8701 SHOAL CREEK BLVD D304 TX 78757
| Owner | NORTH SHOAL CREEK HOLDING LLC |
|---|---|
| Parcel ID | 0245040914 |
| Short ID | 702230 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,067 SF |
| Land SF | 4,549 SF |
| Acres | 0.104 |
| Year Built | 1979 |
| Legal | UNT D304 SHOAL CREEK IV OFFICE CONDOMINIUM THE PLUS 6.2489 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $136,470 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $136,470 |
| Improvement | $199,484 |
|---|---|
| Total Improvement | $199,484 |
| Market | $335,954 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $335,954 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $335,954 |
| Taxable Value | $335,954 |
|---|
| Total Due | $7,906.56 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +40.6% from $239,000 (2021) to $335,954 (2025), a CAGR of 8.9% 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 $6,875. 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 41% of market value ($136,470 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 $335,954, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $514,200 by 2030, with an estimated annual tax burden around $9,686. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $7,906.56 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% | +156 |
| Travis County | 0.3444% | 0.3758% | +105 |
| Austin ISD | 0.9505% | 0.9252% | -85 |
| Travis Central Health | 0.1080% | 0.1180% | +34 |
| 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% | $3,108.25 | $— | $3,108.25 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,760.46 | $— | $1,760.46 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,262.67 | $— | $1,262.67 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $396.50 | $— | $396.50 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $347.38 | $— | $347.38 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,875.26 | $0.00 | $6,875.26 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $328,372 | $335,954 | -2.3% |
| Assessed Value | $328,372 | $335,954 | -2.3% |
| Land Value | $136,470 | $136,470 | +0.0% |
| Improvement Value | $191,902 | $199,484 | -3.8% |
| Taxable Value | $328,372 | $335,954 | -2.3% |
| Total Tax 2026 = estimate |
~$6,720
Estimated
|
$6,875 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $328,372 | $328,372 | +0 (+0.0%) |
| Taxable Value | $328,372 | $328,372 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $328,372 | $136,470 | $191,902 | — | $328,372 | $328,372 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $335,954 | $136,470 | $199,484 | — | $335,954 | $335,954 | $6,875 | Verified |
| 2024 | $288,714 | — | — | −$152,244 | $136,470 | $— | $5,908 | Verified |
| 2023 | $283,000 | — | — | −$146,530 | $136,470 | $— | $5,224 | Verified |
| 2022 | $242,091 | — | — | −$105,621 | $136,470 | $— | $5,589 | Verified |
| 2021 | $239,000 | — | — | −$148,020 | $90,980 | $— | $5,270 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2025 | +12.7% | +12.7% | ~100% | 2.0500% | Verified |
| 2024 | +3.2% | +3.2% | ~100% | 1.9800% | Verified |
| 2023 | +2.0% | +2.0% | ~100% | 1.8100% | Verified |
| 2022 | +16.9% | +16.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | +6.9% | +9.4% | +16.9% | 2023 | -2.3% | 2026 |
| Assessment Ratio | 100.0% | 65.0% | — | 100.0% | 2025 | 38.1% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $6,875 | $5,773 | ~$8,489 | $6,875 | 2025 | $5,224 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$365,806 | ~$365,806 | ~2.0139% | ~$7,367 | +8.9% |
| 2027 | ~$398,310 | ~$398,310 | ~1.9814% | ~$7,892 | +18.6% |
| 2028 | ~$433,702 | ~$433,702 | ~1.9488% | ~$8,452 | +29.1% |
| 2029 | ~$472,239 | ~$472,239 | ~1.9163% | ~$9,049 | +40.6% |
| 2030 | ~$514,200 | ~$514,200 | ~1.8837% | ~$9,686 | +53.1% |
| 2026 | ~$359,086 | ~$359,086 | ~2.0465% | ~$7,349 | +6.9% |
| 2027 | ~$383,812 | ~$383,812 | ~2.0465% | ~$7,855 | +14.2% |
| 2028 | ~$410,240 | ~$410,240 | ~2.0465% | ~$8,396 | +22.1% |
| 2029 | ~$438,487 | ~$438,487 | ~2.0465% | ~$8,974 | +30.5% |
| 2030 | ~$468,680 | ~$468,680 | ~2.0465% | ~$9,591 | +39.5% |
| 2026 | ~$372,525 | ~$369,549 | ~1.9977% | ~$7,382 | +10.9% |
| 2027 | ~$413,076 | ~$406,504 | ~1.9488% | ~$7,922 | +23.0% |
| 2028 | ~$458,042 | ~$447,155 | ~1.9000% | ~$8,496 | +36.3% |
| 2029 | ~$507,903 | ~$491,870 | ~1.8512% | ~$9,105 | +51.2% |
| 2030 | ~$563,191 | ~$541,057 | ~1.8024% | ~$9,752 | +67.6% |
In 2025, this property's market value of $335,954 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -76% 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 | $335,954 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $288,714 | $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 | $242,091 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $239,000 | $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.