3503 WILD CHERRY DR 1 TX 78738
| Owner | PC5 PROPERTIES LLC |
|---|---|
| Parcel ID | 0127730502 |
| Short ID | 930017 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,790 SF |
| Land SF | 17,021 SF |
| Acres | 0.391 |
| Year Built | 2020 |
| Legal | UNT MASTER 1 CHERRY PEAK OFFICE PARK CONDOMINIUM AMD PLUS 7.5841 % INT IN COM AREA |
| Neighborhood | 23SW06 |
| Land | $340,411 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $340,411 |
| Improvement | $784,602 |
|---|---|
| Total Improvement | $784,602 |
| Market | $1,125,013 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,125,013 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,125,013 |
| Taxable Value | $1,125,013 |
|---|
Appreciation: Market value has risen +72.6% from $651,698 (2021) to $1,125,013 (2025), a CAGR of 14.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8496% in 2025 (+0.0309% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $20,808. Lake Travis ISD is the largest single contributor, at 56.2% 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 30% of market value ($340,411 land vs $784,602 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,125,013, this parcel sits in the lower-middle (25th–50th 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 +14.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,226,109 by 2030, with an estimated annual tax burden around $29,866. 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 | 2,790 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% | $11,696.76 | $11,696.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,228.31 | $4,228.31 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $1,908.47 | $1,908.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,327.77 | $1,327.77 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,017.00 | $1,017.00 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $630.01 | $630.01 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $20,808.32 | $20,808.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,125,013 | $1,125,013 | +0.0% |
| Assessed Value | $1,125,013 | $1,125,013 | +0.0% |
| Land Value | $340,411 | $340,411 | +0.0% |
| Improvement Value | $784,602 | $784,602 | +0.0% |
| Taxable Value | $1,125,013 | $1,125,013 | +0.0% |
| Total Tax 2026 = estimate |
~$20,808
Estimated
|
~$20,808
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,199,513 | $1,125,013 | -74,500 (-6.2%) |
| Taxable Value | $1,199,513 | $1,125,013 | -74,500 (-6.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,125,013 | $340,411 | $784,602 | — | $1,125,013 | $1,125,013 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,125,013 | $340,411 | $784,602 | — | $1,125,013 | $1,125,013 | ~$20,808 | Partial |
| 2024 | $1,100,000 | — | — | −$759,589 | $340,411 | $— | $20,069 | Verified |
| 2023 | $958,149 | — | — | −$617,738 | $340,411 | $— | $19,358 | Verified |
| 2022 | $978,264 | — | — | −$690,581 | $287,683 | $— | $18,195 | Verified |
| 2021 | $651,698 | — | — | −$364,015 | $287,683 | $— | $19,669 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2025 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2024 | -9.9% | -9.9% | ~100% | 1.8200% | Verified |
| 2023 | +27.8% | +27.8% | ~100% | 1.5800% | Verified |
| 2022 | -2.1% | -2.1% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 3.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +13.0% | +14.6% | +50.1% | 2022 | -2.1% | 2023 |
| Assessment Ratio | 100.0% | 56.6% | — | 100.0% | 2025 | 29.4% | 2022 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,808 | $19,620 | ~$26,008 | $20,808 | 2025 | $18,195 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,289,542 | ~$1,237,514 | ~1.8094% | ~$22,391 | +14.6% |
| 2027 | ~$1,478,132 | ~$1,361,266 | ~1.7691% | ~$24,082 | +31.4% |
| 2028 | ~$1,694,302 | ~$1,497,392 | ~1.7289% | ~$25,888 | +50.6% |
| 2029 | ~$1,942,087 | ~$1,647,132 | ~1.6886% | ~$27,814 | +72.6% |
| 2030 | ~$2,226,109 | ~$1,811,845 | ~1.6484% | ~$29,866 | +97.9% |
| 2026 | ~$1,267,041 | ~$1,237,514 | ~1.8496% | ~$22,889 | +12.6% |
| 2027 | ~$1,427,000 | ~$1,361,266 | ~1.8496% | ~$25,178 | +26.8% |
| 2028 | ~$1,607,153 | ~$1,497,392 | ~1.8496% | ~$27,696 | +42.9% |
| 2029 | ~$1,810,049 | ~$1,647,132 | ~1.8496% | ~$30,465 | +60.9% |
| 2030 | ~$2,038,561 | ~$1,811,845 | ~1.8496% | ~$33,512 | +81.2% |
| 2026 | ~$1,312,042 | ~$1,237,514 | ~1.7892% | ~$22,142 | +16.6% |
| 2027 | ~$1,530,163 | ~$1,361,266 | ~1.7289% | ~$23,535 | +36.0% |
| 2028 | ~$1,784,547 | ~$1,497,392 | ~1.6685% | ~$24,984 | +58.6% |
| 2029 | ~$2,081,220 | ~$1,647,132 | ~1.6081% | ~$26,488 | +85.0% |
| 2030 | ~$2,427,214 | ~$1,811,845 | ~1.5478% | ~$28,043 | +115.7% |
In 2025, this property's market value of $1,125,013 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -21% below 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 | $1,125,013 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $958,149 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $978,264 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $651,698 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.