200 MICHAEL ANGELO WAY TX 78728
| Owner | BREIT CS - AUSTIN LLC |
|---|---|
| Parcel ID | 0282200114 |
| Short ID | 481887 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 125,969 SF |
| Land SF | 671,434 SF |
| Acres | 15.414 |
| Year Built | 1993 |
| Legal | LOT 1 CORRIDOR PARK I RESUB OF REMAINDER OF LOT 1 |
| Neighborhood | 69FNOR |
| Land | $3,021,453 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,021,453 |
| Improvement | $19,048,547 |
|---|---|
| Total Improvement | $19,048,547 |
| Market | $22,070,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $22,070,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $22,070,000 |
| Taxable Value | $22,070,000 |
|---|
Appreciation: Market value has risen +57.5% from $14,010,707 (2021) to $22,070,000 (2025), a CAGR of 12.0% 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 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $411,025. Round Rock ISD is the largest single contributor, at 48.0% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 14% of market value ($3,021,453 land vs $19,048,547 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~33 yrs), and rent roll drive the underwriting.
Submarket Position: At $22,070,000, 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 +12.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $38,947,554 by 2030, with an estimated annual tax burden around $554,345. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 203,320 SF | ✗ |
| 093 | HVAC COMMRCL SF | 136,492 SF | ✗ |
| 1ST | 1st Floor | 125,969 SF | ✓ |
| 491 | SPRINKLER HEADS | 121,330 SF | ✗ |
| 881 | COMMCL FINISHOUT | 32,975 SF | ✓ |
| 272 | COLDSTG VAULT LG | 20,988 SF | ✓ |
| MEZZ | Mezzanine | 11,240 SF | ✓ |
| 611 | TERRACE | 4,440 SF | ✗ |
| 407 | LOADING DOCK | 1,428 SF | ✓ |
| 501 | CANOPY | 934 SF | ✗ |
| 435 | FENCE IRON LF | 465 SF | ✗ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 327 | STORAGE COMM'L | 2 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% | $187,551.00 | $187,551.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,927.45 | $78,927.45 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $78,120.00 | $78,120.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,784.83 | $24,784.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,714.00 | $21,714.00 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $391,097.28 | $391,097.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $22,100,000 | $22,070,000 | +0.1% |
| Assessed Value | $22,100,000 | $22,070,000 | +0.1% |
| Land Value | $3,021,453 | $3,021,453 | +0.0% |
| Improvement Value | $19,078,547 | $19,048,547 | +0.2% |
| Taxable Value | $22,100,000 | $22,070,000 | +0.1% |
| Total Tax 2026 = estimate |
~$411,583
Estimated
|
~$391,097
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $22,100,000 | $22,100,000 | +0 (+0.0%) |
| Taxable Value | $22,100,000 | $22,100,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $22,100,000 | $3,021,453 | $19,078,547 | — | $22,100,000 | $22,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $22,070,000 | $3,021,453 | $19,048,547 | — | $22,070,000 | $22,070,000 | ~$391,097 | Partial |
| 2024 | $21,727,995 | — | — | −$18,706,542 | $3,021,453 | $— | $362,165 | Verified |
| 2023 | $19,752,723 | — | — | −$16,731,270 | $3,021,453 | $— | $386,507 | Verified |
| 2022 | $16,824,600 | — | — | −$13,803,147 | $3,021,453 | $— | $379,296 | Verified |
| 2021 | $14,010,707 | — | — | −$11,996,406 | $2,014,301 | $— | $327,598 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -11.0% | -11.0% | ~100% | 1.6400% | Verified |
| 2023 | +25.5% | +25.5% | ~100% | 1.5600% | Verified |
| 2022 | +17.4% | +17.4% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 2.3400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +9.8% | +12.0% | +20.1% | 2022 | +0.1% | 2026 |
| Assessment Ratio | 100.0% | 43.6% | — | 100.0% | 2025 | 13.9% | 2024 |
| Effective Tax Rate (2025) | 1.7700% | 1.7700% | — | 1.7700% | 2025 | 1.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$391,097 | $369,333 | ~$494,800 | $391,097 | 2025 | $327,598 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$24,725,091 | ~$24,277,000 | ~1.8018% | ~$437,427 | +12.0% |
| 2027 | ~$27,699,599 | ~$26,704,700 | ~1.7413% | ~$464,999 | +25.5% |
| 2028 | ~$31,031,948 | ~$29,375,170 | ~1.6807% | ~$493,711 | +40.6% |
| 2029 | ~$34,765,191 | ~$32,312,687 | ~1.6202% | ~$523,516 | +57.5% |
| 2030 | ~$38,947,554 | ~$35,543,956 | ~1.5596% | ~$554,345 | +76.5% |
| 2026 | ~$24,283,691 | ~$24,277,000 | ~1.8624% | ~$452,127 | +10.0% |
| 2027 | ~$26,719,423 | ~$26,704,700 | ~1.8624% | ~$497,340 | +21.1% |
| 2028 | ~$29,399,466 | ~$29,375,170 | ~1.8624% | ~$547,074 | +33.2% |
| 2029 | ~$32,348,326 | ~$32,312,687 | ~1.8624% | ~$601,781 | +46.6% |
| 2030 | ~$35,592,966 | ~$35,543,956 | ~1.8624% | ~$661,959 | +61.3% |
| 2026 | ~$25,166,491 | ~$24,277,000 | ~1.7715% | ~$430,076 | +14.0% |
| 2027 | ~$28,697,430 | ~$26,704,700 | ~1.6807% | ~$448,828 | +30.0% |
| 2028 | ~$32,723,771 | ~$29,375,170 | ~1.5899% | ~$467,030 | +48.3% |
| 2029 | ~$37,315,020 | ~$32,312,687 | ~1.4991% | ~$484,384 | +69.1% |
| 2030 | ~$42,550,436 | ~$35,543,956 | ~1.4082% | ~$500,538 | +92.8% |
In 2025, this property's market value of $22,070,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 16× 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 | $22,070,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,727,995 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $19,752,723 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $16,824,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,010,707 | $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.