3500 N CAPITAL OF TX HY TX 78746
| Owner | WESTLAKE AUSTIN HOLDCO LP |
|---|---|
| Parcel ID | 0129190102 |
| Short ID | 728801 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 202,106 SF |
| Land SF | 718,696 SF |
| Acres | 16.499 |
| Year Built | 2007 |
| Legal | LOT 1 BLK D DAVENPORT RANCH WEST TRACT F SEC 4 |
| Neighborhood | 08NWW |
| Land | $17,967,411 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,967,411 |
| Improvement | $32,012,589 |
|---|---|
| Total Improvement | $32,012,589 |
| Market | $49,980,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $49,980,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $49,980,000 |
| Taxable Value | $49,980,000 |
|---|
Appreciation: Market value has risen +23.4% from $40,500,000 (2021) to $49,980,000 (2025), a CAGR of 5.4% over 4 years. This represents moderate, steady growth. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $976,352. Eanes ISD is the largest single contributor, at 42.6% of the total 2025 levy.
Asset Class: Multi-family residential. 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 36% of market value ($17,967,411 land vs $32,012,589 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $49,980,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $65,008,896 by 2030, with an estimated annual tax burden around $1,089,300. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 200,000 SF | ✗ |
| 1ST | 1st Floor | 80,053 SF | ✓ |
| 2ND | 2nd Floor | 80,053 SF | ✓ |
| 3RD | 3rd Floor | 42,000 SF | ✓ |
| MISC | Miscellaneous | 4,792 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 240 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 180 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $397,375.50 | $397,375.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $250,218.12 | $250,218.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $179,465.99 | $179,465.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56,355.98 | $56,355.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49,373.50 | $49,373.50 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $932,789.09 | $932,789.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $45,550,000 | $49,980,000 | -8.9% |
| Assessed Value | $45,550,000 | $49,980,000 | -8.9% |
| Land Value | $17,967,411 | $17,967,411 | +0.0% |
| Improvement Value | $27,582,589 | $32,012,589 | -13.8% |
| Taxable Value | $45,550,000 | $49,980,000 | -8.9% |
| Total Tax 2026 = estimate |
~$889,812
Estimated
|
~$932,789
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,724,141 | $45,550,000 | -2,174,141 (-4.6%) |
| Taxable Value | $47,724,141 | $45,550,000 | -2,174,141 (-4.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $45,550,000 | $17,967,411 | $27,582,589 | — | $45,550,000 | $45,550,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $49,980,000 | $17,967,411 | $32,012,589 | — | $49,980,000 | $49,980,000 | ~$932,789 | Partial |
| 2024 | $57,300,000 | — | — | −$39,332,589 | $17,967,411 | $— | $1,017,634 | Verified |
| 2023 | $54,600,000 | — | — | −$36,632,589 | $17,967,411 | $— | $1,054,745 | Verified |
| 2022 | $41,200,000 | — | — | −$23,232,589 | $17,967,411 | $— | $1,084,832 | Verified |
| 2021 | $40,500,000 | — | — | −$22,532,589 | $17,967,411 | $— | $898,265 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | -8.6% | -8.6% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | 1.8600% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.7900% | Verified |
| 2022 | +32.2% | +32.2% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.9% | +3.5% | +7.4% | +32.5% | 2023 | -12.8% | 2025 |
| Assessment Ratio | 100.0% | 58.7% | — | 100.0% | 2025 | 31.4% | 2024 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$932,789 | $997,653 | ~$1,045,077 | $1,084,832 | 2022 | $898,265 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$52,678,277 | ~$52,678,277 | ~1.8979% | ~$999,787 | +5.4% |
| 2027 | ~$55,522,226 | ~$55,522,226 | ~1.8423% | ~$1,022,907 | +11.1% |
| 2028 | ~$58,519,711 | ~$58,519,711 | ~1.7868% | ~$1,045,609 | +17.1% |
| 2029 | ~$61,679,022 | ~$61,679,022 | ~1.7312% | ~$1,067,782 | +23.4% |
| 2030 | ~$65,008,896 | ~$65,008,896 | ~1.6756% | ~$1,089,300 | +30.1% |
| 2026 | ~$51,678,677 | ~$51,678,677 | ~1.9535% | ~$1,009,535 | +3.4% |
| 2027 | ~$53,435,086 | ~$53,435,086 | ~1.9535% | ~$1,043,846 | +6.9% |
| 2028 | ~$55,251,192 | ~$55,251,192 | ~1.9535% | ~$1,079,324 | +10.5% |
| 2029 | ~$57,129,021 | ~$57,129,021 | ~1.9535% | ~$1,116,007 | +14.3% |
| 2030 | ~$59,070,672 | ~$59,070,672 | ~1.9535% | ~$1,153,937 | +18.2% |
| 2026 | ~$53,677,877 | ~$53,677,877 | ~1.8701% | ~$1,003,843 | +7.4% |
| 2027 | ~$57,649,349 | ~$57,649,349 | ~1.7868% | ~$1,030,058 | +15.3% |
| 2028 | ~$61,914,658 | ~$61,914,658 | ~1.7034% | ~$1,054,657 | +23.9% |
| 2029 | ~$66,495,546 | ~$66,495,546 | ~1.6200% | ~$1,077,257 | +33.0% |
| 2030 | ~$71,415,361 | ~$71,415,361 | ~1.5367% | ~$1,097,428 | +42.9% |
In 2025, this property's market value of $49,980,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 96× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $49,980,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $57,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $54,600,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $41,200,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $40,500,000 | $300,453 | $376,850 | $539,896 | ↑ 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.