FLAGTOP CT 78669
| Owner | RH LAKEWAY DEVELOPMENT LTD |
|---|---|
| Parcel ID | 0137900276 |
| Short ID | 980122 |
| Type | Real |
| Use Code | O Other / Unclassified |
| Valuation | Unknown |
| Improvement SF | — |
| Land SF | 29,396 SF |
| Acres | 0.675 |
| Year Built | — |
| Legal | LAKEWAY HIGHLANDS PHS 3 SEC 7 BLK A LOT 188 |
| Neighborhood | R31000 |
| Land | $520,470 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $520,470 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $416,376 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $416,376 |
| Value Limitation Adjustment (−) (homestead cap) | −$157,176 |
| Net Appraised (assessed) | $259,200 |
| Taxable Value | $259,200 |
|---|
Appreciation: Market value has risen +92.8% from $216,000 (2024) to $416,376 (2025), a CAGR of 92.8% 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 $5,013. Lake Travis ISD is the largest single contributor, at 51.7% of the total 2025 levy.
Assessment Gap: Assessed value ($259,200) is $157,176 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O.
Value Composition: Land carries 125% of market value ($520,470 land vs $0 improvements), about $18/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 +38.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,148,155 by 2031, with an estimated annual tax burden around $26,585. 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 |
| U4L Travis County MUD # 13 | 0.6950% | 0.4950% | 0.3569% | 0.3175% | 0.3075% | -0.0100% | $996.30 | $996.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $974.19 | $974.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $305.92 | $305.92 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $241.09 | $241.09 | Paid |
| Combined Rate | 2.4913% | 2.2030% | 1.9173% | 1.9185% | 1.9341% | +0.0156% | $5,212.40 | $5,212.40 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $2,694.90 | 51.7% |
| U4L Travis County MUD # 13 | 0.3075% | $996.30 | 19.1% |
| TCO Travis County | 0.3758% | $974.19 | 18.7% |
| THD Travis Central Health | 0.1180% | $305.92 | 5.9% |
| E08 Travis County ESD # 08 | 0.0930% | $241.09 | 4.6% |
| Total | 1.9341% | $5,212.40 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $416,376 | $416,376 | +0.0% |
| Assessed Value | $416,376 | $259,200 | +60.6% |
| Land Value | $520,470 | $520,470 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $416,376 | $259,200 | +60.6% |
| Total Tax 2026 = estimate |
~$8,053
Estimated
|
~$5,212
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $416,376 | $520,470 | — | — | $416,376 | $416,376 | Not yet — post-cert | Preliminary |
| 2025 | $416,376 | $520,470 | — | −$157,176 | $259,200 | $259,200 | ~$5,212 | Partial |
| 2024 | $216,000 | $270,000 | — | — | $216,000 | $216,000 | $4,315 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +60.6% | ~100% | Not available | Partial |
| 2025 | +92.8% ! | +20.0% | 62.2% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +92.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +46.4% | +38.8% | +92.8% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 87.4% | — | 100.0% | 2024 | 62.3% | 2025 |
| Effective Tax Rate (2025) | 1.2500% | 1.2500% | — | 1.2500% | 2025 | 1.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,212 | $4,764 | ~$17,689 | $5,212 | 2025 | $4,315 | 2024 |
Market value changed by 93% 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 | ~$578,098 | ~$578,098 | ~1.7948% | ~$10,376 | +38.8% |
| 2028 | ~$802,634 | ~$802,634 | ~1.6555% | ~$13,287 | +92.8% |
| 2029 | ~$1,114,381 | ~$1,114,381 | ~1.5162% | ~$16,896 | +167.6% |
| 2030 | ~$1,547,211 | ~$1,547,211 | ~1.3769% | ~$21,303 | +271.6% |
| 2031 | ~$2,148,155 | ~$2,148,155 | ~1.2376% | ~$26,585 | +415.9% |
| 2027 | ~$569,771 | ~$569,771 | ~1.9341% | ~$11,020 | +36.8% |
| 2028 | ~$779,677 | ~$779,677 | ~1.9341% | ~$15,080 | +87.3% |
| 2029 | ~$1,066,913 | ~$1,066,913 | ~1.9341% | ~$20,635 | +156.2% |
| 2030 | ~$1,459,969 | ~$1,459,969 | ~1.9341% | ~$28,237 | +250.6% |
| 2031 | ~$1,997,827 | ~$1,997,827 | ~1.9341% | ~$38,640 | +379.8% |
| 2027 | ~$586,426 | ~$586,426 | ~1.7251% | ~$10,117 | +40.8% |
| 2028 | ~$825,925 | ~$825,925 | ~1.5162% | ~$12,523 | +98.4% |
| 2029 | ~$1,163,236 | ~$1,163,236 | ~1.3072% | ~$15,206 | +179.4% |
| 2030 | ~$1,638,306 | ~$1,638,306 | ~1.0983% | ~$17,993 | +293.5% |
| 2031 | ~$2,307,398 | ~$2,307,398 | ~0.8893% | ~$20,521 | +454.2% |
| 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 | — |