408 W 11 ST TX 78701
| Owner | TEXAS CONGRESS OF PARENTS |
|---|---|
| Parcel ID | 0208010906 |
| Short ID | 196763 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 10,996 SF |
| Land SF | 4,000 SF |
| Acres | 0.092 |
| Year Built | 2014 |
| Legal | 0.0918 AC OF LOT 3 BLOCK 133 ORIGINAL CITY |
| Neighborhood | 52CBD |
| Land | $800,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $800,000 |
| Improvement | $4,358,877 |
|---|---|
| Total Improvement | $4,358,877 |
| Market | $5,158,877 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,158,877 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,158,877 |
| Exemptions (−) | −$3,404,859 |
|---|---|
| Taxable Value | $1,754,018 |
Appreciation: Market value has risen +205.0% from $1,691,329 (2021) to $5,158,877 (2025), a CAGR of 32.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $35,896. Austin ISD is the largest single contributor, at 43.8% 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 16% of market value ($800,000 land vs $4,358,877 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,158,877, 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 +32.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,795,244 by 2030, with an estimated annual tax burden around $156,509. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,774 SF | ✓ |
| 2ND | 2nd Floor | 3,774 SF | ✓ |
| UBSMT | Unfinished Basement | 3,774 SF | ✓ |
| 3RD | 3rd Floor | 3,448 SF | ✓ |
| 4TH | 4th Floor | 3,448 SF | ✓ |
| 5TH | 5th Floor | 3,168 SF | ✓ |
| 501 | CANOPY | 582 SF | ✗ |
| 611 | TERRACE | 576 SF | ✗ |
| 335 | PENTHOUSE | 308 SF | ✓ |
Market value changed by 179% 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% | $16,228.17 | $16,228.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,191.35 | $9,191.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,592.39 | $6,592.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,070.14 | $2,070.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,813.65 | $1,813.65 | Paid |
| P2U | — | — | — | — | — | — | $1,159.97 | $1,159.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,055.67 | $37,055.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,122,026 | $5,158,877 | -0.7% |
| Assessed Value | $5,122,026 | $5,158,877 | -0.7% |
| Land Value | $1,800,000 | $800,000 | +125.0% |
| Improvement Value | $3,322,026 | $4,358,877 | -23.8% |
| Taxable Value | $5,122,026 | $1,754,018 | +192.0% |
| Exemptions | — | E | |
| Total Tax 2026 = estimate |
~$104,821
Estimated
|
~$37,056
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,122,026 | $5,122,026 | +0 (+0.0%) |
| Taxable Value | $5,122,026 | $5,122,026 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,122,026 | $1,800,000 | $3,322,026 | — | $5,122,026 | $5,122,026 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,158,877 | $800,000 | $4,358,877 | — | $5,158,877 | $1,754,018 | ~$37,056 | Partial |
| 2024 | $6,570,183 | — | — | −$5,770,183 | $800,000 | $— | $43,258 | Verified |
| 2023 | $5,055,596 | — | — | — | — | $— | $38,449 | Verified |
| 2022 | $5,101,530 | — | — | −$4,898,790 | $202,740 | $— | $34,946 | Verified |
| 2021 | $1,691,329 | — | — | −$1,589,449 | $101,880 | $— | $36,623 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | -16.8% | -16.8% | ~100% | Not available | Partial |
| 2024 | +179.2% ! | +179.2% | ~100% | 0.7000% | Verified |
| 2023 | +30.0% | +30.0% | ~100% | 1.7300% | Verified |
| 2022 | -66.5% | -66.5% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.7% | +41.7% | +32.3% | +201.6% | 2022 | -21.5% | 2025 |
| Assessment Ratio | 100.0% | 44.4% | — | 100.0% | 2025 | 4.0% | 2022 |
| Effective Tax Rate (2025) | 0.7200% | 0.7200% | — | 0.7200% | 2025 | 0.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$37,056 | $38,066 | ~$134,607 | $43,258 | 2024 | $34,946 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,817,685 | ~$5,674,765 | ~2.0139% | ~$114,286 | +32.2% |
| 2027 | ~$9,009,874 | ~$6,242,241 | ~1.9814% | ~$123,683 | +74.6% |
| 2028 | ~$11,906,949 | ~$6,866,465 | ~1.9488% | ~$133,816 | +130.8% |
| 2029 | ~$15,735,562 | ~$7,553,112 | ~1.9163% | ~$144,740 | +205.0% |
| 2030 | ~$20,795,244 | ~$8,308,423 | ~1.8837% | ~$156,509 | +303.1% |
| 2026 | ~$6,714,508 | ~$5,674,765 | ~2.0465% | ~$116,133 | +30.2% |
| 2027 | ~$8,739,230 | ~$6,242,241 | ~2.0465% | ~$127,747 | +69.4% |
| 2028 | ~$11,374,496 | ~$6,866,465 | ~2.0465% | ~$140,521 | +120.5% |
| 2029 | ~$14,804,412 | ~$7,553,112 | ~2.0465% | ~$154,573 | +187.0% |
| 2030 | ~$19,268,600 | ~$8,308,423 | ~2.0465% | ~$170,031 | +273.5% |
| 2026 | ~$6,920,863 | ~$5,674,765 | ~1.9977% | ~$113,363 | +34.2% |
| 2027 | ~$9,284,645 | ~$6,242,241 | ~1.9488% | ~$121,651 | +80.0% |
| 2028 | ~$12,455,764 | ~$6,866,465 | ~1.9000% | ~$130,464 | +141.4% |
| 2029 | ~$16,709,960 | ~$7,553,112 | ~1.8512% | ~$139,823 | +223.9% |
| 2030 | ~$22,417,154 | ~$8,308,423 | ~1.8024% | ~$149,749 | +334.5% |
In 2025, this property's market value of $5,158,877 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 | $5,158,877 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,570,183 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,055,596 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,101,530 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $1,691,329 | $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.