12419 METRIC BLVD TX 78758
| Owner | TERRAVET 12419 METRIC BLVD LLC |
|---|---|
| Parcel ID | 0260180902 |
| Short ID | 264820 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,288 SF |
| Land SF | 21,780 SF |
| Acres | 0.500 |
| Year Built | 1987 |
| Legal | LOT 1 BLK A VILLAGE AT WALNUT CREEK PHS 2 SEC 8 |
| Neighborhood | 53NOR |
| Land | $294,030 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $294,030 |
| Improvement | $1,264,403 |
|---|---|
| Total Improvement | $1,264,403 |
| Market | $1,558,433 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,558,433 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,558,433 |
| Taxable Value | $1,558,433 |
|---|
Appreciation: Market value has risen +40.4% from $1,110,000 (2021) to $1,558,433 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $31,893. 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 19% of market value ($294,030 land vs $1,264,403 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~39 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,558,433, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,381,741 by 2030, with an estimated annual tax burden around $44,866. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 6,288 SF | ✓ |
| UBSMT | Unfinished Basement | 6,288 SF | ✓ |
| 551 | PAVED AREA | 5,640 SF | ✗ |
| 501 | CANOPY | 557 SF | ✗ |
| 541 | FENCE COMM LF | 290 SF | ✗ |
| 482 | LIGHT POLES | 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% | $14,418.62 | $14,418.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,166.45 | $8,166.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,857.29 | $5,857.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,839.31 | $1,839.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,611.42 | $1,611.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,893.09 | $31,893.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,575,458 | $1,558,433 | +1.1% |
| Assessed Value | $1,575,458 | $1,558,433 | +1.1% |
| Land Value | $294,030 | $294,030 | +0.0% |
| Improvement Value | $1,281,428 | $1,264,403 | +1.3% |
| Taxable Value | $1,575,458 | $1,558,433 | +1.1% |
| Total Tax 2026 = estimate |
~$32,242
Estimated
|
~$31,893
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,731,272 | $1,575,458 | -155,814 (-9.0%) |
| Taxable Value | $1,731,272 | $1,575,458 | -155,814 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,575,458 | $294,030 | $1,281,428 | — | $1,575,458 | $1,575,458 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,558,433 | $294,030 | $1,264,403 | — | $1,558,433 | $1,558,433 | ~$31,893 | Partial |
| 2024 | $1,566,717 | — | — | −$1,272,687 | $294,030 | $— | $32,980 | Verified |
| 2023 | $1,502,371 | — | — | −$1,208,341 | $294,030 | $— | $28,346 | Verified |
| 2022 | $1,216,245 | — | — | −$922,215 | $294,030 | $— | $29,671 | Verified |
| 2021 | $1,110,000 | — | — | −$815,970 | $294,030 | $— | $26,474 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2025 | -6.4% | -6.4% | ~100% | Not available | Partial |
| 2024 | +6.2% | +6.2% | ~100% | 1.9800% | Verified |
| 2023 | +4.3% | +4.3% | ~100% | 1.8100% | Verified |
| 2022 | +23.5% | +23.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.1% | +7.6% | +8.6% | +23.5% | 2023 | -0.5% | 2025 |
| Assessment Ratio | 100.0% | 48.2% | — | 100.0% | 2025 | 18.8% | 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 |
$31,893 | $29,873 | ~$39,344 | $32,980 | 2024 | $26,474 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,696,405 | ~$1,696,405 | ~2.0139% | ~$34,165 | +8.9% |
| 2027 | ~$1,846,591 | ~$1,846,591 | ~1.9814% | ~$36,588 | +18.5% |
| 2028 | ~$2,010,074 | ~$2,010,074 | ~1.9488% | ~$39,173 | +29.0% |
| 2029 | ~$2,188,030 | ~$2,188,030 | ~1.9163% | ~$41,929 | +40.4% |
| 2030 | ~$2,381,741 | ~$2,381,741 | ~1.8837% | ~$44,866 | +52.8% |
| 2026 | ~$1,665,236 | ~$1,665,236 | ~2.0465% | ~$34,079 | +6.9% |
| 2027 | ~$1,779,358 | ~$1,779,358 | ~2.0465% | ~$36,414 | +14.2% |
| 2028 | ~$1,901,302 | ~$1,901,302 | ~2.0465% | ~$38,910 | +22.0% |
| 2029 | ~$2,031,602 | ~$2,031,602 | ~2.0465% | ~$41,576 | +30.4% |
| 2030 | ~$2,170,832 | ~$2,170,832 | ~2.0465% | ~$44,426 | +39.3% |
| 2026 | ~$1,727,573 | ~$1,714,276 | ~1.9977% | ~$34,245 | +10.9% |
| 2027 | ~$1,915,071 | ~$1,885,704 | ~1.9488% | ~$36,749 | +22.9% |
| 2028 | ~$2,122,917 | ~$2,074,274 | ~1.9000% | ~$39,412 | +36.2% |
| 2029 | ~$2,353,322 | ~$2,281,702 | ~1.8512% | ~$42,239 | +51.0% |
| 2030 | ~$2,608,734 | ~$2,509,872 | ~1.8024% | ~$45,237 | +67.4% |
In 2025, this property's market value of $1,558,433 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +10% 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 | $1,558,433 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,566,717 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,502,371 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,216,245 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,110,000 | $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.