718 E 11 ST TX 78701
| Owner | I-35 & 11TH STREET LP |
|---|---|
| Parcel ID | 0208051402 |
| Short ID | 197045 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 1,715 SF |
| Land SF | 11,852 SF |
| Acres | 0.272 |
| Year Built | 1966 |
| Legal | LOT 4 PLUS ADJ 1/2 VAC ALLEY BLOCK 141 ORIGINAL CITY |
| Neighborhood | 83CEN |
| Land | $4,044,495 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,044,495 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,364,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,364,500 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,364,500 |
| Taxable Value | $3,364,500 |
|---|
Appreciation: Market value has risen +46.3% from $2,299,486 (2021) to $3,364,500 (2025), a CAGR of 10.0% 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 $68,854. Austin ISD is the largest single contributor, at 43.5% 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 120% of market value ($4,044,495 land vs $0 improvements), about $341/SF of land. With value concentrated in the land under a ~60-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 $3,364,500, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,414,181 by 2030, with an estimated annual tax burden around $101,989. 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 | 10,860 SF | ✗ |
| 1ST | 1st Floor | 1,715 SF | ✓ |
| 501 | CANOPY | 690 SF | ✗ |
| SO | Sketch Only | 526 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $31,128.35 | $31,128.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,630.55 | $17,630.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,645.31 | $12,645.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,970.88 | $3,970.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,478.89 | $3,478.89 | Paid |
| P2U | — | — | — | — | — | — | $2,649.66 | $2,649.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,503.64 | $71,503.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,500,000 | $3,364,500 | +63.5% |
| Assessed Value | $4,037,400 | $3,364,500 | +20.0% |
| Land Value | $5,333,400 | $4,044,495 | +31.9% |
| Improvement Value | $166,600 | — | — |
| Taxable Value | $4,037,400 | $3,364,500 | +20.0% |
| HS Cap Loss | -$1,462,600 | — | |
| Total Tax 2026 = estimate |
~$82,625
Estimated
|
~$71,504
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,500,000 | $5,500,000 | +0 (+0.0%) |
| Taxable Value | $4,037,400 | $4,037,400 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,500,000 | $5,333,400 | $166,600 | −$1,462,600 | $4,037,400 | $4,037,400 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,364,500 | $4,044,495 | — | — | $3,364,500 | $3,364,500 | ~$71,504 | Partial |
| 2024 | $2,633,827 | — | — | — | $4,044,495 ! | $— | $65,098 | Verified |
| 2023 | $2,597,388 | — | — | −$226,988 | $2,370,400 | $— | $49,626 | Verified |
| 2022 | $2,301,088 | — | — | — | $2,370,400 ! | $— | $53,394 | Verified |
| 2021 | $2,299,486 | — | — | −$225,386 | $2,074,100 | $— | $51,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.5% | +20.0% | 73.4% | Not available | Partial |
| 2025 | -21.7% | +6.5% | ~100% | Not available | Partial |
| 2024 | +63.0% | +20.0% | 73.6% | 1.5200% | Verified |
| 2023 | +1.4% | +1.4% | ~100% | 1.8800% | Verified |
| 2022 | +12.9% | +12.9% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +63.5% | +21.1% | +1.4% | +63.5% | 2026 | +0.1% | 2022 |
| Assessment Ratio | 73.4% | 101.9% | — | 153.6% | 2024 | 73.4% | 2026 |
| 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 |
$71,504 | $58,302 | ~$87,743 | $71,504 | 2025 | $49,626 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,700,351 | ~$3,700,351 | ~2.0139% | ~$74,523 | +10.0% |
| 2027 | ~$4,069,728 | ~$4,069,728 | ~1.9814% | ~$80,637 | +21.0% |
| 2028 | ~$4,475,977 | ~$4,475,977 | ~1.9488% | ~$87,230 | +33.0% |
| 2029 | ~$4,922,779 | ~$4,922,779 | ~1.9163% | ~$94,335 | +46.3% |
| 2030 | ~$5,414,181 | ~$5,414,181 | ~1.8837% | ~$101,989 | +60.9% |
| 2026 | ~$3,633,061 | ~$3,633,061 | ~2.0465% | ~$74,350 | +8.0% |
| 2027 | ~$3,923,060 | ~$3,923,060 | ~2.0465% | ~$80,285 | +16.6% |
| 2028 | ~$4,236,207 | ~$4,236,207 | ~2.0465% | ~$86,693 | +25.9% |
| 2029 | ~$4,574,350 | ~$4,574,350 | ~2.0465% | ~$93,613 | +36.0% |
| 2030 | ~$4,939,484 | ~$4,939,484 | ~2.0465% | ~$101,086 | +46.8% |
| 2026 | ~$3,767,641 | ~$3,700,950 | ~1.9977% | ~$73,932 | +12.0% |
| 2027 | ~$4,219,088 | ~$4,071,045 | ~1.9488% | ~$79,338 | +25.4% |
| 2028 | ~$4,724,628 | ~$4,478,150 | ~1.9000% | ~$85,086 | +40.4% |
| 2029 | ~$5,290,743 | ~$4,925,964 | ~1.8512% | ~$91,189 | +57.3% |
| 2030 | ~$5,924,691 | ~$5,418,561 | ~1.8024% | ~$97,663 | +76.1% |
In 2025, this property's market value of $3,364,500 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +137% above 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 | $3,364,500 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,633,827 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,597,388 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,301,088 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,299,486 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.