718 E 11 ST TX 78701
| Owner | I-35 & 11TH STREET LP |
|---|---|
| Parcel ID | 0208051402 |
| Short ID | 197045 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 1,715 SF |
| Land SF | 11,852 SF |
| Acres | 0.272 |
| Year Built | 1966 |
| Legal | LOT 4 PLUS ADJ 1/2 VAC ALLEY BLOCK 141 ORIGINAL CITY |
| Neighborhood | 83CEN |
| Land | $4,044,495 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,044,495 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,364,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,364,500 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,364,500 |
| Taxable Value | $3,364,500 |
|---|
Appreciation: Market value has risen +46.2% from $2,301,088 (2021) to $3,364,500 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $68,854. Austin ISD is the largest single contributor, at 43.5% 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 120% of market value ($4,044,495 land vs $0 improvements), about $341/SF of land. With value concentrated in the land under a ~60-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 $3,364,500, 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 +19.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,145,955 by 2031, with an estimated annual tax burden around $122,486. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,860 SF | ✗ |
| 1ST | 1st Floor | 1,715 SF | ✓ |
| 501 | CANOPY | 690 SF | ✗ |
| SO | Sketch Only | 526 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $31,128.35 | $31,128.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,630.55 | $17,630.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,645.31 | $12,645.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,970.88 | $3,970.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,478.89 | $3,478.89 | Paid |
| P2U | — | — | — | — | — | — | $2,649.66 | $2,649.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,503.64 | $71,503.64 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $31,128.35 | 43.5% |
| CAT City of Austin | 0.5240% | $17,630.55 | 24.7% |
| TCO Travis County | 0.3758% | $12,645.31 | 17.7% |
| THD Travis Central Health | 0.1180% | $3,970.88 | 5.6% |
| ACT Austin Community College | 0.1034% | $3,478.89 | 4.9% |
| P2U | — | $2,649.66 | 3.7% |
| Total | 2.0465% 5 of 6 | $71,503.64 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,500,000 | $3,364,500 | +63.5% |
| Assessed Value | $4,037,400 | $3,364,500 | +20.0% |
| Land Value | $5,333,400 | $4,044,495 | +31.9% |
| Improvement Value | $166,600 | — | — |
| Taxable Value | $4,037,400 | $3,364,500 | +20.0% |
| HS Cap Loss | -$1,462,600 | — | |
| Total Tax 2026 = estimate |
~$82,625
Estimated
|
~$71,504
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,500,000 | $5,333,400 | $166,600 | −$1,462,600 | $4,037,400 | $4,037,400 | Not yet — post-cert | Preliminary |
| 2025 | $3,364,500 | $4,044,495 | — | — | $3,364,500 | $3,364,500 | ~$71,504 | Partial |
| 2024 | $4,294,416 | $4,044,495 | $249,921 | −$1,133,824 | $3,160,592 | $3,160,592 | $65,098 | Verified |
| 2023 | $2,633,827 | $2,370,400 | $263,427 | — | $2,633,827 | $2,633,827 | $49,626 | Verified |
| 2022 | $2,597,388 | $2,370,400 | $226,988 | — | $2,597,388 | $2,597,388 | $53,394 | Verified |
| 2021 | $2,301,088 | $2,074,100 | $226,988 | — | $2,301,088 | $2,301,088 | $51,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.5% | +20.0% | 73.4% | Not available | Partial |
| 2025 | -21.7% | +6.5% | ~100% | Not available | Partial |
| 2024 | +63.0% | +20.0% | 73.6% | No billing data | Verified |
| 2023 | +1.4% | +1.4% | ~100% | No billing data | Verified |
| 2022 | +12.9% | +12.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +63.5% | +23.8% | +19.0% | +63.5% | 2026 | -21.7% | 2025 |
| Assessment Ratio | 73.4% | 91.2% | — | 100.0% | 2021 | 73.4% | 2026 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$71,504 | $58,302 | ~$105,345 | $71,504 | 2025 | $49,626 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,547,094 | ~$4,441,140 | ~2.0139% | ~$89,442 | +19.0% |
| 2028 | ~$7,793,535 | ~$4,885,254 | ~1.9814% | ~$96,796 | +41.7% |
| 2029 | ~$9,277,274 | ~$5,373,779 | ~1.9488% | ~$104,726 | +68.7% |
| 2030 | ~$11,043,488 | ~$5,911,157 | ~1.9163% | ~$113,275 | +100.8% |
| 2031 | ~$13,145,955 | ~$6,502,273 | ~1.8837% | ~$122,486 | +139.0% |
| 2027 | ~$6,437,094 | ~$4,441,140 | ~2.0465% | ~$90,887 | +17.0% |
| 2028 | ~$7,533,851 | ~$4,885,254 | ~2.0465% | ~$99,976 | +37.0% |
| 2029 | ~$8,817,474 | ~$5,373,779 | ~2.0465% | ~$109,974 | +60.3% |
| 2030 | ~$10,319,802 | ~$5,911,157 | ~2.0465% | ~$120,971 | +87.6% |
| 2031 | ~$12,078,097 | ~$6,502,273 | ~2.0465% | ~$133,068 | +119.6% |
| 2027 | ~$6,657,094 | ~$4,441,140 | ~1.9977% | ~$88,719 | +21.0% |
| 2028 | ~$8,057,618 | ~$4,885,254 | ~1.9488% | ~$95,206 | +46.5% |
| 2029 | ~$9,752,786 | ~$5,373,779 | ~1.9000% | ~$102,103 | +77.3% |
| 2030 | ~$11,804,585 | ~$5,911,157 | ~1.8512% | ~$109,427 | +114.6% |
| 2031 | ~$14,288,042 | ~$6,502,273 | ~1.8024% | ~$117,195 | +159.8% |
In 2025, this property's market value of $3,364,500 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +143% 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 | $3,364,500 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,294,416 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $2,633,827 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,597,388 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,301,088 | $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 |
| 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 | — |