11606 MAIN ST TX 78645
| Owner | CARDINAL CAPITAL LLC |
|---|---|
| Parcel ID | 0193550309 |
| Short ID | 186806 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 3,600 SF |
| Land SF | 26,310 SF |
| Acres | 0.604 |
| Year Built | 1983 |
| Legal | NW 200' OF TRT B JONESTOWN HILLS UNIT 7 |
| Neighborhood | 61NWE |
| Land | $92,085 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $92,085 |
| Improvement | $294,949 |
|---|---|
| Total Improvement | $294,949 |
| Market | $387,034 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $387,034 |
| Value Limitation Adjustment (−) (homestead cap) | −$16,048 |
| Net Appraised (assessed) | $370,986 |
| Taxable Value | $370,986 |
|---|
Appreciation: Market value has risen +37.5% from $281,438 (2021) to $387,034 (2025), a CAGR of 8.3% 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 +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 7 taxing entities is 2.2822% in 2025 (+0.0581% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,467. Leander ISD is the largest single contributor, at 47.6% of the total 2025 levy.
Assessment Gap: Assessed value ($370,986) is $16,048 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 24% of market value ($92,085 land vs $294,949 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $387,034, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $576,378 by 2030, with an estimated annual tax burden around $10,650. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,800 SF | ✗ |
| 1ST | 1st Floor | 3,600 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,000 SF | ✓ |
| 093 | HVAC COMMRCL SF | 2,000 SF | ✗ |
| 327 | STORAGE COMM'L | 1,632 SF | ✓ |
| 501 | CANOPY | 300 SF | ✗ |
| 288 | SHED SF | 49 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $3,360.21 | $3,360.21 | Paid |
| CJO City of Jonestown | 0.5188% | 0.4190% | 0.3905% | 0.3925% | 0.3981% | +0.0056% | $1,230.75 | $1,230.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,161.94 | $1,161.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $364.87 | $364.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $319.67 | $319.67 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $309.16 | $309.16 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $309.05 | $309.05 | Paid |
| Combined Rate | 2.6298% | 2.3876% | 2.1873% | 2.2241% | 2.2822% | +0.0581% | $7,055.65 | $7,055.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $492,376 | $387,034 | +27.2% |
| Assessed Value | $370,986 | $370,986 | +0.0% |
| Land Value | $92,085 | $92,085 | +0.0% |
| Improvement Value | $400,291 | $294,949 | +35.7% |
| Taxable Value | $370,986 | $370,986 | +0.0% |
| HS Cap Loss | -$121,390 | — | |
| Total Tax 2026 = estimate |
~$8,467
Estimated
|
~$7,056
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $624,753 | $492,376 | -132,377 (-21.2%) |
| Taxable Value | $370,986 | $370,986 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $492,376 | $92,085 | $400,291 | −$121,390 | $370,986 | $370,986 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $387,034 | $92,085 | $294,949 | −$16,048 | $370,986 | $370,986 | ~$7,056 | Partial |
| 2024 | $340,000 | — | — | −$247,915 | $92,085 | $— | $6,876 | Verified |
| 2023 | $277,169 | — | — | −$185,084 | $92,085 | $— | $7,437 | Verified |
| 2022 | $277,169 | — | — | −$185,084 | $92,085 | $— | $6,618 | Verified |
| 2021 | $281,438 | — | — | −$189,353 | $92,085 | $— | $7,289 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +61.4% | +0.0% | 59.4% | Not available | Partial |
| 2025 | +25.2% | +20.0% | 95.8% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | 2.2200% | Verified |
| 2023 | +22.7% | +22.7% | ~100% | 2.1900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.3900% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +27.2% | +12.4% | +3.7% | +27.2% | 2026 | -1.5% | 2022 |
| Assessment Ratio | 75.3% | 49.6% | — | 95.9% | 2025 | 27.1% | 2024 |
| Effective Tax Rate (2025) | 1.8200% | 1.8200% | — | 1.8200% | 2025 | 1.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,056 | $7,055 | ~$9,861 | $7,437 | 2023 | $6,618 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$419,122 | ~$408,085 | ~2.1953% | ~$8,959 | +8.3% |
| 2027 | ~$453,871 | ~$448,893 | ~2.1085% | ~$9,465 | +17.3% |
| 2028 | ~$491,500 | ~$491,500 | ~2.0216% | ~$9,936 | +27.0% |
| 2029 | ~$532,250 | ~$532,250 | ~1.9347% | ~$10,297 | +37.5% |
| 2030 | ~$576,378 | ~$576,378 | ~1.8478% | ~$10,650 | +48.9% |
| 2026 | ~$411,382 | ~$408,085 | ~2.2822% | ~$9,313 | +6.3% |
| 2027 | ~$437,261 | ~$437,261 | ~2.2822% | ~$9,979 | +13.0% |
| 2028 | ~$464,768 | ~$464,768 | ~2.2822% | ~$10,607 | +20.1% |
| 2029 | ~$494,006 | ~$494,006 | ~2.2822% | ~$11,274 | +27.6% |
| 2030 | ~$525,083 | ~$525,083 | ~2.2822% | ~$11,984 | +35.7% |
| 2026 | ~$426,863 | ~$408,085 | ~2.1519% | ~$8,782 | +10.3% |
| 2027 | ~$470,791 | ~$448,893 | ~2.0216% | ~$9,075 | +21.6% |
| 2028 | ~$519,239 | ~$493,782 | ~1.8912% | ~$9,339 | +34.2% |
| 2029 | ~$572,673 | ~$543,161 | ~1.7609% | ~$9,565 | +48.0% |
| 2030 | ~$631,605 | ~$597,477 | ~1.6306% | ~$9,742 | +63.2% |
In 2025, this property's market value of $387,034 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% 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 | $387,034 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $340,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $277,169 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $277,169 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $281,438 | $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.