2020 NUECES ST TX 78705
| Owner | TORRE PROPERTY OWNER LLC |
|---|---|
| Parcel ID | 0212011504 |
| Short ID | 203777 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | 201,500 SF |
| Land SF | 25,190 SF |
| Acres | 0.578 |
| Year Built | 2020 |
| Legal | LT 11 & S 50FT OF LT 12 OLT 23 DIV D HORSTS LOUIS SUBD & LT A ZINFANDEL SUBD |
| Neighborhood | 08WC |
| Land | $11,335,311 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,335,311 |
| Improvement | $69,514,689 |
|---|---|
| Total Improvement | $69,514,689 |
| Market | $80,850,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $80,850,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $80,850,000 |
| Taxable Value | $80,850,000 |
|---|
Appreciation: Market value has risen +176.9% from $29,193,103 (2021) to $80,850,000 (2025), a CAGR of 29.0% 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 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 $1,654,583. 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 14% of market value ($11,335,311 land vs $69,514,689 improvements), about $450/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $80,850,000, 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 +22.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $224,356,585 by 2031, with an estimated annual tax burden around $2,455,243. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 201,500 SF | ✓ |
| 187 | PARKING GARAGE | 46,400 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% | $721,656.00 | $721,656.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $408,733.26 | $408,733.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $293,159.10 | $293,159.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $92,057.94 | $92,057.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $80,652.00 | $80,652.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,596,258.30 | $1,596,258.30 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $721,656.00 | 45.2% |
| CAT City of Austin | 0.5240% | $408,733.26 | 25.6% |
| TCO Travis County | 0.3758% | $293,159.10 | 18.4% |
| THD Travis Central Health | 0.1180% | $92,057.94 | 5.8% |
| ACT Austin Community College | 0.1034% | $80,652.00 | 5.1% |
| Total | 2.0465% | $1,596,258.30 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $80,930,000 | $80,850,000 | +0.1% |
| Assessed Value | $80,930,000 | $80,850,000 | +0.1% |
| Land Value | $5,667,656 | $11,335,311 | -50.0% |
| Improvement Value | $75,262,344 | $69,514,689 | +8.3% |
| Taxable Value | $80,930,000 | $80,850,000 | +0.1% |
| Total Tax 2026 = estimate |
~$1,656,220
Estimated
|
~$1,596,258
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $80,930,000 | $5,667,656 | $75,262,344 | — | $80,930,000 | $80,930,000 | Not yet — post-cert | Preliminary |
| 2025 | $80,850,000 | $11,335,311 | $69,514,689 | — | $80,850,000 | $80,850,000 | ~$1,596,258 | Partial |
| 2024 | $79,250,000 | $11,335,311 | $67,914,689 | — | $79,250,000 | $79,250,000 | $1,546,141 | Verified |
| 2023 | $96,439,959 | $11,335,311 | $85,104,648 | — | $96,439,959 | $96,439,959 | $1,658,093 | Verified |
| 2022 | $91,177,734 | $4,534,124 | $86,643,610 | — | $91,177,734 | $91,177,734 | $1,726,059 | Verified |
| 2021 | $29,193,103 | $4,534,124 | $24,658,979 | — | $29,193,103 | $29,193,103 | $612,792 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2024 | -17.8% | -17.8% | ~100% | No billing data | Verified |
| 2023 | +5.8% | +5.8% | ~100% | No billing data | Verified |
| 2022 | +212.3% ! | +212.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +176.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +40.5% | +22.6% | +212.3% | 2022 | -17.8% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,596,258 | $1,427,869 | ~$2,111,649 | $1,726,059 | 2022 | $612,792 | 2021 |
Market value changed by 212% 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 | ~$99,237,404 | ~$89,023,000 | ~2.0139% | ~$1,792,867 | +22.6% |
| 2028 | ~$121,686,179 | ~$97,925,300 | ~1.9814% | ~$1,940,280 | +50.4% |
| 2029 | ~$149,213,153 | ~$107,717,830 | ~1.9488% | ~$2,099,248 | +84.4% |
| 2030 | ~$182,967,083 | ~$118,489,613 | ~1.9163% | ~$2,270,606 | +126.1% |
| 2031 | ~$224,356,585 | ~$130,338,574 | ~1.8837% | ~$2,455,243 | +177.2% |
| 2027 | ~$97,618,804 | ~$89,023,000 | ~2.0465% | ~$1,821,842 | +20.6% |
| 2028 | ~$117,749,054 | ~$97,925,300 | ~2.0465% | ~$2,004,027 | +45.5% |
| 2029 | ~$142,030,420 | ~$107,717,830 | ~2.0465% | ~$2,204,429 | +75.5% |
| 2030 | ~$171,318,915 | ~$118,489,613 | ~2.0465% | ~$2,424,872 | +111.7% |
| 2031 | ~$206,647,074 | ~$130,338,574 | ~2.0465% | ~$2,667,359 | +155.3% |
| 2027 | ~$100,856,004 | ~$89,023,000 | ~1.9977% | ~$1,778,379 | +24.6% |
| 2028 | ~$125,688,047 | ~$97,925,300 | ~1.9488% | ~$1,908,407 | +55.3% |
| 2029 | ~$156,634,057 | ~$107,717,830 | ~1.9000% | ~$2,046,657 | +93.5% |
| 2030 | ~$195,199,371 | ~$118,489,613 | ~1.8512% | ~$2,193,473 | +141.2% |
| 2031 | ~$243,259,961 | ~$130,338,574 | ~1.8024% | ~$2,349,185 | +200.6% |
In 2025, this property's market value of $80,850,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 156× 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 | $80,850,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $79,250,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $96,439,959 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $91,177,734 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $29,193,103 | $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 | 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 | — |