WHITESTONE BLVD
| Owner | RETAIL AT NEW HOPE LLC |
|---|---|
| Parcel ID | 0197400504 |
| Short ID | 964716 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 20,672 SF |
| Land SF | 168,012 SF |
| Acres | 3.857 |
| Year Built | 2023 |
| Legal | CEDAR PARK NEW HOPE SUBD BLD A UNT 2 |
| Neighborhood | NW3 |
| Land | $840,060 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $840,060 |
| Improvement | $2,936,027 |
|---|---|
| Total Improvement | $2,936,027 |
| Market | $3,776,087 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,776,087 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,776,087 |
| Taxable Value | $3,776,087 |
|---|
Appreciation: Market value has risen +349.5% from $840,060 (2023) to $3,776,087 (2025), a CAGR of 112.0% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 fell -0.0%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0442% in 2025 (+0.0406% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $77,190. Leander ISD is the largest single contributor, at 53.2% 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 22% of market value ($840,060 land vs $2,936,027 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,776,087, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +59.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $35,791,237 by 2031, with an estimated annual tax burden around $597,948. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 1ST | 1st Floor | 20,672 SF | ✓ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $41,042.29 | $41,042.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,192.23 | $14,192.23 | Paid |
| CCP City of Cedar Park | 0.4320% | 0.3900% | 0.3700% | 0.3630% | 0.3600% | -0.0030% | $13,593.91 | $13,593.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,456.65 | $4,456.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,904.47 | $3,904.47 | Paid |
| Combined Rate | 2.3430% | 2.1802% | 1.9826% | 2.0036% | 2.0442% | +0.0406% | $77,189.55 | $77,189.55 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $41,042.29 | 53.2% |
| TCO Travis County | 0.3758% | $14,192.23 | 18.4% |
| CCP City of Cedar Park | 0.3600% | $13,593.91 | 17.6% |
| THD Travis Central Health | 0.1180% | $4,456.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,904.47 | 5.1% |
| Total | 2.0442% | $77,189.55 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,430,522 | $3,776,087 | -9.2% |
| Assessed Value | $3,430,522 | $3,776,087 | -9.2% |
| Land Value | $840,060 | $840,060 | +0.0% |
| Improvement Value | $2,590,462 | $2,936,027 | -11.8% |
| Taxable Value | $3,430,522 | $3,776,087 | -9.2% |
| Total Tax 2026 = estimate |
~$70,126
Estimated
|
~$77,190
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,430,522 | $840,060 | $2,590,462 | — | $3,430,522 | $3,430,522 | Not yet — post-cert | Preliminary |
| 2025 | $3,776,087 | $840,060 | $2,936,027 | — | $3,776,087 | $3,776,087 | ~$77,190 | Partial |
| 2024 | $840,060 | $840,060 | — | — | $840,060 | $840,060 | $16,832 | Verified |
| 2023 | $840,060 | $840,060 | — | — | $840,060 | $840,060 | $16,655 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2025 | +349.5% ! | +349.5% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +349.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.2% | +113.4% | +59.8% | +349.5% | 2025 | -9.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$77,190 | $36,892 | ~$303,560 | $77,190 | 2025 | $16,655 | 2023 |
Market value changed by 350% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,483,319 | ~$5,483,319 | ~1.9695% | ~$107,992 | +59.8% |
| 2028 | ~$8,764,493 | ~$8,764,493 | ~1.8948% | ~$166,066 | +155.5% |
| 2029 | ~$14,009,096 | ~$14,009,096 | ~1.8201% | ~$254,974 | +308.4% |
| 2030 | ~$22,392,027 | ~$22,392,027 | ~1.7454% | ~$390,821 | +552.7% |
| 2031 | ~$35,791,237 | ~$35,791,237 | ~1.6707% | ~$597,948 | +943.3% |
| 2027 | ~$5,414,709 | ~$5,414,709 | ~2.0442% | ~$110,686 | +57.8% |
| 2028 | ~$8,546,533 | ~$8,546,533 | ~2.0442% | ~$174,705 | +149.1% |
| 2029 | ~$13,489,779 | ~$13,489,779 | ~2.0442% | ~$275,754 | +293.2% |
| 2030 | ~$21,292,159 | ~$21,292,159 | ~2.0442% | ~$435,248 | +520.7% |
| 2031 | ~$33,607,374 | ~$33,607,374 | ~2.0442% | ~$686,991 | +879.7% |
| 2027 | ~$5,551,929 | ~$5,551,929 | ~1.9321% | ~$107,270 | +61.8% |
| 2028 | ~$8,985,198 | ~$8,985,198 | ~1.8201% | ~$163,536 | +161.9% |
| 2029 | ~$14,541,573 | ~$14,541,573 | ~1.7080% | ~$248,371 | +323.9% |
| 2030 | ~$23,533,966 | ~$23,533,966 | ~1.5960% | ~$375,591 | +586.0% |
| 2031 | ~$38,087,182 | ~$38,087,182 | ~1.4839% | ~$565,175 | +1010.2% |
In 2025, this property's market value of $3,776,087 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +173% above the county median of $1,382,921. 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 | $3,776,087 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $840,060 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $840,060 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2023–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |