701 S CAPITAL OF TX HY TX 78746
| Owner | WESTLAKE RETAIL LP |
|---|---|
| Parcel ID | 0115230502 |
| Short ID | 813896 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 221,274 SF |
| Land SF | 2,095,039 SF |
| Acres | 48.095 |
| Year Built | 1995 |
| Legal | 48.0955 A OF LOT 1 LOOP 360/RM 2244 CENTER |
| Neighborhood | 42SWE |
| Land | $41,900,780 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,900,780 |
| Improvement | $36,689,220 |
|---|---|
| Total Improvement | $36,689,220 |
| Market | $78,590,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $78,590,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $78,590,000 |
| Exemptions (−) (SO) | −$202,044 |
|---|---|
| Taxable Value | $78,387,956 |
Appreciation: Market value has risen +9.3% from $71,900,000 (2021) to $78,590,000 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. 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 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 1.6379% in 2025 (-0.0111% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $1,283,878. Eanes ISD is the largest single contributor, at 50.8% 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 53% of market value ($41,900,780 land vs $36,689,220 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $78,590,000, 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 +2.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $91,104,750 by 2031, with an estimated annual tax burden around $1,345,563. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 366,490 SF | ✗ |
| 1ST | 1st Floor | 221,274 SF | ✓ |
| 491 | SPRINKLER HEADS | 217,429 SF | ✗ |
| SO | Sketch Only | 215,296 SF | ✗ |
| 501 | CANOPY | 16,640 SF | ✗ |
| 611 | TERRACE | 14,148 SF | ✗ |
| 511 | DECK | 7,338 SF | ✗ |
| 503 | CANOPY - BANK | 1,696 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 343 SF | ✓ |
| 482 | LIGHT POLES | 78 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $652,344.57 | $652,344.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $294,617.21 | $294,617.21 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $138,576.58 | $138,576.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $92,515.82 | $92,515.82 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $59,418.07 | $59,418.07 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $46,405.67 | $46,405.67 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $1,283,877.92 | $1,283,877.92 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $652,344.57 | 50.8% |
| TCO Travis County | 0.3758% | $294,617.21 | 22.9% |
| CWH City of West Lake Hills | 0.1768% | $138,576.58 | 10.8% |
| THD Travis Central Health | 0.1180% | $92,515.82 | 7.2% |
| E09 Travis County ESD # 09 | 0.0758% | $59,418.07 | 4.6% |
| W10 WCID # 10 | 0.0592% | $46,405.67 | 3.6% |
| Total | 1.6379% | $1,283,877.92 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $80,934,736 | $78,590,000 | +3.0% |
| Assessed Value | $80,934,736 | $78,590,000 | +3.0% |
| Land Value | $41,900,780 | $41,900,780 | +0.0% |
| Improvement Value | $39,033,956 | $36,689,220 | +6.4% |
| Taxable Value | $80,774,289 | $78,387,956 | +3.0% |
| Exemptions | SO | SO | |
| Total Tax 2026 = estimate |
~$1,322,962
Estimated
|
~$1,283,878
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $80,934,736 | $41,900,780 | $39,033,956 | — | $80,934,736 | $80,774,289 | Not yet — post-cert | Preliminary |
| 2025 | $78,590,000 | $41,900,780 | $36,689,220 | — | $78,590,000 | $78,387,956 | ~$1,283,878 | Partial |
| 2024 | $81,500,000 | $41,900,780 | $39,599,220 | — | $81,500,000 | $81,256,358 | $1,339,847 | Verified |
| 2023 | $79,017,000 | $41,900,780 | $37,116,220 | — | $79,017,000 | $79,017,000 | $1,271,263 | Verified |
| 2022 | $77,000,000 | $41,900,780 | $35,099,220 | — | $77,000,000 | $77,000,000 | $1,318,258 | Verified |
| 2021 | $71,900,000 | $41,900,780 | $29,999,220 | — | $71,900,000 | $71,900,000 | $1,270,170 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | No billing data | Verified |
| 2023 | +2.6% | +2.6% | ~100% | No billing data | Verified |
| 2022 | +7.1% | +7.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | +2.4% | +2.4% | +7.1% | 2022 | -3.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,283,878 | $1,296,683 | ~$1,338,693 | $1,339,847 | 2024 | $1,270,170 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$82,873,593 | ~$82,873,593 | ~1.6057% | ~$1,330,676 | +2.4% |
| 2028 | ~$84,858,897 | ~$84,858,897 | ~1.5735% | ~$1,335,244 | +4.8% |
| 2029 | ~$86,891,760 | ~$86,891,760 | ~1.5413% | ~$1,339,267 | +7.4% |
| 2030 | ~$88,973,322 | ~$88,973,322 | ~1.5091% | ~$1,342,717 | +9.9% |
| 2031 | ~$91,104,750 | ~$91,104,750 | ~1.4769% | ~$1,345,563 | +12.6% |
| 2027 | ~$81,254,898 | ~$81,254,898 | ~1.6379% | ~$1,330,834 | +0.4% |
| 2028 | ~$81,576,327 | ~$81,576,327 | ~1.6379% | ~$1,336,099 | +0.8% |
| 2029 | ~$81,899,027 | ~$81,899,027 | ~1.6379% | ~$1,341,384 | +1.2% |
| 2030 | ~$82,223,003 | ~$82,223,003 | ~1.6379% | ~$1,346,690 | +1.6% |
| 2031 | ~$82,548,262 | ~$82,548,262 | ~1.6379% | ~$1,352,018 | +2.0% |
| 2027 | ~$84,492,288 | ~$84,492,288 | ~1.5896% | ~$1,343,071 | +4.4% |
| 2028 | ~$88,206,214 | ~$88,206,214 | ~1.5413% | ~$1,359,527 | +9.0% |
| 2029 | ~$92,083,389 | ~$92,083,389 | ~1.4930% | ~$1,374,834 | +13.8% |
| 2030 | ~$96,130,989 | ~$96,130,989 | ~1.4448% | ~$1,388,861 | +18.8% |
| 2031 | ~$100,356,504 | ~$100,356,504 | ~1.3965% | ~$1,401,465 | +24.0% |
In 2025, this property's market value of $78,590,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 57× 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 | $78,590,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $81,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $79,017,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $77,000,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $71,900,000 | $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 | — |