303 E 11 ST 102 TX 78701
| Owner | WORKPLACE AT 1011 LP |
|---|---|
| Parcel ID | 0208031325 |
| Short ID | 785039 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 269 SF |
| Land SF | 47 SF |
| Acres | 0.001 |
| Year Built | 1955 |
| Legal | UNT 102 303 OFFICE CONDOMINIUMS AMENDED PLUS .585 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $9,326 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,326 |
| Improvement | $59,761 |
|---|---|
| Total Improvement | $59,761 |
| Market | $69,087 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $69,087 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $69,087 |
| Taxable Value | $69,087 |
|---|
Appreciation: Market value has risen +167.3% from $25,844 (2021) to $69,087 (2025), a CAGR of 27.9% 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 $1,414. 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 13% of market value ($9,326 land vs $59,761 improvements), about $198/SF of land. Most value sits in the improvements, so building condition, age (~71 yrs), and rent roll drive the underwriting.
Submarket Position: At $69,087, 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 +27.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $236,152 by 2030, with an estimated annual tax burden around $2,096. 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 | 269 SF | ✓ |
Market value changed by 201% 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% | $639.19 | $639.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $362.03 | $362.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $259.66 | $259.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $81.54 | $81.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $71.44 | $71.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,413.86 | $1,413.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $80,000 | $69,087 | +15.8% |
| Assessed Value | $80,000 | $69,087 | +15.8% |
| Land Value | $18,652 | $9,326 | +100.0% |
| Improvement Value | $61,348 | $59,761 | +2.7% |
| Taxable Value | $80,000 | $69,087 | +15.8% |
| Total Tax 2026 = estimate |
~$1,637
Estimated
|
~$1,414
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $116,409 | $80,000 | -36,409 (-31.3%) |
| Taxable Value | $82,904 | $80,000 | -2,904 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $80,000 | $18,652 | $61,348 | — | $80,000 | $80,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $69,087 | $9,326 | $59,761 | — | $69,087 | $69,087 | ~$1,414 | Partial |
| 2024 | $111,700 | — | — | −$102,374 | $9,326 | $— | $1,504 | Verified |
| 2023 | $37,080 | — | — | −$27,754 | $9,326 | $— | $2,021 | Verified |
| 2022 | $36,000 | — | — | −$26,674 | $9,326 | $— | $732 | Verified |
| 2021 | $25,844 | — | — | −$16,518 | $9,326 | $— | $784 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +68.5% | +20.0% | 71.2% | Not available | Partial |
| 2025 | -9.0% | -9.0% | ~100% | Not available | Partial |
| 2024 | -32.0% | -32.0% | ~100% | 1.9800% | Verified |
| 2023 | +201.2% ! | +201.2% | ~100% | 1.8100% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +91.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.8% | +44.2% | +24.4% | +201.2% | 2024 | -38.1% | 2025 |
| Assessment Ratio | 100.0% | 49.2% | — | 100.0% | 2025 | 8.3% | 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 |
$1,414 | $1,291 | ~$1,803 | $2,021 | 2023 | $732 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$88,340 | ~$75,996 | ~2.0139% | ~$1,531 | +27.9% |
| 2027 | ~$112,957 | ~$83,595 | ~1.9814% | ~$1,656 | +63.5% |
| 2028 | ~$144,435 | ~$91,955 | ~1.9488% | ~$1,792 | +109.1% |
| 2029 | ~$184,686 | ~$101,150 | ~1.9163% | ~$1,938 | +167.3% |
| 2030 | ~$236,152 | ~$111,265 | ~1.8837% | ~$2,096 | +241.8% |
| 2026 | ~$86,958 | ~$75,996 | ~2.0465% | ~$1,555 | +25.9% |
| 2027 | ~$109,451 | ~$83,595 | ~2.0465% | ~$1,711 | +58.4% |
| 2028 | ~$137,763 | ~$91,955 | ~2.0465% | ~$1,882 | +99.4% |
| 2029 | ~$173,399 | ~$101,150 | ~2.0465% | ~$2,070 | +151.0% |
| 2030 | ~$218,252 | ~$111,265 | ~2.0465% | ~$2,277 | +215.9% |
| 2026 | ~$89,721 | ~$75,996 | ~1.9977% | ~$1,518 | +29.9% |
| 2027 | ~$116,519 | ~$83,595 | ~1.9488% | ~$1,629 | +68.7% |
| 2028 | ~$151,319 | ~$91,955 | ~1.9000% | ~$1,747 | +119.0% |
| 2029 | ~$196,514 | ~$101,150 | ~1.8512% | ~$1,872 | +184.4% |
| 2030 | ~$255,208 | ~$111,265 | ~1.8024% | ~$2,005 | +269.4% |
In 2025, this property's market value of $69,087 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -95% 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 | $69,087 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $111,700 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $37,080 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $36,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $25,844 | $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.