1123 E 11 ST TX 78702
| Owner | COPLAND BRIAN ETAL |
|---|---|
| Parcel ID | 0205070518 |
| Short ID | 778214 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 6,494 SF |
| Land SF | 7,173 SF |
| Acres | 0.165 |
| Year Built | 2016 |
| Legal | LOT 5 BLK 7 OLT 2-3 DIV B ROBERTSON GEO L SUBD |
| Neighborhood | 35EC2 |
| Land | $1,004,220 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,004,220 |
| Improvement | $2,216,395 |
|---|---|
| Total Improvement | $2,216,395 |
| Market | $3,220,615 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,220,615 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,220,615 |
| Taxable Value | $3,220,615 |
|---|
Appreciation: Market value has risen +78.9% from $1,800,000 (2021) to $3,220,615 (2025), a CAGR of 15.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $65,909. 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 31% of market value ($1,004,220 land vs $2,216,395 improvements), about $140/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,220,615, this parcel sits in the upper-middle (50th–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 +15.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,664,563 by 2030, with an estimated annual tax burden around $97,707. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 2,317 SF | ✓ |
| 3RD | 3rd Floor | 2,270 SF | ✓ |
| 1ST | 1st Floor | 1,907 SF | ✓ |
Market value changed by 84% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $29,797.13 | $29,797.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,876.57 | $16,876.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,104.52 | $12,104.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,801.07 | $3,801.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,330.12 | $3,330.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,909.41 | $65,909.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,055,948 | $3,220,615 | +25.9% |
| Assessed Value | $3,864,738 | $3,220,615 | +20.0% |
| Land Value | $1,004,220 | $1,004,220 | +0.0% |
| Improvement Value | $3,051,728 | $2,216,395 | +37.7% |
| Taxable Value | $3,864,738 | $3,220,615 | +20.0% |
| HS Cap Loss | -$191,210 | — | |
| Total Tax 2026 = estimate |
~$79,091
Estimated
|
~$65,909
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,552,130 | $4,055,948 | -496,182 (-10.9%) |
| Taxable Value | $3,864,738 | $3,864,738 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,055,948 | $1,004,220 | $3,051,728 | −$191,210 | $3,864,738 | $3,864,738 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,220,615 | $1,004,220 | $2,216,395 | — | $3,220,615 | $3,220,615 | ~$65,909 | Partial |
| 2024 | $1,926,504 | — | — | −$922,284 | $1,004,220 | $— | $70,437 | Verified |
| 2023 | $1,860,000 | — | — | −$855,780 | $1,004,220 | $— | $34,855 | Verified |
| 2022 | $1,560,000 | — | — | −$806,835 | $753,165 | $— | $36,734 | Verified |
| 2021 | $1,800,000 | — | — | −$1,369,620 | $430,380 | $— | $33,956 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.3% | +20.0% | 84.9% | Not available | Partial |
| 2025 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2024 | +84.5% ! | +84.5% | ~100% | 1.9800% | Verified |
| 2023 | +3.6% | +3.6% | ~100% | 1.8100% | Verified |
| 2022 | +19.2% | +19.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +106.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.9% | +20.5% | +10.9% | +67.2% | 2025 | -13.3% | 2022 |
| Assessment Ratio | 95.3% | 62.3% | — | 100.0% | 2025 | 23.9% | 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 |
$65,909 | $48,378 | ~$84,033 | $70,437 | 2024 | $33,956 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,724,821 | ~$3,542,677 | ~2.0139% | ~$71,347 | +15.7% |
| 2027 | ~$4,307,963 | ~$3,896,944 | ~1.9814% | ~$77,214 | +33.8% |
| 2028 | ~$4,982,399 | ~$4,286,639 | ~1.9488% | ~$83,540 | +54.7% |
| 2029 | ~$5,762,423 | ~$4,715,302 | ~1.9163% | ~$90,359 | +78.9% |
| 2030 | ~$6,664,563 | ~$5,186,833 | ~1.8837% | ~$97,707 | +106.9% |
| 2026 | ~$3,660,409 | ~$3,542,677 | ~2.0465% | ~$72,500 | +13.7% |
| 2027 | ~$4,160,258 | ~$3,896,944 | ~2.0465% | ~$79,750 | +29.2% |
| 2028 | ~$4,728,366 | ~$4,286,639 | ~2.0465% | ~$87,725 | +46.8% |
| 2029 | ~$5,374,051 | ~$4,715,302 | ~2.0465% | ~$96,498 | +66.9% |
| 2030 | ~$6,107,909 | ~$5,186,833 | ~2.0465% | ~$106,148 | +89.7% |
| 2026 | ~$3,789,233 | ~$3,542,677 | ~1.9977% | ~$70,771 | +17.7% |
| 2027 | ~$4,458,244 | ~$3,896,944 | ~1.9488% | ~$75,945 | +38.4% |
| 2028 | ~$5,245,373 | ~$4,286,639 | ~1.9000% | ~$81,447 | +62.9% |
| 2029 | ~$6,171,474 | ~$4,715,302 | ~1.8512% | ~$87,289 | +91.6% |
| 2030 | ~$7,261,083 | ~$5,186,833 | ~1.8024% | ~$93,486 | +125.5% |
In 2025, this property's market value of $3,220,615 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +127% above 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 | $3,220,615 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,926,504 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,860,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,560,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,800,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.