3200 STECK AVE 230 TX 78757
| Owner | LUGAL LIMITED LIABILITY COMPANY |
|---|---|
| Parcel ID | 0243051205 |
| Short ID | 711220 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,128 SF |
| Land SF | 2,653 SF |
| Acres | 0.061 |
| Year Built | 1981 |
| Legal | UNT 230 ONE STECK PLAZA CONDOMINIUMS PLUS 4.03 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $66,313 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $66,313 |
| Improvement | $334,483 |
|---|---|
| Total Improvement | $334,483 |
| Market | $400,796 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $400,796 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $400,796 |
| Taxable Value | $400,796 |
|---|
Appreciation: Market value has risen +15.2% from $347,801 (2021) to $400,796 (2025), a CAGR of 3.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged 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 $8,202. 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 17% of market value ($66,313 land vs $334,483 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $400,796, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $478,535 by 2030, with an estimated annual tax burden around $9,014. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,128 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% | $3,708.16 | $3,708.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,100.24 | $2,100.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,506.37 | $1,506.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $473.03 | $473.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $414.42 | $414.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,202.22 | $8,202.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $412,521 | $400,796 | +2.9% |
| Assessed Value | $412,521 | $400,796 | +2.9% |
| Land Value | $66,313 | $66,313 | +0.0% |
| Improvement Value | $346,208 | $334,483 | +3.5% |
| Taxable Value | $412,521 | $400,796 | +2.9% |
| Total Tax 2026 = estimate |
~$8,442
Estimated
|
~$8,202
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $502,535 | $412,521 | -90,014 (-17.9%) |
| Taxable Value | $480,955 | $412,521 | -68,434 (-14.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $412,521 | $66,313 | $346,208 | — | $412,521 | $412,521 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $400,796 | $66,313 | $334,483 | — | $400,796 | $400,796 | ~$8,202 | Partial |
| 2024 | $434,710 | — | — | −$368,397 | $66,313 | $— | $8,837 | Verified |
| 2023 | $408,676 | — | — | −$342,363 | $66,313 | $— | $7,865 | Verified |
| 2022 | $447,575 | — | — | −$381,262 | $66,313 | $— | $8,071 | Verified |
| 2021 | $347,801 | — | — | −$281,488 | $66,313 | $— | $9,742 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.4% | +20.0% | 95.7% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | +2.6% | +2.6% | ~100% | 1.9800% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.8100% | Verified |
| 2022 | -8.7% | -8.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -10.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.9% | +4.3% | +3.0% | +28.7% | 2022 | -8.7% | 2023 |
| Assessment Ratio | 100.0% | 44.2% | — | 100.0% | 2025 | 14.8% | 2022 |
| 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 |
$8,202 | $8,544 | ~$8,688 | $9,742 | 2021 | $7,865 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$415,261 | ~$415,261 | ~2.0139% | ~$8,363 | +3.6% |
| 2027 | ~$430,249 | ~$430,249 | ~1.9814% | ~$8,525 | +7.3% |
| 2028 | ~$445,777 | ~$445,777 | ~1.9488% | ~$8,687 | +11.2% |
| 2029 | ~$461,866 | ~$461,866 | ~1.9163% | ~$8,851 | +15.2% |
| 2030 | ~$478,535 | ~$478,535 | ~1.8837% | ~$9,014 | +19.4% |
| 2026 | ~$407,245 | ~$407,245 | ~2.0465% | ~$8,334 | +1.6% |
| 2027 | ~$413,799 | ~$413,799 | ~2.0465% | ~$8,468 | +3.2% |
| 2028 | ~$420,457 | ~$420,457 | ~2.0465% | ~$8,605 | +4.9% |
| 2029 | ~$427,223 | ~$427,223 | ~2.0465% | ~$8,743 | +6.6% |
| 2030 | ~$434,098 | ~$434,098 | ~2.0465% | ~$8,884 | +8.3% |
| 2026 | ~$423,277 | ~$423,277 | ~1.9977% | ~$8,456 | +5.6% |
| 2027 | ~$447,020 | ~$447,020 | ~1.9488% | ~$8,712 | +11.5% |
| 2028 | ~$472,094 | ~$472,094 | ~1.9000% | ~$8,970 | +17.8% |
| 2029 | ~$498,574 | ~$498,574 | ~1.8512% | ~$9,230 | +24.4% |
| 2030 | ~$526,540 | ~$526,540 | ~1.8024% | ~$9,490 | +31.4% |
In 2025, this property's market value of $400,796 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -72% 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 | $400,796 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $434,710 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $408,676 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $447,575 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $347,801 | $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.