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70 RAINEY ST 2606 TX 78701

Travis County, TX · O Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$2,086,981
2025 Verified
Taxable Value
$2,086,981
2025 Verified
Total Tax
~$42,710
2025 Partial
Effective Tax Rate (2025)
2.0500%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$2,223,739
+6.6% 2025 → 2026 Preliminary
Taxable Value
$2,223,739
2026 Preliminary
Est. 2026 Total Tax
~$45,508
2026 Estimated
Est. 2026 Effective Tax Rate
2.0465%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar ◷ Today: July 23, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest Deadline
May 15
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
This parcel's 2026 values are still Preliminary as of today.
Property Info
Owner CHANG RICHARD &
Parcel ID 0203032030
Short ID 890580
Type Real
Use Code 22 Hi-Rise Condo / Apartment
Valuation Income
Improvement SF 2,179 SF
Land SF 208 SF
Acres 0.005
Year Built 2018
Legal UNT 2606 70 RAINEY RESIDENCES CONDOMINIUMS PLUS .9284 % INT IN COM AREA
Neighborhood Z17099C
Current Values 2025 Certified
Land$156,203
Special Use Land MarketNot Available
Total Land $156,203
Improvement$1,930,778
Total Improvement $1,930,778
Market$2,086,981
Special Use Exclusion (−)Not Available
Appraised$2,086,981
Value Limitation Adjustment (−)
Net Appraised (assessed) $2,086,981
Taxable Value $2,086,981
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +45.9% from $1,430,753 (2021) to $2,086,981 (2025), a CAGR of 9.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $42,710. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.

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.


Investment Snapshot — 2025 certified basis
Building (Main)
2,179 SF
living area
Gross Building
2,185 SF
enclosed area
Land
208 SF
0.005 ac
Value / Bldg SF
$958
all-in (incl. land)
Land $/SF
$751
land value only
Land Value Share
7%
Year Built
2018
~8 yrs old
Eff. Tax Rate
2.050%
total tax ÷ market value
Est. Annual Tax
$42,710
2025 taxable × rate

Value Composition: Land carries 7% of market value ($156,203 land vs $1,930,778 improvements), about $751/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 +9.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,456,233 by 2031, with an estimated annual tax burden around $65,107. 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.

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Improvement Detail
Improvement Value
$1,930,778
Main Area
2,179 SF
Gross Building Area
2,185 SF
Year Built
2018
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
4 components · show ▾hide ▴
Code Description SF In Gross
1ST 1st Floor 2,179 SF
612 TERRACE UNCOVERD 140 SF
251 BATHROOM 3 SF
252 BEDROOMS 3 SF
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 2,179 SF main area · 2,185 SF gross · 0.005 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $19,308.75 $19,308.75 Paid
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $10,936.14 $10,936.14 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $7,843.81 $7,843.81 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $2,463.12 $2,463.12 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $2,157.94 $2,157.94 Paid
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $42,709.76 $42,709.76 Paid
2025 Tax Burden — Entity Split
IAU
45.2% $19,309
CAT
25.6% $10,936
TCO
18.4% $7,844
THD
5.8% $2,463
ACT
5.1% $2,158
Total: $42,710
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $19,308.75 45.2%
CAT City of Austin 0.5240% $10,936.14 25.6%
TCO Travis County 0.3758% $7,843.81 18.4%
THD Travis Central Health 0.1180% $2,463.12 5.8%
ACT Austin Community College 0.1034% $2,157.94 5.1%
Total 2.0465% $42,709.76 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $2,223,739 $2,086,981 +6.6%
Assessed Value $2,223,739 $2,086,981 +6.6%
Land Value $182,236 $156,203 +16.7%
Improvement Value $2,041,503 $1,930,778 +5.7%
Taxable Value $2,223,739 $2,086,981 +6.6%
Total Tax 2026 = estimate
~$45,508
Estimated
~$42,710
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $2,223,739 $182,236 $2,041,503 $2,223,739 $2,223,739 Not yet — post-cert Preliminary
2025 $2,086,981 $156,203 $1,930,778 $2,086,981 $2,086,981 ~$42,710 Partial
2024 $2,265,501 $156,203 $2,109,298 $2,265,501 $2,265,501 $44,898 Verified
2023 $2,709,870 $156,203 $2,553,667 $2,709,870 $2,709,870 $49,028 Verified
2022 $2,763,610 $156,203 $2,607,407 $2,763,610 $2,763,610 $54,579 Verified
2021 $1,430,753 $78,102 $1,352,651 $1,430,753 $1,430,753 $31,143 Verified
Value Trend
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +6.6% +6.6% ~100% Not available Partial
2025 -7.9% -7.9% ~100% Not available Partial
2024 -16.4% -16.4% ~100% No billing data Verified
2023 -1.9% -1.9% ~100% No billing data Verified
2022 +93.2% ! +93.2% ~100% No billing data Verified
2021 base year ~100% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +45.9%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 93% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$2,428,777 ~$2,428,777 ~2.0139% ~$48,914 +9.2%
2028 ~$2,652,720 ~$2,652,720 ~1.9814% ~$52,561 +19.3%
2029 ~$2,897,312 ~$2,897,312 ~1.9488% ~$56,464 +30.3%
2030 ~$3,164,457 ~$3,164,457 ~1.9163% ~$60,640 +42.3%
2031 ~$3,456,233 ~$3,456,233 ~1.8837% ~$65,107 +55.4%
Documents & Sources
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