8701 SHOAL CREEK BLVD D302 TX 78757
| Owner | NORTH SHOAL CREEK HOLDING LLC |
|---|---|
| Parcel ID | 0245040912 |
| Short ID | 702228 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,067 SF |
| Land SF | 5,094 SF |
| Acres | 0.117 |
| Year Built | 1979 |
| Legal | UNT D302 SHOAL CREEK IV OFFICE CONDOMINIUM THE PLUS 6.9966 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $152,820 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $152,820 |
| Improvement | $199,484 |
|---|---|
| Total Improvement | $199,484 |
| Market | $352,304 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $352,304 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $352,304 |
| Taxable Value | $352,304 |
|---|
| Total Due | $8,291.33 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +44.4% from $244,000 (2021) to $352,304 (2025), a CAGR of 9.6% 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 $7,210. 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 43% of market value ($152,820 land vs $199,484 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $352,304, this parcel sits in the bottom quartile (<25th 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 +9.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $557,606 by 2030, with an estimated annual tax burden around $10,504. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $8,291.33 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,067 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +164 |
| Travis County | 0.3444% | 0.3758% | +111 |
| Austin ISD | 0.9505% | 0.9252% | -89 |
| Travis Central Health | 0.1080% | 0.1180% | +35 |
| Austin Community College | 0.1013% | 0.1034% | +7 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $3,259.52 | $— | $3,259.52 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,846.13 | $— | $1,846.13 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,324.12 | $— | $1,324.12 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $415.80 | $— | $415.80 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $364.28 | $— | $364.28 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,209.85 | $0.00 | $7,209.85 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $344,722 | $352,304 | -2.2% |
| Assessed Value | $344,722 | $352,304 | -2.2% |
| Land Value | $152,820 | $152,820 | +0.0% |
| Improvement Value | $191,902 | $199,484 | -3.8% |
| Taxable Value | $344,722 | $352,304 | -2.2% |
| Total Tax 2026 = estimate |
~$7,055
Estimated
|
$7,210 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $344,722 | $344,722 | +0 (+0.0%) |
| Taxable Value | $344,722 | $344,722 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $344,722 | $152,820 | $191,902 | — | $344,722 | $344,722 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $352,304 | $152,820 | $199,484 | — | $352,304 | $352,304 | $7,210 | Verified |
| 2024 | $305,064 | — | — | −$152,244 | $152,820 | $— | $6,232 | Verified |
| 2023 | $283,000 | — | — | −$130,180 | $152,820 | $— | $5,519 | Verified |
| 2022 | $252,276 | — | — | −$99,456 | $152,820 | $— | $5,589 | Verified |
| 2021 | $244,000 | — | — | −$142,120 | $101,880 | $— | $5,491 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | +12.0% | +12.0% | ~100% | 2.0500% | Verified |
| 2024 | +3.1% | +3.1% | ~100% | 1.9800% | Verified |
| 2023 | +7.8% | +7.8% | ~100% | 1.8100% | Verified |
| 2022 | +12.2% | +12.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | +7.3% | +10.1% | +15.5% | 2025 | -2.2% | 2026 |
| Assessment Ratio | 100.0% | 67.8% | — | 100.0% | 2025 | 41.8% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $7,210 | $6,008 | ~$9,092 | $7,210 | 2025 | $5,491 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$386,189 | ~$386,189 | ~2.0139% | ~$7,778 | +9.6% |
| 2027 | ~$423,332 | ~$423,332 | ~1.9814% | ~$8,388 | +20.2% |
| 2028 | ~$464,049 | ~$464,049 | ~1.9488% | ~$9,044 | +31.7% |
| 2029 | ~$508,681 | ~$508,681 | ~1.9163% | ~$9,748 | +44.4% |
| 2030 | ~$557,606 | ~$557,606 | ~1.8837% | ~$10,504 | +58.3% |
| 2026 | ~$379,143 | ~$379,143 | ~2.0465% | ~$7,759 | +7.6% |
| 2027 | ~$408,026 | ~$408,026 | ~2.0465% | ~$8,350 | +15.8% |
| 2028 | ~$439,109 | ~$439,109 | ~2.0465% | ~$8,986 | +24.6% |
| 2029 | ~$472,561 | ~$472,561 | ~2.0465% | ~$9,671 | +34.1% |
| 2030 | ~$508,560 | ~$508,560 | ~2.0465% | ~$10,408 | +44.4% |
| 2026 | ~$393,235 | ~$387,534 | ~1.9977% | ~$7,742 | +11.6% |
| 2027 | ~$438,921 | ~$426,288 | ~1.9488% | ~$8,308 | +24.6% |
| 2028 | ~$489,915 | ~$468,917 | ~1.9000% | ~$8,910 | +39.1% |
| 2029 | ~$546,833 | ~$515,808 | ~1.8512% | ~$9,549 | +55.2% |
| 2030 | ~$610,364 | ~$567,389 | ~1.8024% | ~$10,226 | +73.2% |
In 2025, this property's market value of $352,304 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -75% 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 | $352,304 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $305,064 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $283,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $252,276 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $244,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.