7900 METROPOLIS DR TX 78758
| Owner | PREYLOCK MET CENTER LLC |
|---|---|
| Parcel ID | 0316200802 |
| Short ID | 759186 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 143,250 SF |
| Land SF | 759,512 SF |
| Acres | 17.436 |
| Year Built | 2021 |
| Legal | LOT 3-A BLK A MET CENTER II SEC 1 RESUB |
| Neighborhood | 51SEA |
| Land | $4,557,073 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,557,073 |
| Improvement | $18,876,378 |
|---|---|
| Total Improvement | $18,876,378 |
| Market | $23,433,451 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $23,433,451 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $23,433,451 |
| Taxable Value | $23,433,451 |
|---|
Appreciation: Market value has risen +670.6% from $3,041,000 (2021) to $23,433,451 (2025), a CAGR of 66.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced 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 $485,116. 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 19% of market value ($4,557,073 land vs $18,876,378 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $23,433,451, this parcel sits in the top quartile (≥75th 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 +66.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $300,857,637 by 2030, with an estimated annual tax burden around $664,859. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 473,000 SF | ✗ |
| 1ST | 1st Floor | 143,250 SF | ✓ |
| 491 | SPRINKLER HEADS | 143,250 SF | ✗ |
| 881 | COMMCL FINISHOUT | 143,250 SF | ✓ |
| 093 | HVAC COMMRCL SF | 143,250 SF | ✗ |
| 501 | CANOPY | 5,500 SF | ✗ |
| 408 | LOADING RAMP | 800 SF | ✓ |
| 482 | LIGHT POLES | 30 SF | ✓ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
Market value changed by 311% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $222,360.02 | $222,360.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $122,795.27 | $122,795.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $88,073.45 | $88,073.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $27,656.86 | $27,656.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $24,230.19 | $24,230.19 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $485,115.79 | $485,115.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $26,275,000 | $23,433,451 | +12.1% |
| Assessed Value | $26,275,000 | $23,433,451 | +12.1% |
| Land Value | $4,557,073 | $4,557,073 | +0.0% |
| Improvement Value | $21,717,927 | $18,876,378 | +15.1% |
| Taxable Value | $26,275,000 | $23,433,451 | +12.1% |
| Total Tax 2026 = estimate |
~$543,941
Estimated
|
~$485,116
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $42,036,189 | $26,275,000 | -15,761,189 (-37.5%) |
| Taxable Value | $42,036,189 | $26,275,000 | -15,761,189 (-37.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $26,275,000 | $4,557,073 | $21,717,927 | — | $26,275,000 | $26,275,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $23,433,451 | $4,557,073 | $18,876,378 | — | $23,433,451 | $23,433,451 | ~$485,116 | Partial |
| 2024 | $21,186,122 | — | — | −$16,629,049 | $4,557,073 | $— | $349,669 | Verified |
| 2023 | $16,681,270 | — | — | −$12,124,197 | $4,557,073 | $— | $413,669 | Verified |
| 2022 | $— | — | — | — | $4,557,073 | $— | $360,803 | Verified |
| 2021 | $3,041,000 | — | — | — | $3,041,000 | $— | $77,505 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +79.4% ! | +79.4% | ~100% | Not available | Partial |
| 2025 | +35.9% | +35.9% | ~100% | Not available | Partial |
| 2024 | -18.6% | -18.6% | ~100% | 2.0300% | Verified |
| 2023 | +27.0% | +27.0% | ~100% | 1.9500% | Verified |
| 2022 | +311.3% ! | +311.3% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.5500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +477.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.1% | +124.5% | +63.0% | +448.5% | 2023 | +10.6% | 2025 |
| Assessment Ratio | 100.0% | 69.8% | — | 100.0% | 2021 | 21.5% | 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 |
$485,116 | $331,490 | ~$589,626 | $485,116 | 2025 | $77,505 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$39,042,823 | ~$25,776,796 | ~2.0085% | ~$517,723 | +66.6% |
| 2027 | ~$65,049,830 | ~$28,354,476 | ~1.9468% | ~$552,002 | +177.6% |
| 2028 | ~$108,380,494 | ~$31,189,923 | ~1.8851% | ~$587,958 | +362.5% |
| 2029 | ~$180,574,359 | ~$34,308,916 | ~1.8234% | ~$625,586 | +670.6% |
| 2030 | ~$300,857,637 | ~$37,739,807 | ~1.7617% | ~$664,859 | +1183.9% |
| 2026 | ~$38,574,154 | ~$25,776,796 | ~2.0702% | ~$533,627 | +64.6% |
| 2027 | ~$63,497,491 | ~$28,354,476 | ~2.0702% | ~$586,990 | +171.0% |
| 2028 | ~$104,524,168 | ~$31,189,923 | ~2.0702% | ~$645,689 | +346.0% |
| 2029 | ~$172,058,794 | ~$34,308,916 | ~2.0702% | ~$710,258 | +634.2% |
| 2030 | ~$283,228,550 | ~$37,739,807 | ~2.0702% | ~$781,284 | +1108.7% |
| 2026 | ~$39,511,492 | ~$25,776,796 | ~1.9776% | ~$509,772 | +68.6% |
| 2027 | ~$66,620,916 | ~$28,354,476 | ~1.8851% | ~$534,507 | +184.3% |
| 2028 | ~$112,330,522 | ~$31,189,923 | ~1.7925% | ~$559,092 | +379.4% |
| 2029 | ~$189,402,171 | ~$34,308,916 | ~1.7000% | ~$583,250 | +708.3% |
| 2030 | ~$319,353,830 | ~$37,739,807 | ~1.6074% | ~$606,647 | +1262.8% |
In 2025, this property's market value of $23,433,451 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 276× 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 | $23,433,451 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $21,186,122 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $16,681,270 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $3,041,000 | $6,000 | $14,480 | $80,000 | ↑ 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.