202 NUECES ST 1601 TX 78701
| Owner | MART JUSTIN R |
|---|---|
| Parcel ID | 0105001624 |
| Short ID | 916488 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 2,068 SF |
| Land SF | 117 SF |
| Acres | 0.003 |
| Year Built | 2018 |
| Legal | UNT 1601 BLOCK 188 CONDOMINIUMS PLUS .5483 % INT IN COM AREA |
| Neighborhood | Z1AP99C |
| Land | $67,458 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $67,458 |
| Improvement | $3,134,596 |
|---|---|
| Total Improvement | $3,134,596 |
| Market | $3,202,054 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,202,054 |
| Value Limitation Adjustment (−) (homestead cap) | −$207,503 |
| Net Appraised (assessed) | $2,994,551 |
| Taxable Value | $2,994,551 |
|---|
Appreciation: Market value has risen +45.1% from $2,206,375 (2021) to $3,202,054 (2025), a CAGR of 9.8% 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.
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 $61,283. Austin ISD is the largest single contributor, at 43.6% of the total 2025 levy.
Assessment Gap: Assessed value ($2,994,551) is $207,503 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O. 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 ($67,458 land vs $3,134,596 improvements), about $577/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +3.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,123,053 by 2031, with an estimated annual tax burden around $58,830. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,068 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 252 | BEDROOMS | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 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% | $24,286.50 | $24,286.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,755.45 | $13,755.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,865.93 | $9,865.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,098.10 | $3,098.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,714.25 | $2,714.25 | Paid |
| P2U | — | — | — | — | — | — | $1,965.63 | $1,965.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,685.86 | $55,685.86 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $24,286.50 | 43.6% |
| CAT City of Austin | 0.5240% | $13,755.45 | 24.7% |
| TCO Travis County | 0.3758% | $9,865.93 | 17.7% |
| THD Travis Central Health | 0.1180% | $3,098.10 | 5.6% |
| ACT Austin Community College | 0.1034% | $2,714.25 | 4.9% |
| P2U | — | $1,965.63 | 3.5% |
| Total | 2.0465% 5 of 6 | $55,685.86 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,625,000 | $3,202,054 | -18.0% |
| Assessed Value | $2,625,000 | $2,994,551 | -12.3% |
| Land Value | $163,534 | $67,458 | +142.4% |
| Improvement Value | $2,461,466 | $3,134,596 | -21.5% |
| Taxable Value | $2,625,000 | $2,994,551 | -12.3% |
| Total Tax 2026 = estimate |
~$53,720
Estimated
|
~$55,686
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,625,000 | $163,534 | $2,461,466 | — | $2,625,000 | $2,625,000 | Not yet — post-cert | Preliminary |
| 2025 | $3,202,054 | $67,458 | $3,134,596 | −$207,503 | $2,994,551 | $2,994,551 | ~$55,686 | Partial |
| 2024 | $2,495,459 | $67,458 | $2,428,001 | — | $2,495,459 | $2,495,459 | $51,301 | Verified |
| 2023 | $2,385,000 | $67,458 | $2,317,542 | — | $2,385,000 | $2,385,000 | $44,894 | Verified |
| 2022 | $2,643,250 | $67,458 | $2,575,792 | — | $2,643,250 | $2,643,250 | $54,345 | Verified |
| 2021 | $2,206,375 | $37,102 | $2,169,273 | — | $2,206,375 | $2,206,375 | $49,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.0% | -12.3% | ~100% | Not available | Partial |
| 2025 | +28.3% | +20.0% | 93.5% | Not available | Partial |
| 2024 | +4.6% | +4.6% | ~100% | No billing data | Verified |
| 2023 | -9.8% | -9.8% | ~100% | No billing data | Verified |
| 2022 | +19.8% | +19.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.0% | +5.0% | +3.5% | +28.3% | 2025 | -18.0% | 2026 |
| Assessment Ratio | 100.0% | 98.9% | — | 100.0% | 2021 | 93.5% | 2025 |
| Effective Tax Rate (2025) | 1.7400% | 1.7400% | — | 1.7400% | 2025 | 1.7400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$55,686 | $51,192 | ~$56,780 | $55,686 | 2025 | $44,894 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,717,811 | ~$2,717,811 | ~2.0139% | ~$54,735 | +3.5% |
| 2028 | ~$2,813,904 | ~$2,813,904 | ~1.9814% | ~$55,754 | +7.2% |
| 2029 | ~$2,913,394 | ~$2,913,394 | ~1.9488% | ~$56,777 | +11.0% |
| 2030 | ~$3,016,402 | ~$3,016,402 | ~1.9163% | ~$57,803 | +14.9% |
| 2031 | ~$3,123,053 | ~$3,123,053 | ~1.8837% | ~$58,830 | +19.0% |
| 2027 | ~$2,665,311 | ~$2,665,311 | ~2.0465% | ~$54,545 | +1.5% |
| 2028 | ~$2,706,242 | ~$2,706,242 | ~2.0465% | ~$55,383 | +3.1% |
| 2029 | ~$2,747,801 | ~$2,747,801 | ~2.0465% | ~$56,233 | +4.7% |
| 2030 | ~$2,789,998 | ~$2,789,998 | ~2.0465% | ~$57,097 | +6.3% |
| 2031 | ~$2,832,843 | ~$2,832,843 | ~2.0465% | ~$57,974 | +7.9% |
| 2027 | ~$2,770,311 | ~$2,770,311 | ~1.9977% | ~$55,341 | +5.5% |
| 2028 | ~$2,923,667 | ~$2,923,667 | ~1.9488% | ~$56,978 | +11.4% |
| 2029 | ~$3,085,511 | ~$3,085,511 | ~1.9000% | ~$58,625 | +17.5% |
| 2030 | ~$3,256,315 | ~$3,256,315 | ~1.8512% | ~$60,281 | +24.1% |
| 2031 | ~$3,436,574 | ~$3,436,574 | ~1.8024% | ~$61,940 | +30.9% |
| 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 | — |