202 NUECES ST 2606 78701
| Owner | SMILOVIC FRANK REVOCABLE TRUST |
|---|---|
| Parcel ID | 0105001686 |
| Short ID | 916550 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 2,143 SF |
| Land SF | 128 SF |
| Acres | 0.003 |
| Year Built | 2018 |
| Legal | UNT 2606 BLOCK 188 CONDOMINIUMS PLUS .6015 % INT IN COM AREA |
| Neighborhood | Z1AP99C |
| Land | $74,001 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $74,001 |
| Improvement | $2,652,424 |
|---|---|
| Total Improvement | $2,652,424 |
| Market | $2,726,425 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,726,425 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,726,425 |
| Taxable Value | $2,726,425 |
|---|
Appreciation: Market value has risen +705.2% from $338,588 (2021) to $2,726,425 (2025), a CAGR of 68.5% 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 $55,796. Austin ISD is the largest single contributor, at 43.6% 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 ($74,001 land vs $2,652,424 improvements), about $578/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 +68.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $36,982,481 by 2030, with an estimated annual tax burden around $82,714. 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 | 2,143 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% | $25,224.88 | $25,224.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,286.93 | $14,286.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,247.13 | $10,247.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,217.81 | $3,217.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,819.12 | $2,819.12 | Paid |
| P2U | — | — | — | — | — | — | $2,059.44 | $2,059.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $57,855.31 | $57,855.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,726,425 | $2,726,425 | +0.0% |
| Assessed Value | $2,726,425 | $2,726,425 | +0.0% |
| Land Value | $179,396 | $74,001 | +142.4% |
| Improvement Value | $2,547,029 | $2,652,424 | -4.0% |
| Taxable Value | $2,726,425 | $2,726,425 | +0.0% |
| Total Tax 2026 = estimate |
~$55,796
Estimated
|
~$57,855
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,726,425 | $2,726,425 | +0 (+0.0%) |
| Taxable Value | $2,726,425 | $2,726,425 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,726,425 | $179,396 | $2,547,029 | — | $2,726,425 | $2,726,425 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,726,425 | $74,001 | $2,652,424 | — | $2,726,425 | $2,726,425 | ~$57,855 | Partial |
| 2024 | $2,440,106 | — | — | −$2,366,105 | $74,001 | $— | $47,241 | Verified |
| 2023 | $2,239,488 | — | — | −$2,165,487 | $74,001 | $— | $45,942 | Verified |
| 2022 | $1,566,331 | — | — | −$1,492,330 | $74,001 | $— | $45,968 | Verified |
| 2021 | $338,588 | — | — | −$297,887 | $40,701 | $— | $35,160 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +18.6% | +18.6% | ~100% | Not available | Partial |
| 2024 | -5.8% | -5.8% | ~100% | 2.0500% | Verified |
| 2023 | +9.0% | +9.0% | ~100% | 1.8800% | Verified |
| 2022 | +43.0% | +43.0% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 10.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +74.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +85.3% | +68.5% | +362.6% | 2022 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 37.2% | — | 100.0% | 2025 | 3.0% | 2024 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$57,855 | $46,433 | ~$71,139 | $57,855 | 2025 | $35,160 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,592,763 | ~$2,999,068 | ~2.0139% | ~$60,399 | +68.5% |
| 2027 | ~$7,736,679 | ~$3,298,974 | ~1.9814% | ~$65,365 | +183.8% |
| 2028 | ~$13,032,720 | ~$3,628,872 | ~1.9488% | ~$70,721 | +378.0% |
| 2029 | ~$21,954,095 | ~$3,991,759 | ~1.9163% | ~$76,494 | +705.2% |
| 2030 | ~$36,982,481 | ~$4,390,935 | ~1.8837% | ~$82,714 | +1256.4% |
| 2026 | ~$4,538,235 | ~$2,999,068 | ~2.0465% | ~$61,375 | +66.5% |
| 2027 | ~$7,554,059 | ~$3,298,974 | ~2.0465% | ~$67,513 | +177.1% |
| 2028 | ~$12,574,008 | ~$3,628,872 | ~2.0465% | ~$74,264 | +361.2% |
| 2029 | ~$20,929,899 | ~$3,991,759 | ~2.0465% | ~$81,691 | +667.7% |
| 2030 | ~$34,838,587 | ~$4,390,935 | ~2.0465% | ~$89,860 | +1177.8% |
| 2026 | ~$4,647,292 | ~$2,999,068 | ~1.9977% | ~$59,911 | +70.5% |
| 2027 | ~$7,921,480 | ~$3,298,974 | ~1.9488% | ~$64,292 | +190.5% |
| 2028 | ~$13,502,453 | ~$3,628,872 | ~1.9000% | ~$68,949 | +395.2% |
| 2029 | ~$23,015,428 | ~$3,991,759 | ~1.8512% | ~$73,895 | +744.2% |
| 2030 | ~$39,230,644 | ~$4,390,935 | ~1.8024% | ~$79,141 | +1338.9% |
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.