2215 WESTLAKE DR TX 78746
| Owner | LAKE AUSTIN MARINA I L P |
|---|---|
| Parcel ID | 0119090318 |
| Short ID | 119693 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 18,778 SF |
| Land SF | 207,883 SF |
| Acres | 4.772 |
| Year Built | 1984 |
| Legal | LOT 1-3 ST TROPEZ YACHT CLUB AND MARINA |
| Neighborhood | 95AUSTIN |
| Land | $2,136,254 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,136,254 |
| Improvement | $1,519,499 |
|---|---|
| Total Improvement | $1,519,499 |
| Market | $3,655,753 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,655,753 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,655,753 |
| Exemptions (−) | −$21,656 |
|---|---|
| Taxable Value | $3,634,097 |
Appreciation: Market value has risen +22.5% from $2,983,700 (2021) to $3,655,753 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 6 taxing entities is 2.0293% in 2025 (+0.0415% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $73,746. Eanes ISD is the largest single contributor, at 43.1% 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 58% of market value ($2,136,254 land vs $1,519,499 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,655,753, 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.
Forward Outlook: Holding the +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,712,528 by 2030, with an estimated annual tax burden around $82,247. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 65,200 SF | ✗ |
| SO | Sketch Only | 37,104 SF | ✗ |
| 1ST | 1st Floor | 11,895 SF | ✓ |
| 511 | DECK | 7,601 SF | ✗ |
| 2ND | 2nd Floor | 6,819 SF | ✓ |
| 611 | TERRACE | 5,664 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,524 SF | ✗ |
| 571C | STORAGE DET COMM | 336 SF | ✓ |
| 327 | STORAGE COMM'L | 192 SF | ✓ |
| 3RD | 3rd Floor | 64 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 62 SF | ✓ |
| 501 | CANOPY | 48 SF | ✗ |
| 581C | STORAGE ATT COMM | 48 SF | ✓ |
| 521 | FIREPLACE | 2 SF | ✓ |
| MISC | Miscellaneous | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $30,242.96 | $30,242.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,259.68 | $18,259.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,658.57 | $13,658.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,289.07 | $4,289.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,603.03 | $3,603.03 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $108.55 | $108.55 | Paid |
| Combined Rate | 2.2565% | 2.0555% | 1.9112% | 1.9878% | 2.0293% | +0.0415% | $70,161.86 | $70,161.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,655,753 | $3,655,753 | +0.0% |
| Assessed Value | $3,655,753 | $3,655,753 | +0.0% |
| Land Value | $2,136,254 | $2,136,254 | +0.0% |
| Improvement Value | $1,519,499 | $1,519,499 | +0.0% |
| Taxable Value | $3,634,097 | $3,634,097 | +0.0% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$73,746
Estimated
|
~$70,162
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,443,766 | $3,655,753 | -788,013 (-17.7%) |
| Taxable Value | $4,365,248 | $3,634,097 | -731,151 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,655,753 | $2,136,254 | $1,519,499 | — | $3,655,753 | $3,634,097 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,655,753 | $2,136,254 | $1,519,499 | — | $3,655,753 | $3,634,097 | ~$70,162 | Partial |
| 2024 | $3,512,496 | — | — | — | — | $— | $68,916 | Verified |
| 2023 | $3,200,000 | — | — | — | — | $— | $63,876 | Verified |
| 2022 | $2,983,700 | — | — | −$904,870 | $2,078,830 | $— | $62,742 | Verified |
| 2021 | $2,983,700 | — | — | −$904,870 | $2,078,830 | $— | $64,096 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.6% | +20.0% | 98.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +4.1% | +4.1% | ~100% | 1.8900% | Verified |
| 2023 | -5.2% | -5.2% | ~100% | 1.8200% | Verified |
| 2022 | +24.1% | +24.1% | ~100% | 1.6900% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.2% | +5.2% | +9.8% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 84.8% | — | 100.0% | 2025 | 69.7% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$70,162 | $65,958 | ~$79,098 | $70,162 | 2025 | $62,742 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,846,204 | ~$3,846,204 | ~1.9725% | ~$75,866 | +5.2% |
| 2027 | ~$4,046,576 | ~$4,046,576 | ~1.9157% | ~$77,520 | +10.7% |
| 2028 | ~$4,257,387 | ~$4,257,387 | ~1.8589% | ~$79,140 | +16.5% |
| 2029 | ~$4,479,180 | ~$4,479,180 | ~1.8021% | ~$80,719 | +22.5% |
| 2030 | ~$4,712,528 | ~$4,712,528 | ~1.7453% | ~$82,247 | +28.9% |
| 2026 | ~$3,773,089 | ~$3,773,089 | ~2.0293% | ~$76,567 | +3.2% |
| 2027 | ~$3,894,190 | ~$3,894,190 | ~2.0293% | ~$79,024 | +6.5% |
| 2028 | ~$4,019,178 | ~$4,019,178 | ~2.0293% | ~$81,561 | +9.9% |
| 2029 | ~$4,148,179 | ~$4,148,179 | ~2.0293% | ~$84,178 | +13.5% |
| 2030 | ~$4,281,319 | ~$4,281,319 | ~2.0293% | ~$86,880 | +17.1% |
| 2026 | ~$3,919,319 | ~$3,919,319 | ~1.9441% | ~$76,195 | +7.2% |
| 2027 | ~$4,201,886 | ~$4,201,886 | ~1.8589% | ~$78,108 | +14.9% |
| 2028 | ~$4,504,826 | ~$4,504,826 | ~1.7737% | ~$79,902 | +23.2% |
| 2029 | ~$4,829,607 | ~$4,829,607 | ~1.6885% | ~$81,548 | +32.1% |
| 2030 | ~$5,177,803 | ~$5,177,803 | ~1.6033% | ~$83,016 | +41.6% |
In 2025, this property's market value of $3,655,753 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +158% 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 | $3,655,753 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,512,496 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,983,700 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,983,700 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.