12516 WALNUT PARK XING TX 78753
| Owner | 12516 WALNUT CROSSING LLC |
|---|---|
| Parcel ID | 0254200210 |
| Short ID | 864983 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,840 SF |
| Land SF | 24,132 SF |
| Acres | 0.554 |
| Year Built | 2019 |
| Legal | LOT 2 PARK 35 II SUBD AMD LTS 1-3 |
| Neighborhood | 53NOR |
| Land | $144,793 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $144,793 |
| Improvement | $2,065,045 |
|---|---|
| Total Improvement | $2,065,045 |
| Market | $2,209,838 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,209,838 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,209,838 |
| Taxable Value | $2,209,838 |
|---|
Appreciation: Market value has risen +140.1% from $920,238 (2021) to $2,209,838 (2025), a CAGR of 24.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $49,239. Pflugerville ISD is the largest single contributor, at 49.7% 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 7% of market value ($144,793 land vs $2,065,045 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,209,838, this parcel sits in the upper-middle (50th–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 +24.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,605,958 by 2030, with an estimated annual tax burden around $67,076. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,300 SF | ✗ |
| 1ST | 1st Floor | 3,420 SF | ✓ |
| 2ND | 2nd Floor | 3,420 SF | ✓ |
| 611 | TERRACE | 312 SF | ✗ |
| 501 | CANOPY | 312 SF | ✗ |
| 413 | STAIRWAY EXT | 4 SF | ✓ |
Market value changed by 96% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $24,460.70 | $24,460.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,579.93 | $11,579.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,305.57 | $8,305.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,608.12 | $2,608.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,284.97 | $2,284.97 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $49,239.29 | $49,239.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,439,375 | $2,209,838 | +10.4% |
| Assessed Value | $2,439,375 | $2,209,838 | +10.4% |
| Land Value | $144,793 | $144,793 | +0.0% |
| Improvement Value | $2,294,582 | $2,065,045 | +11.1% |
| Taxable Value | $2,439,375 | $2,209,838 | +10.4% |
| Total Tax 2026 = estimate |
~$54,354
Estimated
|
~$49,239
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,680,632 | $2,439,375 | -241,257 (-9.0%) |
| Taxable Value | $2,651,806 | $2,439,375 | -212,431 (-8.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,439,375 | $144,793 | $2,294,582 | — | $2,439,375 | $2,439,375 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,209,838 | $144,793 | $2,065,045 | — | $2,209,838 | $2,209,838 | ~$49,239 | Partial |
| 2024 | $2,439,501 | — | — | −$2,294,708 | $144,793 | $— | $52,162 | Verified |
| 2023 | $1,242,932 | — | — | −$1,098,139 | $144,793 | $— | $50,228 | Verified |
| 2022 | $991,316 | — | — | −$846,523 | $144,793 | $— | $27,878 | Verified |
| 2021 | $920,238 | — | — | −$775,445 | $144,793 | $— | $24,812 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.3% | +20.0% | 98.9% | Not available | Partial |
| 2025 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.1400% | Verified |
| 2023 | +96.3% ! | +96.3% | ~100% | 2.0600% | Verified |
| 2022 | +25.4% | +25.4% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.7000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +122.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.4% | +26.1% | +22.1% | +96.3% | 2024 | -9.4% | 2025 |
| Assessment Ratio | 100.0% | 41.3% | — | 100.0% | 2025 | 5.9% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$49,239 | $40,864 | ~$59,630 | $52,162 | 2024 | $24,812 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,750,904 | ~$2,430,822 | ~2.1595% | ~$52,493 | +24.5% |
| 2027 | ~$3,424,448 | ~$2,673,904 | ~2.0908% | ~$55,906 | +55.0% |
| 2028 | ~$4,262,905 | ~$2,941,294 | ~2.0221% | ~$59,476 | +92.9% |
| 2029 | ~$5,306,653 | ~$3,235,424 | ~1.9534% | ~$63,200 | +140.1% |
| 2030 | ~$6,605,958 | ~$3,558,966 | ~1.8847% | ~$67,076 | +198.9% |
| 2026 | ~$2,706,708 | ~$2,430,822 | ~2.2282% | ~$54,163 | +22.5% |
| 2027 | ~$3,315,296 | ~$2,673,904 | ~2.2282% | ~$59,580 | +50.0% |
| 2028 | ~$4,060,721 | ~$2,941,294 | ~2.2282% | ~$65,537 | +83.8% |
| 2029 | ~$4,973,752 | ~$3,235,424 | ~2.2282% | ~$72,091 | +125.1% |
| 2030 | ~$6,092,072 | ~$3,558,966 | ~2.2282% | ~$79,300 | +175.7% |
| 2026 | ~$2,795,101 | ~$2,430,822 | ~2.1251% | ~$51,658 | +26.5% |
| 2027 | ~$3,535,368 | ~$2,673,904 | ~2.0221% | ~$54,069 | +60.0% |
| 2028 | ~$4,471,691 | ~$2,941,294 | ~1.9190% | ~$56,445 | +102.4% |
| 2029 | ~$5,655,993 | ~$3,235,424 | ~1.8160% | ~$58,755 | +155.9% |
| 2030 | ~$7,153,951 | ~$3,558,966 | ~1.7129% | ~$60,963 | +223.7% |
In 2025, this property's market value of $2,209,838 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +56% 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 | $2,209,838 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,439,501 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,242,932 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $991,316 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $920,238 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.