900 S CAPITAL OF TX HY TX 78746
| Owner | MI LAS CIMAS IV LLC |
|---|---|
| Parcel ID | 0110270110 |
| Short ID | 109593 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 85,200 SF |
| Land SF | 340,596 SF |
| Acres | 7.819 |
| Year Built | 2007 |
| Legal | ABS 702 SUR 506 SWESEY J ACR 7.8190 |
| Neighborhood | 51SWE |
| Land | $6,811,913 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,811,913 |
| Improvement | $27,489,481 |
|---|---|
| Total Improvement | $27,489,481 |
| Market | $34,301,394 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $34,301,394 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $34,301,394 |
| Taxable Value | $34,301,394 |
|---|
Appreciation: Market value has fallen -31.3% from $49,938,584 (2021) to $34,301,394 (2025), a CAGR of -9.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 6 taxing entities is 2.0127% in 2025 (+0.0345% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $690,379. Eanes ISD is the largest single contributor, at 42.1% 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 20% of market value ($6,811,913 land vs $27,489,481 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $34,301,394, 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 -9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $21,448,958 by 2030, with an estimated annual tax burden around $367,247. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 115,000 SF | ✓ |
| 551 | PAVED AREA | 35,422 SF | ✗ |
| 1ST | 1st Floor | 28,400 SF | ✓ |
| 2ND | 2nd Floor | 28,400 SF | ✓ |
| 3RD | 3rd Floor | 28,400 SF | ✓ |
| 4TH | 4th Floor | 28,400 SF | ✓ |
| 5TH | 5th Floor | 28,400 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $274,792.44 | $274,792.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $173,030.41 | $173,030.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $124,104.02 | $124,104.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,971.19 | $38,971.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $34,142.68 | $34,142.68 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $7,372.14 | $7,372.14 | Paid |
| Combined Rate | 2.2531% | 2.0504% | 1.9011% | 1.9782% | 2.0127% | +0.0345% | $652,412.88 | $652,412.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $34,698,406 | $34,301,394 | +1.2% |
| Assessed Value | $34,698,406 | $34,301,394 | +1.2% |
| Land Value | $6,811,913 | $6,811,913 | +0.0% |
| Improvement Value | $27,886,493 | $27,489,481 | +1.4% |
| Taxable Value | $34,698,406 | $34,301,394 | +1.2% |
| Total Tax 2026 = estimate |
~$698,370
Estimated
|
~$652,413
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $34,698,406 | $34,698,406 | +0 (+0.0%) |
| Taxable Value | $34,698,406 | $34,698,406 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $34,698,406 | $6,811,913 | $27,886,493 | — | $34,698,406 | $34,698,406 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $34,301,394 | $6,811,913 | $27,489,481 | — | $34,301,394 | $34,301,394 | ~$652,413 | Partial |
| 2024 | $50,488,584 | — | — | −$43,676,671 | $6,811,913 | $— | $702,890 | Verified |
| 2023 | $59,112,018 | — | — | −$52,300,105 | $6,811,913 | $— | $942,422 | Verified |
| 2022 | $50,188,584 | — | — | −$43,376,671 | $6,811,913 | $— | $1,088,826 | Verified |
| 2021 | $49,938,584 | — | — | −$43,126,671 | $6,811,913 | $— | $1,107,089 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | -21.7% | -21.7% | ~100% | Not available | Partial |
| 2024 | -17.9% | -17.9% | ~100% | 1.6000% | Verified |
| 2023 | -9.7% | -9.7% | ~100% | 1.7700% | Verified |
| 2022 | +15.8% | +15.8% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.2% | -5.4% | -9.2% | +17.8% | 2023 | -32.1% | 2025 |
| Assessment Ratio | 100.0% | 42.0% | — | 100.0% | 2025 | 11.5% | 2023 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$652,413 | $898,728 | ~$481,355 | $1,107,089 | 2021 | $652,413 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,227,028 | ~$31,227,028 | ~1.9526% | ~$609,735 | -9.0% |
| 2027 | ~$28,428,212 | ~$28,428,212 | ~1.8925% | ~$538,001 | -17.1% |
| 2028 | ~$25,880,248 | ~$25,880,248 | ~1.8324% | ~$474,227 | -24.6% |
| 2029 | ~$23,560,653 | ~$23,560,653 | ~1.7723% | ~$417,563 | -31.3% |
| 2030 | ~$21,448,958 | ~$21,448,958 | ~1.7122% | ~$367,247 | -37.5% |
| 2026 | ~$32,586,324 | ~$32,586,324 | ~2.0127% | ~$655,860 | -5.0% |
| 2027 | ~$30,957,008 | ~$30,957,008 | ~2.0127% | ~$623,067 | -9.8% |
| 2028 | ~$29,409,158 | ~$29,409,158 | ~2.0127% | ~$591,914 | -14.3% |
| 2029 | ~$27,938,700 | ~$27,938,700 | ~2.0127% | ~$562,318 | -18.5% |
| 2030 | ~$26,541,765 | ~$26,541,765 | ~2.0127% | ~$534,202 | -22.6% |
| 2026 | ~$31,913,056 | ~$31,913,056 | ~1.9225% | ~$613,540 | -7.0% |
| 2027 | ~$29,691,014 | ~$29,691,014 | ~1.8324% | ~$544,055 | -13.4% |
| 2028 | ~$27,623,687 | ~$27,623,687 | ~1.7422% | ~$481,271 | -19.5% |
| 2029 | ~$25,700,305 | ~$25,700,305 | ~1.6521% | ~$424,593 | -25.1% |
| 2030 | ~$23,910,844 | ~$23,910,844 | ~1.5619% | ~$373,475 | -30.3% |
In 2025, this property's market value of $34,301,394 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 24× 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 | $34,301,394 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $50,488,584 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $59,112,018 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $50,188,584 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $49,938,584 | $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.