611 W 15 ST 3 TX 78701
| Owner | 611W15 LP |
|---|---|
| Parcel ID | 0210020204 |
| Short ID | 199692 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 5,892 SF |
| Land SF | 8,832 SF |
| Acres | 0.203 |
| Year Built | 1910 |
| Legal | LOT 8 BLOCK 178 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $2,649,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,649,600 |
| Improvement | $1,422,018 |
|---|---|
| Total Improvement | $1,422,018 |
| Market | $4,071,618 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,071,618 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,071,618 |
| Taxable Value | $4,071,618 |
|---|
Appreciation: Market value has risen +97.6% from $2,060,700 (2021) to $4,071,618 (2025), a CAGR of 18.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $83,325. 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 65% of market value ($2,649,600 land vs $1,422,018 improvements), about $300/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,071,618, 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 +18.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,538,001 by 2030, with an estimated annual tax burden around $123,524. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,892 SF | ✗ |
| RSBLW | Residence Below | 2,220 SF | ✓ |
| 2ND | 2nd Floor | 2,052 SF | ✓ |
| 1ST | 1st Floor | 1,620 SF | ✓ |
| 551 | PAVED AREA | 800 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 528 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% | $37,670.61 | $37,670.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,335.97 | $21,335.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,302.97 | $15,302.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,805.45 | $4,805.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,210.05 | $4,210.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $83,325.05 | $83,325.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,880,036 | $4,071,618 | -4.7% |
| Assessed Value | $3,880,036 | $4,071,618 | -4.7% |
| Land Value | $1,766,400 | $2,649,600 | -33.3% |
| Improvement Value | $2,113,636 | $1,422,018 | +48.6% |
| Taxable Value | $3,880,036 | $4,071,618 | -4.7% |
| Total Tax 2026 = estimate |
~$79,404
Estimated
|
~$83,325
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,880,036 | $3,880,036 | +0 (+0.0%) |
| Taxable Value | $3,880,036 | $3,880,036 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,880,036 | $1,766,400 | $2,113,636 | — | $3,880,036 | $3,880,036 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,071,618 | $2,649,600 | $1,422,018 | — | $4,071,618 | $4,071,618 | ~$83,325 | Partial |
| 2024 | $2,771,172 | — | — | −$121,572 | $2,649,600 | $— | $89,884 | Verified |
| 2023 | $2,053,892 | — | — | −$729,092 | $1,324,800 | $— | $50,137 | Verified |
| 2022 | $2,053,892 | — | — | −$949,892 | $1,104,000 | $— | $40,563 | Verified |
| 2021 | $2,060,700 | — | — | −$956,700 | $1,104,000 | $— | $44,707 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | +63.7% | +63.7% | ~100% | 1.9800% | Verified |
| 2023 | +34.9% | +34.9% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +98.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.7% | +15.4% | +19.7% | +46.9% | 2025 | -4.7% | 2026 |
| Assessment Ratio | 100.0% | 77.9% | — | 100.0% | 2025 | 53.6% | 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 |
$83,325 | $61,723 | ~$106,238 | $89,884 | 2024 | $40,563 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,827,309 | ~$4,478,780 | ~2.0139% | ~$90,200 | +18.6% |
| 2027 | ~$5,723,256 | ~$4,926,658 | ~1.9814% | ~$97,616 | +40.6% |
| 2028 | ~$6,785,490 | ~$5,419,324 | ~1.9488% | ~$105,614 | +66.7% |
| 2029 | ~$8,044,875 | ~$5,961,256 | ~1.9163% | ~$114,235 | +97.6% |
| 2030 | ~$9,538,001 | ~$6,557,382 | ~1.8837% | ~$123,524 | +134.3% |
| 2026 | ~$4,745,877 | ~$4,478,780 | ~2.0465% | ~$91,658 | +16.6% |
| 2027 | ~$5,531,792 | ~$4,926,658 | ~2.0465% | ~$100,823 | +35.9% |
| 2028 | ~$6,447,855 | ~$5,419,324 | ~2.0465% | ~$110,906 | +58.4% |
| 2029 | ~$7,515,617 | ~$5,961,256 | ~2.0465% | ~$121,996 | +84.6% |
| 2030 | ~$8,760,201 | ~$6,557,382 | ~2.0465% | ~$134,196 | +115.2% |
| 2026 | ~$4,908,741 | ~$4,478,780 | ~1.9977% | ~$89,471 | +20.6% |
| 2027 | ~$5,917,977 | ~$4,926,658 | ~1.9488% | ~$96,013 | +45.3% |
| 2028 | ~$7,134,711 | ~$5,419,324 | ~1.9000% | ~$102,968 | +75.2% |
| 2029 | ~$8,601,605 | ~$5,961,256 | ~1.8512% | ~$110,354 | +111.3% |
| 2030 | ~$10,370,092 | ~$6,557,382 | ~1.8024% | ~$118,188 | +154.7% |
In 2025, this property's market value of $4,071,618 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +187% 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 | $4,071,618 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,771,172 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,053,892 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,053,892 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,060,700 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.