4025 S CAPITAL OF TX HY TX 78746
| Owner | LCFRE AUSTIN BRODIE OAKS II LLC |
|---|---|
| Parcel ID | 0407180115 |
| Short ID | 310474 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 43,136 SF |
| Land SF | 172,410 SF |
| Acres | 3.958 |
| Year Built | 1982 |
| Legal | LOT 2A BRODIE OAKS CENTER AMENDED |
| Neighborhood | 41CEN |
| Land | $8,620,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,620,500 |
| Improvement | $95,279 |
|---|---|
| Total Improvement | $95,279 |
| Market | $8,715,779 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,715,779 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,715,779 |
| Taxable Value | $8,715,779 |
|---|
Appreciation: Market value has risen +117.9% from $4,000,000 (2021) to $8,715,779 (2025), a CAGR of 21.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 outpaced 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 $178,367. 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 99% of market value ($8,620,500 land vs $95,279 improvements), about $50/SF of land. With value concentrated in the land under a ~44-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 $8,715,779, 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 +21.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $23,073,527 by 2030, with an estimated annual tax burden around $264,418. 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 | 120,600 SF | ✗ |
| 1ST | 1st Floor | 43,136 SF | ✓ |
| 491 | SPRINKLER HEADS | 43,136 SF | ✗ |
| SO | Sketch Only | 43,136 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,144 SF | ✓ |
| 501 | CANOPY | 88 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
Market value changed by 115% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $80,638.39 | $80,638.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $45,672.16 | $45,672.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,757.82 | $32,757.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,286.62 | $10,286.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,012.12 | $9,012.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $178,367.11 | $178,367.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,906,515 | $8,715,779 | +2.2% |
| Assessed Value | $8,906,515 | $8,715,779 | +2.2% |
| Land Value | $8,620,500 | $8,620,500 | +0.0% |
| Improvement Value | $286,015 | $95,279 | +200.2% |
| Taxable Value | $8,906,515 | $8,715,779 | +2.2% |
| Total Tax 2026 = estimate |
~$182,270
Estimated
|
~$178,367
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,353,288 | $8,906,515 | -1,446,773 (-14.0%) |
| Taxable Value | $10,353,288 | $8,906,515 | -1,446,773 (-14.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,906,515 | $8,620,500 | $286,015 | — | $8,906,515 | $8,906,515 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,715,779 | $8,620,500 | $95,279 | — | $8,715,779 | $8,715,779 | ~$178,367 | Partial |
| 2024 | $8,700,981 | — | — | −$80,481 | $8,620,500 | $— | $173,182 | Verified |
| 2023 | $4,009,916 | — | — | — | $8,620,500 ! | $— | $157,885 | Verified |
| 2022 | $4,056,163 | — | — | −$607,963 | $3,448,200 | $— | $79,452 | Verified |
| 2021 | $4,000,000 | — | — | −$551,800 | $3,448,200 | $— | $88,513 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.8% | +18.8% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.8900% | Verified |
| 2023 | +114.6% ! | +114.6% | ~100% | 1.7200% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +104.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | +23.9% | +21.0% | +117.0% | 2024 | -1.1% | 2023 |
| Assessment Ratio | 100.0% | 114.2% | — | 215.0% | 2023 | 85.0% | 2022 |
| 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 |
$178,367 | $135,480 | ~$227,415 | $178,367 | 2025 | $79,452 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,589,312 | ~$9,587,357 | ~2.0139% | ~$193,083 | +21.5% |
| 2027 | ~$12,865,578 | ~$10,546,093 | ~1.9814% | ~$208,959 | +47.6% |
| 2028 | ~$15,631,148 | ~$11,600,702 | ~1.9488% | ~$226,079 | +79.3% |
| 2029 | ~$18,991,201 | ~$12,760,772 | ~1.9163% | ~$244,534 | +117.9% |
| 2030 | ~$23,073,527 | ~$14,036,849 | ~1.8837% | ~$264,418 | +164.7% |
| 2026 | ~$10,414,997 | ~$9,587,357 | ~2.0465% | ~$196,204 | +19.5% |
| 2027 | ~$12,445,492 | ~$10,546,093 | ~2.0465% | ~$215,824 | +42.8% |
| 2028 | ~$14,871,851 | ~$11,600,702 | ~2.0465% | ~$237,407 | +70.6% |
| 2029 | ~$17,771,249 | ~$12,760,772 | ~2.0465% | ~$261,147 | +103.9% |
| 2030 | ~$21,235,911 | ~$14,036,849 | ~2.0465% | ~$287,262 | +143.6% |
| 2026 | ~$10,763,628 | ~$9,587,357 | ~1.9977% | ~$191,523 | +23.5% |
| 2027 | ~$13,292,637 | ~$10,546,093 | ~1.9488% | ~$205,526 | +52.5% |
| 2028 | ~$16,415,860 | ~$11,600,702 | ~1.9000% | ~$220,415 | +88.3% |
| 2029 | ~$20,272,910 | ~$12,760,772 | ~1.8512% | ~$236,227 | +132.6% |
| 2030 | ~$25,036,209 | ~$14,036,849 | ~1.8024% | ~$252,996 | +187.3% |
In 2025, this property's market value of $8,715,779 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,715,779 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,700,981 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,009,916 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,056,163 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,000,000 | $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.