303 E 11 ST 303 TX 78701
| Owner | TEXAS CONSTRUCTION ASSOCIATION |
|---|---|
| Parcel ID | 0208031309 |
| Short ID | 739851 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 4,577 SF |
| Land SF | 794 SF |
| Acres | 0.018 |
| Year Built | 1955 |
| Legal | UNT 303 303 OFFICE CONDOMINIUMS AMENDED PLUS 9.957 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $158,744 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $158,744 |
| Improvement | $1,070,940 |
|---|---|
| Total Improvement | $1,070,940 |
| Market | $1,229,684 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,229,684 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,229,684 |
| Taxable Value | $1,229,684 |
|---|
Appreciation: Market value has fallen -5.4% from $1,300,000 (2021) to $1,229,684 (2025), a CAGR of -1.4% 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 $25,165. Austin ISD is the largest single contributor, at 44.0% 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 13% of market value ($158,744 land vs $1,070,940 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 $1,229,684, 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 -1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,147,113 by 2030, with an estimated annual tax burden around $21,609. 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 | 4,577 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% | $11,377.04 | $11,377.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,443.75 | $6,443.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,621.71 | $4,621.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,451.31 | $1,451.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,271.49 | $1,271.49 | Paid |
| P2U | — | — | — | — | — | — | $674.96 | $674.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,840.26 | $25,840.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,300,000 | $1,229,684 | +5.7% |
| Assessed Value | $1,300,000 | $1,229,684 | +5.7% |
| Land Value | $317,488 | $158,744 | +100.0% |
| Improvement Value | $982,512 | $1,070,940 | -8.3% |
| Taxable Value | $1,300,000 | $1,229,684 | +5.7% |
| Total Tax 2026 = estimate |
~$26,604
Estimated
|
~$25,840
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,912,540 | $1,300,000 | -612,540 (-32.0%) |
| Taxable Value | $1,475,621 | $1,300,000 | -175,621 (-11.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,300,000 | $317,488 | $982,512 | — | $1,300,000 | $1,300,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,229,684 | $158,744 | $1,070,940 | — | $1,229,684 | $1,229,684 | ~$25,840 | Partial |
| 2024 | $1,700,000 | — | — | −$1,541,256 | $158,744 | $— | $25,359 | Verified |
| 2023 | $1,467,750 | — | — | −$1,309,006 | $158,744 | $— | $31,867 | Verified |
| 2022 | $1,425,000 | — | — | −$1,266,256 | $158,744 | $— | $29,955 | Verified |
| 2021 | $1,300,000 | — | — | −$1,141,256 | $158,744 | $— | $31,943 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +55.5% | +20.0% | 77.2% | Not available | Partial |
| 2025 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2024 | -26.8% | -26.8% | ~100% | 2.0400% | Verified |
| 2023 | +15.8% | +15.8% | ~100% | 1.8700% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.7% | +1.3% | -2.4% | +15.8% | 2024 | -27.7% | 2025 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2025 | 9.3% | 2024 |
| Effective Tax Rate (2025) | 2.1000% | 2.1000% | — | 2.1000% | 2025 | 2.1000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,840 | $28,993 | ~$23,001 | $31,943 | 2021 | $25,359 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,212,708 | ~$1,212,708 | ~2.0139% | ~$24,423 | -1.4% |
| 2027 | ~$1,195,965 | ~$1,195,965 | ~1.9814% | ~$23,697 | -2.7% |
| 2028 | ~$1,179,454 | ~$1,179,454 | ~1.9488% | ~$22,986 | -4.1% |
| 2029 | ~$1,163,171 | ~$1,163,171 | ~1.9163% | ~$22,290 | -5.4% |
| 2030 | ~$1,147,113 | ~$1,147,113 | ~1.8837% | ~$21,609 | -6.7% |
| 2026 | ~$1,188,114 | ~$1,188,114 | ~2.0465% | ~$24,315 | -3.4% |
| 2027 | ~$1,147,949 | ~$1,147,949 | ~2.0465% | ~$23,493 | -6.6% |
| 2028 | ~$1,109,142 | ~$1,109,142 | ~2.0465% | ~$22,698 | -9.8% |
| 2029 | ~$1,071,647 | ~$1,071,647 | ~2.0465% | ~$21,931 | -12.9% |
| 2030 | ~$1,035,419 | ~$1,035,419 | ~2.0465% | ~$21,190 | -15.8% |
| 2026 | ~$1,237,301 | ~$1,237,301 | ~1.9977% | ~$24,717 | +0.6% |
| 2027 | ~$1,244,966 | ~$1,244,966 | ~1.9488% | ~$24,262 | +1.2% |
| 2028 | ~$1,252,677 | ~$1,252,677 | ~1.9000% | ~$23,801 | +1.9% |
| 2029 | ~$1,260,437 | ~$1,260,437 | ~1.8512% | ~$23,333 | +2.5% |
| 2030 | ~$1,268,245 | ~$1,268,245 | ~1.8024% | ~$22,858 | +3.1% |
In 2025, this property's market value of $1,229,684 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% 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 | $1,229,684 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,467,750 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,425,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,300,000 | $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.