614 S CAPITAL OF TX HY TX
| Owner | BORGELT-GRIFFIN L L C |
|---|---|
| Parcel ID | 0115230351 |
| Short ID | 115323 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,968 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 1998 |
| Legal | LOT 1A CEDAR CHOPPERS CORNER AMENDED PLAT OF |
| Neighborhood | 53SWE |
| Land | $653,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $653,400 |
| Improvement | $1,849,417 |
|---|---|
| Total Improvement | $1,849,417 |
| Market | $2,502,817 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,502,817 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,502,817 |
| Taxable Value | $2,502,817 |
|---|
Appreciation: Market value has risen +5.7% from $2,367,292 (2021) to $2,502,817 (2025), a CAGR of 1.4% 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 $50,374. Eanes ISD is the largest single contributor, at 41.3% 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 26% of market value ($653,400 land vs $1,849,417 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,502,817, this parcel sits in the upper-middle (50th–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 +1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,683,185 by 2030, with an estimated annual tax burden around $45,941. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,220 SF | ✗ |
| 491 | SPRINKLER HEADS | 6,968 SF | ✗ |
| 1ST | 1st Floor | 5,844 SF | ✓ |
| 2ND | 2nd Floor | 1,124 SF | ✓ |
| 501 | CANOPY | 200 SF | ✗ |
| 611 | TERRACE | 136 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% | $20,828.44 | $20,828.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,115.19 | $13,115.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,406.71 | $9,406.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,953.90 | $2,953.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,587.91 | $2,587.91 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $1,481.67 | $1,481.67 | Paid |
| Combined Rate | 2.2531% | 2.0504% | 1.9011% | 1.9782% | 2.0127% | +0.0345% | $50,373.82 | $50,373.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,502,817 | $2,502,817 | +0.0% |
| Assessed Value | $2,502,817 | $2,502,817 | +0.0% |
| Land Value | $653,400 | $653,400 | +0.0% |
| Improvement Value | $1,849,417 | $1,849,417 | +0.0% |
| Taxable Value | $2,502,817 | $2,502,817 | +0.0% |
| Total Tax 2026 = estimate |
~$50,374
Estimated
|
~$50,374
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,502,817 | $2,502,817 | +0 (+0.0%) |
| Taxable Value | $2,502,817 | $2,502,817 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,502,817 | $653,400 | $1,849,417 | — | $2,502,817 | $2,502,817 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,502,817 | $653,400 | $1,849,417 | — | $2,502,817 | $2,502,817 | ~$50,374 | Partial |
| 2024 | $2,352,225 | — | — | −$1,698,825 | $653,400 | $— | $50,148 | Verified |
| 2023 | $2,291,800 | — | — | −$1,638,400 | $653,400 | $— | $44,719 | Verified |
| 2022 | $2,277,567 | — | — | −$1,624,167 | $653,400 | $— | $46,992 | Verified |
| 2021 | $2,367,292 | — | — | −$1,713,892 | $653,400 | $— | $51,315 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2024 | +1.3% | +1.3% | ~100% | 1.9800% | Verified |
| 2023 | +9.2% | +9.2% | ~100% | 1.7900% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.2% | +1.4% | +6.4% | 2025 | -3.8% | 2022 |
| Assessment Ratio | 100.0% | 52.1% | — | 100.0% | 2025 | 27.6% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$50,374 | $48,710 | ~$47,782 | $51,315 | 2021 | $44,719 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,537,894 | ~$2,537,894 | ~1.9526% | ~$49,555 | +1.4% |
| 2027 | ~$2,573,462 | ~$2,573,462 | ~1.8925% | ~$48,702 | +2.8% |
| 2028 | ~$2,609,529 | ~$2,609,529 | ~1.8324% | ~$47,817 | +4.3% |
| 2029 | ~$2,646,101 | ~$2,646,101 | ~1.7723% | ~$46,897 | +5.7% |
| 2030 | ~$2,683,185 | ~$2,683,185 | ~1.7122% | ~$45,941 | +7.2% |
| 2026 | ~$2,487,837 | ~$2,487,837 | ~2.0127% | ~$50,072 | -0.6% |
| 2027 | ~$2,472,947 | ~$2,472,947 | ~2.0127% | ~$49,773 | -1.2% |
| 2028 | ~$2,458,146 | ~$2,458,146 | ~2.0127% | ~$49,475 | -1.8% |
| 2029 | ~$2,443,434 | ~$2,443,434 | ~2.0127% | ~$49,179 | -2.4% |
| 2030 | ~$2,428,810 | ~$2,428,810 | ~2.0127% | ~$48,884 | -3.0% |
| 2026 | ~$2,587,950 | ~$2,587,950 | ~1.9225% | ~$49,754 | +3.4% |
| 2027 | ~$2,675,979 | ~$2,675,979 | ~1.8324% | ~$49,034 | +6.9% |
| 2028 | ~$2,767,002 | ~$2,767,002 | ~1.7422% | ~$48,208 | +10.6% |
| 2029 | ~$2,861,121 | ~$2,861,121 | ~1.6521% | ~$47,268 | +14.3% |
| 2030 | ~$2,958,441 | ~$2,958,441 | ~1.5619% | ~$46,209 | +18.2% |
In 2025, this property's market value of $2,502,817 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +77% above 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 | $2,502,817 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,352,225 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,291,800 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,277,567 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,367,292 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.