1200 LAKEWAY DR TX 78734
| Owner | ROCKEY-STEWART FAMILY LLC |
|---|---|
| Parcel ID | 0139760117 |
| Short ID | 137644 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 31,392 SF |
| Land SF | 173,020 SF |
| Acres | 3.972 |
| Year Built | 1981 |
| Legal | LOT 1 LAKEWAY VILLAGE SQUARE A RESUB OF |
| Neighborhood | 43SWE |
| Land | $1,038,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,038,120 |
| Improvement | $2,508,010 |
|---|---|
| Total Improvement | $2,508,010 |
| Market | $3,546,130 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,546,130 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,546,130 |
| Taxable Value | $3,546,130 |
|---|
Appreciation: Market value has fallen -1.4% from $3,595,000 (2021) to $3,546,130 (2025), a CAGR of -0.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $65,487. 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 29% of market value ($1,038,120 land vs $2,508,010 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,546,130, 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 -0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,485,976 by 2030, with an estimated annual tax burden around $56,128. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 71,560 SF | ✗ |
| 1ST | 1st Floor | 31,392 SF | ✓ |
| 501 | CANOPY | 7,840 SF | ✗ |
| 611 | TERRACE | 7,840 SF | ✗ |
| 407 | LOADING DOCK | 672 SF | ✓ |
| 482 | LIGHT POLES | 5 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% | $36,869.11 | $36,869.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,327.95 | $13,327.95 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $6,015.65 | $6,015.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,185.25 | $4,185.25 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,205.67 | $3,205.67 | Paid |
| U26 Lakeway MUD | 0.0822% | 0.0631% | 0.0531% | 0.0531% | 0.0531% | +0.0000% | $1,883.00 | $1,883.00 | Paid |
| Combined Rate | 2.0360% | 1.9078% | 1.7596% | 1.8185% | 1.8467% | +0.0282% | $65,486.63 | $65,486.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,574,253 | $3,546,130 | +0.8% |
| Assessed Value | $3,574,253 | $3,546,130 | +0.8% |
| Land Value | $1,038,120 | $1,038,120 | +0.0% |
| Improvement Value | $2,536,133 | $2,508,010 | +1.1% |
| Taxable Value | $3,574,253 | $3,546,130 | +0.8% |
| Total Tax 2026 = estimate |
~$66,006
Estimated
|
~$65,487
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,574,253 | $3,574,253 | +0 (+0.0%) |
| Taxable Value | $3,574,253 | $3,574,253 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,574,253 | $1,038,120 | $2,536,133 | — | $3,574,253 | $3,574,253 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,546,130 | $1,038,120 | $2,508,010 | — | $3,546,130 | $3,546,130 | ~$65,487 | Partial |
| 2024 | $3,297,326 | — | — | −$2,259,206 | $1,038,120 | $— | $63,742 | Verified |
| 2023 | $3,166,563 | — | — | −$2,128,443 | $1,038,120 | $— | $58,021 | Verified |
| 2022 | $3,087,503 | — | — | −$2,049,383 | $1,038,120 | $— | $60,412 | Verified |
| 2021 | $3,595,000 | — | — | −$2,556,880 | $1,038,120 | $— | $62,861 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2024 | +6.3% | +6.3% | ~100% | 1.8200% | Verified |
| 2023 | +4.1% | +4.1% | ~100% | 1.7600% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +0.2% | -0.5% | +7.5% | 2025 | -14.1% | 2022 |
| Assessment Ratio | 100.0% | 54.5% | — | 100.0% | 2025 | 28.9% | 2021 |
| 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 |
$65,487 | $62,105 | ~$59,847 | $65,487 | 2025 | $58,021 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,534,017 | ~$3,534,017 | ~1.7994% | ~$63,591 | -0.3% |
| 2027 | ~$3,521,945 | ~$3,521,945 | ~1.7521% | ~$61,707 | -0.7% |
| 2028 | ~$3,509,914 | ~$3,509,914 | ~1.7048% | ~$59,835 | -1.0% |
| 2029 | ~$3,497,924 | ~$3,497,924 | ~1.6574% | ~$57,976 | -1.4% |
| 2030 | ~$3,485,976 | ~$3,485,976 | ~1.6101% | ~$56,128 | -1.7% |
| 2026 | ~$3,463,094 | ~$3,463,094 | ~1.8467% | ~$63,953 | -2.3% |
| 2027 | ~$3,382,002 | ~$3,382,002 | ~1.8467% | ~$62,456 | -4.6% |
| 2028 | ~$3,302,810 | ~$3,302,810 | ~1.8467% | ~$60,993 | -6.9% |
| 2029 | ~$3,225,471 | ~$3,225,471 | ~1.8467% | ~$59,565 | -9.0% |
| 2030 | ~$3,149,944 | ~$3,149,944 | ~1.8467% | ~$58,170 | -11.2% |
| 2026 | ~$3,604,939 | ~$3,604,939 | ~1.7757% | ~$64,014 | +1.7% |
| 2027 | ~$3,664,724 | ~$3,664,724 | ~1.7048% | ~$62,474 | +3.3% |
| 2028 | ~$3,725,500 | ~$3,725,500 | ~1.6338% | ~$60,866 | +5.1% |
| 2029 | ~$3,787,284 | ~$3,787,284 | ~1.5628% | ~$59,188 | +6.8% |
| 2030 | ~$3,850,092 | ~$3,850,092 | ~1.4918% | ~$57,437 | +8.6% |
In 2025, this property's market value of $3,546,130 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +150% 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 | $3,546,130 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,297,326 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,166,563 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,087,503 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,595,000 | $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.