7551 METRO CENTER DR TX 78744
| Owner | BGOGC MET CENTER 10 OWNER LP |
|---|---|
| Parcel ID | 0314180608 |
| Short ID | 719468 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 345,600 SF |
| Land SF | 2,166,311 SF |
| Acres | 49.732 |
| Year Built | 2000 |
| Legal | LOT 5-G & 5-H BLK B METRO CENTER SEC 6 RSB LT 5-E BL B AMD OF RSB LT 5 BL B |
| Neighborhood | 66SEA |
| Land | $6,823,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,823,880 |
| Improvement | $50,676,120 |
|---|---|
| Total Improvement | $50,676,120 |
| Market | $57,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $57,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $57,500,000 |
| Taxable Value | $57,500,000 |
|---|
Appreciation: Market value has risen +8.5% from $53,000,000 (2021) to $57,500,000 (2025), a CAGR of 2.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,190,356. 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 12% of market value ($6,823,880 land vs $50,676,120 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $57,500,000, 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 +2.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $63,666,036 by 2030, with an estimated annual tax burden around $1,121,600. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 793,232 SF | ✗ |
| 491 | SPRINKLER HEADS | 345,600 SF | ✗ |
| 881 | COMMCL FINISHOUT | 345,600 SF | ✓ |
| 1ST | 1st Floor | 172,800 SF | ✓ |
| 2ND | 2nd Floor | 172,800 SF | ✓ |
| 501 | CANOPY | 4,136 SF | ✗ |
| SO | Sketch Only | 3,438 SF | ✗ |
| 611 | TERRACE | 2,734 SF | ✗ |
| 435 | FENCE IRON LF | 2,400 SF | ✗ |
| 541 | FENCE COMM LF | 1,230 SF | ✗ |
| 482 | LIGHT POLES | 54 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $519,522.75 | $519,522.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $286,899.31 | $286,899.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $205,775.14 | $205,775.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $64,617.59 | $64,617.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $56,611.50 | $56,611.50 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $1,133,426.29 | $1,133,426.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $51,126,000 | $57,500,000 | -11.1% |
| Assessed Value | $51,126,000 | $57,500,000 | -11.1% |
| Land Value | $6,823,880 | $6,823,880 | +0.0% |
| Improvement Value | $44,302,120 | $50,676,120 | -12.6% |
| Taxable Value | $51,126,000 | $57,500,000 | -11.1% |
| Total Tax 2026 = estimate |
~$1,058,403
Estimated
|
~$1,133,426
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $69,839,388 | $51,126,000 | -18,713,388 (-26.8%) |
| Taxable Value | $69,839,388 | $51,126,000 | -18,713,388 (-26.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $51,126,000 | $6,823,880 | $44,302,120 | — | $51,126,000 | $51,126,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $57,500,000 | $6,823,880 | $50,676,120 | — | $57,500,000 | $57,500,000 | ~$1,133,426 | Partial |
| 2024 | $64,880,724 | — | — | — | — | $— | $1,154,430 | Verified |
| 2023 | $55,750,000 | — | — | — | — | $— | $1,139,262 | Verified |
| 2022 | $65,173,328 | — | — | — | — | $— | $1,208,346 | Verified |
| 2021 | $53,000,000 | — | — | −$48,309,108 | $4,690,892 | $— | $1,273,939 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.5% | +21.5% | ~100% | Not available | Partial |
| 2025 | -11.4% | -11.4% | ~100% | Not available | Partial |
| 2024 | -0.0% | -0.0% | ~100% | 1.7800% | Verified |
| 2023 | +11.3% | +11.3% | ~100% | 1.7600% | Verified |
| 2022 | -10.5% | -10.5% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.1% | +0.5% | +4.6% | +23.0% | 2022 | -14.5% | 2023 |
| Assessment Ratio | 100.0% | 69.6% | — | 100.0% | 2025 | 8.9% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,133,426 | $1,181,881 | ~$1,151,184 | $1,273,939 | 2021 | $1,133,426 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$58,683,477 | ~$58,683,477 | ~2.0085% | ~$1,178,650 | +2.1% |
| 2027 | ~$59,891,313 | ~$59,891,313 | ~1.9468% | ~$1,165,957 | +4.2% |
| 2028 | ~$61,124,008 | ~$61,124,008 | ~1.8851% | ~$1,152,242 | +6.3% |
| 2029 | ~$62,382,075 | ~$62,382,075 | ~1.8234% | ~$1,137,469 | +8.5% |
| 2030 | ~$63,666,036 | ~$63,666,036 | ~1.7617% | ~$1,121,600 | +10.7% |
| 2026 | ~$57,533,477 | ~$57,533,477 | ~2.0702% | ~$1,191,049 | +0.1% |
| 2027 | ~$57,566,974 | ~$57,566,974 | ~2.0702% | ~$1,191,743 | +0.1% |
| 2028 | ~$57,600,490 | ~$57,600,490 | ~2.0702% | ~$1,192,437 | +0.2% |
| 2029 | ~$57,634,025 | ~$57,634,025 | ~2.0702% | ~$1,193,131 | +0.2% |
| 2030 | ~$57,667,580 | ~$57,667,580 | ~2.0702% | ~$1,193,826 | +0.3% |
| 2026 | ~$59,833,477 | ~$59,833,477 | ~1.9776% | ~$1,183,289 | +4.1% |
| 2027 | ~$62,261,652 | ~$62,261,652 | ~1.8851% | ~$1,173,688 | +8.3% |
| 2028 | ~$64,788,367 | ~$64,788,367 | ~1.7925% | ~$1,161,359 | +12.7% |
| 2029 | ~$67,417,622 | ~$67,417,622 | ~1.7000% | ~$1,146,096 | +17.2% |
| 2030 | ~$70,153,578 | ~$70,153,578 | ~1.6074% | ~$1,127,681 | +22.0% |
In 2025, this property's market value of $57,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 41× 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 | $57,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $64,880,724 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $55,750,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $65,173,328 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $53,000,000 | $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.