8716 N MO-PAC EXPRESSWAY TX
| Owner | TEXAS STATE TEACHERS ASSOCIATION |
|---|---|
| Parcel ID | 0246020515 |
| Short ID | 252733 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 30,295 SF |
| Land SF | 61,799 SF |
| Acres | 1.419 |
| Year Built | 1984 |
| Legal | 1.4187 AC LOT 1 BALCONES DRIVE ADDN |
| Neighborhood | 52NWE |
| Land | $3,398,921 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,398,921 |
| Improvement | $834,541 |
|---|---|
| Total Improvement | $834,541 |
| Market | $4,233,462 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,233,462 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,233,462 |
| Taxable Value | $4,233,462 |
|---|
Appreciation: Market value has fallen -29.9% from $6,043,007 (2021) to $4,233,462 (2025), a CAGR of -8.5% 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 $86,637. 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 80% of market value ($3,398,921 land vs $834,541 improvements), about $55/SF of land. With value concentrated in the land under a ~42-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 $4,233,462, 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 -8.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,713,307 by 2030, with an estimated annual tax burden around $51,112. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 22,850 SF | ✗ |
| 3RD | 3rd Floor | 11,015 SF | ✓ |
| 2ND | 2nd Floor | 9,900 SF | ✓ |
| 1ST | 1st Floor | 9,380 SF | ✓ |
| 482 | LIGHT POLES | 5 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% | $39,167.99 | $39,167.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,184.06 | $22,184.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,911.26 | $15,911.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,996.46 | $4,996.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,377.40 | $4,377.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $86,637.17 | $86,637.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,117,949 | $4,233,462 | -2.7% |
| Assessed Value | $4,117,949 | $4,233,462 | -2.7% |
| Land Value | $3,398,921 | $3,398,921 | +0.0% |
| Improvement Value | $719,028 | $834,541 | -13.8% |
| Taxable Value | $4,117,949 | $4,233,462 | -2.7% |
| Total Tax 2026 = estimate |
~$84,273
Estimated
|
~$86,637
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,117,949 | $4,117,949 | +0 (+0.0%) |
| Taxable Value | $4,117,949 | $4,117,949 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,117,949 | $3,398,921 | $719,028 | — | $4,117,949 | $4,117,949 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,233,462 | $3,398,921 | $834,541 | — | $4,233,462 | $4,233,462 | ~$86,637 | Partial |
| 2024 | $6,081,615 | — | — | −$2,682,694 | $3,398,921 | $— | $109,744 | Verified |
| 2023 | $6,132,232 | — | — | −$3,042,303 | $3,089,929 | $— | $110,031 | Verified |
| 2022 | $6,108,547 | — | — | −$3,018,618 | $3,089,929 | $— | $121,107 | Verified |
| 2021 | $6,043,007 | — | — | −$2,953,078 | $3,089,929 | $— | $132,963 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2025 | -23.5% | -23.5% | ~100% | Not available | Partial |
| 2024 | -8.9% | -8.9% | ~100% | 1.9800% | Verified |
| 2023 | -0.8% | -0.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.4% | +0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | -6.5% | -8.0% | +1.1% | 2022 | -30.4% | 2025 |
| Assessment Ratio | 100.0% | 68.0% | — | 100.0% | 2025 | 50.4% | 2023 |
| 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 |
$86,637 | $112,096 | ~$63,866 | $132,963 | 2021 | $86,637 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,873,079 | ~$3,873,079 | ~2.0139% | ~$78,001 | -8.5% |
| 2027 | ~$3,543,374 | ~$3,543,374 | ~1.9814% | ~$70,208 | -16.3% |
| 2028 | ~$3,241,736 | ~$3,241,736 | ~1.9488% | ~$63,176 | -23.4% |
| 2029 | ~$2,965,775 | ~$2,965,775 | ~1.9163% | ~$56,833 | -29.9% |
| 2030 | ~$2,713,307 | ~$2,713,307 | ~1.8837% | ~$51,112 | -35.9% |
| 2026 | ~$4,021,789 | ~$4,021,789 | ~2.0465% | ~$82,305 | -5.0% |
| 2027 | ~$3,820,699 | ~$3,820,699 | ~2.0465% | ~$78,190 | -9.8% |
| 2028 | ~$3,629,664 | ~$3,629,664 | ~2.0465% | ~$74,281 | -14.3% |
| 2029 | ~$3,448,181 | ~$3,448,181 | ~2.0465% | ~$70,567 | -18.5% |
| 2030 | ~$3,275,772 | ~$3,275,772 | ~2.0465% | ~$67,038 | -22.6% |
| 2026 | ~$3,957,748 | ~$3,957,748 | ~1.9977% | ~$79,062 | -6.5% |
| 2027 | ~$3,699,990 | ~$3,699,990 | ~1.9488% | ~$72,107 | -12.6% |
| 2028 | ~$3,459,020 | ~$3,459,020 | ~1.9000% | ~$65,722 | -18.3% |
| 2029 | ~$3,233,743 | ~$3,233,743 | ~1.8512% | ~$59,863 | -23.6% |
| 2030 | ~$3,023,138 | ~$3,023,138 | ~1.8024% | ~$54,488 | -28.6% |
In 2025, this property's market value of $4,233,462 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +199% 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 | $4,233,462 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,081,615 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,132,232 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,108,547 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,043,007 | $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.