12020 N MO-PAC EXPRESSWAY TX 78759
| Owner | TIME WARNER CABLE TEXAS LLC |
|---|---|
| Parcel ID | 0260080502 |
| Short ID | 504103 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 94,910 SF |
| Land SF | 347,173 SF |
| Acres | 7.970 |
| Year Built | 1994 |
| Legal | LOT 2 STONECREEK RETAIL SUBD |
| Neighborhood | 51NWE |
| Land | $17,358,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,358,650 |
| Improvement | $4,371,735 |
|---|---|
| Total Improvement | $4,371,735 |
| Market | $21,730,385 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,730,385 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,730,385 |
| Taxable Value | $21,730,385 |
|---|
Appreciation: Market value has fallen -6.2% from $23,172,195 (2021) to $21,730,385 (2025), a CAGR of -1.6% 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 $444,709. 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 80% of market value ($17,358,650 land vs $4,371,735 improvements), about $50/SF of land. With value concentrated in the land under a ~32-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 $21,730,385, 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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,053,618 by 2030, with an estimated annual tax burden around $377,759. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 94,910 SF | ✗ |
| 1ST | 1st Floor | 48,884 SF | ✓ |
| 2ND | 2nd Floor | 46,026 SF | ✓ |
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 501 | CANOPY | 646 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% | $201,049.52 | $201,049.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $113,870.91 | $113,870.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $81,672.57 | $81,672.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $25,646.85 | $25,646.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $22,469.22 | $22,469.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $444,709.07 | $444,709.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,554,175 | $21,730,385 | -5.4% |
| Assessed Value | $20,554,175 | $21,730,385 | -5.4% |
| Land Value | $17,358,650 | $17,358,650 | +0.0% |
| Improvement Value | $3,195,525 | $4,371,735 | -26.9% |
| Taxable Value | $20,554,175 | $21,730,385 | -5.4% |
| Total Tax 2026 = estimate |
~$420,638
Estimated
|
~$444,709
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,554,175 | $20,554,175 | +0 (+0.0%) |
| Taxable Value | $20,554,175 | $20,554,175 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,554,175 | $17,358,650 | $3,195,525 | — | $20,554,175 | $20,554,175 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $21,730,385 | $17,358,650 | $4,371,735 | — | $21,730,385 | $21,730,385 | ~$444,709 | Partial |
| 2024 | $23,978,462 | — | — | −$6,619,812 | $17,358,650 | $— | $463,287 | Verified |
| 2023 | $24,431,370 | — | — | −$14,016,180 | $10,415,190 | $— | $433,830 | Verified |
| 2022 | $23,117,279 | — | — | −$12,702,089 | $10,415,190 | $— | $482,501 | Verified |
| 2021 | $23,172,195 | — | — | −$16,228,735 | $6,943,460 | $— | $503,189 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.4% | -5.4% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -2.5% | -2.5% | ~100% | 1.9800% | Verified |
| 2023 | -1.9% | -1.9% | ~100% | 1.8100% | Verified |
| 2022 | +5.7% | +5.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.4% | -2.2% | -0.5% | +5.7% | 2023 | -9.4% | 2025 |
| Assessment Ratio | 100.0% | 65.0% | — | 100.0% | 2025 | 30.0% | 2021 |
| 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 |
$444,709 | $465,503 | ~$403,891 | $503,189 | 2021 | $433,830 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$21,384,174 | ~$21,384,174 | ~2.0139% | ~$430,664 | -1.6% |
| 2027 | ~$21,043,479 | ~$21,043,479 | ~1.9814% | ~$416,953 | -3.2% |
| 2028 | ~$20,708,212 | ~$20,708,212 | ~1.9488% | ~$403,570 | -4.7% |
| 2029 | ~$20,378,287 | ~$20,378,287 | ~1.9163% | ~$390,507 | -6.2% |
| 2030 | ~$20,053,618 | ~$20,053,618 | ~1.8837% | ~$377,759 | -7.7% |
| 2026 | ~$20,949,566 | ~$20,949,566 | ~2.0465% | ~$428,730 | -3.6% |
| 2027 | ~$20,196,804 | ~$20,196,804 | ~2.0465% | ~$413,325 | -7.1% |
| 2028 | ~$19,471,091 | ~$19,471,091 | ~2.0465% | ~$398,473 | -10.4% |
| 2029 | ~$18,771,453 | ~$18,771,453 | ~2.0465% | ~$384,155 | -13.6% |
| 2030 | ~$18,096,955 | ~$18,096,955 | ~2.0465% | ~$370,351 | -16.7% |
| 2026 | ~$21,818,782 | ~$21,818,782 | ~1.9977% | ~$435,866 | +0.4% |
| 2027 | ~$21,907,538 | ~$21,907,538 | ~1.9488% | ~$426,943 | +0.8% |
| 2028 | ~$21,996,656 | ~$21,996,656 | ~1.9000% | ~$417,940 | +1.2% |
| 2029 | ~$22,086,136 | ~$22,086,136 | ~1.8512% | ~$408,857 | +1.6% |
| 2030 | ~$22,175,980 | ~$22,175,980 | ~1.8024% | ~$399,693 | +2.1% |
In 2025, this property's market value of $21,730,385 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $21,730,385 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $23,978,462 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $24,431,370 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $23,117,279 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $23,172,195 | $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.