WILD CHERRY DR 6 78738
| Owner | AMERICO PROPERTIES LLC |
|---|---|
| Parcel ID | 0129731207 |
| Short ID | 983821 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,930 SF |
| Land SF | 15,109 SF |
| Acres | 0.347 |
| Year Built | 2024 |
| Legal | CHERRY PEAK OFFICE PARK PHASE 2 UNT 6 PLUS 7.1222 % INT IN COM AREA |
| Neighborhood | SW-SML OFC |
| Land | $302,176 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $302,176 |
| Improvement | $250,648 |
|---|---|
| Total Improvement | $250,648 |
| Market | $552,824 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $552,824 |
| Value Limitation Adjustment (−) (homestead cap) | −$200,088 |
| Net Appraised (assessed) | $352,736 |
| Taxable Value | $352,736 |
|---|
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 $6,524. Lake Travis ISD is the largest single contributor, at 56.2% of the total 2025 levy.
Assessment Gap: Assessed value ($352,736) is $200,088 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. 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 55% of market value ($302,176 land vs $250,648 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $552,824, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,930 SF | ✓ |
Market value changed by 294% in 2025, 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% | $3,667.40 | $3,667.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,325.74 | $1,325.74 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $598.38 | $598.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $416.31 | $416.31 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $318.87 | $318.87 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $197.53 | $197.53 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $6,524.23 | $6,524.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $929,118 | $552,824 | +68.1% |
| Assessed Value | $929,118 | $352,736 | +163.4% |
| Land Value | $302,176 | $302,176 | +0.0% |
| Improvement Value | $626,942 | $250,648 | +150.1% |
| Taxable Value | $929,118 | $352,736 | +163.4% |
| Total Tax 2026 = estimate |
~$17,185
Estimated
|
~$6,524
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $929,118 | $929,118 | +0 (+0.0%) |
| Taxable Value | $929,118 | $929,118 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $929,118 | $302,176 | $626,942 | — | $929,118 | $929,118 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $552,824 | $302,176 | $250,648 | −$200,088 | $352,736 | $352,736 | ~$6,524 | Partial |
| 2024 | $— | — | — | — | $140,363 | $— | $2,553 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +68.1% | +163.4% | ~100% | Not available | Partial |
| 2025 | +293.9% ! | +151.3% | 63.8% | Not available | Partial |
| 2024 | base year | — | ~100% | 1.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +293.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +68.1% | +68.1% | — | +68.1% | 2026 | +68.1% | 2026 |
| Assessment Ratio | 100.0% | 81.9% | — | 100.0% | 2026 | 63.8% | 2025 |
| Effective Tax Rate (2025) | 1.1800% | 1.1800% | — | 1.1800% | 2025 | 1.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,524 | $6,524 | — | $6,524 | 2025 | $6,524 | 2025 |
In 2025, this property's market value of $552,824 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 7× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $552,824 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
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.