8000 METROPOLIS DR TX 78744
| Owner | MET CENTER PARTNERS-13 LTD |
|---|---|
| Parcel ID | 0316180306 |
| Short ID | 759179 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 138,850 SF |
| Land SF | 613,604 SF |
| Acres | 14.086 |
| Year Built | 2020 |
| Legal | LOT 2-A BLK A MET CENTER II SEC 1 RESUB |
| Neighborhood | 51SEA |
| Land | $3,681,624 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,681,624 |
| Improvement | $25,451,302 |
|---|---|
| Total Improvement | $25,451,302 |
| Market | $29,132,926 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,132,926 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,132,926 |
| Taxable Value | $29,132,926 |
|---|
Appreciation: Market value has risen +70.7% from $17,064,963 (2021) to $29,132,926 (2025), a CAGR of 14.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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.
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 $603,105. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 13% of market value ($3,681,624 land vs $25,451,302 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $29,132,926, 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $56,850,272 by 2030, with an estimated annual tax burden around $826,566. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 473,000 SF | ✗ |
| 1ST | 1st Floor | 138,850 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% | $276,442.33 | $276,442.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $152,661.48 | $152,661.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $109,494.65 | $109,494.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $34,383.55 | $34,383.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $30,123.45 | $30,123.45 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $603,105.46 | $603,105.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,202,811 | $29,132,926 | +3.7% |
| Assessed Value | $30,202,811 | $29,132,926 | +3.7% |
| Land Value | $3,681,624 | $3,681,624 | +0.0% |
| Improvement Value | $26,521,187 | $25,451,302 | +4.2% |
| Taxable Value | $30,202,811 | $29,132,926 | +3.7% |
| Total Tax 2026 = estimate |
~$625,254
Estimated
|
~$603,105
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $31,947,666 | $30,202,811 | -1,744,855 (-5.5%) |
| Taxable Value | $31,947,666 | $30,202,811 | -1,744,855 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,202,811 | $3,681,624 | $26,521,187 | — | $30,202,811 | $30,202,811 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,132,926 | $3,681,624 | $25,451,302 | — | $29,132,926 | $29,132,926 | ~$603,105 | Partial |
| 2024 | $29,350,403 | — | — | −$25,668,779 | $3,681,624 | $— | $541,789 | Verified |
| 2023 | $29,642,300 | — | — | −$25,960,676 | $3,681,624 | $— | $573,080 | Verified |
| 2022 | $17,064,963 | — | — | −$13,383,339 | $3,681,624 | $— | $641,140 | Verified |
| 2021 | $17,064,963 | — | — | −$13,383,339 | $3,681,624 | $— | $395,392 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.7% | +9.7% | ~100% | Not available | Partial |
| 2025 | +9.1% | +9.1% | ~100% | Not available | Partial |
| 2024 | -9.0% | -9.0% | ~100% | 2.0300% | Verified |
| 2023 | -1.0% | -1.0% | ~100% | 1.9500% | Verified |
| 2022 | +73.7% | +73.7% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +70.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.7% | +15.1% | +13.5% | +73.7% | 2023 | -1.0% | 2024 |
| Assessment Ratio | 100.0% | 44.7% | — | 100.0% | 2025 | 12.4% | 2023 |
| 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 |
$603,105 | $550,901 | ~$733,034 | $641,140 | 2022 | $395,392 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$33,300,733 | ~$32,046,219 | ~2.0085% | ~$643,644 | +14.3% |
| 2027 | ~$38,064,794 | ~$35,250,840 | ~1.9468% | ~$686,259 | +30.7% |
| 2028 | ~$43,510,410 | ~$38,775,925 | ~1.8851% | ~$730,961 | +49.4% |
| 2029 | ~$49,735,085 | ~$42,653,517 | ~1.8234% | ~$777,740 | +70.7% |
| 2030 | ~$56,850,272 | ~$46,918,869 | ~1.7617% | ~$826,566 | +95.1% |
| 2026 | ~$32,718,075 | ~$32,046,219 | ~2.0702% | ~$663,416 | +12.3% |
| 2027 | ~$36,744,418 | ~$35,250,840 | ~2.0702% | ~$729,758 | +26.1% |
| 2028 | ~$41,266,250 | ~$38,775,925 | ~2.0702% | ~$802,733 | +41.6% |
| 2029 | ~$46,344,546 | ~$42,653,517 | ~2.0702% | ~$883,007 | +59.1% |
| 2030 | ~$52,047,787 | ~$46,918,869 | ~2.0702% | ~$971,307 | +78.7% |
| 2026 | ~$33,883,392 | ~$32,046,219 | ~1.9776% | ~$633,758 | +16.3% |
| 2027 | ~$39,408,476 | ~$35,250,840 | ~1.8851% | ~$664,510 | +35.3% |
| 2028 | ~$45,834,491 | ~$38,775,925 | ~1.7925% | ~$695,075 | +57.3% |
| 2029 | ~$53,308,343 | ~$42,653,517 | ~1.7000% | ~$725,107 | +83.0% |
| 2030 | ~$62,000,894 | ~$46,918,869 | ~1.6074% | ~$754,196 | +112.8% |
In 2025, this property's market value of $29,132,926 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $29,132,926 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $29,350,403 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $29,642,300 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $17,064,963 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $17,064,963 | $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.