701 E 11 ST TX 78701
| Owner | MENSA II AUSTIN HOTEL LP |
|---|---|
| Parcel ID | 0208051301 |
| Short ID | 197042 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 124,035 SF |
| Land SF | 121,440 SF |
| Acres | 2.788 |
| Year Built | 1985 |
| Legal | LOT A REGENCY SQUARE (TOTAL SQ FT 121440) (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 34CBD1 |
| Land | $46,193,347 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $46,193,347 |
| Improvement | $12,133,122 |
|---|---|
| Total Improvement | $12,133,122 |
| Market | $58,326,469 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,326,469 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,326,469 |
| Taxable Value | $58,326,469 |
|---|
Appreciation: Market value has fallen -2.6% from $59,890,000 (2021) to $58,326,469 (2025), a CAGR of -0.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,193,642. Austin ISD is the largest single contributor, at 43.3% 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 79% of market value ($46,193,347 land vs $12,133,122 improvements), about $380/SF of land. With value concentrated in the land under a ~41-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 $58,326,469, 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 -6.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $32,365,791 by 2031, with an estimated annual tax burden around $609,688. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 321,123 SF | ✗ |
| SO | Sketch Only | 186,050 SF | ✗ |
| ADDL | Additional Floor | 161,810 SF | ✓ |
| 187 | PARKING GARAGE | 115,280 SF | ✓ |
| 1ST | 1st Floor | 42,989 SF | ✓ |
| 2ND | 2nd Floor | 40,786 SF | ✓ |
| 3RD | 3rd Floor | 40,260 SF | ✓ |
| 611 | TERRACE | 18,704 SF | ✗ |
| 4TH | 4th Floor | 16,181 SF | ✓ |
| 5TH | 5th Floor | 16,181 SF | ✓ |
| 501 | CANOPY | 5,536 SF | ✗ |
| LOBBY | Lobby | 2,916 SF | ✓ |
| 407 | LOADING DOCK | 2,279 SF | ✓ |
| 601 | POOL COMM'L | 1,754 SF | ✗ |
| 282 | LIGHT POLES FV | 1 SF | ✓ |
| 349 | SPA FV | 1 SF | ✗ |
| 549 | FENCE COMM FV | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $510,710.40 | $510,710.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $289,257.38 | $289,257.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $207,466.44 | $207,466.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $65,148.70 | $65,148.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $57,076.80 | $57,076.80 | Paid |
| P2U | — | — | — | — | — | — | $50,597.50 | $50,597.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,180,257.22 | $1,180,257.22 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $510,710.40 | 43.3% |
| CAT City of Austin | 0.5240% | $289,257.38 | 24.5% |
| TCO Travis County | 0.3758% | $207,466.44 | 17.6% |
| THD Travis Central Health | 0.1180% | $65,148.70 | 5.5% |
| ACT Austin Community College | 0.1034% | $57,076.80 | 4.8% |
| P2U | — | $50,597.50 | 4.3% |
| Total | 2.0465% 5 of 6 | $1,180,257.22 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $44,027,119 | $58,326,469 | -24.5% |
| Assessed Value | $44,027,119 | $58,326,469 | -24.5% |
| Land Value | $30,360,000 | $46,193,347 | -34.3% |
| Improvement Value | $13,667,119 | $12,133,122 | +12.6% |
| Taxable Value | $44,027,119 | $58,326,469 | -24.5% |
| Total Tax 2026 = estimate |
~$901,008
Estimated
|
~$1,180,257
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $44,027,119 | $30,360,000 | $13,667,119 | — | $44,027,119 | $44,027,119 | Not yet — post-cert | Preliminary |
| 2025 | $58,326,469 | $46,193,347 | $12,133,122 | — | $58,326,469 | $58,326,469 | ~$1,180,257 | Partial |
| 2024 | $64,745,198 | $46,193,347 | $18,551,851 | — | $64,745,198 | $64,745,198 | $1,205,526 | Verified |
| 2023 | $60,887,469 | $23,073,600 | $37,813,869 | — | $60,887,469 | $60,887,469 | $1,136,051 | Verified |
| 2022 | $64,770,000 | $23,073,600 | $41,696,400 | — | $64,770,000 | $64,770,000 | $1,343,428 | Verified |
| 2021 | $59,890,000 | $20,189,400 | $39,700,600 | — | $59,890,000 | $59,890,000 | $1,317,611 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -24.5% | -24.5% | ~100% | Not available | Partial |
| 2025 | -9.9% | -9.9% | ~100% | Not available | Partial |
| 2024 | +6.3% | +6.3% | ~100% | No billing data | Verified |
| 2023 | -6.0% | -6.0% | ~100% | No billing data | Verified |
| 2022 | +8.1% | +8.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.5% | -5.2% | -6.0% | +8.1% | 2022 | -24.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,180,257 | $1,236,575 | ~$717,546 | $1,343,428 | 2022 | $1,136,051 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$41,399,344 | ~$41,399,344 | ~2.0139% | ~$833,756 | -6.0% |
| 2028 | ~$38,928,409 | ~$38,928,409 | ~1.9814% | ~$771,323 | -11.6% |
| 2029 | ~$36,604,952 | ~$36,604,952 | ~1.9488% | ~$713,372 | -16.9% |
| 2030 | ~$34,420,172 | ~$34,420,172 | ~1.9163% | ~$659,591 | -21.8% |
| 2031 | ~$32,365,791 | ~$32,365,791 | ~1.8837% | ~$609,688 | -26.5% |
| 2027 | ~$41,825,763 | ~$41,825,763 | ~2.0465% | ~$855,958 | -5.0% |
| 2028 | ~$39,734,475 | ~$39,734,475 | ~2.0465% | ~$813,160 | -9.7% |
| 2029 | ~$37,747,751 | ~$37,747,751 | ~2.0465% | ~$772,502 | -14.3% |
| 2030 | ~$35,860,364 | ~$35,860,364 | ~2.0465% | ~$733,877 | -18.5% |
| 2031 | ~$34,067,345 | ~$34,067,345 | ~2.0465% | ~$697,183 | -22.6% |
| 2027 | ~$42,279,886 | ~$42,279,886 | ~1.9977% | ~$844,609 | -4.0% |
| 2028 | ~$40,601,993 | ~$40,601,993 | ~1.9488% | ~$791,268 | -7.8% |
| 2029 | ~$38,990,688 | ~$38,990,688 | ~1.9000% | ~$740,830 | -11.4% |
| 2030 | ~$37,443,328 | ~$37,443,328 | ~1.8512% | ~$693,149 | -15.0% |
| 2031 | ~$35,957,375 | ~$35,957,375 | ~1.8024% | ~$648,085 | -18.3% |
In 2025, this property's market value of $58,326,469 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 42× 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 | $58,326,469 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $64,745,198 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $60,887,469 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $64,770,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $59,890,000 | $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 | — |