1011 E 53 1/2 ST TX 78751
| Owner | WORKQUEST |
|---|---|
| Parcel ID | 0223130601 |
| Short ID | 221975 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 11,222 SF |
| Land SF | 29,445 SF |
| Acres | 0.676 |
| Year Built | 1972 |
| Legal | .48ACRE OF LOT 6 HILL LOU H MRS SUBD & W49FT OF LOT 1 RESUB OF LOT 6 HILL LOU H MRS SUBD LOT 54 DUVAL HEIGHTS |
| Neighborhood | 52CEN |
| Land | $1,030,575 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,030,575 |
| Improvement | $613,973 |
|---|---|
| Total Improvement | $613,973 |
| Market | $1,644,548 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,644,548 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,644,548 |
| Taxable Value | $1,644,548 |
|---|
Appreciation: Market value has fallen -27.6% from $2,272,052 (2021) to $1,644,548 (2025), a CAGR of -7.8% over 4 years. Growth has been relatively flat for this asset class. 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 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 $33,655. 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 63% of market value ($1,030,575 land vs $613,973 improvements), about $35/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,644,548, 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 -7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,097,948 by 2030, with an estimated annual tax burden around $20,683. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,992 SF | ✗ |
| 2ND | 2nd Floor | 6,612 SF | ✓ |
| 1ST | 1st Floor | 4,610 SF | ✓ |
| 501 | CANOPY | 1,493 SF | ✗ |
| 541 | FENCE COMM LF | 295 SF | ✗ |
| 327 | STORAGE COMM'L | 264 SF | ✓ |
| LOBBY | Lobby | 245 SF | ✓ |
| SO | Sketch Only | 120 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 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% | $15,215.36 | $15,215.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,617.71 | $8,617.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,180.95 | $6,180.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,940.94 | $1,940.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,700.46 | $1,700.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,655.42 | $33,655.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,671,115 | $1,644,548 | +1.6% |
| Assessed Value | $1,671,115 | $1,644,548 | +1.6% |
| Land Value | $1,030,575 | $1,030,575 | +0.0% |
| Improvement Value | $640,540 | $613,973 | +4.3% |
| Taxable Value | $1,671,115 | $1,644,548 | +1.6% |
| Total Tax 2026 = estimate |
~$34,199
Estimated
|
~$33,655
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,671,115 | $1,671,115 | +0 (+0.0%) |
| Taxable Value | $1,671,115 | $1,671,115 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,671,115 | $1,030,575 | $640,540 | — | $1,671,115 | $1,671,115 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,644,548 | $1,030,575 | $613,973 | — | $1,644,548 | $1,644,548 | ~$33,655 | Partial |
| 2024 | $2,292,283 | — | — | −$1,261,708 | $1,030,575 | $— | $42,055 | Verified |
| 2023 | $2,312,326 | — | — | −$1,281,751 | $1,030,575 | $— | $41,473 | Verified |
| 2022 | $2,258,624 | — | — | −$1,228,049 | $1,030,575 | $— | $45,667 | Verified |
| 2021 | $2,272,052 | — | — | −$1,241,477 | $1,030,575 | $— | $49,163 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | -22.5% | -22.5% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | 1.9800% | Verified |
| 2023 | -0.9% | -0.9% | ~100% | 1.8100% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -27.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | -5.2% | -8.1% | +2.4% | 2023 | -28.3% | 2025 |
| Assessment Ratio | 100.0% | 63.4% | — | 100.0% | 2025 | 44.6% | 2023 |
| 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 |
$33,655 | $42,403 | ~$25,383 | $49,163 | 2021 | $33,655 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,516,888 | ~$1,516,888 | ~2.0139% | ~$30,549 | -7.8% |
| 2027 | ~$1,399,138 | ~$1,399,138 | ~1.9814% | ~$27,722 | -14.9% |
| 2028 | ~$1,290,529 | ~$1,290,529 | ~1.9488% | ~$25,150 | -21.5% |
| 2029 | ~$1,190,350 | ~$1,190,350 | ~1.9163% | ~$22,811 | -27.6% |
| 2030 | ~$1,097,948 | ~$1,097,948 | ~1.8837% | ~$20,683 | -33.2% |
| 2026 | ~$1,562,321 | ~$1,562,321 | ~2.0465% | ~$31,973 | -5.0% |
| 2027 | ~$1,484,205 | ~$1,484,205 | ~2.0465% | ~$30,374 | -9.7% |
| 2028 | ~$1,409,994 | ~$1,409,994 | ~2.0465% | ~$28,855 | -14.3% |
| 2029 | ~$1,339,495 | ~$1,339,495 | ~2.0465% | ~$27,413 | -18.5% |
| 2030 | ~$1,272,520 | ~$1,272,520 | ~2.0465% | ~$26,042 | -22.6% |
| 2026 | ~$1,549,779 | ~$1,549,779 | ~1.9977% | ~$30,959 | -5.8% |
| 2027 | ~$1,460,472 | ~$1,460,472 | ~1.9488% | ~$28,462 | -11.2% |
| 2028 | ~$1,376,311 | ~$1,376,311 | ~1.9000% | ~$26,150 | -16.3% |
| 2029 | ~$1,297,000 | ~$1,297,000 | ~1.8512% | ~$24,010 | -21.1% |
| 2030 | ~$1,222,259 | ~$1,222,259 | ~1.8024% | ~$22,030 | -25.7% |
In 2025, this property's market value of $1,644,548 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +16% 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 | $1,644,548 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,292,283 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,312,326 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,258,624 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,272,052 | $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.