1108 NUECES ST AUSTIN, TX 78701
| Owner | CAPITOL QUARTERS LIVING LLC |
|---|---|
| Parcel ID | 0208001708 |
| Short ID | 196703 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 36,578 SF |
| Land SF | 11,041 SF |
| Acres | 0.253 |
| Year Built | 2022 |
| Legal | S 80 FT OF LOT 5&6 BLOCK 131 ORIGINAL CITY |
| Neighborhood | 53CBD |
| Land | $2,208,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,208,200 |
| Improvement | $9,617,800 |
|---|---|
| Total Improvement | $9,617,800 |
| Market | $11,826,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,826,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,826,000 |
| Taxable Value | $11,826,000 |
|---|
| Total Due | $179,550.31 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +614.1% from $1,656,000 (2021) to $11,826,000 (2025), a CAGR of 63.5% over 4 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family 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 $242,017. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 19% of market value ($2,208,200 land vs $9,617,800 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,826,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +50.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $101,426,087 by 2031, with an estimated annual tax burden around $393,179. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $179,550.31 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 36,578 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +5,489 |
| Travis County | 0.3444% | 0.3758% | +3,713 |
| Austin ISD | 0.9505% | 0.9252% | -2,992 |
| Travis Central Health | 0.1080% | 0.1180% | +1,189 |
| Austin Community College | 0.1013% | 0.1034% | +248 |
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% | $109,414.15 | $38,828.66 | $70,585.49 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $61,970.25 | $21,991.87 | $39,978.38 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $44,447.43 | $15,773.42 | $28,674.01 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,957.40 | $4,953.17 | $9,004.23 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,228.08 | $4,339.48 | $7,888.60 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $242,017.31 | $85,886.60 | $156,130.71 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $109,414.15 | 45.2% |
| CAT City of Austin | 0.5240% | $61,970.25 | 25.6% |
| TCO Travis County | 0.3758% | $44,447.43 | 18.4% |
| THD Travis Central Health | 0.1180% | $13,957.40 | 5.8% |
| ACT Austin Community College | 0.1034% | $12,228.08 | 5.1% |
| Total | 2.0465% | $242,017.31 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,960,000 | $11,826,000 | +9.6% |
| Assessed Value | $12,960,000 | $11,826,000 | +9.6% |
| Land Value | $2,212,848 | $2,208,200 | +0.2% |
| Improvement Value | $10,747,152 | $9,617,800 | +11.7% |
| Taxable Value | $12,960,000 | $11,826,000 | +9.6% |
| Total Tax 2026 = estimate |
~$265,224
Estimated
|
$242,017 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $12,960,000 | $2,212,848 | $10,747,152 | — | $12,960,000 | $12,960,000 | Not yet — post-cert | Preliminary |
| 2025 | $11,826,000 | $2,208,200 | $9,617,800 | — | $11,826,000 | $11,826,000 | $242,017 | Verified |
| 2024 | $10,760,000 | $2,208,200 | $8,551,800 | — | $10,760,000 | $10,760,000 | $213,243 | Verified |
| 2023 | $14,531,420 | $1,656,000 | $12,875,420 | — | $14,531,420 | $14,531,420 | $204,904 | Verified |
| 2022 | $3,970,126 | $1,656,000 | $2,314,126 | — | $3,970,126 | $3,970,126 | $78,407 | Verified |
| 2021 | $1,656,000 | $1,656,000 | — | — | $1,656,000 | $1,656,000 | $36,046 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.6% | +9.6% | ~100% | Not available | Partial |
| 2025 | +9.9% | +9.9% | ~100% | 2.0500% | Verified |
| 2024 | -26.0% | -26.0% | ~100% | No billing data | Verified |
| 2023 | +266.0% ! | +266.0% | ~100% | No billing data | Verified |
| 2022 | +139.7% ! | +139.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +614.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.6% | +79.8% | +50.9% | +266.0% | 2023 | -26.0% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $242,017 | $154,923 | ~$338,156 | $242,017 | 2025 | $36,046 | 2021 |
Market value changed by 140% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$19,557,527 | ~$14,256,000 | ~2.0139% | ~$287,107 | +50.9% |
| 2028 | ~$29,513,646 | ~$15,681,600 | ~1.9814% | ~$310,713 | +127.7% |
| 2029 | ~$44,538,112 | ~$17,249,760 | ~1.9488% | ~$336,170 | +243.7% |
| 2030 | ~$67,211,059 | ~$18,974,736 | ~1.9163% | ~$363,611 | +418.6% |
| 2031 | ~$101,426,087 | ~$20,872,210 | ~1.8837% | ~$393,179 | +682.6% |
| 2027 | ~$19,298,327 | ~$14,256,000 | ~2.0465% | ~$291,747 | +48.9% |
| 2028 | ~$28,736,529 | ~$15,681,600 | ~2.0465% | ~$320,922 | +121.7% |
| 2029 | ~$42,790,659 | ~$17,249,760 | ~2.0465% | ~$353,014 | +230.2% |
| 2030 | ~$63,718,219 | ~$18,974,736 | ~2.0465% | ~$388,315 | +391.7% |
| 2031 | ~$94,880,788 | ~$20,872,210 | ~2.0465% | ~$427,147 | +632.1% |
| 2027 | ~$19,816,727 | ~$14,256,000 | ~1.9977% | ~$284,787 | +52.9% |
| 2028 | ~$30,301,131 | ~$15,681,600 | ~1.9488% | ~$305,609 | +133.8% |
| 2029 | ~$46,332,503 | ~$17,249,760 | ~1.9000% | ~$327,748 | +257.5% |
| 2030 | ~$70,845,568 | ~$18,974,736 | ~1.8512% | ~$351,259 | +446.6% |
| 2031 | ~$108,327,722 | ~$20,872,210 | ~1.8024% | ~$376,195 | +735.9% |
In 2025, this property's market value of $11,826,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 23× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $11,826,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $10,760,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $14,531,420 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $3,970,126 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,656,000 | $353,349 | $436,046 | $657,886 | ↑ 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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |