1200 E 11 ST 102 TX 78702
| Owner | PIRIN INVEST LLC |
|---|---|
| Parcel ID | 0208062003 |
| Short ID | 762430 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,040 SF |
| Land SF | 1,093 SF |
| Acres | 0.025 |
| Year Built | 2008 |
| Legal | UNT 102 EAST VILLAGE CONDOMINIUMS THE PLUS 4.19 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $103,835 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $103,835 |
| Improvement | $532,652 |
|---|---|
| Total Improvement | $532,652 |
| Market | $636,487 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $636,487 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $636,487 |
| Taxable Value | $636,487 |
|---|
Appreciation: Market value has risen +52.3% from $417,869 (2021) to $636,487 (2025), a CAGR of 11.1% 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 $13,026. 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 16% of market value ($103,835 land vs $532,652 improvements), about $95/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $636,487, this parcel sits in the bottom quartile (<25th 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 +11.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,077,026 by 2030, with an estimated annual tax burden around $19,310. 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 | 1,040 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% | $5,888.78 | $5,888.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,335.30 | $3,335.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,392.20 | $2,392.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $751.20 | $751.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $658.13 | $658.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,025.61 | $13,025.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $570,000 | $636,487 | -10.4% |
| Assessed Value | $570,000 | $636,487 | -10.4% |
| Land Value | $103,835 | $103,835 | +0.0% |
| Improvement Value | $466,165 | $532,652 | -12.5% |
| Taxable Value | $570,000 | $636,487 | -10.4% |
| Total Tax 2026 = estimate |
~$11,665
Estimated
|
~$13,026
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $694,270 | $570,000 | -124,270 (-17.9%) |
| Taxable Value | $694,270 | $570,000 | -124,270 (-17.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $570,000 | $103,835 | $466,165 | — | $570,000 | $570,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $636,487 | $103,835 | $532,652 | — | $636,487 | $636,487 | ~$13,026 | Partial |
| 2024 | $557,413 | — | — | −$453,578 | $103,835 | $— | $13,032 | Verified |
| 2023 | $473,200 | — | — | −$369,365 | $103,835 | $— | $10,085 | Verified |
| 2022 | $372,227 | — | — | −$268,392 | $103,835 | $— | $9,345 | Verified |
| 2021 | $417,869 | — | — | −$357,754 | $60,115 | $— | $8,102 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.1% | +9.1% | ~100% | Not available | Partial |
| 2025 | -3.2% | -3.2% | ~100% | Not available | Partial |
| 2024 | +10.9% | +10.9% | ~100% | 1.9800% | Verified |
| 2023 | +25.3% | +25.3% | ~100% | 1.7000% | Verified |
| 2022 | +27.1% | +27.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +71.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.4% | +7.6% | +13.7% | +27.1% | 2023 | -10.9% | 2022 |
| Assessment Ratio | 100.0% | 47.1% | — | 100.0% | 2025 | 14.4% | 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 |
$13,026 | $10,718 | ~$16,608 | $13,032 | 2024 | $8,102 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$707,094 | ~$700,136 | ~2.0139% | ~$14,100 | +11.1% |
| 2027 | ~$785,533 | ~$770,149 | ~1.9814% | ~$15,260 | +23.4% |
| 2028 | ~$872,673 | ~$847,164 | ~1.9488% | ~$16,510 | +37.1% |
| 2029 | ~$969,480 | ~$931,881 | ~1.9163% | ~$17,858 | +52.3% |
| 2030 | ~$1,077,026 | ~$1,025,069 | ~1.8837% | ~$19,310 | +69.2% |
| 2026 | ~$694,364 | ~$694,364 | ~2.0465% | ~$14,210 | +9.1% |
| 2027 | ~$757,503 | ~$757,503 | ~2.0465% | ~$15,502 | +19.0% |
| 2028 | ~$826,385 | ~$826,385 | ~2.0465% | ~$16,912 | +29.8% |
| 2029 | ~$901,529 | ~$901,529 | ~2.0465% | ~$18,450 | +41.6% |
| 2030 | ~$983,507 | ~$983,507 | ~2.0465% | ~$20,127 | +54.5% |
| 2026 | ~$719,823 | ~$700,136 | ~1.9977% | ~$13,986 | +13.1% |
| 2027 | ~$814,071 | ~$770,149 | ~1.9488% | ~$15,009 | +27.9% |
| 2028 | ~$920,659 | ~$847,164 | ~1.9000% | ~$16,096 | +44.6% |
| 2029 | ~$1,041,202 | ~$931,881 | ~1.8512% | ~$17,251 | +63.6% |
| 2030 | ~$1,177,528 | ~$1,025,069 | ~1.8024% | ~$18,476 | +85.0% |
In 2025, this property's market value of $636,487 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -55% 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 | $636,487 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $557,413 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $473,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $372,227 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $417,869 | $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.