2800 WELLS BRANCH PKWY TX 78728
| Owner | LG WELLS BRANCH LLC |
|---|---|
| Parcel ID | 0267111101 |
| Short ID | 271460 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 83,409 SF |
| Land SF | 316,071 SF |
| Acres | 7.256 |
| Year Built | 1995 |
| Legal | LOT 1 BLK A WELLS BRANCH PHS A SEC 8 |
| Neighborhood | 66FNOR |
| Land | $3,160,710 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,160,710 |
| Improvement | $1,006,034 |
|---|---|
| Total Improvement | $1,006,034 |
| Market | $4,166,744 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,166,744 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,166,744 |
| Taxable Value | $4,166,744 |
|---|
Appreciation: Market value has fallen -60.8% from $10,634,218 (2021) to $4,166,744 (2025), a CAGR of -20.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 7 taxing entities is 1.8536% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $77,236. Round Rock ISD is the largest single contributor, at 48.2% 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 76% of market value ($3,160,710 land vs $1,006,034 improvements), about $10/SF of land. With value concentrated in the land under a ~31-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,166,744, 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 -20.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,291,698 by 2030, with an estimated annual tax burden around $18,713. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 157,500 SF | ✗ |
| 1ST | 1st Floor | 55,508 SF | ✓ |
| 881 | COMMCL FINISHOUT | 28,002 SF | ✓ |
| 2ND | 2nd Floor | 27,901 SF | ✓ |
| 491 | SPRINKLER HEADS | 26,000 SF | ✗ |
| 501 | CANOPY | 2,436 SF | ✗ |
| 093 | HVAC COMMRCL SF | 180 SF | ✗ |
| 482 | LIGHT POLES | 11 SF | ✓ |
| 276 | ELEVATOR COM PAS | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $37,213.19 | $37,213.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,660.50 | $15,660.50 | Paid |
| U32 Wells Branch MUD | 0.3350% | 0.2829% | 0.2570% | 0.2400% | 0.2400% | +0.0000% | $10,000.19 | $10,000.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,917.72 | $4,917.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,308.41 | $4,308.41 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $3,865.28 | $3,865.28 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $1,270.86 | $1,270.86 | Paid |
| Combined Rate | 2.1776% | 1.9656% | 1.7802% | 1.8177% | 1.8536% | +0.0359% | $77,236.15 | $77,236.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,160,710 | $4,166,744 | -24.1% |
| Assessed Value | $3,160,710 | $4,166,744 | -24.1% |
| Land Value | $3,160,710 | $3,160,710 | +0.0% |
| Improvement Value | — | $1,006,034 | — |
| Taxable Value | $3,160,710 | $4,166,744 | -24.1% |
| Total Tax 2026 = estimate |
~$58,588
Estimated
|
~$77,236
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,160,710 | $3,160,710 | +0 (+0.0%) |
| Taxable Value | $3,160,710 | $3,160,710 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,160,710 | $3,160,710 | — | — | $3,160,710 | $3,160,710 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,166,744 | $3,160,710 | $1,006,034 | — | $4,166,744 | $4,166,744 | ~$77,236 | Partial |
| 2024 | $16,707,500 | — | — | −$13,546,790 | $3,160,710 | $— | $92,829 | Verified |
| 2023 | $13,000,000 | — | — | −$9,839,290 | $3,160,710 | $— | $250,744 | Verified |
| 2022 | $10,000,000 | — | — | −$6,839,290 | $3,160,710 | $— | $255,531 | Verified |
| 2021 | $10,634,218 | — | — | −$7,473,508 | $3,160,710 | $— | $217,758 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -24.1% | -24.1% | ~100% | Not available | Partial |
| 2025 | -18.4% | -18.4% | ~100% | Not available | Partial |
| 2024 | -69.4% | -69.4% | ~100% | 1.8200% | Verified |
| 2023 | +28.5% | +28.5% | ~100% | 1.5000% | Verified |
| 2022 | +30.0% | +30.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -58.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.1% | -9.3% | -15.8% | +30.0% | 2023 | -75.1% | 2025 |
| Assessment Ratio | 100.0% | 50.8% | — | 100.0% | 2025 | 18.9% | 2024 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$77,236 | $178,820 | ~$35,897 | $255,531 | 2022 | $77,236 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,296,626 | ~$3,296,626 | ~1.7726% | ~$58,438 | -20.9% |
| 2027 | ~$2,608,209 | ~$2,608,209 | ~1.6917% | ~$44,122 | -37.4% |
| 2028 | ~$2,063,551 | ~$2,063,551 | ~1.6107% | ~$33,237 | -50.5% |
| 2029 | ~$1,632,631 | ~$1,632,631 | ~1.5297% | ~$24,974 | -60.8% |
| 2030 | ~$1,291,698 | ~$1,291,698 | ~1.4487% | ~$18,713 | -69.0% |
| 2026 | ~$3,958,407 | ~$3,958,407 | ~1.8536% | ~$73,374 | -5.0% |
| 2027 | ~$3,760,486 | ~$3,760,486 | ~1.8536% | ~$69,706 | -9.8% |
| 2028 | ~$3,572,462 | ~$3,572,462 | ~1.8536% | ~$66,220 | -14.3% |
| 2029 | ~$3,393,839 | ~$3,393,839 | ~1.8536% | ~$62,909 | -18.5% |
| 2030 | ~$3,224,147 | ~$3,224,147 | ~1.8536% | ~$59,764 | -22.6% |
| 2026 | ~$3,379,961 | ~$3,379,961 | ~1.7322% | ~$58,546 | -18.9% |
| 2027 | ~$2,741,741 | ~$2,741,741 | ~1.6107% | ~$44,160 | -34.2% |
| 2028 | ~$2,224,033 | ~$2,224,033 | ~1.4892% | ~$33,120 | -46.6% |
| 2029 | ~$1,804,081 | ~$1,804,081 | ~1.3677% | ~$24,675 | -56.7% |
| 2030 | ~$1,463,426 | ~$1,463,426 | ~1.2462% | ~$18,238 | -64.9% |
In 2025, this property's market value of $4,166,744 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +194% above 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 | $4,166,744 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,707,500 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $13,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,634,218 | $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.