911 LAS CIMAS PKWY TX 78746
| Owner | REDUS PROPERTIES INC |
|---|---|
| Parcel ID | 0113230406 |
| Short ID | 455196 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 118,893 SF |
| Land SF | 137,170 SF |
| Acres | 3.149 |
| Year Built | 2000 |
| Legal | LOT 3A BLK A LAS CIMAS OFFICE PARK AMENDED PLAT OF BLK A OF |
| Neighborhood | 51SWE |
| Land | $2,743,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,743,400 |
| Improvement | $30,740,403 |
|---|---|
| Total Improvement | $30,740,403 |
| Market | $33,483,803 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $33,483,803 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $33,483,803 |
| Taxable Value | $33,483,803 |
|---|
Appreciation: Market value has fallen -42.9% from $58,605,100 (2021) to $33,483,803 (2025), a CAGR of -13.1% over 4 years. Growth has been relatively flat for this asset class. 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 +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.0127% in 2025 (+0.0345% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $673,923. Eanes ISD is the largest single contributor, at 41.3% 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 8% of market value ($2,743,400 land vs $30,740,403 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $33,483,803, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 -10.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $18,475,575 by 2031, with an estimated annual tax burden around $316,337. 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 |
|---|---|---|---|
| SO | Sketch Only | 171,372 SF | ✗ |
| 187 | PARKING GARAGE | 171,372 SF | ✓ |
| 491 | SPRINKLER HEADS | 156,682 SF | ✗ |
| 1ST | 1st Floor | 43,315 SF | ✓ |
| 2ND | 2nd Floor | 37,789 SF | ✓ |
| 3RD | 3rd Floor | 37,789 SF | ✓ |
| 4TH | 4th Floor | 37,789 SF | ✓ |
| 501 | CANOPY | 1,844 SF | ✗ |
| 435 | FENCE IRON LF | 66 SF | ✗ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $262,143.00 | $262,143.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $165,065.36 | $165,065.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $118,391.18 | $118,391.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $37,177.25 | $37,177.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $32,571.00 | $32,571.00 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $18,648.00 | $18,648.00 | Paid |
| Combined Rate | 2.2531% | 2.0504% | 1.9011% | 1.9782% | 2.0127% | +0.0345% | $633,995.79 | $633,995.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $262,143.00 | 41.3% |
| CAT City of Austin | 0.5240% | $165,065.36 | 26.0% |
| TCO Travis County | 0.3758% | $118,391.18 | 18.7% |
| THD Travis Central Health | 0.1180% | $37,177.25 | 5.9% |
| ACT Austin Community College | 0.1034% | $32,571.00 | 5.1% |
| W10 WCID # 10 | 0.0592% | $18,648.00 | 2.9% |
| Total | 2.0127% | $633,995.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,905,363 | $33,483,803 | -1.7% |
| Assessed Value | $32,905,363 | $33,483,803 | -1.7% |
| Land Value | $2,743,400 | $2,743,400 | +0.0% |
| Improvement Value | $30,161,963 | $30,740,403 | -1.9% |
| Taxable Value | $32,905,363 | $33,483,803 | -1.7% |
| Total Tax 2026 = estimate |
~$662,281
Estimated
|
~$633,996
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $32,905,363 | $2,743,400 | $30,161,963 | — | $32,905,363 | $32,905,363 | Not yet — post-cert | Preliminary |
| 2025 | $33,483,803 | $2,743,400 | $30,740,403 | — | $33,483,803 | $33,483,803 | ~$633,996 | Partial |
| 2024 | $36,000,000 | $2,743,400 | $33,256,600 | — | $36,000,000 | $36,000,000 | $668,437 | Verified |
| 2023 | $55,761,450 | $2,743,400 | $53,018,050 | — | $55,761,450 | $55,761,450 | $956,375 | Verified |
| 2022 | $67,866,873 | $2,743,400 | $65,123,473 | — | $67,866,873 | $67,866,873 | $1,291,690 | Verified |
| 2021 | $58,605,100 | $2,743,400 | $55,861,700 | — | $58,605,100 | $58,605,100 | $1,278,793 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -35.4% | -35.4% | ~100% | No billing data | Verified |
| 2023 | -17.8% | -17.8% | ~100% | No billing data | Verified |
| 2022 | +15.8% | +15.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -42.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.7% | -9.2% | -10.9% | +15.8% | 2022 | -35.4% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$633,996 | $965,858 | ~$435,423 | $1,291,690 | 2022 | $633,996 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$29,317,906 | ~$29,317,906 | ~1.9526% | ~$572,457 | -10.9% |
| 2028 | ~$26,121,565 | ~$26,121,565 | ~1.8925% | ~$494,347 | -20.6% |
| 2029 | ~$23,273,701 | ~$23,273,701 | ~1.8324% | ~$426,465 | -29.3% |
| 2030 | ~$20,736,321 | ~$20,736,321 | ~1.7723% | ~$367,508 | -37.0% |
| 2031 | ~$18,475,575 | ~$18,475,575 | ~1.7122% | ~$316,337 | -43.9% |
| 2027 | ~$31,260,095 | ~$31,260,095 | ~2.0127% | ~$629,167 | -5.0% |
| 2028 | ~$29,697,090 | ~$29,697,090 | ~2.0127% | ~$597,709 | -9.8% |
| 2029 | ~$28,212,236 | ~$28,212,236 | ~2.0127% | ~$567,823 | -14.3% |
| 2030 | ~$26,801,624 | ~$26,801,624 | ~2.0127% | ~$539,432 | -18.5% |
| 2031 | ~$25,461,543 | ~$25,461,543 | ~2.0127% | ~$512,461 | -22.6% |
| 2027 | ~$29,976,013 | ~$29,976,013 | ~1.9225% | ~$576,300 | -8.9% |
| 2028 | ~$27,307,444 | ~$27,307,444 | ~1.8324% | ~$500,379 | -17.0% |
| 2029 | ~$24,876,440 | ~$24,876,440 | ~1.7422% | ~$433,408 | -24.4% |
| 2030 | ~$22,661,852 | ~$22,661,852 | ~1.6521% | ~$374,395 | -31.1% |
| 2031 | ~$20,644,415 | ~$20,644,415 | ~1.5619% | ~$322,455 | -37.3% |
In 2025, this property's market value of $33,483,803 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 24× the county median of $1,382,921. 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 | $33,483,803 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $36,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $55,761,450 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $67,866,873 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $58,605,100 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |