3200 STECK AVE 350 TX 78757
| Owner | AMERICAN COLLEGE OF MUSICIANS |
|---|---|
| Parcel ID | 0243051216 |
| Short ID | 711231 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 912 SF |
| Land SF | 2,192 SF |
| Acres | 0.050 |
| Year Built | 1981 |
| Legal | UNT 350 ONE STECK PLAZA CONDOMINIUMS PLUS 3.33 % INT IN COM AREA |
| Neighborhood | 26NC03 |
| Land | $54,795 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $54,795 |
| Improvement | $270,433 |
|---|---|
| Total Improvement | $270,433 |
| Market | $325,228 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $325,228 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $325,228 |
| Taxable Value | $325,228 |
|---|
Appreciation: Market value has risen +13.6% from $286,330 (2021) to $325,228 (2025), a CAGR of 3.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $6,656. 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 ($54,795 land vs $270,433 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 $325,228, 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 +3.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $381,364 by 2030, with an estimated annual tax burden around $7,184. 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 | 912 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% | $3,009.01 | $3,009.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,704.25 | $1,704.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,222.35 | $1,222.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $383.84 | $383.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $336.29 | $336.29 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,655.74 | $6,655.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $407,487 | $325,228 | +25.3% |
| Assessed Value | $390,274 | $325,228 | +20.0% |
| Land Value | $54,795 | $54,795 | +0.0% |
| Improvement Value | $352,692 | $270,433 | +30.4% |
| Taxable Value | $390,274 | $325,228 | +20.0% |
| HS Cap Loss | -$17,213 | — | |
| Total Tax 2026 = estimate |
~$7,987
Estimated
|
~$6,656
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $407,487 | $407,487 | +0 (+0.0%) |
| Taxable Value | $390,274 | $390,274 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $407,487 | $54,795 | $352,692 | −$17,213 | $390,274 | $390,274 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $325,228 | $54,795 | $270,433 | — | $325,228 | $325,228 | ~$6,656 | Partial |
| 2024 | $352,648 | — | — | −$297,853 | $54,795 | $— | $7,168 | Verified |
| 2023 | $331,599 | — | — | −$276,804 | $54,795 | $— | $6,380 | Verified |
| 2022 | $368,411 | — | — | −$313,616 | $54,795 | $— | $6,549 | Verified |
| 2021 | $286,330 | — | — | −$231,535 | $54,795 | $— | $8,019 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.3% | +20.0% | 95.8% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | +2.6% | +2.6% | ~100% | 1.9800% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 1.8100% | Verified |
| 2022 | -10.0% | -10.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.3% | +8.5% | -0.9% | +28.7% | 2022 | -10.0% | 2023 |
| Assessment Ratio | 95.8% | 43.6% | — | 100.0% | 2025 | 14.9% | 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 |
$6,656 | $6,954 | ~$6,973 | $8,019 | 2021 | $6,380 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$335,752 | ~$335,752 | ~2.0139% | ~$6,762 | +3.2% |
| 2027 | ~$346,616 | ~$346,616 | ~1.9814% | ~$6,868 | +6.6% |
| 2028 | ~$357,832 | ~$357,832 | ~1.9488% | ~$6,974 | +10.0% |
| 2029 | ~$369,410 | ~$369,410 | ~1.9163% | ~$7,079 | +13.6% |
| 2030 | ~$381,364 | ~$381,364 | ~1.8837% | ~$7,184 | +17.3% |
| 2026 | ~$329,247 | ~$329,247 | ~2.0465% | ~$6,738 | +1.2% |
| 2027 | ~$333,316 | ~$333,316 | ~2.0465% | ~$6,821 | +2.5% |
| 2028 | ~$337,435 | ~$337,435 | ~2.0465% | ~$6,906 | +3.8% |
| 2029 | ~$341,605 | ~$341,605 | ~2.0465% | ~$6,991 | +5.0% |
| 2030 | ~$345,826 | ~$345,826 | ~2.0465% | ~$7,077 | +6.3% |
| 2026 | ~$342,256 | ~$342,256 | ~1.9977% | ~$6,837 | +5.2% |
| 2027 | ~$360,176 | ~$360,176 | ~1.9488% | ~$7,019 | +10.7% |
| 2028 | ~$379,034 | ~$379,034 | ~1.9000% | ~$7,202 | +16.5% |
| 2029 | ~$398,880 | ~$398,880 | ~1.8512% | ~$7,384 | +22.6% |
| 2030 | ~$419,764 | ~$419,764 | ~1.8024% | ~$7,566 | +29.1% |
In 2025, this property's market value of $325,228 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -77% 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 | $325,228 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $352,648 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $331,599 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $368,411 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $286,330 | $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.