8610 N MO-PAC EXPRESSWAY TX 78749
| Owner | WHATLEY STEPHEN RAY |
|---|---|
| Parcel ID | 0245040302 |
| Short ID | 251438 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 657 SF |
| Land SF | 83,200 SF |
| Acres | 1.910 |
| Year Built | 1984 |
| Legal | LOT 1 HORIZON NO 1 |
| Neighborhood | 58NWE |
| Land | $4,159,980 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,159,980 |
| Improvement | $1 |
|---|---|
| Total Improvement | $1 |
| Market | $4,159,981 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,159,981 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,159,981 |
| Taxable Value | $4,159,981 |
|---|
Appreciation: Market value has risen +147.2% from $1,682,520 (2021) to $4,159,981 (2025), a CAGR of 25.4% 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 $85,133. 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 100% of market value ($4,159,980 land vs $1 improvements), about $50/SF of land. With value concentrated in the land under a ~42-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 $4,159,981, 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 +25.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,897,491 by 2030, with an estimated annual tax burden around $126,205. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 503 | CANOPY - BANK | 1,196 SF | ✗ |
| 1ST | 1st Floor | 657 SF | ✓ |
| 501 | CANOPY | 151 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $38,488.14 | $38,488.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,799.01 | $21,799.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,635.08 | $15,635.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,909.73 | $4,909.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,301.42 | $4,301.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $85,133.38 | $85,133.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,166,550 | $4,159,981 | +0.2% |
| Assessed Value | $4,166,550 | $4,159,981 | +0.2% |
| Land Value | $4,159,980 | $4,159,980 | +0.0% |
| Improvement Value | $6,570 | $1 | +656900.0% |
| Taxable Value | $4,166,550 | $4,159,981 | +0.2% |
| Total Tax 2026 = estimate |
~$85,268
Estimated
|
~$85,133
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,173,268 | $4,166,550 | -6,718 (-0.2%) |
| Taxable Value | $4,173,268 | $4,166,550 | -6,718 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,166,550 | $4,159,980 | $6,570 | — | $4,166,550 | $4,166,550 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,159,981 | $4,159,980 | $1 | — | $4,159,981 | $4,159,981 | ~$85,133 | Partial |
| 2024 | $2,926,500 | — | — | — | $4,159,980 ! | $— | $69,597 | Verified |
| 2023 | $2,911,987 | — | — | −$1 | $2,911,986 | $— | $52,948 | Verified |
| 2022 | $1,693,891 | — | — | — | $2,911,986 ! | $— | $57,510 | Verified |
| 2021 | $1,682,520 | — | — | −$18,528 | $1,663,992 | $— | $36,871 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -0.3% | +18.5% | ~100% | Not available | Partial |
| 2024 | +42.6% | +20.0% | 84.2% | 1.6700% | Verified |
| 2023 | +0.5% | +0.5% | ~100% | 1.8100% | Verified |
| 2022 | +71.9% | +71.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +145.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +23.1% | +25.4% | +71.9% | 2023 | +0.2% | 2026 |
| Assessment Ratio | 100.0% | 118.8% | — | 171.9% | 2022 | 98.9% | 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 |
$85,133 | $60,412 | ~$108,543 | $85,133 | 2025 | $36,871 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,216,439 | ~$4,575,979 | ~2.0139% | ~$92,157 | +25.4% |
| 2027 | ~$6,541,192 | ~$5,033,577 | ~1.9814% | ~$99,735 | +57.2% |
| 2028 | ~$8,202,376 | ~$5,536,935 | ~1.9488% | ~$107,906 | +97.2% |
| 2029 | ~$10,285,430 | ~$6,090,628 | ~1.9163% | ~$116,714 | +147.2% |
| 2030 | ~$12,897,491 | ~$6,699,691 | ~1.8837% | ~$126,205 | +210.0% |
| 2026 | ~$5,133,239 | ~$4,575,979 | ~2.0465% | ~$93,647 | +23.4% |
| 2027 | ~$6,334,199 | ~$5,033,577 | ~2.0465% | ~$103,011 | +52.3% |
| 2028 | ~$7,816,131 | ~$5,536,935 | ~2.0465% | ~$113,313 | +87.9% |
| 2029 | ~$9,644,773 | ~$6,090,628 | ~2.0465% | ~$124,644 | +131.8% |
| 2030 | ~$11,901,238 | ~$6,699,691 | ~2.0465% | ~$137,108 | +186.1% |
| 2026 | ~$5,299,639 | ~$4,575,979 | ~1.9977% | ~$91,413 | +27.4% |
| 2027 | ~$6,751,514 | ~$5,033,577 | ~1.9488% | ~$98,096 | +62.3% |
| 2028 | ~$8,601,141 | ~$5,536,935 | ~1.9000% | ~$105,203 | +106.8% |
| 2029 | ~$10,957,487 | ~$6,090,628 | ~1.8512% | ~$112,749 | +163.4% |
| 2030 | ~$13,959,371 | ~$6,699,691 | ~1.8024% | ~$120,753 | +235.6% |
In 2025, this property's market value of $4,159,981 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +193% above 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 | $4,159,981 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,926,500 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,911,987 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,693,891 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,682,520 | $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.