3503 WILD CHERRY DR 10 TX 78738
| Owner | RHODES INVESTMENTS LLC |
|---|---|
| Parcel ID | 0127730509 |
| Short ID | 930024 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 4,355 SF |
| Land SF | 27,144 SF |
| Acres | 0.623 |
| Year Built | 2020 |
| Legal | UNT MASTER 10 CHERRY PEAK OFFICE PARK CONDOMINIUM AMD PLUS 4.8647 % INT IN COM AREA |
| Neighborhood | 23SW06 |
| Land | $542,878 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $542,878 |
| Improvement | $1,161,318 |
|---|---|
| Total Improvement | $1,161,318 |
| Market | $1,704,196 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,704,196 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,704,196 |
| Taxable Value | $1,704,196 |
|---|
Appreciation: Market value has risen +68.0% from $1,014,506 (2021) to $1,704,196 (2025), a CAGR of 13.8% 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 $31,521. 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 32% of market value ($542,878 land vs $1,161,318 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 $1,704,196, 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 +13.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,259,123 by 2030, with an estimated annual tax burden around $45,242. 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 | 4,355 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% | $17,718.53 | $17,718.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,405.14 | $6,405.14 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,891.00 | $2,891.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,011.34 | $2,011.34 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,540.58 | $1,540.58 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $954.35 | $954.35 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $31,520.94 | $31,520.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,704,196 | $1,704,196 | +0.0% |
| Assessed Value | $1,704,196 | $1,704,196 | +0.0% |
| Land Value | $542,878 | $542,878 | +0.0% |
| Improvement Value | $1,161,318 | $1,161,318 | +0.0% |
| Taxable Value | $1,704,196 | $1,704,196 | +0.0% |
| Total Tax 2026 = estimate |
~$31,521
Estimated
|
~$31,521
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,857,851 | $1,704,196 | -153,655 (-8.3%) |
| Taxable Value | $1,857,851 | $1,704,196 | -153,655 (-8.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,704,196 | $542,878 | $1,161,318 | — | $1,704,196 | $1,704,196 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,704,196 | $542,878 | $1,161,318 | — | $1,704,196 | $1,704,196 | ~$31,521 | Partial |
| 2024 | $1,658,682 | — | — | −$1,115,804 | $542,878 | $— | $30,441 | Verified |
| 2023 | $1,485,041 | — | — | −$942,163 | $542,878 | $— | $29,190 | Verified |
| 2022 | $1,489,000 | — | — | −$1,030,207 | $458,793 | $— | $28,201 | Verified |
| 2021 | $1,014,506 | — | — | −$555,713 | $458,793 | $— | $29,938 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.0% | +9.0% | ~100% | Not available | Partial |
| 2025 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2024 | +0.9% | +0.9% | ~100% | 1.8200% | Verified |
| 2023 | +11.7% | +11.7% | ~100% | 1.7600% | Verified |
| 2022 | -0.3% | -0.3% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.2% | +13.8% | +46.8% | 2022 | -0.3% | 2023 |
| Assessment Ratio | 100.0% | 57.6% | — | 100.0% | 2025 | 30.8% | 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 |
$31,521 | $29,858 | ~$39,398 | $31,521 | 2025 | $28,201 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,940,152 | ~$1,874,616 | ~1.8094% | ~$33,919 | +13.8% |
| 2027 | ~$2,208,778 | ~$2,062,077 | ~1.7691% | ~$36,481 | +29.6% |
| 2028 | ~$2,514,596 | ~$2,268,285 | ~1.7289% | ~$39,216 | +47.6% |
| 2029 | ~$2,862,757 | ~$2,495,113 | ~1.6886% | ~$42,133 | +68.0% |
| 2030 | ~$3,259,123 | ~$2,744,625 | ~1.6484% | ~$45,242 | +91.2% |
| 2026 | ~$1,906,068 | ~$1,874,616 | ~1.8496% | ~$34,673 | +11.8% |
| 2027 | ~$2,131,853 | ~$2,062,077 | ~1.8496% | ~$38,140 | +25.1% |
| 2028 | ~$2,384,384 | ~$2,268,285 | ~1.8496% | ~$41,954 | +39.9% |
| 2029 | ~$2,666,828 | ~$2,495,113 | ~1.8496% | ~$46,150 | +56.5% |
| 2030 | ~$2,982,730 | ~$2,744,625 | ~1.8496% | ~$50,765 | +75.0% |
| 2026 | ~$1,974,236 | ~$1,874,616 | ~1.7892% | ~$33,541 | +15.8% |
| 2027 | ~$2,287,065 | ~$2,062,077 | ~1.7289% | ~$35,651 | +34.2% |
| 2028 | ~$2,649,465 | ~$2,268,285 | ~1.6685% | ~$37,847 | +55.5% |
| 2029 | ~$3,069,288 | ~$2,495,113 | ~1.6081% | ~$40,125 | +80.1% |
| 2030 | ~$3,555,635 | ~$2,744,625 | ~1.5478% | ~$42,481 | +108.6% |
In 2025, this property's market value of $1,704,196 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +20% 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 | $1,704,196 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,658,682 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,485,041 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,489,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,014,506 | $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.