20808 W STATE HY 71 B TX 78669
| Owner | NIKAIA 71 WEST LLC |
|---|---|
| Parcel ID | 0534060803 |
| Short ID | 787463 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 5,508 SF |
| Land SF | 57,605 SF |
| Acres | 1.322 |
| Year Built | 2003 |
| Legal | UNT B TRAVISTA CONDOMINIUMS PLUS 51.0 % INT IN COM AREA |
| Neighborhood | 23SW01 |
| Land | $288,025 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $288,025 |
| Improvement | $1,011,304 |
|---|---|
| Total Improvement | $1,011,304 |
| Market | $1,299,329 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,299,329 |
| Value Limitation Adjustment (−) (homestead cap) | −$75,229 |
| Net Appraised (assessed) | $1,224,100 |
| Taxable Value | $1,224,100 |
|---|
Appreciation: Market value has risen +79.8% from $722,496 (2021) to $1,299,329 (2025), a CAGR of 15.8% 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 5 taxing entities is 1.7041% in 2025 (+0.0281% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $20,860. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,224,100) is $75,229 below market value, suggesting potential for an upward assessment in future years.
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 22% of market value ($288,025 land vs $1,011,304 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,299,329, this parcel sits in the lower-middle (25th–50th 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 +15.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,705,975 by 2030, with an estimated annual tax burden around $29,154. 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 | 5,508 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% | $12,726.97 | $12,726.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,600.72 | $4,600.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,444.72 | $1,444.72 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $1,138.60 | $1,138.60 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $948.68 | $948.68 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $20,859.69 | $20,859.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,299,329 | $1,299,329 | +0.0% |
| Assessed Value | $1,299,329 | $1,224,100 | +6.1% |
| Land Value | $288,025 | $288,025 | +0.0% |
| Improvement Value | $1,011,304 | $1,011,304 | +0.0% |
| Taxable Value | $1,299,329 | $1,224,100 | +6.1% |
| Total Tax 2026 = estimate |
~$22,142
Estimated
|
~$20,860
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,299,329 | $1,299,329 | +0 (+0.0%) |
| Taxable Value | $1,299,329 | $1,299,329 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,299,329 | $288,025 | $1,011,304 | — | $1,299,329 | $1,299,329 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,299,329 | $288,025 | $1,011,304 | −$75,229 | $1,224,100 | $1,224,100 | ~$20,860 | Partial |
| 2024 | $1,020,083 | — | — | −$732,058 | $288,025 | $— | $17,097 | Verified |
| 2023 | $838,973 | — | — | −$550,948 | $288,025 | $— | $16,663 | Verified |
| 2022 | $750,000 | — | — | −$461,975 | $288,025 | $— | $14,951 | Verified |
| 2021 | $722,496 | — | — | −$434,471 | $288,025 | $— | $14,132 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +6.1% | ~100% | Not available | Partial |
| 2025 | +2.2% | +0.0% | 94.2% | Not available | Partial |
| 2024 | +24.7% | +20.0% | 96.2% | 1.3400% | Verified |
| 2023 | +21.6% | +21.6% | ~100% | 1.6300% | Verified |
| 2022 | -0.2% | -0.2% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.9% | +15.8% | +27.4% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 55.8% | — | 100.0% | 2026 | 28.2% | 2024 |
| Effective Tax Rate (2025) | 1.6100% | 1.6100% | — | 1.6100% | 2025 | 1.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,860 | $16,740 | ~$25,654 | $20,860 | 2025 | $14,132 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,504,666 | ~$1,346,510 | ~1.6590% | ~$22,339 | +15.8% |
| 2027 | ~$1,742,453 | ~$1,481,161 | ~1.6140% | ~$23,906 | +34.1% |
| 2028 | ~$2,017,818 | ~$1,629,277 | ~1.5689% | ~$25,562 | +55.3% |
| 2029 | ~$2,336,699 | ~$1,792,205 | ~1.5239% | ~$27,311 | +79.8% |
| 2030 | ~$2,705,975 | ~$1,971,425 | ~1.4788% | ~$29,154 | +108.3% |
| 2026 | ~$1,478,679 | ~$1,346,510 | ~1.7041% | ~$22,946 | +13.8% |
| 2027 | ~$1,682,786 | ~$1,481,161 | ~1.7041% | ~$25,240 | +29.5% |
| 2028 | ~$1,915,066 | ~$1,629,277 | ~1.7041% | ~$27,764 | +47.4% |
| 2029 | ~$2,179,408 | ~$1,792,205 | ~1.7041% | ~$30,541 | +67.7% |
| 2030 | ~$2,480,238 | ~$1,971,425 | ~1.7041% | ~$33,595 | +90.9% |
| 2026 | ~$1,530,652 | ~$1,346,510 | ~1.6365% | ~$22,036 | +17.8% |
| 2027 | ~$1,803,159 | ~$1,481,161 | ~1.5689% | ~$23,238 | +38.8% |
| 2028 | ~$2,124,181 | ~$1,629,277 | ~1.5014% | ~$24,461 | +63.5% |
| 2029 | ~$2,502,355 | ~$1,792,205 | ~1.4338% | ~$25,696 | +92.6% |
| 2030 | ~$2,947,857 | ~$1,971,425 | ~1.3662% | ~$26,934 | +126.9% |
In 2025, this property's market value of $1,299,329 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,299,329 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,020,083 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $838,973 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $750,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $722,496 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.