12319 N MO-PAC EXPRESSWAY 250 78758
| Owner | MEDICAL SUITE 250 |
|---|---|
| Parcel ID | 0262131416 |
| Short ID | 818191 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,569 SF |
| Land SF | 4,312 SF |
| Acres | 0.099 |
| Year Built | 2011 |
| Legal | UNT 250 PLAZA NORTH OFFICE CONDOMINIUMS AMENDED PLUS 3.2676 % INT IN COM AREA |
| Neighborhood | 26NOR02 |
| Land | $129,363 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $129,363 |
| Improvement | $972,303 |
|---|---|
| Total Improvement | $972,303 |
| Market | $1,101,666 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,101,666 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,101,666 |
| Taxable Value | $1,101,666 |
|---|
Appreciation: Market value has risen +122.7% from $494,724 (2021) to $1,101,666 (2025), a CAGR of 22.2% 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 $22,545. 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 ($129,363 land vs $972,303 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 $1,101,666, 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 +22.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,996,806 by 2030, with an estimated annual tax burden around $33,422. 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 | 1,569 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% | $10,192.61 | $10,192.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,772.92 | $5,772.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,140.56 | $4,140.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,300.22 | $1,300.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,139.12 | $1,139.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,545.43 | $22,545.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $912,332 | $1,101,666 | -17.2% |
| Assessed Value | $912,332 | $1,101,666 | -17.2% |
| Land Value | $129,363 | $129,363 | +0.0% |
| Improvement Value | $782,969 | $972,303 | -19.5% |
| Taxable Value | $912,332 | $1,101,666 | -17.2% |
| Total Tax 2026 = estimate |
~$18,671
Estimated
|
~$22,545
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,002,563 | $912,332 | -90,231 (-9.0%) |
| Taxable Value | $1,002,563 | $912,332 | -90,231 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $912,332 | $129,363 | $782,969 | — | $912,332 | $912,332 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,101,666 | $129,363 | $972,303 | — | $1,101,666 | $1,101,666 | ~$22,545 | Partial |
| 2024 | $808,400 | — | — | −$679,037 | $129,363 | $— | $19,225 | Verified |
| 2023 | $631,304 | — | — | −$501,941 | $129,363 | $— | $14,626 | Verified |
| 2022 | $682,845 | — | — | −$553,482 | $129,363 | $— | $12,468 | Verified |
| 2021 | $494,724 | — | — | −$365,361 | $129,363 | $— | $14,863 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.0% | -9.0% | ~100% | Not available | Partial |
| 2025 | -8.9% | +13.6% | ~100% | Not available | Partial |
| 2024 | +31.9% | +5.8% | 80.2% | 1.5900% | Verified |
| 2023 | +36.5% | +36.5% | ~100% | 1.5900% | Verified |
| 2022 | -1.6% | -1.6% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 3.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.2% | +15.5% | +27.2% | +38.0% | 2022 | -17.2% | 2026 |
| Assessment Ratio | 100.0% | 46.9% | — | 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 |
$22,545 | $16,746 | ~$28,745 | $22,545 | 2025 | $12,468 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,345,773 | ~$1,211,833 | ~2.0139% | ~$24,406 | +22.2% |
| 2027 | ~$1,643,968 | ~$1,333,016 | ~1.9814% | ~$26,412 | +49.2% |
| 2028 | ~$2,008,238 | ~$1,466,317 | ~1.9488% | ~$28,576 | +82.3% |
| 2029 | ~$2,453,222 | ~$1,612,949 | ~1.9163% | ~$30,909 | +122.7% |
| 2030 | ~$2,996,806 | ~$1,774,244 | ~1.8837% | ~$33,422 | +172.0% |
| 2026 | ~$1,323,739 | ~$1,211,833 | ~2.0465% | ~$24,800 | +20.2% |
| 2027 | ~$1,590,578 | ~$1,333,016 | ~2.0465% | ~$27,280 | +44.4% |
| 2028 | ~$1,911,206 | ~$1,466,317 | ~2.0465% | ~$30,008 | +73.5% |
| 2029 | ~$2,296,466 | ~$1,612,949 | ~2.0465% | ~$33,009 | +108.5% |
| 2030 | ~$2,759,386 | ~$1,774,244 | ~2.0465% | ~$36,310 | +150.5% |
| 2026 | ~$1,367,806 | ~$1,211,833 | ~1.9977% | ~$24,208 | +24.2% |
| 2027 | ~$1,698,240 | ~$1,333,016 | ~1.9488% | ~$25,978 | +54.2% |
| 2028 | ~$2,108,500 | ~$1,466,317 | ~1.9000% | ~$27,860 | +91.4% |
| 2029 | ~$2,617,870 | ~$1,612,949 | ~1.8512% | ~$29,859 | +137.6% |
| 2030 | ~$3,250,294 | ~$1,774,244 | ~1.8024% | ~$31,978 | +195.0% |
In 2025, this property's market value of $1,101,666 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -22% 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 | $1,101,666 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $808,400 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $631,304 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $682,845 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $494,724 | $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.