7900 F M RD 1826 TX 78737
| Owner | LHRET ASCENSION AUSTIN II LP |
|---|---|
| Parcel ID | 0410440409 |
| Short ID | 465022 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 74,466 SF |
| Land SF | 2,529,834 SF |
| Acres | 58.077 |
| Year Built | 2008 |
| Legal | IMP ONLY ON 4.2999AC OF LOT 1 BLK A HAIL SUBD TAXABLE PORTION |
| Neighborhood | 55SWE |
| Land | $20,987,888 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,987,888 |
| Improvement | $29,850,176 |
|---|---|
| Total Improvement | $29,850,176 |
| Market | $60,374,386 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $60,374,386 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $60,374,386 |
| Exemptions (−) | −$50,838,064 |
|---|---|
| Taxable Value | $9,536,322 |
Appreciation: Market value has risen +23.3% from $48,963,453 (2021) to $60,374,386 (2025), a CAGR of 5.4% over 4 years. This represents moderate, steady growth. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $195,159. Austin ISD is the largest single contributor, at 45.2% 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 35% of market value ($20,987,888 land vs $29,850,176 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $60,374,386, 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 +5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $78,447,406 by 2030, with an estimated annual tax burden around $1,477,747. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 124,140 SF | ✗ |
| 491 | SPRINKLER HEADS | 42,782 SF | ✗ |
| 2ND | 2nd Floor | 37,488 SF | ✓ |
| 1ST | 1st Floor | 36,978 SF | ✓ |
| 611 | TERRACE | 3,808 SF | ✗ |
| 501 | CANOPY | 3,362 SF | ✗ |
| LOBBY | Lobby | 456 SF | ✓ |
| 482 | LIGHT POLES | 5 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 465022 | SETON HEALTHCARE | 7900 F M RD 1826 78737 | $2,247,644 | $2,247,644 | $0 |
| 510281 | SETON HEALTHCARE | 7900 F M RD 1826 1 78705 | $49,434,984 | $49,434,984 | $0 |
| 706276 | LHRET ASCENSION AUSTIN II LP | 7900 F M RD 1826 78737 | $11,389,881 | $11,389,881 | $11,389,881 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $88,230.05 | $88,230.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $49,971.95 | $49,971.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $35,841.79 | $35,841.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,255.05 | $11,255.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,860.56 | $9,860.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $195,159.40 | $195,159.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $63,072,509 | $60,374,386 | +4.5% |
| Assessed Value | $63,072,509 | $60,374,386 | +4.5% |
| Land Value | $20,987,888 | $20,987,888 | +0.0% |
| Improvement Value | $30,694,740 | $29,850,176 | +2.8% |
| Taxable Value | $11,389,881 | $9,536,322 | +19.4% |
| Exemptions | — | E | |
| Total Tax 2026 = estimate |
~$233,092
Estimated
|
~$195,159
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $63,072,509 | $63,072,509 | +0 (+0.0%) |
| Taxable Value | $11,389,881 | $11,389,881 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $63,072,509 | $20,987,888 | $30,694,740 | — | $63,072,509 | $11,389,881 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $60,374,386 | $20,987,888 | $29,850,176 | — | $60,374,386 | $9,536,322 | ~$195,159 | Partial |
| 2024 | $62,827,347 | — | — | — | — | $— | $285,401 | Verified |
| 2023 | $55,424,625 | — | — | — | — | $— | $260,685 | Verified |
| 2022 | $53,367,797 | — | — | — | — | $— | $277,788 | Verified |
| 2021 | $48,963,453 | — | — | — | — | $— | $278,180 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.4% | +19.4% | ~100% | Not available | Partial |
| 2025 | -33.8% | -33.8% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 0.4400% | Verified |
| 2023 | +2.4% | +2.4% | ~100% | 0.4000% | Verified |
| 2022 | -65.3% | -65.3% | ~100% | 0.4900% | Verified |
| 2021 | base year | — | ~100% | 0.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -76.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | +5.4% | +4.5% | +13.4% | 2024 | -3.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$195,159 | $259,443 | ~$1,378,146 | $285,401 | 2024 | $195,159 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$63,620,620 | ~$63,620,620 | ~2.0139% | ~$1,281,279 | +5.4% |
| 2027 | ~$67,041,400 | ~$67,041,400 | ~1.9814% | ~$1,328,350 | +11.0% |
| 2028 | ~$70,646,109 | ~$70,646,109 | ~1.9488% | ~$1,376,779 | +17.0% |
| 2029 | ~$74,444,637 | ~$74,444,637 | ~1.9163% | ~$1,426,576 | +23.3% |
| 2030 | ~$78,447,406 | ~$78,447,406 | ~1.8837% | ~$1,477,747 | +29.9% |
| 2026 | ~$62,413,133 | ~$62,413,133 | ~2.0465% | ~$1,277,275 | +3.4% |
| 2027 | ~$64,520,724 | ~$64,520,724 | ~2.0465% | ~$1,320,407 | +6.9% |
| 2028 | ~$66,699,486 | ~$66,699,486 | ~2.0465% | ~$1,364,995 | +10.5% |
| 2029 | ~$68,951,821 | ~$68,951,821 | ~2.0465% | ~$1,411,089 | +14.2% |
| 2030 | ~$71,280,214 | ~$71,280,214 | ~2.0465% | ~$1,458,739 | +18.1% |
| 2026 | ~$64,828,108 | ~$64,828,108 | ~1.9977% | ~$1,295,047 | +7.4% |
| 2027 | ~$69,610,374 | ~$69,610,374 | ~1.9488% | ~$1,356,594 | +15.3% |
| 2028 | ~$74,745,420 | ~$74,745,420 | ~1.9000% | ~$1,420,175 | +23.8% |
| 2029 | ~$80,259,271 | ~$80,259,271 | ~1.8512% | ~$1,485,755 | +32.9% |
| 2030 | ~$86,179,869 | ~$86,179,869 | ~1.8024% | ~$1,553,281 | +42.7% |
In 2025, this property's market value of $60,374,386 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 43× 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 | $60,374,386 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $62,827,347 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $55,424,625 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $53,367,797 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $48,963,453 | $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.