303 E 11 ST 102A TX 78701
| Owner | WORKPLACE AT 1011 LP |
|---|---|
| Parcel ID | 0208031324 |
| Short ID | 785038 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 75 SF |
| Land SF | 13 SF |
| Acres | 0.000 |
| Year Built | 1955 |
| Legal | UNT 102A 303 OFFICE CONDOMINIUMS AMENDED PLUS .163 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $2,598 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,598 |
| Improvement | $16,315 |
|---|---|
| Total Improvement | $16,315 |
| Market | $18,913 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,913 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,913 |
| Taxable Value | $18,913 |
|---|
Appreciation: Market value has risen +162.5% from $7,205 (2021) to $18,913 (2025), a CAGR of 27.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 outpaced 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 $387. 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 ($2,598 land vs $16,315 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 $18,913, 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 +27.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $63,193 by 2030, with an estimated annual tax burden around $574. 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 | 75 SF | ✓ |
Market value changed by 319% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $174.98 | $174.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $99.11 | $99.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $71.08 | $71.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22.32 | $22.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19.56 | $19.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $387.05 | $387.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,000 | $18,913 | +21.6% |
| Assessed Value | $22,696 | $18,913 | +20.0% |
| Land Value | $5,196 | $2,598 | +100.0% |
| Improvement Value | $17,804 | $16,315 | +9.1% |
| Taxable Value | $22,696 | $18,913 | +20.0% |
| HS Cap Loss | -$304 | — | |
| Total Tax 2026 = estimate |
~$464
Estimated
|
~$387
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $32,452 | $23,000 | -9,452 (-29.1%) |
| Taxable Value | $22,696 | $22,696 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $23,000 | $5,196 | $17,804 | −$304 | $22,696 | $22,696 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,913 | $2,598 | $16,315 | — | $18,913 | $18,913 | ~$387 | Partial |
| 2024 | $31,100 | — | — | −$28,502 | $2,598 | $— | $419 | Verified |
| 2023 | $7,421 | — | — | −$4,823 | $2,598 | $— | $563 | Verified |
| 2022 | $7,205 | — | — | −$4,607 | $2,598 | $— | $147 | Verified |
| 2021 | $7,205 | — | — | −$4,607 | $2,598 | $— | $157 | 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 | -31.9% | -31.9% | ~100% | 1.9800% | Verified |
| 2023 | +319.1% ! | +319.1% | ~100% | 1.8100% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +162.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.6% | +60.9% | +22.8% | +319.1% | 2024 | -39.2% | 2025 |
| Assessment Ratio | 98.7% | 52.4% | — | 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 |
$387 | $335 | ~$494 | $563 | 2023 | $147 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$24,074 | ~$20,804 | ~2.0139% | ~$419 | +27.3% |
| 2027 | ~$30,642 | ~$22,885 | ~1.9814% | ~$453 | +62.0% |
| 2028 | ~$39,004 | ~$25,173 | ~1.9488% | ~$491 | +106.2% |
| 2029 | ~$49,646 | ~$27,691 | ~1.9163% | ~$531 | +162.5% |
| 2030 | ~$63,193 | ~$30,460 | ~1.8837% | ~$574 | +234.1% |
| 2026 | ~$23,695 | ~$20,804 | ~2.0465% | ~$426 | +25.3% |
| 2027 | ~$29,687 | ~$22,885 | ~2.0465% | ~$468 | +57.0% |
| 2028 | ~$37,194 | ~$25,173 | ~2.0465% | ~$515 | +96.7% |
| 2029 | ~$46,599 | ~$27,691 | ~2.0465% | ~$567 | +146.4% |
| 2030 | ~$58,382 | ~$30,460 | ~2.0465% | ~$623 | +208.7% |
| 2026 | ~$24,452 | ~$20,804 | ~1.9977% | ~$416 | +29.3% |
| 2027 | ~$31,613 | ~$22,885 | ~1.9488% | ~$446 | +67.1% |
| 2028 | ~$40,871 | ~$25,173 | ~1.9000% | ~$478 | +116.1% |
| 2029 | ~$52,841 | ~$27,691 | ~1.8512% | ~$513 | +179.4% |
| 2030 | ~$68,316 | ~$30,460 | ~1.8024% | ~$549 | +261.2% |
In 2025, this property's market value of $18,913 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -99% 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 | $18,913 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $31,100 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $7,421 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $7,205 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $7,205 | $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.