11886 RIMROCK TRL 2 TX 78737
| Owner | BROWN JACK FAMILY III LP |
|---|---|
| Parcel ID | 0416700403 |
| Short ID | 800029 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 12,000 SF |
| Land SF | 197,124 SF |
| Acres | 4.525 |
| Year Built | 2014 |
| Legal | UNT 2 SOUTHWEST HILLS CONDOMINIUM PLUS 24.13 % INT IN COM AREA |
| Neighborhood | 43SWE |
| Land | $1,921,959 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,921,959 |
| Improvement | $2,328,041 |
|---|---|
| Total Improvement | $2,328,041 |
| Market | $4,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,250,000 |
| Taxable Value | $4,250,000 |
|---|
Appreciation: Market value has risen +2.2% from $4,160,000 (2021) to $4,250,000 (2025), a CAGR of 0.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 1.5815% in 2025 (+0.0243% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $67,212. Austin ISD is the largest single contributor, at 58.5% 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 45% of market value ($1,921,959 land vs $2,328,041 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,250,000, 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 +0.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,365,243 by 2030, with an estimated annual tax burden around $62,530. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 12,000 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% | $39,321.00 | $39,321.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,973.41 | $15,973.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,015.98 | $5,015.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,394.50 | $4,394.50 | Paid |
| E03 Travis County ESD # 03 | 0.0650% | 0.0450% | 0.0400% | 0.0530% | 0.0590% | +0.0060% | $2,507.50 | $2,507.50 | Paid |
| Combined Rate | 1.7007% | 1.5572% | 1.4034% | 1.5572% | 1.5815% | +0.0243% | $67,212.39 | $67,212.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,206,000 | $4,250,000 | -1.0% |
| Assessed Value | $4,206,000 | $4,250,000 | -1.0% |
| Land Value | $1,921,959 | $1,921,959 | +0.0% |
| Improvement Value | $2,284,041 | $2,328,041 | -1.9% |
| Taxable Value | $4,206,000 | $4,250,000 | -1.0% |
| Total Tax 2026 = estimate |
~$66,517
Estimated
|
~$67,212
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,943,490 | $4,206,000 | -737,490 (-14.9%) |
| Taxable Value | $4,943,490 | $4,206,000 | -737,490 (-14.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,206,000 | $1,921,959 | $2,284,041 | — | $4,206,000 | $4,206,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,250,000 | $1,921,959 | $2,328,041 | — | $4,250,000 | $4,250,000 | ~$67,212 | Partial |
| 2024 | $4,200,000 | — | — | −$2,278,041 | $1,921,959 | $— | $68,517 | Verified |
| 2023 | $4,168,314 | — | — | −$2,246,355 | $1,921,959 | $— | $58,945 | Verified |
| 2022 | $3,898,474 | — | — | −$3,109,978 | $788,496 | $— | $64,910 | Verified |
| 2021 | $4,160,000 | — | — | −$3,371,504 | $788,496 | $— | $66,301 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.3% | +16.3% | ~100% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | -3.0% | -3.0% | ~100% | 1.5600% | Verified |
| 2023 | +8.9% | +8.9% | ~100% | 1.3000% | Verified |
| 2022 | +6.9% | +6.9% | ~100% | 1.5600% | Verified |
| 2021 | base year | — | ~100% | 1.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.0% | +0.3% | +0.7% | +6.9% | 2023 | -6.3% | 2022 |
| Assessment Ratio | 100.0% | 55.2% | — | 100.0% | 2025 | 19.0% | 2021 |
| Effective Tax Rate (2025) | 1.5800% | 1.5800% | — | 1.5800% | 2025 | 1.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$67,212 | $65,177 | ~$64,427 | $68,517 | 2024 | $58,945 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,272,803 | ~$4,272,803 | ~1.5517% | ~$66,300 | +0.5% |
| 2027 | ~$4,295,728 | ~$4,295,728 | ~1.5219% | ~$65,375 | +1.1% |
| 2028 | ~$4,318,776 | ~$4,318,776 | ~1.4921% | ~$64,439 | +1.6% |
| 2029 | ~$4,341,947 | ~$4,341,947 | ~1.4623% | ~$63,490 | +2.2% |
| 2030 | ~$4,365,243 | ~$4,365,243 | ~1.4325% | ~$62,530 | +2.7% |
| 2026 | ~$4,187,803 | ~$4,187,803 | ~1.5815% | ~$66,229 | -1.5% |
| 2027 | ~$4,126,515 | ~$4,126,515 | ~1.5815% | ~$65,260 | -2.9% |
| 2028 | ~$4,066,125 | ~$4,066,125 | ~1.5815% | ~$64,304 | -4.3% |
| 2029 | ~$4,006,619 | ~$4,006,619 | ~1.5815% | ~$63,363 | -5.7% |
| 2030 | ~$3,947,983 | ~$3,947,983 | ~1.5815% | ~$62,436 | -7.1% |
| 2026 | ~$4,357,803 | ~$4,357,803 | ~1.5368% | ~$66,969 | +2.5% |
| 2027 | ~$4,468,340 | ~$4,468,340 | ~1.4921% | ~$66,670 | +5.1% |
| 2028 | ~$4,581,681 | ~$4,581,681 | ~1.4474% | ~$66,313 | +7.8% |
| 2029 | ~$4,697,896 | ~$4,697,896 | ~1.4027% | ~$65,895 | +10.5% |
| 2030 | ~$4,817,060 | ~$4,817,060 | ~1.3579% | ~$65,413 | +13.3% |
In 2025, this property's market value of $4,250,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +200% 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 | $4,250,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,168,314 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,898,474 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,160,000 | $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.