LOT 7 BLK B OAKS AT LAKEWAY SUBD
| Owner | FHF I OAKS AT LAKEWAY LLC |
|---|---|
| Parcel ID | 0135700330 |
| Short ID | 845924 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 43,980 SF |
| Land SF | 916,459 SF |
| Acres | 21.039 |
| Year Built | 2019 |
| Legal | LOT 7 BLK B OAKS AT LAKEWAY SUBD |
| Neighborhood | SW |
| Land | $9,164,588 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,164,588 |
| Improvement | $42,179,973 |
|---|---|
| Total Improvement | $42,179,973 |
| Market | $60,344,561 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $60,344,561 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $60,344,561 |
| Taxable Value | $60,344,561 |
|---|
Appreciation: Market value has risen +19.0% from $50,725,000 (2021) to $60,344,561 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 lagged 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 $1,116,137. 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 15% of market value ($9,164,588 land vs $42,179,973 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $60,344,561, 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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $74,973,576 by 2030, with an estimated annual tax burden around $1,235,858. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,660 SF | ✓ |
| 2ND | 2nd Floor | 14,660 SF | ✓ |
| 3RD | 3rd Floor | 14,660 SF | ✓ |
| 4TH | 4th Floor | 14,660 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 845924 | FHF I OAKS AT LAKEWAY LLC | 1502 RANCH RD 620 78734 | $51,000,000 | $51,000,000 | $51,000,000 |
| 963517 | STRATUS LAKEWAY CENTER LLC | 1502 RANCH RD 620 78734 | $9,100,000 | $9,100,000 | $9,100,000 |
Market value changed by 79% in 2022, 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% | $627,402.40 | $627,402.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $226,802.02 | $226,802.02 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $102,368.51 | $102,368.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $71,220.46 | $71,220.46 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $54,550.88 | $54,550.88 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $33,792.95 | $33,792.95 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $1,116,137.22 | $1,116,137.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $60,100,000 | $60,344,561 | -0.4% |
| Assessed Value | $60,100,000 | $60,344,561 | -0.4% |
| Land Value | $9,164,588 | $9,164,588 | +0.0% |
| Improvement Value | $41,835,412 | $42,179,973 | -0.8% |
| Taxable Value | $60,100,000 | $60,344,561 | -0.4% |
| Total Tax 2026 = estimate |
~$1,111,614
Estimated
|
~$1,116,137
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $62,979,565 | $60,100,000 | -2,879,565 (-4.6%) |
| Taxable Value | $62,979,565 | $60,100,000 | -2,879,565 (-4.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $60,100,000 | $9,164,588 | $41,835,412 | — | $60,100,000 | $60,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $60,344,561 | $9,164,588 | $42,179,973 | — | $60,344,561 | $60,344,561 | ~$1,116,137 | Partial |
| 2024 | $58,980,403 | — | — | −$49,815,815 | $9,164,588 | $— | $1,108,735 | Verified |
| 2023 | $55,779,080 | — | — | −$46,614,492 | $9,164,588 | $— | $1,041,806 | Verified |
| 2022 | $50,000,000 | — | — | −$40,835,412 | $9,164,588 | $— | $1,064,240 | Verified |
| 2021 | $50,725,000 | — | — | −$41,560,412 | $9,164,588 | $— | $1,006,447 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2024 | -11.2% | -11.2% | ~100% | 1.8200% | Verified |
| 2023 | -12.2% | -12.2% | ~100% | 1.6900% | Verified |
| 2022 | -79.3% ! | -79.3% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -82.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.4% | +3.6% | +4.5% | +11.6% | 2023 | -1.4% | 2022 |
| Assessment Ratio | 100.0% | 44.7% | — | 100.0% | 2025 | 15.5% | 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 |
$1,116,137 | $1,067,473 | ~$1,188,242 | $1,116,137 | 2025 | $1,006,447 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$63,021,996 | ~$63,021,996 | ~1.8094% | ~$1,140,297 | +4.4% |
| 2027 | ~$65,818,226 | ~$65,818,226 | ~1.7691% | ~$1,164,404 | +9.1% |
| 2028 | ~$68,738,522 | ~$68,738,522 | ~1.7289% | ~$1,188,405 | +13.9% |
| 2029 | ~$71,788,389 | ~$71,788,389 | ~1.6886% | ~$1,212,244 | +19.0% |
| 2030 | ~$74,973,576 | ~$74,973,576 | ~1.6484% | ~$1,235,858 | +24.2% |
| 2026 | ~$61,815,104 | ~$61,815,104 | ~1.8496% | ~$1,143,336 | +2.4% |
| 2027 | ~$63,321,484 | ~$63,321,484 | ~1.8496% | ~$1,171,199 | +4.9% |
| 2028 | ~$64,864,572 | ~$64,864,572 | ~1.8496% | ~$1,199,740 | +7.5% |
| 2029 | ~$66,445,264 | ~$66,445,264 | ~1.8496% | ~$1,228,976 | +10.1% |
| 2030 | ~$68,064,476 | ~$68,064,476 | ~1.8496% | ~$1,258,925 | +12.8% |
| 2026 | ~$64,228,887 | ~$64,228,887 | ~1.7892% | ~$1,149,211 | +6.4% |
| 2027 | ~$68,363,243 | ~$68,363,243 | ~1.7289% | ~$1,181,917 | +13.3% |
| 2028 | ~$72,763,725 | ~$72,763,725 | ~1.6685% | ~$1,214,073 | +20.6% |
| 2029 | ~$77,447,461 | ~$77,447,461 | ~1.6081% | ~$1,245,471 | +28.3% |
| 2030 | ~$82,432,685 | ~$82,432,685 | ~1.5478% | ~$1,275,880 | +36.6% |
In 2025, this property's market value of $60,344,561 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 43× 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 | $60,344,561 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $58,980,403 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $55,779,080 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $50,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $50,725,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.