10420 METRIC BLVD TX 78758
| Owner | BILLIPP/METRIC |
|---|---|
| Parcel ID | 0248100603 |
| Short ID | 255073 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 105,862 SF |
| Land SF | 435,639 SF |
| Acres | 10.001 |
| Year Built | 1978 |
| Legal | LOT 8 RUTLAND DRIVE BUSINESS PARK SEC 5 |
| Neighborhood | 64NOR |
| Land | $17,970,109 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,970,109 |
| Improvement | $397,891 |
|---|---|
| Total Improvement | $397,891 |
| Market | $18,368,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,368,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,368,000 |
| Taxable Value | $18,368,000 |
|---|
Appreciation: Market value has risen +43.5% from $12,800,000 (2021) to $18,368,000 (2025), a CAGR of 9.4% 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 $375,898. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 98% of market value ($17,970,109 land vs $397,891 improvements), about $41/SF of land. With value concentrated in the land under a ~48-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 $18,368,000, 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 +9.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,848,733 by 2030, with an estimated annual tax burden around $543,436. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 105,862 SF | ✓ |
| 491 | SPRINKLER HEADS | 101,076 SF | ✗ |
| 093 | HVAC COMMRCL SF | 98,583 SF | ✗ |
| 551 | PAVED AREA | 92,843 SF | ✗ |
| 881 | COMMCL FINISHOUT | 12,207 SF | ✓ |
| 501 | CANOPY | 3,190 SF | ✗ |
| 408 | LOADING RAMP | 1,740 SF | ✓ |
| 541 | FENCE COMM LF | 1,200 SF | ✗ |
| MEZZ | Mezzanine | 416 SF | ✓ |
| 611 | TERRACE | 120 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $163,143.11 | $163,143.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $92,401.38 | $92,401.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $66,273.80 | $66,273.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,811.33 | $20,811.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,232.81 | $18,232.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $360,862.43 | $360,862.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,969,584 | $18,368,000 | -29.4% |
| Assessed Value | $12,969,584 | $18,368,000 | -29.4% |
| Land Value | $17,970,109 | $17,970,109 | +0.0% |
| Improvement Value | — | $397,891 | — |
| Taxable Value | $12,969,584 | $18,368,000 | -29.4% |
| Total Tax 2026 = estimate |
~$265,421
Estimated
|
~$360,862
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,969,584 | $12,969,584 | +0 (+0.0%) |
| Taxable Value | $12,969,584 | $12,969,584 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,969,584 | $17,970,109 | — | — | $12,969,584 | $12,969,584 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,368,000 | $17,970,109 | $397,891 | — | $18,368,000 | $18,368,000 | ~$360,862 | Partial |
| 2024 | $16,959,411 | — | — | −$459,411 | $16,500,000 | $— | $311,015 | Verified |
| 2023 | $16,200,000 | — | — | — | $16,959,411 ! | $— | $284,438 | Verified |
| 2022 | $15,711,965 | — | — | −$5,910,087 | $9,801,878 | $— | $320,628 | Verified |
| 2021 | $12,800,000 | — | — | −$6,265,415 | $6,534,585 | $— | $254,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -29.4% | -29.4% | ~100% | Not available | Partial |
| 2025 | +11.3% | +11.3% | ~100% | Not available | Partial |
| 2024 | -2.7% | -2.7% | ~100% | 1.8800% | Verified |
| 2023 | +0.4% | +0.4% | ~100% | 1.6800% | Verified |
| 2022 | +7.6% | +7.6% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.4% | +1.9% | +18.6% | +22.7% | 2022 | -29.4% | 2026 |
| Assessment Ratio | 100.0% | 85.9% | — | 104.7% | 2023 | 51.1% | 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 |
$360,862 | $306,335 | ~$471,742 | $360,862 | 2025 | $254,732 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$20,103,647 | ~$20,103,647 | ~2.0139% | ~$404,875 | +9.4% |
| 2027 | ~$22,003,300 | ~$22,003,300 | ~1.9814% | ~$435,971 | +19.8% |
| 2028 | ~$24,082,457 | ~$24,082,457 | ~1.9488% | ~$469,328 | +31.1% |
| 2029 | ~$26,358,080 | ~$26,358,080 | ~1.9163% | ~$505,098 | +43.5% |
| 2030 | ~$28,848,733 | ~$28,848,733 | ~1.8837% | ~$543,436 | +57.1% |
| 2026 | ~$19,736,287 | ~$19,736,287 | ~2.0465% | ~$403,900 | +7.4% |
| 2027 | ~$21,206,501 | ~$21,206,501 | ~2.0465% | ~$433,988 | +15.5% |
| 2028 | ~$22,786,237 | ~$22,786,237 | ~2.0465% | ~$466,317 | +24.1% |
| 2029 | ~$24,483,651 | ~$24,483,651 | ~2.0465% | ~$501,054 | +33.3% |
| 2030 | ~$26,307,511 | ~$26,307,511 | ~2.0465% | ~$538,379 | +43.2% |
| 2026 | ~$20,471,007 | ~$20,204,800 | ~1.9977% | ~$403,624 | +11.4% |
| 2027 | ~$22,814,793 | ~$22,225,280 | ~1.9488% | ~$433,135 | +24.2% |
| 2028 | ~$25,426,926 | ~$24,447,808 | ~1.9000% | ~$464,512 | +38.4% |
| 2029 | ~$28,338,131 | ~$26,892,589 | ~1.8512% | ~$497,834 | +54.3% |
| 2030 | ~$31,582,647 | ~$29,581,848 | ~1.8024% | ~$533,175 | +71.9% |
In 2025, this property's market value of $18,368,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 13× 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 | $18,368,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,959,411 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $16,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $15,711,965 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $12,800,000 | $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.