202 NUECES ST 2102 78701
| Owner | MORCOS BENJAMIN |
|---|---|
| Parcel ID | 0105001656 |
| Short ID | 916520 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 2,582 SF |
| Land SF | 149 SF |
| Acres | 0.003 |
| Year Built | 2018 |
| Legal | UNT 2102 BLOCK 188 CONDOMINIUMS PLUS .7012 % INT IN COM AREA |
| Neighborhood | Z1AP99C |
| Land | $86,267 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $86,267 |
| Improvement | $3,681,088 |
|---|---|
| Total Improvement | $3,681,088 |
| Market | $3,767,355 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,767,355 |
| Value Limitation Adjustment (−) (homestead cap) | −$830,972 |
| Net Appraised (assessed) | $2,936,383 |
| Exemptions (−) (HS) | −$587,277 |
|---|---|
| Taxable Value | $2,349,106 |
Appreciation: Market value has risen +826.4% from $406,676 (2021) to $3,767,355 (2025), a CAGR of 74.5% 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 $48,074. Austin ISD is the largest single contributor, at 49.0% of the total 2025 levy.
Assessment Gap: Assessed value ($2,936,383) is $830,972 below market value, suggesting potential for an upward assessment in future years.
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 2% of market value ($86,267 land vs $3,681,088 improvements), about $579/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 +74.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $60,886,576 by 2030, with an estimated annual tax burden around $89,084. 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 | 2,582 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 252 | BEDROOMS | 3 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% | $25,872.14 | $25,872.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,309.71 | $12,309.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,829.00 | $8,829.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,005.86 | $3,005.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,772.49 | $2,772.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,789.20 | $52,789.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,635,498 | $3,767,355 | -3.5% |
| Assessed Value | $3,230,021 | $2,936,383 | +10.0% |
| Land Value | $209,132 | $86,267 | +142.4% |
| Improvement Value | $3,426,366 | $3,681,088 | -6.9% |
| Taxable Value | $2,584,017 | $2,349,106 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$405,477 | — | |
| Total Tax 2026 = estimate |
~$52,882
Estimated
|
~$52,789
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,767,355 | $3,635,498 | -131,857 (-3.5%) |
| Taxable Value | $2,584,017 | $2,584,017 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,635,498 | $209,132 | $3,426,366 | −$405,477 | $3,230,021 | $2,584,017 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,767,355 | $86,267 | $3,681,088 | −$830,972 | $2,936,383 | $2,349,106 | ~$52,789 | Partial |
| 2024 | $2,426,763 | — | — | −$2,340,496 | $86,267 | $— | $46,961 | Verified |
| 2023 | $2,425,000 | — | — | −$2,338,733 | $86,267 | $— | $38,892 | Verified |
| 2022 | $2,193,727 | — | — | −$2,107,460 | $86,267 | $— | $43,637 | Verified |
| 2021 | $406,676 | — | — | −$359,229 | $47,447 | $— | $49,444 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +10.0% | 85.7% | Not available | Partial |
| 2025 | -5.5% | +10.0% | 77.9% | Not available | Partial |
| 2024 | +20.2% | +0.1% | 66.9% | 1.1800% | Verified |
| 2023 | +16.8% | -6.1% | 80.4% | 1.1700% | Verified |
| 2022 | +29.5% | +29.5% | ~100% | 1.5400% | Verified |
| 2021 | base year | — | ~100% | 12.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +71.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.5% | +100.3% | +75.7% | +439.4% | 2022 | -3.5% | 2026 |
| Assessment Ratio | 88.8% | 31.6% | — | 88.8% | 2026 | 3.6% | 2023 |
| Effective Tax Rate (2025) | 1.4000% | 1.4000% | — | 1.4000% | 2025 | 1.4000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$52,789 | $46,344 | ~$76,617 | $52,789 | 2025 | $38,892 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,572,545 | ~$3,230,021 | ~2.0139% | ~$65,051 | +74.5% |
| 2027 | ~$11,466,491 | ~$3,553,023 | ~1.9814% | ~$70,399 | +204.4% |
| 2028 | ~$20,004,493 | ~$3,908,326 | ~1.9488% | ~$76,167 | +431.0% |
| 2029 | ~$34,899,929 | ~$4,299,158 | ~1.9163% | ~$82,384 | +826.4% |
| 2030 | ~$60,886,576 | ~$4,729,074 | ~1.8837% | ~$89,084 | +1516.2% |
| 2026 | ~$6,497,198 | ~$3,230,021 | ~2.0465% | ~$66,102 | +72.5% |
| 2027 | ~$11,205,096 | ~$3,553,023 | ~2.0465% | ~$72,712 | +197.4% |
| 2028 | ~$19,324,360 | ~$3,908,326 | ~2.0465% | ~$79,983 | +412.9% |
| 2029 | ~$33,326,880 | ~$4,299,158 | ~2.0465% | ~$87,982 | +784.6% |
| 2030 | ~$57,475,689 | ~$4,729,074 | ~2.0465% | ~$96,780 | +1425.6% |
| 2026 | ~$6,647,892 | ~$3,230,021 | ~1.9977% | ~$64,525 | +76.5% |
| 2027 | ~$11,730,900 | ~$3,553,023 | ~1.9488% | ~$69,243 | +211.4% |
| 2028 | ~$20,700,400 | ~$3,908,326 | ~1.9000% | ~$74,259 | +449.5% |
| 2029 | ~$36,528,019 | ~$4,299,158 | ~1.8512% | ~$79,586 | +869.6% |
| 2030 | ~$64,457,509 | ~$4,729,074 | ~1.8024% | ~$85,235 | +1610.9% |
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.