360 NUECES ST CP TX 78701
| Owner | NUECES STREET SHOPS AT 360 LLC |
|---|---|
| Parcel ID | 0107002502 |
| Short ID | 770843 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 588 SF |
| Acres | 0.013 |
| Year Built | — |
| Legal | UNT COMMERCIAL PARKING 360 MASTER CONDOMINIUMS AMENDED PLUS 1.05 % INT IN COM AREA |
| Neighborhood | 24CBD01 |
| Land | $2,942 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,942 |
| Improvement | $1,152 |
|---|---|
| Total Improvement | $1,152 |
| Market | $4,094 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,094 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,094 |
| Taxable Value | $4,094 |
|---|
Appreciation: Market value has risen +90.2% from $2,153 (2021) to $4,094 (2025), a CAGR of 17.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial 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 $84. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 72% of market value ($2,942 land vs $1,152 improvements), about $5/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,094, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial 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 +17.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,142 by 2030, with an estimated annual tax burden around $124. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 245,266 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% | $37.88 | $37.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21.45 | $21.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15.39 | $15.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4.83 | $4.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4.23 | $4.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $83.78 | $83.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,271 | $4,094 | +28.7% |
| Assessed Value | $4,913 | $4,094 | +20.0% |
| Land Value | $4,119 | $2,942 | +40.0% |
| Improvement Value | $1,152 | $1,152 | +0.0% |
| Taxable Value | $4,913 | $4,094 | +20.0% |
| HS Cap Loss | -$358 | — | |
| Total Tax 2026 = estimate |
~$101
Estimated
|
~$84
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,271 | $5,271 | +0 (+0.0%) |
| Taxable Value | $4,913 | $4,913 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,271 | $4,119 | $1,152 | −$358 | $4,913 | $4,913 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,094 | $2,942 | $1,152 | — | $4,094 | $4,094 | ~$84 | Partial |
| 2024 | $4,094 | — | — | −$1,152 | $2,942 | $— | $81 | Verified |
| 2023 | $4,094 | — | — | −$1,152 | $2,942 | $— | $74 | Verified |
| 2022 | $2,476 | — | — | — | $2,942 ! | $— | $81 | Verified |
| 2021 | $2,153 | — | — | −$829 | $1,324 | $— | $54 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.7% | +20.0% | 93.2% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +65.3% | +65.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +28.7% | +21.8% | +12.2% | +65.3% | 2023 | +0.0% | 2024 |
| Assessment Ratio | 93.2% | 86.2% | — | 118.8% | 2022 | 61.5% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$84 | $75 | ~$107 | $84 | 2025 | $54 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,808 | ~$4,503 | ~2.0139% | ~$91 | +17.4% |
| 2027 | ~$5,645 | ~$4,954 | ~1.9814% | ~$98 | +37.9% |
| 2028 | ~$6,629 | ~$5,449 | ~1.9488% | ~$106 | +61.9% |
| 2029 | ~$7,785 | ~$5,994 | ~1.9163% | ~$115 | +90.2% |
| 2030 | ~$9,142 | ~$6,593 | ~1.8837% | ~$124 | +123.3% |
| 2026 | ~$4,726 | ~$4,503 | ~2.0465% | ~$92 | +15.4% |
| 2027 | ~$5,455 | ~$4,954 | ~2.0465% | ~$101 | +33.2% |
| 2028 | ~$6,296 | ~$5,449 | ~2.0465% | ~$112 | +53.8% |
| 2029 | ~$7,268 | ~$5,994 | ~2.0465% | ~$123 | +77.5% |
| 2030 | ~$8,389 | ~$6,593 | ~2.0465% | ~$135 | +104.9% |
| 2026 | ~$4,889 | ~$4,503 | ~1.9977% | ~$90 | +19.4% |
| 2027 | ~$5,839 | ~$4,954 | ~1.9488% | ~$97 | +42.6% |
| 2028 | ~$6,974 | ~$5,449 | ~1.9000% | ~$104 | +70.3% |
| 2029 | ~$8,329 | ~$5,994 | ~1.8512% | ~$111 | +103.4% |
| 2030 | ~$9,947 | ~$6,593 | ~1.8024% | ~$119 | +143.0% |
In 2025, this property's market value of $4,094 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -100% below the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial 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 | $4,094 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $4,094 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $4,094 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $2,476 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $2,153 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |
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.