12201 RENFERT WAY TX 78758
| Owner | MEDICAL OAKS PAVILION LTD |
|---|---|
| Parcel ID | 0260130728 |
| Short ID | 362428 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 109,765 SF |
| Land SF | 408,679 SF |
| Acres | 9.382 |
| Year Built | 2000 |
| Legal | LOT 1-A BLK E CENTRUM SUBD THE RESUB OF BLK B & E AMENDED PLAT OF LOTS 1 & 2 |
| Neighborhood | 55NWE |
| Land | $3,269,432 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,269,432 |
| Improvement | $27,195,522 |
|---|---|
| Total Improvement | $27,195,522 |
| Market | $30,464,954 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,464,954 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,464,954 |
| Taxable Value | $30,464,954 |
|---|
Appreciation: Market value has fallen -9.8% from $33,772,400 (2021) to $30,464,954 (2025), a CAGR of -2.5% 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 $623,461. 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 11% of market value ($3,269,432 land vs $27,195,522 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $30,464,954, 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 -2.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $26,782,356 by 2030, with an estimated annual tax burden around $504,511. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 268,750 SF | ✗ |
| 491 | SPRINKLER HEADS | 69,523 SF | ✗ |
| 3RD | 3rd Floor | 37,067 SF | ✓ |
| 1ST | 1st Floor | 36,349 SF | ✓ |
| 2ND | 2nd Floor | 36,349 SF | ✓ |
| 501 | CANOPY | 2,237 SF | ✗ |
| LOBBY | Lobby | 336 SF | ✓ |
| 482 | LIGHT POLES | 14 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% | $281,861.75 | $281,861.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $159,641.54 | $159,641.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $114,501.01 | $114,501.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,955.65 | $35,955.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $31,500.76 | $31,500.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $623,460.71 | $623,460.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,247,347 | $30,464,954 | -0.7% |
| Assessed Value | $30,247,347 | $30,464,954 | -0.7% |
| Land Value | $3,269,432 | $3,269,432 | +0.0% |
| Improvement Value | $26,977,915 | $27,195,522 | -0.8% |
| Taxable Value | $30,247,347 | $30,464,954 | -0.7% |
| Total Tax 2026 = estimate |
~$619,007
Estimated
|
~$623,461
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,247,347 | $30,247,347 | +0 (+0.0%) |
| Taxable Value | $30,247,347 | $30,247,347 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,247,347 | $3,269,432 | $26,977,915 | — | $30,247,347 | $30,247,347 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $30,464,954 | $3,269,432 | $27,195,522 | — | $30,464,954 | $30,464,954 | ~$623,461 | Partial |
| 2024 | $37,624,000 | — | — | −$34,354,568 | $3,269,432 | $— | $640,384 | Verified |
| 2023 | $37,360,700 | — | — | −$34,091,268 | $3,269,432 | $— | $627,270 | Verified |
| 2022 | $— | — | — | — | $3,269,432 | $— | $684,172 | Verified |
| 2021 | $33,772,400 | — | — | −$30,502,968 | $3,269,432 | $— | $713,209 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2024 | -14.1% | -14.1% | ~100% | 1.9800% | Verified |
| 2023 | +0.7% | +0.7% | ~100% | 1.6700% | Verified |
| 2022 | +9.7% | +9.7% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -10.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.7% | -2.1% | -2.4% | +10.6% | 2023 | -19.0% | 2025 |
| Assessment Ratio | 100.0% | 45.4% | — | 100.0% | 2025 | 8.7% | 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 |
$623,461 | $651,081 | ~$550,386 | $713,209 | 2021 | $623,461 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$29,689,999 | ~$29,689,999 | ~2.0139% | ~$597,938 | -2.5% |
| 2027 | ~$28,934,756 | ~$28,934,756 | ~1.9814% | ~$573,310 | -5.0% |
| 2028 | ~$28,198,725 | ~$28,198,725 | ~1.9488% | ~$549,548 | -7.4% |
| 2029 | ~$27,481,417 | ~$27,481,417 | ~1.9163% | ~$526,624 | -9.8% |
| 2030 | ~$26,782,356 | ~$26,782,356 | ~1.8837% | ~$504,511 | -12.1% |
| 2026 | ~$29,080,700 | ~$29,080,700 | ~2.0465% | ~$595,132 | -4.5% |
| 2027 | ~$27,759,342 | ~$27,759,342 | ~2.0465% | ~$568,091 | -8.9% |
| 2028 | ~$26,498,024 | ~$26,498,024 | ~2.0465% | ~$542,278 | -13.0% |
| 2029 | ~$25,294,018 | ~$25,294,018 | ~2.0465% | ~$517,638 | -17.0% |
| 2030 | ~$24,144,718 | ~$24,144,718 | ~2.0465% | ~$494,118 | -20.7% |
| 2026 | ~$30,299,298 | ~$30,299,298 | ~1.9977% | ~$605,278 | -0.5% |
| 2027 | ~$30,134,542 | ~$30,134,542 | ~1.9488% | ~$587,274 | -1.1% |
| 2028 | ~$29,970,682 | ~$29,970,682 | ~1.9000% | ~$569,448 | -1.6% |
| 2029 | ~$29,807,714 | ~$29,807,714 | ~1.8512% | ~$551,799 | -2.2% |
| 2030 | ~$29,645,631 | ~$29,645,631 | ~1.8024% | ~$534,324 | -2.7% |
In 2025, this property's market value of $30,464,954 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $30,464,954 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $37,624,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $37,360,700 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $33,772,400 | $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.