8911 N CAPITAL OF TX HY TX 78759
| Owner | KORE WESTECH 360 INC |
|---|---|
| Parcel ID | 0150030135 |
| Short ID | 497589 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 173,332 SF |
| Land SF | 441,655 SF |
| Acres | 10.139 |
| Year Built | 1986 |
| Legal | LOT 1 OAKCHASE SEC 2 |
| Neighborhood | 51NWE |
| Land | $5,299,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,299,860 |
| Improvement | $23,824,541 |
|---|---|
| Total Improvement | $23,824,541 |
| Market | $29,124,401 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,124,401 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,124,401 |
| Taxable Value | $29,124,401 |
|---|
Appreciation: Market value has fallen -35.3% from $45,000,000 (2021) to $29,124,401 (2025), a CAGR of -10.3% 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 $596,026. 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 18% of market value ($5,299,860 land vs $23,824,541 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $29,124,401, 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 -10.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,906,847 by 2030, with an estimated annual tax burden around $318,481. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 175,730 SF | ✗ |
| 187 | PARKING GARAGE | 155,305 SF | ✓ |
| 3RD | 3rd Floor | 62,134 SF | ✓ |
| 2ND | 2nd Floor | 56,616 SF | ✓ |
| 1ST | 1st Floor | 54,582 SF | ✓ |
| 551 | PAVED AREA | 29,000 SF | ✗ |
| 501 | CANOPY | 6,348 SF | ✗ |
| LOBBY | Lobby | 2,448 SF | ✓ |
| 482 | LIGHT POLES | 14 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% | $249,100.85 | $249,100.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $141,086.34 | $141,086.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $101,192.51 | $101,192.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,776.51 | $31,776.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,839.42 | $27,839.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $550,995.63 | $550,995.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,589,724 | $29,124,401 | +5.0% |
| Assessed Value | $30,589,724 | $29,124,401 | +5.0% |
| Land Value | $5,299,860 | $5,299,860 | +0.0% |
| Improvement Value | $25,289,864 | $23,824,541 | +6.2% |
| Taxable Value | $30,589,724 | $29,124,401 | +5.0% |
| Total Tax 2026 = estimate |
~$626,014
Estimated
|
~$550,996
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,589,724 | $30,589,724 | +0 (+0.0%) |
| Taxable Value | $30,589,724 | $30,589,724 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,589,724 | $5,299,860 | $25,289,864 | — | $30,589,724 | $30,589,724 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,124,401 | $5,299,860 | $23,824,541 | — | $29,124,401 | $29,124,401 | ~$550,996 | Partial |
| 2024 | $42,300,000 | — | — | −$37,000,140 | $5,299,860 | $— | $634,386 | Verified |
| 2023 | $47,500,000 | — | — | −$42,200,140 | $5,299,860 | $— | $768,224 | Verified |
| 2022 | $46,126,400 | — | — | −$40,826,540 | $5,299,860 | $— | $940,000 | Verified |
| 2021 | $45,000,000 | — | — | −$39,700,140 | $5,299,860 | $— | $1,004,024 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.0% | +5.0% | ~100% | Not available | Partial |
| 2025 | -21.0% | -21.0% | ~100% | Not available | Partial |
| 2024 | -18.6% | -18.6% | ~100% | 1.7200% | Verified |
| 2023 | -8.5% | -8.5% | ~100% | 1.7000% | Verified |
| 2022 | +7.2% | +7.2% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -36.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.0% | -6.3% | -11.2% | +5.0% | 2026 | -31.1% | 2025 |
| Assessment Ratio | 100.0% | 41.2% | — | 100.0% | 2025 | 11.2% | 2023 |
| Effective Tax Rate (2025) | 1.8900% | 1.8900% | — | 1.8900% | 2025 | 1.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$550,996 | $779,526 | ~$415,919 | $1,004,024 | 2021 | $550,996 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$26,122,704 | ~$26,122,704 | ~2.0139% | ~$526,095 | -10.3% |
| 2027 | ~$23,430,375 | ~$23,430,375 | ~1.9814% | ~$464,247 | -19.6% |
| 2028 | ~$21,015,531 | ~$21,015,531 | ~1.9488% | ~$409,559 | -27.8% |
| 2029 | ~$18,849,572 | ~$18,849,572 | ~1.9163% | ~$361,213 | -35.3% |
| 2030 | ~$16,906,847 | ~$16,906,847 | ~1.8837% | ~$318,481 | -41.9% |
| 2026 | ~$27,668,181 | ~$27,668,181 | ~2.0465% | ~$566,225 | -5.0% |
| 2027 | ~$26,284,772 | ~$26,284,772 | ~2.0465% | ~$537,914 | -9.7% |
| 2028 | ~$24,970,533 | ~$24,970,533 | ~2.0465% | ~$511,018 | -14.3% |
| 2029 | ~$23,722,007 | ~$23,722,007 | ~2.0465% | ~$485,467 | -18.5% |
| 2030 | ~$22,535,906 | ~$22,535,906 | ~2.0465% | ~$461,194 | -22.6% |
| 2026 | ~$26,705,192 | ~$26,705,192 | ~1.9977% | ~$533,480 | -8.3% |
| 2027 | ~$24,486,933 | ~$24,486,933 | ~1.9488% | ~$477,211 | -15.9% |
| 2028 | ~$22,452,934 | ~$22,452,934 | ~1.9000% | ~$426,610 | -22.9% |
| 2029 | ~$20,587,888 | ~$20,587,888 | ~1.8512% | ~$381,122 | -29.3% |
| 2030 | ~$18,877,761 | ~$18,877,761 | ~1.8024% | ~$340,247 | -35.2% |
In 2025, this property's market value of $29,124,401 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $29,124,401 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $42,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $47,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $46,126,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $45,000,000 | $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.