8800 BUSINESS PARK DR TX 78759
| Owner | SINGULAR MANAGEMENT LLC |
|---|---|
| Parcel ID | 0248030101 |
| Short ID | 254972 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,845 SF |
| Land SF | 147,841 SF |
| Acres | 3.394 |
| Year Built | 1982 |
| Legal | 4.637% INTEREST IN AUSTIN PARK CENTER AMENDED (1845SF OF BLDG D-5) |
| Neighborhood | 23NW02 |
| Land | $5,913,636 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,913,636 |
| Improvement | $9,067,375 |
|---|---|
| Total Improvement | $9,067,375 |
| Market | $14,981,011 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,981,011 |
| Value Limitation Adjustment (−) (homestead cap) | −$41,411 |
| Net Appraised (assessed) | $14,939,600 |
| Exemptions (−) | −$712,246 |
|---|---|
| Taxable Value | $14,227,354 |
Appreciation: Market value has risen +66.0% from $9,022,439 (2021) to $14,981,011 (2025), a CAGR of 13.5% 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 $291,161. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($14,939,600) is $41,411 below market value, suggesting potential for an upward assessment in future years.
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 39% of market value ($5,913,636 land vs $9,067,375 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $14,981,011, 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 +13.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,236,612 by 2030, with an estimated annual tax burden around $453,236. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,845 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 254972 | LATIBULE INVESTMENTS LLC | 8830 BUSINESS PARK DR 78759 | $1,685,058 | $1,685,058 | $1,685,058 |
| 254973 | PHELAN NANCY | 8800 BUSINESS PARK DR 78759 | $320,175 | $320,175 | $320,175 |
| 254974 | 8860 BUSINESS PARK LLC | 8800 BUSINESS PARK DR 78759 | $1,139,734 | $1,139,734 | $1,139,734 |
| 254975 | PENICK LEE ANN TRUST | 8800 BUSINESS PARK DR 78759 | $485,868 | $485,868 | $485,868 |
| 254976 | LOWBOY LLC | 8810 BUSINESS PARK DR UNIT 100 78759 | $409,242 | $409,242 | $409,242 |
| 254977 | TEXAS PRESS ASSOCIATION | 8800 BUSINESS PARK DR 78759 | $1,375,000 | $1,375,000 | $1,375,000 |
| 254978 | WILDEAUX HOLDINGS LLC | 8800 BUSINESS PARK DR 78759 | $1,037,365 | $1,037,365 | $1,037,365 |
| 254979 | CZHL 8900 BUSINESS PARK LLC | 8900 BUSINESS PARK DR 78759 | $1,849,189 | $1,849,189 | $1,849,189 |
| 254980 | STUDIO 300 LLC | 8800 BUSINESS PARK DR 78759 | $405,844 | $405,844 | $405,844 |
| 254981 | WESTBROOK METALS INC | 8800 BUSINESS PARK DR 78759 | $696,486 | $696,486 | $696,486 |
| 254982 | HOLMES S P | 8800 BUSINESS PARK DR 78759 | $439,590 | $439,590 | $439,590 |
| 254983 | KEEP TEXAS BEAUTIFUL INC | 8800 BUSINESS PARK DR 78759 | $691,782 | $691,782 | $0 |
| 254984 | 8870 BUSINESS PARK LLC | 8800 BUSINESS PARK DR 78759 | $2,245,829 | $2,245,829 | $2,245,829 |
| 254985 | M2 MOM LLC | 8800 BUSINESS PARK DR 78759 | $715,440 | $715,440 | $715,440 |
| 460870 | NOOBS LLC | 8800 BUSINESS PARK DR 78759 | $365,528 | $342,600 | $342,600 |
| 477591 | BS & ASSOCIATES LLC | 8800 BUSINESS PARK DR 78759 | $688,032 | $688,032 | $688,032 |
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% | $131,164.26 | $131,164.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $74,289.13 | $74,289.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $53,283.01 | $53,283.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,731.96 | $16,731.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,658.89 | $14,658.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $290,127.25 | $290,127.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,550,162 | $14,981,011 | -2.9% |
