12309 N MO-PAC EXPRESSWAY TX 78758
| Owner | 12301 N MOPAC LTD |
|---|---|
| Parcel ID | 0262130337 |
| Short ID | 774911 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 70,941 SF |
| Land SF | 226,643 SF |
| Acres | 5.203 |
| Year Built | 2012 |
| Legal | LOT 1 BLK A CEDAR BEND PROFESSIONAL CENTER SUBD |
| Neighborhood | 55NOR |
| Land | $6,799,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,799,280 |
| Improvement | $10,881,684 |
|---|---|
| Total Improvement | $10,881,684 |
| Market | $17,680,964 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $17,680,964 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $17,680,964 |
| Taxable Value | $17,680,964 |
|---|
Appreciation: Market value has fallen -23.1% from $23,000,000 (2021) to $17,680,964 (2025), a CAGR of -6.4% 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 $361,838. 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 38% of market value ($6,799,280 land vs $10,881,684 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $17,680,964, 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 -6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,727,074 by 2030, with an estimated annual tax burden around $239,745. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 86,800 SF | ✗ |
| 491 | SPRINKLER HEADS | 70,941 SF | ✗ |
| 1ST | 1st Floor | 23,647 SF | ✓ |
| 2ND | 2nd Floor | 23,647 SF | ✓ |
| 3RD | 3rd Floor | 23,647 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 3,680 SF | ✗ |
| 501 | CANOPY | 724 SF | ✗ |
| 611 | TERRACE | 724 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 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% | $163,584.28 | $163,584.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $92,651.26 | $92,651.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $66,453.02 | $66,453.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,867.60 | $20,867.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,282.12 | $18,282.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $361,838.28 | $361,838.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,224,712 | $17,680,964 | -2.6% |
| Assessed Value | $17,224,712 | $17,680,964 | -2.6% |
| Land Value | $6,799,280 | $6,799,280 | +0.0% |
| Improvement Value | $10,425,432 | $10,881,684 | -4.2% |
| Taxable Value | $17,224,712 | $17,680,964 | -2.6% |
| Total Tax 2026 = estimate |
~$352,501
Estimated
|
~$361,838
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $17,224,712 | $17,224,712 | +0 (+0.0%) |
| Taxable Value | $17,224,712 | $17,224,712 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $17,224,712 | $6,799,280 | $10,425,432 | — | $17,224,712 | $17,224,712 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $17,680,964 | $6,799,280 | $10,881,684 | — | $17,680,964 | $17,680,964 | ~$361,838 | Partial |
| 2024 | $22,708,754 | — | — | −$15,909,474 | $6,799,280 | $— | $367,372 | Verified |
| 2023 | $25,200,000 | — | — | −$18,400,720 | $6,799,280 | $— | $410,857 | Verified |
| 2022 | $22,900,000 | — | — | −$16,100,720 | $6,799,280 | $— | $498,963 | Verified |
| 2021 | $23,000,000 | — | — | −$16,200,720 | $6,799,280 | $— | $499,378 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2024 | -18.4% | -18.4% | ~100% | 1.9800% | Verified |
| 2023 | -14.3% | -14.3% | ~100% | 1.8100% | Verified |
| 2022 | +11.5% | +11.5% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | -5.0% | -5.9% | +10.0% | 2023 | -22.1% | 2025 |
| Assessment Ratio | 100.0% | 52.7% | — | 100.0% | 2025 | 27.0% | 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 |
$361,838 | $427,682 | ~$284,736 | $499,378 | 2021 | $361,838 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,555,811 | ~$16,555,811 | ~2.0139% | ~$333,424 | -6.4% |
| 2027 | ~$15,502,259 | ~$15,502,259 | ~1.9814% | ~$307,160 | -12.3% |
| 2028 | ~$14,515,751 | ~$14,515,751 | ~1.9488% | ~$282,889 | -17.9% |
| 2029 | ~$13,592,021 | ~$13,592,021 | ~1.9163% | ~$260,463 | -23.1% |
| 2030 | ~$12,727,074 | ~$12,727,074 | ~1.8837% | ~$239,745 | -28.0% |
| 2026 | ~$16,796,916 | ~$16,796,916 | ~2.0465% | ~$343,746 | -5.0% |
| 2027 | ~$15,957,070 | ~$15,957,070 | ~2.0465% | ~$326,559 | -9.8% |
| 2028 | ~$15,159,217 | ~$15,159,217 | ~2.0465% | ~$310,231 | -14.3% |
| 2029 | ~$14,401,256 | ~$14,401,256 | ~2.0465% | ~$294,720 | -18.5% |
| 2030 | ~$13,681,193 | ~$13,681,193 | ~2.0465% | ~$279,984 | -22.6% |
| 2026 | ~$16,909,431 | ~$16,909,431 | ~1.9977% | ~$337,793 | -4.4% |
| 2027 | ~$16,171,564 | ~$16,171,564 | ~1.9488% | ~$315,158 | -8.5% |
| 2028 | ~$15,465,895 | ~$15,465,895 | ~1.9000% | ~$293,855 | -12.5% |
| 2029 | ~$14,791,019 | ~$14,791,019 | ~1.8512% | ~$273,810 | -16.3% |
| 2030 | ~$14,145,593 | ~$14,145,593 | ~1.8024% | ~$254,956 | -20.0% |
In 2025, this property's market value of $17,680,964 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $17,680,964 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $22,708,754 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $25,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $22,900,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $23,000,000 | $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.