1202 LAKEWAY DR TX 78734
| Owner | 1202 LAKEWAY DR LLC |
|---|---|
| Parcel ID | 0139760104 |
| Short ID | 137637 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,553 SF |
| Land SF | 61,087 SF |
| Acres | 1.402 |
| Year Built | 1968 |
| Legal | LOT 3425 1.133AC HURST CREEK SQUARE ABS 2099 SUR 67 CON EL PASO IRRIG & MFG CO ACR .269 |
| Neighborhood | 52FSWE |
| Land | $610,870 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $610,870 |
| Improvement | $621,284 |
|---|---|
| Total Improvement | $621,284 |
| Market | $1,232,154 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,232,154 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,232,154 |
| Taxable Value | $1,232,154 |
|---|
Appreciation: Market value has fallen -36.1% from $1,929,100 (2021) to $1,232,154 (2025), a CAGR of -10.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8467% in 2025 (+0.0282% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $22,754. Lake Travis ISD is the largest single contributor, at 56.3% 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 50% of market value ($610,870 land vs $621,284 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,232,154, this parcel sits in the lower-middle (25th–50th 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 -10.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $703,563 by 2030, with an estimated annual tax burden around $11,328. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 28,104 SF | ✗ |
| 2ND | 2nd Floor | 8,961 SF | ✓ |
| 1ST | 1st Floor | 7,592 SF | ✓ |
| 511 | DECK | 1,781 SF | ✗ |
| 501 | CANOPY | 1,745 SF | ✗ |
| 273 | COLDSTG VAULT SM | 261 SF | ✓ |
| SO | Sketch Only | 261 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 282 | LIGHT POLES FV | 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% | $12,810.71 | $12,810.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,630.99 | $4,630.99 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,090.23 | $2,090.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,454.23 | $1,454.23 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,113.85 | $1,113.85 | Paid |
| U26 Lakeway MUD | 0.0822% | 0.0631% | 0.0531% | 0.0531% | 0.0531% | +0.0000% | $654.27 | $654.27 | Paid |
| Combined Rate | 2.0360% | 1.9078% | 1.7596% | 1.8185% | 1.8467% | +0.0282% | $22,754.28 | $22,754.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $875,220 | $1,232,154 | -29.0% |
| Assessed Value | $875,220 | $1,232,154 | -29.0% |
| Land Value | $610,870 | $610,870 | +0.0% |
| Improvement Value | $264,350 | $621,284 | -57.5% |
| Taxable Value | $875,220 | $1,232,154 | -29.0% |
| Total Tax 2026 = estimate |
~$16,163
Estimated
|
~$22,754
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $875,220 | $875,220 | +0 (+0.0%) |
| Taxable Value | $875,220 | $875,220 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $875,220 | $610,870 | $264,350 | — | $875,220 | $875,220 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,232,154 | $610,870 | $621,284 | — | $1,232,154 | $1,232,154 | ~$22,754 | Partial |
| 2024 | $1,729,697 | — | — | −$1,118,827 | $610,870 | $— | $22,501 | Verified |
| 2023 | $1,933,243 | — | — | −$1,322,373 | $610,870 | $— | $30,437 | Verified |
| 2022 | $1,867,000 | — | — | −$1,256,130 | $610,870 | $— | $36,883 | Verified |
| 2021 | $1,929,100 | — | — | −$1,318,230 | $610,870 | $— | $38,012 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -29.0% | -29.0% | ~100% | Not available | Partial |
| 2025 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2024 | -28.5% | -28.5% | ~100% | 1.8200% | Verified |
| 2023 | -10.5% | -10.5% | ~100% | 1.7600% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -34.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.0% | -13.6% | -3.3% | +3.5% | 2023 | -29.0% | 2026 |
| Assessment Ratio | 100.0% | 55.2% | — | 100.0% | 2025 | 31.6% | 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 |
$22,754 | $30,117 | ~$15,291 | $38,012 | 2021 | $22,501 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,101,520 | ~$1,101,520 | ~1.7994% | ~$19,821 | -10.6% |
| 2027 | ~$984,737 | ~$984,737 | ~1.7521% | ~$17,253 | -20.1% |
| 2028 | ~$880,334 | ~$880,334 | ~1.7048% | ~$15,008 | -28.6% |
| 2029 | ~$787,001 | ~$787,001 | ~1.6574% | ~$13,044 | -36.1% |
| 2030 | ~$703,563 | ~$703,563 | ~1.6101% | ~$11,328 | -42.9% |
| 2026 | ~$1,170,546 | ~$1,170,546 | ~1.8467% | ~$21,617 | -5.0% |
| 2027 | ~$1,112,019 | ~$1,112,019 | ~1.8467% | ~$20,536 | -9.7% |
| 2028 | ~$1,056,418 | ~$1,056,418 | ~1.8467% | ~$19,509 | -14.3% |
| 2029 | ~$1,003,597 | ~$1,003,597 | ~1.8467% | ~$18,533 | -18.5% |
| 2030 | ~$953,417 | ~$953,417 | ~1.8467% | ~$17,607 | -22.6% |
| 2026 | ~$1,126,164 | ~$1,126,164 | ~1.7757% | ~$19,998 | -8.6% |
| 2027 | ~$1,029,290 | ~$1,029,290 | ~1.7048% | ~$17,547 | -16.5% |
| 2028 | ~$940,750 | ~$940,750 | ~1.6338% | ~$15,370 | -23.6% |
| 2029 | ~$859,826 | ~$859,826 | ~1.5628% | ~$13,437 | -30.2% |
| 2030 | ~$785,864 | ~$785,864 | ~1.4918% | ~$11,724 | -36.2% |
In 2025, this property's market value of $1,232,154 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% below 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 | $1,232,154 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,729,697 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,933,243 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,867,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,929,100 | $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.