3107 OAK CREEK DR TX 78727
| Owner | TMF HEALTH QUALITY INSTITUTE |
|---|---|
| Parcel ID | 0266131021 |
| Short ID | 505679 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 50,530 SF |
| Land SF | 333,340 SF |
| Acres | 7.652 |
| Year Built | 2008 |
| Legal | ACR 7.6524 OF LOT 1 NORTH FORK CROSSING SEC 1 |
| Neighborhood | 51FNW |
| Land | $4,666,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,666,760 |
| Improvement | $6,705,955 |
|---|---|
| Total Improvement | $6,705,955 |
| Market | $11,372,715 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,372,715 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,372,715 |
| Taxable Value | $11,372,715 |
|---|
Appreciation: Market value has fallen -18.2% from $13,897,000 (2021) to $11,372,715 (2025), a CAGR of -4.9% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $232,741. 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 41% of market value ($4,666,760 land vs $6,705,955 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,372,715, this parcel sits in the top quartile (≥75th 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 -4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,852,033 by 2030, with an estimated annual tax burden around $166,750. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 75,782 SF | ✗ |
| 1ST | 1st Floor | 25,265 SF | ✓ |
| 2ND | 2nd Floor | 25,265 SF | ✓ |
| 387 | PARKING GAR UNDR | 25,243 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 1 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% | $105,220.36 | $105,220.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $59,594.96 | $59,594.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $42,743.78 | $42,743.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,422.42 | $13,422.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,759.39 | $11,759.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $232,740.91 | $232,740.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,338,965 | $11,372,715 | -0.3% |
| Assessed Value | $11,338,965 | $11,372,715 | -0.3% |
| Land Value | $4,666,760 | $4,666,760 | +0.0% |
| Improvement Value | $6,672,205 | $6,705,955 | -0.5% |
| Taxable Value | $11,335,690 | $11,372,715 | -0.3% |
| Total Tax 2026 = estimate |
~$231,983
Estimated
|
~$232,741
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,338,965 | $11,338,965 | +0 (+0.0%) |
| Taxable Value | $11,335,690 | $11,335,690 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,338,965 | $4,666,760 | $6,672,205 | — | $11,338,965 | $11,335,690 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,372,715 | $4,666,760 | $6,705,955 | — | $11,372,715 | $11,372,715 | ~$232,741 | Partial |
| 2024 | $12,400,000 | — | — | −$7,733,240 | $4,666,760 | $— | $268,370 | Verified |
| 2023 | $15,000,000 | — | — | −$10,333,240 | $4,666,760 | $— | $224,347 | Verified |
| 2022 | $15,483,343 | — | — | −$10,816,583 | $4,666,760 | $— | $297,033 | Verified |
| 2021 | $13,897,000 | — | — | −$9,230,240 | $4,666,760 | $— | $337,023 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2025 | -16.0% | -16.0% | ~100% | Not available | Partial |
| 2024 | +9.2% | +9.2% | ~100% | 1.9800% | Verified |
| 2023 | -21.5% | -21.5% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.3% | -3.5% | -4.8% | +11.4% | 2022 | -17.3% | 2024 |
| Assessment Ratio | 100.0% | 55.4% | — | 100.0% | 2025 | 30.1% | 2022 |
| 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 |
$232,741 | $271,903 | ~$191,498 | $337,023 | 2021 | $224,347 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,816,828 | ~$10,816,828 | ~2.0139% | ~$217,844 | -4.9% |
| 2027 | ~$10,288,113 | ~$10,288,113 | ~1.9814% | ~$203,847 | -9.5% |
| 2028 | ~$9,785,240 | ~$9,785,240 | ~1.9488% | ~$190,699 | -14.0% |
| 2029 | ~$9,306,947 | ~$9,306,947 | ~1.9163% | ~$178,348 | -18.2% |
| 2030 | ~$8,852,033 | ~$8,852,033 | ~1.8837% | ~$166,750 | -22.2% |
| 2026 | ~$10,804,079 | ~$10,804,079 | ~2.0465% | ~$221,104 | -5.0% |
| 2027 | ~$10,263,875 | ~$10,263,875 | ~2.0465% | ~$210,049 | -9.8% |
| 2028 | ~$9,750,682 | ~$9,750,682 | ~2.0465% | ~$199,546 | -14.3% |
| 2029 | ~$9,263,147 | ~$9,263,147 | ~2.0465% | ~$189,569 | -18.5% |
| 2030 | ~$8,799,990 | ~$8,799,990 | ~2.0465% | ~$180,090 | -22.6% |
| 2026 | ~$11,044,282 | ~$11,044,282 | ~1.9977% | ~$220,627 | -2.9% |
| 2027 | ~$10,725,335 | ~$10,725,335 | ~1.9488% | ~$209,020 | -5.7% |
| 2028 | ~$10,415,598 | ~$10,415,598 | ~1.9000% | ~$197,898 | -8.4% |
| 2029 | ~$10,114,806 | ~$10,114,806 | ~1.8512% | ~$187,245 | -11.1% |
| 2030 | ~$9,822,701 | ~$9,822,701 | ~1.8024% | ~$177,042 | -13.6% |
In 2025, this property's market value of $11,372,715 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,372,715 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $15,483,343 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,897,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.