208 Nueces St, Austin, TX 78701 – Office Building High Rise 5+ stories

OfficeYear Built 2017Total Assessed Value $200,441,325County Travis

Property Details

The Office property 208 Nueces St, Austin, TX 78701 is located in Travis County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $200,441,325.

The gross building area is 627,984 square feet and the land area is 35,327 square feet for this Office Building High Rise 5+ stories built in 2017.

Legal description: Lot 5-8 Block 188 Original City

$200,441,325

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 208 Nueces St, Austin, TX 78701, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area627,984

Land Size35,327

Land Value$20,666,880

Improved Value$179,774,445

Total Assessed Value$200,441,325

Year Built2017

County NameTravis

Account Number104330

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Roof CoverBuilt up

Type ConstructionConcrete

No of Stories1

Sales History

6/1/2024

Arms-lengthNot Disclosed

Buyer

607 W 3rd St Llc

Seller

Kuhn Michael J

Book Number

2024.58786

Recording Date

6/1/2024

Transaction Details

607 W 3rd St Llc acquired the property from Kuhn Michael J through a Arms-length transaction on 6/1/2024 for .

6/1/2015

Other$7,894,737

Buyer

Seller

Book Number

Recording Date

6/1/2015

Transaction Details

acquired the property from through a Other transaction on 6/1/2015 for $7,894,737.

4/26/2013

OtherNot Disclosed

Buyer

Vasquez Merly S

Seller

Alcantara Jesus & Merly S

Book Number

Recording Date

4/26/2013

Transaction Details

Vasquez Merly S acquired the property from Alcantara Jesus & Merly S through a Other transaction on 4/26/2013 for .

5/1/2012

Foreclosure$6,326,200

Buyer

Omnibank Na

Seller

Silent Running Inc

Book Number

2012067655

Recording Date

5/1/2012

Transaction Details

Omnibank Na acquired the property from Silent Running Inc through a Foreclosure transaction on 5/1/2012 for $6,326,200.

5/13/1994

Arms-lengthNot Disclosed

Buyer

Michael Jkuhn

Seller

Book Number

Recording Date

5/13/1994

Transaction Details

Michael Jkuhn acquired the property from through a Arms-length transaction on 5/13/1994 for .

Property constructed in 2017

YSale Price (USD) byXSales Year

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Mortgage History

11/27/2024

Arms length residential transactions purchase or resales$69,400,000

Borrower

Austin West Third Street Real

Lender

Principal Life Insurance Co

Book Number

2024.131905

Recording Date

11/27/2024

Transaction Details

Austin West Third Street Real borrowed the property from Principal Life Insurance Co through a Arms length residential transactions purchase or resales transaction on 11/27/2024 for $69,400,000.

9/29/2014

Helocs both purchase money and non purchase money helocs$4,464,000

Borrower

Cpg Amh Property Lp

Lender

Bth Bank

Book Number

2014.146785

Recording Date

9/29/2014

Transaction Details

Cpg Amh Property Lp borrowed the property from Bth Bank through a Helocs both purchase money and non purchase money helocs transaction on 9/29/2014 for $4,464,000.

6/25/2008

Arms length residential transactions purchase or resales$1,469,000

Borrower

Silent Running Inc

Lender

Capital Certified Development Corporatio

Book Number

2009.44278

Recording Date

6/25/2008

Transaction Details

Silent Running Inc borrowed the property from Capital Certified Development Corporatio through a Arms length residential transactions purchase or resales transaction on 6/25/2008 for $1,469,000.

Property constructed in 2017

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$35,610,624	$170,401,739	$206,012,363	$206,012,363	607 W 3rd St Llc	2500 Longview St Uni...	Lot 5-8 Block 188 Or...	CBD	S01511	35,328	627,984
2025	$20,666,880	$179,774,445	$200,441,325	$200,441,325	607 W 3rd St Llc	2500 Longview St Uni...	Lot 5-8 Block 188 Or...	CBD	S01511	35,328	627,984
2024	$20,666,880	$205,077,007	$225,743,887	$225,743,887	607 W 3rd St Llc	609a Wood St	Lot 5-8 Block 188 Or...	CBD	S01511	35,327	627,984
2023	$20,493,773	$241,506,227	$262,000,000	$262,000,000	Kuhn Michael J	C/o Austin West Thir...	Lot 5-8 Block 188 Or...	CBD	S01511	35,327	627,984
2022	$20,493,773	$266,506,227	$287,000,000	$287,000,000	Kuhn Michael J	C/o Austin West Thir...	Lot 5-8 Block 188 Or...	CBD	S01511	35,327	627,984
2021	$20,494,656	$248,605,344	$269,100,000	$269,100,000	Kuhn Michael J	C/o Austin West Thir...	Lot 5-8 Block 188 Or...	50CBD	S01511	35,327	627,984
2020	$20,494,656	$266,427,382	$286,922,038	$286,922,038	Kuhn Michael J	%tier Reit Inc., Att...	Lot 5-8 Block 188 Or...	50CBD	S01511	35,327	627,984
2019	$12,139,142	$212,110,858	$224,250,000	$224,250,000	Kuhn Michael J	%tier Reit Inc., Att...	Lot 5-8 Block 188 Or...	50CBD	S01511	35,327	627,984
2018	$9,384,883	$46,377,247	$55,762,130	$55,762,130	Kuhn Michael J	Po Box 602	Lot 5-8 Block 188 Or...	50CBD	S01511	35,327	627,984
2017	$9,384,883	$500,000	$9,884,883	$9,884,883	Kuhn Michael J	Po Box 602	Lot 5-8 Block 188 Or...	50CBD	S01511	35,327	-

