11800 N MO-PAC EXPRESSWAY TX 78759
| Owner | NATIONAL INSTRUMENTS CORPORATION |
|---|---|
| Parcel ID | 0258060101 |
| Short ID | 548316 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 421,054 SF |
| Land SF | 2,842,290 SF |
| Acres | 65.250 |
| Year Built | 1995 |
| Legal | ABS 659 SUR 19 ROGERS J ACR 65.25 |
| Neighborhood | 50NWE |
| Land | $142,114,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $142,114,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $137,613,331 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $137,613,331 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $137,613,331 |
| Taxable Value | $137,613,331 |
|---|
Appreciation: Market value has fallen -25.8% from $185,525,464 (2021) to $137,613,331 (2025), a CAGR of -7.2% 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 $2,816,236. 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 103% of market value ($142,114,500 land vs $0 improvements), about $50/SF of land. With value concentrated in the land under a ~31-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 $137,613,331, 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 -7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $94,728,734 by 2030, with an estimated annual tax burden around $1,784,445. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 680,402 SF | ✓ |
| SO | Sketch Only | 612,486 SF | ✗ |
| 491 | SPRINKLER HEADS | 372,116 SF | ✗ |
| 551 | PAVED AREA | 265,737 SF | ✗ |
| 1ST | 1st Floor | 166,664 SF | ✓ |
| 2ND | 2nd Floor | 160,642 SF | ✓ |
| ADDL | Additional Floor | 142,635 SF | ✓ |
| 3RD | 3rd Floor | 93,748 SF | ✓ |
| 4TH | 4th Floor | 93,748 SF | ✓ |
| 5TH | 5th Floor | 93,128 SF | ✓ |
| 541 | FENCE COMM LF | 57,000 SF | ✗ |
| 501 | CANOPY | 8,323 SF | ✗ |
| 611 | TERRACE | 6,721 SF | ✗ |
| 327 | STORAGE COMM'L | 2,916 SF | ✓ |
| 482 | LIGHT POLES | 40 SF | ✓ |
| 276 | ELEVATOR COM PAS | 3 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 2 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% | $1,273,198.54 | $1,273,198.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $721,117.25 | $721,117.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $517,212.82 | $517,212.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $162,415.38 | $162,415.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $142,292.18 | $142,292.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,816,236.17 | $2,816,236.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $136,231,643 | $137,613,331 | -1.0% |
| Assessed Value | $136,231,643 | $137,613,331 | -1.0% |
| Land Value | $106,585,875 | $142,114,500 | -25.0% |
| Improvement Value | $29,645,768 | — | — |
| Taxable Value | $136,231,643 | $137,613,331 | -1.0% |
| Total Tax 2026 = estimate |
~$2,787,960
Estimated
|
~$2,816,236
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $136,231,643 | $136,231,643 | +0 (+0.0%) |
| Taxable Value | $136,231,643 | $136,231,643 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $136,231,643 | $106,585,875 | $29,645,768 | — | $136,231,643 | $136,231,643 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $137,613,331 | $142,114,500 | — | — | $137,613,331 | $137,613,331 | ~$2,816,236 | Partial |
| 2024 | $180,110,596 | — | — | −$37,996,096 | $142,114,500 | $— | $2,966,546 | Verified |
| 2023 | $200,700,000 | — | — | −$143,854,200 | $56,845,800 | $— | $3,258,646 | Verified |
| 2022 | $196,500,000 | — | — | −$139,654,200 | $56,845,800 | $— | $3,963,670 | Verified |
| 2021 | $185,525,464 | — | — | −$128,679,664 | $56,845,800 | $— | $4,277,174 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2025 | -12.3% | -12.3% | ~100% | Not available | Partial |
| 2024 | -12.9% | -12.9% | ~100% | 1.8900% | Verified |
| 2023 | -10.3% | -10.3% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.0% | -5.4% | -7.0% | +5.9% | 2022 | -23.6% | 2025 |
| Assessment Ratio | 100.0% | 61.1% | — | 100.0% | 2025 | 28.3% | 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 |
$2,816,236 | $3,456,454 | ~$2,160,869 | $4,277,174 | 2021 | $2,816,236 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$127,709,955 | ~$127,709,955 | ~2.0139% | ~$2,571,997 | -7.2% |
| 2027 | ~$118,519,278 | ~$118,519,278 | ~1.9814% | ~$2,348,327 | -13.9% |
| 2028 | ~$109,990,010 | ~$109,990,010 | ~1.9488% | ~$2,143,529 | -20.1% |
| 2029 | ~$102,074,553 | ~$102,074,553 | ~1.9163% | ~$1,956,045 | -25.8% |
| 2030 | ~$94,728,734 | ~$94,728,734 | ~1.8837% | ~$1,784,445 | -31.2% |
| 2026 | ~$130,732,664 | ~$130,732,664 | ~2.0465% | ~$2,675,424 | -5.0% |
| 2027 | ~$124,196,031 | ~$124,196,031 | ~2.0465% | ~$2,541,653 | -9.8% |
| 2028 | ~$117,986,230 | ~$117,986,230 | ~2.0465% | ~$2,414,570 | -14.3% |
| 2029 | ~$112,086,918 | ~$112,086,918 | ~2.0465% | ~$2,293,842 | -18.5% |
| 2030 | ~$106,482,572 | ~$106,482,572 | ~2.0465% | ~$2,179,150 | -22.6% |
| 2026 | ~$130,462,222 | ~$130,462,222 | ~1.9977% | ~$2,606,195 | -5.2% |
| 2027 | ~$123,682,722 | ~$123,682,722 | ~1.9488% | ~$2,410,378 | -10.1% |
| 2028 | ~$117,255,520 | ~$117,255,520 | ~1.9000% | ~$2,227,875 | -14.8% |
| 2029 | ~$111,162,309 | ~$111,162,309 | ~1.8512% | ~$2,057,830 | -19.2% |
| 2030 | ~$105,385,734 | ~$105,385,734 | ~1.8024% | ~$1,899,442 | -23.4% |
In 2025, this property's market value of $137,613,331 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 97× 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 | $137,613,331 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $180,110,596 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $200,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $196,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $185,525,464 | $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.