303 E 11 ST A-601 TX 78701
| Owner | TEXAS APARTMENT ASSOCIATION INC |
|---|---|
| Parcel ID | 0208031316 |
| Short ID | 739858 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 6,998 SF |
| Land SF | 1,214 SF |
| Acres | 0.028 |
| Year Built | 1955 |
| Legal | UNT A-601 303 OFFICE CONDOMINIUMS AMENDED PLUS 15.224 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $242,716 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $242,716 |
| Improvement | $1,271,281 |
|---|---|
| Total Improvement | $1,271,281 |
| Market | $1,513,997 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,513,997 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,513,997 |
| Taxable Value | $1,513,997 |
|---|
Appreciation: Market value has fallen -17.5% from $1,835,699 (2021) to $1,513,997 (2025), a CAGR of -4.7% 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 $30,984. Austin ISD is the largest single contributor, at 43.9% 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 ($242,716 land vs $1,271,281 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 $1,513,997, this parcel sits in the upper-middle (50th–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 -4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,189,952 by 2030, with an estimated annual tax burden around $22,416. 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 | 6,998 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% | $14,007.50 | $14,007.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,933.60 | $7,933.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,690.28 | $5,690.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,786.86 | $1,786.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,565.47 | $1,565.47 | Paid |
| P2U | — | — | — | — | — | — | $937.95 | $937.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,921.66 | $31,921.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,176,027 | $1,513,997 | +43.7% |
| Assessed Value | $1,816,796 | $1,513,997 | +20.0% |
| Land Value | $485,432 | $242,716 | +100.0% |
| Improvement Value | $1,690,595 | $1,271,281 | +33.0% |
| Taxable Value | $1,816,796 | $1,513,997 | +20.0% |
| HS Cap Loss | -$359,231 | — | |
| Total Tax 2026 = estimate |
~$37,180
Estimated
|
~$31,922
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,615,582 | $2,176,027 | -439,555 (-16.8%) |
| Taxable Value | $1,816,796 | $1,816,796 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,176,027 | $485,432 | $1,690,595 | −$359,231 | $1,816,796 | $1,816,796 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,513,997 | $242,716 | $1,271,281 | — | $1,513,997 | $1,513,997 | ~$31,922 | Partial |
| 2024 | $2,250,000 | — | — | −$2,007,284 | $242,716 | $— | $34,141 | Verified |
| 2023 | $1,892,367 | — | — | −$1,649,651 | $242,716 | $— | $42,327 | Verified |
| 2022 | $1,870,000 | — | — | −$1,627,284 | $242,716 | $— | $38,765 | Verified |
| 2021 | $1,835,699 | — | — | −$1,592,983 | $242,716 | $— | $42,074 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +72.8% | +20.0% | 69.5% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | -25.9% | -25.9% | ~100% | 2.0500% | Verified |
| 2023 | +18.9% | +18.9% | ~100% | 1.8800% | Verified |
| 2022 | +1.2% | +1.2% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -19.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +43.7% | +6.6% | -10.5% | +43.7% | 2026 | -32.7% | 2025 |
| Assessment Ratio | 83.5% | 38.9% | — | 100.0% | 2025 | 10.8% | 2024 |
| Effective Tax Rate (2025) | 2.1100% | 2.1100% | — | 2.1100% | 2025 | 2.1100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,922 | $37,846 | ~$25,636 | $42,327 | 2023 | $31,922 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,442,799 | ~$1,442,799 | ~2.0139% | ~$29,057 | -4.7% |
| 2027 | ~$1,374,950 | ~$1,374,950 | ~1.9814% | ~$27,243 | -9.2% |
| 2028 | ~$1,310,291 | ~$1,310,291 | ~1.9488% | ~$25,535 | -13.5% |
| 2029 | ~$1,248,673 | ~$1,248,673 | ~1.9163% | ~$23,928 | -17.5% |
| 2030 | ~$1,189,952 | ~$1,189,952 | ~1.8837% | ~$22,416 | -21.4% |
| 2026 | ~$1,438,297 | ~$1,438,297 | ~2.0465% | ~$29,435 | -5.0% |
| 2027 | ~$1,366,382 | ~$1,366,382 | ~2.0465% | ~$27,963 | -9.8% |
| 2028 | ~$1,298,063 | ~$1,298,063 | ~2.0465% | ~$26,565 | -14.3% |
| 2029 | ~$1,233,160 | ~$1,233,160 | ~2.0465% | ~$25,236 | -18.5% |
| 2030 | ~$1,171,502 | ~$1,171,502 | ~2.0465% | ~$23,975 | -22.6% |
| 2026 | ~$1,473,079 | ~$1,473,079 | ~1.9977% | ~$29,427 | -2.7% |
| 2027 | ~$1,433,267 | ~$1,433,267 | ~1.9488% | ~$27,932 | -5.3% |
| 2028 | ~$1,394,531 | ~$1,394,531 | ~1.9000% | ~$26,496 | -7.9% |
| 2029 | ~$1,356,842 | ~$1,356,842 | ~1.8512% | ~$25,118 | -10.4% |
| 2030 | ~$1,320,172 | ~$1,320,172 | ~1.8024% | ~$23,794 | -12.8% |
In 2025, this property's market value of $1,513,997 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +7% above 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 | $1,513,997 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,250,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,892,367 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,870,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,835,699 | $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.