202 NUECES ST 1907 78701
| Owner | MCGILLIS FAMILY TRUST |
|---|---|
| Parcel ID | 0105001649 |
| Short ID | 916513 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 1,931 SF |
| Land SF | 112 SF |
| Acres | 0.003 |
| Year Built | 2018 |
| Legal | UNT 1907 BLOCK 188 CONDOMINIUMS PLUS .5244 % INT IN COM AREA |
| Neighborhood | Z1AP99C |
| Land | $64,518 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $64,518 |
| Improvement | $2,253,067 |
|---|---|
| Total Improvement | $2,253,067 |
| Market | $2,317,585 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,317,585 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,317,585 |
| Exemptions (−) (HS,OV65) | −$606,737 |
|---|---|
| Taxable Value | $1,710,848 |
Appreciation: Market value has risen +662.0% from $304,141 (2021) to $2,317,585 (2025), a CAGR of 66.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump.
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 $35,012. Austin ISD is the largest single contributor, at 45.6% 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.
Value Composition: Land carries 3% of market value ($64,518 land vs $2,253,067 improvements), about $576/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 +66.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $29,341,786 by 2030, with an estimated annual tax burden around $70,311. 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 | 1,931 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 252 | BEDROOMS | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $15,864.17 | $15,864.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,709.52 | $8,709.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,430.14 | $6,430.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,969.65 | $1,969.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,849.15 | $1,849.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,822.63 | $34,822.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,950,000 | $2,317,585 | -15.9% |
| Assessed Value | $1,950,000 | $2,317,585 | -15.9% |
| Land Value | $156,408 | $64,518 | +142.4% |
| Improvement Value | $1,793,592 | $2,253,067 | -20.4% |
| Taxable Value | $1,414,731 | $1,710,848 | -17.3% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$28,952
Estimated
|
~$34,823
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,317,585 | $1,950,000 | -367,585 (-15.9%) |
| Taxable Value | $1,710,848 | $1,414,731 | -296,117 (-17.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,950,000 | $156,408 | $1,793,592 | — | $1,950,000 | $1,414,731 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,317,585 | $64,518 | $2,253,067 | — | $2,317,585 | $1,710,848 | ~$34,823 | Partial |
| 2024 | $1,932,300 | — | — | −$1,867,782 | $64,518 | $— | $32,763 | Verified |
| 2023 | $2,015,784 | — | — | −$1,951,266 | $64,518 | $— | $36,285 | Verified |
| 2022 | $1,410,426 | — | — | −$1,345,908 | $64,518 | $— | $41,326 | Verified |
| 2021 | $304,141 | — | — | −$268,656 | $35,485 | $— | $31,611 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +21.0% | +21.0% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | 1.7100% | Verified |
| 2023 | -4.1% | -4.1% | ~100% | 1.8800% | Verified |
| 2022 | +42.9% | +42.9% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 10.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.9% | +81.3% | +72.4% | +363.7% | 2022 | -15.9% | 2026 |
| Assessment Ratio | 100.0% | 37.1% | — | 100.0% | 2025 | 3.2% | 2023 |
| Effective Tax Rate (2025) | 1.5000% | 1.5000% | — | 1.5000% | 2025 | 1.5000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$34,823 | $35,361 | ~$60,471 | $41,326 | 2022 | $31,611 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,850,577 | ~$2,549,344 | ~2.0139% | ~$51,342 | +66.1% |
| 2027 | ~$6,397,584 | ~$2,804,278 | ~1.9814% | ~$55,564 | +176.0% |
| 2028 | ~$10,629,338 | ~$3,084,706 | ~1.9488% | ~$60,116 | +358.6% |
| 2029 | ~$17,660,231 | ~$3,393,176 | ~1.9163% | ~$65,023 | +662.0% |
| 2030 | ~$29,341,786 | ~$3,732,494 | ~1.8837% | ~$70,311 | +1166.1% |
| 2026 | ~$3,804,226 | ~$2,549,344 | ~2.0465% | ~$52,172 | +64.1% |
| 2027 | ~$6,244,488 | ~$2,804,278 | ~2.0465% | ~$57,389 | +169.4% |
| 2028 | ~$10,250,085 | ~$3,084,706 | ~2.0465% | ~$63,128 | +342.3% |
| 2029 | ~$16,825,115 | ~$3,393,176 | ~2.0465% | ~$69,441 | +626.0% |
| 2030 | ~$27,617,772 | ~$3,732,494 | ~2.0465% | ~$76,385 | +1091.7% |
| 2026 | ~$3,896,929 | ~$2,549,344 | ~1.9977% | ~$50,927 | +68.1% |
| 2027 | ~$6,552,534 | ~$2,804,278 | ~1.9488% | ~$54,651 | +182.7% |
| 2028 | ~$11,017,832 | ~$3,084,706 | ~1.9000% | ~$58,610 | +375.4% |
| 2029 | ~$18,526,056 | ~$3,393,176 | ~1.8512% | ~$62,814 | +699.4% |
| 2030 | ~$31,150,842 | ~$3,732,494 | ~1.8024% | ~$67,273 | +1244.1% |
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.