2200 PARK BEND DR 102-2 TX 78758
| Owner | PREESE HALL PROPERTIES L P |
|---|---|
| Parcel ID | 0258130303 |
| Short ID | 702798 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,690 SF |
| Land SF | 8,372 SF |
| Acres | 0.192 |
| Year Built | 2004 |
| Legal | UNT 102 BLD 2 POST OAK CENTRE NORTH OFFICE CONDOMINIUMS AMENDED PLUS 3.571 % INT IN COM AREA |
| Neighborhood | 26NOR01 |
| Land | $83,720 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $83,720 |
| Improvement | $740,917 |
|---|---|
| Total Improvement | $740,917 |
| Market | $824,637 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $824,637 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $824,637 |
| Taxable Value | $824,637 |
|---|
Appreciation: Market value has fallen -2.2% from $843,000 (2021) to $824,637 (2025), a CAGR of -0.5% 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 $16,876. 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 10% of market value ($83,720 land vs $740,917 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $824,637, this parcel sits in the lower-middle (25th–50th 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 -0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $802,245 by 2030, with an estimated annual tax burden around $15,112. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,690 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% | $7,629.54 | $7,629.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,321.24 | $4,321.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,099.36 | $3,099.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $973.26 | $973.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $852.67 | $852.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,876.07 | $16,876.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $797,000 | $824,637 | -3.4% |
| Assessed Value | $797,000 | $824,637 | -3.4% |
| Land Value | $83,720 | $83,720 | +0.0% |
| Improvement Value | $713,280 | $740,917 | -3.7% |
| Taxable Value | $797,000 | $824,637 | -3.4% |
| Total Tax 2026 = estimate |
~$16,310
Estimated
|
~$16,876
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $824,742 | $797,000 | -27,742 (-3.4%) |
| Taxable Value | $824,742 | $797,000 | -27,742 (-3.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $797,000 | $83,720 | $713,280 | — | $797,000 | $797,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $824,637 | $83,720 | $740,917 | — | $824,637 | $824,637 | ~$16,876 | Partial |
| 2024 | $1,050,000 | — | — | −$966,280 | $83,720 | $— | $18,972 | Verified |
| 2023 | $982,711 | — | — | −$898,991 | $83,720 | $— | $19,178 | Verified |
| 2022 | $872,536 | — | — | −$788,816 | $83,720 | $— | $19,408 | Verified |
| 2021 | $843,000 | — | — | −$759,280 | $83,720 | $— | $18,992 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -13.9% | -13.9% | ~100% | Not available | Partial |
| 2024 | -22.4% | -22.4% | ~100% | 1.9800% | Verified |
| 2023 | +25.5% | +25.5% | ~100% | 1.5600% | Verified |
| 2022 | -5.1% | -5.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.4% | -0.4% | +0.1% | +12.6% | 2023 | -21.5% | 2025 |
| Assessment Ratio | 100.0% | 39.3% | — | 100.0% | 2025 | 8.0% | 2024 |
| 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 |
$16,876 | $18,685 | ~$15,811 | $19,408 | 2022 | $16,876 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$820,109 | ~$820,109 | ~2.0139% | ~$16,516 | -0.5% |
| 2027 | ~$815,606 | ~$815,606 | ~1.9814% | ~$16,160 | -1.1% |
| 2028 | ~$811,128 | ~$811,128 | ~1.9488% | ~$15,808 | -1.6% |
| 2029 | ~$806,674 | ~$806,674 | ~1.9163% | ~$15,458 | -2.2% |
| 2030 | ~$802,245 | ~$802,245 | ~1.8837% | ~$15,112 | -2.7% |
| 2026 | ~$803,616 | ~$803,616 | ~2.0465% | ~$16,446 | -2.5% |
| 2027 | ~$783,132 | ~$783,132 | ~2.0465% | ~$16,027 | -5.0% |
| 2028 | ~$763,169 | ~$763,169 | ~2.0465% | ~$15,618 | -7.5% |
| 2029 | ~$743,715 | ~$743,715 | ~2.0465% | ~$15,220 | -9.8% |
| 2030 | ~$724,757 | ~$724,757 | ~2.0465% | ~$14,832 | -12.1% |
| 2026 | ~$836,602 | ~$836,602 | ~1.9977% | ~$16,712 | +1.5% |
| 2027 | ~$848,740 | ~$848,740 | ~1.9488% | ~$16,541 | +2.9% |
| 2028 | ~$861,055 | ~$861,055 | ~1.9000% | ~$16,360 | +4.4% |
| 2029 | ~$873,548 | ~$873,548 | ~1.8512% | ~$16,171 | +5.9% |
| 2030 | ~$886,223 | ~$886,223 | ~1.8024% | ~$15,973 | +7.5% |
In 2025, this property's market value of $824,637 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -42% below 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 | $824,637 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,050,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $982,711 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $872,536 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $843,000 | $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.