303 E 11 ST 304 TX 78701
| Owner | TEXAS CONSTRUCTION ASSC INC |
|---|---|
| Parcel ID | 0208031310 |
| Short ID | 739852 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 324 SF |
| Land SF | 56 SF |
| Acres | 0.001 |
| Year Built | 1955 |
| Legal | UNT 304 303 OFFICE CONDOMINIUMS AMENDED PLUS .705 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $11,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,240 |
| Improvement | $70,475 |
|---|---|
| Total Improvement | $70,475 |
| Market | $81,715 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $81,715 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $81,715 |
| Taxable Value | $81,715 |
|---|
Appreciation: Market value has fallen -18.3% from $99,980 (2021) to $81,715 (2025), a CAGR of -4.9% 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 $1,672. 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 ($11,240 land vs $70,475 improvements), about $201/SF of land. Most value sits in the improvements, so building condition, age (~71 yrs), and rent roll drive the underwriting.
Submarket Position: At $81,715, 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 -4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $63,502 by 2030, with an estimated annual tax burden around $1,196. 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 | 324 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% | $756.03 | $756.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $428.20 | $428.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $307.12 | $307.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $96.44 | $96.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $84.49 | $84.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,672.28 | $1,672.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $95,000 | $81,715 | +16.3% |
| Assessed Value | $95,000 | $81,715 | +16.3% |
| Land Value | $22,480 | $11,240 | +100.0% |
| Improvement Value | $72,520 | $70,475 | +2.9% |
| Taxable Value | $95,000 | $81,715 | +16.3% |
| Total Tax 2026 = estimate |
~$1,944
Estimated
|
~$1,672
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $140,224 | $95,000 | -45,224 (-32.3%) |
| Taxable Value | $98,058 | $95,000 | -3,058 (-3.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $95,000 | $22,480 | $72,520 | — | $95,000 | $95,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $81,715 | $11,240 | $70,475 | — | $81,715 | $81,715 | ~$1,672 | Partial |
| 2024 | $133,550 | — | — | −$122,310 | $11,240 | $— | $1,812 | Verified |
| 2023 | $110,209 | — | — | −$98,969 | $11,240 | $— | $2,416 | Verified |
| 2022 | $109,500 | — | — | −$98,260 | $11,240 | $— | $2,177 | Verified |
| 2021 | $99,980 | — | — | −$88,740 | $11,240 | $— | $2,383 | 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 | +0.6% | +0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.3% | +1.8% | -7.6% | +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 |
$1,672 | $2,092 | ~$1,375 | $2,416 | 2023 | $1,672 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$77,696 | ~$77,696 | ~2.0139% | ~$1,565 | -4.9% |
| 2027 | ~$73,875 | ~$73,875 | ~1.9814% | ~$1,464 | -9.6% |
| 2028 | ~$70,241 | ~$70,241 | ~1.9488% | ~$1,369 | -14.0% |
| 2029 | ~$66,787 | ~$66,787 | ~1.9163% | ~$1,280 | -18.3% |
| 2030 | ~$63,502 | ~$63,502 | ~1.8837% | ~$1,196 | -22.3% |
| 2026 | ~$77,629 | ~$77,629 | ~2.0465% | ~$1,589 | -5.0% |
| 2027 | ~$73,748 | ~$73,748 | ~2.0465% | ~$1,509 | -9.7% |
| 2028 | ~$70,060 | ~$70,060 | ~2.0465% | ~$1,434 | -14.3% |
| 2029 | ~$66,557 | ~$66,557 | ~2.0465% | ~$1,362 | -18.5% |
| 2030 | ~$63,230 | ~$63,230 | ~2.0465% | ~$1,294 | -22.6% |
| 2026 | ~$79,330 | ~$79,330 | ~1.9977% | ~$1,585 | -2.9% |
| 2027 | ~$77,015 | ~$77,015 | ~1.9488% | ~$1,501 | -5.8% |
| 2028 | ~$74,768 | ~$74,768 | ~1.9000% | ~$1,421 | -8.5% |
| 2029 | ~$72,586 | ~$72,586 | ~1.8512% | ~$1,344 | -11.2% |
| 2030 | ~$70,468 | ~$70,468 | ~1.8024% | ~$1,270 | -13.8% |
In 2025, this property's market value of $81,715 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 | $81,715 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $133,550 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $110,209 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $109,500 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $99,980 | $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.