7600 N CAPITAL OF TX HY A TX 78750
| Owner | SNH MEDICAL OFFICE PROPERTIES TRUST |
|---|---|
| Parcel ID | 0145090502 |
| Short ID | 799363 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 29,674 SF |
| Land SF | 72,676 SF |
| Acres | 1.668 |
| Year Built | 1996 |
| Legal | UNT A LAKEWOOD ON THE PARK OFFICE CONDOMINIUM AMENDED PLUS 14.4471 % INT IN COM AREA |
| Neighborhood | 51NWE |
| Land | $726,755 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $726,755 |
| Improvement | $5,216,541 |
|---|---|
| Total Improvement | $5,216,541 |
| Market | $5,943,296 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,943,296 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,943,296 |
| Taxable Value | $5,943,296 |
|---|
Appreciation: Market value has fallen -26.4% from $8,071,800 (2021) to $5,943,296 (2025), a CAGR of -7.4% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $121,629. Austin ISD is the largest single contributor, at 45.2% 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 12% of market value ($726,755 land vs $5,216,541 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,943,296, 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 -7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,053,672 by 2030, with an estimated annual tax burden around $76,361. 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 | 64,980 SF | ✗ |
| 491 | SPRINKLER HEADS | 30,014 SF | ✗ |
| 1ST | 1st Floor | 14,837 SF | ✓ |
| 2ND | 2nd Floor | 14,837 SF | ✓ |
| LOBBY | Lobby | 340 SF | ✓ |
| 482 | LIGHT POLES | 6 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $54,987.37 | $54,987.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,143.88 | $31,143.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,337.58 | $22,337.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,014.46 | $7,014.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,145.37 | $6,145.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $121,628.66 | $121,628.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,813,647 | $5,943,296 | -2.2% |
| Assessed Value | $5,813,647 | $5,943,296 | -2.2% |
| Land Value | $726,755 | $726,755 | +0.0% |
| Improvement Value | $5,086,892 | $5,216,541 | -2.5% |
| Taxable Value | $5,813,647 | $5,943,296 | -2.2% |
| Total Tax 2026 = estimate |
~$118,975
Estimated
|
~$121,629
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,813,647 | $5,813,647 | +0 (+0.0%) |
| Taxable Value | $5,813,647 | $5,813,647 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,813,647 | $726,755 | $5,086,892 | — | $5,813,647 | $5,813,647 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,943,296 | $726,755 | $5,216,541 | — | $5,943,296 | $5,943,296 | ~$121,629 | Partial |
| 2024 | $7,773,449 | — | — | −$7,046,694 | $726,755 | $— | $130,931 | Verified |
| 2023 | $8,400,000 | — | — | −$7,673,245 | $726,755 | $— | $140,641 | Verified |
| 2022 | $8,216,073 | — | — | −$7,489,318 | $726,755 | $— | $165,894 | Verified |
| 2021 | $8,071,800 | — | — | −$7,345,045 | $726,755 | $— | $178,838 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | -10.0% | -10.0% | ~100% | Not available | Partial |
| 2024 | -15.0% | -15.0% | ~100% | 1.9800% | Verified |
| 2023 | -7.5% | -7.5% | ~100% | 1.8100% | Verified |
| 2022 | +2.2% | +2.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -27.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | -5.8% | -7.0% | +2.2% | 2023 | -23.5% | 2025 |
| Assessment Ratio | 100.0% | 39.3% | — | 100.0% | 2025 | 8.7% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$121,629 | $147,586 | ~$92,841 | $178,838 | 2021 | $121,629 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,505,435 | ~$5,505,435 | ~2.0139% | ~$110,876 | -7.4% |
| 2027 | ~$5,099,832 | ~$5,099,832 | ~1.9814% | ~$101,047 | -14.2% |
| 2028 | ~$4,724,111 | ~$4,724,111 | ~1.9488% | ~$92,065 | -20.5% |
| 2029 | ~$4,376,071 | ~$4,376,071 | ~1.9163% | ~$83,858 | -26.4% |
| 2030 | ~$4,053,672 | ~$4,053,672 | ~1.8837% | ~$76,361 | -31.8% |
| 2026 | ~$5,646,131 | ~$5,646,131 | ~2.0465% | ~$115,547 | -5.0% |
| 2027 | ~$5,363,825 | ~$5,363,825 | ~2.0465% | ~$109,770 | -9.7% |
| 2028 | ~$5,095,633 | ~$5,095,633 | ~2.0465% | ~$104,281 | -14.3% |
| 2029 | ~$4,840,852 | ~$4,840,852 | ~2.0465% | ~$99,067 | -18.5% |
| 2030 | ~$4,598,809 | ~$4,598,809 | ~2.0465% | ~$94,114 | -22.6% |
| 2026 | ~$5,624,300 | ~$5,624,300 | ~1.9977% | ~$112,355 | -5.4% |
| 2027 | ~$5,322,426 | ~$5,322,426 | ~1.9488% | ~$103,726 | -10.4% |
| 2028 | ~$5,036,755 | ~$5,036,755 | ~1.9000% | ~$95,699 | -15.3% |
| 2029 | ~$4,766,416 | ~$4,766,416 | ~1.8512% | ~$88,236 | -19.8% |
| 2030 | ~$4,510,588 | ~$4,510,588 | ~1.8024% | ~$81,298 | -24.1% |
In 2025, this property's market value of $5,943,296 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,943,296 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,773,449 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,216,073 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,071,800 | $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.