2508 ASHLEY WORTH BLVD TX 78733
| Owner | 2508 ASHLEY WORTH LIMITED |
|---|---|
| Parcel ID | 0121530155 |
| Short ID | 473981 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,130 SF |
| Land SF | 42,928 SF |
| Acres | 0.985 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A STRAWN SUBD |
| Neighborhood | 52FSWE |
| Land | $643,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $643,920 |
| Improvement | $2,211,327 |
|---|---|
| Total Improvement | $2,211,327 |
| Market | $2,855,247 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,855,247 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,855,247 |
| Taxable Value | $2,855,247 |
|---|
Appreciation: Market value has fallen -16.0% from $3,400,000 (2021) to $2,855,247 (2025), a CAGR of -4.3% 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 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $46,939. Lake Travis ISD is the largest single contributor, at 63.2% 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 23% of market value ($643,920 land vs $2,211,327 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,855,247, 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 -4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,295,354 by 2030, with an estimated annual tax burden around $32,705. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 21,280 SF | ✗ |
| 491 | SPRINKLER HEADS | 16,130 SF | ✗ |
| 2ND | 2nd Floor | 8,080 SF | ✓ |
| 1ST | 1st Floor | 8,050 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 3,185 SF | ✗ |
| 501 | CANOPY | 330 SF | ✗ |
| 541 | FENCE COMM LF | 45 SF | ✗ |
| 276 | ELEVATOR COM PAS | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $29,686.00 | $29,686.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,731.30 | $10,731.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,369.85 | $3,369.85 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,581.11 | $2,581.11 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $571.05 | $571.05 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $46,939.31 | $46,939.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,984,252 | $2,855,247 | +4.5% |
| Assessed Value | $2,984,252 | $2,855,247 | +4.5% |
| Land Value | $643,920 | $643,920 | +0.0% |
| Improvement Value | $2,340,332 | $2,211,327 | +5.8% |
| Taxable Value | $2,984,252 | $2,855,247 | +4.5% |
| Total Tax 2026 = estimate |
~$49,060
Estimated
|
~$46,939
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,984,252 | $2,984,252 | +0 (+0.0%) |
| Taxable Value | $2,984,252 | $2,984,252 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,984,252 | $643,920 | $2,340,332 | — | $2,984,252 | $2,984,252 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,855,247 | $643,920 | $2,211,327 | — | $2,855,247 | $2,855,247 | ~$46,939 | Partial |
| 2024 | $3,466,578 | — | — | −$2,822,658 | $643,920 | $— | $52,863 | Verified |
| 2023 | $3,601,827 | — | — | −$2,957,907 | $643,920 | $— | $54,860 | Verified |
| 2022 | $3,500,000 | — | — | −$2,856,080 | $643,920 | $— | $62,518 | Verified |
| 2021 | $3,400,000 | — | — | −$2,756,080 | $643,920 | $— | $63,675 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | -12.2% | -12.2% | ~100% | Not available | Partial |
| 2024 | -6.2% | -6.2% | ~100% | 1.6300% | Verified |
| 2023 | -3.8% | -3.8% | ~100% | 1.5800% | Verified |
| 2022 | +2.9% | +2.9% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | -2.2% | -5.1% | +4.5% | 2026 | -17.6% | 2025 |
| Assessment Ratio | 100.0% | 45.6% | — | 100.0% | 2025 | 17.9% | 2023 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$46,939 | $56,171 | ~$38,052 | $63,675 | 2021 | $46,939 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,733,285 | ~$2,733,285 | ~1.6001% | ~$43,736 | -4.3% |
| 2027 | ~$2,616,532 | ~$2,616,532 | ~1.5563% | ~$40,721 | -8.4% |
| 2028 | ~$2,504,767 | ~$2,504,767 | ~1.5125% | ~$37,884 | -12.3% |
| 2029 | ~$2,397,775 | ~$2,397,775 | ~1.4687% | ~$35,215 | -16.0% |
| 2030 | ~$2,295,354 | ~$2,295,354 | ~1.4248% | ~$32,705 | -19.6% |
| 2026 | ~$2,712,485 | ~$2,712,485 | ~1.6440% | ~$44,592 | -5.0% |
| 2027 | ~$2,576,860 | ~$2,576,860 | ~1.6440% | ~$42,363 | -9.8% |
| 2028 | ~$2,448,017 | ~$2,448,017 | ~1.6440% | ~$40,245 | -14.3% |
| 2029 | ~$2,325,617 | ~$2,325,617 | ~1.6440% | ~$38,232 | -18.5% |
| 2030 | ~$2,209,336 | ~$2,209,336 | ~1.6440% | ~$36,321 | -22.6% |
| 2026 | ~$2,790,390 | ~$2,790,390 | ~1.5782% | ~$44,039 | -2.3% |
| 2027 | ~$2,727,006 | ~$2,727,006 | ~1.5125% | ~$41,246 | -4.5% |
| 2028 | ~$2,665,061 | ~$2,665,061 | ~1.4467% | ~$38,557 | -6.7% |
| 2029 | ~$2,604,524 | ~$2,604,524 | ~1.3810% | ~$35,968 | -8.8% |
| 2030 | ~$2,545,362 | ~$2,545,362 | ~1.3153% | ~$33,478 | -10.9% |
In 2025, this property's market value of $2,855,247 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +101% 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 | $2,855,247 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,466,578 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,601,827 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,400,000 | $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.