202 NUECES ST TX 78701
| Owner | MH AP AUSTIN LLC |
|---|---|
| Parcel ID | 0105001602 |
| Short ID | 916447 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 24,423 SF |
| Land SF | 9,738 SF |
| Acres | 0.224 |
| Year Built | 2019 |
| Legal | UNT HOTEL MASTER UNIT BLOCK 188 MASTER CONDOMINIUMS PLUS 45.7093 % INT IN COM AREA |
| Neighborhood | 34CBD |
| Land | $4,868,955 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,868,955 |
| Improvement | $195,131,045 |
|---|---|
| Total Improvement | $195,131,045 |
| Market | $200,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $200,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $200,000,000 |
| Taxable Value | $200,000,000 |
|---|
Appreciation: Market value has risen +129.4% from $87,180,000 (2021) to $200,000,000 (2025), a CAGR of 23.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +17.8%, 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 $4,092,970. Austin ISD is the largest single contributor, at 43.3% 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 2% of market value ($4,868,955 land vs $195,131,045 improvements), about $500/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $200,000,000, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +20.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $557,391,542 by 2031, with an estimated annual tax burden around $6,687,651. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 146,340 SF | ✓ |
| 187 | PARKING GARAGE | 116,780 SF | ✓ |
| 3RD | 3rd Floor | 24,423 SF | ✓ |
| 4TH | 4th Floor | 24,390 SF | ✓ |
| 5TH | 5th Floor | 24,390 SF | ✓ |
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.
| 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% | $1,850,400.00 | $1,850,400.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,048,034.00 | $1,048,034.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $751,690.00 | $751,690.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $236,046.00 | $236,046.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $206,800.00 | $206,800.00 | Paid |
| P2U | — | — | — | — | — | — | $184,537.50 | $184,537.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,277,507.50 | $4,277,507.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,850,400.00 | 43.3% |
| CAT City of Austin | 0.5240% | $1,048,034.00 | 24.5% |
| TCO Travis County | 0.3758% | $751,690.00 | 17.6% |
| THD Travis Central Health | 0.1180% | $236,046.00 | 5.5% |
| ACT Austin Community College | 0.1034% | $206,800.00 | 4.8% |
| P2U | — | $184,537.50 | 4.3% |
| Total | 2.0465% 5 of 6 | $4,277,507.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $220,439,095 | $200,000,000 | +10.2% |
| Assessed Value | $220,439,095 | $200,000,000 | +10.2% |
| Land Value | $13,633,074 | $4,868,955 | +180.0% |
| Improvement Value | $206,806,021 | $195,131,045 | +6.0% |
| Taxable Value | $220,439,095 | $200,000,000 | +10.2% |
| Total Tax 2026 = estimate |
~$4,511,253
Estimated
|
~$4,277,508
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $220,439,095 | $13,633,074 | $206,806,021 | — | $220,439,095 | $220,439,095 | Not yet — post-cert | Preliminary |
| 2025 | $200,000,000 | $4,868,955 | $195,131,045 | — | $200,000,000 | $200,000,000 | ~$4,277,508 | Partial |
| 2024 | $165,977,000 | $4,868,955 | $161,108,045 | — | $165,977,000 | $165,977,000 | $3,043,340 | Verified |
| 2023 | $135,000,000 | $4,868,955 | $130,131,045 | — | $135,000,000 | $135,000,000 | $2,404,613 | Verified |
| 2022 | $85,030,000 | $2,677,925 | $82,352,075 | — | $85,030,000 | $85,030,000 | $1,763,807 | Verified |
| 2021 | $87,180,000 | $2,677,925 | $84,502,075 | — | $87,180,000 | $87,180,000 | $1,550,063 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.2% | +10.2% | ~100% | Not available | Partial |
| 2025 | +20.5% | +20.5% | ~100% | Not available | Partial |
| 2024 | +22.9% | +22.9% | ~100% | No billing data | Verified |
| 2023 | +58.8% | +58.8% | ~100% | No billing data | Verified |
| 2022 | -2.5% | -2.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +129.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.2% | +22.0% | +20.4% | +58.8% | 2023 | -2.5% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,277,508 | $2,607,866 | ~$5,751,760 | $4,277,508 | 2025 | $1,550,063 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$265,376,811 | ~$242,483,005 | ~2.0139% | ~$4,883,454 | +20.4% |
| 2028 | ~$319,475,325 | ~$266,731,305 | ~1.9814% | ~$5,284,982 | +44.9% |
| 2029 | ~$384,602,119 | ~$293,404,435 | ~1.9488% | ~$5,717,982 | +74.5% |
| 2030 | ~$463,005,365 | ~$322,744,879 | ~1.9163% | ~$6,184,731 | +110.0% |
| 2031 | ~$557,391,542 | ~$355,019,367 | ~1.8837% | ~$6,687,651 | +152.9% |
| 2027 | ~$260,968,029 | ~$242,483,005 | ~2.0465% | ~$4,962,378 | +18.4% |
| 2028 | ~$308,948,429 | ~$266,731,305 | ~2.0465% | ~$5,458,616 | +40.2% |
| 2029 | ~$365,750,288 | ~$293,404,435 | ~2.0465% | ~$6,004,478 | +65.9% |
| 2030 | ~$432,995,479 | ~$322,744,879 | ~2.0465% | ~$6,604,926 | +96.4% |
| 2031 | ~$512,604,067 | ~$355,019,367 | ~2.0465% | ~$7,265,418 | +132.5% |
| 2027 | ~$269,785,593 | ~$242,483,005 | ~1.9977% | ~$4,843,991 | +22.4% |
| 2028 | ~$330,178,574 | ~$266,731,305 | ~1.9488% | ~$5,198,165 | +49.8% |
| 2029 | ~$404,090,854 | ~$293,404,435 | ~1.9000% | ~$5,574,733 | +83.3% |
| 2030 | ~$494,548,802 | ~$322,744,879 | ~1.8512% | ~$5,974,634 | +124.3% |
| 2031 | ~$605,256,258 | ~$355,019,367 | ~1.8024% | ~$6,398,767 | +174.6% |
In 2025, this property's market value of $200,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 145× the county median of $1,382,921. 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 | $200,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $165,977,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $135,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $85,030,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $87,180,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |