303 E 11 ST 202 TX 78701
| Owner | WORKPLACEAT1011 LP |
|---|---|
| Parcel ID | 0208031303 |
| Short ID | 739845 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,255 SF |
| Land SF | 391 SF |
| Acres | 0.009 |
| Year Built | 1955 |
| Legal | UNT 202 303 OFFICE CONDOMINIUMS AMENDED PLUS 4.905 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $78,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $78,200 |
| Improvement | $481,674 |
|---|---|
| Total Improvement | $481,674 |
| Market | $559,874 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $559,874 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $559,874 |
| Taxable Value | $559,874 |
|---|
Appreciation: Market value has fallen -7.8% from $607,357 (2021) to $559,874 (2025), a CAGR of -2.0% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $11,458. Austin ISD is the largest single contributor, at 45.0% 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 14% of market value ($78,200 land vs $481,674 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~71 yrs), and rent roll drive the underwriting.
Submarket Position: At $559,874, this parcel sits in the bottom quartile (<25th 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 -2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $505,706 by 2030, with an estimated annual tax burden around $9,526. 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 | 2,255 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% | $5,179.95 | $5,179.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,933.83 | $2,933.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,104.26 | $2,104.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $660.78 | $660.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $578.91 | $578.91 | Paid |
| P2U | — | — | — | — | — | — | $55.38 | $55.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,513.11 | $11,513.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $630,000 | $559,874 | +12.5% |
| Assessed Value | $630,000 | $559,874 | +12.5% |
| Land Value | $156,400 | $78,200 | +100.0% |
| Improvement Value | $473,600 | $481,674 | -1.7% |
| Taxable Value | $630,000 | $559,874 | +12.5% |
| Total Tax 2026 = estimate |
~$12,893
Estimated
|
~$11,513
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $891,820 | $630,000 | -261,820 (-29.4%) |
| Taxable Value | $671,849 | $630,000 | -41,849 (-6.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $630,000 | $156,400 | $473,600 | — | $630,000 | $630,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $559,874 | $78,200 | $481,674 | — | $559,874 | $559,874 | ~$11,513 | Partial |
| 2024 | $870,000 | — | — | −$791,800 | $78,200 | $— | $11,540 | Verified |
| 2023 | $662,290 | — | — | −$584,090 | $78,200 | $— | $16,083 | Verified |
| 2022 | $643,000 | — | — | −$564,800 | $78,200 | $— | $13,242 | Verified |
| 2021 | $607,357 | — | — | −$529,157 | $78,200 | $— | $14,139 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +59.3% | +20.0% | 75.3% | Not available | Partial |
| 2025 | -3.2% | -3.2% | ~100% | Not available | Partial |
| 2024 | -33.5% | -33.5% | ~100% | 1.9900% | Verified |
| 2023 | +31.4% | +31.4% | ~100% | 1.8500% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 2.0000% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.5% | +3.4% | -4.2% | +31.4% | 2024 | -35.6% | 2025 |
| Assessment Ratio | 100.0% | 41.0% | — | 100.0% | 2025 | 9.0% | 2024 |
| Effective Tax Rate (2025) | 2.0600% | 2.0600% | — | 2.0600% | 2025 | 2.0600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,513 | $13,303 | ~$10,276 | $16,083 | 2023 | $11,513 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$548,595 | ~$548,595 | ~2.0139% | ~$11,048 | -2.0% |
| 2027 | ~$537,543 | ~$537,543 | ~1.9814% | ~$10,651 | -4.0% |
| 2028 | ~$526,714 | ~$526,714 | ~1.9488% | ~$10,265 | -5.9% |
| 2029 | ~$516,103 | ~$516,103 | ~1.9163% | ~$9,890 | -7.8% |
| 2030 | ~$505,706 | ~$505,706 | ~1.8837% | ~$9,526 | -9.7% |
| 2026 | ~$537,398 | ~$537,398 | ~2.0465% | ~$10,998 | -4.0% |
| 2027 | ~$515,823 | ~$515,823 | ~2.0465% | ~$10,556 | -7.9% |
| 2028 | ~$495,115 | ~$495,115 | ~2.0465% | ~$10,132 | -11.6% |
| 2029 | ~$475,239 | ~$475,239 | ~2.0465% | ~$9,726 | -15.1% |
| 2030 | ~$456,160 | ~$456,160 | ~2.0465% | ~$9,335 | -18.5% |
| 2026 | ~$559,793 | ~$559,793 | ~1.9977% | ~$11,183 | -0.0% |
| 2027 | ~$559,711 | ~$559,711 | ~1.9488% | ~$10,908 | -0.0% |
| 2028 | ~$559,630 | ~$559,630 | ~1.9000% | ~$10,633 | -0.0% |
| 2029 | ~$559,548 | ~$559,548 | ~1.8512% | ~$10,358 | -0.1% |
| 2030 | ~$559,467 | ~$559,467 | ~1.8024% | ~$10,084 | -0.1% |
In 2025, this property's market value of $559,874 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -61% 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 | $559,874 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $870,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $662,290 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $643,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $607,357 | $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.