12319 N MO-PAC EXPRESSWAY 350 TX 78758
| Owner | PNMU3 INC |
|---|---|
| Parcel ID | 0262131413 |
| Short ID | 811592 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,184 SF |
| Land SF | 3,261 SF |
| Acres | 0.075 |
| Year Built | 2011 |
| Legal | UNT 350 PLAZA NORTH OFFICE CONDOMINIUMS AMENDED PLUS 2.471 % INT IN COM AREA |
| Neighborhood | 26NOR02 |
| Land | $97,826 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $97,826 |
| Improvement | $703,688 |
|---|---|
| Total Improvement | $703,688 |
| Market | $801,514 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $801,514 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $801,514 |
| Taxable Value | $801,514 |
|---|
Appreciation: Market value has risen +110.9% from $380,000 (2021) to $801,514 (2025), a CAGR of 20.5% 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 $16,403. 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 12% of market value ($97,826 land vs $703,688 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 $801,514, this parcel sits in the lower-middle (25th–50th 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 +20.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,037,373 by 2030, with an estimated annual tax burden around $24,316. 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 | 1,184 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% | $7,415.61 | $7,415.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,200.07 | $4,200.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,012.45 | $3,012.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $945.97 | $945.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $828.77 | $828.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,402.87 | $16,402.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $767,000 | $801,514 | -4.3% |
| Assessed Value | $767,000 | $801,514 | -4.3% |
| Land Value | $97,826 | $97,826 | +0.0% |
| Improvement Value | $669,174 | $703,688 | -4.9% |
| Taxable Value | $767,000 | $801,514 | -4.3% |
| Total Tax 2026 = estimate |
~$15,697
Estimated
|
~$16,403
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $792,377 | $767,000 | -25,377 (-3.2%) |
| Taxable Value | $792,377 | $767,000 | -25,377 (-3.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $767,000 | $97,826 | $669,174 | — | $767,000 | $767,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $801,514 | $97,826 | $703,688 | — | $801,514 | $801,514 | ~$16,403 | Partial |
| 2024 | $699,000 | — | — | −$601,174 | $97,826 | $— | $16,350 | Verified |
| 2023 | $502,955 | — | — | −$405,129 | $97,826 | $— | $12,647 | Verified |
| 2022 | $530,682 | — | — | −$432,856 | $97,826 | $— | $9,933 | Verified |
| 2021 | $380,000 | — | — | −$282,174 | $97,826 | $— | $11,551 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2025 | -20.4% | -4.4% | ~100% | Not available | Partial |
| 2024 | +44.1% | +20.0% | 83.2% | 1.6200% | Verified |
| 2023 | +39.0% | +39.0% | ~100% | 1.8100% | Verified |
| 2022 | -5.2% | -5.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.3% | +16.8% | +21.6% | +39.7% | 2022 | -5.2% | 2023 |
| Assessment Ratio | 100.0% | 46.3% | — | 100.0% | 2025 | 14.0% | 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 |
$16,403 | $13,377 | ~$20,913 | $16,403 | 2025 | $9,933 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$965,924 | ~$881,665 | ~2.0139% | ~$17,756 | +20.5% |
| 2027 | ~$1,164,059 | ~$969,832 | ~1.9814% | ~$19,216 | +45.2% |
| 2028 | ~$1,402,836 | ~$1,066,815 | ~1.9488% | ~$20,791 | +75.0% |
| 2029 | ~$1,690,591 | ~$1,173,497 | ~1.9163% | ~$22,488 | +110.9% |
| 2030 | ~$2,037,373 | ~$1,290,846 | ~1.8837% | ~$24,316 | +154.2% |
| 2026 | ~$949,894 | ~$881,665 | ~2.0465% | ~$18,043 | +18.5% |
| 2027 | ~$1,125,742 | ~$969,832 | ~2.0465% | ~$19,847 | +40.5% |
| 2028 | ~$1,334,145 | ~$1,066,815 | ~2.0465% | ~$21,832 | +66.5% |
| 2029 | ~$1,581,127 | ~$1,173,497 | ~2.0465% | ~$24,015 | +97.3% |
| 2030 | ~$1,873,833 | ~$1,290,846 | ~2.0465% | ~$26,417 | +133.8% |
| 2026 | ~$981,954 | ~$881,665 | ~1.9977% | ~$17,613 | +22.5% |
| 2027 | ~$1,203,016 | ~$969,832 | ~1.9488% | ~$18,900 | +50.1% |
| 2028 | ~$1,473,845 | ~$1,066,815 | ~1.9000% | ~$20,270 | +83.9% |
| 2029 | ~$1,805,643 | ~$1,173,497 | ~1.8512% | ~$21,724 | +125.3% |
| 2030 | ~$2,212,137 | ~$1,290,846 | ~1.8024% | ~$23,266 | +176.0% |
In 2025, this property's market value of $801,514 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% below 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 | $801,514 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $699,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $502,955 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $530,682 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $380,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.