93 RED RIVER ST O TX 78702
| Owner | QUINCY AUSTIN O AND R OWNER LTD |
|---|---|
| Parcel ID | 0203032204 |
| Short ID | 922712 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 77,781 SF |
| Land SF | 3,546 SF |
| Acres | 0.081 |
| Year Built | 2020 |
| Legal | UNT MASTER O 93 RED RIVER MASTER CONDOMINIUMS PLUS 11.0 % INT IN COM AREA |
| Neighborhood | 50CBD |
| Land | $2,419,995 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,419,995 |
| Improvement | $35,389,119 |
|---|---|
| Total Improvement | $35,389,119 |
| Market | $37,809,114 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $37,809,114 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $37,809,114 |
| Taxable Value | $37,809,114 |
|---|
Appreciation: Market value has risen +298.9% from $9,479,297 (2021) to $37,809,114 (2025), a CAGR of 41.3% 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. 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 $773,758. 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 6% of market value ($2,419,995 land vs $35,389,119 improvements), about $682/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $37,809,114, 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 +34.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $181,877,333 by 2031, with an estimated annual tax burden around $1,259,686. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 25,927 SF | ✓ |
| 2ND | 2nd Floor | 25,927 SF | ✓ |
| 3RD | 3rd Floor | 25,927 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% | $349,809.92 | $349,809.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $198,126.18 | $198,126.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $142,103.66 | $142,103.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $44,623.45 | $44,623.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $39,094.62 | $39,094.62 | Paid |
| P2U | — | — | — | — | — | — | $34,510.93 | $34,510.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $808,268.76 | $808,268.76 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $349,809.92 | 43.3% |
| CAT City of Austin | 0.5240% | $198,126.18 | 24.5% |
| TCO Travis County | 0.3758% | $142,103.66 | 17.6% |
| THD Travis Central Health | 0.1180% | $44,623.45 | 5.5% |
| ACT Austin Community College | 0.1034% | $39,094.62 | 4.8% |
| P2U | — | $34,510.93 | 4.3% |
| Total | 2.0465% 5 of 6 | $808,268.76 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,521,913 | $37,809,114 | +9.8% |
| Assessed Value | $41,521,913 | $37,809,114 | +9.8% |
| Land Value | $3,102,558 | $2,419,995 | +28.2% |
| Improvement Value | $38,419,355 | $35,389,119 | +8.6% |
| Taxable Value | $41,521,913 | $37,809,114 | +9.8% |
| Total Tax 2026 = estimate |
~$849,740
Estimated
|
~$808,269
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $41,521,913 | $3,102,558 | $38,419,355 | — | $41,521,913 | $41,521,913 | Not yet — post-cert | Preliminary |
| 2025 | $37,809,114 | $2,419,995 | $35,389,119 | — | $37,809,114 | $37,809,114 | ~$808,269 | Partial |
| 2024 | $40,419,343 | $2,419,995 | $37,999,348 | — | $40,419,343 | $40,419,343 | $837,962 | Verified |
| 2023 | $43,154,000 | $2,419,995 | $40,734,005 | — | $43,154,000 | $43,154,000 | $820,217 | Verified |
| 2022 | $45,308,550 | $1,701,974 | $43,606,576 | — | $45,308,550 | $45,308,550 | $880,162 | Verified |
| 2021 | $9,479,297 | $1,701,974 | $7,777,323 | — | $9,479,297 | $9,479,297 | $206,334 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.8% | +9.8% | ~100% | Not available | Partial |
| 2025 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2024 | -6.3% | -6.3% | ~100% | No billing data | Verified |
| 2023 | -4.8% | -4.8% | ~100% | No billing data | Verified |
| 2022 | +378.0% ! | +378.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +298.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.8% | +74.0% | +34.4% | +378.0% | 2022 | -6.5% | 2025 |
| 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 |
$808,269 | $710,589 | ~$1,083,401 | $880,162 | 2022 | $206,334 | 2021 |
Market value changed by 378% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$55,792,728 | ~$45,674,104 | ~2.0139% | ~$919,847 | +34.4% |
| 2028 | ~$74,968,331 | ~$50,241,515 | ~1.9814% | ~$995,479 | +80.6% |
| 2029 | ~$100,734,466 | ~$55,265,666 | ~1.9488% | ~$1,077,039 | +142.6% |
| 2030 | ~$135,356,256 | ~$60,792,233 | ~1.9163% | ~$1,164,956 | +226.0% |
| 2031 | ~$181,877,333 | ~$66,871,456 | ~1.8837% | ~$1,259,686 | +338.0% |
| 2027 | ~$54,962,290 | ~$45,674,104 | ~2.0465% | ~$934,714 | +32.4% |
| 2028 | ~$72,753,231 | ~$50,241,515 | ~2.0465% | ~$1,028,185 | +75.2% |
| 2029 | ~$96,302,985 | ~$55,265,666 | ~2.0465% | ~$1,131,004 | +131.9% |
| 2030 | ~$127,475,644 | ~$60,792,233 | ~2.0465% | ~$1,244,104 | +207.0% |
| 2031 | ~$168,738,693 | ~$66,871,456 | ~2.0465% | ~$1,368,514 | +306.4% |
| 2027 | ~$56,623,167 | ~$45,674,104 | ~1.9977% | ~$912,414 | +36.4% |
| 2028 | ~$77,216,649 | ~$50,241,515 | ~1.9488% | ~$979,126 | +86.0% |
| 2029 | ~$105,299,849 | ~$55,265,666 | ~1.9000% | ~$1,050,057 | +153.6% |
| 2030 | ~$143,596,729 | ~$60,792,233 | ~1.8512% | ~$1,125,382 | +245.8% |
| 2031 | ~$195,821,939 | ~$66,871,456 | ~1.8024% | ~$1,205,272 | +371.6% |
In 2025, this property's market value of $37,809,114 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 27× 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 | $37,809,114 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $40,419,343 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $43,154,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $45,308,550 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $9,479,297 | $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 | — |