LOT 7 BLK C LAKEWAY HIGHLANDS PHS 2 SEC 7
| Owner | WESTIN HOMES & PROPERTIES LP |
|---|---|
| Parcel ID | 0131880411 |
| Short ID | 950361 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 21,193 SF |
| Acres | 0.487 |
| Year Built | — |
| Legal | LOT 7 BLK C LAKEWAY HIGHLANDS PHS 2 SEC 7 |
| Neighborhood | R3015 |
| Land | $443,948 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $443,948 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $355,158 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $355,158 |
| Value Limitation Adjustment (−) (homestead cap) | −$95,958 |
| Net Appraised (assessed) | $259,200 |
| Taxable Value | $259,200 |
|---|
Appreciation: Market value has risen +337.2% from $81,240 (2022) to $355,158 (2025), a CAGR of 63.5% over 3 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 +53.5%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.2286% in 2025 (-0.0168% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $5,777. Lake Travis ISD is the largest single contributor, at 44.5% of the total 2025 levy.
Assessment Gap: Assessed value ($259,200) is $95,958 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 125% of market value ($443,948 land vs $0 improvements), about $21/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 $355,158, this parcel sits in the upper-middle (50th–75th 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 +44.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,245,103 by 2031, with an estimated annual tax burden around $38,243. 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% | $2,694.90 | $2,694.90 | Paid |
| U4K Travis County MUD # 12 | 0.6950% | 0.5595% | 0.5040% | 0.4800% | 0.4350% | -0.0450% | $1,409.40 | $1,409.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $974.19 | $974.19 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $439.71 | $439.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $305.92 | $305.92 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $234.31 | $234.31 | Paid |
| Combined Rate | 2.6488% | 2.4042% | 2.2105% | 2.2454% | 2.2286% | -0.0168% | $6,058.43 | $6,058.43 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $2,694.90 | 44.5% |
| U4K Travis County MUD # 12 | 0.4350% | $1,409.40 | 23.3% |
| TCO Travis County | 0.3758% | $974.19 | 16.1% |
| CLW City of Lakeway | 0.1696% | $439.71 | 7.3% |
| THD Travis Central Health | 0.1180% | $305.92 | 5.0% |
| E06 Travis County ESD # 06 | 0.0904% | $234.31 | 3.9% |
| Total | 2.2286% | $6,058.43 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $355,158 | $355,158 | +0.0% |
| Assessed Value | $355,158 | $259,200 | +37.0% |
| Land Value | $443,948 | $443,948 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $355,158 | $259,200 | +37.0% |
| Total Tax 2026 = estimate |
~$7,915
Estimated
|
~$6,058
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $355,158 | $443,948 | — | — | $355,158 | $355,158 | Not yet — post-cert | Preliminary |
| 2025 | $355,158 | $443,948 | — | −$95,958 | $259,200 | $259,200 | ~$6,058 | Partial |
| 2024 | $216,000 | $270,000 | — | — | $216,000 | $216,000 | $5,109 | Verified |
| 2023 | $324,000 | $405,000 | — | — | $324,000 | $324,000 | $7,570 | Verified |
| 2022 | $81,240 | $81,240 | — | — | $81,240 | $81,240 | $1,708 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +37.0% | ~100% | Not available | Partial |
| 2025 | +64.4% | +20.0% | 73.0% | Not available | Partial |
| 2024 | -33.3% | -33.3% | ~100% | No billing data | Verified |
| 2023 | +298.8% ! | +298.8% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +337.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +82.5% | +44.6% | +298.8% | 2023 | -33.3% | 2024 |
| Assessment Ratio | 100.0% | 94.6% | — | 100.0% | 2022 | 73.0% | 2025 |
| Effective Tax Rate (2025) | 1.7100% | 1.7100% | — | 1.7100% | 2025 | 1.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,058 | $5,112 | ~$22,553 | $7,570 | 2023 | $1,708 | 2022 |
Market value changed by 299% 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 | ~$513,552 | ~$513,552 | ~2.1236% | ~$10,906 | +44.6% |
| 2028 | ~$742,587 | ~$742,587 | ~2.0185% | ~$14,989 | +109.1% |
| 2029 | ~$1,073,768 | ~$1,073,768 | ~1.9135% | ~$20,546 | +202.3% |
| 2030 | ~$1,552,649 | ~$1,552,649 | ~1.8084% | ~$28,079 | +337.2% |
| 2031 | ~$2,245,103 | ~$2,245,103 | ~1.7034% | ~$38,243 | +532.1% |
| 2027 | ~$506,449 | ~$506,449 | ~2.2286% | ~$11,287 | +42.6% |
| 2028 | ~$722,187 | ~$722,187 | ~2.2286% | ~$16,095 | +103.3% |
| 2029 | ~$1,029,826 | ~$1,029,826 | ~2.2286% | ~$22,951 | +190.0% |
| 2030 | ~$1,468,513 | ~$1,468,513 | ~2.2286% | ~$32,727 | +313.5% |
| 2031 | ~$2,094,074 | ~$2,094,074 | ~2.2286% | ~$46,669 | +489.6% |
| 2027 | ~$520,655 | ~$520,655 | ~2.0710% | ~$10,783 | +46.6% |
| 2028 | ~$763,271 | ~$763,271 | ~1.9135% | ~$14,605 | +114.9% |
| 2029 | ~$1,118,942 | ~$1,118,942 | ~1.7559% | ~$19,648 | +215.1% |
| 2030 | ~$1,640,349 | ~$1,640,349 | ~1.5983% | ~$26,219 | +361.9% |
| 2031 | ~$2,404,722 | ~$2,404,722 | ~1.4408% | ~$34,647 | +577.1% |
In 2025, this property's market value of $355,158 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $355,158 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $216,000 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $324,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $81,240 | $15,000 | $55,000 | $180,000 | ↑ Above median | +100.0% |
| 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 | 2022–2024 | 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 | 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 | — |