2211 S INTERSTATE HY 35 TX 78741
| Owner | CAPSAT NEVADA LLC & BBC MONDO LLC |
|---|---|
| Parcel ID | 0305031123 |
| Short ID | 285953 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 31,920 SF |
| Land SF | 88,847 SF |
| Acres | 2.040 |
| Year Built | 1981 |
| Legal | LOT 1 HARPERS CREEK |
| Neighborhood | 51SCN |
| Land | $5,330,820 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,330,820 |
| Improvement | $432,936 |
|---|---|
| Total Improvement | $432,936 |
| Market | $5,763,756 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,763,756 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,763,756 |
| Taxable Value | $5,763,756 |
|---|
Appreciation: Market value has fallen -14.6% from $6,747,387 (2021) to $5,763,756 (2025), a CAGR of -3.9% 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 $117,954. 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 92% of market value ($5,330,820 land vs $432,936 improvements), about $60/SF of land. With value concentrated in the land under a ~45-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $5,763,756, 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 -3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,733,344 by 2030, with an estimated annual tax burden around $89,164. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 40,290 SF | ✗ |
| 1ST | 1st Floor | 10,640 SF | ✓ |
| 2ND | 2nd Floor | 10,640 SF | ✓ |
| 3RD | 3rd Floor | 10,640 SF | ✓ |
| 4TH | 4th Floor | 10,640 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $53,326.27 | $53,326.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,203.06 | $30,203.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,662.79 | $21,662.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,802.56 | $6,802.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,959.72 | $5,959.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $117,954.40 | $117,954.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,238,475 | $5,763,756 | +8.2% |
| Assessed Value | $6,238,475 | $5,763,756 | +8.2% |
| Land Value | $5,330,820 | $5,330,820 | +0.0% |
| Improvement Value | $907,655 | $432,936 | +109.7% |
| Taxable Value | $6,238,475 | $5,763,756 | +8.2% |
| Total Tax 2026 = estimate |
~$127,669
Estimated
|
~$117,954
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,238,475 | $6,238,475 | +0 (+0.0%) |
| Taxable Value | $6,238,475 | $6,238,475 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,238,475 | $5,330,820 | $907,655 | — | $6,238,475 | $6,238,475 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,763,756 | $5,330,820 | $432,936 | — | $5,763,756 | $5,763,756 | ~$117,954 | Partial |
| 2024 | $6,958,120 | — | — | −$1,521,880 | $5,436,240 | $— | $114,227 | Verified |
| 2023 | $7,945,171 | — | — | −$5,227,051 | $2,718,120 | $— | $125,890 | Verified |
| 2022 | $7,588,451 | — | — | −$4,870,331 | $2,718,120 | $— | $156,911 | Verified |
| 2021 | $6,747,387 | — | — | −$4,935,307 | $1,812,080 | $— | $165,176 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.2% | +8.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -17.2% | -17.2% | ~100% | 1.9800% | Verified |
| 2023 | -12.4% | -12.4% | ~100% | 1.8100% | Verified |
| 2022 | +4.7% | +4.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -24.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.2% | -0.8% | -5.3% | +12.5% | 2022 | -17.2% | 2025 |
| Assessment Ratio | 100.0% | 62.5% | — | 100.0% | 2025 | 26.9% | 2021 |
| 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 |
$117,954 | $136,032 | ~$100,093 | $165,176 | 2021 | $114,227 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,541,127 | ~$5,541,127 | ~2.0139% | ~$111,595 | -3.9% |
| 2027 | ~$5,327,097 | ~$5,327,097 | ~1.9814% | ~$105,550 | -7.6% |
| 2028 | ~$5,121,334 | ~$5,121,334 | ~1.9488% | ~$99,807 | -11.1% |
| 2029 | ~$4,923,518 | ~$4,923,518 | ~1.9163% | ~$94,349 | -14.6% |
| 2030 | ~$4,733,344 | ~$4,733,344 | ~1.8837% | ~$89,164 | -17.9% |
| 2026 | ~$5,475,568 | ~$5,475,568 | ~2.0465% | ~$112,057 | -5.0% |
| 2027 | ~$5,201,790 | ~$5,201,790 | ~2.0465% | ~$106,454 | -9.7% |
| 2028 | ~$4,941,700 | ~$4,941,700 | ~2.0465% | ~$101,131 | -14.3% |
| 2029 | ~$4,694,615 | ~$4,694,615 | ~2.0465% | ~$96,075 | -18.5% |
| 2030 | ~$4,459,885 | ~$4,459,885 | ~2.0465% | ~$91,271 | -22.6% |
| 2026 | ~$5,656,402 | ~$5,656,402 | ~1.9977% | ~$112,996 | -1.9% |
| 2027 | ~$5,551,047 | ~$5,551,047 | ~1.9488% | ~$108,181 | -3.7% |
| 2028 | ~$5,447,655 | ~$5,447,655 | ~1.9000% | ~$103,506 | -5.5% |
| 2029 | ~$5,346,188 | ~$5,346,188 | ~1.8512% | ~$98,968 | -7.2% |
| 2030 | ~$5,246,612 | ~$5,246,612 | ~1.8024% | ~$94,563 | -9.0% |
In 2025, this property's market value of $5,763,756 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 | $5,763,756 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,958,120 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,945,171 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,588,451 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,747,387 | $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.