601 W 11 ST TX 78701
| Owner | REGENCY APARTMENTS THE |
|---|---|
| Parcel ID | 0208001605 |
| Short ID | 196698 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 27,018 SF |
| Land SF | 38,088 SF |
| Acres | 0.874 |
| Year Built | 1959 |
| Legal | LOT 5-8 BLOCK 129 ORIGINAL CITY PLUS 1/2 VAC ALLEY |
| Neighborhood | 06CBD |
| Land | $6,170,256 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,170,256 |
| Improvement | $379,744 |
|---|---|
| Total Improvement | $379,744 |
| Market | $6,550,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,550,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,550,000 |
| Taxable Value | $6,550,000 |
|---|
Appreciation: Market value has risen +27.6% from $5,133,420 (2021) to $6,550,000 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $134,045. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 ($6,170,256 land vs $379,744 improvements), about $162/SF of land. With value concentrated in the land under a ~67-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 $6,550,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,882,484 by 2030, with an estimated annual tax burden around $167,323. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 13,509 SF | ✓ |
| 2ND | 2nd Floor | 13,509 SF | ✓ |
| SO | Sketch Only | 8,876 SF | ✗ |
| 487 | PARKING UNDER | 7,623 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,603 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,198 SF | ✗ |
| 601 | POOL COMM'L | 1,922 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 1,037 SF | ✗ |
| 581C | STORAGE ATT COMM | 495 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 304 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 579 | STORAGE DET FV | 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% | $60,600.60 | $60,600.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,323.11 | $34,323.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,617.85 | $24,617.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,730.51 | $7,730.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,772.70 | $6,772.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $134,044.77 | $134,044.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,349,230 | $6,550,000 | -3.1% |
| Assessed Value | $6,349,230 | $6,550,000 | -3.1% |
| Land Value | $6,855,840 | $6,170,256 | +11.1% |
| Improvement Value | — | $379,744 | — |
| Taxable Value | $6,349,230 | $6,550,000 | -3.1% |
| Total Tax 2026 = estimate |
~$129,936
Estimated
|
~$134,045
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,349,230 | $6,349,230 | +0 (+0.0%) |
| Taxable Value | $6,349,230 | $6,349,230 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,349,230 | $6,855,840 | — | — | $6,349,230 | $6,349,230 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,550,000 | $6,170,256 | $379,744 | — | $6,550,000 | $6,550,000 | ~$134,045 | Partial |
| 2024 | $6,214,140 | — | — | −$43,884 | $6,170,256 | $— | $123,306 | Verified |
| 2023 | $5,673,780 | — | — | −$1,046,088 | $4,627,692 | $— | $112,429 | Verified |
| 2022 | $5,403,600 | — | — | −$775,908 | $4,627,692 | $— | $112,053 | Verified |
| 2021 | $5,133,420 | — | — | −$505,728 | $4,627,692 | $— | $117,619 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2025 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | 1.9400% | Verified |
| 2023 | +9.5% | +9.5% | ~100% | 1.8100% | Verified |
| 2022 | +5.0% | +5.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +4.4% | +7.0% | +9.5% | 2024 | -3.1% | 2026 |
| Assessment Ratio | 100.0% | 92.8% | — | 100.0% | 2025 | 81.6% | 2023 |
| 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 |
$134,045 | $119,890 | ~$153,504 | $134,045 | 2025 | $112,053 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,961,453 | ~$6,961,453 | ~2.0139% | ~$140,199 | +6.3% |
| 2027 | ~$7,398,753 | ~$7,398,753 | ~1.9814% | ~$146,598 | +13.0% |
| 2028 | ~$7,863,523 | ~$7,863,523 | ~1.9488% | ~$153,247 | +20.1% |
| 2029 | ~$8,357,489 | ~$8,357,489 | ~1.9163% | ~$160,154 | +27.6% |
| 2030 | ~$8,882,484 | ~$8,882,484 | ~1.8837% | ~$167,323 | +35.6% |
| 2026 | ~$6,830,453 | ~$6,830,453 | ~2.0465% | ~$139,784 | +4.3% |
| 2027 | ~$7,122,915 | ~$7,122,915 | ~2.0465% | ~$145,769 | +8.7% |
| 2028 | ~$7,427,899 | ~$7,427,899 | ~2.0465% | ~$152,011 | +13.4% |
| 2029 | ~$7,745,942 | ~$7,745,942 | ~2.0465% | ~$158,520 | +18.3% |
| 2030 | ~$8,077,603 | ~$8,077,603 | ~2.0465% | ~$165,307 | +23.3% |
| 2026 | ~$7,092,453 | ~$7,092,453 | ~1.9977% | ~$141,683 | +8.3% |
| 2027 | ~$7,679,832 | ~$7,679,832 | ~1.9488% | ~$149,668 | +17.2% |
| 2028 | ~$8,315,855 | ~$8,315,855 | ~1.9000% | ~$158,003 | +27.0% |
| 2029 | ~$9,004,551 | ~$9,004,551 | ~1.8512% | ~$166,692 | +37.5% |
| 2030 | ~$9,750,284 | ~$9,750,284 | ~1.8024% | ~$175,736 | +48.9% |
In 2025, this property's market value of $6,550,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 13× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $6,550,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,214,140 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,673,780 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $5,403,600 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,133,420 | $300,453 | $376,850 | $539,896 | ↑ 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.