8500 SHOAL CREEK BLVD 103 TX 78757
| Owner | SHAH KAMLESH & SONAL |
|---|---|
| Parcel ID | 0243030408 |
| Short ID | 722300 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,790 SF |
| Land SF | 4,961 SF |
| Acres | 0.114 |
| Year Built | 1972 |
| Legal | UNT 103 SHOAL CREEK UNIT 4 PROFESSIONAL OFFICE CONDOMINIUMS AMENDED PLUS 3.8 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $148,815 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $148,815 |
| Improvement | $300,686 |
|---|---|
| Total Improvement | $300,686 |
| Market | $449,501 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $449,501 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $449,501 |
| Taxable Value | $449,501 |
|---|
Appreciation: Market value has risen +18.8% from $378,300 (2021) to $449,501 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. 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 $9,199. 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 33% of market value ($148,815 land vs $300,686 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $449,501, this parcel sits in the bottom quartile (<25th 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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $557,633 by 2030, with an estimated annual tax burden around $10,504. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,790 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% | $4,158.78 | $4,158.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,355.46 | $2,355.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,689.43 | $1,689.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $530.51 | $530.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $464.78 | $464.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,198.96 | $9,198.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $449,501 | $449,501 | +0.0% |
| Assessed Value | $449,501 | $449,501 | +0.0% |
| Land Value | $148,815 | $148,815 | +0.0% |
| Improvement Value | $300,686 | $300,686 | +0.0% |
| Taxable Value | $449,501 | $449,501 | +0.0% |
| Total Tax 2026 = estimate |
~$9,199
Estimated
|
~$9,199
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $465,491 | $449,501 | -15,990 (-3.4%) |
| Taxable Value | $465,491 | $449,501 | -15,990 (-3.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $449,501 | $148,815 | $300,686 | — | $449,501 | $449,501 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $449,501 | $148,815 | $300,686 | — | $449,501 | $449,501 | ~$9,199 | Partial |
| 2024 | $388,358 | — | — | −$239,543 | $148,815 | $— | $7,600 | Verified |
| 2023 | $388,708 | — | — | −$239,893 | $148,815 | $— | $7,026 | Verified |
| 2022 | $379,000 | — | — | −$230,185 | $148,815 | $— | $7,677 | Verified |
| 2021 | $378,300 | — | — | −$254,287 | $124,013 | $— | $8,250 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.6% | +3.6% | ~100% | Not available | Partial |
| 2025 | +17.2% | +17.2% | ~100% | Not available | Partial |
| 2024 | -4.1% | -4.1% | ~100% | 1.9800% | Verified |
| 2023 | +2.9% | +2.9% | ~100% | 1.7600% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.7% | +4.4% | +15.7% | 2025 | -0.1% | 2024 |
| Assessment Ratio | 100.0% | 58.1% | — | 100.0% | 2025 | 32.8% | 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 |
$9,199 | $7,950 | ~$9,974 | $9,199 | 2025 | $7,026 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$469,304 | ~$469,304 | ~2.0139% | ~$9,451 | +4.4% |
| 2027 | ~$489,979 | ~$489,979 | ~1.9814% | ~$9,708 | +9.0% |
| 2028 | ~$511,566 | ~$511,566 | ~1.9488% | ~$9,970 | +13.8% |
| 2029 | ~$534,103 | ~$534,103 | ~1.9163% | ~$10,235 | +18.8% |
| 2030 | ~$557,633 | ~$557,633 | ~1.8837% | ~$10,504 | +24.1% |
| 2026 | ~$460,314 | ~$460,314 | ~2.0465% | ~$9,420 | +2.4% |
| 2027 | ~$471,387 | ~$471,387 | ~2.0465% | ~$9,647 | +4.9% |
| 2028 | ~$482,726 | ~$482,726 | ~2.0465% | ~$9,879 | +7.4% |
| 2029 | ~$494,339 | ~$494,339 | ~2.0465% | ~$10,117 | +10.0% |
| 2030 | ~$506,230 | ~$506,230 | ~2.0465% | ~$10,360 | +12.6% |
| 2026 | ~$478,294 | ~$478,294 | ~1.9977% | ~$9,555 | +6.4% |
| 2027 | ~$508,931 | ~$508,931 | ~1.9488% | ~$9,918 | +13.2% |
| 2028 | ~$541,531 | ~$541,531 | ~1.9000% | ~$10,289 | +20.5% |
| 2029 | ~$576,219 | ~$576,219 | ~1.8512% | ~$10,667 | +28.2% |
| 2030 | ~$613,129 | ~$613,129 | ~1.8024% | ~$11,051 | +36.4% |
In 2025, this property's market value of $449,501 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -68% below 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 | $449,501 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $388,358 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $388,708 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $379,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $378,300 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.