700 E 11 ST TX 78701
| Owner | TEXAS TRUCKING ASSOCIATION |
|---|---|
| Parcel ID | 0208051803 |
| Short ID | 909701 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 11,600 SF |
| Land SF | 649 SF |
| Acres | 0.015 |
| Year Built | 2020 |
| Legal | UNT OFFICE UNIT CAPITOL CONDOMINIUMS PLUS 1.84 % INT IN COM AREA |
| Neighborhood | 52CBD |
| Land | $260,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $260,000 |
| Improvement | $6,001,975 |
|---|---|
| Total Improvement | $6,001,975 |
| Market | $6,261,975 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,261,975 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,261,975 |
| Taxable Value | $6,261,975 |
|---|
Appreciation: Market value has risen +1766.3% from $335,522 (2021) to $6,261,975 (2025), a CAGR of 107.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $128,150. 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 4% of market value ($260,000 land vs $6,001,975 improvements), about $401/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,261,975, 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 +107.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $242,912,151 by 2030, with an estimated annual tax burden around $189,975. 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 | 11,600 SF | ✓ |
Market value changed by 174% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $57,935.79 | $57,935.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $32,813.81 | $32,813.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,535.32 | $23,535.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,390.57 | $7,390.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,474.88 | $6,474.88 | Paid |
| P2U | — | — | — | — | — | — | $5,329.83 | $5,329.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $133,480.20 | $133,480.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,099,641 | $6,261,975 | -2.6% |
| Assessed Value | $6,099,641 | $6,261,975 | -2.6% |
| Land Value | $389,610 | $260,000 | +49.9% |
| Improvement Value | $5,710,031 | $6,001,975 | -4.9% |
| Taxable Value | $6,099,641 | $6,261,975 | -2.6% |
| Total Tax 2026 = estimate |
~$124,828
Estimated
|
~$133,480
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,099,641 | $6,099,641 | +0 (+0.0%) |
| Taxable Value | $6,099,641 | $6,099,641 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,099,641 | $389,610 | $5,710,031 | — | $6,099,641 | $6,099,641 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,261,975 | $260,000 | $6,001,975 | — | $6,261,975 | $6,261,975 | ~$133,480 | Partial |
| 2024 | $7,616,826 | — | — | — | — | $— | $134,368 | Verified |
| 2023 | $7,690,210 | — | — | — | — | $— | $144,390 | Verified |
| 2022 | $2,805,918 | — | — | — | — | $— | $159,066 | Verified |
| 2021 | $335,522 | — | — | −$18,964 | $316,558 | $— | $63,382 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2024 | -10.2% | -10.2% | ~100% | 1.9600% | Verified |
| 2023 | -1.0% | -1.0% | ~100% | 1.9000% | Verified |
| 2022 | +174.1% ! | +174.1% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 18.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +123.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +177.8% | +109.0% | +736.3% | 2022 | -17.8% | 2025 |
| Assessment Ratio | 100.0% | 98.1% | — | 100.0% | 2025 | 94.3% | 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 |
$133,480 | $126,937 | ~$163,389 | $159,066 | 2022 | $63,382 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,015,442 | ~$6,888,173 | ~2.0139% | ~$138,723 | +107.8% |
| 2027 | ~$27,052,443 | ~$7,576,990 | ~1.9814% | ~$150,130 | +332.0% |
| 2028 | ~$56,228,186 | ~$8,334,689 | ~1.9488% | ~$162,430 | +797.9% |
| 2029 | ~$116,869,627 | ~$9,168,158 | ~1.9163% | ~$175,689 | +1766.3% |
| 2030 | ~$242,912,151 | ~$10,084,973 | ~1.8837% | ~$189,975 | +3779.2% |
| 2026 | ~$12,890,202 | ~$6,888,173 | ~2.0465% | ~$140,965 | +105.8% |
| 2027 | ~$26,534,330 | ~$7,576,990 | ~2.0465% | ~$155,062 | +323.7% |
| 2028 | ~$54,620,608 | ~$8,334,689 | ~2.0465% | ~$170,568 | +772.3% |
| 2029 | ~$112,435,882 | ~$9,168,158 | ~2.0465% | ~$187,625 | +1695.5% |
| 2030 | ~$231,447,947 | ~$10,084,973 | ~2.0465% | ~$206,387 | +3596.1% |
| 2026 | ~$13,140,681 | ~$6,888,173 | ~1.9977% | ~$137,602 | +109.8% |
| 2027 | ~$27,575,566 | ~$7,576,990 | ~1.9488% | ~$147,663 | +340.4% |
| 2028 | ~$57,867,002 | ~$8,334,689 | ~1.9000% | ~$158,360 | +824.1% |
| 2029 | ~$121,433,225 | ~$9,168,158 | ~1.8512% | ~$169,720 | +1839.2% |
| 2030 | ~$254,826,201 | ~$10,084,973 | ~1.8024% | ~$181,769 | +3969.4% |
In 2025, this property's market value of $6,261,975 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 | $6,261,975 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,616,826 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,690,210 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,805,918 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $335,522 | $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.