COMMONS PKWY TX 78660
| Owner | LAKESIDE MUNICIPAL UTILITY DISTRICT |
|---|---|
| Parcel ID | 0288551003 |
| Short ID | 739072 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 4,164 SF |
| Land SF | 98,340 SF |
| Acres | 2.258 |
| Year Built | 2007 |
| Legal | LOT 3 BLK G COMMONS AT ROWE LANE PHS I THE (AMENITY CENTER) (AMENITY CENTER) |
| Neighborhood | A7500 |
| Land | $1,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,425 |
| Improvement | $915,381 |
|---|---|
| Total Improvement | $915,381 |
| Market | $916,806 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $916,806 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $916,806 |
| Taxable Value | $916,806 |
|---|
Appreciation: Market value has risen +15668.9% from $5,814 (2021) to $916,806 (2025), a CAGR of 254.4% over 4 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Homestead Cap History: This property had an active homestead cap as recently as 2022 ($1,076,808, ~117.5% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 0% of market value ($1,425 land vs $915,381 improvements), about $0/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $916,806, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +254.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $512,307,214 by 2030, with an estimated annual tax burden around $0. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,164 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 4,164 SF | ✗ |
| 450 | SPORT COURT | 3,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,014 SF | ✗ |
| 435 | FENCE IRON LF | 438 SF | ✗ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 604C | POOL CONC COMM | 1 SF | ✗ |
Market value changed by 5563% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $816,819 | $916,806 | -10.9% |
| Assessed Value | $816,819 | $916,806 | -10.9% |
| Land Value | $2,533 | $1,425 | +77.8% |
| Improvement Value | $814,286 | $915,381 | -11.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| HS Cap Loss | — | -$1,076,808 (2022) | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $816,819 | $816,819 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $816,819 | $2,533 | $814,286 | — | $816,819 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $916,806 | $1,425 | $915,381 | — | $916,806 | $— | not in county billing file ⓘ | Partial |
| 2024 | $1,021,483 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $1,078,158 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $19,039 | — | — | −$17,689 | $1,350 | $— | $13,593 | Verified |
| 2021 | $5,814 | — | — | −$4,764 | $1,050 | $— | $522 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2025 | +40.8% | +40.8% | ~100% | Not available | Partial |
| 2024 | -36.3% | -36.3% | ~100% | No billing data | Verified |
| 2023 | -5.3% | -5.3% | ~100% | No billing data | Verified |
| 2022 | +5562.9% ! | +5562.9% | ~100% | 1.2600% | Verified |
| 2021 | base year | — | ~100% | 8.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4715.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.9% | +1152.8% | +263.0% | +5562.9% | 2023 | -10.9% | 2026 |
| Assessment Ratio | 100.0% | 56.3% | — | 100.0% | 2025 | 7.1% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $13,593 | $7,057 | — | $13,593 | 2022 | $522 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,248,838 | ~$1,008,487 | ~0.0000% | ~$0 | +254.4% |
| 2027 | ~$11,512,739 | ~$1,109,335 | ~0.0000% | ~$0 | +1155.7% |
| 2028 | ~$40,797,097 | ~$1,220,269 | ~0.0000% | ~$0 | +4349.9% |
| 2029 | ~$144,570,561 | ~$1,342,296 | ~0.0000% | ~$0 | +15668.9% |
| 2030 | ~$512,307,214 | ~$1,476,525 | ~0.0000% | ~$0 | +55779.6% |
| 2026 | ~$3,230,502 | ~$1,008,487 | ~0.0000% | ~$0 | +252.4% |
| 2027 | ~$11,383,152 | ~$1,109,335 | ~0.0000% | ~$0 | +1141.6% |
| 2028 | ~$40,110,224 | ~$1,220,269 | ~0.0000% | ~$0 | +4275.0% |
| 2029 | ~$141,334,320 | ~$1,342,296 | ~0.0000% | ~$0 | +15315.9% |
| 2030 | ~$498,012,428 | ~$1,476,525 | ~0.0000% | ~$0 | +54220.4% |
| 2026 | ~$3,267,174 | ~$1,008,487 | ~0.0000% | ~$0 | +256.4% |
| 2027 | ~$11,643,059 | ~$1,109,335 | ~0.0000% | ~$0 | +1170.0% |
| 2028 | ~$41,491,767 | ~$1,220,269 | ~0.0000% | ~$0 | +4425.7% |
| 2029 | ~$147,862,063 | ~$1,342,296 | ~0.0000% | ~$0 | +16028.0% |
| 2030 | ~$526,928,382 | ~$1,476,525 | ~0.0000% | ~$0 | +57374.4% |
In 2025, this property's market value of $916,806 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +76% above the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $916,806 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,021,483 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,078,158 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $19,039 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $5,814 | $300,453 | $376,850 | $539,896 | ↓ Bottom 25% | base yr |