12319 N MO-PAC EXPRESSWAY 160 78758
| Owner | MCS PLAZA NORTH LLC |
|---|---|
| Parcel ID | 0262131419 |
| Short ID | 818194 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,890 SF |
| Land SF | 5,289 SF |
| Acres | 0.121 |
| Year Built | 2011 |
| Legal | UNT 160 PLAZA NORTH OFFICE CONDOMINIUMS AMENDED PLUS 4.0082 % INT IN COM AREA |
| Neighborhood | 26NOR02 |
| Land | $158,683 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $158,683 |
| Improvement | $1,005,962 |
|---|---|
| Total Improvement | $1,005,962 |
| Market | $1,164,645 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,164,645 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,164,645 |
| Taxable Value | $1,164,645 |
|---|
Appreciation: Market value has risen +102.9% from $574,000 (2021) to $1,164,645 (2025), a CAGR of 19.3% 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 $23,834. 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 ($158,683 land vs $1,005,962 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 $1,164,645, 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 +19.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,820,302 by 2030, with an estimated annual tax burden around $35,333. 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 | 1,890 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% | $10,775.30 | $10,775.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,102.94 | $6,102.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,377.26 | $4,377.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,374.55 | $1,374.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,204.24 | $1,204.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,834.29 | $23,834.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $925,000 | $1,164,645 | -20.6% |
| Assessed Value | $925,000 | $1,164,645 | -20.6% |
| Land Value | $158,683 | $158,683 | +0.0% |
| Improvement Value | $766,317 | $1,005,962 | -23.8% |
| Taxable Value | $925,000 | $1,164,645 | -20.6% |
| Total Tax 2026 = estimate |
~$18,930
Estimated
|
~$23,834
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,182,093 | $925,000 | -257,093 (-21.7%) |
| Taxable Value | $1,182,093 | $925,000 | -257,093 (-21.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $925,000 | $158,683 | $766,317 | — | $925,000 | $925,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,164,645 | $158,683 | $1,005,962 | — | $1,164,645 | $1,164,645 | ~$23,834 | Partial |
| 2024 | $954,500 | — | — | −$795,817 | $158,683 | $— | $22,700 | Verified |
| 2023 | $597,400 | — | — | −$438,717 | $158,683 | $— | $17,269 | Verified |
| 2022 | $580,000 | — | — | −$421,317 | $158,683 | $— | $11,798 | Verified |
| 2021 | $574,000 | — | — | −$415,317 | $158,683 | $— | $12,625 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | -8.9% | +1.7% | ~100% | Not available | Partial |
| 2024 | +34.0% | +20.0% | 89.6% | 1.7700% | Verified |
| 2023 | +59.8% | +59.8% | ~100% | 1.8100% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +100.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.6% | +13.0% | +25.5% | +59.8% | 2024 | -20.6% | 2026 |
| Assessment Ratio | 100.0% | 49.7% | — | 100.0% | 2025 | 16.6% | 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 |
$23,834 | $17,645 | ~$30,388 | $23,834 | 2025 | $11,798 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,389,997 | ~$1,281,110 | ~2.0139% | ~$25,801 | +19.3% |
| 2027 | ~$1,658,954 | ~$1,409,220 | ~1.9814% | ~$27,922 | +42.4% |
| 2028 | ~$1,979,953 | ~$1,550,142 | ~1.9488% | ~$30,210 | +70.0% |
| 2029 | ~$2,363,063 | ~$1,705,157 | ~1.9163% | ~$32,676 | +102.9% |
| 2030 | ~$2,820,302 | ~$1,875,672 | ~1.8837% | ~$35,333 | +142.2% |
| 2026 | ~$1,366,704 | ~$1,281,110 | ~2.0465% | ~$26,218 | +17.3% |
| 2027 | ~$1,603,820 | ~$1,409,220 | ~2.0465% | ~$28,839 | +37.7% |
| 2028 | ~$1,882,074 | ~$1,550,142 | ~2.0465% | ~$31,723 | +61.6% |
| 2029 | ~$2,208,604 | ~$1,705,157 | ~2.0465% | ~$34,896 | +89.6% |
| 2030 | ~$2,591,784 | ~$1,875,672 | ~2.0465% | ~$38,385 | +122.5% |
| 2026 | ~$1,413,290 | ~$1,281,110 | ~1.9977% | ~$25,592 | +21.3% |
| 2027 | ~$1,715,020 | ~$1,409,220 | ~1.9488% | ~$27,463 | +47.3% |
| 2028 | ~$2,081,167 | ~$1,550,142 | ~1.9000% | ~$29,453 | +78.7% |
| 2029 | ~$2,525,485 | ~$1,705,157 | ~1.8512% | ~$31,566 | +116.8% |
| 2030 | ~$3,064,662 | ~$1,875,672 | ~1.8024% | ~$33,807 | +163.1% |
In 2025, this property's market value of $1,164,645 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -18% 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 | $1,164,645 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $954,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $597,400 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $580,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $574,000 | $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.