1200 E 11 ST 402 TX 78702
| Owner | EV LOFT PARTNERS II LLC |
|---|---|
| Parcel ID | 0208062028 |
| Short ID | 762455 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 549 SF |
| Land SF | 1,080 SF |
| Acres | 0.025 |
| Year Built | 2008 |
| Legal | UNT 402 EAST VILLAGE CONDOMINIUMS THE PLUS 4.14 % INT IN COM AREA |
| Neighborhood | 24EC03 |
| Land | $102,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $102,600 |
| Improvement | $281,795 |
|---|---|
| Total Improvement | $281,795 |
| Market | $384,395 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $384,395 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $384,395 |
| Taxable Value | $384,395 |
|---|
Appreciation: Market value has risen +53.3% from $250,815 (2021) to $384,395 (2025), a CAGR of 11.3% 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 $7,867. 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 27% of market value ($102,600 land vs $281,795 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 $384,395, 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 +11.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $655,478 by 2030, with an estimated annual tax burden around $11,662. 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 | 549 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 80 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% | $3,556.42 | $3,556.42 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,014.30 | $2,014.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,444.73 | $1,444.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $453.67 | $453.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $397.46 | $397.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,866.58 | $7,866.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $350,000 | $384,395 | -8.9% |
| Assessed Value | $350,000 | $384,395 | -8.9% |
| Land Value | $102,600 | $102,600 | +0.0% |
| Improvement Value | $247,400 | $281,795 | -12.2% |
| Taxable Value | $350,000 | $384,395 | -8.9% |
| Total Tax 2026 = estimate |
~$7,163
Estimated
|
~$7,867
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $414,928 | $350,000 | -64,928 (-15.6%) |
| Taxable Value | $414,928 | $350,000 | -64,928 (-15.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $350,000 | $102,600 | $247,400 | — | $350,000 | $350,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $384,395 | $102,600 | $281,795 | — | $384,395 | $384,395 | ~$7,867 | Partial |
| 2024 | $339,711 | — | — | −$237,111 | $102,600 | $— | $7,870 | Verified |
| 2023 | $298,200 | — | — | −$195,600 | $102,600 | $— | $6,146 | Verified |
| 2022 | $231,898 | — | — | −$129,298 | $102,600 | $— | $5,889 | Verified |
| 2021 | $250,815 | — | — | −$191,415 | $59,400 | $— | $5,048 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.9% | +7.9% | ~100% | Not available | Partial |
| 2025 | -29.4% | -5.7% | ~100% | Not available | Partial |
| 2024 | +50.7% | +12.8% | 74.8% | 1.4400% | Verified |
| 2023 | +21.2% | +21.2% | ~100% | 1.7000% | Verified |
| 2022 | +28.6% | +28.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.9% | +7.9% | +13.5% | +28.6% | 2023 | -8.9% | 2026 |
| Assessment Ratio | 100.0% | 55.4% | — | 100.0% | 2025 | 23.7% | 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 |
$7,867 | $6,564 | ~$10,030 | $7,870 | 2024 | $5,048 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$427,695 | ~$422,835 | ~2.0139% | ~$8,516 | +11.3% |
| 2027 | ~$475,872 | ~$465,118 | ~1.9814% | ~$9,216 | +23.8% |
| 2028 | ~$529,476 | ~$511,630 | ~1.9488% | ~$9,971 | +37.7% |
| 2029 | ~$589,118 | ~$562,793 | ~1.9163% | ~$10,785 | +53.3% |
| 2030 | ~$655,478 | ~$619,072 | ~1.8837% | ~$11,662 | +70.5% |
| 2026 | ~$420,007 | ~$420,007 | ~2.0465% | ~$8,595 | +9.3% |
| 2027 | ~$458,918 | ~$458,918 | ~2.0465% | ~$9,392 | +19.4% |
| 2028 | ~$501,433 | ~$501,433 | ~2.0465% | ~$10,262 | +30.4% |
| 2029 | ~$547,888 | ~$547,888 | ~2.0465% | ~$11,212 | +42.5% |
| 2030 | ~$598,646 | ~$598,646 | ~2.0465% | ~$12,251 | +55.7% |
| 2026 | ~$435,383 | ~$422,835 | ~1.9977% | ~$8,447 | +13.3% |
| 2027 | ~$493,133 | ~$465,118 | ~1.9488% | ~$9,064 | +28.3% |
| 2028 | ~$558,544 | ~$511,630 | ~1.9000% | ~$9,721 | +45.3% |
| 2029 | ~$632,631 | ~$562,793 | ~1.8512% | ~$10,418 | +64.6% |
| 2030 | ~$716,546 | ~$619,072 | ~1.8024% | ~$11,158 | +86.4% |
In 2025, this property's market value of $384,395 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% 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 | $384,395 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $339,711 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $298,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $231,898 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $250,815 | $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.