12319 N MO-PAC EXPRESSWAY 260 78758
| Owner | PNMU3 INC |
|---|---|
| Parcel ID | 0262131417 |
| Short ID | 818192 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 493 SF |
| Land SF | 1,355 SF |
| Acres | 0.031 |
| Year Built | 2011 |
| Legal | UNT 260 PLAZA NORTH OFFICE CONDOMINIUMS AMENDED PLUS 1.0269 % INT IN COM AREA |
| Neighborhood | 26NOR02 |
| Land | $40,655 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $40,655 |
| Improvement | $291,457 |
|---|---|
| Total Improvement | $291,457 |
| Market | $332,112 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $332,112 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $332,112 |
| Taxable Value | $332,112 |
|---|
Appreciation: Market value has risen +126.5% from $146,650 (2021) to $332,112 (2025), a CAGR of 22.7% 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 $6,797. 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 ($40,655 land vs $291,457 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 $332,112, this parcel sits in the bottom quartile (<25th 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 +22.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $922,652 by 2030, with an estimated annual tax burden around $10,076. 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 | 493 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% | $3,072.70 | $3,072.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,740.32 | $1,740.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,248.23 | $1,248.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $391.97 | $391.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $343.40 | $343.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,796.62 | $6,796.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $300,170 | $332,112 | -9.6% |
| Assessed Value | $300,170 | $332,112 | -9.6% |
| Land Value | $40,655 | $40,655 | +0.0% |
| Improvement Value | $259,515 | $291,457 | -11.0% |
| Taxable Value | $300,170 | $332,112 | -9.6% |
| Total Tax 2026 = estimate |
~$6,143
Estimated
|
~$6,797
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $329,857 | $300,170 | -29,687 (-9.0%) |
| Taxable Value | $329,857 | $300,170 | -29,687 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $300,170 | $40,655 | $259,515 | — | $300,170 | $300,170 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $332,112 | $40,655 | $291,457 | — | $332,112 | $332,112 | ~$6,797 | Partial |
| 2024 | $290,900 | — | — | −$250,245 | $40,655 | $— | $6,808 | Verified |
| 2023 | $216,926 | — | — | −$176,271 | $40,655 | $— | $5,263 | Verified |
| 2022 | $231,958 | — | — | −$191,303 | $40,655 | $— | $4,284 | Verified |
| 2021 | $146,650 | — | — | −$105,995 | $40,655 | $— | $5,049 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | -20.8% | -4.9% | ~100% | Not available | Partial |
| 2024 | +44.2% | +20.0% | 83.2% | 1.6200% | Verified |
| 2023 | +34.1% | +34.1% | ~100% | 1.8100% | Verified |
| 2022 | -6.5% | -6.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.6% | +18.1% | +25.3% | +58.2% | 2022 | -9.6% | 2026 |
| 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 |
$6,797 | $5,640 | ~$8,666 | $6,808 | 2024 | $4,284 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$407,413 | ~$365,323 | ~2.0139% | ~$7,357 | +22.7% |
| 2027 | ~$499,788 | ~$401,856 | ~1.9814% | ~$7,962 | +50.5% |
| 2028 | ~$613,107 | ~$442,041 | ~1.9488% | ~$8,615 | +84.6% |
| 2029 | ~$752,120 | ~$486,245 | ~1.9163% | ~$9,318 | +126.5% |
| 2030 | ~$922,652 | ~$534,870 | ~1.8837% | ~$10,076 | +177.8% |
| 2026 | ~$400,771 | ~$365,323 | ~2.0465% | ~$7,476 | +20.7% |
| 2027 | ~$483,624 | ~$401,856 | ~2.0465% | ~$8,224 | +45.6% |
| 2028 | ~$583,606 | ~$442,041 | ~2.0465% | ~$9,046 | +75.7% |
| 2029 | ~$704,258 | ~$486,245 | ~2.0465% | ~$9,951 | +112.1% |
| 2030 | ~$849,852 | ~$534,870 | ~2.0465% | ~$10,946 | +155.9% |
| 2026 | ~$414,056 | ~$365,323 | ~1.9977% | ~$7,298 | +24.7% |
| 2027 | ~$516,217 | ~$401,856 | ~1.9488% | ~$7,832 | +55.4% |
| 2028 | ~$643,586 | ~$442,041 | ~1.9000% | ~$8,399 | +93.8% |
| 2029 | ~$802,381 | ~$486,245 | ~1.8512% | ~$9,001 | +141.6% |
| 2030 | ~$1,000,356 | ~$534,870 | ~1.8024% | ~$9,640 | +201.2% |
In 2025, this property's market value of $332,112 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -77% 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 | $332,112 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $290,900 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $216,926 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $231,958 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $146,650 | $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.