3755 S CAPITAL OF TX HY TX
| Owner | BCP BUILDING I LLC |
|---|---|
| Parcel ID | 0407180120 |
| Short ID | 310480 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 74,505 SF |
| Land SF | 203,382 SF |
| Acres | 4.669 |
| Year Built | 1984 |
| Legal | LOT 1 BARTON CREEK PLAZA TRACT D |
| Neighborhood | 51SWE |
| Land | $12,202,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,202,920 |
| Improvement | $4,710,070 |
|---|---|
| Total Improvement | $4,710,070 |
| Market | $16,912,990 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,912,990 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,912,990 |
| Taxable Value | $16,912,990 |
|---|
Appreciation: Market value has fallen -23.5% from $22,100,000 (2021) to $16,912,990 (2025), a CAGR of -6.5% 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 $346,122. Austin ISD is the largest single contributor, at 45.3% 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 72% of market value ($12,202,920 land vs $4,710,070 improvements), about $60/SF of land. With value concentrated in the land under a ~42-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 $16,912,990, 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 -6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,106,136 by 2030, with an estimated annual tax burden around $228,048. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 79,600 SF | ✗ |
| 491 | SPRINKLER HEADS | 74,505 SF | ✗ |
| 3RD | 3rd Floor | 25,667 SF | ✓ |
| 1ST | 1st Floor | 25,121 SF | ✓ |
| 2ND | 2nd Floor | 23,717 SF | ✓ |
| 611 | TERRACE | 2,607 SF | ✗ |
| 501 | CANOPY | 546 SF | ✗ |
| 482 | LIGHT POLES | 9 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% | $156,478.98 | $156,478.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $87,987.49 | $87,987.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,566.63 | $63,566.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,961.22 | $19,961.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,488.03 | $17,488.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $345,482.35 | $345,482.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,100,961 | $16,912,990 | -4.8% |
| Assessed Value | $16,100,961 | $16,912,990 | -4.8% |
| Land Value | $12,202,920 | $12,202,920 | +0.0% |
| Improvement Value | $3,898,041 | $4,710,070 | -17.2% |
| Taxable Value | $16,100,961 | $16,912,990 | -4.8% |
| Total Tax 2026 = estimate |
~$329,504
Estimated
|
~$345,482
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,358,086 | $16,100,961 | -257,125 (-1.6%) |
| Taxable Value | $16,358,086 | $16,100,961 | -257,125 (-1.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,100,961 | $12,202,920 | $3,898,041 | — | $16,100,961 | $16,100,961 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,912,990 | $12,202,920 | $4,710,070 | — | $16,912,990 | $16,912,990 | ~$345,482 | Partial |
| 2024 | $21,837,014 | — | — | −$9,634,094 | $12,202,920 | $— | $357,492 | Verified |
| 2023 | $25,499,057 | — | — | −$13,296,137 | $12,202,920 | $— | $394,542 | Verified |
| 2022 | $23,221,600 | — | — | −$19,153,960 | $4,067,640 | $— | $503,399 | Verified |
| 2021 | $22,100,000 | — | — | −$18,032,360 | $4,067,640 | $— | $505,240 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2025 | -12.5% | -12.5% | ~100% | Not available | Partial |
| 2024 | -11.5% | -11.5% | ~100% | 1.8500% | Verified |
| 2023 | -14.4% | -14.4% | ~100% | 1.8100% | Verified |
| 2022 | +9.8% | +9.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -27.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | -5.4% | -5.5% | +9.8% | 2023 | -22.5% | 2025 |
| Assessment Ratio | 100.0% | 56.6% | — | 100.0% | 2025 | 17.5% | 2022 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$345,482 | $421,231 | ~$271,503 | $505,240 | 2021 | $345,482 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$15,818,942 | ~$15,818,942 | ~2.0139% | ~$318,583 | -6.5% |
| 2027 | ~$14,795,664 | ~$14,795,664 | ~1.9814% | ~$293,160 | -12.5% |
| 2028 | ~$13,838,578 | ~$13,838,578 | ~1.9488% | ~$269,692 | -18.2% |
| 2029 | ~$12,943,404 | ~$12,943,404 | ~1.9163% | ~$248,033 | -23.5% |
| 2030 | ~$12,106,136 | ~$12,106,136 | ~1.8837% | ~$228,048 | -28.4% |
| 2026 | ~$16,067,340 | ~$16,067,340 | ~2.0465% | ~$328,816 | -5.0% |
| 2027 | ~$15,263,973 | ~$15,263,973 | ~2.0465% | ~$312,375 | -9.8% |
| 2028 | ~$14,500,775 | ~$14,500,775 | ~2.0465% | ~$296,756 | -14.3% |
| 2029 | ~$13,775,736 | ~$13,775,736 | ~2.0465% | ~$281,918 | -18.5% |
| 2030 | ~$13,086,949 | ~$13,086,949 | ~2.0465% | ~$267,822 | -22.6% |
| 2026 | ~$16,157,201 | ~$16,157,201 | ~1.9977% | ~$322,766 | -4.5% |
| 2027 | ~$15,435,187 | ~$15,435,187 | ~1.9488% | ~$300,807 | -8.7% |
| 2028 | ~$14,745,436 | ~$14,745,436 | ~1.9000% | ~$280,166 | -12.8% |
| 2029 | ~$14,086,509 | ~$14,086,509 | ~1.8512% | ~$260,769 | -16.7% |
| 2030 | ~$13,457,027 | ~$13,457,027 | ~1.8024% | ~$242,546 | -20.4% |
In 2025, this property's market value of $16,912,990 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $16,912,990 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,837,014 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $25,499,057 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $23,221,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $22,100,000 | $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.