 | $4,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,000,000 | $4,856,900 | — | — | $4,000,000 | $4,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,347,636 | $4,856,900 | — | — | $4,347,636 | $4,347,636 | ~$88,974 | Partial |
| 2024 | $3,398,569 | — | — | — | $4,664,057 ! | $— | $79,352 | Verified |
| 2023 | $2,708,262 | — | — | — | $3,398,569 ! | $— | $61,489 | Verified |
| 2022 | $2,242,000 | — | — | — | $3,000,000 ! | $— | $53,774 | Verified |
| 2021 | $2,299,400 | — | — | −$356,640 | $1,942,760 | $— | $48,801 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.0% | -8.0% | ~100% | Not available | Partial |
| 2025 | -6.8% | +6.6% | ~100% | Not available | Partial |
| 2024 | +37.2% | +20.0% | 87.4% | 1.7000% | Verified |
| 2023 | +13.3% | +13.3% | ~100% | 1.8100% | Verified |
| 2022 | +33.8% | +33.8% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +93.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.0% | +12.7% | +19.3% | +27.9% | 2025 | -8.0% | 2026 |
| Assessment Ratio | 100.0% | 113.5% | — | 137.2% | 2024 | 84.5% | 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 |
$88,974 | $66,478 | ~$113,440 | $88,974 | 2025 | $48,801 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,098,153 | ~$4,782,400 | ~2.0139% | ~$96,314 | +17.3% |
| 2027 | ~$5,978,228 | ~$5,260,640 | ~1.9814% | ~$104,234 | +37.5% |
| 2028 | ~$7,010,228 | ~$5,786,704 | ~1.9488% | ~$112,774 | +61.2% |
| 2029 | ~$8,220,379 | ~$6,365,374 | ~1.9163% | ~$121,979 | +89.1% |
| 2030 | ~$9,639,433 | ~$7,001,911 | ~1.8837% | ~$131,898 | +121.7% |
| 2026 | ~$5,011,200 | ~$4,782,400 | ~2.0465% | ~$97,871 | +15.3% |
| 2027 | ~$5,776,041 | ~$5,260,640 | ~2.0465% | ~$107,658 | +32.9% |
| 2028 | ~$6,657,618 | ~$5,786,704 | ~2.0465% | ~$118,424 | +53.1% |
| 2029 | ~$7,673,746 | ~$6,365,374 | ~2.0465% | ~$130,266 | +76.5% |
| 2030 | ~$8,844,962 | ~$7,001,911 | ~2.0465% | ~$143,293 | +103.4% |
| 2026 | ~$5,185,105 | ~$4,782,400 | ~1.9977% | ~$95,536 | +19.3% |
| 2027 | ~$6,183,894 | ~$5,260,640 | ~1.9488% | ~$102,521 | +42.2% |
| 2028 | ~$7,375,075 | ~$5,786,704 | ~1.9000% | ~$109,948 | +69.6% |
| 2029 | ~$8,795,709 | ~$6,365,374 | ~1.8512% | ~$117,835 | +102.3% |
| 2030 | ~$10,489,994 | ~$7,001,911 | ~1.8024% | ~$126,200 | +141.3% |
In 2025, this property's market value of $4,347,636 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,347,636 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,398,569 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,708,262 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,242,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,299,400 | $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.