2208 LAKE AUSTIN BLVD TX 78703
| Owner | 2208 LAKE AUSTIN LLC |
|---|---|
| Parcel ID | 0110060407 |
| Short ID | 109413 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,735 SF |
| Land SF | 8,192 SF |
| Acres | 0.188 |
| Year Built | 2018 |
| Legal | LOT 5 BLK 4 JOHNSON CHARLES ADDN |
| Neighborhood | 53CEN |
| Land | $811,008 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $811,008 |
| Improvement | $1,235,331 |
|---|---|
| Total Improvement | $1,235,331 |
| Market | $2,046,339 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,046,339 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,046,339 |
| Taxable Value | $2,046,339 |
|---|
Appreciation: Market value has fallen -16.8% from $2,460,000 (2021) to $2,046,339 (2025), a CAGR of -4.5% over 4 years. Growth has been relatively flat for this asset class. 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 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 $41,878. 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 40% of market value ($811,008 land vs $1,235,331 improvements), about $99/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,046,339, this parcel sits in the upper-middle (50th–75th 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 -4.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,625,664 by 2030, with an estimated annual tax burden around $30,623. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 1,494 SF | ✗ |
| 2ND | 2nd Floor | 1,301 SF | ✓ |
| 3RD | 3rd Floor | 1,301 SF | ✓ |
| 1ST | 1st Floor | 1,133 SF | ✓ |
| 541 | FENCE COMM LF | 80 SF | ✗ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 276 | ELEVATOR COM PAS | 3 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +894 |
| Travis County | 0.3444% | 0.3758% | +604 |
| Austin ISD | 0.9505% | 0.9252% | -487 |
| Travis Central Health | 0.1080% | 0.1180% | +194 |
| Austin Community College | 0.1013% | 0.1034% | +40 |
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% | $17,810.10 | $17,578.80 | $231.30 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,087.33 | $9,956.32 | $131.01 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,235.02 | $7,141.06 | $93.96 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,271.94 | $2,242.44 | $29.50 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,990.45 | $1,964.60 | $25.85 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,394.84 | $38,883.22 | $511.62 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,046,339 | $2,046,339 | +0.0% |
| Assessed Value | $2,046,339 | $2,046,339 | +0.0% |
| Land Value | $811,008 | $811,008 | +0.0% |
| Improvement Value | $1,235,331 | $1,235,331 | +0.0% |
| Taxable Value | $2,046,339 | $2,046,339 | +0.0% |
| Total Tax 2026 = estimate |
~$41,878
Estimated
|
$39,395 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,097,009 | $2,046,339 | -1,050,670 (-33.9%) |
| Taxable Value | $2,310,000 | $2,046,339 | -263,661 (-11.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,046,339 | $811,008 | $1,235,331 | — | $2,046,339 | $2,046,339 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,046,339 | $811,008 | $1,235,331 | — | $2,046,339 | $2,046,339 | $39,395 | Verified |
| 2024 | $3,200,000 | — | — | −$2,388,992 | $811,008 | $— | $48,808 | Verified |
| 2023 | $2,868,300 | — | — | −$2,057,292 | $811,008 | $— | $57,896 | Verified |
| 2022 | $2,440,000 | — | — | −$1,628,992 | $811,008 | $— | $56,647 | Verified |
| 2021 | $2,460,000 | — | — | −$1,648,992 | $811,008 | $— | $53,390 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +51.3% | +12.9% | 74.6% | Not available | Partial |
| 2025 | -16.9% | -16.9% | ~100% | 1.9300% | Verified |
| 2024 | -23.0% | -23.0% | ~100% | 1.9800% | Verified |
| 2023 | +11.6% | +11.6% | ~100% | 1.8100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -24.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -1.5% | -4.5% | +17.6% | 2023 | -36.1% | 2025 |
| Assessment Ratio | 100.0% | 53.3% | — | 100.0% | 2025 | 25.3% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
| Tax Amount | $39,395 | $51,227 | ~$34,863 | $57,896 | 2023 | $39,395 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,954,286 | ~$1,954,286 | ~2.0139% | ~$39,358 | -4.5% |
| 2027 | ~$1,866,375 | ~$1,866,375 | ~1.9814% | ~$36,980 | -8.8% |
| 2028 | ~$1,782,417 | ~$1,782,417 | ~1.9488% | ~$34,736 | -12.9% |
| 2029 | ~$1,702,237 | ~$1,702,237 | ~1.9163% | ~$32,620 | -16.8% |
| 2030 | ~$1,625,664 | ~$1,625,664 | ~1.8837% | ~$30,623 | -20.6% |
| 2026 | ~$1,944,022 | ~$1,944,022 | ~2.0465% | ~$39,784 | -5.0% |
| 2027 | ~$1,846,821 | ~$1,846,821 | ~2.0465% | ~$37,795 | -9.7% |
| 2028 | ~$1,754,480 | ~$1,754,480 | ~2.0465% | ~$35,905 | -14.3% |
| 2029 | ~$1,666,756 | ~$1,666,756 | ~2.0465% | ~$34,110 | -18.5% |
| 2030 | ~$1,583,418 | ~$1,583,418 | ~2.0465% | ~$32,404 | -22.6% |
| 2026 | ~$1,995,213 | ~$1,995,213 | ~1.9977% | ~$39,858 | -2.5% |
| 2027 | ~$1,945,365 | ~$1,945,365 | ~1.9488% | ~$37,912 | -4.9% |
| 2028 | ~$1,896,761 | ~$1,896,761 | ~1.9000% | ~$36,039 | -7.3% |
| 2029 | ~$1,849,373 | ~$1,849,373 | ~1.8512% | ~$34,235 | -9.6% |
| 2030 | ~$1,803,168 | ~$1,803,168 | ~1.8024% | ~$32,500 | -11.9% |
In 2025, this property's market value of $2,046,339 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +44% above 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 | $2,046,339 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,868,300 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,440,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,460,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.