11305 ALTERRA PARKWAY TX 78758
| Owner | DOMAIN 5 PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0254080501 |
| Short ID | 858857 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 76,044 SF |
| Land SF | 203,164 SF |
| Acres | 4.664 |
| Year Built | 2016 |
| Legal | LOT J RREEF DOMAIN LOT J SUBD |
| Neighborhood | 51NWE |
| Land | $11,427,966 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,427,966 |
| Improvement | $12,771,693 |
|---|---|
| Total Improvement | $12,771,693 |
| Market | $24,199,659 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,199,659 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,199,659 |
| Taxable Value | $24,199,659 |
|---|
Appreciation: Market value has fallen -21.5% from $30,834,400 (2021) to $24,199,659 (2025), a CAGR of -5.9% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $495,242. Austin ISD is the largest single contributor, at 45.2% 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 47% of market value ($11,427,966 land vs $12,771,693 improvements), about $56/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $24,199,659, 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 -2.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $23,811,528 by 2031, with an estimated annual tax burden around $448,548. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 25,968 SF | ✓ |
| 3RD | 3rd Floor | 25,968 SF | ✓ |
| 1ST | 1st Floor | 24,108 SF | ✓ |
| 501 | CANOPY | 1,860 SF | ✗ |
| 611 | TERRACE | 1,860 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% | $223,895.25 | $223,895.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $126,810.33 | $126,810.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $90,953.21 | $90,953.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,561.16 | $28,561.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,022.45 | $25,022.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $495,242.40 | $495,242.40 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $223,895.25 | 45.2% |
| CAT City of Austin | 0.5240% | $126,810.33 | 25.6% |
| TCO Travis County | 0.3758% | $90,953.21 | 18.4% |
| THD Travis Central Health | 0.1180% | $28,561.16 | 5.8% |
| ACT Austin Community College | 0.1034% | $25,022.45 | 5.1% |
| Total | 2.0465% | $495,242.40 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,096,387 | $24,199,659 | +12.0% |
| Assessed Value | $27,096,387 | $24,199,659 | +12.0% |
| Land Value | $11,427,966 | $11,427,966 | +0.0% |
| Improvement Value | $15,668,421 | $12,771,693 | +22.7% |
| Taxable Value | $27,096,387 | $24,199,659 | +12.0% |
| Total Tax 2026 = estimate |
~$554,524
Estimated
|
~$495,242
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $27,096,387 | $11,427,966 | $15,668,421 | — | $27,096,387 | $27,096,387 | Not yet — post-cert | Preliminary |
| 2025 | $24,199,659 | $11,427,966 | $12,771,693 | — | $24,199,659 | $24,199,659 | ~$495,242 | Partial |
| 2024 | $26,416,811 | $11,427,966 | $14,988,845 | — | $26,416,811 | $26,416,811 | $523,532 | Verified |
| 2023 | $31,865,015 | $11,427,966 | $20,437,049 | — | $31,865,015 | $31,865,015 | $527,507 | Verified |
| 2022 | $34,949,700 | $7,428,178 | $27,521,522 | — | $34,949,700 | $34,949,700 | $690,230 | Verified |
| 2021 | $30,834,400 | $6,856,779 | $23,977,621 | — | $30,834,400 | $30,834,400 | $671,166 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.0% | +12.0% | ~100% | Not available | Partial |
| 2025 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2024 | -17.1% | -17.1% | ~100% | No billing data | Verified |
| 2023 | -8.8% | -8.8% | ~100% | No billing data | Verified |
| 2022 | +13.3% | +13.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.0% | -1.8% | -2.6% | +13.3% | 2022 | -17.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$495,242 | $581,535 | ~$489,415 | $690,230 | 2022 | $495,242 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$26,405,024 | ~$26,405,024 | ~2.0139% | ~$531,780 | -2.6% |
| 2028 | ~$25,731,301 | ~$25,731,301 | ~1.9814% | ~$509,837 | -5.0% |
| 2029 | ~$25,074,768 | ~$25,074,768 | ~1.9488% | ~$488,667 | -7.5% |
| 2030 | ~$24,434,986 | ~$24,434,986 | ~1.9163% | ~$468,245 | -9.8% |
| 2031 | ~$23,811,528 | ~$23,811,528 | ~1.8837% | ~$448,548 | -12.1% |
| 2027 | ~$25,863,096 | ~$25,863,096 | ~2.0465% | ~$529,284 | -4.6% |
| 2028 | ~$24,685,938 | ~$24,685,938 | ~2.0465% | ~$505,194 | -8.9% |
| 2029 | ~$23,562,359 | ~$23,562,359 | ~2.0465% | ~$482,200 | -13.0% |
| 2030 | ~$22,489,919 | ~$22,489,919 | ~2.0465% | ~$460,253 | -17.0% |
| 2031 | ~$21,466,291 | ~$21,466,291 | ~2.0465% | ~$439,304 | -20.8% |
| 2027 | ~$26,946,952 | ~$26,946,952 | ~1.9977% | ~$538,309 | -0.6% |
| 2028 | ~$26,798,340 | ~$26,798,340 | ~1.9488% | ~$522,257 | -1.1% |
| 2029 | ~$26,650,548 | ~$26,650,548 | ~1.9000% | ~$506,365 | -1.6% |
| 2030 | ~$26,503,572 | ~$26,503,572 | ~1.8512% | ~$490,633 | -2.2% |
| 2031 | ~$26,357,406 | ~$26,357,406 | ~1.8024% | ~$475,058 | -2.7% |
In 2025, this property's market value of $24,199,659 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 17× 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 | $24,199,659 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $26,416,811 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $31,865,015 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $34,949,700 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $30,834,400 | $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 | — |