SWEETWATER VILLAGE DR 78738
| Owner | MATTHEWS-BARNES BROTHERS INVESTMENTS II LP |
|---|---|
| Parcel ID | 0118871001 |
| Short ID | 978934 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 131,175 SF |
| Land SF | 1,588,315 SF |
| Acres | 36.463 |
| Year Built | 2022 |
| Legal | SWEETWATER CROSSING RPLT LT 9 BLK A LOT 9A |
| Neighborhood | WES |
| Land | $5,717,934 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,717,934 |
| Improvement | $19,090,643 |
|---|---|
| Total Improvement | $19,090,643 |
| Market | $24,808,577 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,808,577 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,808,577 |
| Taxable Value | $24,808,577 |
|---|
Tax Burden: The combined rate across 5 taxing entities is 2.6240% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $650,969. Lake Travis ISD is the largest single contributor, at 39.6% 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 23% of market value ($5,717,934 land vs $19,090,643 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,808,577, this parcel sits in the top quartile (≥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.
No delinquent taxes on record.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 289,000 SF | ✗ |
| 1ST | 1st Floor | 131,175 SF | ✓ |
| 501 | CANOPY | 20,500 SF | ✗ |
| 482 | LIGHT POLES | 15 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $257,934.78 | $257,934.78 | Paid |
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $248,085.77 | $248,085.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $93,241.80 | $93,241.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29,279.83 | $29,279.83 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $22,426.71 | $22,426.71 | Paid |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $650,968.89 | $650,968.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,808,577 | $24,808,577 | +0.0% |
| Assessed Value | $24,808,577 | $24,808,577 | +0.0% |
| Land Value | $5,717,934 | $5,717,934 | +0.0% |
| Improvement Value | $19,090,643 | $19,090,643 | +0.0% |
| Taxable Value | $24,808,577 | $24,808,577 | +0.0% |
| Total Tax 2026 = estimate |
~$650,969
Estimated
|
~$650,969
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,062,232 | $24,808,577 | -2,253,655 (-8.3%) |
| Taxable Value | $27,062,232 | $24,808,577 | -2,253,655 (-8.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,808,577 | $5,717,934 | $19,090,643 | — | $24,808,577 | $24,808,577 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,808,577 | $5,717,934 | $19,090,643 | — | $24,808,577 | $24,808,577 | ~$650,969 | Partial |
| 2024 | $— | — | — | — | $5,717,934 | $— | $667,344 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.1% | +9.1% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | 2.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | — | +0.0% | 2026 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.6200% | 2.6200% | — | 2.6200% | 2025 | 2.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$650,969 | $650,969 | — | $650,969 | 2025 | $650,969 | 2025 |
In 2025, this property's market value of $24,808,577 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 18× 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 | $24,808,577 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
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.