20308 W STATE HY 71 TX 78669
| Owner | ELKSTAR LP |
|---|---|
| Parcel ID | 0534060705 |
| Short ID | 374075 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 10,200 SF |
| Land SF | 112,254 SF |
| Acres | 2.577 |
| Year Built | 2000 |
| Legal | LOT 1 TRAVIS SETTLEMENT SEC 3 RESUB OF PORTIONS OF LTS 177, 178,179,181,182,184B,185&186 |
| Neighborhood | 53SWE |
| Land | $785,779 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $785,779 |
| Improvement | $1,414,221 |
|---|---|
| Total Improvement | $1,414,221 |
| Market | $2,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,200,000 |
| Taxable Value | $2,200,000 |
|---|
Appreciation: Market value has fallen -11.0% from $2,471,100 (2021) to $2,200,000 (2025), a CAGR of -2.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 5 taxing entities is 1.7041% in 2025 (+0.0281% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $37,490. Lake Travis ISD is the largest single contributor, at 61.0% 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 36% of market value ($785,779 land vs $1,414,221 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,200,000, this parcel sits in the upper-middle (50th–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 -2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,902,559 by 2030, with an estimated annual tax burden around $28,136. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 13,000 SF | ✗ |
| 1ST | 1st Floor | 7,500 SF | ✓ |
| 2ND | 2nd Floor | 2,700 SF | ✓ |
| 501 | CANOPY | 1,800 SF | ✗ |
| 591 | MASONRY TRIM SF | 890 SF | ✗ |
| 511 | DECK | 104 SF | ✗ |
| 581C | STORAGE ATT COMM | 48 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 77% in 2026, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $22,873.40 | $22,873.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,268.59 | $8,268.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,596.51 | $2,596.51 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $2,046.33 | $2,046.33 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $1,705.00 | $1,705.00 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $37,489.83 | $37,489.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $502,645 | $2,200,000 | -77.2% |
| Assessed Value | $502,645 | $2,200,000 | -77.2% |
| Land Value | $785,779 | $785,779 | +0.0% |
| Improvement Value | — | $1,414,221 | — |
| Taxable Value | $502,645 | $2,200,000 | -77.2% |
| Total Tax 2026 = estimate |
~$8,565
Estimated
|
~$37,490
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $502,645 | $502,645 | +0 (+0.0%) |
| Taxable Value | $502,645 | $502,645 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $502,645 | $785,779 | — | — | $502,645 | $502,645 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,200,000 | $785,779 | $1,414,221 | — | $2,200,000 | $2,200,000 | ~$37,490 | Partial |
| 2024 | $2,837,787 | — | — | −$2,052,008 | $785,779 | $— | $36,872 | Verified |
| 2023 | $2,798,525 | — | — | −$2,012,746 | $785,779 | $— | $46,354 | Verified |
| 2022 | $2,550,113 | — | — | −$1,764,334 | $785,779 | $— | $49,870 | Verified |
| 2021 | $2,471,100 | — | — | −$1,965,956 | $505,144 | $— | $48,051 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -77.2% ! | -77.2% | ~100% | Not available | Partial |
| 2025 | -31.9% | -31.9% | ~100% | Not available | Partial |
| 2024 | +5.2% | +5.2% | ~100% | 1.1400% | Verified |
| 2023 | +9.7% | +9.7% | ~100% | 1.5100% | Verified |
| 2022 | +9.7% | +9.7% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -77.2% | -17.1% | +62.7% | +9.7% | 2023 | -77.2% | 2026 |
| Assessment Ratio | 100.0% | 51.2% | — | 100.0% | 2025 | 20.4% | 2021 |
| Effective Tax Rate (2025) | 1.7000% | 1.7000% | — | 1.7000% | 2025 | 1.7000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$37,490 | $43,727 | ~$31,715 | $49,870 | 2022 | $36,872 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,137,006 | ~$2,137,006 | ~1.6590% | ~$35,454 | -2.9% |
| 2027 | ~$2,075,816 | ~$2,075,816 | ~1.6140% | ~$33,503 | -5.6% |
| 2028 | ~$2,016,378 | ~$2,016,378 | ~1.5689% | ~$31,636 | -8.3% |
| 2029 | ~$1,958,642 | ~$1,958,642 | ~1.5239% | ~$29,847 | -11.0% |
| 2030 | ~$1,902,559 | ~$1,902,559 | ~1.4788% | ~$28,136 | -13.5% |
| 2026 | ~$2,093,006 | ~$2,093,006 | ~1.7041% | ~$35,667 | -4.9% |
| 2027 | ~$1,991,216 | ~$1,991,216 | ~1.7041% | ~$33,932 | -9.5% |
| 2028 | ~$1,894,376 | ~$1,894,376 | ~1.7041% | ~$32,282 | -13.9% |
| 2029 | ~$1,802,246 | ~$1,802,246 | ~1.7041% | ~$30,712 | -18.1% |
| 2030 | ~$1,714,596 | ~$1,714,596 | ~1.7041% | ~$29,218 | -22.1% |
| 2026 | ~$2,181,006 | ~$2,181,006 | ~1.6365% | ~$35,692 | -0.9% |
| 2027 | ~$2,162,176 | ~$2,162,176 | ~1.5689% | ~$33,923 | -1.7% |
| 2028 | ~$2,143,509 | ~$2,143,509 | ~1.5014% | ~$32,182 | -2.6% |
| 2029 | ~$2,125,003 | ~$2,125,003 | ~1.4338% | ~$30,468 | -3.4% |
| 2030 | ~$2,106,656 | ~$2,106,656 | ~1.3662% | ~$28,781 | -4.2% |
In 2025, this property's market value of $2,200,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +55% 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 | $2,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,837,787 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,798,525 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,550,113 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,471,100 | $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.