8601 N MO-PAC EXPRESSWAY TX 78759
| Owner | REALTY INCOME TEXAS PROPERTIES L P |
|---|---|
| Parcel ID | 0245040408 |
| Short ID | 568793 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 10,003 SF |
| Land SF | 43,821 SF |
| Acres | 1.006 |
| Year Built | 2003 |
| Legal | LOT 2 BLK A REUNION PARK SUBD |
| Neighborhood | 83NOR |
| Land | $2,410,155 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,410,155 |
| Improvement | $1,200,935 |
|---|---|
| Total Improvement | $1,200,935 |
| Market | $3,611,090 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,611,090 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,611,090 |
| Taxable Value | $3,611,090 |
|---|
Appreciation: Market value has risen +82.2% from $1,982,200 (2021) to $3,611,090 (2025), a CAGR of 16.2% 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 $73,900. 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 67% of market value ($2,410,155 land vs $1,200,935 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,611,090, 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 +16.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,642,789 by 2030, with an estimated annual tax burden around $109,553. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 31,500 SF | ✗ |
| 1ST | 1st Floor | 10,003 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,512 SF | ✗ |
| SO | Sketch Only | 1,512 SF | ✗ |
| 437 | FENCE MASON LF | 37 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $33,409.80 | $33,409.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,922.73 | $18,922.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,572.10 | $13,572.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,261.92 | $4,261.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,733.87 | $3,733.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $73,900.42 | $73,900.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,816,674 | $3,611,090 | +5.7% |
| Assessed Value | $3,816,674 | $3,611,090 | +5.7% |
| Land Value | $2,410,155 | $2,410,155 | +0.0% |
| Improvement Value | $1,406,519 | $1,200,935 | +17.1% |
| Taxable Value | $3,816,674 | $3,611,090 | +5.7% |
| Total Tax 2026 = estimate |
~$78,108
Estimated
|
~$73,900
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,155,474 | $3,816,674 | -338,800 (-8.2%) |
| Taxable Value | $4,155,474 | $3,816,674 | -338,800 (-8.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,816,674 | $2,410,155 | $1,406,519 | — | $3,816,674 | $3,816,674 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,611,090 | $2,410,155 | $1,200,935 | — | $3,611,090 | $3,611,090 | ~$73,900 | Partial |
| 2024 | $3,504,639 | — | — | −$1,094,484 | $2,410,155 | $— | $83,347 | Verified |
| 2023 | $2,994,005 | — | — | −$583,850 | $2,410,155 | $— | $63,408 | Verified |
| 2022 | $2,356,157 | — | — | −$822,422 | $1,533,735 | $— | $59,129 | Verified |
| 2021 | $1,982,200 | — | — | −$1,105,780 | $876,420 | $— | $51,286 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.1% | +15.1% | ~100% | Not available | Partial |
| 2025 | -15.2% | -14.1% | ~100% | Not available | Partial |
| 2024 | +21.5% | +20.0% | 98.7% | 1.9600% | Verified |
| 2023 | +17.1% | +17.1% | ~100% | 1.8100% | Verified |
| 2022 | +27.1% | +27.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.7% | +14.4% | +14.9% | +27.1% | 2023 | +3.0% | 2025 |
| Assessment Ratio | 100.0% | 76.4% | — | 100.0% | 2025 | 44.2% | 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 |
$73,900 | $66,214 | ~$94,222 | $83,347 | 2024 | $51,286 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,195,281 | ~$3,972,199 | ~2.0139% | ~$79,998 | +16.2% |
| 2027 | ~$4,873,980 | ~$4,369,419 | ~1.9814% | ~$86,575 | +35.0% |
| 2028 | ~$5,662,477 | ~$4,806,361 | ~1.9488% | ~$93,668 | +56.8% |
| 2029 | ~$6,578,534 | ~$5,286,997 | ~1.9163% | ~$101,314 | +82.2% |
| 2030 | ~$7,642,789 | ~$5,815,697 | ~1.8837% | ~$109,553 | +111.6% |
| 2026 | ~$4,123,059 | ~$3,972,199 | ~2.0465% | ~$81,290 | +14.2% |
| 2027 | ~$4,707,613 | ~$4,369,419 | ~2.0465% | ~$89,420 | +30.4% |
| 2028 | ~$5,375,044 | ~$4,806,361 | ~2.0465% | ~$98,361 | +48.8% |
| 2029 | ~$6,137,100 | ~$5,286,997 | ~2.0465% | ~$108,198 | +70.0% |
| 2030 | ~$7,007,199 | ~$5,815,697 | ~2.0465% | ~$119,017 | +94.0% |
| 2026 | ~$4,267,502 | ~$3,972,199 | ~1.9977% | ~$79,351 | +18.2% |
| 2027 | ~$5,043,236 | ~$4,369,419 | ~1.9488% | ~$85,153 | +39.7% |
| 2028 | ~$5,959,979 | ~$4,806,361 | ~1.9000% | ~$91,322 | +65.0% |
| 2029 | ~$7,043,365 | ~$5,286,997 | ~1.8512% | ~$97,873 | +95.0% |
| 2030 | ~$8,323,686 | ~$5,815,697 | ~1.8024% | ~$104,820 | +130.5% |
In 2025, this property's market value of $3,611,090 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +155% 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 | $3,611,090 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,504,639 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,994,005 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,356,157 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,982,200 | $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.