1111 E 11 ST 3 TX 78702
| Owner | CAPITOL VIEW PARTNERS LLC |
|---|---|
| Parcel ID | 0205071504 |
| Short ID | 725944 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,626 SF |
| Land SF | 1,858 SF |
| Acres | 0.043 |
| Year Built | 2007 |
| Legal | UNT 3 1111 STREET CONDOMINIUM AMENDED PLUS 25.06 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $195,085 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $195,085 |
| Improvement | $959,947 |
|---|---|
| Total Improvement | $959,947 |
| Market | $1,155,032 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,155,032 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,155,032 |
| Taxable Value | $1,155,032 |
|---|
Appreciation: Market value has risen +84.9% from $624,645 (2021) to $1,155,032 (2025), a CAGR of 16.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $23,638. 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 17% of market value ($195,085 land vs $959,947 improvements), about $105/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,155,032, this parcel sits in the lower-middle (25th–50th 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 +16.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,490,548 by 2030, with an estimated annual tax burden around $35,041. 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 | 1,626 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% | $10,686.36 | $10,686.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,052.56 | $6,052.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,341.13 | $4,341.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,363.20 | $1,363.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,194.30 | $1,194.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,637.55 | $23,637.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,130,748 | $1,155,032 | -2.1% |
| Assessed Value | $1,130,748 | $1,155,032 | -2.1% |
| Land Value | $195,085 | $195,085 | +0.0% |
| Improvement Value | $935,663 | $959,947 | -2.5% |
| Taxable Value | $1,130,748 | $1,155,032 | -2.1% |
| Total Tax 2026 = estimate |
~$23,141
Estimated
|
~$23,638
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,130,748 | $1,130,748 | +0 (+0.0%) |
| Taxable Value | $1,130,748 | $1,130,748 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,130,748 | $195,085 | $935,663 | — | $1,130,748 | $1,130,748 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,155,032 | $195,085 | $959,947 | — | $1,155,032 | $1,155,032 | ~$23,638 | Partial |
| 2024 | $892,906 | — | — | −$697,821 | $195,085 | $— | $21,235 | Verified |
| 2023 | $789,583 | — | — | −$594,498 | $195,085 | $— | $16,155 | Verified |
| 2022 | $553,970 | — | — | −$358,885 | $195,085 | $— | $15,594 | Verified |
| 2021 | $624,645 | — | — | −$513,168 | $111,477 | $— | $12,058 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2025 | -16.7% | +7.8% | ~100% | Not available | Partial |
| 2024 | +55.3% | +20.0% | 77.3% | 1.5300% | Verified |
| 2023 | +13.1% | +13.1% | ~100% | 1.8100% | Verified |
| 2022 | +42.5% | +42.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +108.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.1% | +14.3% | +17.1% | +42.5% | 2023 | -11.3% | 2022 |
| Assessment Ratio | 100.0% | 49.9% | — | 100.0% | 2025 | 17.8% | 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 |
$23,638 | $17,736 | ~$30,137 | $23,638 | 2025 | $12,058 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,346,896 | ~$1,270,535 | ~2.0139% | ~$25,588 | +16.6% |
| 2027 | ~$1,570,632 | ~$1,397,589 | ~1.9814% | ~$27,692 | +36.0% |
| 2028 | ~$1,831,532 | ~$1,537,348 | ~1.9488% | ~$29,960 | +58.6% |
| 2029 | ~$2,135,771 | ~$1,691,082 | ~1.9163% | ~$32,406 | +84.9% |
| 2030 | ~$2,490,548 | ~$1,860,191 | ~1.8837% | ~$35,041 | +115.6% |
| 2026 | ~$1,323,796 | ~$1,270,535 | ~2.0465% | ~$26,001 | +14.6% |
| 2027 | ~$1,517,218 | ~$1,397,589 | ~2.0465% | ~$28,601 | +31.4% |
| 2028 | ~$1,738,901 | ~$1,537,348 | ~2.0465% | ~$31,462 | +50.6% |
| 2029 | ~$1,992,975 | ~$1,691,082 | ~2.0465% | ~$34,608 | +72.5% |
| 2030 | ~$2,284,173 | ~$1,860,191 | ~2.0465% | ~$38,069 | +97.8% |
| 2026 | ~$1,369,997 | ~$1,270,535 | ~1.9977% | ~$25,381 | +18.6% |
| 2027 | ~$1,624,970 | ~$1,397,589 | ~1.9488% | ~$27,237 | +40.7% |
| 2028 | ~$1,927,396 | ~$1,537,348 | ~1.9000% | ~$29,210 | +66.9% |
| 2029 | ~$2,286,107 | ~$1,691,082 | ~1.8512% | ~$31,305 | +97.9% |
| 2030 | ~$2,711,578 | ~$1,860,191 | ~1.8024% | ~$33,528 | +134.8% |
In 2025, this property's market value of $1,155,032 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -19% 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 | $1,155,032 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $892,906 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $789,583 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $553,970 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $624,645 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.