FLAGTOP CT 78669
| Owner | DREES CUSTOM HOMES LP |
|---|---|
| Parcel ID | 0137881505 |
| Short ID | 980139 |
| Type | Real |
| Use Code | O Other / Unclassified |
| Valuation | Unknown |
| Improvement SF | — |
| Land SF | 23,315 SF |
| Acres | 0.535 |
| Year Built | — |
| Legal | LAKEWAY HIGHLANDS PHS 3 SEC 7 BLK A LOT 193 |
| Neighborhood | R31000 |
| Land | $459,863 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $459,863 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $367,890 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $367,890 |
| Value Limitation Adjustment (−) (homestead cap) | −$151,890 |
| Net Appraised (assessed) | $216,000 |
| Taxable Value | $216,000 |
|---|
Appreciation: Market value has risen +104.4% from $180,000 (2024) to $367,890 (2025), a CAGR of 104.4% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $151,890 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O.
Value Composition: Land carries 125% of market value ($459,863 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 +43.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,197,008 by 2031, with an estimated annual tax burden around $27,190. 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 | $367,890 | $367,890 | +0.0% |
| Assessed Value | $367,890 | $216,000 | +70.3% |
| Land Value | $459,863 | $459,863 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $367,890 | $216,000 | +70.3% |
| Total Tax 2026 = estimate |
~$7,115
Estimated
|
~$4,344
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $367,890 | $459,863 | — | — | $367,890 | $367,890 | Not yet — post-cert | Preliminary |
| 2025 | $367,890 | $459,863 | — | −$151,890 | $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 | +0.0% | +70.3% | ~100% | Not available | Partial |
| 2025 | +104.4% ! | +20.0% | 58.7% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +104.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +52.2% | +43.0% | +104.4% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 86.2% | — | 100.0% | 2024 | 58.7% | 2025 |
| Effective Tax Rate (2025) | 1.1800% | 1.1800% | — | 1.1800% | 2025 | 1.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,344 | $3,970 | ~$17,307 | $4,344 | 2025 | $3,596 | 2024 |
Market value changed by 104% 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 | ~$525,945 | ~$525,945 | ~1.7948% | ~$9,440 | +43.0% |
| 2028 | ~$751,906 | ~$751,906 | ~1.6555% | ~$12,448 | +104.4% |
| 2029 | ~$1,074,945 | ~$1,074,945 | ~1.5162% | ~$16,298 | +192.2% |
| 2030 | ~$1,536,770 | ~$1,536,770 | ~1.3769% | ~$21,160 | +317.7% |
| 2031 | ~$2,197,008 | ~$2,197,008 | ~1.2376% | ~$27,190 | +497.2% |
| 2027 | ~$518,588 | ~$518,588 | ~1.9341% | ~$10,030 | +41.0% |
| 2028 | ~$731,015 | ~$731,015 | ~1.9341% | ~$14,138 | +98.7% |
| 2029 | ~$1,030,459 | ~$1,030,459 | ~1.9341% | ~$19,930 | +180.1% |
| 2030 | ~$1,452,562 | ~$1,452,562 | ~1.9341% | ~$28,094 | +294.8% |
| 2031 | ~$2,047,571 | ~$2,047,571 | ~1.9341% | ~$39,602 | +456.6% |
| 2027 | ~$533,303 | ~$533,303 | ~1.7251% | ~$9,200 | +45.0% |
| 2028 | ~$773,091 | ~$773,091 | ~1.5162% | ~$11,721 | +110.1% |
| 2029 | ~$1,120,693 | ~$1,120,693 | ~1.3072% | ~$14,650 | +204.6% |
| 2030 | ~$1,624,587 | ~$1,624,587 | ~1.0983% | ~$17,843 | +341.6% |
| 2031 | ~$2,355,046 | ~$2,355,046 | ~0.8893% | ~$20,944 | +540.1% |
| 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 | — |