12319 N MO-PAC EXPRESSWAY 210 78758
| Owner | MCS PLAZA NORTH LLC |
|---|---|
| Parcel ID | 0262131414 |
| Short ID | 818189 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,421 SF |
| Land SF | 3,910 SF |
| Acres | 0.090 |
| Year Built | 2011 |
| Legal | UNT 210 PLAZA NORTH OFFICE CONDOMINIUMS AMENDED PLUS 2.9626 % INT IN COM AREA |
| Neighborhood | 26NOR02 |
| Land | $117,288 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $117,288 |
| Improvement | $777,347 |
|---|---|
| Total Improvement | $777,347 |
| Market | $894,635 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $894,635 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $894,635 |
| Taxable Value | $894,635 |
|---|
Appreciation: Market value has risen +100.9% from $445,400 (2021) to $894,635 (2025), a CAGR of 19.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $18,309. 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 13% of market value ($117,288 land vs $777,347 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 $894,635, 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 +19.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,139,269 by 2030, with an estimated annual tax burden around $27,141. 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 | 1,421 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% | $8,277.16 | $8,277.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,688.04 | $4,688.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,362.44 | $3,362.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,055.88 | $1,055.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $925.05 | $925.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,308.57 | $18,308.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $700,000 | $894,635 | -21.8% |
| Assessed Value | $700,000 | $894,635 | -21.8% |
| Land Value | $117,288 | $117,288 | +0.0% |
| Improvement Value | $582,712 | $777,347 | -25.0% |
| Taxable Value | $700,000 | $894,635 | -21.8% |
| Total Tax 2026 = estimate |
~$14,325
Estimated
|
~$18,309
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $908,122 | $700,000 | -208,122 (-22.9%) |
| Taxable Value | $908,122 | $700,000 | -208,122 (-22.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $700,000 | $117,288 | $582,712 | — | $700,000 | $700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $894,635 | $117,288 | $777,347 | — | $894,635 | $894,635 | ~$18,309 | Partial |
| 2024 | $732,200 | — | — | −$614,912 | $117,288 | $— | $17,413 | Verified |
| 2023 | $460,400 | — | — | −$343,112 | $117,288 | $— | $13,247 | Verified |
| 2022 | $447,000 | — | — | −$329,712 | $117,288 | $— | $9,093 | Verified |
| 2021 | $445,400 | — | — | −$328,112 | $117,288 | $— | $9,730 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | -9.6% | +1.8% | ~100% | Not available | Partial |
| 2024 | +35.2% | +20.0% | 88.7% | 1.7600% | Verified |
| 2023 | +59.0% | +59.0% | ~100% | 1.8100% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +100.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.8% | +12.6% | +25.7% | +59.0% | 2024 | -21.8% | 2026 |
| Assessment Ratio | 100.0% | 49.0% | — | 100.0% | 2025 | 16.0% | 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 |
$18,309 | $13,558 | ~$23,343 | $18,309 | 2025 | $9,093 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,065,050 | ~$984,099 | ~2.0139% | ~$19,819 | +19.0% |
| 2027 | ~$1,267,925 | ~$1,082,508 | ~1.9814% | ~$21,449 | +41.7% |
| 2028 | ~$1,509,446 | ~$1,190,759 | ~1.9488% | ~$23,206 | +68.7% |
| 2029 | ~$1,796,973 | ~$1,309,835 | ~1.9163% | ~$25,100 | +100.9% |
| 2030 | ~$2,139,269 | ~$1,440,819 | ~1.8837% | ~$27,141 | +139.1% |
| 2026 | ~$1,047,157 | ~$984,099 | ~2.0465% | ~$20,139 | +17.0% |
| 2027 | ~$1,225,681 | ~$1,082,508 | ~2.0465% | ~$22,153 | +37.0% |
| 2028 | ~$1,434,642 | ~$1,190,759 | ~2.0465% | ~$24,369 | +60.4% |
| 2029 | ~$1,679,226 | ~$1,309,835 | ~2.0465% | ~$26,806 | +87.7% |
| 2030 | ~$1,965,509 | ~$1,440,819 | ~2.0465% | ~$29,486 | +119.7% |
| 2026 | ~$1,082,942 | ~$984,099 | ~1.9977% | ~$19,659 | +21.0% |
| 2027 | ~$1,310,885 | ~$1,082,508 | ~1.9488% | ~$21,096 | +46.5% |
| 2028 | ~$1,586,807 | ~$1,190,759 | ~1.9000% | ~$22,625 | +77.4% |
| 2029 | ~$1,920,806 | ~$1,309,835 | ~1.8512% | ~$24,248 | +114.7% |
| 2030 | ~$2,325,107 | ~$1,440,819 | ~1.8024% | ~$25,969 | +159.9% |
In 2025, this property's market value of $894,635 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -37% 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 | $894,635 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $732,200 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $460,400 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $447,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $445,400 | $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.