11119 ALTERRA PARKWAY TX 78758
| Owner | DOMAIN PARKSIDE III LP |
|---|---|
| Parcel ID | 0254080407 |
| Short ID | 841530 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 182,008 SF |
| Land SF | 198,764 SF |
| Acres | 4.563 |
| Year Built | 2014 |
| Legal | LOT 1A BLK K RREEF DOMAIN BLK K SUBD |
| Neighborhood | 08FNW2 |
| Land | $19,876,428 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,876,428 |
| Improvement | $44,283,572 |
|---|---|
| Total Improvement | $44,283,572 |
| Market | $64,160,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $64,160,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $64,160,000 |
| Taxable Value | $64,160,000 |
|---|
Appreciation: Market value has risen +0.8% from $63,630,000 (2021) to $64,160,000 (2025), a CAGR of 0.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has lagged the broader multi-family 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 $1,313,025. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 31% of market value ($19,876,428 land vs $44,283,572 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $64,160,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 -1.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $56,957,806 by 2031, with an estimated annual tax burden around $1,072,938. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 133,824 SF | ✓ |
| 3RD | 3rd Floor | 66,268 SF | ✓ |
| 4TH | 4th Floor | 66,268 SF | ✓ |
| 2ND | 2nd Floor | 59,481 SF | ✓ |
| 1ST | 1st Floor | 56,259 SF | ✓ |
| * | — | 5,788 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 276 | ELEVATOR COM PAS | 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% | $573,624.00 | $573,624.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $324,890.54 | $324,890.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $233,023.90 | $233,023.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $73,174.26 | $73,174.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $64,108.00 | $64,108.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,268,820.70 | $1,268,820.70 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $573,624.00 | 45.2% |
| CAT City of Austin | 0.5240% | $324,890.54 | 25.6% |
| TCO Travis County | 0.3758% | $233,023.90 | 18.4% |
| THD Travis Central Health | 0.1180% | $73,174.26 | 5.8% |
| ACT Austin Community College | 0.1034% | $64,108.00 | 5.1% |
| Total | 2.0465% | $1,268,820.70 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $60,201,538 | $64,160,000 | -6.2% |
| Assessed Value | $60,201,538 | $64,160,000 | -6.2% |
| Land Value | $19,876,428 | $19,876,428 | +0.0% |
| Improvement Value | $40,325,110 | $44,283,572 | -8.9% |
| Taxable Value | $60,201,538 | $64,160,000 | -6.2% |
| Total Tax 2026 = estimate |
~$1,232,015
Estimated
|
~$1,268,821
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $60,201,538 | $19,876,428 | $40,325,110 | — | $60,201,538 | $60,201,538 | Not yet — post-cert | Preliminary |
| 2025 | $64,160,000 | $19,876,428 | $44,283,572 | — | $64,160,000 | $64,160,000 | ~$1,268,821 | Partial |
| 2024 | $73,800,000 | $19,876,428 | $53,923,572 | — | $73,800,000 | $73,800,000 | $1,426,849 | Verified |
| 2023 | $84,943,380 | $19,876,428 | $65,066,952 | — | $84,943,380 | $84,943,380 | $1,443,188 | Verified |
| 2022 | $79,556,030 | $12,919,678 | $66,636,352 | — | $79,556,030 | $79,556,030 | $1,529,968 | Verified |
| 2021 | $63,630,000 | $11,925,857 | $51,704,143 | — | $63,630,000 | $63,630,000 | $1,385,021 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2025 | -13.1% | -13.1% | ~100% | Not available | Partial |
| 2024 | -13.1% | -13.1% | ~100% | No billing data | Verified |
| 2023 | +6.8% | +6.8% | ~100% | No billing data | Verified |
| 2022 | +25.0% | +25.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.2% | -0.1% | -1.1% | +25.0% | 2022 | -13.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,268,821 | $1,410,769 | ~$1,135,442 | $1,529,968 | 2022 | $1,268,821 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$59,538,340 | ~$59,538,340 | ~2.0139% | ~$1,199,064 | -1.1% |
| 2028 | ~$58,882,447 | ~$58,882,447 | ~1.9814% | ~$1,166,690 | -2.2% |
| 2029 | ~$58,233,780 | ~$58,233,780 | ~1.9488% | ~$1,134,883 | -3.3% |
| 2030 | ~$57,592,259 | ~$57,592,259 | ~1.9163% | ~$1,103,635 | -4.3% |
| 2031 | ~$56,957,806 | ~$56,957,806 | ~1.8837% | ~$1,072,938 | -5.4% |
| 2027 | ~$58,334,309 | ~$58,334,309 | ~2.0465% | ~$1,193,803 | -3.1% |
| 2028 | ~$56,524,994 | ~$56,524,994 | ~2.0465% | ~$1,156,776 | -6.1% |
| 2029 | ~$54,771,798 | ~$54,771,798 | ~2.0465% | ~$1,120,897 | -9.0% |
| 2030 | ~$53,072,979 | ~$53,072,979 | ~2.0465% | ~$1,086,131 | -11.8% |
| 2031 | ~$51,426,852 | ~$51,426,852 | ~2.0465% | ~$1,052,443 | -14.6% |
| 2027 | ~$60,742,370 | ~$60,742,370 | ~1.9977% | ~$1,213,427 | +0.9% |
| 2028 | ~$61,288,061 | ~$61,288,061 | ~1.9488% | ~$1,194,406 | +1.8% |
| 2029 | ~$61,838,655 | ~$61,838,655 | ~1.9000% | ~$1,174,945 | +2.7% |
| 2030 | ~$62,394,195 | ~$62,394,195 | ~1.8512% | ~$1,155,038 | +3.6% |
| 2031 | ~$62,954,725 | ~$62,954,725 | ~1.8024% | ~$1,134,678 | +4.6% |
In 2025, this property's market value of $64,160,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 124× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $64,160,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $73,800,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $84,943,380 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $79,556,030 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $63,630,000 | $353,349 | $436,046 | $657,886 | ↑ 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 | — |