916 S CAPITAL OF TX HY TX 78746
| Owner | AUSTIN STONE COMMUNITY CHURCH |
|---|---|
| Parcel ID | 0111230504 |
| Short ID | 808728 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 167,958 SF |
| Land SF | 227,514 SF |
| Acres | 5.223 |
| Year Built | 1980 |
| Legal | 35.36% OF LOT 2A HILLS OF LOST CREEK SEC 6-A THE RESUB OF THE REM PT OF LOT 2 (NON-EXEMPT) |
| Neighborhood | 51SWE |
| Land | $4,550,278 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,550,278 |
| Improvement | $5,727,069 |
|---|---|
| Total Improvement | $5,727,069 |
| Market | $10,277,347 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,277,347 |
| Value Limitation Adjustment (−) (homestead cap) | −$6,643,277 |
| Net Appraised (assessed) | $3,634,070 |
| Taxable Value | $3,634,070 |
|---|
Appreciation: Market value has risen +120.0% from $4,671,348 (2021) to $10,277,347 (2025), a CAGR of 21.8% over 4 years. This is strong appreciation — well above typical inflation. 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 +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Assessment Gap: Assessed value ($3,634,070) is $6,643,277 below market value, suggesting potential for an upward assessment in future years.
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 44% of market value ($4,550,278 land vs $5,727,069 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,277,347, 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 +21.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,537,818 by 2030, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 238,356 SF | ✗ |
| 1ST | 1st Floor | 83,979 SF | ✓ |
| 2ND | 2nd Floor | 83,979 SF | ✓ |
| 450 | SPORT COURT | 8,733 SF | ✗ |
| 511 | DECK | 1,782 SF | ✗ |
| 611 | TERRACE | 1,725 SF | ✗ |
| 571C | STORAGE DET COMM | 420 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,238,227 | $10,277,347 | -10.1% |
| Assessed Value | $9,238,227 | $3,634,070 | +154.2% |
| Land Value | $4,550,278 | $4,550,278 | +0.0% |
| Improvement Value | $4,687,949 | $5,727,069 | -18.1% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,238,227 | $9,238,227 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,238,227 | $4,550,278 | $4,687,949 | — | $9,238,227 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,277,347 | $4,550,278 | $5,727,069 | −$6,643,277 | $3,634,070 | $— | not in county billing file ⓘ | Partial |
| 2024 | $11,925,533 | — | — | −$7,098,598 | $4,826,935 | $— | $96,040 | Verified |
| 2023 | $14,728,000 | — | — | −$10,511,132 | $4,216,868 | $— | $78,988 | Verified |
| 2022 | $4,674,000 | — | — | — | $4,826,935 ! | $— | $105,220 | Verified |
| 2021 | $4,671,348 | — | — | −$3,062,370 | $1,608,978 | $— | $103,603 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2025 | -26.2% | +108.7% | ~100% | Not available | Partial |
| 2024 | +16.8% | +16.8% | 35.4% | 0.6900% | Verified |
| 2023 | -19.0% | -19.0% | 35.4% | 0.6600% | Verified |
| 2022 | +63.0% | -42.3% | 35.4% | 0.7100% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.1% | +34.5% | +24.5% | +215.1% | 2023 | -19.0% | 2024 |
| Assessment Ratio | 100.0% | 57.0% | — | 103.3% | 2022 | 28.6% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $96,040 | $95,963 | — | $105,220 | 2022 | $78,988 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,516,725 | ~$3,997,477 | ~0.0000% | ~$0 | +21.8% |
| 2027 | ~$15,244,052 | ~$4,397,225 | ~0.0000% | ~$0 | +48.3% |
| 2028 | ~$18,565,648 | ~$4,836,947 | ~0.0000% | ~$0 | +80.6% |
| 2029 | ~$22,611,003 | ~$5,320,642 | ~0.0000% | ~$0 | +120.0% |
| 2030 | ~$27,537,818 | ~$5,852,706 | ~0.0000% | ~$0 | +167.9% |
| 2026 | ~$12,311,178 | ~$3,997,477 | ~0.0000% | ~$0 | +19.8% |
| 2027 | ~$14,747,494 | ~$4,397,225 | ~0.0000% | ~$0 | +43.5% |
| 2028 | ~$17,665,943 | ~$4,836,947 | ~0.0000% | ~$0 | +71.9% |
| 2029 | ~$21,161,937 | ~$5,320,642 | ~0.0000% | ~$0 | +105.9% |
| 2030 | ~$25,349,770 | ~$5,852,706 | ~0.0000% | ~$0 | +146.7% |
| 2026 | ~$12,722,272 | ~$3,997,477 | ~0.0000% | ~$0 | +23.8% |
| 2027 | ~$15,748,832 | ~$4,397,225 | ~0.0000% | ~$0 | +53.2% |
| 2028 | ~$19,495,394 | ~$4,836,947 | ~0.0000% | ~$0 | +89.7% |
| 2029 | ~$24,133,242 | ~$5,320,642 | ~0.0000% | ~$0 | +134.8% |
| 2030 | ~$29,874,410 | ~$5,852,706 | ~0.0000% | ~$0 | +190.7% |
In 2025, this property's market value of $10,277,347 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,277,347 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,925,533 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,728,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,674,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,671,348 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |