502 E 11 ST TX 78701
| Owner | TEXAS ASSOCIATION OF BROADCAST |
|---|---|
| Parcel ID | 0208050610 |
| Short ID | 197026 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 15,108 SF |
| Land SF | 21,250 SF |
| Acres | 0.488 |
| Year Built | 1998 |
| Legal | LOT 1 * & W16FT OF LOT 2 * PLUS 1/2 ADJ VAC ST & ALLEY BLOCK 139 ORIGINAL CITY |
| Neighborhood | 52CBD |
| Land | $7,251,563 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,251,563 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,096,714 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,096,714 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,096,714 |
| Taxable Value | $6,096,714 |
|---|
Appreciation: Market value has risen +2.2% from $5,962,600 (2021) to $6,096,714 (2025), a CAGR of 0.6% 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 $124,768. Austin ISD is the largest single contributor, at 43.4% 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 119% of market value ($7,251,563 land vs $0 improvements), about $341/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,096,714, this parcel sits in the top quartile (≥75th 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 +0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,268,606 by 2030, with an estimated annual tax burden around $118,084. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 22,462 SF | ✗ |
| 551 | PAVED AREA | 12,800 SF | ✗ |
| 487 | PARKING UNDER | 8,096 SF | ✓ |
| 2ND | 2nd Floor | 7,354 SF | ✓ |
| 3RD | 3rd Floor | 7,354 SF | ✓ |
| 4TH | 4th Floor | 7,354 SF | ✓ |
| 501 | CANOPY | 1,454 SF | ✗ |
| 1ST | 1st Floor | 400 SF | ✓ |
| 327 | STORAGE COMM'L | 386 SF | ✓ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $56,406.80 | $56,406.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,947.82 | $31,947.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,914.19 | $22,914.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,195.52 | $7,195.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,304.00 | $6,304.00 | Paid |
| P2U | — | — | — | — | — | — | $5,176.96 | $5,176.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $129,945.29 | $129,945.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,857,742 | $6,096,714 | -3.9% |
| Assessed Value | $5,857,742 | $6,096,714 | -3.9% |
| Land Value | $5,312,500 | $7,251,563 | -26.7% |
| Improvement Value | $545,242 | — | — |
| Taxable Value | $5,857,742 | $6,096,714 | -3.9% |
| Total Tax 2026 = estimate |
~$119,878
Estimated
|
~$129,945
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,857,742 | $5,857,742 | +0 (+0.0%) |
| Taxable Value | $5,857,742 | $5,857,742 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,857,742 | $5,312,500 | $545,242 | — | $5,857,742 | $5,857,742 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,096,714 | $7,251,563 | — | — | $6,096,714 | $6,096,714 | ~$129,945 | Partial |
| 2024 | $5,040,900 | — | — | — | $6,077,480 ! | $— | $125,604 | Verified |
| 2023 | $5,040,900 | — | — | −$790,900 | $4,250,000 | $— | $95,403 | Verified |
| 2022 | $5,669,200 | — | — | −$1,419,200 | $4,250,000 | $— | $104,095 | Verified |
| 2021 | $5,962,600 | — | — | −$2,775,100 | $3,187,500 | $— | $128,569 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | +20.6% | +20.6% | ~100% | 2.0700% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2022 | -11.1% | -11.1% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +0.2% | +1.4% | +20.9% | 2025 | -11.1% | 2023 |
| Assessment Ratio | 100.0% | 88.9% | — | 120.6% | 2024 | 53.5% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$129,945 | $116,723 | ~$120,795 | $129,945 | 2025 | $95,403 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,130,711 | ~$6,130,711 | ~2.0139% | ~$123,469 | +0.6% |
| 2027 | ~$6,164,898 | ~$6,164,898 | ~1.9814% | ~$122,151 | +1.1% |
| 2028 | ~$6,199,275 | ~$6,199,275 | ~1.9488% | ~$120,814 | +1.7% |
| 2029 | ~$6,233,845 | ~$6,233,845 | ~1.9163% | ~$119,459 | +2.2% |
| 2030 | ~$6,268,606 | ~$6,268,606 | ~1.8837% | ~$118,084 | +2.8% |
| 2026 | ~$6,008,777 | ~$6,008,777 | ~2.0465% | ~$122,969 | -1.4% |
| 2027 | ~$5,922,108 | ~$5,922,108 | ~2.0465% | ~$121,195 | -2.9% |
| 2028 | ~$5,836,690 | ~$5,836,690 | ~2.0465% | ~$119,447 | -4.3% |
| 2029 | ~$5,752,503 | ~$5,752,503 | ~2.0465% | ~$117,724 | -5.6% |
| 2030 | ~$5,669,531 | ~$5,669,531 | ~2.0465% | ~$116,026 | -7.0% |
| 2026 | ~$6,252,645 | ~$6,252,645 | ~1.9977% | ~$124,907 | +2.6% |
| 2027 | ~$6,412,565 | ~$6,412,565 | ~1.9488% | ~$124,971 | +5.2% |
| 2028 | ~$6,576,575 | ~$6,576,575 | ~1.9000% | ~$124,956 | +7.9% |
| 2029 | ~$6,744,780 | ~$6,744,780 | ~1.8512% | ~$124,859 | +10.6% |
| 2030 | ~$6,917,286 | ~$6,917,286 | ~1.8024% | ~$124,675 | +13.5% |
In 2025, this property's market value of $6,096,714 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $6,096,714 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,040,900 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,040,900 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,669,200 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,962,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.