8500 SHOAL CREEK BLVD 208 TX 78757
| Owner | RIAL MANAGEMENT GROUP LLC |
|---|---|
| Parcel ID | 0243030420 |
| Short ID | 722313 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 3,314 SF |
| Land SF | 9,177 SF |
| Acres | 0.211 |
| Year Built | 1972 |
| Legal | UNT 208 SHOAL CREEK UNIT 4 PROFESSIONAL OFFICE CONDOMINIUMS AMENDED PLUS 7.03 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $275,308 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $275,308 |
| Improvement | $593,135 |
|---|---|
| Total Improvement | $593,135 |
| Market | $868,443 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $868,443 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $868,443 |
| Taxable Value | $868,443 |
|---|
| Total Due | $20,438.43 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +27.7% from $680,000 (2021) to $868,443 (2025), a CAGR of 6.3% 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 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 $17,773. 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 32% of market value ($275,308 land vs $593,135 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 $868,443, this parcel sits in the lower-middle (25th–50th 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,179,049 by 2030, with an estimated annual tax burden around $22,210. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $20,438.43 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,314 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +403 |
| Travis County | 0.3444% | 0.3758% | +273 |
| Austin ISD | 0.9505% | 0.9252% | -220 |
| Travis Central Health | 0.1080% | 0.1180% | +87 |
| Austin Community College | 0.1013% | 0.1034% | +18 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $8,034.83 | $— | $8,034.83 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,550.79 | $— | $4,550.79 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,264.00 | $— | $3,264.00 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,024.96 | $— | $1,024.96 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $897.97 | $— | $897.97 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,772.55 | $0.00 | $17,772.55 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $834,448 | $868,443 | -3.9% |
| Assessed Value | $834,448 | $868,443 | -3.9% |
| Land Value | $275,308 | $275,308 | +0.0% |
| Improvement Value | $559,140 | $593,135 | -5.7% |
| Taxable Value | $834,448 | $868,443 | -3.9% |
| Total Tax 2026 = estimate |
~$17,077
Estimated
|
$17,773 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $834,448 | $834,448 | +0 (+0.0%) |
| Taxable Value | $834,448 | $834,448 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $834,448 | $275,308 | $559,140 | — | $834,448 | $834,448 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $868,443 | $275,308 | $593,135 | — | $868,443 | $868,443 | $17,773 | Verified |
| 2024 | $696,074 | — | — | −$420,766 | $275,308 | $— | $13,943 | Verified |
| 2023 | $683,823 | — | — | −$408,515 | $275,308 | $— | $12,594 | Verified |
| 2022 | $683,846 | — | — | −$408,538 | $275,308 | $— | $13,505 | Verified |
| 2021 | $680,000 | — | — | −$450,576 | $229,424 | $— | $14,885 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | +23.4% | +23.4% | ~100% | 2.0500% | Verified |
| 2024 | -2.1% | -2.1% | ~100% | 1.9800% | Verified |
| 2023 | -1.2% | -1.2% | ~100% | 1.7500% | Verified |
| 2022 | +6.4% | +6.4% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +4.7% | +7.2% | +24.8% | 2025 | -3.9% | 2026 |
| Assessment Ratio | 100.0% | 59.0% | — | 100.0% | 2025 | 33.7% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $17,773 | $14,540 | ~$20,367 | $17,773 | 2025 | $12,594 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$923,208 | ~$923,208 | ~2.0139% | ~$18,593 | +6.3% |
| 2027 | ~$981,426 | ~$981,426 | ~1.9814% | ~$19,446 | +13.0% |
| 2028 | ~$1,043,315 | ~$1,043,315 | ~1.9488% | ~$20,333 | +20.1% |
| 2029 | ~$1,109,108 | ~$1,109,108 | ~1.9163% | ~$21,254 | +27.7% |
| 2030 | ~$1,179,049 | ~$1,179,049 | ~1.8837% | ~$22,210 | +35.8% |
| 2026 | ~$905,839 | ~$905,839 | ~2.0465% | ~$18,538 | +4.3% |
| 2027 | ~$944,845 | ~$944,845 | ~2.0465% | ~$19,336 | +8.8% |
| 2028 | ~$985,531 | ~$985,531 | ~2.0465% | ~$20,169 | +13.5% |
| 2029 | ~$1,027,968 | ~$1,027,968 | ~2.0465% | ~$21,037 | +18.4% |
| 2030 | ~$1,072,234 | ~$1,072,234 | ~2.0465% | ~$21,943 | +23.5% |
| 2026 | ~$940,577 | ~$940,577 | ~1.9977% | ~$18,790 | +8.3% |
| 2027 | ~$1,018,702 | ~$1,018,702 | ~1.9488% | ~$19,853 | +17.3% |
| 2028 | ~$1,103,316 | ~$1,103,316 | ~1.9000% | ~$20,963 | +27.0% |
| 2029 | ~$1,194,958 | ~$1,194,958 | ~1.8512% | ~$22,121 | +37.6% |
| 2030 | ~$1,294,212 | ~$1,294,212 | ~1.8024% | ~$23,327 | +49.0% |
In 2025, this property's market value of $868,443 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -39% 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 | $868,443 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $696,074 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $683,823 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $683,846 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $680,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.