20624 F M RD 1431 9 TX 78645
| Owner | CASEY PROFESSIONAL BUILDING LLC |
|---|---|
| Parcel ID | 0182761310 |
| Short ID | 773647 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 863 SF |
| Land SF | 4,257 SF |
| Acres | 0.098 |
| Year Built | 2008 |
| Legal | UNT 9 CASEY PROFESSIONAL BUILDING CONDOMINIUMS PLUS 7.6 % INT IN COM AREA |
| Neighborhood | 26FNW11 |
| Land | $19,158 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,158 |
| Improvement | $307,888 |
|---|---|
| Total Improvement | $307,888 |
| Market | $327,046 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $327,046 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $327,046 |
| Taxable Value | $327,046 |
|---|
Appreciation: Market value has risen +137.6% from $137,663 (2021) to $327,046 (2025), a CAGR of 24.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $6,968. 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 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 6% of market value ($19,158 land vs $307,888 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $327,046, 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 +24.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $964,602 by 2030, with an estimated annual tax burden around $8,935. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 863 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $3,059.67 | $3,059.67 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $1,263.70 | $1,263.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,130.85 | $1,130.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $355.11 | $355.11 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $300.88 | $300.88 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $300.78 | $300.78 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $6,410.99 | $6,410.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $286,481 | $327,046 | -12.4% |
| Assessed Value | $286,481 | $327,046 | -12.4% |
| Land Value | $19,158 | $19,158 | +0.0% |
| Improvement Value | $267,323 | $307,888 | -13.2% |
| Taxable Value | $286,481 | $327,046 | -12.4% |
| Total Tax 2026 = estimate |
~$6,104
Estimated
|
~$6,411
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $395,419 | $286,481 | -108,938 (-27.6%) |
| Taxable Value | $361,058 | $286,481 | -74,577 (-20.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $286,481 | $19,158 | $267,323 | — | $286,481 | $286,481 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $327,046 | $19,158 | $307,888 | — | $327,046 | $327,046 | ~$6,411 | Partial |
| 2024 | $249,597 | — | — | −$230,439 | $19,158 | $— | $6,240 | Verified |
| 2023 | $211,520 | — | — | −$192,362 | $19,158 | $— | $5,048 | Verified |
| 2022 | $165,700 | — | — | −$146,542 | $19,158 | $— | $4,671 | Verified |
| 2021 | $137,663 | — | — | −$118,505 | $19,158 | $— | $4,106 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.9% | +10.4% | 91.3% | Not available | Partial |
| 2025 | -12.3% | +9.2% | ~100% | Not available | Partial |
| 2024 | +21.4% | -2.5% | 80.4% | 1.6700% | Verified |
| 2023 | +30.0% | +30.0% | ~100% | 1.6400% | Verified |
| 2022 | -3.7% | -3.7% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.4% | +16.9% | +27.7% | +31.0% | 2025 | -12.4% | 2026 |
| Assessment Ratio | 100.0% | 40.4% | — | 100.0% | 2025 | 7.7% | 2024 |
| Effective Tax Rate (2025) | 1.9600% | 1.9600% | — | 1.9600% | 2025 | 1.9600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,411 | $5,295 | ~$8,142 | $6,411 | 2025 | $4,106 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$406,029 | ~$359,751 | ~2.0439% | ~$7,353 | +24.2% |
| 2027 | ~$504,086 | ~$395,726 | ~1.9570% | ~$7,744 | +54.1% |
| 2028 | ~$625,824 | ~$435,298 | ~1.8702% | ~$8,141 | +91.4% |
| 2029 | ~$776,963 | ~$478,828 | ~1.7833% | ~$8,539 | +137.6% |
| 2030 | ~$964,602 | ~$526,711 | ~1.6964% | ~$8,935 | +194.9% |
| 2026 | ~$399,488 | ~$359,751 | ~2.1307% | ~$7,665 | +22.2% |
| 2027 | ~$487,976 | ~$395,726 | ~2.1307% | ~$8,432 | +49.2% |
| 2028 | ~$596,064 | ~$435,298 | ~2.1307% | ~$9,275 | +82.3% |
| 2029 | ~$728,094 | ~$478,828 | ~2.1307% | ~$10,203 | +122.6% |
| 2030 | ~$889,369 | ~$526,711 | ~2.1307% | ~$11,223 | +171.9% |
| 2026 | ~$412,570 | ~$359,751 | ~2.0004% | ~$7,197 | +26.2% |
| 2027 | ~$520,458 | ~$395,726 | ~1.8702% | ~$7,401 | +59.1% |
| 2028 | ~$656,559 | ~$435,298 | ~1.7399% | ~$7,574 | +100.8% |
| 2029 | ~$828,252 | ~$478,828 | ~1.6096% | ~$7,707 | +153.3% |
| 2030 | ~$1,044,843 | ~$526,711 | ~1.4793% | ~$7,792 | +219.5% |
In 2025, this property's market value of $327,046 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -77% 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 | $327,046 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $249,597 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $211,520 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $165,700 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $137,663 | $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.