LAKEWOOD RIDGE CV TX 78738
| Owner | BELVEDERE HOMEOWNERS |
|---|---|
| Parcel ID | 0115950157 |
| Short ID | 831322 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 539,011 SF |
| Acres | 12.374 |
| Year Built | — |
| Legal | LOT 2 BLK D BELVEDERE PHS VI (GREENBELT, DRAINAGE, WATER QUALITY & PUBLIC UTILITY ESMT) (GREENBELT, DRAINAGE, WATER QUALITY & PUBLIC UTILITY ESMT) |
| Neighborhood | P5107 |
| Land | $40,834 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $40,834 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $40,834 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,834 |
| Value Limitation Adjustment (−) (homestead cap) | −$18,491 |
| Net Appraised (assessed) | $22,343 |
| Taxable Value | $22,343 |
|---|
Appreciation: Market value has risen +189.5% from $14,106 (2021) to $40,834 (2025), a CAGR of 30.4% 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.8065% in 2025 (+0.0084% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $404. Lake Travis ISD is the largest single contributor, at 57.6% of the total 2025 levy.
Assessment Gap: Assessed value ($22,343) is $18,491 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($40,834 land vs $0 improvements), about $0/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $40,834, this parcel sits in the lower-middle (25th–50th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +23.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $118,206 by 2031, with an estimated annual tax burden around $1,754. 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.
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.
| 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% | $232.30 | $232.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $83.98 | $83.98 | Paid |
| U1K Belvedere MUD | 0.2650% | 0.2225% | 0.2050% | 0.1925% | 0.1825% | -0.0100% | $40.78 | $40.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $26.37 | $26.37 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $20.20 | $20.20 | Paid |
| Combined Rate | 2.0643% | 1.9382% | 1.7675% | 1.7981% | 1.8065% | +0.0084% | $403.63 | $403.63 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $232.30 | 57.6% |
| TCO Travis County | 0.3758% | $83.98 | 20.8% |
| U1K Belvedere MUD | 0.1825% | $40.78 | 10.1% |
| THD Travis Central Health | 0.1180% | $26.37 | 6.5% |
| E06 Travis County ESD # 06 | 0.0904% | $20.20 | 5.0% |
| Total | 1.8065% | $403.63 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $40,834 | $40,834 | +0.0% |
| Assessed Value | $26,812 | $22,343 | +20.0% |
| Land Value | $40,834 | $40,834 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $26,812 | $22,343 | +20.0% |
| HS Cap Loss | -$14,022 | — | |
| Total Tax 2026 = estimate |
~$484
Estimated
|
~$404
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $40,834 | $40,834 | — | −$14,022 | $26,812 | $26,812 | Not yet — post-cert | Preliminary |
| 2025 | $40,834 | $40,834 | — | −$18,491 | $22,343 | $22,343 | ~$404 | Partial |
| 2024 | $40,834 | $40,834 | — | −$22,215 | $18,619 | $18,619 | $335 | Verified |
| 2023 | $40,834 | $40,834 | — | — | $40,834 | $40,834 | $274 | Verified |
| 2022 | $14,106 | $14,106 | — | — | $14,106 | $14,106 | $273 | Verified |
| 2021 | $14,106 | $14,106 | — | — | $14,106 | $14,106 | $291 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 65.7% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 54.7% | Not available | Partial |
| 2024 | +0.0% | -54.4% | 45.6% | No billing data | Verified |
| 2023 | +189.5% ! | +189.5% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +189.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +37.9% | +23.7% | +189.5% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 65.7% | 77.7% | — | 100.0% | 2021 | 45.6% | 2024 |
| Effective Tax Rate (2025) | 0.9900% | 0.9900% | — | 0.9900% | 2025 | 0.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$404 | $315 | ~$1,282 | $404 | 2025 | $273 | 2022 |
Market value changed by 189% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$50,506 | ~$50,506 | ~1.7420% | ~$880 | +23.7% |
| 2028 | ~$62,470 | ~$62,470 | ~1.6776% | ~$1,048 | +53.0% |
| 2029 | ~$77,267 | ~$77,267 | ~1.6131% | ~$1,246 | +89.2% |
| 2030 | ~$95,569 | ~$95,569 | ~1.5487% | ~$1,480 | +134.0% |
| 2031 | ~$118,206 | ~$118,206 | ~1.4842% | ~$1,754 | +189.5% |
| 2027 | ~$49,690 | ~$49,690 | ~1.8065% | ~$898 | +21.7% |
| 2028 | ~$60,466 | ~$60,466 | ~1.8065% | ~$1,092 | +48.1% |
| 2029 | ~$73,579 | ~$73,579 | ~1.8065% | ~$1,329 | +80.2% |
| 2030 | ~$89,536 | ~$89,536 | ~1.8065% | ~$1,617 | +119.3% |
| 2031 | ~$108,953 | ~$108,953 | ~1.8065% | ~$1,968 | +166.8% |
| 2027 | ~$51,323 | ~$51,323 | ~1.7098% | ~$878 | +25.7% |
| 2028 | ~$64,506 | ~$64,506 | ~1.6131% | ~$1,041 | +58.0% |
| 2029 | ~$81,076 | ~$81,076 | ~1.5164% | ~$1,229 | +98.6% |
| 2030 | ~$101,902 | ~$101,902 | ~1.4197% | ~$1,447 | +149.6% |
| 2031 | ~$128,077 | ~$128,077 | ~1.3231% | ~$1,695 | +213.7% |
In 2025, this property's market value of $40,834 places it in the 25th–50th percentile for Land/Vacant properties in Travis County (35611 comparable) — -52% below the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $40,834 | $24,862 | $84,423 | $362,804 | ↓ Below median | +2.1% |
| 2024 | $40,834 | $23,000 | $66,000 | $328,966 | ↓ Below median | +0.0% |
| 2023 | $40,834 | $24,692 | $71,500 | $270,000 | ↓ Below median | +0.0% |
| 2022 | $14,106 | $15,000 | $55,000 | $180,000 | ↓ Bottom 25% | +100.0% |
| 2021 | $14,106 | $8,000 | $22,000 | $81,900 | ↓ Below median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |