203 W 10 ST TX 78701
| Owner | TBA HQ LLC |
|---|---|
| Parcel ID | 0208011707 |
| Short ID | 196881 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 64,142 SF |
| Land SF | 24,532 SF |
| Acres | 0.563 |
| Year Built | 2021 |
| Legal | LOT A TEXAS BANKERS ADDN (TOTAL SQ FT 24532) |
| Neighborhood | 52CBD |
| Land | $11,959,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,959,350 |
| Improvement | $18,040,650 |
|---|---|
| Total Improvement | $18,040,650 |
| Market | $30,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $30,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $30,000,000 |
| Taxable Value | $30,000,000 |
|---|
Appreciation: Market value has risen +497.3% from $5,022,515 (2021) to $30,000,000 (2025), a CAGR of 56.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $613,946. Austin ISD is the largest single contributor, at 43.3% 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 40% of market value ($11,959,350 land vs $18,040,650 improvements), about $488/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $30,000,000, this parcel sits in the top quartile (≥75th 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 +56.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $280,137,514 by 2030, with an estimated annual tax burden around $910,136. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 387 | PARKING GAR UNDR | 250,000 SF | ✓ |
| ADDL | Additional Floor | 80,802 SF | ✓ |
| 2ND | 2nd Floor | 26,934 SF | ✓ |
| 3RD | 3rd Floor | 26,934 SF | ✓ |
| 4TH | 4th Floor | 26,934 SF | ✓ |
| 5TH | 5th Floor | 26,934 SF | ✓ |
| 1ST | 1st Floor | 10,274 SF | ✓ |
Market value changed by 243% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $277,560.00 | $277,560.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $157,205.10 | $157,205.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $112,753.50 | $112,753.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,406.90 | $35,406.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $31,020.00 | $31,020.00 | Paid |
| P2U | — | — | — | — | — | — | $27,287.50 | $27,287.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $641,233.00 | $641,233.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $31,827,000 | $30,000,000 | +6.1% |
| Assessed Value | $31,827,000 | $30,000,000 | +6.1% |
| Land Value | $23,550,720 | $11,959,350 | +96.9% |
| Improvement Value | $8,276,280 | $18,040,650 | -54.1% |
| Taxable Value | $31,827,000 | $30,000,000 | +6.1% |
| Total Tax 2026 = estimate |
~$651,335
Estimated
|
~$641,233
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $31,827,000 | $31,827,000 | +0 (+0.0%) |
| Taxable Value | $31,827,000 | $31,827,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $31,827,000 | $23,550,720 | $8,276,280 | — | $31,827,000 | $31,827,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $30,000,000 | $11,959,350 | $18,040,650 | — | $30,000,000 | $30,000,000 | ~$641,233 | Partial |
| 2024 | $28,389,000 | — | — | −$16,429,650 | $11,959,350 | $— | $791,944 | Verified |
| 2023 | $8,286,963 | — | — | −$3,380,563 | $4,906,400 | $— | $539,424 | Verified |
| 2022 | $4,906,400 | — | — | — | $4,906,400 | $— | $171,448 | Verified |
| 2021 | $5,022,515 | — | — | −$116,115 | $4,906,400 | $— | $111,203 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.1% | +6.1% | ~100% | Not available | Partial |
| 2025 | -28.8% | -28.8% | ~100% | Not available | Partial |
| 2024 | +48.3% | +48.3% | ~100% | 1.8800% | Verified |
| 2023 | +242.6% ! | +242.6% | ~100% | 1.9000% | Verified |
| 2022 | +68.9% | +68.9% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +511.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.1% | +64.2% | +54.5% | +242.6% | 2024 | -2.3% | 2022 |
| Assessment Ratio | 100.0% | 83.2% | — | 100.0% | 2022 | 42.1% | 2024 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$641,233 | $451,051 | ~$782,769 | $791,944 | 2024 | $111,203 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$46,899,829 | ~$33,000,000 | ~2.0139% | ~$664,599 | +56.3% |
| 2027 | ~$73,319,798 | ~$36,300,000 | ~1.9814% | ~$719,244 | +144.4% |
| 2028 | ~$114,622,866 | ~$39,930,000 | ~1.9488% | ~$778,172 | +282.1% |
| 2029 | ~$179,193,093 | ~$43,923,000 | ~1.9163% | ~$841,692 | +497.3% |
| 2030 | ~$280,137,514 | ~$48,315,300 | ~1.8837% | ~$910,136 | +833.8% |
| 2026 | ~$46,299,829 | ~$33,000,000 | ~2.0465% | ~$675,340 | +54.3% |
| 2027 | ~$71,455,805 | ~$36,300,000 | ~2.0465% | ~$742,874 | +138.2% |
| 2028 | ~$110,279,718 | ~$39,930,000 | ~2.0465% | ~$817,161 | +267.6% |
| 2029 | ~$170,197,736 | ~$43,923,000 | ~2.0465% | ~$898,878 | +467.3% |
| 2030 | ~$262,670,868 | ~$48,315,300 | ~2.0465% | ~$988,765 | +775.6% |
| 2026 | ~$47,499,829 | ~$33,000,000 | ~1.9977% | ~$659,229 | +58.3% |
| 2027 | ~$75,207,791 | ~$36,300,000 | ~1.9488% | ~$707,429 | +150.7% |
| 2028 | ~$119,078,574 | ~$39,930,000 | ~1.9000% | ~$758,677 | +296.9% |
| 2029 | ~$188,540,396 | ~$43,923,000 | ~1.8512% | ~$813,100 | +528.5% |
| 2030 | ~$298,521,218 | ~$48,315,300 | ~1.8024% | ~$870,821 | +895.1% |
In 2025, this property's market value of $30,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $30,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $28,389,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,286,963 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,906,400 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,022,515 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.