211 E RIVERSIDE DR TX 78704
| Owner | 209 EAST RIVERSIDE PROPERTY LLC |
|---|---|
| Parcel ID | 0201010227 |
| Short ID | 710927 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 13,000 SF |
| Land SF | 23,479 SF |
| Acres | 0.539 |
| Year Built | 1999 |
| Legal | LOT 2 BLK A C B J RIVERSIDE SUBD RESUB OF LOT 1 BLK A |
| Neighborhood | 52SCN |
| Land | $4,930,556 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,930,556 |
| Improvement | $328,544 |
|---|---|
| Total Improvement | $328,544 |
| Market | $5,259,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,259,100 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,259,100 |
| Exemptions (−) | −$58,004 |
|---|---|
| Taxable Value | $5,201,096 |
Appreciation: Market value has risen +45.4% from $3,617,700 (2021) to $5,259,100 (2025), a CAGR of 9.8% over 4 years. This is strong appreciation — well above typical inflation. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $106,440. 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 94% of market value ($4,930,556 land vs $328,544 improvements), about $210/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $5,259,100, this parcel sits in the top quartile (≥75th 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,394,794 by 2030, with an estimated annual tax burden around $158,136. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 9,239 SF | ✓ |
| 187 | PARKING GARAGE | 6,798 SF | ✓ |
| 1ST | 1st Floor | 3,761 SF | ✓ |
| 611 | TERRACE | 768 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 36 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $48,120.54 | $48,120.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,254.63 | $27,254.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,548.06 | $19,548.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,138.49 | $6,138.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,377.93 | $5,377.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $106,439.65 | $106,439.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,259,100 | $5,259,100 | +0.0% |
| Assessed Value | $5,259,100 | $5,259,100 | +0.0% |
| Land Value | $4,930,556 | $4,930,556 | +0.0% |
| Improvement Value | $328,544 | $328,544 | +0.0% |
| Taxable Value | $5,201,096 | $5,201,096 | +0.0% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$106,440
Estimated
|
~$106,440
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,259,100 | $5,259,100 | +0 (+0.0%) |
| Taxable Value | $5,201,096 | $5,201,096 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,259,100 | $4,930,556 | $328,544 | — | $5,259,100 | $5,201,096 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,259,100 | $4,930,556 | $328,544 | — | $5,259,100 | $5,201,096 | ~$106,440 | Partial |
| 2024 | $5,245,434 | — | — | −$314,878 | $4,930,556 | $— | $104,226 | Verified |
| 2023 | $4,013,446 | — | — | — | $4,930,556 ! | $— | $94,903 | Verified |
| 2022 | $3,725,822 | — | — | −$1,143,150 | $2,582,672 | $— | $79,262 | Verified |
| 2021 | $3,617,700 | — | — | −$1,035,028 | $2,582,672 | $— | $81,099 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.9800% | Verified |
| 2023 | +30.7% | +30.7% | ~100% | 1.8100% | Verified |
| 2022 | +7.7% | +7.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.3% | +9.8% | +30.7% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 92.9% | — | 122.9% | 2023 | 69.3% | 2022 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$106,440 | $93,186 | ~$136,454 | $106,440 | 2025 | $79,262 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,774,723 | ~$5,774,723 | ~2.0139% | ~$116,299 | +9.8% |
| 2027 | ~$6,340,899 | ~$6,340,899 | ~1.9814% | ~$125,638 | +20.6% |
| 2028 | ~$6,962,586 | ~$6,962,586 | ~1.9488% | ~$135,690 | +32.4% |
| 2029 | ~$7,645,226 | ~$7,645,226 | ~1.9163% | ~$146,505 | +45.4% |
| 2030 | ~$8,394,794 | ~$8,394,794 | ~1.8837% | ~$158,136 | +59.6% |
| 2026 | ~$5,669,541 | ~$5,669,541 | ~2.0465% | ~$116,026 | +7.8% |
| 2027 | ~$6,112,014 | ~$6,112,014 | ~2.0465% | ~$125,081 | +16.2% |
| 2028 | ~$6,589,020 | ~$6,589,020 | ~2.0465% | ~$134,843 | +25.3% |
| 2029 | ~$7,103,253 | ~$7,103,253 | ~2.0465% | ~$145,367 | +35.1% |
| 2030 | ~$7,657,619 | ~$7,657,619 | ~2.0465% | ~$156,712 | +45.6% |
| 2026 | ~$5,879,905 | ~$5,785,010 | ~1.9977% | ~$115,565 | +11.8% |
| 2027 | ~$6,573,992 | ~$6,363,511 | ~1.9488% | ~$124,015 | +25.0% |
| 2028 | ~$7,350,012 | ~$6,999,862 | ~1.9000% | ~$132,999 | +39.8% |
| 2029 | ~$8,217,636 | ~$7,699,848 | ~1.8512% | ~$142,539 | +56.3% |
| 2030 | ~$9,187,679 | ~$8,469,833 | ~1.8024% | ~$152,658 | +74.7% |
In 2025, this property's market value of $5,259,100 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,259,100 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,245,434 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,013,446 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,725,822 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,617,700 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.