W STATE HY 71 1 TX 78738
| Owner | KM SWEETWATER LLC |
|---|---|
| Parcel ID | 0127900502 |
| Short ID | 923404 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 12,600 SF |
| Land SF | 93,218 SF |
| Acres | 2.140 |
| Year Built | 2020 |
| Legal | UNT 1 SWEETWATER LOT 5 COMMERCIAL CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 43SWE |
| Land | $745,747 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $745,747 |
| Improvement | $2,683,253 |
|---|---|
| Total Improvement | $2,683,253 |
| Market | $3,429,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,429,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,429,000 |
| Taxable Value | $3,429,000 |
|---|
Appreciation: Market value has risen +80.5% from $1,900,000 (2022) to $3,429,000 (2025), a CAGR of 21.8% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +16.6%, 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 $87,661. Lake Travis ISD is the largest single contributor, at 40.7% 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 22% of market value ($745,747 land vs $2,683,253 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,429,000, 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 +21.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,173,265 by 2030, with an estimated annual tax burden around $125,453. 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 | 20,000 SF | ✗ |
| 1ST | 1st Floor | 12,600 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
Market value changed by 202% in 2023, 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% | $35,651.31 | $35,651.31 | Paid |
| U5M Lazy Nine MUD # 1B | 0.9850% | 0.9200% | 0.8950% | 0.8950% | 0.9325% | +0.0375% | $31,975.43 | $31,975.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,887.73 | $12,887.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,047.01 | $4,047.01 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,099.78 | $3,099.78 | Paid |
| Combined Rate | 2.7843% | 2.6357% | 2.4575% | 2.5006% | 2.5565% | +0.0559% | $87,661.26 | $87,661.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,591,383 | $3,429,000 | +4.7% |
| Assessed Value | $3,591,383 | $3,429,000 | +4.7% |
| Land Value | $745,747 | $745,747 | +0.0% |
| Improvement Value | $2,845,636 | $2,683,253 | +6.1% |
| Taxable Value | $3,591,383 | $3,429,000 | +4.7% |
| Total Tax 2026 = estimate |
~$91,813
Estimated
|
~$87,661
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,174,591 | $3,591,383 | -1,583,208 (-30.6%) |
| Taxable Value | $4,114,800 | $3,591,383 | -523,417 (-12.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,591,383 | $745,747 | $2,845,636 | — | $3,591,383 | $3,591,383 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,429,000 | $745,747 | $2,683,253 | — | $3,429,000 | $3,429,000 | ~$87,661 | Partial |
| 2024 | $3,600,000 | — | — | −$2,854,253 | $745,747 | $— | $90,856 | Verified |
| 2023 | $1,900,000 | — | — | −$1,154,253 | $745,747 | $— | $85,800 | Verified |
| 2022 | $1,900,000 | — | — | — | — | $— | $50,079 | Verified |
| 2021 | $— | — | — | — | — | $— | $52,901 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +50.9% | +20.0% | 79.5% | Not available | Partial |
| 2025 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2024 | -30.4% | -30.4% | ~100% | 2.2700% | Verified |
| 2023 | +202.4% ! | +202.4% | ~100% | 1.4900% | Verified |
| 2022 | -56.0% | -56.0% | ~100% | 2.6400% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.7% | +22.4% | +20.6% | +89.5% | 2024 | -4.8% | 2025 |
| Assessment Ratio | 100.0% | 65.0% | — | 100.0% | 2025 | 20.7% | 2024 |
| Effective Tax Rate (2025) | 2.5600% | 2.5600% | — | 2.5600% | 2025 | 2.5600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$87,661 | $78,599 | ~$109,373 | $90,856 | 2024 | $50,079 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,174,830 | ~$3,771,900 | ~2.4995% | ~$94,279 | +21.8% |
| 2027 | ~$5,082,883 | ~$4,149,090 | ~2.4426% | ~$101,344 | +48.2% |
| 2028 | ~$6,188,443 | ~$4,563,999 | ~2.3856% | ~$108,879 | +80.5% |
| 2029 | ~$7,534,469 | ~$5,020,399 | ~2.3287% | ~$116,908 | +119.7% |
| 2030 | ~$9,173,265 | ~$5,522,439 | ~2.2717% | ~$125,453 | +167.5% |
| 2026 | ~$4,106,250 | ~$3,771,900 | ~2.5565% | ~$96,427 | +19.8% |
| 2027 | ~$4,917,261 | ~$4,149,090 | ~2.5565% | ~$106,070 | +43.4% |
| 2028 | ~$5,888,452 | ~$4,563,999 | ~2.5565% | ~$116,677 | +71.7% |
| 2029 | ~$7,051,460 | ~$5,020,399 | ~2.5565% | ~$128,345 | +105.6% |
| 2030 | ~$8,444,169 | ~$5,522,439 | ~2.5565% | ~$141,179 | +146.3% |
| 2026 | ~$4,243,410 | ~$3,771,900 | ~2.4710% | ~$93,205 | +23.8% |
| 2027 | ~$5,251,247 | ~$4,149,090 | ~2.3856% | ~$98,981 | +53.1% |
| 2028 | ~$6,498,453 | ~$4,563,999 | ~2.3002% | ~$104,980 | +89.5% |
| 2029 | ~$8,041,878 | ~$5,020,399 | ~2.2147% | ~$111,189 | +134.5% |
| 2030 | ~$9,951,876 | ~$5,522,439 | ~2.1293% | ~$117,590 | +190.2% |
In 2025, this property's market value of $3,429,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +142% 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 | $3,429,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,900,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.