7620 METRO CENTER DR TX 78744
| Owner | MET CENTER PORTFOLIO LLC |
|---|---|
| Parcel ID | 0312180312 |
| Short ID | 483325 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 22,500 SF |
| Land SF | 157,120 SF |
| Acres | 3.607 |
| Year Built | 2001 |
| Legal | LOT 2D BLK A METRO CENTER SEC 3 RESUB OF LOT 2 |
| Neighborhood | 66SEA |
| Land | $785,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $785,600 |
| Improvement | $9,714,400 |
|---|---|
| Total Improvement | $9,714,400 |
| Market | $10,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,500,000 |
| Taxable Value | $10,500,000 |
|---|
Appreciation: Market value has risen +54.4% from $6,798,960 (2021) to $10,500,000 (2025), a CAGR of 11.5% 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $217,369. Del Valle ISD is the largest single contributor, at 45.8% 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 7% of market value ($785,600 land vs $9,714,400 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,500,000, 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 +11.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,076,853 by 2030, with an estimated annual tax burden around $297,908. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 54,786 SF | ✗ |
| 491 | SPRINKLER HEADS | 41,663 SF | ✗ |
| 881 | COMMCL FINISHOUT | 34,812 SF | ✓ |
| 1ST | 1st Floor | 22,500 SF | ✓ |
| MEZZ | Mezzanine | 19,163 SF | ✓ |
| 093 | HVAC COMMRCL SF | 9,136 SF | ✗ |
| 501 | CANOPY | 2,956 SF | ✗ |
| 611 | TERRACE | 508 SF | ✗ |
| 482 | LIGHT POLES | 14 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $99,634.50 | $99,634.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $55,021.79 | $55,021.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,463.73 | $39,463.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,392.42 | $12,392.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,857.00 | $10,857.00 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $217,369.44 | $217,369.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,828,638 | $10,500,000 | +3.1% |
| Assessed Value | $10,828,638 | $10,500,000 | +3.1% |
| Land Value | $785,600 | $785,600 | +0.0% |
| Improvement Value | $10,043,038 | $9,714,400 | +3.4% |
| Taxable Value | $10,828,638 | $10,500,000 | +3.1% |
| Total Tax 2026 = estimate |
~$224,173
Estimated
|
~$217,369
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,561,509 | $10,828,638 | -732,871 (-6.3%) |
| Taxable Value | $11,561,509 | $10,828,638 | -732,871 (-6.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,828,638 | $785,600 | $10,043,038 | — | $10,828,638 | $10,828,638 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,500,000 | $785,600 | $9,714,400 | — | $10,500,000 | $10,500,000 | ~$217,369 | Partial |
| 2024 | $13,366,312 | — | — | −$12,580,712 | $785,600 | $— | $263,174 | Verified |
| 2023 | $11,737,051 | — | — | −$10,951,451 | $785,600 | $— | $260,984 | Verified |
| 2022 | $9,140,557 | — | — | −$8,354,957 | $785,600 | $— | $253,863 | Verified |
| 2021 | $6,798,960 | — | — | −$6,013,360 | $785,600 | $— | $211,785 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | -22.8% | -22.8% | ~100% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | 1.9300% | Verified |
| 2023 | +13.9% | +13.9% | ~100% | 1.9500% | Verified |
| 2022 | +28.4% | +28.4% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 3.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.1% | +11.7% | +10.8% | +34.4% | 2022 | -21.4% | 2025 |
| Assessment Ratio | 100.0% | 38.8% | — | 100.0% | 2025 | 5.9% | 2024 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$217,369 | $241,435 | ~$264,198 | $263,174 | 2024 | $211,785 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,705,124 | ~$11,550,000 | ~2.0085% | ~$231,980 | +11.5% |
| 2027 | ~$13,048,564 | ~$12,705,000 | ~1.9468% | ~$247,339 | +24.3% |
| 2028 | ~$14,546,195 | ~$13,975,500 | ~1.8851% | ~$263,451 | +38.5% |
| 2029 | ~$16,215,715 | ~$15,373,050 | ~1.8234% | ~$280,311 | +54.4% |
| 2030 | ~$18,076,853 | ~$16,910,355 | ~1.7617% | ~$297,908 | +72.2% |
| 2026 | ~$11,495,124 | ~$11,495,124 | ~2.0702% | ~$237,970 | +9.5% |
| 2027 | ~$12,584,559 | ~$12,584,559 | ~2.0702% | ~$260,524 | +19.9% |
| 2028 | ~$13,777,243 | ~$13,777,243 | ~2.0702% | ~$285,214 | +31.2% |
| 2029 | ~$15,082,963 | ~$15,082,963 | ~2.0702% | ~$312,245 | +43.6% |
| 2030 | ~$16,512,431 | ~$16,512,431 | ~2.0702% | ~$341,838 | +57.3% |
| 2026 | ~$11,915,124 | ~$11,550,000 | ~1.9776% | ~$228,417 | +13.5% |
| 2027 | ~$13,520,969 | ~$12,705,000 | ~1.8851% | ~$239,501 | +28.8% |
| 2028 | ~$15,343,239 | ~$13,975,500 | ~1.7925% | ~$250,517 | +46.1% |
| 2029 | ~$17,411,104 | ~$15,373,050 | ~1.7000% | ~$261,341 | +65.8% |
| 2030 | ~$19,757,662 | ~$16,910,355 | ~1.6074% | ~$271,825 | +88.2% |
In 2025, this property's market value of $10,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,366,312 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,737,051 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,140,557 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,798,960 | $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.