211 E RIVERSIDE DR AUSTIN, TX 78704
| Owner | 211 EAST RIVERSIDE PROPERTY LLC |
|---|---|
| Parcel ID | 0201010228 |
| Short ID | 710928 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 15,344 SF |
| Land SF | 40,598 SF |
| Acres | 0.932 |
| Year Built | 1986 |
| Legal | LOT 1 BLK A C B J RIVERSIDE SUBD RESUB OF LOT 1 BLK A |
| Neighborhood | 52SCN |
| Land | $8,099,285 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,099,285 |
| Improvement | $321,546 |
|---|---|
| Total Improvement | $321,546 |
| Market | $8,420,831 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,420,831 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,420,831 |
| Taxable Value | $8,420,831 |
|---|
Appreciation: Market value has risen +75.1% from $4,809,900 (2021) to $8,420,831 (2025), a CAGR of 15.0% 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 $172,331. 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 96% of market value ($8,099,285 land vs $321,546 improvements), about $199/SF of land. With value concentrated in the land under a ~40-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $8,420,831, 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 +15.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,958,154 by 2030, with an estimated annual tax burden around $255,470. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 18,300 SF | ✗ |
| 1ST | 1st Floor | 7,770 SF | ✓ |
| 2ND | 2nd Floor | 7,574 SF | ✓ |
| 482 | LIGHT POLES | 2 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% | $77,909.53 | $77,909.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,126.59 | $44,126.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $31,649.27 | $31,649.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,938.52 | $9,938.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,707.14 | $8,707.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $172,331.05 | $172,331.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,420,831 | $8,420,831 | +0.0% |
| Assessed Value | $8,420,831 | $8,420,831 | +0.0% |
| Land Value | $8,099,285 | $8,099,285 | +0.0% |
| Improvement Value | $321,546 | $321,546 | +0.0% |
| Taxable Value | $8,420,831 | $8,420,831 | +0.0% |
| Total Tax 2026 = estimate |
~$172,331
Estimated
|
~$172,331
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,420,831 | $8,420,831 | +0 (+0.0%) |
| Taxable Value | $8,420,831 | $8,420,831 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,420,831 | $8,099,285 | $321,546 | — | $8,420,831 | $8,420,831 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,420,831 | $8,099,285 | $321,546 | — | $8,420,831 | $8,420,831 | ~$172,331 | Partial |
| 2024 | $8,432,057 | — | — | −$332,772 | $8,099,285 | $— | $166,885 | Verified |
| 2023 | $5,348,537 | — | — | — | $8,099,285 ! | $— | $152,557 | Verified |
| 2022 | $5,039,593 | — | — | −$797,110 | $4,242,483 | $— | $105,629 | Verified |
| 2021 | $4,809,900 | — | — | −$567,418 | $4,242,482 | $— | $109,696 | 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 | -0.1% | -0.1% | ~100% | 1.9800% | Verified |
| 2023 | +57.7% | +57.7% | ~100% | 1.8100% | Verified |
| 2022 | +6.1% | +6.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +67.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +13.7% | +15.0% | +57.7% | 2024 | -0.1% | 2025 |
| Assessment Ratio | 100.0% | 103.3% | — | 151.4% | 2023 | 84.2% | 2022 |
| 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 |
$172,331 | $141,420 | ~$219,719 | $172,331 | 2025 | $105,629 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,686,339 | ~$9,262,914 | ~2.0139% | ~$186,549 | +15.0% |
| 2027 | ~$11,142,032 | ~$10,189,206 | ~1.9814% | ~$201,888 | +32.3% |
| 2028 | ~$12,816,491 | ~$11,208,126 | ~1.9488% | ~$218,428 | +52.2% |
| 2029 | ~$14,742,592 | ~$12,328,939 | ~1.9163% | ~$236,258 | +75.1% |
| 2030 | ~$16,958,154 | ~$13,561,833 | ~1.8837% | ~$255,470 | +101.4% |
| 2026 | ~$9,517,923 | ~$9,262,914 | ~2.0465% | ~$189,564 | +13.0% |
| 2027 | ~$10,757,947 | ~$10,189,206 | ~2.0465% | ~$208,521 | +27.8% |
| 2028 | ~$12,159,525 | ~$11,208,126 | ~2.0465% | ~$229,373 | +44.4% |
| 2029 | ~$13,743,705 | ~$12,328,939 | ~2.0465% | ~$252,310 | +63.2% |
| 2030 | ~$15,534,277 | ~$13,561,833 | ~2.0465% | ~$277,541 | +84.5% |
| 2026 | ~$9,854,756 | ~$9,262,914 | ~1.9977% | ~$185,042 | +17.0% |
| 2027 | ~$11,532,854 | ~$10,189,206 | ~1.9488% | ~$198,571 | +37.0% |
| 2028 | ~$13,496,704 | ~$11,208,126 | ~1.9000% | ~$212,956 | +60.3% |
| 2029 | ~$15,794,964 | ~$12,328,939 | ~1.8512% | ~$228,233 | +87.6% |
| 2030 | ~$18,484,579 | ~$13,561,833 | ~1.8024% | ~$244,435 | +119.5% |
In 2025, this property's market value of $8,420,831 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,420,831 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,432,057 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,348,537 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,039,593 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,809,900 | $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.