METROPOLIS DR TX 78744
| Owner | MET CENTER PROPERTY OWNERS ASSOCIATION INC |
|---|---|
| Parcel ID | 0316180506 |
| Short ID | 832333 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 955,881 SF |
| Acres | 21.944 |
| Year Built | — |
| Legal | LOT 1 BLK D MET CENTER II SEC 3 AMD PLAT OF RESUB OF LT 4 BLK D |
| Neighborhood | 67ALL |
| Land | $47,794 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $47,794 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $47,794 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,794 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,794 |
| Taxable Value | $47,794 |
|---|
Appreciation: Market value has fallen +0.0% from $47,794 (2021) to $47,794 (2025), a CAGR of 0.0% over 4 years. Growth has been relatively flat for this asset class. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $989. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($47,794 land vs $0 improvements), about $0/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $47,794, this parcel sits in the lower-middle (25th–50th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $47,794 by 2030, with an estimated annual tax burden around $842. 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.
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% | $453.52 | $453.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $250.45 | $250.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $179.63 | $179.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56.41 | $56.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49.42 | $49.42 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $989.43 | $989.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $47,794 | $47,794 | +0.0% |
| Assessed Value | $47,794 | $47,794 | +0.0% |
| Land Value | $47,794 | $47,794 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $47,794 | $47,794 | +0.0% |
| Total Tax 2026 = estimate |
~$989
Estimated
|
~$989
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,794 | $47,794 | +0 (+0.0%) |
| Taxable Value | $47,794 | $47,794 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $47,794 | $47,794 | — | — | $47,794 | $47,794 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $47,794 | $47,794 | — | — | $47,794 | $47,794 | ~$989 | Partial |
| 2024 | $— | — | — | — | $47,794 | $— | $969 | Verified |
| 2023 | $— | — | — | — | $47,794 | $— | $933 | Verified |
| 2022 | $— | — | — | — | $47,794 | $— | $1,034 | Verified |
| 2021 | $47,794 | — | — | — | $47,794 | $— | $1,107 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.9500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | 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% | +0.0% | +0.0% | +0.0% | 2025 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$989 | $1,048 | ~$901 | $1,107 | 2021 | $989 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$47,794 | ~$47,794 | ~2.0085% | ~$960 | +0.0% |
| 2027 | ~$47,794 | ~$47,794 | ~1.9468% | ~$930 | +0.0% |
| 2028 | ~$47,794 | ~$47,794 | ~1.8851% | ~$901 | +0.0% |
| 2029 | ~$47,794 | ~$47,794 | ~1.8234% | ~$871 | +0.0% |
| 2030 | ~$47,794 | ~$47,794 | ~1.7617% | ~$842 | +0.0% |
| 2026 | ~$46,838 | ~$46,838 | ~2.0702% | ~$970 | -2.0% |
| 2027 | ~$45,901 | ~$45,901 | ~2.0702% | ~$950 | -4.0% |
| 2028 | ~$44,983 | ~$44,983 | ~2.0702% | ~$931 | -5.9% |
| 2029 | ~$44,084 | ~$44,084 | ~2.0702% | ~$913 | -7.8% |
| 2030 | ~$43,202 | ~$43,202 | ~2.0702% | ~$894 | -9.6% |
| 2026 | ~$48,750 | ~$48,750 | ~1.9776% | ~$964 | +2.0% |
| 2027 | ~$49,725 | ~$49,725 | ~1.8851% | ~$937 | +4.0% |
| 2028 | ~$50,719 | ~$50,719 | ~1.7925% | ~$909 | +6.1% |
| 2029 | ~$51,734 | ~$51,734 | ~1.7000% | ~$879 | +8.2% |
| 2030 | ~$52,768 | ~$52,768 | ~1.6074% | ~$848 | +10.4% |
In 2025, this property's market value of $47,794 places it in the 25th–50th percentile for Land/Vacant properties in Travis County (35611 comparable) — -44% below the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $47,794 | $24,862 | $85,028 | $363,420 | ↓ Below median | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $47,794 | $6,000 | $14,480 | $80,000 | ↑ Above median | 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.