5313 SERENE HILLS DR TX 78738
| Owner | BMEF LAKEWAY LLC |
|---|---|
| Parcel ID | 0123830108 |
| Short ID | 837234 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 375,383 SF |
| Land SF | 1,486,529 SF |
| Acres | 34.126 |
| Year Built | 2016 |
| Legal | LOT 1 MANSIONS AT LAKEWAY |
| Neighborhood | 08SW1 |
| Land | $7,135,337 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,135,337 |
| Improvement | $77,614,663 |
|---|---|
| Total Improvement | $77,614,663 |
| Market | $84,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $84,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $84,750,000 |
| Taxable Value | $84,750,000 |
|---|
Appreciation: Market value has risen +15.7% from $73,250,000 (2021) to $84,750,000 (2025), a CAGR of 3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. 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 7 taxing entities is 2.3596% in 2025 (+0.0234% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,999,767. Lake Travis ISD is the largest single contributor, at 44.1% 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 8% of market value ($7,135,337 land vs $77,614,663 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $84,750,000, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $101,696,218 by 2030, with an estimated annual tax burden around $2,048,815. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 375,383 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% | $881,145.75 | $881,145.75 | Paid |
| WSH WCID # 17 (Serene Hills) | 0.6250% | 0.5829% | 0.5513% | 0.5175% | 0.5100% | -0.0075% | $432,225.00 | $432,225.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $318,528.64 | $318,528.64 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $143,769.90 | $143,769.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $100,024.49 | $100,024.49 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $76,613.15 | $76,613.15 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $47,460.00 | $47,460.00 | Paid |
| Combined Rate | 2.6356% | 2.4819% | 2.3111% | 2.3362% | 2.3596% | +0.0234% | $1,999,766.93 | $1,999,766.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $82,420,000 | $84,750,000 | -2.7% |
| Assessed Value | $82,420,000 | $84,750,000 | -2.7% |
| Land Value | $7,135,337 | $7,135,337 | +0.0% |
| Improvement Value | $75,284,663 | $77,614,663 | -3.0% |
| Taxable Value | $82,420,000 | $84,750,000 | -2.7% |
| Total Tax 2026 = estimate |
~$1,944,788
Estimated
|
~$1,999,767
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $90,731,876 | $82,420,000 | -8,311,876 (-9.2%) |
| Taxable Value | $90,731,876 | $82,420,000 | -8,311,876 (-9.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $82,420,000 | $7,135,337 | $75,284,663 | — | $82,420,000 | $82,420,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $84,750,000 | $7,135,337 | $77,614,663 | — | $84,750,000 | $84,750,000 | ~$1,999,767 | Partial |
| 2024 | $102,000,000 | — | — | −$94,864,663 | $7,135,337 | $— | $2,114,741 | Verified |
| 2023 | $92,000,000 | — | — | −$84,864,663 | $7,135,337 | $— | $2,367,407 | Verified |
| 2022 | $73,318,608 | — | — | −$66,183,271 | $7,135,337 | $— | $2,293,560 | Verified |
| 2021 | $73,250,000 | — | — | −$66,114,663 | $7,135,337 | $— | $1,932,370 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.1% | +7.1% | ~100% | Not available | Partial |
| 2025 | -6.4% | -6.4% | ~100% | Not available | Partial |
| 2024 | -22.1% | -22.1% | ~100% | 2.3400% | Verified |
| 2023 | +16.3% | +16.3% | ~100% | 2.0400% | Verified |
| 2022 | +36.3% | +36.3% | ~100% | 2.3000% | Verified |
| 2021 | base year | — | ~100% | 2.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +3.4% | +4.3% | +25.5% | 2023 | -16.9% | 2025 |
| Assessment Ratio | 100.0% | 39.0% | — | 100.0% | 2025 | 7.0% | 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 |
$1,999,767 | $2,141,569 | ~$2,033,149 | $2,367,407 | 2023 | $1,932,370 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$87,896,732 | ~$87,896,732 | ~2.2906% | ~$2,013,375 | +3.7% |
| 2027 | ~$91,160,300 | ~$91,160,300 | ~2.2216% | ~$2,025,236 | +7.6% |
| 2028 | ~$94,545,043 | ~$94,545,043 | ~2.1526% | ~$2,035,203 | +11.6% |
| 2029 | ~$98,055,461 | ~$98,055,461 | ~2.0836% | ~$2,043,118 | +15.7% |
| 2030 | ~$101,696,218 | ~$101,696,218 | ~2.0146% | ~$2,048,815 | +20.0% |
| 2026 | ~$86,201,732 | ~$86,201,732 | ~2.3596% | ~$2,034,022 | +1.7% |
| 2027 | ~$87,678,331 | ~$87,678,331 | ~2.3596% | ~$2,068,864 | +3.5% |
| 2028 | ~$89,180,223 | ~$89,180,223 | ~2.3596% | ~$2,104,303 | +5.2% |
| 2029 | ~$90,707,843 | ~$90,707,843 | ~2.3596% | ~$2,140,349 | +7.0% |
| 2030 | ~$92,261,630 | ~$92,261,630 | ~2.3596% | ~$2,177,012 | +8.9% |
| 2026 | ~$89,591,732 | ~$89,591,732 | ~2.2561% | ~$2,021,295 | +5.7% |
| 2027 | ~$94,710,069 | ~$94,710,069 | ~2.1526% | ~$2,038,755 | +11.8% |
| 2028 | ~$100,120,815 | ~$100,120,815 | ~2.0491% | ~$2,051,614 | +18.1% |
| 2029 | ~$105,840,675 | ~$105,840,675 | ~1.9456% | ~$2,059,288 | +24.9% |
| 2030 | ~$111,887,308 | ~$111,887,308 | ~1.8422% | ~$2,061,143 | +32.0% |
In 2025, this property's market value of $84,750,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 163× 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 | $84,750,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $102,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $92,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $73,318,608 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $73,250,000 | $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.