701 S CAPITAL OF TX HY TX 78746
| Owner | WESTLAKE RETAIL LP |
|---|---|
| Parcel ID | 0115230502 |
| Short ID | 813896 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 221,274 SF |
| Land SF | 2,095,039 SF |
| Acres | 48.095 |
| Year Built | 1995 |
| Legal | 48.0955 A OF LOT 1 LOOP 360/RM 2244 CENTER |
| Neighborhood | 42SWE |
| Land | $41,900,780 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,900,780 |
| Improvement | $36,689,220 |
|---|---|
| Total Improvement | $36,689,220 |
| Market | $78,590,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $78,590,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $78,590,000 |
| Exemptions (−) | −$202,044 |
|---|---|
| Taxable Value | $78,387,956 |
Appreciation: Market value has fallen -1.8% from $80,000,000 (2021) to $78,590,000 (2025), a CAGR of -0.4% 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 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 1.6379% in 2025 (-0.0111% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $1,283,878. Eanes ISD is the largest single contributor, at 50.8% 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 53% of market value ($41,900,780 land vs $36,689,220 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $78,590,000, 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 -0.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $76,862,396 by 2030, with an estimated annual tax burden around $1,135,212. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 366,490 SF | ✗ |
| 1ST | 1st Floor | 221,274 SF | ✓ |
| 491 | SPRINKLER HEADS | 217,429 SF | ✗ |
| SO | Sketch Only | 215,296 SF | ✗ |
| 501 | CANOPY | 16,640 SF | ✗ |
| 611 | TERRACE | 14,148 SF | ✗ |
| 511 | DECK | 7,338 SF | ✗ |
| 503 | CANOPY - BANK | 1,696 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 343 SF | ✓ |
| 482 | LIGHT POLES | 78 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $652,344.57 | $652,344.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $294,617.21 | $294,617.21 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $138,576.58 | $138,576.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $92,515.82 | $92,515.82 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $59,418.07 | $59,418.07 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $46,405.67 | $46,405.67 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $1,283,877.92 | $1,283,877.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $80,934,736 | $78,590,000 | +3.0% |
| Assessed Value | $80,934,736 | $78,590,000 | +3.0% |
| Land Value | $41,900,780 | $41,900,780 | +0.0% |
| Improvement Value | $39,033,956 | $36,689,220 | +6.4% |
| Taxable Value | $80,774,289 | $78,387,956 | +3.0% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$1,322,962
Estimated
|
~$1,283,878
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $80,934,736 | $80,934,736 | +0 (+0.0%) |
| Taxable Value | $80,774,289 | $80,774,289 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $80,934,736 | $41,900,780 | $39,033,956 | — | $80,934,736 | $80,774,289 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $78,590,000 | $41,900,780 | $36,689,220 | — | $78,590,000 | $78,387,956 | ~$1,283,878 | Partial |
| 2024 | $79,017,000 | — | — | — | — | $— | $1,339,847 | Verified |
| 2023 | $77,000,000 | — | — | −$35,099,220 | $41,900,780 | $— | $1,271,263 | Verified |
| 2022 | $71,900,000 | — | — | −$29,999,220 | $41,900,780 | $— | $1,318,258 | Verified |
| 2021 | $80,000,000 | — | — | −$38,099,220 | $41,900,780 | $— | $1,270,170 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | 1.6400% | Verified |
| 2023 | +2.6% | +2.6% | ~100% | 1.6100% | Verified |
| 2022 | +7.1% | +7.1% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | +0.4% | -1.0% | +7.1% | 2023 | -10.1% | 2022 |
| Assessment Ratio | 100.0% | 73.0% | — | 100.0% | 2025 | 52.4% | 2021 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,283,878 | $1,296,683 | ~$1,195,509 | $1,339,847 | 2024 | $1,270,170 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$78,241,400 | ~$78,241,400 | ~1.6057% | ~$1,256,298 | -0.4% |
| 2027 | ~$77,894,347 | ~$77,894,347 | ~1.5735% | ~$1,225,657 | -0.9% |
| 2028 | ~$77,548,833 | ~$77,548,833 | ~1.5413% | ~$1,195,264 | -1.3% |
| 2029 | ~$77,204,851 | ~$77,204,851 | ~1.5091% | ~$1,165,116 | -1.8% |
| 2030 | ~$76,862,396 | ~$76,862,396 | ~1.4769% | ~$1,135,212 | -2.2% |
| 2026 | ~$76,669,600 | ~$76,669,600 | ~1.6379% | ~$1,255,734 | -2.4% |
| 2027 | ~$74,796,127 | ~$74,796,127 | ~1.6379% | ~$1,225,049 | -4.8% |
| 2028 | ~$72,968,433 | ~$72,968,433 | ~1.6379% | ~$1,195,114 | -7.2% |
| 2029 | ~$71,185,400 | ~$71,185,400 | ~1.6379% | ~$1,165,911 | -9.4% |
| 2030 | ~$69,445,937 | ~$69,445,937 | ~1.6379% | ~$1,137,421 | -11.6% |
| 2026 | ~$79,813,200 | ~$79,813,200 | ~1.5896% | ~$1,268,693 | +1.6% |
| 2027 | ~$81,055,439 | ~$81,055,439 | ~1.5413% | ~$1,249,312 | +3.1% |
| 2028 | ~$82,317,012 | ~$82,317,012 | ~1.4930% | ~$1,229,019 | +4.7% |
| 2029 | ~$83,598,221 | ~$83,598,221 | ~1.4448% | ~$1,207,793 | +6.4% |
| 2030 | ~$84,899,370 | ~$84,899,370 | ~1.3965% | ~$1,185,608 | +8.0% |
In 2025, this property's market value of $78,590,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 55× 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 | $78,590,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $79,017,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $77,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $71,900,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $80,000,000 | $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.