7501 CAPITAL OF TX HY 1 78731
| Owner | RESERVE AT BULL CREEK LLC |
|---|---|
| Parcel ID | 0145090602 |
| Short ID | 974351 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 44,979 SF |
| Land SF | 351,601 SF |
| Acres | 8.072 |
| Year Built | 2000 |
| Legal | RESERVE AT BULL CREEK CONDOMINIUMS UNT 1 PLUS 33.3333 % INT IN COM AREA |
| Neighborhood | NW |
| Land | $3,516,013 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,516,013 |
| Improvement | $2,865,688 |
|---|---|
| Total Improvement | $2,865,688 |
| Market | $6,381,701 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,381,701 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,381,701 |
| Taxable Value | $6,381,701 |
|---|
Appreciation: Market value has fallen -8.6% from $6,981,206 (2024) to $6,381,701 (2025), a CAGR of -8.6% over 1 year. 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 fell -1.5%, 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 $130,601. 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 55% of market value ($3,516,013 land vs $2,865,688 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,381,701, 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 -8.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,073,488 by 2030, with an estimated annual tax burden around $76,734. 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 | 61,813 SF | ✗ |
| 491 | SPRINKLER HEADS | 44,979 SF | ✗ |
| 1ST | 1st Floor | 22,944 SF | ✓ |
| 2ND | 2nd Floor | 22,035 SF | ✓ |
| 501 | CANOPY | 180 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $59,043.50 | $59,043.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $33,441.20 | $33,441.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,985.30 | $23,985.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,531.87 | $7,531.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,598.68 | $6,598.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $130,600.55 | $130,600.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,513,476 | $6,381,701 | +2.1% |
| Assessed Value | $6,513,476 | $6,381,701 | +2.1% |
| Land Value | $3,516,013 | $3,516,013 | +0.0% |
| Improvement Value | $2,997,463 | $2,865,688 | +4.6% |
| Taxable Value | $6,513,476 | $6,381,701 | +2.1% |
| Total Tax 2026 = estimate |
~$133,297
Estimated
|
~$130,601
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,513,476 | $6,513,476 | +0 (+0.0%) |
| Taxable Value | $6,513,476 | $6,513,476 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,513,476 | $3,516,013 | $2,997,463 | — | $6,513,476 | $6,513,476 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,381,701 | $3,516,013 | $2,865,688 | — | $6,381,701 | $6,381,701 | ~$130,601 | Partial |
| 2024 | $6,981,206 | — | — | −$3,465,193 | $3,516,013 | $— | $90,396 | Verified |
| 2023 | $— | — | — | — | $3,516,013 | $— | $126,307 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | +39.9% | +39.9% | ~100% | Not available | Partial |
| 2024 | -34.7% | -34.7% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.1% | -3.2% | -9.0% | +2.1% | 2026 | -8.6% | 2025 |
| Assessment Ratio | 100.0% | 83.5% | — | 100.0% | 2025 | 50.4% | 2024 |
| 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 |
$130,601 | $110,498 | ~$96,056 | $130,601 | 2025 | $90,396 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,833,678 | ~$5,833,678 | ~2.0139% | ~$117,487 | -8.6% |
| 2027 | ~$5,332,716 | ~$5,332,716 | ~1.9814% | ~$105,662 | -16.4% |
| 2028 | ~$4,874,774 | ~$4,874,774 | ~1.9488% | ~$95,002 | -23.6% |
| 2029 | ~$4,456,157 | ~$4,456,157 | ~1.9163% | ~$85,393 | -30.2% |
| 2030 | ~$4,073,488 | ~$4,073,488 | ~1.8837% | ~$76,734 | -36.2% |
| 2026 | ~$6,062,616 | ~$6,062,616 | ~2.0465% | ~$124,071 | -5.0% |
| 2027 | ~$5,759,485 | ~$5,759,485 | ~2.0465% | ~$117,867 | -9.8% |
| 2028 | ~$5,471,511 | ~$5,471,511 | ~2.0465% | ~$111,974 | -14.3% |
| 2029 | ~$5,197,935 | ~$5,197,935 | ~2.0465% | ~$106,375 | -18.5% |
| 2030 | ~$4,938,039 | ~$4,938,039 | ~2.0465% | ~$101,056 | -22.6% |
| 2026 | ~$5,961,312 | ~$5,961,312 | ~1.9977% | ~$119,087 | -6.6% |
| 2027 | ~$5,568,616 | ~$5,568,616 | ~1.9488% | ~$108,523 | -12.7% |
| 2028 | ~$5,201,788 | ~$5,201,788 | ~1.9000% | ~$98,835 | -18.5% |
| 2029 | ~$4,859,125 | ~$4,859,125 | ~1.8512% | ~$89,952 | -23.9% |
| 2030 | ~$4,539,034 | ~$4,539,034 | ~1.8024% | ~$81,810 | -28.9% |
In 2025, this property's market value of $6,381,701 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,381,701 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,981,206 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
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.