| Assessed Value | $14,527,234 | $14,939,600 | -2.8% |
| Land Value | $5,913,636 | $5,913,636 | +0.0% |
| Improvement Value | $8,636,526 | $9,067,375 | -4.8% |
| Taxable Value | $13,835,452 | $14,227,354 | -2.8% |
| Exemptions | — | E | |
| HS Cap Loss | -$22,928 | — | |
| Total Tax 2026 = estimate |
~$283,140
Estimated
|
~$290,127
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,396,831 | $14,550,162 | -846,669 (-5.5%) |
| Taxable Value | $14,682,121 | $13,835,452 | -846,669 (-5.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $14,550,162 | $5,913,636 | $8,636,526 | −$22,928 | $14,527,234 | $13,835,452 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $14,981,011 | $5,913,636 | $9,067,375 | −$41,411 | $14,939,600 | $14,227,354 | ~$290,127 | Partial |
| 2024 | $14,530,124 | — | — | −$8,906,431 | $5,623,693 | $— | $271,123 | Verified |
| 2023 | $12,001,544 | — | — | −$9,189,698 | $2,811,846 | $— | $250,381 | Verified |
| 2022 | $12,021,297 | — | — | −$9,064,480 | $2,956,817 | $— | $237,021 | Verified |
| 2021 | $9,022,439 | — | — | −$6,280,712 | $2,741,727 | $— | $244,667 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.8% | +3.8% | ~100% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2024 | -3.8% | -3.8% | ~100% | 1.8500% | Verified |
| 2023 | +26.3% | +26.3% | ~100% | 1.6800% | Verified |
| 2022 | -65.5% | -65.5% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -59.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.9% | +10.9% | +14.2% | +33.2% | 2022 | -2.9% | 2026 |
| Assessment Ratio | 99.8% | 52.8% | — | 99.8% | 2026 | 23.4% | 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 |
$290,127 | $258,664 | ~$389,808 | $290,127 | 2025 | $237,021 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$17,005,735 | ~$16,433,560 | ~2.0139% | ~$330,961 | +13.5% |
| 2027 | ~$19,304,107 | ~$18,076,916 | ~1.9814% | ~$358,174 | +28.9% |
| 2028 | ~$21,913,109 | ~$19,884,608 | ~1.9488% | ~$387,519 | +46.3% |
| 2029 | ~$24,874,725 | ~$21,873,068 | ~1.9163% | ~$419,152 | +66.0% |
| 2030 | ~$28,236,612 | ~$24,060,375 | ~1.8837% | ~$453,236 | +88.5% |
| 2026 | ~$16,706,115 | ~$16,433,560 | ~2.0465% | ~$336,310 | +11.5% |
| 2027 | ~$18,629,870 | ~$18,076,916 | ~2.0465% | ~$369,941 | +24.4% |
| 2028 | ~$20,775,150 | ~$19,884,608 | ~2.0465% | ~$406,936 | +38.7% |
| 2029 | ~$23,167,465 | ~$21,873,068 | ~2.0465% | ~$447,629 | +54.6% |
| 2030 | ~$25,835,261 | ~$24,060,375 | ~2.0465% | ~$492,392 | +72.5% |
| 2026 | ~$17,305,356 | ~$16,433,560 | ~1.9977% | ~$328,287 | +15.5% |
| 2027 | ~$19,990,328 | ~$18,076,916 | ~1.9488% | ~$352,290 | +33.4% |
| 2028 | ~$23,091,882 | ~$19,884,608 | ~1.9000% | ~$377,811 | +54.1% |
| 2029 | ~$26,674,650 | ~$21,873,068 | ~1.8512% | ~$404,913 | +78.1% |
| 2030 | ~$30,813,295 | ~$24,060,375 | ~1.8024% | ~$433,657 | +105.7% |
In 2025, this property's market value of $14,981,011 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $14,981,011 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $14,530,124 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,001,544 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,021,297 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,022,439 | $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.