4029 S CAPITAL OF TX HY TX 78746
| Owner | LCFRE AUSTIN BRODIE OAKS LLC |
|---|---|
| Parcel ID | 0407180123 |
| Short ID | 310483 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 38,200 SF |
| Land SF | 156,554 SF |
| Acres | 3.594 |
| Year Built | 1983 |
| Legal | LOT 3-A1 BRODIE OAKS CENTER AMENDED RESUB OF LOT 3-A |
| Neighborhood | 51SWE |
| Land | $7,827,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,827,700 |
| Improvement | $580,488 |
|---|---|
| Total Improvement | $580,488 |
| Market | $8,408,188 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,408,188 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,408,188 |
| Taxable Value | $8,408,188 |
|---|
Appreciation: Market value has risen +23.6% from $6,800,000 (2021) to $8,408,188 (2025), a CAGR of 5.5% over 4 years. This represents moderate, steady growth. 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 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 $172,072. 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 93% of market value ($7,827,700 land vs $580,488 improvements), about $50/SF of land. With value concentrated in the land under a ~43-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 $8,408,188, 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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,963,376 by 2030, with an estimated annual tax burden around $206,522. 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 |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 38,200 SF | ✗ |
| 2ND | 2nd Floor | 19,191 SF | ✓ |
| 1ST | 1st Floor | 19,009 SF | ✓ |
| 611 | TERRACE | 2,315 SF | ✗ |
| 511 | DECK | 580 SF | ✗ |
| 501 | CANOPY | 182 SF | ✗ |
| 413 | STAIRWAY EXT | 12 SF | ✓ |
| 482 | LIGHT POLES | 3 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% | $77,792.56 | $77,792.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,060.33 | $44,060.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $31,601.75 | $31,601.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,923.60 | $9,923.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,694.07 | $8,694.07 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $172,072.31 | $172,072.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,372,000 | $8,408,188 | -0.4% |
| Assessed Value | $8,372,000 | $8,408,188 | -0.4% |
| Land Value | $7,827,700 | $7,827,700 | +0.0% |
| Improvement Value | $544,300 | $580,488 | -6.2% |
| Taxable Value | $8,372,000 | $8,408,188 | -0.4% |
| Total Tax 2026 = estimate |
~$171,332
Estimated
|
~$172,072
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,917,893 | $8,372,000 | -545,893 (-6.1%) |
| Taxable Value | $8,917,893 | $8,372,000 | -545,893 (-6.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,372,000 | $7,827,700 | $544,300 | — | $8,372,000 | $8,372,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,408,188 | $7,827,700 | $580,488 | — | $8,408,188 | $8,408,188 | ~$172,072 | Partial |
| 2024 | $8,384,556 | — | — | −$556,856 | $7,827,700 | $— | $167,070 | Verified |
| 2023 | $6,498,000 | — | — | — | $7,827,700 ! | $— | $152,143 | Verified |
| 2022 | $6,506,300 | — | — | −$3,375,220 | $3,131,080 | $— | $128,331 | Verified |
| 2021 | $6,800,000 | — | — | −$3,668,920 | $3,131,080 | $— | $141,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.1% | +6.1% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2023 | +36.0% | +36.0% | ~100% | 1.7200% | Verified |
| 2022 | -0.1% | -0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.4% | +4.9% | +5.5% | +29.0% | 2024 | -4.3% | 2022 |
| Assessment Ratio | 100.0% | 84.7% | — | 120.5% | 2023 | 46.0% | 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 |
$172,072 | $152,247 | ~$192,343 | $172,072 | 2025 | $128,331 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,866,471 | ~$8,866,471 | ~2.0139% | ~$178,565 | +5.5% |
| 2027 | ~$9,349,732 | ~$9,349,732 | ~1.9814% | ~$185,254 | +11.2% |
| 2028 | ~$9,859,333 | ~$9,859,333 | ~1.9488% | ~$192,143 | +17.3% |
| 2029 | ~$10,396,710 | ~$10,396,710 | ~1.9163% | ~$199,231 | +23.6% |
| 2030 | ~$10,963,376 | ~$10,963,376 | ~1.8837% | ~$206,522 | +30.4% |
| 2026 | ~$8,698,307 | ~$8,698,307 | ~2.0465% | ~$178,010 | +3.5% |
| 2027 | ~$8,998,436 | ~$8,998,436 | ~2.0465% | ~$184,152 | +7.0% |
| 2028 | ~$9,308,922 | ~$9,308,922 | ~2.0465% | ~$190,506 | +10.7% |
| 2029 | ~$9,630,120 | ~$9,630,120 | ~2.0465% | ~$197,079 | +14.5% |
| 2030 | ~$9,962,401 | ~$9,962,401 | ~2.0465% | ~$203,879 | +18.5% |
| 2026 | ~$9,034,635 | ~$9,034,635 | ~1.9977% | ~$180,481 | +7.5% |
| 2027 | ~$9,707,754 | ~$9,707,754 | ~1.9488% | ~$189,189 | +15.5% |
| 2028 | ~$10,431,024 | ~$10,431,024 | ~1.9000% | ~$198,191 | +24.1% |
| 2029 | ~$11,208,181 | ~$11,208,181 | ~1.8512% | ~$207,485 | +33.3% |
| 2030 | ~$12,043,239 | ~$12,043,239 | ~1.8024% | ~$217,064 | +43.2% |
In 2025, this property's market value of $8,408,188 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 | $8,408,188 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,384,556 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,498,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,506,300 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,800,000 | $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.