303 E 11 ST 206 TX 78701
| Owner | WORKPLACE AT 1011 LP |
|---|---|
| Parcel ID | 0208031307 |
| Short ID | 739849 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 327 SF |
| Land SF | 57 SF |
| Acres | 0.001 |
| Year Built | 1955 |
| Legal | UNT 206 303 OFFICE CONDOMINIUMS AMENDED PLUS .711 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $11,336 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,336 |
| Improvement | $71,129 |
|---|---|
| Total Improvement | $71,129 |
| Market | $82,465 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $82,465 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $82,465 |
| Taxable Value | $82,465 |
|---|
Appreciation: Market value has fallen -20.8% from $104,187 (2021) to $82,465 (2025), a CAGR of -5.7% 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 $1,688. 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 14% of market value ($11,336 land vs $71,129 improvements), about $199/SF of land. Most value sits in the improvements, so building condition, age (~71 yrs), and rent roll drive the underwriting.
Submarket Position: At $82,465, 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 -5.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $61,566 by 2030, with an estimated annual tax burden around $1,160. 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 | 327 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% | $762.97 | $762.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $432.13 | $432.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $309.94 | $309.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $97.33 | $97.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $85.27 | $85.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,687.64 | $1,687.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $95,000 | $82,465 | +15.2% |
| Assessed Value | $95,000 | $82,465 | +15.2% |
| Land Value | $22,672 | $11,336 | +100.0% |
| Improvement Value | $72,328 | $71,129 | +1.7% |
| Taxable Value | $95,000 | $82,465 | +15.2% |
| Total Tax 2026 = estimate |
~$1,944
Estimated
|
~$1,688
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $141,506 | $95,000 | -46,506 (-32.9%) |
| Taxable Value | $98,958 | $95,000 | -3,958 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $95,000 | $22,672 | $72,328 | — | $95,000 | $95,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $82,465 | $11,336 | $71,129 | — | $82,465 | $82,465 | ~$1,688 | Partial |
| 2024 | $134,750 | — | — | −$123,414 | $11,336 | $— | $1,829 | Verified |
| 2023 | $111,221 | — | — | −$99,885 | $11,336 | $— | $2,438 | Verified |
| 2022 | $110,405 | — | — | −$99,069 | $11,336 | $— | $2,197 | Verified |
| 2021 | $104,187 | — | — | −$92,851 | $11,336 | $— | $2,403 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +71.6% | +20.0% | 69.9% | Not available | Partial |
| 2025 | -10.6% | -10.6% | ~100% | Not available | Partial |
| 2024 | -31.5% | -31.5% | ~100% | 1.9800% | Verified |
| 2023 | +21.2% | +21.2% | ~100% | 1.8100% | Verified |
| 2022 | +0.7% | +0.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.2% | +0.9% | -8.2% | +21.2% | 2024 | -38.8% | 2025 |
| Assessment Ratio | 100.0% | 40.0% | — | 100.0% | 2025 | 8.4% | 2024 |
| 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 |
$1,688 | $2,111 | ~$1,356 | $2,438 | 2023 | $1,688 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$77,783 | ~$77,783 | ~2.0139% | ~$1,567 | -5.7% |
| 2027 | ~$73,366 | ~$73,366 | ~1.9814% | ~$1,454 | -11.0% |
| 2028 | ~$69,201 | ~$69,201 | ~1.9488% | ~$1,349 | -16.1% |
| 2029 | ~$65,272 | ~$65,272 | ~1.9163% | ~$1,251 | -20.8% |
| 2030 | ~$61,566 | ~$61,566 | ~1.8837% | ~$1,160 | -25.3% |
| 2026 | ~$78,342 | ~$78,342 | ~2.0465% | ~$1,603 | -5.0% |
| 2027 | ~$74,425 | ~$74,425 | ~2.0465% | ~$1,523 | -9.7% |
| 2028 | ~$70,703 | ~$70,703 | ~2.0465% | ~$1,447 | -14.3% |
| 2029 | ~$67,168 | ~$67,168 | ~2.0465% | ~$1,375 | -18.5% |
| 2030 | ~$63,810 | ~$63,810 | ~2.0465% | ~$1,306 | -22.6% |
| 2026 | ~$79,432 | ~$79,432 | ~1.9977% | ~$1,587 | -3.7% |
| 2027 | ~$76,511 | ~$76,511 | ~1.9488% | ~$1,491 | -7.2% |
| 2028 | ~$73,697 | ~$73,697 | ~1.9000% | ~$1,400 | -10.6% |
| 2029 | ~$70,986 | ~$70,986 | ~1.8512% | ~$1,314 | -13.9% |
| 2030 | ~$68,376 | ~$68,376 | ~1.8024% | ~$1,232 | -17.1% |
In 2025, this property's market value of $82,465 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -94% 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 | $82,465 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $134,750 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $111,221 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $110,405 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $104,187 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.