309 E 11 ST R TX 78701
| Owner | FC DOWNTOWN STUDIOS HOUSING LLC |
|---|---|
| Parcel ID | 0208031503 |
| Short ID | 834376 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 2,698 SF |
| Land SF | 476 SF |
| Acres | 0.011 |
| Year Built | 2014 |
| Legal | UNT R CAPITAL STUDIOS CONDOMINIUMS AMENDED PLUS 1.723 % INT IN COM AREA |
| Neighborhood | 24CBD08 |
| Land | $95,196 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $95,196 |
| Improvement | $771,953 |
|---|---|
| Total Improvement | $771,953 |
| Market | $867,149 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $867,149 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $867,149 |
| Taxable Value | $867,149 |
|---|
Appreciation: Market value has risen +194.1% from $294,800 (2021) to $867,149 (2025), a CAGR of 31.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $17,746. Austin ISD is the largest single contributor, at 44.4% 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 11% of market value ($95,196 land vs $771,953 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $867,149, this parcel sits in the lower-middle (25th–50th 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 +31.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,340,424 by 2030, with an estimated annual tax burden around $26,307. 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 | 2,698 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% | $8,022.86 | $8,022.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,544.01 | $4,544.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,259.14 | $3,259.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,023.44 | $1,023.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $896.63 | $896.63 | Paid |
| P2U | — | — | — | — | — | — | $339.61 | $339.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,085.69 | $18,085.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,228,513 | $867,149 | +41.7% |
| Assessed Value | $1,040,579 | $867,149 | +20.0% |
| Land Value | $95,196 | $95,196 | +0.0% |
| Improvement Value | $1,133,317 | $771,953 | +46.8% |
| Taxable Value | $1,040,579 | $867,149 | +20.0% |
| HS Cap Loss | -$187,934 | — | |
| Total Tax 2026 = estimate |
~$21,295
Estimated
|
~$18,086
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,228,513 | $1,228,513 | +0 (+0.0%) |
| Taxable Value | $1,040,579 | $1,040,579 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,228,513 | $95,196 | $1,133,317 | −$187,934 | $1,040,579 | $1,040,579 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $867,149 | $95,196 | $771,953 | — | $867,149 | $867,149 | ~$18,086 | Partial |
| 2024 | $935,948 | — | — | −$840,752 | $95,196 | $— | $18,951 | Verified |
| 2023 | $650,000 | — | — | −$554,804 | $95,196 | $— | $17,337 | Verified |
| 2022 | $350,000 | — | — | −$254,804 | $95,196 | $— | $12,987 | Verified |
| 2021 | $294,800 | — | — | −$199,604 | $95,196 | $— | $7,618 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.7% | +20.0% | 84.7% | Not available | Partial |
| 2025 | -7.3% | -7.3% | ~100% | Not available | Partial |
| 2024 | -0.0% | -0.0% | ~100% | 2.0200% | Verified |
| 2023 | +29.1% | +29.1% | ~100% | 1.8500% | Verified |
| 2022 | +30.1% | +30.1% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +55.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +41.7% | +36.5% | +23.3% | +85.7% | 2023 | -7.4% | 2025 |
| Assessment Ratio | 84.7% | 44.8% | — | 100.0% | 2025 | 10.2% | 2024 |
| Effective Tax Rate (2025) | 2.0900% | 2.0900% | — | 2.0900% | 2025 | 2.0900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,086 | $14,996 | ~$22,626 | $18,951 | 2024 | $7,618 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,135,626 | ~$953,864 | ~2.0139% | ~$19,210 | +31.0% |
| 2027 | ~$1,487,226 | ~$1,049,250 | ~1.9814% | ~$20,790 | +71.5% |
| 2028 | ~$1,947,684 | ~$1,154,175 | ~1.9488% | ~$22,493 | +124.6% |
| 2029 | ~$2,550,703 | ~$1,269,593 | ~1.9163% | ~$24,329 | +194.1% |
| 2030 | ~$3,340,424 | ~$1,396,552 | ~1.8837% | ~$26,307 | +285.2% |
| 2026 | ~$1,118,283 | ~$953,864 | ~2.0465% | ~$19,521 | +29.0% |
| 2027 | ~$1,442,147 | ~$1,049,250 | ~2.0465% | ~$21,473 | +66.3% |
| 2028 | ~$1,859,806 | ~$1,154,175 | ~2.0465% | ~$23,620 | +114.5% |
| 2029 | ~$2,398,422 | ~$1,269,593 | ~2.0465% | ~$25,982 | +176.6% |
| 2030 | ~$3,093,026 | ~$1,396,552 | ~2.0465% | ~$28,580 | +256.7% |
| 2026 | ~$1,152,969 | ~$953,864 | ~1.9977% | ~$19,055 | +33.0% |
| 2027 | ~$1,532,997 | ~$1,049,250 | ~1.9488% | ~$20,448 | +76.8% |
| 2028 | ~$2,038,287 | ~$1,154,175 | ~1.9000% | ~$21,930 | +135.1% |
| 2029 | ~$2,710,124 | ~$1,269,593 | ~1.8512% | ~$23,503 | +212.5% |
| 2030 | ~$3,603,405 | ~$1,396,552 | ~1.8024% | ~$25,171 | +315.5% |
In 2025, this property's market value of $867,149 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -39% 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 | $867,149 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $935,948 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $650,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $350,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $294,800 | $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.