8611 N MO-PAC EXPRESSWAY TX 78759
| Owner | 8611 MOPAC LLC |
|---|---|
| Parcel ID | 0245040409 |
| Short ID | 873507 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 77,179 SF |
| Land SF | 100,885 SF |
| Acres | 2.316 |
| Year Built | 2017 |
| Legal | LOT 1 8611 CENTRE |
| Neighborhood | 51NWE |
| Land | $5,548,673 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,548,673 |
| Improvement | $19,240,640 |
|---|---|
| Total Improvement | $19,240,640 |
| Market | $24,789,313 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,789,313 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,789,313 |
| Taxable Value | $24,789,313 |
|---|
Appreciation: Market value has fallen -37.2% from $39,499,000 (2021) to $24,789,313 (2025), a CAGR of -11.0% 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 $507,310. 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 22% of market value ($5,548,673 land vs $19,240,640 improvements), about $55/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,789,313, 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 -11.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,847,216 by 2030, with an estimated annual tax burden around $260,846. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 128,200 SF | ✓ |
| 2ND | 2nd Floor | 27,028 SF | ✓ |
| 3RD | 3rd Floor | 27,028 SF | ✓ |
| 4TH | 4th Floor | 27,028 SF | ✓ |
| 1ST | 1st Floor | 23,123 SF | ✓ |
| 611 | TERRACE | 3,905 SF | ✗ |
| 504 | SKYWAY | 440 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% | $220,197.60 | $220,197.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $124,716.05 | $124,716.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $89,451.11 | $89,451.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,089.47 | $28,089.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $24,609.20 | $24,609.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $487,063.43 | $487,063.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,952,109 | $24,789,313 | -11.4% |
| Assessed Value | $21,952,109 | $24,789,313 | -11.4% |
| Land Value | $5,548,673 | $5,548,673 | +0.0% |
| Improvement Value | $16,403,436 | $19,240,640 | -14.7% |
| Taxable Value | $21,952,109 | $24,789,313 | -11.4% |
| Total Tax 2026 = estimate |
~$449,247
Estimated
|
~$487,063
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $28,894,995 | $21,952,109 | -6,942,886 (-24.0%) |
| Taxable Value | $28,894,995 | $21,952,109 | -6,942,886 (-24.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,952,109 | $5,548,673 | $16,403,436 | — | $21,952,109 | $21,952,109 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,789,313 | $5,548,673 | $19,240,640 | — | $24,789,313 | $24,789,313 | ~$487,063 | Partial |
| 2024 | $35,397,502 | — | — | −$29,848,829 | $5,548,673 | $— | $557,012 | Verified |
| 2023 | $40,600,000 | — | — | −$35,051,327 | $5,548,673 | $— | $640,428 | Verified |
| 2022 | $38,600,000 | — | — | −$35,069,026 | $3,530,974 | $— | $804,230 | Verified |
| 2021 | $39,499,000 | — | — | −$37,481,301 | $2,017,699 | $— | $840,776 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.6% | +16.6% | ~100% | Not available | Partial |
| 2025 | -11.8% | -11.8% | ~100% | Not available | Partial |
| 2024 | -20.6% | -20.6% | ~100% | 1.9800% | Verified |
| 2023 | -17.8% | -17.8% | ~100% | 1.8100% | Verified |
| 2022 | +9.9% | +9.9% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -36.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.4% | -10.3% | -8.7% | +5.2% | 2023 | -30.0% | 2025 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2025 | 5.1% | 2021 |
| Effective Tax Rate (2025) | 1.9600% | 1.9600% | — | 1.9600% | 2025 | 1.9600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$487,063 | $665,902 | ~$346,617 | $840,776 | 2021 | $487,063 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,063,992 | ~$22,063,992 | ~2.0139% | ~$444,355 | -11.0% |
| 2027 | ~$19,638,291 | ~$19,638,291 | ~1.9814% | ~$389,111 | -20.8% |
| 2028 | ~$17,479,270 | ~$17,479,270 | ~1.9488% | ~$340,643 | -29.5% |
| 2029 | ~$15,557,610 | ~$15,557,610 | ~1.9163% | ~$298,129 | -37.2% |
| 2030 | ~$13,847,216 | ~$13,847,216 | ~1.8837% | ~$260,846 | -44.1% |
| 2026 | ~$23,549,847 | ~$23,549,847 | ~2.0465% | ~$481,944 | -5.0% |
| 2027 | ~$22,372,355 | ~$22,372,355 | ~2.0465% | ~$457,847 | -9.7% |
| 2028 | ~$21,253,737 | ~$21,253,737 | ~2.0465% | ~$434,955 | -14.3% |
| 2029 | ~$20,191,050 | ~$20,191,050 | ~2.0465% | ~$413,207 | -18.5% |
| 2030 | ~$19,181,498 | ~$19,181,498 | ~2.0465% | ~$392,546 | -22.6% |
| 2026 | ~$22,559,778 | ~$22,559,778 | ~1.9977% | ~$450,668 | -9.0% |
| 2027 | ~$20,530,766 | ~$20,530,766 | ~1.9488% | ~$400,112 | -17.2% |
| 2028 | ~$18,684,242 | ~$18,684,242 | ~1.9000% | ~$355,004 | -24.6% |
| 2029 | ~$17,003,794 | ~$17,003,794 | ~1.8512% | ~$314,773 | -31.4% |
| 2030 | ~$15,474,483 | ~$15,474,483 | ~1.8024% | ~$278,908 | -37.6% |
In 2025, this property's market value of $24,789,313 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $24,789,313 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $35,397,502 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $40,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $38,600,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $39,499,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.