11824 JOLLYVILLE RD 503 TX 78759
| Owner | SMIJ INVESTMENTS LLC |
|---|---|
| Parcel ID | 0164031718 |
| Short ID | 698493 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,231 SF |
| Land SF | 3,884 SF |
| Acres | 0.089 |
| Year Built | 1985 |
| Legal | UNT 503 BLD 5 CORNERSTONES OFFICE CONDOMINIUM AMENDED THE PLUS 4.5451 % INT IN COM AREA |
| Neighborhood | 26FNW01 |
| Land | $97,103 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $97,103 |
| Improvement | $214,922 |
|---|---|
| Total Improvement | $214,922 |
| Market | $312,025 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $312,025 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $312,025 |
| Taxable Value | $312,025 |
|---|
Appreciation: Market value has risen +24.3% from $251,000 (2021) to $312,025 (2025), a CAGR of 5.6% 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 +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $6,285. Round Rock ISD is the largest single contributor, at 44.3% 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 31% of market value ($97,103 land vs $214,922 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $312,025, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $409,576 by 2030, with an estimated annual tax burden around $7,051. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,231 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $2,786.70 | $2,786.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,635.06 | $1,635.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,172.73 | $1,172.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $368.26 | $368.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $322.63 | $322.63 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $6,285.38 | $6,285.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $336,908 | $312,025 | +8.0% |
| Assessed Value | $336,908 | $312,025 | +8.0% |
| Land Value | $97,103 | $97,103 | +0.0% |
| Improvement Value | $239,805 | $214,922 | +11.6% |
| Taxable Value | $336,908 | $312,025 | +8.0% |
| Total Tax 2026 = estimate |
~$6,787
Estimated
|
~$6,285
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $399,257 | $336,908 | -62,349 (-15.6%) |
| Taxable Value | $374,430 | $336,908 | -37,522 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $336,908 | $97,103 | $239,805 | — | $336,908 | $336,908 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $312,025 | $97,103 | $214,922 | — | $312,025 | $312,025 | ~$6,285 | Partial |
| 2024 | $297,187 | — | — | −$200,084 | $97,103 | $— | $6,863 | Verified |
| 2023 | $260,000 | — | — | −$162,897 | $97,103 | $— | $5,554 | Verified |
| 2022 | $258,007 | — | — | −$160,904 | $97,103 | $— | $5,306 | Verified |
| 2021 | $251,000 | — | — | −$153,897 | $97,103 | $— | $5,802 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.0% | +20.0% | 93.8% | Not available | Partial |
| 2025 | -15.0% | -12.5% | ~100% | Not available | Partial |
| 2024 | +23.5% | +20.0% | 97.2% | 1.8700% | Verified |
| 2023 | +14.3% | +14.3% | ~100% | 1.8700% | Verified |
| 2022 | +0.8% | +0.8% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.0% | +6.2% | +4.0% | +14.3% | 2024 | +0.8% | 2023 |
| Assessment Ratio | 100.0% | 57.7% | — | 100.0% | 2025 | 32.7% | 2024 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,285 | $5,962 | ~$6,751 | $6,863 | 2024 | $5,306 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$329,472 | ~$329,472 | ~1.9558% | ~$6,444 | +5.6% |
| 2027 | ~$347,894 | ~$347,894 | ~1.8973% | ~$6,601 | +11.5% |
| 2028 | ~$367,347 | ~$367,347 | ~1.8387% | ~$6,755 | +17.7% |
| 2029 | ~$387,887 | ~$387,887 | ~1.7802% | ~$6,905 | +24.3% |
| 2030 | ~$409,576 | ~$409,576 | ~1.7216% | ~$7,051 | +31.3% |
| 2026 | ~$323,231 | ~$323,231 | ~2.0144% | ~$6,511 | +3.6% |
| 2027 | ~$334,840 | ~$334,840 | ~2.0144% | ~$6,745 | +7.3% |
| 2028 | ~$346,866 | ~$346,866 | ~2.0144% | ~$6,987 | +11.2% |
| 2029 | ~$359,324 | ~$359,324 | ~2.0144% | ~$7,238 | +15.2% |
| 2030 | ~$372,229 | ~$372,229 | ~2.0144% | ~$7,498 | +19.3% |
| 2026 | ~$335,712 | ~$335,712 | ~1.9266% | ~$6,468 | +7.6% |
| 2027 | ~$361,198 | ~$361,198 | ~1.8387% | ~$6,641 | +15.8% |
| 2028 | ~$388,618 | ~$388,618 | ~1.7509% | ~$6,804 | +24.5% |
| 2029 | ~$418,120 | ~$418,120 | ~1.6631% | ~$6,954 | +34.0% |
| 2030 | ~$449,862 | ~$449,862 | ~1.5753% | ~$7,087 | +44.2% |
In 2025, this property's market value of $312,025 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -78% below the county median of $1,417,484. 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 | $312,025 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $297,187 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $260,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $258,007 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $251,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |
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.