15201 FALCON HEAD BLVD TX 78738
| Owner | FALCONHEAD GC LLC |
|---|---|
| Parcel ID | 0123700507 |
| Short ID | 900101 |
| Type | Real |
| Use Code | 92 Country Club |
| Valuation | Income |
| Improvement SF | 9,394 SF |
| Land SF | 232,811 SF |
| Acres | 5.345 |
| Year Built | 2004 |
| Legal | LOT 1A BLK A SPILLMAN RANCH PHS 1 SEC 8 LT 1A BLK A |
| Neighborhood | 92SWE |
| Land | $106,892 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $106,892 |
| Improvement | $1,212,439 |
|---|---|
| Total Improvement | $1,212,439 |
| Market | $1,319,331 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,319,331 |
| Value Limitation Adjustment (−) (homestead cap) | −$614,507 |
| Net Appraised (assessed) | $704,824 |
| Taxable Value | $704,824 |
|---|
Appreciation: Market value has risen +169.5% from $489,461 (2021) to $1,319,331 (2025), a CAGR of 28.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,587. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Assessment Gap: Assessed value ($704,824) is $614,507 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 8% of market value ($106,892 land vs $1,212,439 improvements), about $0/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,319,331, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +28.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,791,220 by 2031, with an estimated annual tax burden around $38,634. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 68,000 SF | ✗ |
| 1ST | 1st Floor | 9,394 SF | ✓ |
| 501 | CANOPY | 5,268 SF | ✗ |
| SO | Sketch Only | 396 SF | ✗ |
| 482 | LIGHT POLES | 20 SF | ✓ |
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% | $7,328.06 | $7,328.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,649.05 | $2,649.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $831.85 | $831.85 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $637.15 | $637.15 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $140.96 | $140.96 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $11,587.07 | $11,587.07 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $7,328.06 | 63.2% |
| TCO Travis County | 0.3758% | $2,649.05 | 22.9% |
| THD Travis Central Health | 0.1180% | $831.85 | 7.2% |
| E06 Travis County ESD # 06 | 0.0904% | $637.15 | 5.5% |
| VBC City of Bee Cave | 0.0200% | $140.96 | 1.2% |
| Total | 1.6440% | $11,587.07 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,683,620 | $1,319,331 | +27.6% |
| Assessed Value | $1,683,620 | $704,824 | +138.9% |
| Land Value | $106,892 | $106,892 | +0.0% |
| Improvement Value | $1,576,728 | $1,212,439 | +30.0% |
| Taxable Value | $1,683,620 | $704,824 | +138.9% |
| Total Tax 2026 = estimate |
~$27,678
Estimated
|
~$11,587
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,683,620 | $106,892 | $1,576,728 | — | $1,683,620 | $1,683,620 | Not yet — post-cert | Preliminary |
| 2025 | $1,319,331 | $106,892 | $1,212,439 | −$614,507 | $704,824 | $704,824 | ~$11,587 | Partial |
| 2024 | $1,317,656 | $106,892 | $1,210,764 | −$730,303 | $587,353 | $587,353 | $9,548 | Verified |
| 2023 | $489,461 | $106,892 | $382,569 | — | $489,461 | $489,461 | $7,746 | Verified |
| 2022 | $489,461 | $106,892 | $382,569 | — | $489,461 | $489,461 | $8,496 | Verified |
| 2021 | $489,461 | $106,892 | $382,569 | — | $489,461 | $489,461 | $8,905 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.6% | +138.9% | ~100% | Not available | Partial |
| 2025 | +0.1% | +20.0% | 53.4% | Not available | Partial |
| 2024 | +169.2% ! | +20.0% | 44.6% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~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): +169.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +27.6% | +39.4% | +28.0% | +169.2% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 83.0% | — | 100.0% | 2021 | 44.6% | 2024 |
| Effective Tax Rate (2025) | 0.8800% | 0.8800% | — | 0.8800% | 2025 | 0.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,587 | $9,256 | ~$34,014 | $11,587 | 2025 | $7,746 | 2023 |
Market value changed by 169% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,155,506 | ~$1,851,982 | ~1.6001% | ~$29,634 | +28.0% |
| 2028 | ~$2,759,653 | ~$2,037,180 | ~1.5563% | ~$31,705 | +63.9% |
| 2029 | ~$3,533,130 | ~$2,240,898 | ~1.5125% | ~$33,893 | +109.9% |
| 2030 | ~$4,523,399 | ~$2,464,988 | ~1.4687% | ~$36,202 | +168.7% |
| 2031 | ~$5,791,220 | ~$2,711,487 | ~1.4248% | ~$38,634 | +244.0% |
| 2027 | ~$2,121,834 | ~$1,851,982 | ~1.6440% | ~$30,446 | +26.0% |
| 2028 | ~$2,674,106 | ~$2,037,180 | ~1.6440% | ~$33,491 | +58.8% |
| 2029 | ~$3,370,124 | ~$2,240,898 | ~1.6440% | ~$36,840 | +100.2% |
| 2030 | ~$4,247,303 | ~$2,464,988 | ~1.6440% | ~$40,524 | +152.3% |
| 2031 | ~$5,352,794 | ~$2,711,487 | ~1.6440% | ~$44,576 | +217.9% |
| 2027 | ~$2,189,179 | ~$1,851,982 | ~1.5782% | ~$29,228 | +30.0% |
| 2028 | ~$2,846,547 | ~$2,037,180 | ~1.5125% | ~$30,812 | +69.1% |
| 2029 | ~$3,701,310 | ~$2,240,898 | ~1.4467% | ~$32,420 | +119.8% |
| 2030 | ~$4,812,741 | ~$2,464,988 | ~1.3810% | ~$34,041 | +185.9% |
| 2031 | ~$6,257,915 | ~$2,711,487 | ~1.3153% | ~$35,663 | +271.7% |
In 2025, this property's market value of $1,319,331 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -5% below the county median of $1,382,921. 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 | $1,319,331 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,317,656 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $489,461 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $489,461 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $489,461 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 25% | 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 | — |