1120 S CAPITAL OF TX HY TX 78746
| Owner | AREIT CITY VIEW LLC |
|---|---|
| Parcel ID | 0111210201 |
| Short ID | 111180 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 139,776 SF |
| Land SF | 366,949 SF |
| Acres | 8.424 |
| Year Built | 1985 |
| Legal | LOT 2 SETTING THE |
| Neighborhood | 51SWE |
| Land | $7,338,980 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,338,980 |
| Improvement | $20,894,803 |
|---|---|
| Total Improvement | $20,894,803 |
| Market | $28,233,783 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $28,233,783 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $28,233,783 |
| Taxable Value | $28,233,783 |
|---|
Appreciation: Market value has fallen -26.5% from $38,389,579 (2021) to $28,233,783 (2025), a CAGR of -7.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.9860% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $560,735. Eanes ISD is the largest single contributor, at 41.9% 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 26% of market value ($7,338,980 land vs $20,894,803 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $28,233,783, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 -6.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $20,453,603 by 2031, with an estimated annual tax burden around $347,277. 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 | 168,375 SF | ✗ |
| 491 | SPRINKLER HEADS | 139,776 SF | ✗ |
| 3RD | 3rd Floor | 50,904 SF | ✓ |
| 2ND | 2nd Floor | 47,376 SF | ✓ |
| 187 | PARKING GARAGE | 41,847 SF | ✓ |
| 1ST | 1st Floor | 41,496 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 9,408 SF | ✗ |
| 482 | LIGHT POLES | 14 SF | ✓ |
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.
| 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% | $234,961.54 | $234,961.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $147,949.82 | $147,949.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $106,115.26 | $106,115.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $33,322.36 | $33,322.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $29,193.73 | $29,193.73 | Paid |
| L6P Lost Creek Limited District | 0.0408% | 0.0375% | 0.0354% | 0.0333% | 0.0326% | -0.0007% | $9,192.64 | $9,192.64 | Paid |
| Combined Rate | 2.2166% | 2.0204% | 1.8731% | 1.9501% | 1.9860% | +0.0359% | $560,735.35 | $560,735.35 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $234,961.54 | 41.9% |
| CAT City of Austin | 0.5240% | $147,949.82 | 26.4% |
| TCO Travis County | 0.3758% | $106,115.26 | 18.9% |
| THD Travis Central Health | 0.1180% | $33,322.36 | 5.9% |
| ACT Austin Community College | 0.1034% | $29,193.73 | 5.2% |
| L6P Lost Creek Limited District | 0.0326% | $9,192.64 | 1.6% |
| Total | 1.9860% | $560,735.35 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $28,021,513 | $28,233,783 | -0.8% |
| Assessed Value | $28,021,513 | $28,233,783 | -0.8% |
| Land Value | $7,338,980 | $7,338,980 | +0.0% |
| Improvement Value | $20,682,533 | $20,894,803 | -1.0% |
| Taxable Value | $28,021,513 | $28,233,783 | -0.8% |
| Total Tax 2026 = estimate |
~$556,520
Estimated
|
~$560,735
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $28,021,513 | $7,338,980 | $20,682,533 | — | $28,021,513 | $28,021,513 | Not yet — post-cert | Preliminary |
| 2025 | $28,233,783 | $7,338,980 | $20,894,803 | — | $28,233,783 | $28,233,783 | ~$560,735 | Partial |
| 2024 | $31,535,237 | $7,338,980 | $24,196,257 | — | $31,535,237 | $31,535,237 | $586,586 | Verified |
| 2023 | $35,293,710 | $7,338,980 | $27,954,730 | — | $35,293,710 | $35,293,710 | $661,103 | Verified |
| 2022 | $41,861,370 | $7,338,980 | $34,522,390 | — | $41,861,370 | $41,861,370 | $845,777 | Verified |
| 2021 | $38,389,579 | $7,338,980 | $31,050,599 | — | $38,389,579 | $38,389,579 | $850,935 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | -10.6% | -10.6% | ~100% | No billing data | Verified |
| 2023 | -15.7% | -15.7% | ~100% | No billing data | Verified |
| 2022 | +9.0% | +9.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.8% | -5.7% | -6.1% | +9.0% | 2022 | -15.7% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$560,735 | $701,027 | ~$423,978 | $850,935 | 2021 | $560,735 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$26,311,598 | ~$26,311,598 | ~1.9284% | ~$507,396 | -6.1% |
| 2028 | ~$24,706,025 | ~$24,706,025 | ~1.8708% | ~$462,195 | -11.8% |
| 2029 | ~$23,198,426 | ~$23,198,426 | ~1.8131% | ~$420,621 | -17.2% |
| 2030 | ~$21,782,823 | ~$21,782,823 | ~1.7555% | ~$382,399 | -22.3% |
| 2031 | ~$20,453,603 | ~$20,453,603 | ~1.6979% | ~$347,277 | -27.0% |
| 2027 | ~$26,620,437 | ~$26,620,437 | ~1.9860% | ~$528,694 | -5.0% |
| 2028 | ~$25,289,415 | ~$25,289,415 | ~1.9860% | ~$502,259 | -9.8% |
| 2029 | ~$24,024,945 | ~$24,024,945 | ~1.9860% | ~$477,146 | -14.3% |
| 2030 | ~$22,823,697 | ~$22,823,697 | ~1.9860% | ~$453,289 | -18.5% |
| 2031 | ~$21,682,513 | ~$21,682,513 | ~1.9860% | ~$430,624 | -22.6% |
| 2027 | ~$26,872,028 | ~$26,872,028 | ~1.8996% | ~$510,459 | -4.1% |
| 2028 | ~$25,769,697 | ~$25,769,697 | ~1.8131% | ~$467,241 | -8.0% |
| 2029 | ~$24,712,586 | ~$24,712,586 | ~1.7267% | ~$426,710 | -11.8% |
| 2030 | ~$23,698,838 | ~$23,698,838 | ~1.6402% | ~$388,718 | -15.4% |
| 2031 | ~$22,726,676 | ~$22,726,676 | ~1.5538% | ~$353,125 | -18.9% |
In 2025, this property's market value of $28,233,783 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 20× the county median of $1,382,921. 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 | $28,233,783 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $31,535,237 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $35,293,710 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $41,861,370 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $38,389,579 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |