1801 WESTLAKE DR TX 78746
| Owner | 1801 WESTLAKE DRIVE VENTURE LLC |
|---|---|
| Parcel ID | 0119130707 |
| Short ID | 119887 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 19,416 SF |
| Land SF | 84,855 SF |
| Acres | 1.948 |
| Year Built | 1962 |
| Legal | LOT 1 WESTLAKE COVE ADDN |
| Neighborhood | 06ENS |
| Land | $1,803,166 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,803,166 |
| Improvement | $1,400,474 |
|---|---|
| Total Improvement | $1,400,474 |
| Market | $3,203,640 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,203,640 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,203,640 |
| Taxable Value | $3,203,640 |
|---|
Appreciation: Market value has risen +22.2% from $2,621,160 (2021) to $3,203,640 (2025), a CAGR of 5.1% 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.6379% in 2025 (-0.0111% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $52,471. Eanes ISD is the largest single contributor, at 51.8% of the total 2025 levy.
Asset Class: Multi-family residential. 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 56% of market value ($1,803,166 land vs $1,400,474 improvements), about $21/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,203,640, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +5.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,117,005 by 2030, with an estimated annual tax burden around $60,806. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 9,998 SF | ✓ |
| 1ST | 1st Floor | 9,417 SF | ✓ |
| 611 | TERRACE | 2,330 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,103 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,865 SF | ✗ |
| 601 | POOL COMM'L | 370 SF | ✗ |
| 581C | STORAGE ATT COMM | 328 SF | ✓ |
| 131 | PLBG 5-FIXT INF | 1 SF | ✓ |
| 241 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $26,660.69 | $26,660.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,040.72 | $12,040.72 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $4,707.18 | $4,707.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,781.03 | $3,781.03 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $2,428.36 | $2,428.36 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $1,896.55 | $1,896.55 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $51,514.53 | $51,514.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,300,720 | $3,203,640 | +3.0% |
| Assessed Value | $3,300,720 | $3,203,640 | +3.0% |
| Land Value | $1,803,166 | $1,803,166 | +0.0% |
| Improvement Value | $1,497,554 | $1,400,474 | +6.9% |
| Taxable Value | $3,300,720 | $3,203,640 | +3.0% |
| Total Tax 2026 = estimate |
~$54,061
Estimated
|
~$51,515
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,300,720 | $3,300,720 | +0 (+0.0%) |
| Taxable Value | $3,300,720 | $3,300,720 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,300,720 | $1,803,166 | $1,497,554 | — | $3,300,720 | $3,300,720 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,203,640 | $1,803,166 | $1,400,474 | — | $3,203,640 | $3,203,640 | ~$51,515 | Partial |
| 2024 | $3,106,560 | — | — | −$1,303,394 | $1,803,166 | $— | $48,658 | Verified |
| 2023 | $2,912,400 | — | — | −$1,109,234 | $1,803,166 | $— | $49,014 | Verified |
| 2022 | $2,621,160 | — | — | −$817,994 | $1,803,166 | $— | $49,047 | Verified |
| 2021 | $2,621,160 | — | — | −$817,994 | $1,803,166 | $— | $45,880 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2024 | -3.1% | -3.1% | ~100% | 1.6200% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.5800% | Verified |
| 2022 | +11.1% | +11.1% | ~100% | 1.6800% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | +4.8% | +4.5% | +11.1% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 76.2% | — | 100.0% | 2025 | 58.0% | 2024 |
| Effective Tax Rate (2025) | 1.6100% | 1.6100% | — | 1.6100% | 2025 | 1.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$51,515 | $48,823 | ~$57,422 | $51,515 | 2025 | $45,880 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,368,459 | ~$3,368,459 | ~1.6057% | ~$54,086 | +5.1% |
| 2027 | ~$3,541,757 | ~$3,541,757 | ~1.5735% | ~$55,729 | +10.6% |
| 2028 | ~$3,723,971 | ~$3,723,971 | ~1.5413% | ~$57,398 | +16.2% |
| 2029 | ~$3,915,560 | ~$3,915,560 | ~1.5091% | ~$59,091 | +22.2% |
| 2030 | ~$4,117,005 | ~$4,117,005 | ~1.4769% | ~$60,806 | +28.5% |
| 2026 | ~$3,304,386 | ~$3,304,386 | ~1.6379% | ~$54,121 | +3.1% |
| 2027 | ~$3,408,300 | ~$3,408,300 | ~1.6379% | ~$55,823 | +6.4% |
| 2028 | ~$3,515,483 | ~$3,515,483 | ~1.6379% | ~$57,578 | +9.7% |
| 2029 | ~$3,626,035 | ~$3,626,035 | ~1.6379% | ~$59,389 | +13.2% |
| 2030 | ~$3,740,065 | ~$3,740,065 | ~1.6379% | ~$61,257 | +16.7% |
| 2026 | ~$3,432,532 | ~$3,432,532 | ~1.5896% | ~$54,563 | +7.1% |
| 2027 | ~$3,677,777 | ~$3,677,777 | ~1.5413% | ~$56,686 | +14.8% |
| 2028 | ~$3,940,545 | ~$3,940,545 | ~1.4930% | ~$58,834 | +23.0% |
| 2029 | ~$4,222,086 | ~$4,222,086 | ~1.4448% | ~$60,999 | +31.8% |
| 2030 | ~$4,523,743 | ~$4,523,743 | ~1.3965% | ~$63,173 | +41.2% |
In 2025, this property's market value of $3,203,640 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $3,203,640 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,106,560 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,912,400 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,621,160 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,621,160 | $300,453 | $376,850 | $539,896 | ↑ 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.