11215 S INTERSTATE HY 35 TX 78747
| Owner | WSP DEVELOPMENT #10 LTD |
|---|---|
| Parcel ID | 0443110834 |
| Short ID | 557096 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 25,101 SF |
| Land SF | 171,738 SF |
| Acres | 3.943 |
| Year Built | 2006 |
| Legal | LOT 1 BLK A ONION CREEK SEC 100 |
| Neighborhood | 43SEA |
| Land | $2,576,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,576,070 |
| Improvement | $4,273,930 |
|---|---|
| Total Improvement | $4,273,930 |
| Market | $6,850,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,850,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,850,000 |
| Taxable Value | $6,850,000 |
|---|
Appreciation: Market value has fallen -12.7% from $7,850,000 (2021) to $6,850,000 (2025), a CAGR of -3.3% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $140,184. 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 38% of market value ($2,576,070 land vs $4,273,930 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,850,000, 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 -3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,777,191 by 2030, with an estimated annual tax burden around $108,827. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 97,000 SF | ✗ |
| 1ST | 1st Floor | 25,101 SF | ✓ |
| 491 | SPRINKLER HEADS | 25,101 SF | ✗ |
| 501 | CANOPY | 3,228 SF | ✗ |
| 611 | TERRACE | 2,966 SF | ✗ |
| 503 | CANOPY - BANK | 563 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $63,376.20 | $63,376.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,895.16 | $35,895.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,745.38 | $25,745.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,084.58 | $8,084.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,082.90 | $7,082.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $140,184.22 | $140,184.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,500,000 | $6,850,000 | +9.5% |
| Assessed Value | $7,500,000 | $6,850,000 | +9.5% |
| Land Value | $2,576,070 | $2,576,070 | +0.0% |
| Improvement Value | $4,923,930 | $4,273,930 | +15.2% |
| Taxable Value | $7,500,000 | $6,850,000 | +9.5% |
| Total Tax 2026 = estimate |
~$153,486
Estimated
|
~$140,184
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,500,000 | $7,500,000 | +0 (+0.0%) |
| Taxable Value | $7,500,000 | $7,500,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,500,000 | $2,576,070 | $4,923,930 | — | $7,500,000 | $7,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,850,000 | $2,576,070 | $4,273,930 | — | $6,850,000 | $6,850,000 | ~$140,184 | Partial |
| 2024 | $6,608,000 | — | — | −$3,937,355 | $2,670,645 | $— | $136,176 | Verified |
| 2023 | $6,800,000 | — | — | −$5,019,570 | $1,780,430 | $— | $119,555 | Verified |
| 2022 | $7,650,000 | — | — | −$5,869,570 | $1,780,430 | $— | $134,522 | Verified |
| 2021 | $7,850,000 | — | — | −$6,069,570 | $1,780,430 | $— | $166,661 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2025 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2024 | +10.0% | +10.0% | ~100% | 1.8700% | Verified |
| 2023 | -6.0% | -6.0% | ~100% | 1.8100% | Verified |
| 2022 | -9.7% | -9.7% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.5% | -0.6% | -5.0% | +9.5% | 2026 | -11.1% | 2023 |
| Assessment Ratio | 100.0% | 52.1% | — | 100.0% | 2025 | 22.7% | 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 |
$140,184 | $139,420 | ~$120,803 | $166,661 | 2021 | $119,555 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,620,576 | ~$6,620,576 | ~2.0139% | ~$133,334 | -3.3% |
| 2027 | ~$6,398,837 | ~$6,398,837 | ~1.9814% | ~$126,786 | -6.6% |
| 2028 | ~$6,184,524 | ~$6,184,524 | ~1.9488% | ~$120,526 | -9.7% |
| 2029 | ~$5,977,389 | ~$5,977,389 | ~1.9163% | ~$114,544 | -12.7% |
| 2030 | ~$5,777,191 | ~$5,777,191 | ~1.8837% | ~$108,827 | -15.7% |
| 2026 | ~$6,507,500 | ~$6,507,500 | ~2.0465% | ~$133,175 | -5.0% |
| 2027 | ~$6,182,125 | ~$6,182,125 | ~2.0465% | ~$126,516 | -9.8% |
| 2028 | ~$5,873,019 | ~$5,873,019 | ~2.0465% | ~$120,190 | -14.3% |
| 2029 | ~$5,579,368 | ~$5,579,368 | ~2.0465% | ~$114,181 | -18.5% |
| 2030 | ~$5,300,399 | ~$5,300,399 | ~2.0465% | ~$108,472 | -22.6% |
| 2026 | ~$6,757,576 | ~$6,757,576 | ~1.9977% | ~$134,994 | -1.3% |
| 2027 | ~$6,666,400 | ~$6,666,400 | ~1.9488% | ~$129,917 | -2.7% |
| 2028 | ~$6,576,453 | ~$6,576,453 | ~1.9000% | ~$124,954 | -4.0% |
| 2029 | ~$6,487,721 | ~$6,487,721 | ~1.8512% | ~$120,100 | -5.3% |
| 2030 | ~$6,400,185 | ~$6,400,185 | ~1.8024% | ~$115,355 | -6.6% |
In 2025, this property's market value of $6,850,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,850,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,608,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,800,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,650,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,850,000 | $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.