TOMICHI TRL 78669
| Owner | RH LAKEWAY DEVELOPMENT LTD |
|---|---|
| Parcel ID | 0137881401 |
| Short ID | 980124 |
| Type | Real |
| Use Code | O Other / Unclassified |
| Valuation | Unknown |
| Improvement SF | — |
| Land SF | 22,930 SF |
| Acres | 0.526 |
| Year Built | — |
| Legal | LAKEWAY HIGHLANDS PHS 3 SEC 7 BLK A LOT 177 |
| Neighborhood | R31000 |
| Land | $456,975 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $456,975 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $365,580 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $365,580 |
| Value Limitation Adjustment (−) (homestead cap) | −$149,580 |
| Net Appraised (assessed) | $216,000 |
| Taxable Value | $216,000 |
|---|
Appreciation: Market value has risen +103.1% from $180,000 (2024) to $365,580 (2025), a CAGR of 103.1% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
Tax Burden: The combined rate across 5 taxing entities is 1.9341% in 2025 (+0.0156% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $4,178. Lake Travis ISD is the largest single contributor, at 51.7% of the total 2025 levy.
Assessment Gap: Assessed value ($216,000) is $149,580 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O.
Value Composition: Land carries 125% of market value ($456,975 land vs $0 improvements), about $20/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.
Forward Outlook: Holding the +113.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $36,719,440 by 2031, with an estimated annual tax burden around $454,435. 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% | $2,245.75 | $2,245.75 | Paid |
| U4L Travis County MUD # 13 | 0.6950% | 0.4950% | 0.3569% | 0.3175% | 0.3075% | -0.0100% | $830.25 | $830.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $811.83 | $811.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $254.93 | $254.93 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $200.91 | $200.91 | Paid |
| Combined Rate | 2.4913% | 2.2030% | 1.9173% | 1.9185% | 1.9341% | +0.0156% | $4,343.67 | $4,343.67 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $2,245.75 | 51.7% |
| U4L Travis County MUD # 13 | 0.3075% | $830.25 | 19.1% |
| TCO Travis County | 0.3758% | $811.83 | 18.7% |
| THD Travis Central Health | 0.1180% | $254.93 | 5.9% |
| E08 Travis County ESD # 08 | 0.0930% | $200.91 | 4.6% |
| Total | 1.9341% | $4,343.67 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $822,555 | $365,580 | +125.0% |
| Assessed Value | $822,555 | $216,000 | +280.8% |
| Land Value | $1,028,194 | $456,975 | +125.0% |
| Improvement Value | — | — | — |
| Taxable Value | $822,555 | $216,000 | +280.8% |
| Total Tax 2026 = estimate |
~$15,909
Estimated
|
~$4,344
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $822,555 | $1,028,194 | — | — | $822,555 | $822,555 | Not yet — post-cert | Preliminary |
| 2025 | $365,580 | $456,975 | — | −$149,580 | $216,000 | $216,000 | ~$4,344 | Partial |
| 2024 | $180,000 | $225,000 | — | — | $180,000 | $180,000 | $3,596 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +125.0% ! | +280.8% | ~100% | Not available | Partial |
| 2025 | +103.1% ! | +20.0% | 59.1% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +103.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +125.0% | +114.0% | +113.8% | +125.0% | 2026 | +103.1% | 2025 |
| Assessment Ratio | 100.0% | 86.4% | — | 100.0% | 2024 | 59.1% | 2025 |
| Effective Tax Rate (2025) | 1.1900% | 1.1900% | — | 1.1900% | 2025 | 1.1900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,344 | $3,970 | ~$181,312 | $4,344 | 2025 | $3,596 | 2024 |
Market value changed by 103% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,758,374 | ~$1,758,374 | ~1.7948% | ~$31,559 | +113.8% |
| 2028 | ~$3,758,871 | ~$3,758,871 | ~1.6555% | ~$62,228 | +357.0% |
| 2029 | ~$8,035,328 | ~$8,035,328 | ~1.5162% | ~$121,831 | +876.9% |
| 2030 | ~$17,177,099 | ~$17,177,099 | ~1.3769% | ~$236,509 | +1988.3% |
| 2031 | ~$36,719,440 | ~$36,719,440 | ~1.2376% | ~$454,435 | +4364.1% |
| 2027 | ~$1,741,923 | ~$1,741,923 | ~1.9341% | ~$33,690 | +111.8% |
| 2028 | ~$3,688,865 | ~$3,688,865 | ~1.9341% | ~$71,346 | +348.5% |
| 2029 | ~$7,811,899 | ~$7,811,899 | ~1.9341% | ~$151,089 | +849.7% |
| 2030 | ~$16,543,238 | ~$16,543,238 | ~1.9341% | ~$319,960 | +1911.2% |
| 2031 | ~$35,033,572 | ~$35,033,572 | ~1.9341% | ~$677,578 | +4159.1% |
| 2027 | ~$1,774,825 | ~$1,774,825 | ~1.7251% | ~$30,618 | +115.8% |
| 2028 | ~$3,829,535 | ~$3,829,535 | ~1.5162% | ~$58,063 | +365.6% |
| 2029 | ~$8,262,977 | ~$8,262,977 | ~1.3072% | ~$108,017 | +904.6% |
| 2030 | ~$17,829,003 | ~$17,829,003 | ~1.0983% | ~$195,814 | +2067.5% |
| 2031 | ~$38,469,593 | ~$38,469,593 | ~0.8893% | ~$342,126 | +4576.8% |
| 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 | 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 | 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 | — |