8500 SHOAL CREEK BLVD 225 TX 78757
| Owner | NASTA SANJAY |
|---|---|
| Parcel ID | 0243030423 |
| Short ID | 722317 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 5,495 SF |
| Land SF | 15,221 SF |
| Acres | 0.349 |
| Year Built | 1972 |
| Legal | UNT 225 SHOAL CREEK UNIT 4 PROFESSIONAL OFFICE CONDOMINIUMS AMENDED PLUS 11.66 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $456,628 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $456,628 |
| Improvement | $846,143 |
|---|---|
| Total Improvement | $846,143 |
| Market | $1,302,771 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,302,771 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,302,771 |
| Taxable Value | $1,302,771 |
|---|
Appreciation: Market value has risen +24.1% from $1,050,000 (2021) to $1,302,771 (2025), a CAGR of 5.5% 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 $26,661. 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 35% of market value ($456,628 land vs $846,143 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 $1,302,771, 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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,705,951 by 2030, with an estimated annual tax burden around $32,136. 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 | 5,495 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% | $12,053.24 | $12,053.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,826.74 | $6,826.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,896.40 | $4,896.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,537.57 | $1,537.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,347.07 | $1,347.07 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,661.02 | $26,661.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,302,771 | $1,302,771 | +0.0% |
| Assessed Value | $1,302,771 | $1,302,771 | +0.0% |
| Land Value | $456,628 | $456,628 | +0.0% |
| Improvement Value | $846,143 | $846,143 | +0.0% |
| Taxable Value | $1,302,771 | $1,302,771 | +0.0% |
| Total Tax 2026 = estimate |
~$26,661
Estimated
|
~$26,661
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,347,760 | $1,302,771 | -44,989 (-3.3%) |
| Taxable Value | $1,347,760 | $1,302,771 | -44,989 (-3.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,302,771 | $456,628 | $846,143 | — | $1,302,771 | $1,302,771 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,302,771 | $456,628 | $846,143 | — | $1,302,771 | $1,302,771 | ~$26,661 | Partial |
| 2024 | $1,115,500 | — | — | −$658,872 | $456,628 | $— | $22,084 | Verified |
| 2023 | $1,130,159 | — | — | −$673,531 | $456,628 | $— | $20,182 | Verified |
| 2022 | $1,122,000 | — | — | −$665,372 | $456,628 | $— | $22,320 | Verified |
| 2021 | $1,050,000 | — | — | −$669,477 | $380,523 | $— | $24,422 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.5% | +3.5% | ~100% | Not available | Partial |
| 2025 | +16.9% | +16.9% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.9800% | Verified |
| 2023 | -1.3% | -1.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.7% | +0.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.6% | +5.5% | +16.8% | 2025 | -1.3% | 2024 |
| Assessment Ratio | 100.0% | 59.7% | — | 100.0% | 2025 | 36.2% | 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 |
$26,661 | $23,134 | ~$29,880 | $26,661 | 2025 | $20,182 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,374,953 | ~$1,374,953 | ~2.0139% | ~$27,691 | +5.5% |
| 2027 | ~$1,451,134 | ~$1,451,134 | ~1.9814% | ~$28,753 | +11.4% |
| 2028 | ~$1,531,536 | ~$1,531,536 | ~1.9488% | ~$29,847 | +17.6% |
| 2029 | ~$1,616,393 | ~$1,616,393 | ~1.9163% | ~$30,975 | +24.1% |
| 2030 | ~$1,705,951 | ~$1,705,951 | ~1.8837% | ~$32,136 | +30.9% |
| 2026 | ~$1,348,897 | ~$1,348,897 | ~2.0465% | ~$27,605 | +3.5% |
| 2027 | ~$1,396,657 | ~$1,396,657 | ~2.0465% | ~$28,582 | +7.2% |
| 2028 | ~$1,446,107 | ~$1,446,107 | ~2.0465% | ~$29,594 | +11.0% |
| 2029 | ~$1,497,309 | ~$1,497,309 | ~2.0465% | ~$30,642 | +14.9% |
| 2030 | ~$1,550,323 | ~$1,550,323 | ~2.0465% | ~$31,727 | +19.0% |
| 2026 | ~$1,401,008 | ~$1,401,008 | ~1.9977% | ~$27,987 | +7.5% |
| 2027 | ~$1,506,653 | ~$1,506,653 | ~1.9488% | ~$29,362 | +15.6% |
| 2028 | ~$1,620,264 | ~$1,620,264 | ~1.9000% | ~$30,785 | +24.4% |
| 2029 | ~$1,742,442 | ~$1,742,442 | ~1.8512% | ~$32,256 | +33.7% |
| 2030 | ~$1,873,834 | ~$1,873,834 | ~1.8024% | ~$33,773 | +43.8% |
In 2025, this property's market value of $1,302,771 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,302,771 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,115,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,130,159 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,122,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,050,000 | $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.