303 E 11 ST 124 TX 78701
| Owner | LANDMARK INFRASTRUCTURE |
|---|---|
| Parcel ID | 0208031398 |
| Short ID | 829135 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,285 SF |
| Land SF | 223 SF |
| Acres | 0.005 |
| Year Built | 1955 |
| Legal | UNT 124 303 OFFICE CONDOMINIUMS AMENDED PLUS 2.795 % INT IN COM AREA |
| Neighborhood | 26CBD02 |
| Land | $44,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $44,560 |
| Improvement | $297,449 |
|---|---|
| Total Improvement | $297,449 |
| Market | $342,009 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $342,009 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $342,009 |
| Taxable Value | $342,009 |
|---|
Appreciation: Market value has fallen -11.2% from $385,305 (2021) to $342,009 (2025), a CAGR of -2.9% 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 $6,999. 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 ($44,560 land vs $297,449 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 $342,009, 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 -2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $294,665 by 2030, with an estimated annual tax burden around $5,551. 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 | 1,285 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% | $3,164.27 | $3,164.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,792.19 | $1,792.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,285.42 | $1,285.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $403.65 | $403.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $353.64 | $353.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,999.17 | $6,999.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $532,142 | $342,009 | +55.6% |
| Assessed Value | $410,411 | $342,009 | +20.0% |
| Land Value | $89,120 | $44,560 | +100.0% |
| Improvement Value | $443,022 | $297,449 | +48.9% |
| Taxable Value | $410,411 | $342,009 | +20.0% |
| HS Cap Loss | -$121,731 | — | |
| Total Tax 2026 = estimate |
~$8,399
Estimated
|
~$6,999
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $532,142 | $532,142 | +0 (+0.0%) |
| Taxable Value | $410,411 | $410,411 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $532,142 | $89,120 | $443,022 | −$121,731 | $410,411 | $410,411 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $342,009 | $44,560 | $297,449 | — | $342,009 | $342,009 | ~$6,999 | Partial |
| 2024 | $546,706 | — | — | −$502,146 | $44,560 | $— | $7,377 | Verified |
| 2023 | $416,938 | — | — | −$372,378 | $44,560 | $— | $9,934 | Verified |
| 2022 | $409,837 | — | — | −$365,277 | $44,560 | $— | $8,234 | Verified |
| 2021 | $385,305 | — | — | −$340,745 | $44,560 | $— | $8,921 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +55.6% | +20.0% | 77.1% | Not available | Partial |
| 2025 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2024 | -31.9% | -31.9% | ~100% | 1.9800% | Verified |
| 2023 | +31.1% | +31.1% | ~100% | 1.8200% | Verified |
| 2022 | +1.7% | +1.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -16.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +55.6% | +11.5% | -9.9% | +55.6% | 2026 | -37.4% | 2025 |
| Assessment Ratio | 77.1% | 36.4% | — | 100.0% | 2025 | 8.2% | 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 |
$6,999 | $8,293 | ~$6,107 | $9,934 | 2023 | $6,999 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$331,968 | ~$331,968 | ~2.0139% | ~$6,686 | -2.9% |
| 2027 | ~$322,221 | ~$322,221 | ~1.9814% | ~$6,384 | -5.8% |
| 2028 | ~$312,761 | ~$312,761 | ~1.9488% | ~$6,095 | -8.6% |
| 2029 | ~$303,578 | ~$303,578 | ~1.9163% | ~$5,817 | -11.2% |
| 2030 | ~$294,665 | ~$294,665 | ~1.8837% | ~$5,551 | -13.8% |
| 2026 | ~$325,127 | ~$325,127 | ~2.0465% | ~$6,654 | -4.9% |
| 2027 | ~$309,079 | ~$309,079 | ~2.0465% | ~$6,325 | -9.6% |
| 2028 | ~$293,823 | ~$293,823 | ~2.0465% | ~$6,013 | -14.1% |
| 2029 | ~$279,320 | ~$279,320 | ~2.0465% | ~$5,716 | -18.3% |
| 2030 | ~$265,533 | ~$265,533 | ~2.0465% | ~$5,434 | -22.4% |
| 2026 | ~$338,808 | ~$338,808 | ~1.9977% | ~$6,768 | -0.9% |
| 2027 | ~$335,637 | ~$335,637 | ~1.9488% | ~$6,541 | -1.9% |
| 2028 | ~$332,495 | ~$332,495 | ~1.9000% | ~$6,317 | -2.8% |
| 2029 | ~$329,383 | ~$329,383 | ~1.8512% | ~$6,098 | -3.7% |
| 2030 | ~$326,300 | ~$326,300 | ~1.8024% | ~$5,881 | -4.6% |
In 2025, this property's market value of $342,009 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -76% 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 | $342,009 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $546,706 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $416,938 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $409,837 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $385,305 | $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.