510 W 11 ST TX 78701
| Owner | TRAVIS COUNTY |
|---|---|
| Parcel ID | 0208010411 |
| Short ID | 196742 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 10,400 SF |
| Acres | 0.239 |
| Year Built | — |
| Legal | E 21 FT OF LOT 2 & W 44 FT OF LOT 3 BLOCK 132 ORIGINAL CITY |
| Neighborhood | 1CBD1 |
| Land | $2,080,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,080,000 |
| Improvement | $6,056 |
|---|---|
| Total Improvement | $6,056 |
| Market | $2,086,056 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,086,056 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,086,056 |
| Taxable Value | $2,086,056 |
|---|
Appreciation: Market value has risen +33.2% from $1,566,000 (2021) to $2,086,056 (2025), a CAGR of 7.4% 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 +17.8%, so this parcel has outpaced the broader commercial market over the same period.
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 100% of market value ($2,080,000 land vs $6,056 improvements), about $200/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,086,056, this parcel sits in the upper-middle (50th–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 +3.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,252,295 by 2031, with an estimated annual tax burden around $0. 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.
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| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,160 SF | ✗ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,878,056 | $2,086,056 | -10.0% |
| Assessed Value | $1,878,056 | $2,086,056 | -10.0% |
| Land Value | $1,872,000 | $2,080,000 | -10.0% |
| Improvement Value | $6,056 | $6,056 | +0.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,878,056 | $1,872,000 | $6,056 | — | $1,878,056 | $— | Not yet — post-cert | Preliminary |
| 2025 | $2,086,056 | $2,080,000 | $6,056 | — | $2,086,056 | $— | not in county billing file Why? | Partial |
| 2024 | $2,086,056 | $2,080,000 | $6,056 | −$206,789 | $1,879,267 | $1,879,267 | $21,135 | Verified |
| 2023 | $1,566,056 | $1,560,000 | $6,056 | — | $1,566,056 | $1,566,056 | $28,334 | Verified |
| 2022 | $1,566,056 | $1,560,000 | $6,056 | — | $1,566,056 | $1,566,056 | $30,928 | Verified |
| 2021 | $1,566,000 | $1,560,000 | $6,000 | — | $1,566,000 | $1,566,000 | $34,087 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.0% | -10.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +11.0% | ~100% | Not available | Partial |
| 2024 | +33.2% | +20.0% | 90.1% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.0% | +4.6% | +3.7% | +33.2% | 2024 | -10.0% | 2026 |
| Assessment Ratio | 100.0% | 98.4% | — | 100.0% | 2021 | 90.1% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $21,135 | $28,621 | — | $34,087 | 2021 | $21,135 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,947,565 | ~$1,947,565 | ~0.0000% | ~$0 | +3.7% |
| 2028 | ~$2,019,646 | ~$2,019,646 | ~0.0000% | ~$0 | +7.5% |
| 2029 | ~$2,094,395 | ~$2,094,395 | ~0.0000% | ~$0 | +11.5% |
| 2030 | ~$2,171,911 | ~$2,171,911 | ~0.0000% | ~$0 | +15.6% |
| 2031 | ~$2,252,295 | ~$2,252,295 | ~0.0000% | ~$0 | +19.9% |
| 2027 | ~$1,910,004 | ~$1,910,004 | ~0.0000% | ~$0 | +1.7% |
| 2028 | ~$1,942,495 | ~$1,942,495 | ~0.0000% | ~$0 | +3.4% |
| 2029 | ~$1,975,538 | ~$1,975,538 | ~0.0000% | ~$0 | +5.2% |
| 2030 | ~$2,009,144 | ~$2,009,144 | ~0.0000% | ~$0 | +7.0% |
| 2031 | ~$2,043,322 | ~$2,043,322 | ~0.0000% | ~$0 | +8.8% |
| 2027 | ~$1,985,126 | ~$1,985,126 | ~0.0000% | ~$0 | +5.7% |
| 2028 | ~$2,098,300 | ~$2,098,300 | ~0.0000% | ~$0 | +11.7% |
| 2029 | ~$2,217,926 | ~$2,217,926 | ~0.0000% | ~$0 | +18.1% |
| 2030 | ~$2,344,372 | ~$2,344,372 | ~0.0000% | ~$0 | +24.8% |
| 2031 | ~$2,478,027 | ~$2,478,027 | ~0.0000% | ~$0 | +31.9% |
In 2025, this property's market value of $2,086,056 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +51% above 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 | $2,086,056 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,086,056 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,566,056 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,566,056 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,566,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 |
| 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 | — |