9811 S INTERSTATE HY 35 2 TX 78744
| Owner | TPS REAL ESTATE LLC |
|---|---|
| Parcel ID | 0434091505 |
| Short ID | 810862 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 3,000 SF |
| Land SF | 11,572 SF |
| Acres | 0.266 |
| Year Built | 2012 |
| Legal | UNT 2 OAK TERRACE OFFICE CONDOMINIUMS PLUS 11.5 % INT IN COM AREA |
| Neighborhood | 23SE01 |
| Land | $173,576 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $173,576 |
| Improvement | $2,103,455 |
|---|---|
| Total Improvement | $2,103,455 |
| Market | $2,277,031 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,277,031 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,019,971 |
| Net Appraised (assessed) | $1,257,060 |
| Taxable Value | $1,257,060 |
|---|
Appreciation: Market value has risen +222.2% from $706,779 (2021) to $2,277,031 (2025), a CAGR of 34.0% 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 $25,726. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,257,060) is $1,019,971 below market value, suggesting potential for an upward assessment in future years.
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 8% of market value ($173,576 land vs $2,103,455 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,277,031, 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 +34.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,828,236 by 2030, with an estimated annual tax burden around $38,137. 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 | 3,000 SF | ✓ |
Market value changed by 87% in 2024, 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% | $11,630.32 | $11,630.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,587.21 | $6,587.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,724.60 | $4,724.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,483.62 | $1,483.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,299.80 | $1,299.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,725.55 | $25,725.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,317,757 | $2,277,031 | -42.1% |
| Assessed Value | $1,317,757 | $1,257,060 | +4.8% |
| Land Value | $173,576 | $173,576 | +0.0% |
| Improvement Value | $1,144,181 | $2,103,455 | -45.6% |
| Taxable Value | $1,317,757 | $1,257,060 | +4.8% |
| Total Tax 2026 = estimate |
~$26,968
Estimated
|
~$25,726
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,317,757 | $1,317,757 | +0 (+0.0%) |
| Taxable Value | $1,317,757 | $1,317,757 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,317,757 | $173,576 | $1,144,181 | — | $1,317,757 | $1,317,757 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,277,031 | $173,576 | $2,103,455 | −$1,019,971 | $1,257,060 | $1,257,060 | ~$25,726 | Partial |
| 2024 | $872,958 | — | — | −$699,382 | $173,576 | $— | $20,760 | Verified |
| 2023 | $832,211 | — | — | −$658,635 | $173,576 | $— | $15,794 | Verified |
| 2022 | $744,584 | — | — | −$571,008 | $173,576 | $— | $16,436 | Verified |
| 2021 | $706,779 | — | — | −$533,203 | $173,576 | $— | $16,207 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -42.1% | +4.8% | ~100% | Not available | Partial |
| 2025 | +39.3% | +20.0% | 55.2% | Not available | Partial |
| 2024 | +87.2% ! | +20.0% | 64.1% | 1.2700% | Verified |
| 2023 | +4.9% | +4.9% | ~100% | 1.8100% | Verified |
| 2022 | +11.8% | +11.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +205.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -42.1% | +28.1% | +53.5% | +160.8% | 2025 | -42.1% | 2026 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2026 | 19.9% | 2024 |
| Effective Tax Rate (2025) | 1.1300% | 1.1300% | — | 1.1300% | 2025 | 1.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,726 | $18,985 | ~$32,800 | $25,726 | 2025 | $15,794 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,050,635 | ~$1,382,766 | ~2.0139% | ~$27,848 | +34.0% |
| 2027 | ~$4,087,065 | ~$1,521,043 | ~1.9814% | ~$30,138 | +79.5% |
| 2028 | ~$5,475,615 | ~$1,673,147 | ~1.9488% | ~$32,607 | +140.5% |
| 2029 | ~$7,335,914 | ~$1,840,462 | ~1.9163% | ~$35,269 | +222.2% |
| 2030 | ~$9,828,236 | ~$2,024,508 | ~1.8837% | ~$38,137 | +331.6% |
| 2026 | ~$3,005,095 | ~$1,382,766 | ~2.0465% | ~$28,298 | +32.0% |
| 2027 | ~$3,965,951 | ~$1,521,043 | ~2.0465% | ~$31,128 | +74.2% |
| 2028 | ~$5,234,034 | ~$1,673,147 | ~2.0465% | ~$34,241 | +129.9% |
| 2029 | ~$6,907,577 | ~$1,840,462 | ~2.0465% | ~$37,665 | +203.4% |
| 2030 | ~$9,116,222 | ~$2,024,508 | ~2.0465% | ~$41,431 | +300.4% |
| 2026 | ~$3,096,176 | ~$1,382,766 | ~1.9977% | ~$27,623 | +36.0% |
| 2027 | ~$4,210,002 | ~$1,521,043 | ~1.9488% | ~$29,643 | +84.9% |
| 2028 | ~$5,724,518 | ~$1,673,147 | ~1.9000% | ~$31,790 | +151.4% |
| 2029 | ~$7,783,870 | ~$1,840,462 | ~1.8512% | ~$34,071 | +241.8% |
| 2030 | ~$10,584,059 | ~$2,024,508 | ~1.8024% | ~$36,489 | +364.8% |
In 2025, this property's market value of $2,277,031 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +61% 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 | $2,277,031 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $872,958 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $832,211 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $744,584 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $706,779 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.