308 S MEADOWLARK ST TX 78734
| Owner | CRAIN EQUITY GROUP LLC |
|---|---|
| Parcel ID | 0139660823 |
| Short ID | 783900 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,004 SF |
| Land SF | 28,009 SF |
| Acres | 0.643 |
| Year Built | 2010 |
| Legal | LOT 36-A CARDINAL HILLS UNIT 2 AMENDED PLAT OF LOTS 36 & 37 |
| Neighborhood | 53SWE |
| Land | $168,054 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $168,054 |
| Improvement | $1,999,648 |
|---|---|
| Total Improvement | $1,999,648 |
| Market | $2,167,702 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,167,702 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,167,702 |
| Taxable Value | $2,167,702 |
|---|
Appreciation: Market value has risen +33.6% from $1,622,000 (2021) to $2,167,702 (2025), a CAGR of 7.5% 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 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 $40,094. 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 8% of market value ($168,054 land vs $1,999,648 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,167,702, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,114,838 by 2030, with an estimated annual tax burden around $51,345. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,620 SF | ✗ |
| 1ST | 1st Floor | 4,896 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,788 SF | ✓ |
| 2ND | 2nd Floor | 2,108 SF | ✓ |
| 611 | TERRACE | 614 SF | ✗ |
| 408 | LOADING RAMP | 450 SF | ✓ |
| 501 | CANOPY | 384 SF | ✗ |
| 541 | FENCE COMM LF | 43 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 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% | $22,537.60 | $22,537.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,147.20 | $8,147.20 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $3,677.29 | $3,677.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,558.39 | $2,558.39 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,959.58 | $1,959.58 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,213.91 | $1,213.91 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $40,093.97 | $40,093.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,258,500 | $2,167,702 | +4.2% |
| Assessed Value | $2,258,500 | $2,167,702 | +4.2% |
| Land Value | $168,054 | $168,054 | +0.0% |
| Improvement Value | $2,090,446 | $1,999,648 | +4.5% |
| Taxable Value | $2,258,500 | $2,167,702 | +4.2% |
| Total Tax 2026 = estimate |
~$41,773
Estimated
|
~$40,094
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,956,855 | $2,258,500 | -698,355 (-23.6%) |
| Taxable Value | $2,601,242 | $2,258,500 | -342,742 (-13.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,258,500 | $168,054 | $2,090,446 | — | $2,258,500 | $2,258,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,167,702 | $168,054 | $1,999,648 | — | $2,167,702 | $2,167,702 | ~$40,094 | Partial |
| 2024 | $2,167,702 | — | — | −$1,999,648 | $168,054 | $— | $39,424 | Verified |
| 2023 | $2,155,455 | — | — | −$1,987,401 | $168,054 | $— | $38,148 | Verified |
| 2022 | $1,660,968 | — | — | −$1,492,914 | $168,054 | $— | $40,933 | Verified |
| 2021 | $1,622,000 | — | — | −$1,453,946 | $168,054 | $— | $33,395 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.4% | +20.0% | 88.0% | Not available | Partial |
| 2025 | -10.7% | -10.7% | ~100% | Not available | Partial |
| 2024 | +8.1% | +8.1% | ~100% | 1.6200% | Verified |
| 2023 | +4.2% | +4.2% | ~100% | 1.7000% | Verified |
| 2022 | +29.8% | +29.8% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.2% | +7.4% | +6.7% | +29.8% | 2023 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 39.4% | — | 100.0% | 2025 | 7.8% | 2023 |
| 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 |
$40,094 | $38,399 | ~$46,670 | $40,933 | 2022 | $33,395 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,330,702 | ~$2,330,702 | ~1.8094% | ~$42,171 | +7.5% |
| 2027 | ~$2,505,959 | ~$2,505,959 | ~1.7691% | ~$44,333 | +15.6% |
| 2028 | ~$2,694,394 | ~$2,694,394 | ~1.7289% | ~$46,583 | +24.3% |
| 2029 | ~$2,896,999 | ~$2,896,999 | ~1.6886% | ~$48,920 | +33.6% |
| 2030 | ~$3,114,838 | ~$3,114,838 | ~1.6484% | ~$51,345 | +43.7% |
| 2026 | ~$2,287,348 | ~$2,287,348 | ~1.8496% | ~$42,307 | +5.5% |
| 2027 | ~$2,413,598 | ~$2,413,598 | ~1.8496% | ~$44,642 | +11.3% |
| 2028 | ~$2,546,816 | ~$2,546,816 | ~1.8496% | ~$47,106 | +17.5% |
| 2029 | ~$2,687,387 | ~$2,687,387 | ~1.8496% | ~$49,706 | +24.0% |
| 2030 | ~$2,835,717 | ~$2,835,717 | ~1.8496% | ~$52,450 | +30.8% |
| 2026 | ~$2,374,056 | ~$2,374,056 | ~1.7892% | ~$42,478 | +9.5% |
| 2027 | ~$2,600,054 | ~$2,600,054 | ~1.7289% | ~$44,952 | +19.9% |
| 2028 | ~$2,847,566 | ~$2,847,566 | ~1.6685% | ~$47,512 | +31.4% |
| 2029 | ~$3,118,640 | ~$3,118,640 | ~1.6081% | ~$50,152 | +43.9% |
| 2030 | ~$3,415,518 | ~$3,415,518 | ~1.5478% | ~$52,865 | +57.6% |
In 2025, this property's market value of $2,167,702 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +53% 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 | $2,167,702 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,167,702 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,155,455 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,660,968 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,622,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.