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
208 Nueces St, Austin, TX 78701	104330	Office	Office Building High Rise 5+ stories	607 W 3rd St Llc	Travis	-	$ 7,894,737	2015-06-01	$ 12.57	2017	627,984	-
13785 Research Blvd, Austin, TX 78750	R496857	Office	Office Building High Rise 5+ stories	Fpg Aspen Lake Owner Lp	Williamson	13.9	$ 44,791,645	2025-08-06	$ 94.40	2007	474,472	-
1301 S Mo Pac Expy, Austin, TX 78746	455135	Office	Office Building High Rise 5+ stories	G&i Vii Barton Skyway Lp	Travis	2.3	$ 46,550,000	2025-08-14	$ 203.49	2001	228,753	-
1250 S Capital Of Tx Hy, Austin, TX 78746	111182	Office	Office Building High Rise 5+ stories	Atx Office Owner 5 Lp	Travis	4.5	$ 44,838,232	2025-11-13	$ 156.29	1983	286,889	-
3100 S Gessner Rd Ste920, Houston, TX 77063	1093870000005	Office	Office Building High Rise 5+ stories	Gessner Prntrs Ltd	Harris	138.1	$ 3,059,000	2025-07-09	$ 10.62	1981	287,972	920
840 Gessner Rd 937, Houston, TX 77024	1193790010001	Office	Office Building High Rise 5+ stories	Memorial City 840 Llc	Harris	137.1	$ 59,850,000	2024-09-24	$ 174.53	1998	342,920	937
717 Texas St, Houston, TX 77002	0010590000001	Office	Office Building High Rise 5+ stories	717 Texas Lp Hines Interests Lp	Harris	147.8	$ 100,000,000	2025-03-04	$ 84.56	2002	1,182,525	-
4265 San Felipe St, Houston, TX 77027	0813180000012	Office	Office Building High Rise 5+ stories	Dml 4265 San Felipe Llc	Harris	143.1	$ 31,122,000	2024-09-30	$ 139.22	1983	223,545	-
15021 Katy Fwy, Houston, TX 77094	1303140010001	Office	Office Building High Rise 5+ stories	Ec Owner 1 Lp Invesco Advisors Inc	Harris	130.8	$ 29,925,000	2025-08-04	$ 117.90	2008	253,822	-
3600 W Sam Houston Pky S, Houston, TX 77042	1356710010001	Office	Office Building High Rise 5+ stories	Columbia Texas Westchase Park Land Llc	Harris	137.1	$ 55,727,000	2025-05-27	$ 190.99	2014	291,784	-
2425 W Loop S, Houston, TX 77027	0451400060400	Office	Office Building High Rise 5+ stories	Houston 2425 Galleria Llc National Bank Of Kuwait Michael Carter	Harris	142.8	$ 16,625,000	2025-02-12	$ 57.89	1979	287,207	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	208 Nueces St, Austin, TX 78701	—	-	35,327	2017	627,984	$ 200,441,325	$ 20,666,880	-
Jpmorgan Chase Bank Na	212 Lavaca St, Austin, TX 78701	09/04/2025	$ 144,000,000	3,646	2010	39,023	$ 14,219,926	$ 820,069	Rhp Block 21 Llc
Bank Of America Na	1880 Dairy Ashford St, Houston, TX 77077	07/24/2025	$ 3,995,000	221,285	1983	168,970	$ 7,312,879	$ 1,327,710	Concordance Realty Llc
Woodforest National Bank	950 University Ave W, Georgetown, TX 78626	07/18/2025	$ 4,200,000	173,804	2005	27,288	$ 6,000,000	$ 3,168,455	Tpi Copper Oaks Llc
Keystone Bank Ssb	201 Cr 138, Hutto, TX 78634	06/23/2025	$ 9,000,000	127,718	2023	35,592	$ 10,054,545	$ 802,069	Pflugerville Mob Partners Llc
Transamerica Life Insurance Co	575 N Dairy Ashford Rd, Houston, TX 77079	06/17/2025	$ 23,500,000	189,473	2007	321,338	$ 47,000,000	$ 10,657,856	Gvaoii 575 Dairy Ashford Llc
Standard Insurance Company	275 Se Inner Loop, Georgetown, TX 78626	05/01/2025	$ 4,000,000	130,027	2019	22,000	$ 4,106,477	$ 1,038,414	Inner Visions Llc
Gsf 20231 Llc	1900 Aldrich St, Austin, TX 78722	04/15/2025	$ 27,500,000	7,815	2020	20,000	$ 11,900,000	$ 351,631	Nineteen Hundred Alpha Llc
Midfirst Bank	15915 Katy Fwy, Houston, TX 77094	03/18/2025	$ 8,000,000	157,120	1983	108,336	$ 8,988,969	$ 2,946,000	15915 Katy Fwy Llc
Wells Fargo Bank Na	900 Threadneedle St, Houston, TX 77079	03/18/2025	$ 61,125,000	143,717	1982	206,714	$ 17,523,832	$ 4,311,510	Lffp Ashford Borrower Llc
First Natl Bankcentral Texas	1105 Wooded Acres Dr, Waco, TX 76710	01/21/2025	$ 500,000	155,557	1987	81,732	$ 7,100,000	$ 1,878,340	One Wooded Acres Plaza Llc

Mean$ 23,084,057

Median$ 6,966,962.5

Loan Amount Range$ 500,000 - $ 144,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

PE1055457

LIQUOR

Issued By

LIQUOR

State Authority

Issue Date

5/29/2019

Original Issuance

Expire Date

5/28/2021

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ALMANAC 13 LLC
	Address Line	67 cross st
	City / State / Zip	austin TX 78702
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48453
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78702
Registration Details	SOS Code

License Timeline

License Issued

5/29/2019

Currently Active

Status: -

Renewal Required

5/28/2021

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