12319 N MO-PAC EXPRESSWAY 320 TX 78758
| Owner | PNMU3 INC |
|---|---|
| Parcel ID | 0262131412 |
| Short ID | 811591 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 3,358 SF |
| Land SF | 9,257 SF |
| Acres | 0.213 |
| Year Built | 2011 |
| Legal | UNT 320 PLAZA NORTH OFFICE CONDOMINIUMS AMENDED PLUS 7.0144 % INT IN COM AREA |
| Neighborhood | 26NOR02 |
| Land | $277,697 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $277,697 |
| Improvement | $1,687,506 |
|---|---|
| Total Improvement | $1,687,506 |
| Market | $1,965,203 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,965,203 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,965,203 |
| Taxable Value | $1,965,203 |
|---|
Appreciation: Market value has risen +102.3% from $971,415 (2021) to $1,965,203 (2025), a CAGR of 19.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $40,218. 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 14% of market value ($277,697 land vs $1,687,506 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~15 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,965,203, 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 +19.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,741,445 by 2030, with an estimated annual tax burden around $59,620. 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 | 3,358 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% | $18,182.06 | $18,182.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,298.00 | $10,298.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,386.12 | $7,386.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,319.39 | $2,319.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,032.02 | $2,032.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,217.59 | $40,217.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,905,874 | $1,965,203 | -3.0% |
| Assessed Value | $1,905,874 | $1,965,203 | -3.0% |
| Land Value | $277,697 | $277,697 | +0.0% |
| Improvement Value | $1,628,177 | $1,687,506 | -3.5% |
| Taxable Value | $1,905,874 | $1,965,203 | -3.0% |
| Total Tax 2026 = estimate |
~$39,003
Estimated
|
~$40,218
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,011,841 | $1,905,874 | -105,967 (-5.3%) |
| Taxable Value | $2,011,841 | $1,905,874 | -105,967 (-5.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,905,874 | $277,697 | $1,628,177 | — | $1,905,874 | $1,905,874 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,965,203 | $277,697 | $1,687,506 | — | $1,965,203 | $1,965,203 | ~$40,218 | Partial |
| 2024 | $1,777,500 | — | — | −$1,499,803 | $277,697 | $— | $38,947 | Verified |
| 2023 | $1,333,584 | — | — | −$1,055,887 | $277,697 | $— | $32,159 | Verified |
| 2022 | $1,103,372 | — | — | −$825,675 | $277,697 | $— | $26,337 | Verified |
| 2021 | $971,415 | — | — | −$693,718 | $277,697 | $— | $24,017 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | -22.9% | -7.9% | ~100% | Not available | Partial |
| 2024 | +43.4% | +20.0% | 83.7% | 1.5300% | Verified |
| 2023 | +33.3% | +33.3% | ~100% | 1.8100% | Verified |
| 2022 | +20.9% | +20.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.0% | +15.1% | +20.0% | +33.3% | 2024 | -3.0% | 2026 |
| Assessment Ratio | 100.0% | 48.4% | — | 100.0% | 2025 | 15.6% | 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 |
$40,218 | $32,336 | ~$51,277 | $40,218 | 2025 | $24,017 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,343,733 | ~$2,161,723 | ~2.0139% | ~$43,536 | +19.3% |
| 2027 | ~$2,795,173 | ~$2,377,896 | ~1.9814% | ~$47,115 | +42.2% |
| 2028 | ~$3,333,568 | ~$2,615,685 | ~1.9488% | ~$50,976 | +69.6% |
| 2029 | ~$3,975,667 | ~$2,877,254 | ~1.9163% | ~$55,137 | +102.3% |
| 2030 | ~$4,741,445 | ~$3,164,979 | ~1.8837% | ~$59,620 | +141.3% |
| 2026 | ~$2,304,429 | ~$2,161,723 | ~2.0465% | ~$44,239 | +17.3% |
| 2027 | ~$2,702,210 | ~$2,377,896 | ~2.0465% | ~$48,663 | +37.5% |
| 2028 | ~$3,168,655 | ~$2,615,685 | ~2.0465% | ~$53,530 | +61.2% |
| 2029 | ~$3,715,616 | ~$2,877,254 | ~2.0465% | ~$58,883 | +89.1% |
| 2030 | ~$4,356,990 | ~$3,164,979 | ~2.0465% | ~$64,771 | +121.7% |
| 2026 | ~$2,383,037 | ~$2,161,723 | ~1.9977% | ~$43,184 | +21.3% |
| 2027 | ~$2,889,709 | ~$2,377,896 | ~1.9488% | ~$46,341 | +47.0% |
| 2028 | ~$3,504,107 | ~$2,615,685 | ~1.9000% | ~$49,698 | +78.3% |
| 2029 | ~$4,249,136 | ~$2,877,254 | ~1.8512% | ~$53,264 | +116.2% |
| 2030 | ~$5,152,571 | ~$3,164,979 | ~1.8024% | ~$57,045 | +162.2% |
In 2025, this property's market value of $1,965,203 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +39% 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 | $1,965,203 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,777,500 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,333,584 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,103,372 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $971,415 | $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.