5329 SERENE HILLS DR TX 78738
| Owner | SERENE HILLS COMMONS LP |
|---|---|
| Parcel ID | 0123830107 |
| Short ID | 823761 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 25,200 SF |
| Land SF | 170,973 SF |
| Acres | 3.925 |
| Year Built | 2017 |
| Legal | LOT 1 SERENE HILLS COMMERCIAL EAST SUBD |
| Neighborhood | 55FSW |
| Land | $1,094,227 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,094,227 |
| Improvement | $6,345,004 |
|---|---|
| Total Improvement | $6,345,004 |
| Market | $7,439,231 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,439,231 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,439,231 |
| Taxable Value | $7,439,231 |
|---|
Appreciation: Market value has risen +5.6% from $7,042,857 (2021) to $7,439,231 (2025), a CAGR of 1.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 7 taxing entities is 2.3596% in 2025 (+0.0234% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $175,537. Lake Travis ISD is the largest single contributor, at 44.1% 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 15% of market value ($1,094,227 land vs $6,345,004 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,439,231, 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 +1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,966,215 by 2030, with an estimated annual tax burden around $160,491. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 1ST | 1st Floor | 12,600 SF | ✓ |
| 2ND | 2nd Floor | 12,600 SF | ✓ |
| 611 | TERRACE | 2,898 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% | $77,345.68 | $77,345.68 | Paid |
| WSH WCID # 17 (Serene Hills) | 0.6250% | 0.5829% | 0.5513% | 0.5175% | 0.5100% | -0.0075% | $37,940.08 | $37,940.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,959.98 | $27,959.98 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $12,619.91 | $12,619.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,780.00 | $8,780.00 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $6,724.99 | $6,724.99 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $4,165.97 | $4,165.97 | Paid |
| Combined Rate | 2.6356% | 2.4819% | 2.3111% | 2.3362% | 2.3596% | +0.0234% | $175,536.61 | $175,536.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,257,789 | $7,439,231 | -2.4% |
| Assessed Value | $7,257,789 | $7,439,231 | -2.4% |
| Land Value | $1,094,227 | $1,094,227 | +0.0% |
| Improvement Value | $6,163,562 | $6,345,004 | -2.9% |
| Taxable Value | $7,257,789 | $7,439,231 | -2.4% |
| Total Tax 2026 = estimate |
~$171,255
Estimated
|
~$175,537
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,257,789 | $7,257,789 | +0 (+0.0%) |
| Taxable Value | $7,257,789 | $7,257,789 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,257,789 | $1,094,227 | $6,163,562 | — | $7,257,789 | $7,257,789 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,439,231 | $1,094,227 | $6,345,004 | — | $7,439,231 | $7,439,231 | ~$175,537 | Partial |
| 2024 | $7,900,000 | — | — | −$6,805,773 | $1,094,227 | $— | $179,032 | Verified |
| 2023 | $7,350,000 | — | — | −$6,255,773 | $1,094,227 | $— | $183,123 | Verified |
| 2022 | $— | — | — | — | $1,094,227 | $— | $183,513 | Verified |
| 2021 | $7,042,857 | — | — | −$5,948,630 | $1,094,227 | $— | $178,657 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 2.2800% | Verified |
| 2023 | +1.0% | +1.0% | ~100% | 2.2100% | Verified |
| 2022 | +13.2% | +13.2% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +0.9% | +1.9% | +7.5% | 2024 | -5.8% | 2025 |
| Assessment Ratio | 100.0% | 48.9% | — | 100.0% | 2025 | 13.9% | 2024 |
| Effective Tax Rate (2025) | 2.3600% | 2.3600% | — | 2.3600% | 2025 | 2.3600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$175,537 | $179,087 | ~$166,737 | $183,123 | 2023 | $175,537 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,541,762 | ~$7,541,762 | ~2.2906% | ~$172,753 | +1.4% |
| 2027 | ~$7,645,707 | ~$7,645,707 | ~2.2216% | ~$169,859 | +2.8% |
| 2028 | ~$7,751,084 | ~$7,751,084 | ~2.1526% | ~$166,852 | +4.2% |
| 2029 | ~$7,857,913 | ~$7,857,913 | ~2.0836% | ~$163,730 | +5.6% |
| 2030 | ~$7,966,215 | ~$7,966,215 | ~2.0146% | ~$160,491 | +7.1% |
| 2026 | ~$7,392,978 | ~$7,392,978 | ~2.3596% | ~$174,445 | -0.6% |
| 2027 | ~$7,347,012 | ~$7,347,012 | ~2.3596% | ~$173,361 | -1.2% |
| 2028 | ~$7,301,332 | ~$7,301,332 | ~2.3596% | ~$172,283 | -1.9% |
| 2029 | ~$7,255,936 | ~$7,255,936 | ~2.3596% | ~$171,212 | -2.5% |
| 2030 | ~$7,210,822 | ~$7,210,822 | ~2.3596% | ~$170,147 | -3.1% |
| 2026 | ~$7,690,547 | ~$7,690,547 | ~2.2561% | ~$173,508 | +3.4% |
| 2027 | ~$7,950,353 | ~$7,950,353 | ~2.1526% | ~$171,142 | +6.9% |
| 2028 | ~$8,218,936 | ~$8,218,936 | ~2.0491% | ~$168,417 | +10.5% |
| 2029 | ~$8,496,592 | ~$8,496,592 | ~1.9456% | ~$165,314 | +14.2% |
| 2030 | ~$8,783,628 | ~$8,783,628 | ~1.8422% | ~$161,808 | +18.1% |
In 2025, this property's market value of $7,439,231 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,439,231 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,350,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $7,042,857 | $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.