512 E 11 ST TX 78701
| Owner | MEYERES FAMILY LTD & JANKEL LP & PARK EXCHANGE LLC & |
|---|---|
| Parcel ID | 0208050616 |
| Short ID | 197031 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,600 SF |
| Land SF | 17,085 SF |
| Acres | 0.392 |
| Year Built | 1979 |
| Legal | LOT A T P E A & T E C ADDN (TOTAL SQ FT 17085) |
| Neighborhood | 53CBD |
| Land | $4,843,598 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,843,598 |
| Improvement | $245,102 |
|---|---|
| Total Improvement | $245,102 |
| Market | $5,088,700 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,088,700 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,088,700 |
| Taxable Value | $5,088,700 |
|---|
Appreciation: Market value has risen +54.2% from $3,299,000 (2021) to $5,088,700 (2025), a CAGR of 11.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $104,139. 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 95% of market value ($4,843,598 land vs $245,102 improvements), about $284/SF of land. With value concentrated in the land under a ~47-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $5,088,700, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,747,572 by 2030, with an estimated annual tax burden around $154,380. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,000 SF | ✗ |
| 1ST | 1st Floor | 4,800 SF | ✓ |
| 2ND | 2nd Floor | 4,800 SF | ✓ |
| 501 | CANOPY | 720 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $47,080.65 | $47,080.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,665.65 | $26,665.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,125.62 | $19,125.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,005.84 | $6,005.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,261.72 | $5,261.72 | Paid |
| P2U | — | — | — | — | — | — | $4,244.55 | $4,244.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $108,384.03 | $108,384.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,482,803 | $5,088,700 | +7.7% |
| Assessed Value | $5,482,803 | $5,088,700 | +7.7% |
| Land Value | $4,271,250 | $4,843,598 | -11.8% |
| Improvement Value | $1,211,553 | $245,102 | +394.3% |
| Taxable Value | $5,482,803 | $5,088,700 | +7.7% |
| Total Tax 2026 = estimate |
~$112,205
Estimated
|
~$108,384
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,247,894 | $5,482,803 | -765,091 (-12.2%) |
| Taxable Value | $6,247,894 | $5,482,803 | -765,091 (-12.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,482,803 | $4,271,250 | $1,211,553 | — | $5,482,803 | $5,482,803 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,088,700 | $4,843,598 | $245,102 | — | $5,088,700 | $5,088,700 | ~$108,384 | Partial |
| 2024 | $5,088,700 | — | — | −$245,102 | $4,843,598 | $— | $105,093 | Verified |
| 2023 | $4,400,000 | — | — | −$1,632,230 | $2,767,770 | $— | $96,312 | Verified |
| 2022 | $3,372,913 | — | — | −$605,143 | $2,767,770 | $— | $90,850 | Verified |
| 2021 | $3,299,000 | — | — | −$1,223,172 | $2,075,828 | $— | $76,290 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.8% | +22.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -5.1% | -5.1% | ~100% | 2.0700% | Verified |
| 2023 | +20.4% | +20.4% | ~100% | 1.8000% | Verified |
| 2022 | +32.1% | +32.1% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.7% | +11.2% | +9.8% | +30.5% | 2023 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 83.9% | — | 100.0% | 2025 | 62.9% | 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 |
$108,384 | $95,386 | ~$132,776 | $108,384 | 2025 | $76,290 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,671,044 | ~$5,597,570 | ~2.0139% | ~$112,732 | +11.4% |
| 2027 | ~$6,320,030 | ~$6,157,327 | ~1.9814% | ~$122,001 | +24.2% |
| 2028 | ~$7,043,285 | ~$6,773,060 | ~1.9488% | ~$131,996 | +38.4% |
| 2029 | ~$7,849,308 | ~$7,450,366 | ~1.9163% | ~$142,771 | +54.2% |
| 2030 | ~$8,747,572 | ~$8,195,402 | ~1.8837% | ~$154,380 | +71.9% |
| 2026 | ~$5,569,270 | ~$5,569,270 | ~2.0465% | ~$113,974 | +9.4% |
| 2027 | ~$6,095,223 | ~$6,095,223 | ~2.0465% | ~$124,738 | +19.8% |
| 2028 | ~$6,670,848 | ~$6,670,848 | ~2.0465% | ~$136,518 | +31.1% |
| 2029 | ~$7,300,833 | ~$7,300,833 | ~2.0465% | ~$149,410 | +43.5% |
| 2030 | ~$7,990,313 | ~$7,990,313 | ~2.0465% | ~$163,521 | +57.0% |
| 2026 | ~$5,772,818 | ~$5,597,570 | ~1.9977% | ~$111,821 | +13.4% |
| 2027 | ~$6,548,907 | ~$6,157,327 | ~1.9488% | ~$119,996 | +28.7% |
| 2028 | ~$7,429,333 | ~$6,773,060 | ~1.9000% | ~$128,689 | +46.0% |
| 2029 | ~$8,428,121 | ~$7,450,366 | ~1.8512% | ~$137,921 | +65.6% |
| 2030 | ~$9,561,186 | ~$8,195,402 | ~1.8024% | ~$147,712 | +87.9% |
In 2025, this property's market value of $5,088,700 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 | $5,088,700 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,088,700 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,372,913 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,299,000 | $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.