1122 S CAPITAL OF TX HY TX 78746
| Owner | DPF CITYVIEW LP |
|---|---|
| Parcel ID | 0111210202 |
| Short ID | 111181 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 127,184 SF |
| Land SF | 309,015 SF |
| Acres | 7.094 |
| Year Built | 1997 |
| Legal | LOT 1 SETTING THE |
| Neighborhood | 51SWE |
| Land | $6,180,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,180,300 |
| Improvement | $22,631,728 |
|---|---|
| Total Improvement | $22,631,728 |
| Market | $28,812,028 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $28,812,028 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $28,812,028 |
| Taxable Value | $28,812,028 |
|---|
Appreciation: Market value has fallen -25.9% from $38,890,000 (2021) to $28,812,028 (2025), a CAGR of -7.2% 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 1.9860% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $572,220. 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 21% of market value ($6,180,300 land vs $22,631,728 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~29 yrs), and rent roll drive the underwriting.
Submarket Position: At $28,812,028, 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 -7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,803,579 by 2030, with an estimated annual tax burden around $336,240. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 170,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 130,204 SF | ✗ |
| 187 | PARKING GARAGE | 105,453 SF | ✓ |
| 3RD | 3rd Floor | 44,392 SF | ✓ |
| 2ND | 2nd Floor | 43,440 SF | ✓ |
| 1ST | 1st Floor | 39,352 SF | ✓ |
| ATRM | Atrium | 3,020 SF | ✓ |
| 501 | CANOPY | 2,412 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $239,773.70 | $239,773.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $150,979.92 | $150,979.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $108,288.57 | $108,288.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $34,004.82 | $34,004.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $29,791.64 | $29,791.64 | Paid |
| L6P Lost Creek Limited District | 0.0408% | 0.0375% | 0.0354% | 0.0333% | 0.0326% | -0.0007% | $9,380.91 | $9,380.91 | Paid |
| Combined Rate | 2.2166% | 2.0204% | 1.8731% | 1.9501% | 1.9860% | +0.0359% | $572,219.56 | $572,219.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,939,671 | $28,812,028 | -3.0% |
| Assessed Value | $27,939,671 | $28,812,028 | -3.0% |
| Land Value | $6,180,300 | $6,180,300 | +0.0% |
| Improvement Value | $21,759,371 | $22,631,728 | -3.9% |
| Taxable Value | $27,939,671 | $28,812,028 | -3.0% |
| Total Tax 2026 = estimate |
~$554,894
Estimated
|
~$572,220
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,939,671 | $27,939,671 | +0 (+0.0%) |
| Taxable Value | $27,939,671 | $27,939,671 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $27,939,671 | $6,180,300 | $21,759,371 | — | $27,939,671 | $27,939,671 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $28,812,028 | $6,180,300 | $22,631,728 | — | $28,812,028 | $28,812,028 | ~$572,220 | Partial |
| 2024 | $36,660,153 | — | — | −$30,479,853 | $6,180,300 | $— | $593,270 | Verified |
| 2023 | $42,221,000 | — | — | −$36,040,700 | $6,180,300 | $— | $686,699 | Verified |
| 2022 | $39,214,614 | — | — | −$33,034,314 | $6,180,300 | $— | $853,043 | Verified |
| 2021 | $38,890,000 | — | — | −$32,709,700 | $6,180,300 | $— | $869,223 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2025 | -11.8% | -11.8% | ~100% | Not available | Partial |
| 2024 | -10.9% | -10.9% | ~100% | 1.8200% | Verified |
| 2023 | -13.2% | -13.2% | ~100% | 1.8700% | Verified |
| 2022 | +7.7% | +7.7% | ~100% | 2.0200% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.0% | -5.8% | -6.6% | +7.7% | 2023 | -21.4% | 2025 |
| Assessment Ratio | 100.0% | 43.9% | — | 100.0% | 2025 | 14.6% | 2023 |
| 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 |
$572,220 | $714,891 | ~$421,509 | $869,223 | 2021 | $572,220 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$26,730,544 | ~$26,730,544 | ~1.9284% | ~$515,475 | -7.2% |
| 2027 | ~$24,799,434 | ~$24,799,434 | ~1.8708% | ~$463,942 | -13.9% |
| 2028 | ~$23,007,834 | ~$23,007,834 | ~1.8131% | ~$417,165 | -20.1% |
| 2029 | ~$21,345,666 | ~$21,345,666 | ~1.7555% | ~$374,725 | -25.9% |
| 2030 | ~$19,803,579 | ~$19,803,579 | ~1.6979% | ~$336,240 | -31.3% |
| 2026 | ~$27,371,427 | ~$27,371,427 | ~1.9860% | ~$543,609 | -5.0% |
| 2027 | ~$26,002,855 | ~$26,002,855 | ~1.9860% | ~$516,428 | -9.8% |
| 2028 | ~$24,702,713 | ~$24,702,713 | ~1.9860% | ~$490,607 | -14.3% |
| 2029 | ~$23,467,577 | ~$23,467,577 | ~1.9860% | ~$466,076 | -18.5% |
| 2030 | ~$22,294,198 | ~$22,294,198 | ~1.9860% | ~$442,773 | -22.6% |
| 2026 | ~$27,306,785 | ~$27,306,785 | ~1.8996% | ~$518,718 | -5.2% |
| 2027 | ~$25,880,181 | ~$25,880,181 | ~1.8131% | ~$469,245 | -10.2% |
| 2028 | ~$24,528,108 | ~$24,528,108 | ~1.7267% | ~$423,525 | -14.9% |
| 2029 | ~$23,246,672 | ~$23,246,672 | ~1.6402% | ~$381,302 | -19.3% |
| 2030 | ~$22,032,182 | ~$22,032,182 | ~1.5538% | ~$342,334 | -23.5% |
In 2025, this property's market value of $28,812,028 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 20× 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 | $28,812,028 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $36,660,153 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $42,221,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $39,214,614 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $38,890,000 | $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.