11305 ALTERRA PARKWAY TX 78758
| Owner | DOMAIN 5 PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0254080501 |
| Short ID | 858857 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 76,044 SF |
| Land SF | 203,164 SF |
| Acres | 4.664 |
| Year Built | 2016 |
| Legal | LOT J RREEF DOMAIN LOT J SUBD |
| Neighborhood | 51NWE |
| Land | $11,427,966 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,427,966 |
| Improvement | $12,771,693 |
|---|---|
| Total Improvement | $12,771,693 |
| Market | $24,199,659 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,199,659 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,199,659 |
| Taxable Value | $24,199,659 |
|---|
Appreciation: Market value has fallen -22.2% from $31,103,000 (2021) to $24,199,659 (2025), a CAGR of -6.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $495,242. 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 47% of market value ($11,427,966 land vs $12,771,693 improvements), about $56/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $24,199,659, 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 -6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,683,489 by 2030, with an estimated annual tax burden around $333,111. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 25,968 SF | ✓ |
| 3RD | 3rd Floor | 25,968 SF | ✓ |
| 1ST | 1st Floor | 24,108 SF | ✓ |
| 501 | CANOPY | 1,860 SF | ✗ |
| 611 | TERRACE | 1,860 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% | $223,895.25 | $223,895.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $126,810.33 | $126,810.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $90,953.21 | $90,953.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,561.16 | $28,561.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,022.45 | $25,022.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $495,242.40 | $495,242.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,138,640 | $24,199,659 | +3.9% |
| Assessed Value | $25,138,640 | $24,199,659 | +3.9% |
| Land Value | $11,427,966 | $11,427,966 | +0.0% |
| Improvement Value | $13,710,674 | $12,771,693 | +7.4% |
| Taxable Value | $25,138,640 | $24,199,659 | +3.9% |
| Total Tax 2026 = estimate |
~$514,458
Estimated
|
~$495,242
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,096,387 | $25,138,640 | -1,957,747 (-7.2%) |
| Taxable Value | $27,096,387 | $25,138,640 | -1,957,747 (-7.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $25,138,640 | $11,427,966 | $13,710,674 | — | $25,138,640 | $25,138,640 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,199,659 | $11,427,966 | $12,771,693 | — | $24,199,659 | $24,199,659 | ~$495,242 | Partial |
| 2024 | $29,000,000 | — | — | −$17,572,034 | $11,427,966 | $— | $523,532 | Verified |
| 2023 | $34,949,700 | — | — | −$23,521,734 | $11,427,966 | $— | $527,507 | Verified |
| 2022 | $30,834,400 | — | — | −$23,406,222 | $7,428,178 | $— | $690,230 | Verified |
| 2021 | $31,103,000 | — | — | −$24,246,221 | $6,856,779 | $— | $671,166 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.0% | +12.0% | ~100% | Not available | Partial |
| 2025 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2024 | -17.1% | -17.1% | ~100% | 1.9800% | Verified |
| 2023 | -8.8% | -8.8% | ~100% | 1.6600% | Verified |
| 2022 | +13.3% | +13.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.9% | -3.5% | -6.8% | +13.3% | 2023 | -17.0% | 2024 |
| Assessment Ratio | 100.0% | 53.0% | — | 100.0% | 2025 | 22.0% | 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 |
$495,242 | $581,535 | ~$393,057 | $690,230 | 2022 | $495,242 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,727,988 | ~$22,727,988 | ~2.0139% | ~$457,727 | -6.1% |
| 2027 | ~$21,345,814 | ~$21,345,814 | ~1.9814% | ~$422,943 | -11.8% |
| 2028 | ~$20,047,696 | ~$20,047,696 | ~1.9488% | ~$390,697 | -17.2% |
| 2029 | ~$18,828,521 | ~$18,828,521 | ~1.9163% | ~$360,809 | -22.2% |
| 2030 | ~$17,683,489 | ~$17,683,489 | ~1.8837% | ~$333,111 | -26.9% |
| 2026 | ~$22,989,676 | ~$22,989,676 | ~2.0465% | ~$470,480 | -5.0% |
| 2027 | ~$21,840,192 | ~$21,840,192 | ~2.0465% | ~$446,956 | -9.8% |
| 2028 | ~$20,748,183 | ~$20,748,183 | ~2.0465% | ~$424,608 | -14.3% |
| 2029 | ~$19,710,774 | ~$19,710,774 | ~2.0465% | ~$403,378 | -18.5% |
| 2030 | ~$18,725,235 | ~$18,725,235 | ~2.0465% | ~$383,209 | -22.6% |
| 2026 | ~$23,211,981 | ~$23,211,981 | ~1.9977% | ~$463,697 | -4.1% |
| 2027 | ~$22,264,614 | ~$22,264,614 | ~1.9488% | ~$433,902 | -8.0% |
| 2028 | ~$21,355,912 | ~$21,355,912 | ~1.9000% | ~$405,766 | -11.8% |
| 2029 | ~$20,484,298 | ~$20,484,298 | ~1.8512% | ~$379,204 | -15.4% |
| 2030 | ~$19,648,258 | ~$19,648,258 | ~1.8024% | ~$354,135 | -18.8% |
In 2025, this property's market value of $24,199,659 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $24,199,659 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $29,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $34,949,700 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $30,834,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $31,103,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.