The Tower

Two regimes behind one door § 01

500 Throckmorton is a single building on the street but two condominiums on paper. Tarrant Appraisal District’s 2026 residential file splits it into Tower Residential Condo I (138 unit accounts, PIDN prefix 42373C) and Tower Residential II Condo (150 unit accounts, prefix 42372C), for 288 homes in all. The II file also holds two records with no year built, one of them carried at $1; they aren’t homes and are left out of every count here.

Each legal description ends with the unit’s percentage of common area, from fractions of a percent (0.54% on Residential I lot 2001, 0.57% on Residential II lot 1508) up to 2.77% on Residential I lot 3602. That share is what sets an owner’s slice of the assessments, so it’s worth reading before a buyer compares two units on square footage alone.

Source: Tarrant Appraisal District 2026 residential file (PropertyData_R, file dated Oct 3, 2026), class C accounts with legal descriptions “TOWER RESIDENTIAL CONDO I” and “TOWER RESIDENTIAL II CONDO”.

Where TAD puts the values § 02

Across all 288 homes, the 2026 total values start at $140,248 and top out at $1,180,000, with a median of $352,235. Split by regime, the gap is plain: Residential I has a median of $418,042 and every account above a million (four of them, lots 3206, 3309, 3601 and 3602), while Residential II peaks at $720,145 around a $322,342 median. Divided by TAD living area, values run about $159 to $461 a square foot, with $352 in the middle.

Living areas range from 400.5 sf in II to 5,580 sf in I. Twenty homes are under 800 sf and 22 are 2,000 sf or larger, so this is one of the few downtown addresses where a starter studio and a combined penthouse share a lobby. Thirty-five accounts show a deed dated on or after Oct 3, 2025 (19 in I, 16 in II). Those are deed filings, not prices; Texas is a non-disclosure state, and these figures are tax appraisals.

Source: Tarrant Appraisal District 2026 residential file (file dated Oct 3, 2026): Total_Value, Living_Area and Deed_Date fields, 288 unit accounts.

A 1972 shell, a 2005 condominium § 03

TAD assigns 1972 as the year built on all 288 homes. The ownership structure came much later: the Residential II declaration is Tarrant County Clerk document D205078021, and the Residential I declaration is D205120223, both recorded in 2005. II was amended three times that year (D205080742, D205139264, D205263014). I was amended in 2005 (D205263013, D205343943) and again in 2009 (D209151300). So the “conv. 2005” label reflects the recorded regimes, not the concrete. Mechanical, facade and plumbing questions belong to a structure more than fifty years old.

Source: recorded management certificates D225008120 (Residential I) and D225011216 (Residential II), Tarrant County Clerk, via the Texas HOA Management Certificate registry (hoa.texas.gov), opened Oct 14, 2026; TAD 2026 Year_Built field.

FirstService runs both associations § 04

The Tower Residential I Condominium Association, Inc. and The Tower Residential II Condominium Association, Inc. each filed a new certificate in January 2025 (recorded Jan 16 and Jan 22). Both name FirstService Residential Texas, Inc., 14951 North Dallas Pkwy., Suite 600, Dallas, as manager, and both point owners to TheTower.connectresident.com.

The certificates set the same closing-time fees: a $340 transfer fee, a resale disclosure package of $375 (6–10 days) to $500 (1–2 days), a $75 update within 60 days, and a working-capital contribution equal to 1.5 months of dues. Neither document states the dues themselves, so this file leaves them blank; get the current budget from the resale package.

Source: Tarrant County Clerk D225008120 and D225011216, via hoa.texas.gov, opened Oct 14, 2026.

Taxing units on the record § 05

Every one of the 288 accounts carries TAD city code 026 (City of Fort Worth) and school code 905 (Fort Worth ISD), plus Tarrant County. The school code names the district only; check the assigned elementary, middle and high campuses in FWISD’s School Site Locator before relying on any of them.

Source: Tarrant Appraisal District 2026 residential file (file dated Oct 3, 2026), City and School fields; FWISD School Site Locator, schoolsitelocator.com/apps/fortworth.

What to weigh here § 06

• Which side of the building. Two associations means two declarations, two budgets and two reserve positions. A unit in I and a unit in II on the same corridor can carry different rules; ask for the right set.
• Age underneath the finishes. The 1972 county year matters more than any renovation photo. Ask the association for the reserve study and recent capital projects.
• Size range cuts both ways. Sub-800 sf homes give downtown a lower entry point by appraisal, but twenty near-identical small homes also means a buyer is usually choosing among close substitutes, so floor, view and the common-area share do the separating.

Around the building § L

Sundance Square's plaza is the address's amenity; Bass Hall and the downtown calendar operate within four blocks.

Full community file: parks, trails, and the 2026 calendar →

Head to head § H

Comparing The Tower with the Omni residences up the street? The head-to-head file sets both TAD 2026 records and association certificates side by side. Read The Tower vs Omni Fort Worth Residences.

Comparable buildings § N

Chosen from the registry by district, certified-roll value band, era, and building form — the files a buyer shortlisting this building most often reads next.

Sources & method § S

Sources & method. Unit counts, values and year built come from the TAD 2026 certified roll (as of Oct 3, 2026). HOA name comes from the Texas HOA Management Certificate registry. Texas is a non-disclosure state, so no sale prices are shown. Full methodology

Related files § R

Next door on the registry: other condos near Sundance Square.