8500 SHOAL CREEK BLVD 220 TX 78757
| Owner | NASTA SANJAY S |
|---|---|
| Parcel ID | 0243030422 |
| Short ID | 722315 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 5,180 SF |
| Land SF | 14,346 SF |
| Acres | 0.329 |
| Year Built | 1972 |
| Legal | UNT 220 SHOAL CREEK UNIT 4 PROFESSIONAL OFFICE CONDOMINIUMS AMENDED PLUS 10.99 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $430,390 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $430,390 |
| Improvement | $757,755 |
|---|---|
| Total Improvement | $757,755 |
| Market | $1,188,145 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,188,145 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,188,145 |
| Taxable Value | $1,188,145 |
|---|
Appreciation: Market value has risen +15.5% from $1,028,930 (2021) to $1,188,145 (2025), a CAGR of 3.7% 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 $24,315. 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 36% of market value ($430,390 land vs $757,755 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 $1,188,145, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,422,244 by 2030, with an estimated annual tax burden around $26,791. 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 | 5,180 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% | $10,992.72 | $10,992.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,226.08 | $6,226.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,465.58 | $4,465.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,402.28 | $1,402.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,228.54 | $1,228.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,315.20 | $24,315.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,188,145 | $1,188,145 | +0.0% |
| Assessed Value | $1,188,145 | $1,188,145 | +0.0% |
| Land Value | $430,390 | $430,390 | +0.0% |
| Improvement Value | $757,755 | $757,755 | +0.0% |
| Taxable Value | $1,188,145 | $1,188,145 | +0.0% |
| Total Tax 2026 = estimate |
~$24,315
Estimated
|
~$24,315
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,270,438 | $1,188,145 | -82,293 (-6.5%) |
| Taxable Value | $1,270,438 | $1,188,145 | -82,293 (-6.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,188,145 | $430,390 | $757,755 | — | $1,188,145 | $1,188,145 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,188,145 | $430,390 | $757,755 | — | $1,188,145 | $1,188,145 | ~$24,315 | Partial |
| 2024 | $1,063,479 | — | — | −$633,089 | $430,390 | $— | $20,172 | Verified |
| 2023 | $1,032,708 | — | — | −$602,318 | $430,390 | $— | $19,241 | Verified |
| 2022 | $1,011,000 | — | — | −$580,610 | $430,390 | $— | $20,395 | Verified |
| 2021 | $1,028,930 | — | — | −$670,272 | $358,658 | $— | $22,006 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | +16.7% | +16.7% | ~100% | Not available | Partial |
| 2024 | -4.3% | -4.3% | ~100% | 1.9800% | Verified |
| 2023 | +3.0% | +3.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.0% | +3.7% | +11.7% | 2025 | -1.7% | 2022 |
| Assessment Ratio | 100.0% | 59.9% | — | 100.0% | 2025 | 34.9% | 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 |
$24,315 | $21,226 | ~$25,796 | $24,315 | 2025 | $19,241 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,231,659 | ~$1,231,659 | ~2.0139% | ~$24,805 | +3.7% |
| 2027 | ~$1,276,766 | ~$1,276,766 | ~1.9814% | ~$25,298 | +7.5% |
| 2028 | ~$1,323,525 | ~$1,323,525 | ~1.9488% | ~$25,793 | +11.4% |
| 2029 | ~$1,371,997 | ~$1,371,997 | ~1.9163% | ~$26,291 | +15.5% |
| 2030 | ~$1,422,244 | ~$1,422,244 | ~1.8837% | ~$26,791 | +19.7% |
| 2026 | ~$1,207,896 | ~$1,207,896 | ~2.0465% | ~$24,719 | +1.7% |
| 2027 | ~$1,227,975 | ~$1,227,975 | ~2.0465% | ~$25,130 | +3.4% |
| 2028 | ~$1,248,388 | ~$1,248,388 | ~2.0465% | ~$25,548 | +5.1% |
| 2029 | ~$1,269,140 | ~$1,269,140 | ~2.0465% | ~$25,973 | +6.8% |
| 2030 | ~$1,290,237 | ~$1,290,237 | ~2.0465% | ~$26,405 | +8.6% |
| 2026 | ~$1,255,422 | ~$1,255,422 | ~1.9977% | ~$25,079 | +5.7% |
| 2027 | ~$1,326,507 | ~$1,326,507 | ~1.9488% | ~$25,851 | +11.6% |
| 2028 | ~$1,401,618 | ~$1,401,618 | ~1.9000% | ~$26,631 | +18.0% |
| 2029 | ~$1,480,983 | ~$1,480,983 | ~1.8512% | ~$27,416 | +24.6% |
| 2030 | ~$1,564,840 | ~$1,564,840 | ~1.8024% | ~$28,204 | +31.7% |
In 2025, this property's market value of $1,188,145 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% 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 | $1,188,145 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,063,479 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,032,708 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,011,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,028,930 | $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.