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WCAD
Property Owner Property Address Tax Year 2025 Market Value
R061775
LAKE CREEK BUILDING LLC
13740 RESEARCH BLVD, BLDG #U UNIT 3, AUSTIN, TX 78750

$151,922

A Payment for this account is pending in the amount of

2025 GENERAL INFORMATION
Property Status Active
Property Type C1
Legal Description C517 - BANK OF THE HILLS OFFICE PARK CONDO, BUILDING U, UNIT 3, 0.53% COMMON AREA INTEREST
Neighborhood 3142CR4PD - BANK OF THE HILLS OFFICE PARK
Account R-16-3612-000U-0003
Related Properties R306669, P457055
Map Number 4-7418
Effective Acres -

2025 OWNER INFORMATION
Owner Name LAKE CREEK BUILDING LLC
Owner ID
Exemptions Circuit Breaker Limitation (Active)
Percent Ownership 100%
Mailing Address 11806 DOONESBURY CV AUSTIN, TX 78758
Agent FIVE STONE PROPERTY TAX (A0576064)

2025 VALUE INFORMATION
MARKET VALUE
Improvement Homesite Value $0
Improvement Non-Homesite Value $128,522
Total Improvement Market Value $128,522

Land Homesite Value $0
Land Non-Homesite Value $23,400
Land Agricultural Market Value $0
Land Timber Market Value $0
Total Land Market Value $23,400
Total Market Value $151,922
ASSESSED VALUE
Total Improvement Market Value $128,522
Land Homesite Value $0
Land Non-Homesite Value $23,400
Agricultural Use $0
Timber Use $0
Total Appraised Value $151,922
Homestead Cap Loss

Homestead cap loss in Texas is a tax break given to homestead owners on taxes due on their property. The cap is calculated by limiting the tax value to a maximum of 10% of the previous year’s assessed property value, plus any improvements made to the homestead. The cap is subject to conditions.

-$0
Circuit Breaker Limit Cap Loss

Circuit breaker limit cap loss is similar to homestead cap loss but applies to real property other than residence homestead. The cap is calculated by limiting the tax value to a maximum of 20% of the previous year's assessed property value, plus any improvements made to the property. The cap is subject to conditions.

-$2,079
Total Assessed Value $149,843

2025 ENTITIES & EXEMPTIONS
Special Exemptions CBL - Circuit Breaker Limitation
TAXING ENTITY EXEMPTIONS EXEMPTIONS AMOUNT TAXABLE VALUE TAX RATE PER 100
CAD- Williamson CAD - $149,843 0
CAU- City of Austin - $149,843 0.4776
GWI- Williamson CO - $149,843 0.35567
J01- Aus Comm Coll - $149,843 0.1013
L01- And Mill Limited Dist - $149,843 0.121104
RFM- Wmsn CO FM/RD - $149,843 0.044329
SRR- Round Rock ISD - $149,843 0.8931
W09- Upper Brushy Creek WCID - $149,843 0.017
TOTALS 2.010103


2025 IMPROVEMENTS
Expand/Collapse All
  • Improvement #1 State Code Homesite Total Main Area (Exterior Measured) Market Value
    -
    F1 - Real, Commercial No 470 Sq. Ft $128,522
    RECORD TYPE YEAR BUILT SQ. FT VALUE ADD'L INFO
    1 Main Area 1983 470 $128,522 Details

2025 LAND SEGMENTS
LAND SEGMENT TYPE STATE CODE HOMESITE MARKET VALUE AG USE TIM USE LAND SIZE
1 - Commercial F1 - Real, Commercial No $23,400 $0 $0 -

VALUE HISTORY
YEAR IMPROVEMENT LAND MARKET AG MARKET AG USE TIM MARKET TIM USE APPRAISED HS CAP LOSS CBL CAP LOSS ASSESSED
2024 $101,469 $23,400 $124,869 $0 $0 $0 $0 $124,869 $0 $0 $124,869
2023 $137,204 $23,400 $160,604 $0 $0 $0 $0 $160,604 $0 $0 $160,604
2022 $107,915 $16,588 $124,503 $0 $0 $0 $0 $124,503 $0 $0 $124,503
2021 $87,970 $16,588 $104,558 $0 $0 $0 $0 $104,558 $0 $0 $104,558
2020 $62,576 $15,787 $78,363 $0 $0 $0 $0 $78,363 $0 $0 $78,363

SALES HISTORY
DEED DATE SELLER BUYER INSTR # VOLUME/PAGE
10/14/2021 SCHIELE, NORMAN KARL OF THE SCHIELE & LONGAN TRUST
LAKE CREEK BUILDING LLC 2021158855
3/20/2013 SCHIELE, NORMAN
SCHIELE, NORMAN KARL OF THE SCHIELE & LONGAN TRUST 2013039263
9/8/2010 SCHIELE MARGARET C TRUSTEE OF SCHIELE TRUST
SCHIELE, NORMAN 2010061418
10/10/2003 SCHIELE MARGARET C TRUSTEE OF SCHIELE TRUST
SCHIELE MARGARET C TRUSTEE OF SCHIELE TRUST 2003099500
1/17/2003 LIMIN PROPERTIES LTD
SCHIELE MARGARET C TRUSTEE OF SCHIELE TRUST 2003005211
1/4/2000 WESTBROOK TERRY & VERNETTA
LIMIN PROPERTIES LTD -
2000/004391
12/16/1998 IPPCO, INC
WESTBROOK TERRY & VERNETTA 9875386
7/13/1993 RESEARCH, OFFICE INC
IPPCO, INC -
MEGER
CONDOFFICE, INC
RESEARCH, OFFICE INC -

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This agreement is to provide for electronic delivery of tax bills pursuant to Tax Code 31.01. This agreement remains in effect for all subsequent tax bills pursuant to Tax Code 31.01 until the earlier of the following: (1) You are no longer entitled to receive a tax bill for this property (i.e. the property is sold or a change in ownership occurs): or (2) a written request to terminate electronic delivery of tax bills is submitted by an authorized individual to the Tax Assessor/Collector. Notice: Failure to send or receive a tax bill required by this section, including any tax bill to be delivered by electronic means, does not affect the validity of the tax, penalty or interest, the due date, the existence of a tax lien or any procedure instituted to collect a tax.
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DISCLAIMER

Every effort has been made to offer the most current and correct information possible on these pages. The information included on these pages has been compiled by County staff from a variety of sources, and is subject to change without notice. The Williamson Central Appraisal District makes no warranties or representations whatsoever regarding the quality, content, completeness, accuracy or adequacy of such information and data. The Williamson Central Appraisal District reserves the right to make changes at any time without notice. Original records may differ from the information on these pages. Verification of information on source documents is recommended. By using this application, you assume all risks arising out of or associated with access to these pages, including but not limited to risks of damage to your computer, peripherals, software and data from any virus, software, file or other cause associated with access to this application. The Williamson Central Appraisal District shall not be liable for any damages whatsoever arising out of any cause relating to use of this application, including but not limited to mistakes, omissions, deletions, errors, or defects in any information contained in these pages, or any failure to receive or delay in receiving information.sed or implied.