W STATE HY 71 TX 78669
| Owner | AUSTIN SWEETWATER RETAIL PARTNERS |
|---|---|
| Parcel ID | 0127900157 |
| Short ID | 910323 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,100 SF |
| Land SF | 77,101 SF |
| Acres | 1.770 |
| Year Built | 2023 |
| Legal | LOT 2 BLK B SWEETWATER CENTRE PHS ONE |
| Neighborhood | 1SW3 |
| Land | $493,448 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $493,448 |
| Improvement | $3,720,469 |
|---|---|
| Total Improvement | $3,720,469 |
| Market | $4,213,917 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,213,917 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,188,316 |
| Net Appraised (assessed) | $2,025,601 |
| Taxable Value | $2,025,601 |
|---|
Appreciation: Market value has risen +754.0% from $493,448 (2021) to $4,213,917 (2025), a CAGR of 70.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 5 taxing entities is 2.5565% in 2025 (+0.0559% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $51,784. Lake Travis ISD is the largest single contributor, at 40.7% of the total 2025 levy.
Assessment Gap: Assessed value ($2,025,601) is $2,188,316 below market value, suggesting potential for an upward assessment in future years.
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 12% of market value ($493,448 land vs $3,720,469 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,213,917, 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 +71.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $61,516,513 by 2030, with an estimated annual tax burden around $1,397,472. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,700 SF | ✗ |
| 1ST | 1st Floor | 9,100 SF | ✓ |
| 501 | CANOPY | 420 SF | ✗ |
Market value changed by 242% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $21,060.17 | $21,060.17 | Paid |
| U5M Lazy Nine MUD # 1B | 0.9850% | 0.9200% | 0.8950% | 0.8950% | 0.9325% | +0.0375% | $18,888.73 | $18,888.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,613.12 | $7,613.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,390.68 | $2,390.68 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,831.12 | $1,831.12 | Paid |
| Combined Rate | 2.7843% | 2.6357% | 2.4575% | 2.5006% | 2.5565% | +0.0559% | $51,783.82 | $51,783.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,007,385 | $4,213,917 | -4.9% |
| Assessed Value | $2,430,721 | $2,025,601 | +20.0% |
| Land Value | $493,448 | $493,448 | +0.0% |
| Improvement Value | $3,513,937 | $3,720,469 | -5.6% |
| Taxable Value | $2,430,721 | $2,025,601 | +20.0% |
| HS Cap Loss | -$1,576,664 | — | |
| Total Tax 2026 = estimate |
~$62,141
Estimated
|
~$51,784
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,007,385 | $4,007,385 | +0 (+0.0%) |
| Taxable Value | $2,430,721 | $2,430,721 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,007,385 | $493,448 | $3,513,937 | −$1,576,664 | $2,430,721 | $2,430,721 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,213,917 | $493,448 | $3,720,469 | −$2,188,316 | $2,025,601 | $2,025,601 | ~$51,784 | Partial |
| 2024 | $— | — | — | — | $493,448 | $— | $42,210 | Verified |
| 2023 | $— | — | — | — | $493,448 | $— | $12,127 | Verified |
| 2022 | $— | — | — | — | $493,448 | $— | $13,006 | Verified |
| 2021 | $493,448 | — | — | — | $493,448 | $— | $13,739 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.9% | +20.0% | 60.7% | Not available | Partial |
| 2025 | +149.6% ! | +20.0% | 48.1% | Not available | Partial |
| 2024 | +242.1% ! | +242.1% | ~100% | 2.5000% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.4600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.6400% | Verified |
| 2021 | base year | — | ~100% | 2.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +754.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.9% | +374.6% | +72.7% | +754.0% | 2025 | -4.9% | 2026 |
| Assessment Ratio | 60.7% | 69.6% | — | 100.0% | 2021 | 48.1% | 2025 |
| Effective Tax Rate (2025) | 1.2300% | 1.2300% | — | 1.2300% | 2025 | 1.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$51,784 | $32,761 | ~$643,697 | $51,784 | 2025 | $13,739 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,203,559 | ~$7,203,559 | ~2.4995% | ~$180,054 | +70.9% |
| 2027 | ~$12,314,259 | ~$12,314,259 | ~2.4426% | ~$300,783 | +192.2% |
| 2028 | ~$21,050,839 | ~$21,050,839 | ~2.3856% | ~$502,190 | +399.6% |
| 2029 | ~$35,985,750 | ~$35,985,750 | ~2.3287% | ~$837,984 | +754.0% |
| 2030 | ~$61,516,513 | ~$61,516,513 | ~2.2717% | ~$1,397,472 | +1359.8% |
| 2026 | ~$7,119,281 | ~$7,119,281 | ~2.5565% | ~$182,002 | +68.9% |
| 2027 | ~$12,027,802 | ~$12,027,802 | ~2.5565% | ~$307,487 | +185.4% |
| 2028 | ~$20,320,594 | ~$20,320,594 | ~2.5565% | ~$519,489 | +382.2% |
| 2029 | ~$34,331,007 | ~$34,331,007 | ~2.5565% | ~$877,661 | +714.7% |
| 2030 | ~$58,001,162 | ~$58,001,162 | ~2.5565% | ~$1,482,781 | +1276.4% |
| 2026 | ~$7,287,837 | ~$7,287,837 | ~2.4710% | ~$180,085 | +72.9% |
| 2027 | ~$12,604,087 | ~$12,604,087 | ~2.3856% | ~$300,684 | +199.1% |
| 2028 | ~$21,798,373 | ~$21,798,373 | ~2.3002% | ~$501,401 | +417.3% |
| 2029 | ~$37,699,603 | ~$37,699,603 | ~2.2147% | ~$834,952 | +794.6% |
| 2030 | ~$65,200,282 | ~$65,200,282 | ~2.1293% | ~$1,388,322 | +1447.3% |
In 2025, this property's market value of $4,213,917 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +197% 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 | $4,213,917 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $493,448 | $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.