8703 N MO-PAC EXPRESSWAY TX 78759
| Owner | SEMMATERIALS ENERGY PARTNERS LLC |
|---|---|
| Parcel ID | 0245040403 |
| Short ID | 251439 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,048 SF |
| Land SF | 144,184 SF |
| Acres | 3.310 |
| Year Built | 1958 |
| Legal | ABS 792 SUR 18 WALLACE J P ACR 3.31 |
| Neighborhood | 61NOR |
| Land | $6,920,832 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,920,832 |
| Improvement | $193,850 |
|---|---|
| Total Improvement | $193,850 |
| Market | $7,114,682 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,114,682 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,114,682 |
| Taxable Value | $7,114,682 |
|---|
Appreciation: Market value has risen +269.2% from $1,927,268 (2021) to $7,114,682 (2025), a CAGR of 38.6% 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 $145,601. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 97% of market value ($6,920,832 land vs $193,850 improvements), about $48/SF of land. With value concentrated in the land under a ~68-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 $7,114,682, 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 +38.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $36,405,938 by 2030, with an estimated annual tax burden around $215,844. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,048 SF | ✓ |
| 541 | FENCE COMM LF | 1,200 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% | $65,825.04 | $65,825.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $37,282.14 | $37,282.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $26,740.18 | $26,740.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,396.96 | $8,396.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,356.58 | $7,356.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $145,600.90 | $145,600.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,344,411 | $7,114,682 | +3.2% |
| Assessed Value | $7,344,411 | $7,114,682 | +3.2% |
| Land Value | $6,920,832 | $6,920,832 | +0.0% |
| Improvement Value | $423,579 | $193,850 | +118.5% |
| Taxable Value | $7,344,411 | $7,114,682 | +3.2% |
| Total Tax 2026 = estimate |
~$150,302
Estimated
|
~$145,601
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,344,411 | $7,344,411 | +0 (+0.0%) |
| Taxable Value | $7,344,411 | $7,344,411 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,344,411 | $6,920,832 | $423,579 | — | $7,344,411 | $7,344,411 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,114,682 | $6,920,832 | $193,850 | — | $7,114,682 | $7,114,682 | ~$145,601 | Partial |
| 2024 | $4,288,057 | — | — | — | $6,920,832 ! | $— | $143,043 | Verified |
| 2023 | $3,106,820 | — | — | — | $4,037,152 ! | $— | $77,582 | Verified |
| 2022 | $1,930,950 | — | — | — | $2,883,680 ! | $— | $61,357 | Verified |
| 2021 | $1,927,268 | — | — | −$197,060 | $1,730,208 | $— | $42,031 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +68.3% | +68.3% | ~100% | 1.9800% | Verified |
| 2023 | +38.0% | +38.0% | ~100% | 1.8100% | Verified |
| 2022 | +60.9% | +60.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +268.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.2% | +33.6% | +37.7% | +65.9% | 2025 | +0.2% | 2022 |
| Assessment Ratio | 100.0% | 121.7% | — | 161.4% | 2024 | 89.8% | 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 |
$145,601 | $93,923 | ~$185,638 | $145,601 | 2025 | $42,031 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,861,860 | ~$7,826,150 | ~2.0139% | ~$157,614 | +38.6% |
| 2027 | ~$13,669,801 | ~$8,608,765 | ~1.9814% | ~$170,573 | +92.1% |
| 2028 | ~$18,948,094 | ~$9,469,642 | ~1.9488% | ~$184,548 | +166.3% |
| 2029 | ~$26,264,484 | ~$10,416,606 | ~1.9163% | ~$199,612 | +269.2% |
| 2030 | ~$36,405,938 | ~$11,458,267 | ~1.8837% | ~$215,844 | +411.7% |
| 2026 | ~$9,719,567 | ~$7,826,150 | ~2.0465% | ~$160,161 | +36.6% |
| 2027 | ~$13,278,172 | ~$8,608,765 | ~2.0465% | ~$176,177 | +86.6% |
| 2028 | ~$18,139,683 | ~$9,469,642 | ~2.0465% | ~$193,795 | +155.0% |
| 2029 | ~$24,781,130 | ~$10,416,606 | ~2.0465% | ~$213,174 | +248.3% |
| 2030 | ~$33,854,196 | ~$11,458,267 | ~2.0465% | ~$234,492 | +375.8% |
| 2026 | ~$10,004,154 | ~$7,826,150 | ~1.9977% | ~$156,340 | +40.6% |
| 2027 | ~$14,067,121 | ~$8,608,765 | ~1.9488% | ~$167,771 | +97.7% |
| 2028 | ~$19,780,173 | ~$9,469,642 | ~1.9000% | ~$179,925 | +178.0% |
| 2029 | ~$27,813,456 | ~$10,416,606 | ~1.8512% | ~$192,832 | +290.9% |
| 2030 | ~$39,109,280 | ~$11,458,267 | ~1.8024% | ~$206,521 | +449.7% |
In 2025, this property's market value of $7,114,682 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,114,682 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,288,057 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,106,820 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,930,950 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,927,268 | $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.