6800 METROPOLIS DR TX 78744
| Owner | KIPP TEXAS INC |
|---|---|
| Parcel ID | 0318130207 |
| Short ID | 759197 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 166,770 SF |
| Land SF | 588,640 SF |
| Acres | 13.513 |
| Year Built | 2020 |
| Legal | LOT 5 BLK B MET CENTER II SEC 3 |
| Neighborhood | 66SEA |
| Land | $3,531,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,531,840 |
| Improvement | $47,827,505 |
|---|---|
| Total Improvement | $47,827,505 |
| Market | $51,359,345 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $51,359,345 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $51,359,345 |
| Taxable Value | $51,359,345 |
|---|
Appreciation: Market value has risen +1194.3% from $3,968,160 (2021) to $51,359,345 (2025), a CAGR of 89.7% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant market over the same period.
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 7% of market value ($3,531,840 land vs $47,827,505 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 $51,359,345, 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 +89.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,260,832,379 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 307,400 SF | ✗ |
| 881 | COMMCL FINISHOUT | 166,770 SF | ✓ |
| 093 | HVAC COMMRCL SF | 166,770 SF | ✗ |
| 1ST | 1st Floor | 132,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 132,000 SF | ✗ |
| 2ND | 2nd Floor | 34,770 SF | ✓ |
| 611 | TERRACE | 4,000 SF | ✗ |
| 273 | COLDSTG VAULT SM | 1,000 SF | ✓ |
| 408 | LOADING RAMP | 480 SF | ✓ |
| 482 | LIGHT POLES | 44 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $47,216,007 | $51,359,345 | -8.1% |
| Assessed Value | $47,216,007 | $51,359,345 | -8.1% |
| Land Value | $3,531,840 | $3,531,840 | +0.0% |
| Improvement Value | $43,684,167 | $47,827,505 | -8.7% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,216,007 | $47,216,007 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $47,216,007 | $3,531,840 | $43,684,167 | — | $47,216,007 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $51,359,345 | $3,531,840 | $47,827,505 | — | $51,359,345 | $— | not in county billing file ⓘ | Partial |
| 2024 | $54,586,637 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $47,932,903 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $34,855,238 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $3,968,160 | — | — | — | — | $— | $355,515 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2025 | -7.6% | -7.6% | ~100% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | No billing data | Verified |
| 2023 | +13.9% | +13.9% | ~100% | No billing data | Verified |
| 2022 | +37.5% | +37.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 8.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.1% | +163.2% | +93.0% | +778.4% | 2022 | -8.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $355,515 | $355,515 | — | $355,515 | 2021 | $355,515 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$97,415,273 | ~$56,495,280 | ~0.0000% | ~$0 | +89.7% |
| 2027 | ~$184,771,348 | ~$62,144,807 | ~0.0000% | ~$0 | +259.8% |
| 2028 | ~$350,463,023 | ~$68,359,288 | ~0.0000% | ~$0 | +582.4% |
| 2029 | ~$664,736,885 | ~$75,195,217 | ~0.0000% | ~$0 | +1194.3% |
| 2030 | ~$1,260,832,379 | ~$82,714,739 | ~0.0000% | ~$0 | +2354.9% |
| 2026 | ~$96,388,086 | ~$56,495,280 | ~0.0000% | ~$0 | +87.7% |
| 2027 | ~$180,895,281 | ~$62,144,807 | ~0.0000% | ~$0 | +252.2% |
| 2028 | ~$339,493,229 | ~$68,359,288 | ~0.0000% | ~$0 | +561.0% |
| 2029 | ~$637,140,186 | ~$75,195,217 | ~0.0000% | ~$0 | +1140.6% |
| 2030 | ~$1,195,745,838 | ~$82,714,739 | ~0.0000% | ~$0 | +2228.2% |
| 2026 | ~$98,442,460 | ~$56,495,280 | ~0.0000% | ~$0 | +91.7% |
| 2027 | ~$188,688,503 | ~$62,144,807 | ~0.0000% | ~$0 | +267.4% |
| 2028 | ~$361,666,613 | ~$68,359,288 | ~0.0000% | ~$0 | +604.2% |
| 2029 | ~$693,220,504 | ~$75,195,217 | ~0.0000% | ~$0 | +1249.7% |
| 2030 | ~$1,328,722,779 | ~$82,714,739 | ~0.0000% | ~$0 | +2487.1% |
In 2025, this property's market value of $51,359,345 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 604× 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 | $51,359,345 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $54,586,637 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $47,932,903 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $34,855,238 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $3,968,160 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |