303 E 11 ST 106 TX 78701
| Owner | WORKPLACE AT 1011 LP |
|---|---|
| Parcel ID | 0208031326 |
| Short ID | 785040 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 255 SF |
| Land SF | 44 SF |
| Acres | 0.001 |
| Year Built | 1955 |
| Legal | UNT 106 303 OFFICE CONDOMINIUMS AMENDED PLUS .555 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $8,848 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,848 |
| Improvement | $55,874 |
|---|---|
| Total Improvement | $55,874 |
| Market | $64,722 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $64,722 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $64,722 |
| Taxable Value | $64,722 |
|---|
Appreciation: Market value has risen +164.2% from $24,501 (2021) to $64,722 (2025), a CAGR of 27.5% 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 $1,325. 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 ($8,848 land vs $55,874 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 $64,722, 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 +27.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $217,965 by 2030, with an estimated annual tax burden around $1,964. 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 | 255 SF | ✓ |
Market value changed by 186% 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% | $598.81 | $598.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $339.15 | $339.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $243.25 | $243.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $76.39 | $76.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $66.92 | $66.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,324.52 | $1,324.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $77,000 | $64,722 | +19.0% |
| Assessed Value | $77,000 | $64,722 | +19.0% |
| Land Value | $17,696 | $8,848 | +100.0% |
| Improvement Value | $59,304 | $55,874 | +6.1% |
| Taxable Value | $77,000 | $64,722 | +19.0% |
| Total Tax 2026 = estimate |
~$1,576
Estimated
|
~$1,325
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $110,365 | $77,000 | -33,365 (-30.2%) |
| Taxable Value | $77,666 | $77,000 | -666 (-0.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $77,000 | $17,696 | $59,304 | — | $77,000 | $77,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $64,722 | $8,848 | $55,874 | — | $64,722 | $64,722 | ~$1,325 | Partial |
| 2024 | $105,910 | — | — | −$97,062 | $8,848 | $— | $1,426 | Verified |
| 2023 | $37,080 | — | — | −$28,232 | $8,848 | $— | $1,916 | Verified |
| 2022 | $36,000 | — | — | −$27,152 | $8,848 | $— | $732 | Verified |
| 2021 | $24,501 | — | — | −$15,653 | $8,848 | $— | $784 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +70.5% | +20.0% | 70.4% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | -32.0% | -32.0% | ~100% | 1.9800% | Verified |
| 2023 | +185.6% ! | +185.6% | ~100% | 1.8100% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +79.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.0% | +43.1% | +23.4% | +185.6% | 2024 | -38.9% | 2025 |
| Assessment Ratio | 100.0% | 48.8% | — | 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 |
$1,325 | $1,237 | ~$1,689 | $1,916 | 2023 | $732 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$82,512 | ~$71,194 | ~2.0139% | ~$1,434 | +27.5% |
| 2027 | ~$105,193 | ~$78,314 | ~1.9814% | ~$1,552 | +62.5% |
| 2028 | ~$134,107 | ~$86,145 | ~1.9488% | ~$1,679 | +107.2% |
| 2029 | ~$170,970 | ~$94,759 | ~1.9163% | ~$1,816 | +164.2% |
| 2030 | ~$217,965 | ~$104,235 | ~1.8837% | ~$1,964 | +236.8% |
| 2026 | ~$81,218 | ~$71,194 | ~2.0465% | ~$1,457 | +25.5% |
| 2027 | ~$101,918 | ~$78,314 | ~2.0465% | ~$1,603 | +57.5% |
| 2028 | ~$127,894 | ~$86,145 | ~2.0465% | ~$1,763 | +97.6% |
| 2029 | ~$160,491 | ~$94,759 | ~2.0465% | ~$1,939 | +148.0% |
| 2030 | ~$201,396 | ~$104,235 | ~2.0465% | ~$2,133 | +211.2% |
| 2026 | ~$83,807 | ~$71,194 | ~1.9977% | ~$1,422 | +29.5% |
| 2027 | ~$108,519 | ~$78,314 | ~1.9488% | ~$1,526 | +67.7% |
| 2028 | ~$140,519 | ~$86,145 | ~1.9000% | ~$1,637 | +117.1% |
| 2029 | ~$181,954 | ~$94,759 | ~1.8512% | ~$1,754 | +181.1% |
| 2030 | ~$235,607 | ~$104,235 | ~1.8024% | ~$1,879 | +264.0% |
In 2025, this property's market value of $64,722 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 | $64,722 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $105,910 | $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 | $24,501 | $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.