3500 N CAPITAL OF TX HY TX 78746
| Owner | WESTLAKE AUSTIN HOLDCO LP |
|---|---|
| Parcel ID | 0129190102 |
| Short ID | 728801 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 202,106 SF |
| Land SF | 718,696 SF |
| Acres | 16.499 |
| Year Built | 2007 |
| Legal | LOT 1 BLK D DAVENPORT RANCH WEST TRACT F SEC 4 |
| Neighborhood | 08NWW |
| Land | $17,967,411 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,967,411 |
| Improvement | $32,012,589 |
|---|---|
| Total Improvement | $32,012,589 |
| Market | $49,980,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $49,980,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $49,980,000 |
| Taxable Value | $49,980,000 |
|---|
Appreciation: Market value has risen +16.3% from $42,960,000 (2021) to $49,980,000 (2025), a CAGR of 3.9% 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 Multi-Family parcel countywide rose +19.0%, so this parcel has lagged the broader multi-family 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 $976,352. Eanes ISD is the largest single contributor, at 42.6% of the total 2025 levy.
Asset Class: Multi-family residential. 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 36% of market value ($17,967,411 land vs $32,012,589 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $49,980,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +2.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $53,016,612 by 2031, with an estimated annual tax burden around $888,356. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 200,000 SF | ✗ |
| 1ST | 1st Floor | 80,053 SF | ✓ |
| 2ND | 2nd Floor | 80,053 SF | ✓ |
| 3RD | 3rd Floor | 42,000 SF | ✓ |
| MISC | Miscellaneous | 4,792 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 240 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 180 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $397,375.50 | $397,375.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $250,218.12 | $250,218.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $179,465.99 | $179,465.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56,355.98 | $56,355.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49,373.50 | $49,373.50 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $932,789.09 | $932,789.09 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $397,375.50 | 42.6% |
| CAT City of Austin | 0.5240% | $250,218.12 | 26.8% |
| TCO Travis County | 0.3758% | $179,465.99 | 19.2% |
| THD Travis Central Health | 0.1180% | $56,355.98 | 6.0% |
| ACT Austin Community College | 0.1034% | $49,373.50 | 5.3% |
| Total | 1.9535% | $932,789.09 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $47,724,141 | $49,980,000 | -4.5% |
| Assessed Value | $47,724,141 | $49,980,000 | -4.5% |
| Land Value | $17,967,411 | $17,967,411 | +0.0% |
| Improvement Value | $29,756,730 | $32,012,589 | -7.0% |
| Taxable Value | $47,724,141 | $49,980,000 | -4.5% |
| Total Tax 2026 = estimate |
~$932,284
Estimated
|
~$932,789
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $47,724,141 | $17,967,411 | $29,756,730 | — | $47,724,141 | $47,724,141 | Not yet — post-cert | Preliminary |
| 2025 | $49,980,000 | $17,967,411 | $32,012,589 | — | $49,980,000 | $49,980,000 | ~$932,789 | Partial |
| 2024 | $54,700,000 | $17,967,411 | $36,732,589 | — | $54,700,000 | $54,700,000 | $1,017,634 | Verified |
| 2023 | $59,040,000 | $17,967,411 | $41,072,589 | — | $59,040,000 | $59,040,000 | $1,054,745 | Verified |
| 2022 | $56,784,000 | $17,967,411 | $38,816,589 | — | $56,784,000 | $56,784,000 | $1,084,832 | Verified |
| 2021 | $42,960,000 | $17,967,411 | $24,992,589 | — | $42,960,000 | $42,960,000 | $898,265 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | -8.6% | -8.6% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | No billing data | Verified |
| 2023 | +4.0% | +4.0% | ~100% | No billing data | Verified |
| 2022 | +32.2% | +32.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.5% | +3.1% | +2.1% | +32.2% | 2022 | -8.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$932,789 | $997,653 | ~$907,472 | $1,084,832 | 2022 | $898,265 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$48,738,582 | ~$48,738,582 | ~1.8979% | ~$925,015 | +2.1% |
| 2028 | ~$49,774,586 | ~$49,774,586 | ~1.8423% | ~$917,016 | +4.3% |
| 2029 | ~$50,832,612 | ~$50,832,612 | ~1.7868% | ~$908,259 | +6.5% |
| 2030 | ~$51,913,128 | ~$51,913,128 | ~1.7312% | ~$898,715 | +8.8% |
| 2031 | ~$53,016,612 | ~$53,016,612 | ~1.6756% | ~$888,356 | +11.1% |
| 2027 | ~$47,784,099 | ~$47,784,099 | ~1.9535% | ~$933,455 | +0.1% |
| 2028 | ~$47,844,133 | ~$47,844,133 | ~1.9535% | ~$934,628 | +0.3% |
| 2029 | ~$47,904,242 | ~$47,904,242 | ~1.9535% | ~$935,802 | +0.4% |
| 2030 | ~$47,964,426 | ~$47,964,426 | ~1.9535% | ~$936,978 | +0.5% |
| 2031 | ~$48,024,686 | ~$48,024,686 | ~1.9535% | ~$938,155 | +0.6% |
| 2027 | ~$49,693,065 | ~$49,693,065 | ~1.8701% | ~$929,322 | +4.1% |
| 2028 | ~$51,743,219 | ~$51,743,219 | ~1.7868% | ~$924,529 | +8.4% |
| 2029 | ~$53,877,956 | ~$53,877,956 | ~1.7034% | ~$917,759 | +12.9% |
| 2030 | ~$56,100,763 | ~$56,100,763 | ~1.6200% | ~$908,857 | +17.6% |
| 2031 | ~$58,415,276 | ~$58,415,276 | ~1.5367% | ~$897,658 | +22.4% |
In 2025, this property's market value of $49,980,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 96× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $49,980,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $54,700,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $59,040,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $56,784,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $42,960,000 | $353,349 | $436,046 | $657,886 | ↑ 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 | — |