2706 MONTOPOLIS DR TX 78741
| Owner | UNIVERSITY OF TEXAS |
|---|---|
| Parcel ID | 0315110303 |
| Short ID | 292083 |
| Type | Real |
| Use Code | 27 Major Industrial — Office |
| Valuation | Cost |
| Improvement SF | 329,758 SF |
| Land SF | 4,225,320 SF |
| Acres | 97.000 |
| Year Built | 1979 |
| Legal | LOT 2 BLK C MARSHALL HILLS SEC 2 (25% TAXABLE) |
| Neighborhood | 00EXE |
| Land | $12,675,960 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,675,960 |
| Improvement | $30,414,108 |
|---|---|
| Total Improvement | $30,414,108 |
| Market | $43,090,068 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,090,068 |
| Value Limitation Adjustment (−) (homestead cap) | −$32,317,551 |
| Net Appraised (assessed) | $10,772,517 |
| Taxable Value | $10,772,517 |
|---|
Appreciation: Market value has risen +298.5% from $10,811,870 (2021) to $43,090,068 (2025), a CAGR of 41.3% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
Assessment Gap: Assessed value ($10,772,517) is $32,317,551 below market value, suggesting potential for an upward assessment in future years.
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 29% of market value ($12,675,960 land vs $30,414,108 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,090,068, 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 +41.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $242,645,720 by 2030, with an estimated annual tax burden around $0. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 518,545 SF | ✗ |
| 491 | SPRINKLER HEADS | 392,710 SF | ✗ |
| 1ST | 1st Floor | 186,338 SF | ✓ |
| 2ND | 2nd Floor | 111,944 SF | ✓ |
| 3RD | 3rd Floor | 31,476 SF | ✓ |
| 4TH | 4th Floor | 31,476 SF | ✓ |
| 5TH | 5th Floor | 31,476 SF | ✓ |
| 541 | FENCE COMM LF | 8,340 SF | ✗ |
| 501 | CANOPY | 6,925 SF | ✗ |
| 327 | STORAGE COMM'L | 6,428 SF | ✓ |
| 335 | PENTHOUSE | 5,480 SF | ✓ |
| 482 | LIGHT POLES | 29 SF | ✓ |
| 276 | ELEVATOR COM PAS | 3 SF | ✓ |
| 333 | MECHANICAL RM FV | 1 SF | ✓ |
| 338 | STREETS PVT FV | 1 SF | ✗ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 589 | STORAGE ATT FV | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $43,090,068 | $43,090,068 | +0.0% |
| Assessed Value | $10,772,517 | $10,772,517 | +0.0% |
| Land Value | $12,675,960 | $12,675,960 | +0.0% |
| Improvement Value | $30,414,108 | $30,414,108 | +0.0% |
| Taxable Value | — | — | — |
| Exemptions | — | F | |
| HS Cap Loss | -$32,317,551 | — | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $43,090,068 | $43,090,068 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $43,090,068 | $12,675,960 | $30,414,108 | −$32,317,551 | $10,772,517 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $43,090,068 | $12,675,960 | $30,414,108 | −$32,317,551 | $10,772,517 | $— | not in county billing file ⓘ | Partial |
| 2024 | $43,090,068 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $43,090,068 | — | — | −$39,921,078 | $3,168,990 | $— | $87,017 | Verified |
| 2022 | $43,090,068 | — | — | −$39,921,078 | $3,168,990 | $— | $233,001 | Verified |
| 2021 | $10,811,870 | — | — | −$7,642,880 | $3,168,990 | $— | $249,597 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +300.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | 25.0% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | 25.0% | 0.2000% | Verified |
| 2022 | +0.0% | -75.0% | 25.0% | 0.5400% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +59.7% | +41.3% | +298.5% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 25.0% | 18.8% | — | 29.3% | 2021 | 7.4% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $87,017 | $189,872 | — | $249,597 | 2021 | $87,017 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$60,883,032 | ~$11,849,769 | ~0.0000% | ~$0 | +41.3% |
| 2027 | ~$86,023,154 | ~$13,034,746 | ~0.0000% | ~$0 | +99.6% |
| 2028 | ~$121,544,260 | ~$14,338,220 | ~0.0000% | ~$0 | +182.1% |
| 2029 | ~$171,732,916 | ~$15,772,042 | ~0.0000% | ~$0 | +298.5% |
| 2030 | ~$242,645,720 | ~$17,349,246 | ~0.0000% | ~$0 | +463.1% |
| 2026 | ~$60,021,230 | ~$11,849,769 | ~0.0000% | ~$0 | +39.3% |
| 2027 | ~$83,605,069 | ~$13,034,746 | ~0.0000% | ~$0 | +94.0% |
| 2028 | ~$116,455,585 | ~$14,338,220 | ~0.0000% | ~$0 | +170.3% |
| 2029 | ~$162,213,889 | ~$15,772,042 | ~0.0000% | ~$0 | +276.5% |
| 2030 | ~$225,951,772 | ~$17,349,246 | ~0.0000% | ~$0 | +424.4% |
| 2026 | ~$61,744,833 | ~$11,849,769 | ~0.0000% | ~$0 | +43.3% |
| 2027 | ~$88,475,711 | ~$13,034,746 | ~0.0000% | ~$0 | +105.3% |
| 2028 | ~$126,779,053 | ~$14,338,220 | ~0.0000% | ~$0 | +194.2% |
| 2029 | ~$181,664,867 | ~$15,772,042 | ~0.0000% | ~$0 | +321.6% |
| 2030 | ~$260,312,119 | ~$17,349,246 | ~0.0000% | ~$0 | +504.1% |
In 2025, this property's market value of $43,090,068 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 30× 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 | $43,090,068 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $43,090,068 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $43,090,068 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $43,090,068 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,811,870 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |