11302 JUNE DR TX 78753
| Owner | RICHARDS REAL PROPERTY LEASING LLC |
|---|---|
| Parcel ID | 0245260401 |
| Short ID | 252485 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,427 SF |
| Land SF | 9,295 SF |
| Acres | 0.213 |
| Year Built | 1984 |
| Legal | LOT 24A BLK B FOUR SEASONS FALL SEC THE AMENDED |
| Neighborhood | 59NEA |
| Land | $46,475 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $46,475 |
| Improvement | $180,966 |
|---|---|
| Total Improvement | $180,966 |
| Market | $227,441 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $227,441 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $227,441 |
| Taxable Value | $227,441 |
|---|
Appreciation: Market value has fallen -23.4% from $296,857 (2021) to $227,441 (2025), a CAGR of -6.4% 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 $4,655. 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 20% of market value ($46,475 land vs $180,966 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $227,441, 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 -6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $163,031 by 2030, with an estimated annual tax burden around $3,071. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,427 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,427 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 120 SF | ✗ |
Market value changed by 159% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $2,104.28 | $2,104.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,191.83 | $1,191.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $854.83 | $854.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $268.43 | $268.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $235.17 | $235.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,654.54 | $4,654.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $227,441 | $227,441 | +0.0% |
| Assessed Value | $227,441 | $227,441 | +0.0% |
| Land Value | $46,475 | $46,475 | +0.0% |
| Improvement Value | $180,966 | $180,966 | +0.0% |
| Taxable Value | $227,441 | $227,441 | +0.0% |
| Total Tax 2026 = estimate |
~$4,655
Estimated
|
~$4,655
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $588,978 | $227,441 | -361,537 (-61.4%) |
| Taxable Value | $272,929 | $227,441 | -45,488 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $227,441 | $46,475 | $180,966 | — | $227,441 | $227,441 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $227,441 | $46,475 | $180,966 | — | $227,441 | $227,441 | ~$4,655 | Partial |
| 2024 | $309,771 | — | — | −$263,296 | $46,475 | $— | $5,194 | Verified |
| 2023 | $315,900 | — | — | −$269,425 | $46,475 | $— | $5,605 | Verified |
| 2022 | $297,360 | — | — | −$250,885 | $46,475 | $— | $6,239 | Verified |
| 2021 | $296,857 | — | — | −$250,382 | $46,475 | $— | $6,473 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +159.0% ! | +20.0% | 46.3% | Not available | Partial |
| 2025 | -13.2% | -13.2% | ~100% | Not available | Partial |
| 2024 | -15.4% | -15.4% | ~100% | 1.9800% | Verified |
| 2023 | -9.6% | -9.6% | ~100% | 1.8100% | Verified |
| 2022 | +15.2% | +15.2% | ~100% | 1.8200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -23.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -4.4% | -6.4% | +6.2% | 2023 | -26.6% | 2025 |
| Assessment Ratio | 100.0% | 43.5% | — | 100.0% | 2025 | 14.7% | 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 |
$4,655 | $5,633 | ~$3,654 | $6,473 | 2021 | $4,655 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$212,789 | ~$212,789 | ~2.0139% | ~$4,285 | -6.4% |
| 2027 | ~$199,081 | ~$199,081 | ~1.9814% | ~$3,945 | -12.5% |
| 2028 | ~$186,256 | ~$186,256 | ~1.9488% | ~$3,630 | -18.1% |
| 2029 | ~$174,257 | ~$174,257 | ~1.9163% | ~$3,339 | -23.4% |
| 2030 | ~$163,031 | ~$163,031 | ~1.8837% | ~$3,071 | -28.3% |
| 2026 | ~$216,069 | ~$216,069 | ~2.0465% | ~$4,422 | -5.0% |
| 2027 | ~$205,266 | ~$205,266 | ~2.0465% | ~$4,201 | -9.7% |
| 2028 | ~$195,002 | ~$195,002 | ~2.0465% | ~$3,991 | -14.3% |
| 2029 | ~$185,252 | ~$185,252 | ~2.0465% | ~$3,791 | -18.5% |
| 2030 | ~$175,990 | ~$175,990 | ~2.0465% | ~$3,602 | -22.6% |
| 2026 | ~$217,338 | ~$217,338 | ~1.9977% | ~$4,342 | -4.4% |
| 2027 | ~$207,683 | ~$207,683 | ~1.9488% | ~$4,047 | -8.7% |
| 2028 | ~$198,458 | ~$198,458 | ~1.9000% | ~$3,771 | -12.7% |
| 2029 | ~$189,642 | ~$189,642 | ~1.8512% | ~$3,511 | -16.6% |
| 2030 | ~$181,218 | ~$181,218 | ~1.8024% | ~$3,266 | -20.3% |
In 2025, this property's market value of $227,441 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -84% 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 | $227,441 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $309,771 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $315,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $297,360 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $296,857 | $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.