701 E F M RD 1626 TX
| Owner | ONION CREEK MOB PARTNERS LLC |
|---|---|
| Parcel ID | 0443112601 |
| Short ID | 861454 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 36,075 SF |
| Land SF | 145,882 SF |
| Acres | 3.349 |
| Year Built | 2020 |
| Legal | LOT 1A1-3 DOUBLE CREEK VILLAGE BLK B RESUB LT 1A1, LOT 1A, & LT 1 |
| Neighborhood | 55SOU |
| Land | $1,458,824 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,458,824 |
| Improvement | $10,003,961 |
|---|---|
| Total Improvement | $10,003,961 |
| Market | $11,462,785 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,462,785 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,462,785 |
| Taxable Value | $11,462,785 |
|---|
Appreciation: Market value has risen +154.1% from $4,510,727 (2021) to $11,462,785 (2025), a CAGR of 26.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $234,584. 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 13% of market value ($1,458,824 land vs $10,003,961 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,462,785, 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 +26.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $36,778,554 by 2030, with an estimated annual tax burden around $347,756. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 55,650 SF | ✗ |
| 1ST | 1st Floor | 12,025 SF | ✓ |
| 2ND | 2nd Floor | 12,025 SF | ✓ |
| 3RD | 3rd Floor | 12,025 SF | ✓ |
| 482 | LIGHT POLES | 12 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $106,053.69 | $106,053.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60,066.94 | $60,066.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,082.30 | $43,082.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,528.72 | $13,528.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,852.52 | $11,852.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $234,584.17 | $234,584.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,378,764 | $11,462,785 | -0.7% |
| Assessed Value | $11,378,764 | $11,462,785 | -0.7% |
| Land Value | $1,458,824 | $1,458,824 | +0.0% |
| Improvement Value | $9,919,940 | $10,003,961 | -0.8% |
| Taxable Value | $11,378,764 | $11,462,785 | -0.7% |
| Total Tax 2026 = estimate |
~$232,865
Estimated
|
~$234,584
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,378,764 | $11,378,764 | +0 (+0.0%) |
| Taxable Value | $11,378,764 | $11,378,764 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,378,764 | $1,458,824 | $9,919,940 | — | $11,378,764 | $11,378,764 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,462,785 | $1,458,824 | $10,003,961 | — | $11,462,785 | $11,462,785 | ~$234,584 | Partial |
| 2024 | $12,068,796 | — | — | −$10,609,972 | $1,458,824 | $— | $214,964 | Verified |
| 2023 | $10,500,000 | — | — | −$9,041,176 | $1,458,824 | $— | $218,354 | Verified |
| 2022 | $7,863,000 | — | — | −$6,404,176 | $1,458,824 | $— | $207,840 | Verified |
| 2021 | $4,510,727 | — | — | −$3,051,903 | $1,458,824 | $— | $171,152 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2024 | -10.1% | -10.1% | ~100% | 1.9800% | Verified |
| 2023 | +9.9% | +9.9% | ~100% | 1.8100% | Verified |
| 2022 | +39.6% | +39.6% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 3.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.7% | +23.4% | +26.4% | +74.3% | 2022 | -5.0% | 2025 |
| Assessment Ratio | 100.0% | 46.1% | — | 100.0% | 2025 | 12.1% | 2024 |
| 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 |
$234,584 | $209,379 | ~$299,090 | $234,584 | 2025 | $171,152 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,472,750 | ~$12,609,064 | ~2.0139% | ~$253,939 | +26.3% |
| 2027 | ~$18,273,088 | ~$13,869,970 | ~1.9814% | ~$274,818 | +59.4% |
| 2028 | ~$23,071,342 | ~$15,256,967 | ~1.9488% | ~$297,334 | +101.3% |
| 2029 | ~$29,129,548 | ~$16,782,664 | ~1.9163% | ~$321,605 | +154.1% |
| 2030 | ~$36,778,554 | ~$18,460,930 | ~1.8837% | ~$347,756 | +220.9% |
| 2026 | ~$14,243,494 | ~$12,609,064 | ~2.0465% | ~$258,043 | +24.3% |
| 2027 | ~$17,698,763 | ~$13,869,970 | ~2.0465% | ~$283,847 | +54.4% |
| 2028 | ~$21,992,232 | ~$15,256,967 | ~2.0465% | ~$312,232 | +91.9% |
| 2029 | ~$27,327,235 | ~$16,782,664 | ~2.0465% | ~$343,455 | +138.4% |
| 2030 | ~$33,956,434 | ~$18,460,930 | ~2.0465% | ~$377,800 | +196.2% |
| 2026 | ~$14,702,005 | ~$12,609,064 | ~1.9977% | ~$251,887 | +28.3% |
| 2027 | ~$18,856,583 | ~$13,869,970 | ~1.9488% | ~$270,303 | +64.5% |
| 2028 | ~$24,185,186 | ~$15,256,967 | ~1.9000% | ~$289,885 | +111.0% |
| 2029 | ~$31,019,576 | ~$16,782,664 | ~1.8512% | ~$310,680 | +170.6% |
| 2030 | ~$39,785,268 | ~$18,460,930 | ~1.8024% | ~$332,734 | +247.1% |
In 2025, this property's market value of $11,462,785 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,462,785 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,068,796 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,863,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,510,727 | $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.