3503 WILD CHERRY DR 7B TX 78738
| Owner | BGCP INTERESTS IV LLC |
|---|---|
| Parcel ID | 0127730505 |
| Short ID | 930020 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,630 SF |
| Land SF | 17,021 SF |
| Acres | 0.391 |
| Year Built | 2020 |
| Legal | UNT MASTER 7B 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 | $847,971 |
|---|---|
| Total Improvement | $847,971 |
| Market | $1,188,382 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,188,382 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,188,382 |
| Taxable Value | $1,188,382 |
|---|
Appreciation: Market value has risen +474.4% from $206,908 (2021) to $1,188,382 (2025), a CAGR of 54.8% 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 $21,980. 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 29% of market value ($340,411 land vs $847,971 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 $1,188,382, 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 +54.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,566,461 by 2030, with an estimated annual tax burden around $31,549. 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 | 2,630 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% | $12,355.61 | $12,355.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,466.47 | $4,466.47 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,015.97 | $2,015.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,402.56 | $1,402.56 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,074.29 | $1,074.29 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $665.49 | $665.49 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $21,980.39 | $21,980.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,165,997 | $1,188,382 | -1.9% |
| Assessed Value | $1,165,997 | $1,188,382 | -1.9% |
| Land Value | $340,411 | $340,411 | +0.0% |
| Improvement Value | $825,586 | $847,971 | -2.6% |
| Taxable Value | $1,165,997 | $1,188,382 | -1.9% |
| Total Tax 2026 = estimate |
~$21,566
Estimated
|
~$21,980
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,165,997 | $1,165,997 | +0 (+0.0%) |
| Taxable Value | $1,165,997 | $1,165,997 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,165,997 | $340,411 | $825,586 | — | $1,165,997 | $1,165,997 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,188,382 | $340,411 | $847,971 | — | $1,188,382 | $1,188,382 | ~$21,980 | Partial |
| 2024 | $1,190,358 | — | — | −$849,947 | $340,411 | $— | $20,542 | Verified |
| 2023 | $931,959 | — | — | −$591,548 | $340,411 | $— | $20,948 | Verified |
| 2022 | $938,661 | — | — | −$650,978 | $287,683 | $— | $17,698 | Verified |
| 2021 | $206,908 | — | — | — | $287,683 ! | $— | $18,873 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2025 | +5.2% | +5.2% | ~100% | Not available | Partial |
| 2024 | -5.1% | -5.1% | ~100% | 1.8200% | Verified |
| 2023 | +27.7% | +27.7% | ~100% | 1.7600% | Verified |
| 2022 | -0.7% | -0.7% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 9.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.9% | +75.7% | +55.4% | +353.7% | 2022 | -1.9% | 2026 |
| Assessment Ratio | 100.0% | 72.5% | — | 139.0% | 2021 | 28.6% | 2024 |
| 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 |
$21,980 | $20,008 | ~$27,473 | $21,980 | 2025 | $17,698 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,839,716 | ~$1,307,220 | ~1.8094% | ~$23,652 | +54.8% |
| 2027 | ~$2,848,036 | ~$1,437,942 | ~1.7691% | ~$25,439 | +139.7% |
| 2028 | ~$4,409,001 | ~$1,581,736 | ~1.7289% | ~$27,346 | +271.0% |
| 2029 | ~$6,825,506 | ~$1,739,910 | ~1.6886% | ~$29,381 | +474.4% |
| 2030 | ~$10,566,461 | ~$1,913,901 | ~1.6484% | ~$31,549 | +789.1% |
| 2026 | ~$1,815,948 | ~$1,307,220 | ~1.8496% | ~$24,178 | +52.8% |
| 2027 | ~$2,774,923 | ~$1,437,942 | ~1.8496% | ~$26,596 | +133.5% |
| 2028 | ~$4,240,317 | ~$1,581,736 | ~1.8496% | ~$29,256 | +256.8% |
| 2029 | ~$6,479,562 | ~$1,739,910 | ~1.8496% | ~$32,181 | +445.2% |
| 2030 | ~$9,901,320 | ~$1,913,901 | ~1.8496% | ~$35,400 | +733.2% |
| 2026 | ~$1,863,484 | ~$1,307,220 | ~1.7892% | ~$23,389 | +56.8% |
| 2027 | ~$2,922,100 | ~$1,437,942 | ~1.7289% | ~$24,860 | +145.9% |
| 2028 | ~$4,582,100 | ~$1,581,736 | ~1.6685% | ~$26,391 | +285.6% |
| 2029 | ~$7,185,120 | ~$1,739,910 | ~1.6081% | ~$27,980 | +504.6% |
| 2030 | ~$11,266,877 | ~$1,913,901 | ~1.5478% | ~$29,623 | +848.1% |
In 2025, this property's market value of $1,188,382 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% 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 | $1,188,382 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,190,358 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $931,959 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $938,661 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $206,908 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.