202 NUECES ST 3001 78701
| Owner | PROPER C3 LLC |
|---|---|
| Parcel ID | 0105001696 |
| Short ID | 916560 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 3,425 SF |
| Land SF | 198 SF |
| Acres | 0.005 |
| Year Built | 2018 |
| Legal | UNT 3001 BLOCK 188 CONDOMINIUMS PLUS .9301 % INT IN COM AREA |
| Neighborhood | Z1AP99C |
| Land | $114,432 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $114,432 |
| Improvement | $4,085,568 |
|---|---|
| Total Improvement | $4,085,568 |
| Market | $4,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,200,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$124,460 |
| Net Appraised (assessed) | $4,075,540 |
| Taxable Value | $4,075,540 |
|---|
Appreciation: Market value has risen +678.6% from $539,451 (2021) to $4,200,000 (2025), a CAGR of 67.0% 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 $83,405. Austin ISD is the largest single contributor, at 43.5% of the total 2025 levy.
Assessment Gap: Assessed value ($4,075,540) is $124,460 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 3% of market value ($114,432 land vs $4,085,568 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 +67.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $54,622,415 by 2030, with an estimated annual tax burden around $123,643. 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 | 3,425 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 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% | $37,706.90 | $37,706.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,356.52 | $21,356.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,317.71 | $15,317.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,810.07 | $4,810.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,214.11 | $4,214.11 | Paid |
| P2U | — | — | — | — | — | — | $3,307.37 | $3,307.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $86,712.68 | $86,712.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,582,600 | $4,200,000 | -14.7% |
| Assessed Value | $3,582,600 | $4,075,540 | -12.1% |
| Land Value | $277,410 | $114,432 | +142.4% |
| Improvement Value | $3,305,190 | $4,085,568 | -19.1% |
| Taxable Value | $3,582,600 | $4,075,540 | -12.1% |
| Total Tax 2026 = estimate |
~$73,317
Estimated
|
~$86,713
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,200,000 | $3,582,600 | -617,400 (-14.7%) |
| Taxable Value | $4,200,000 | $3,582,600 | -617,400 (-14.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,582,600 | $277,410 | $3,305,190 | — | $3,582,600 | $3,582,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,200,000 | $114,432 | $4,085,568 | −$124,460 | $4,075,540 | $4,075,540 | ~$86,713 | Partial |
| 2024 | $3,896,002 | — | — | −$3,781,570 | $114,432 | $— | $69,987 | Verified |
| 2023 | $3,575,370 | — | — | −$3,460,938 | $114,432 | $— | $73,630 | Verified |
| 2022 | $2,501,662 | — | — | −$2,387,230 | $114,432 | $— | $73,686 | Verified |
| 2021 | $539,451 | — | — | −$476,514 | $62,937 | $— | $56,455 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +3.1% | ~100% | Not available | Partial |
| 2025 | +23.7% | +20.0% | 97.0% | Not available | Partial |
| 2024 | -12.8% | -12.8% | ~100% | 2.0600% | Verified |
| 2023 | +9.0% | +9.0% | ~100% | 1.8900% | Verified |
| 2022 | +42.9% | +42.9% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 10.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +67.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.7% | +81.7% | +72.8% | +363.7% | 2022 | -14.7% | 2026 |
| Assessment Ratio | 100.0% | 36.6% | — | 100.0% | 2026 | 2.9% | 2024 |
| Effective Tax Rate (2025) | 2.0600% | 2.0600% | — | 2.0600% | 2025 | 2.0600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$86,713 | $72,094 | ~$106,340 | $86,713 | 2025 | $56,455 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,015,742 | ~$4,483,094 | ~2.0139% | ~$90,287 | +67.0% |
| 2027 | ~$11,719,199 | ~$4,931,403 | ~1.9814% | ~$97,710 | +179.0% |
| 2028 | ~$19,575,923 | ~$5,424,544 | ~1.9488% | ~$105,716 | +366.1% |
| 2029 | ~$32,699,912 | ~$5,966,998 | ~1.9163% | ~$114,345 | +678.6% |
| 2030 | ~$54,622,415 | ~$6,563,698 | ~1.8837% | ~$123,643 | +1200.5% |
| 2026 | ~$6,931,742 | ~$4,483,094 | ~2.0465% | ~$91,746 | +65.0% |
| 2027 | ~$11,440,249 | ~$4,931,403 | ~2.0465% | ~$100,920 | +172.4% |
| 2028 | ~$18,881,157 | ~$5,424,544 | ~2.0465% | ~$111,012 | +349.6% |
| 2029 | ~$31,161,740 | ~$5,966,998 | ~2.0465% | ~$122,114 | +641.9% |
| 2030 | ~$51,429,796 | ~$6,563,698 | ~2.0465% | ~$134,325 | +1124.5% |
| 2026 | ~$7,099,742 | ~$4,483,094 | ~1.9977% | ~$89,557 | +69.0% |
| 2027 | ~$12,001,509 | ~$4,931,403 | ~1.9488% | ~$96,105 | +185.8% |
| 2028 | ~$20,287,528 | ~$5,424,544 | ~1.9000% | ~$103,067 | +383.0% |
| 2029 | ~$34,294,337 | ~$5,966,998 | ~1.8512% | ~$110,461 | +716.5% |
| 2030 | ~$57,971,653 | ~$6,563,698 | ~1.8024% | ~$118,302 | +1280.3% |
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.