70 RAINEY ST 3304 TX 78701
| Owner | STRAUCH FAMILY REVOCABLE TRUST |
|---|---|
| Parcel ID | 0203032073 |
| Short ID | 890623 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 3,862 SF |
| Land SF | 383 SF |
| Acres | 0.009 |
| Year Built | 2018 |
| Legal | UNT 3304 70 RAINEY RESIDENCES CONDOMINIUMS PLUS 1.7092 % INT IN COM AREA |
| Neighborhood | Z17099C |
| Land | $287,565 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $287,565 |
| Improvement | $4,368,900 |
|---|---|
| Total Improvement | $4,368,900 |
| Market | $4,656,465 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,656,465 |
| Value Limitation Adjustment (−) (homestead cap) | −$211,915 |
| Net Appraised (assessed) | $4,444,550 |
| Exemptions (−) (HS,OV65) | −$1,032,130 |
|---|---|
| Taxable Value | $3,412,420 |
Appreciation: Market value has risen +105.3% from $2,267,682 (2021) to $4,656,465 (2025), a CAGR of 19.7% 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 $69,835. Austin ISD is the largest single contributor, at 50.0% of the total 2025 levy.
Assessment Gap: Assessed value ($4,444,550) is $211,915 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 6% of market value ($287,565 land vs $4,368,900 improvements), about $751/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 +19.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,445,877 by 2030, with an estimated annual tax burden around $134,838. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,862 SF | ✓ |
| 612 | TERRACE UNCOVERD | 663 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 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% | $29,156.35 | $29,156.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,148.03 | $13,148.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,613.61 | $9,613.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,378.69 | $3,378.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,969.32 | $2,969.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $58,266.00 | $58,266.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,950,000 | $4,656,465 | -15.2% |
| Assessed Value | $3,713,992 | $4,444,550 | -16.4% |
| Land Value | $335,493 | $287,565 | +16.7% |
| Improvement Value | $3,614,507 | $4,368,900 | -17.3% |
| Taxable Value | $2,825,925 | $3,412,420 | -17.2% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$236,008 | — | |
| Total Tax 2026 = estimate |
~$57,832
Estimated
|
~$58,266
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,954,939 | $3,950,000 | -1,004,939 (-20.3%) |
| Taxable Value | $2,827,974 | $2,825,925 | -2,049 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,950,000 | $335,493 | $3,614,507 | −$236,008 | $3,713,992 | $2,825,925 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,656,465 | $287,565 | $4,368,900 | −$211,915 | $4,444,550 | $3,412,420 | ~$58,266 | Partial |
| 2024 | $4,039,676 | — | — | −$3,752,111 | $287,565 | $— | $71,568 | Verified |
| 2023 | $4,481,889 | — | — | −$4,194,324 | $287,565 | $— | $65,312 | Verified |
| 2022 | $3,368,447 | — | — | −$3,080,882 | $287,565 | $— | $88,514 | Verified |
| 2021 | $2,267,682 | — | — | −$2,123,899 | $143,783 | $— | $73,320 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.4% | -16.4% | 75.0% | Not available | Partial |
| 2025 | +15.2% | +10.0% | 95.4% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7700% | Verified |
| 2023 | -9.9% | -9.9% | ~100% | 1.6200% | Verified |
| 2022 | +33.1% | +33.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.2% | +14.4% | +24.0% | +48.5% | 2022 | -15.2% | 2026 |
| Assessment Ratio | 94.0% | 36.3% | — | 95.4% | 2025 | 6.3% | 2021 |
| Effective Tax Rate (2025) | 1.2500% | 1.2500% | — | 1.2500% | 2025 | 1.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$58,266 | $71,396 | ~$115,968 | $88,514 | 2022 | $58,266 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,574,102 | ~$4,889,005 | ~2.0139% | ~$98,461 | +19.7% |
| 2027 | ~$6,672,575 | ~$5,377,906 | ~1.9814% | ~$106,557 | +43.3% |
| 2028 | ~$7,987,520 | ~$5,915,696 | ~1.9488% | ~$115,287 | +71.5% |
| 2029 | ~$9,561,599 | ~$6,507,266 | ~1.9163% | ~$124,698 | +105.3% |
| 2030 | ~$11,445,877 | ~$7,157,992 | ~1.8837% | ~$134,838 | +145.8% |
| 2026 | ~$5,480,972 | ~$4,889,005 | ~2.0465% | ~$100,053 | +17.7% |
| 2027 | ~$6,451,473 | ~$5,377,906 | ~2.0465% | ~$110,058 | +38.5% |
| 2028 | ~$7,593,818 | ~$5,915,696 | ~2.0465% | ~$121,064 | +63.1% |
| 2029 | ~$8,938,434 | ~$6,507,266 | ~2.0465% | ~$133,170 | +92.0% |
| 2030 | ~$10,521,138 | ~$7,157,992 | ~2.0465% | ~$146,487 | +125.9% |
| 2026 | ~$5,667,231 | ~$4,889,005 | ~1.9977% | ~$97,666 | +21.7% |
| 2027 | ~$6,897,401 | ~$5,377,906 | ~1.9488% | ~$104,807 | +48.1% |
| 2028 | ~$8,394,601 | ~$5,915,696 | ~1.9000% | ~$112,399 | +80.3% |
| 2029 | ~$10,216,794 | ~$6,507,266 | ~1.8512% | ~$120,462 | +119.4% |
| 2030 | ~$12,434,525 | ~$7,157,992 | ~1.8024% | ~$129,014 | +167.0% |
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.