1208 E 11 ST TX 78702
| Owner | 1208 E 11TH ST LLC |
|---|---|
| Parcel ID | 0208061903 |
| Short ID | 197249 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,980 SF |
| Land SF | 11,763 SF |
| Acres | 0.270 |
| Year Built | 1973 |
| Legal | LOT A SIGMOR SUBD THE |
| Neighborhood | 20CEN |
| Land | $1,396,856 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,396,856 |
| Improvement | $24,314 |
|---|---|
| Total Improvement | $24,314 |
| Market | $1,421,170 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,421,170 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,421,170 |
| Taxable Value | $1,421,170 |
|---|
Appreciation: Market value has risen +81.7% from $782,000 (2021) to $1,421,170 (2025), a CAGR of 16.1% 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 $29,084. 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 98% of market value ($1,396,856 land vs $24,314 improvements), about $119/SF of land. With value concentrated in the land under a ~53-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 $1,421,170, this parcel sits in the upper-middle (50th–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 +16.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,998,784 by 2030, with an estimated annual tax burden around $43,115. 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 | 8,000 SF | ✗ |
| 1ST | 1st Floor | 1,980 SF | ✓ |
| 611 | TERRACE | 792 SF | ✗ |
| 327 | STORAGE COMM'L | 464 SF | ✓ |
| 501 | CANOPY | 396 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% | $13,148.66 | $13,148.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,447.17 | $7,447.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,341.40 | $5,341.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,677.31 | $1,677.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,469.49 | $1,469.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,084.03 | $29,084.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,421,170 | $1,421,170 | +0.0% |
| Assessed Value | $1,421,170 | $1,421,170 | +0.0% |
| Land Value | $1,396,856 | $1,396,856 | +0.0% |
| Improvement Value | $24,314 | $24,314 | +0.0% |
| Taxable Value | $1,421,170 | $1,421,170 | +0.0% |
| Total Tax 2026 = estimate |
~$29,084
Estimated
|
~$29,084
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,422,946 | $1,421,170 | -1,776 (-0.1%) |
| Taxable Value | $1,422,946 | $1,421,170 | -1,776 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,421,170 | $1,396,856 | $24,314 | — | $1,421,170 | $1,421,170 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,421,170 | $1,396,856 | $24,314 | — | $1,421,170 | $1,421,170 | ~$29,084 | Partial |
| 2024 | $1,410,000 | — | — | −$13,144 | $1,396,856 | $— | $28,142 | Verified |
| 2023 | $1,099,912 | — | — | — | $1,396,856 ! | $— | $25,510 | Verified |
| 2022 | $716,459 | — | — | — | $1,061,611 ! | $— | $21,722 | Verified |
| 2021 | $782,000 | — | — | −$111,509 | $670,491 | $— | $15,595 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +0.7% | +0.7% | ~100% | 1.9800% | Verified |
| 2023 | +28.2% | +28.2% | ~100% | 1.8100% | Verified |
| 2022 | +53.5% | +53.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +98.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +14.8% | +16.1% | +53.5% | 2023 | -8.4% | 2022 |
| Assessment Ratio | 100.0% | 110.0% | — | 148.2% | 2022 | 85.7% | 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 |
$29,084 | $24,011 | ~$37,082 | $29,084 | 2025 | $15,595 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,650,083 | ~$1,563,287 | ~2.0139% | ~$31,484 | +16.1% |
| 2027 | ~$1,915,868 | ~$1,719,616 | ~1.9814% | ~$34,072 | +34.8% |
| 2028 | ~$2,224,465 | ~$1,891,577 | ~1.9488% | ~$36,864 | +56.5% |
| 2029 | ~$2,582,767 | ~$2,080,735 | ~1.9163% | ~$39,873 | +81.7% |
| 2030 | ~$2,998,784 | ~$2,288,808 | ~1.8837% | ~$43,115 | +111.0% |
| 2026 | ~$1,621,660 | ~$1,563,287 | ~2.0465% | ~$31,992 | +14.1% |
| 2027 | ~$1,850,434 | ~$1,719,616 | ~2.0465% | ~$35,192 | +30.2% |
| 2028 | ~$2,111,481 | ~$1,891,577 | ~2.0465% | ~$38,711 | +48.6% |
| 2029 | ~$2,409,356 | ~$2,080,735 | ~2.0465% | ~$42,582 | +69.5% |
| 2030 | ~$2,749,253 | ~$2,288,808 | ~2.0465% | ~$46,840 | +93.4% |
| 2026 | ~$1,678,507 | ~$1,563,287 | ~1.9977% | ~$31,229 | +18.1% |
| 2027 | ~$1,982,440 | ~$1,719,616 | ~1.9488% | ~$33,513 | +39.5% |
| 2028 | ~$2,341,408 | ~$1,891,577 | ~1.9000% | ~$35,940 | +64.8% |
| 2029 | ~$2,765,376 | ~$2,080,735 | ~1.8512% | ~$38,518 | +94.6% |
| 2030 | ~$3,266,113 | ~$2,288,808 | ~1.8024% | ~$41,253 | +129.8% |
In 2025, this property's market value of $1,421,170 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +0% 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 | $1,421,170 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,410,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,099,912 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $716,459 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $782,000 | $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.