3711 S MO-PAC EXPRESSWAY TX 78745
| Owner | B H 3711 S MOPAC EXPRESSWAY LLC |
|---|---|
| Parcel ID | 0407180216 |
| Short ID | 310494 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 213,718 SF |
| Land SF | 720,918 SF |
| Acres | 16.550 |
| Year Built | 2006 |
| Legal | LOT 1 BLK A MOPAC/360 NO 1 |
| Neighborhood | 51SWE |
| Land | $21,627,540 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $21,627,540 |
| Improvement | $7,372,460 |
|---|---|
| Total Improvement | $7,372,460 |
| Market | $29,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,000,000 |
| Taxable Value | $29,000,000 |
|---|
Appreciation: Market value has fallen -62.2% from $76,668,800 (2021) to $29,000,000 (2025), a CAGR of -21.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $566,511. Eanes ISD is the largest single contributor, at 62.5% 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 75% of market value ($21,627,540 land vs $7,372,460 improvements), about $30/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 $29,000,000, 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 -21.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,602,450 by 2030, with an estimated annual tax burden around $144,144. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 279,194 SF | ✓ |
| 1ST | 1st Floor | 213,718 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $241,338.00 | $241,338.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $108,995.05 | $108,995.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $34,226.67 | $34,226.67 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,133.32 | $1,133.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $223.63 | $223.63 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $385,916.67 | $385,916.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $29,000,000 | $29,000,000 | +0.0% |
| Assessed Value | $29,000,000 | $29,000,000 | +0.0% |
| Land Value | $21,627,540 | $21,627,540 | +0.0% |
| Improvement Value | $7,372,460 | $7,372,460 | +0.0% |
| Taxable Value | $29,000,000 | $29,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$566,511
Estimated
|
~$385,917
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $29,000,000 | $29,000,000 | +0 (+0.0%) |
| Taxable Value | $29,000,000 | $29,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $29,000,000 | $21,627,540 | $7,372,460 | — | $29,000,000 | $29,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,000,000 | $21,627,540 | $7,372,460 | — | $29,000,000 | $29,000,000 | ~$385,917 | Partial |
| 2024 | $52,900,000 | — | — | −$31,272,460 | $21,627,540 | $— | $447,446 | Verified |
| 2023 | $84,000,000 | — | — | −$62,372,460 | $21,627,540 | $— | $685,358 | Verified |
| 2022 | $75,100,000 | — | — | −$60,681,640 | $14,418,360 | $— | $1,194,889 | Verified |
| 2021 | $76,668,800 | — | — | −$62,250,440 | $14,418,360 | $— | $1,149,945 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -36.0% | -36.0% | ~100% | Not available | Partial |
| 2024 | -29.8% | -29.8% | ~100% | 0.9900% | Verified |
| 2023 | -31.2% | -31.2% | ~100% | 1.0600% | Verified |
| 2022 | +23.3% | +23.3% | ~100% | 1.2700% | Verified |
| 2021 | base year | — | ~100% | 1.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -61.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -14.5% | -21.6% | +11.9% | 2023 | -45.2% | 2025 |
| Assessment Ratio | 100.0% | 50.8% | — | 100.0% | 2025 | 18.8% | 2021 |
| Effective Tax Rate (2025) | 1.3300% | 1.3300% | — | 1.3300% | 2025 | 1.3300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$385,917 | $772,711 | ~$268,838 | $1,194,889 | 2022 | $385,917 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,742,742 | ~$22,742,742 | ~1.8979% | ~$431,637 | -21.6% |
| 2027 | ~$17,835,598 | ~$17,835,598 | ~1.8423% | ~$328,592 | -38.5% |
| 2028 | ~$13,987,255 | ~$13,987,255 | ~1.7868% | ~$249,919 | -51.8% |
| 2029 | ~$10,969,260 | ~$10,969,260 | ~1.7312% | ~$189,899 | -62.2% |
| 2030 | ~$8,602,450 | ~$8,602,450 | ~1.6756% | ~$144,144 | -70.3% |
| 2026 | ~$27,550,000 | ~$27,550,000 | ~1.9535% | ~$538,185 | -5.0% |
| 2027 | ~$26,172,500 | ~$26,172,500 | ~1.9535% | ~$511,276 | -9.8% |
| 2028 | ~$24,863,875 | ~$24,863,875 | ~1.9535% | ~$485,712 | -14.3% |
| 2029 | ~$23,620,681 | ~$23,620,681 | ~1.9535% | ~$461,426 | -18.5% |
| 2030 | ~$22,439,647 | ~$22,439,647 | ~1.9535% | ~$438,355 | -22.6% |
| 2026 | ~$23,322,742 | ~$23,322,742 | ~1.8701% | ~$436,164 | -19.6% |
| 2027 | ~$18,756,907 | ~$18,756,907 | ~1.7868% | ~$335,142 | -35.3% |
| 2028 | ~$15,084,914 | ~$15,084,914 | ~1.7034% | ~$256,957 | -48.0% |
| 2029 | ~$12,131,778 | ~$12,131,778 | ~1.6200% | ~$196,540 | -58.2% |
| 2030 | ~$9,756,770 | ~$9,756,770 | ~1.5367% | ~$149,931 | -66.4% |
In 2025, this property's market value of $29,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 20× 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 | $29,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $52,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $84,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $75,100,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $76,668,800 | $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.