100 MICHAEL ANGELO WAY TX 78728
| Owner | CORRIDOR PARK LP |
|---|---|
| Parcel ID | 0282230402 |
| Short ID | 506963 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 56,430 SF |
| Land SF | 217,974 SF |
| Acres | 5.004 |
| Year Built | 1999 |
| Legal | LOT 2 BLK A CORRIDOR PARK POINTE II REPLAT OF LOT 1 |
| Neighborhood | 66FNOR |
| Land | $1,307,844 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,307,844 |
| Improvement | $11,442,156 |
|---|---|
| Total Improvement | $11,442,156 |
| Market | $12,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,750,000 |
| Taxable Value | $12,750,000 |
|---|
Appreciation: Market value has risen +35.2% from $9,427,440 (2021) to $12,750,000 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. 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 $237,452. 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 10% of market value ($1,307,844 land vs $11,442,156 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,750,000, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,595,407 by 2030, with an estimated annual tax burden around $290,015. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 114,650 SF | ✗ |
| 1ST | 1st Floor | 56,430 SF | ✓ |
| 491 | SPRINKLER HEADS | 56,430 SF | ✗ |
| 881 | COMMCL FINISHOUT | 49,079 SF | ✓ |
| 093 | HVAC COMMRCL SF | 6,666 SF | ✗ |
| 501 | CANOPY | 686 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $113,870.25 | $113,870.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $47,920.24 | $47,920.24 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $47,430.00 | $47,430.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,047.93 | $15,047.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,183.50 | $13,183.50 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $237,451.92 | $237,451.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,845,623 | $12,750,000 | -14.9% |
| Assessed Value | $10,845,623 | $12,750,000 | -14.9% |
| Land Value | $1,307,844 | $1,307,844 | +0.0% |
| Improvement Value | $9,537,779 | $11,442,156 | -16.6% |
| Taxable Value | $10,845,623 | $12,750,000 | -14.9% |
| Total Tax 2026 = estimate |
~$201,985
Estimated
|
~$237,452
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,261,925 | $10,845,623 | -3,416,302 (-24.0%) |
| Taxable Value | $14,261,925 | $10,845,623 | -3,416,302 (-24.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,845,623 | $1,307,844 | $9,537,779 | — | $10,845,623 | $10,845,623 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,750,000 | $1,307,844 | $11,442,156 | — | $12,750,000 | $12,750,000 | ~$237,452 | Partial |
| 2024 | $12,331,781 | — | — | −$11,023,937 | $1,307,844 | $— | $231,417 | Verified |
| 2023 | $11,900,000 | — | — | −$10,592,156 | $1,307,844 | $— | $217,649 | Verified |
| 2022 | $10,743,834 | — | — | −$9,435,990 | $1,307,844 | $— | $229,641 | Verified |
| 2021 | $9,427,440 | — | — | −$8,555,544 | $871,896 | $— | $226,112 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.9% | +11.9% | ~100% | Not available | Partial |
| 2025 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2024 | +11.8% | +11.8% | ~100% | 1.6800% | Verified |
| 2023 | -5.5% | -5.5% | ~100% | 1.7600% | Verified |
| 2022 | +21.5% | +21.5% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.9% | +3.4% | +11.6% | +14.0% | 2022 | -14.9% | 2026 |
| Assessment Ratio | 100.0% | 40.5% | — | 100.0% | 2025 | 9.2% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$237,452 | $228,454 | ~$268,812 | $237,452 | 2025 | $217,649 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,749,575 | ~$13,749,575 | ~1.8018% | ~$247,742 | +7.8% |
| 2027 | ~$14,827,516 | ~$14,827,516 | ~1.7413% | ~$258,186 | +16.3% |
| 2028 | ~$15,989,964 | ~$15,989,964 | ~1.6807% | ~$268,745 | +25.4% |
| 2029 | ~$17,243,546 | ~$17,243,546 | ~1.6202% | ~$279,373 | +35.2% |
| 2030 | ~$18,595,407 | ~$18,595,407 | ~1.5596% | ~$290,015 | +45.8% |
| 2026 | ~$13,494,575 | ~$13,494,575 | ~1.8624% | ~$251,319 | +5.8% |
| 2027 | ~$14,282,633 | ~$14,282,633 | ~1.8624% | ~$265,995 | +12.0% |
| 2028 | ~$15,116,711 | ~$15,116,711 | ~1.8624% | ~$281,529 | +18.6% |
| 2029 | ~$15,999,497 | ~$15,999,497 | ~1.8624% | ~$297,970 | +25.5% |
| 2030 | ~$16,933,837 | ~$16,933,837 | ~1.8624% | ~$315,370 | +32.8% |
| 2026 | ~$14,004,575 | ~$14,004,575 | ~1.7715% | ~$248,096 | +9.8% |
| 2027 | ~$15,382,599 | ~$15,382,599 | ~1.6807% | ~$258,537 | +20.6% |
| 2028 | ~$16,896,217 | ~$16,896,217 | ~1.5899% | ~$268,630 | +32.5% |
| 2029 | ~$18,558,772 | ~$18,558,772 | ~1.4991% | ~$278,206 | +45.6% |
| 2030 | ~$20,384,919 | ~$20,384,919 | ~1.4082% | ~$287,065 | +59.9% |
In 2025, this property's market value of $12,750,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,750,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,331,781 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,743,834 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,427,440 | $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.