1104 E 11 ST TX 78702
| Owner | JMR HOLMES LLC |
|---|---|
| Parcel ID | 0208061810 |
| Short ID | 197245 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 3,632 SF |
| Land SF | 4,613 SF |
| Acres | 0.106 |
| Year Built | 1939 |
| Legal | S104.5FT OF W 10.67FT OF LOT 61 & S104.5FT OF E33.47 LOT 62 OLT 55 DIVISION B |
| Neighborhood | 31CEN |
| Land | $645,820 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $645,820 |
| Improvement | $60,341 |
|---|---|
| Total Improvement | $60,341 |
| Market | $706,161 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $706,161 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $706,161 |
| Taxable Value | $706,161 |
|---|
Appreciation: Market value has risen +15.6% from $611,057 (2021) to $706,161 (2025), a CAGR of 3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $14,451. Austin ISD is the largest single contributor, at 45.2% 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 91% of market value ($645,820 land vs $60,341 improvements), about $140/SF of land. With value concentrated in the land under a ~87-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 $706,161, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $846,119 by 2030, with an estimated annual tax burden around $15,939. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,632 SF | ✓ |
| 327 | STORAGE COMM'L | 234 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% | $6,533.40 | $6,533.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,700.40 | $3,700.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,654.07 | $2,654.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $833.43 | $833.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $730.17 | $730.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,451.47 | $14,451.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $710,124 | $706,161 | +0.6% |
| Assessed Value | $710,124 | $706,161 | +0.6% |
| Land Value | $645,820 | $645,820 | +0.0% |
| Improvement Value | $64,304 | $60,341 | +6.6% |
| Taxable Value | $710,124 | $706,161 | +0.6% |
| Total Tax 2026 = estimate |
~$14,533
Estimated
|
~$14,451
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $710,124 | $710,124 | +0 (+0.0%) |
| Taxable Value | $710,124 | $710,124 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $710,124 | $645,820 | $64,304 | — | $710,124 | $710,124 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $706,161 | $645,820 | $60,341 | — | $706,161 | $706,161 | ~$14,451 | Partial |
| 2024 | $768,114 | — | — | −$122,294 | $645,820 | $— | $15,172 | Verified |
| 2023 | $573,223 | — | — | — | $645,820 ! | $— | $11,046 | Verified |
| 2022 | $527,821 | — | — | −$43,456 | $484,365 | $— | $9,040 | Verified |
| 2021 | $611,057 | — | — | −$334,277 | $276,780 | $— | $8,488 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2025 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | 1.9800% | Verified |
| 2023 | +34.0% | +34.0% | ~100% | 1.4400% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.5800% | Verified |
| 2021 | base year | — | ~100% | 1.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +4.3% | +3.6% | +34.0% | 2024 | -13.6% | 2022 |
| Assessment Ratio | 100.0% | 89.0% | — | 112.7% | 2023 | 45.3% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,451 | $11,639 | ~$15,340 | $15,172 | 2024 | $8,488 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$732,165 | ~$732,165 | ~2.0139% | ~$14,745 | +3.7% |
| 2027 | ~$759,128 | ~$759,128 | ~1.9814% | ~$15,041 | +7.5% |
| 2028 | ~$787,082 | ~$787,082 | ~1.9488% | ~$15,339 | +11.5% |
| 2029 | ~$816,067 | ~$816,067 | ~1.9163% | ~$15,638 | +15.6% |
| 2030 | ~$846,119 | ~$846,119 | ~1.8837% | ~$15,939 | +19.8% |
| 2026 | ~$718,042 | ~$718,042 | ~2.0465% | ~$14,695 | +1.7% |
| 2027 | ~$730,123 | ~$730,123 | ~2.0465% | ~$14,942 | +3.4% |
| 2028 | ~$742,408 | ~$742,408 | ~2.0465% | ~$15,193 | +5.1% |
| 2029 | ~$754,899 | ~$754,899 | ~2.0465% | ~$15,449 | +6.9% |
| 2030 | ~$767,600 | ~$767,600 | ~2.0465% | ~$15,709 | +8.7% |
| 2026 | ~$746,289 | ~$746,289 | ~1.9977% | ~$14,908 | +5.7% |
| 2027 | ~$788,697 | ~$788,697 | ~1.9488% | ~$15,370 | +11.7% |
| 2028 | ~$833,514 | ~$833,514 | ~1.9000% | ~$15,837 | +18.0% |
| 2029 | ~$880,879 | ~$880,879 | ~1.8512% | ~$16,307 | +24.7% |
| 2030 | ~$930,935 | ~$930,935 | ~1.8024% | ~$16,779 | +31.8% |
In 2025, this property's market value of $706,161 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% 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 | $706,161 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $768,114 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $573,223 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $527,821 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $611,057 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.