7925 DESTINATION WAY TX 78645
| Owner | CRAWFORD VELTON M III |
|---|---|
| Parcel ID | 0180730501 |
| Short ID | 767583 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 3,500 SF |
| Land SF | 124,102 SF |
| Acres | 2.849 |
| Year Built | 2004 |
| Legal | LOT 1 BLK D HOLLOWS PHS II-D THE |
| Neighborhood | 61NWE |
| Land | $248,205 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $248,205 |
| Improvement | $187,508 |
|---|---|
| Total Improvement | $187,508 |
| Market | $435,713 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $435,713 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $435,713 |
| Taxable Value | $435,713 |
|---|
Appreciation: Market value has risen +166.6% from $163,461 (2021) to $435,713 (2025), a CAGR of 27.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $9,284. Lago Vista ISD is the largest single contributor, at 47.7% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 57% of market value ($248,205 land vs $187,508 improvements), about $2/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $435,713, this parcel sits in the bottom quartile (<25th 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 +27.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,483,999 by 2030, with an estimated annual tax burden around $11,904. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,500 SF | ✓ |
| 591 | MASONRY TRIM SF | 891 SF | ✗ |
| 881 | COMMCL FINISHOUT | 153 SF | ✓ |
Market value changed by 153% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $4,430.77 | $4,430.77 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $1,829.99 | $1,829.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,637.61 | $1,637.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $514.24 | $514.24 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $435.71 | $435.71 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $435.57 | $435.57 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $9,283.89 | $9,283.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $592,688 | $435,713 | +36.0% |
| Assessed Value | $522,856 | $435,713 | +20.0% |
| Land Value | $248,205 | $248,205 | +0.0% |
| Improvement Value | $344,483 | $187,508 | +83.7% |
| Taxable Value | $522,856 | $435,713 | +20.0% |
| HS Cap Loss | -$69,832 | — | |
| Total Tax 2026 = estimate |
~$11,141
Estimated
|
~$9,284
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $592,688 | $592,688 | +0 (+0.0%) |
| Taxable Value | $522,856 | $522,856 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $592,688 | $248,205 | $344,483 | −$69,832 | $522,856 | $522,856 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $435,713 | $248,205 | $187,508 | — | $435,713 | $435,713 | ~$9,284 | Partial |
| 2024 | $391,733 | — | — | −$143,528 | $248,205 | $— | $8,014 | Verified |
| 2023 | $154,666 | — | — | — | $219,052 ! | $— | $7,923 | Verified |
| 2022 | $157,874 | — | — | −$125,110 | $32,764 | $— | $3,415 | Verified |
| 2021 | $163,461 | — | — | −$130,697 | $32,764 | $— | $3,912 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.0% | +20.0% | 88.2% | Not available | Partial |
| 2025 | +13.3% | +13.3% | ~100% | Not available | Partial |
| 2024 | -1.8% | -1.8% | ~100% | 2.0800% | Verified |
| 2023 | +153.3% ! | +153.3% | ~100% | 2.0200% | Verified |
| 2022 | -2.0% | -2.0% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +176.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +36.0% | +39.0% | +21.0% | +153.3% | 2024 | -3.4% | 2022 |
| Assessment Ratio | 88.2% | 72.3% | — | 141.6% | 2023 | 20.0% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,284 | $6,510 | ~$10,848 | $9,284 | 2025 | $3,415 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$556,733 | ~$479,284 | ~2.0439% | ~$9,796 | +27.8% |
| 2027 | ~$711,367 | ~$527,213 | ~1.9570% | ~$10,318 | +63.3% |
| 2028 | ~$908,951 | ~$579,934 | ~1.8702% | ~$10,846 | +108.6% |
| 2029 | ~$1,161,414 | ~$637,927 | ~1.7833% | ~$11,376 | +166.6% |
| 2030 | ~$1,483,999 | ~$701,720 | ~1.6964% | ~$11,904 | +240.6% |
| 2026 | ~$548,019 | ~$479,284 | ~2.1307% | ~$10,212 | +25.8% |
| 2027 | ~$689,272 | ~$527,213 | ~2.1307% | ~$11,234 | +58.2% |
| 2028 | ~$866,933 | ~$579,934 | ~2.1307% | ~$12,357 | +99.0% |
| 2029 | ~$1,090,387 | ~$637,927 | ~2.1307% | ~$13,593 | +150.3% |
| 2030 | ~$1,371,437 | ~$701,720 | ~2.1307% | ~$14,952 | +214.8% |
| 2026 | ~$565,447 | ~$479,284 | ~2.0004% | ~$9,588 | +29.8% |
| 2027 | ~$733,811 | ~$527,213 | ~1.8702% | ~$9,860 | +68.4% |
| 2028 | ~$952,304 | ~$579,934 | ~1.7399% | ~$10,090 | +118.6% |
| 2029 | ~$1,235,855 | ~$637,927 | ~1.6096% | ~$10,268 | +183.6% |
| 2030 | ~$1,603,833 | ~$701,720 | ~1.4793% | ~$10,380 | +268.1% |
In 2025, this property's market value of $435,713 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -69% 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 | $435,713 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $391,733 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $154,666 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $157,874 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $163,461 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.