605 SCHICKEL TERR TX 78669
| Owner | M & H CUSTOM HOMES LLC |
|---|---|
| Parcel ID | 0139880703 |
| Short ID | 880970 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 27,842 SF |
| Acres | 0.639 |
| Year Built | — |
| Legal | LOT 38 BLK A LAKEWAY HIGHLANDS PHS 1 SEC 8C |
| Neighborhood | R3008 |
| Land | $1,134,688 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,134,688 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $500,000 |
| Taxable Value | $500,000 |
|---|
Appreciation: Market value has fallen -9.1% from $550,000 (2021) to $500,000 (2025), a CAGR of -2.4% over 4 years. Growth has been relatively flat for this asset class. 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1037% in 2025 (+0.0254% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $10,519. Lake Travis ISD is the largest single contributor, at 49.4% of the total 2025 levy.
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 227% of market value ($1,134,688 land vs $0 improvements), about $41/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 $500,000, this parcel sits in the top quartile (≥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 +9.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,316,779 by 2031, with an estimated annual tax burden around $18,779. 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% | $5,198.50 | $5,198.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,879.23 | $1,879.23 | Paid |
| U4L Travis County MUD # 13 | 0.6950% | 0.4950% | 0.3569% | 0.3175% | 0.3075% | -0.0100% | $1,537.50 | $1,537.50 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $848.20 | $848.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $590.12 | $590.12 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $465.08 | $465.08 | Paid |
| Combined Rate | 2.6458% | 2.3320% | 2.0613% | 2.0783% | 2.1037% | +0.0254% | $10,518.63 | $10,518.63 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $5,198.50 | 49.4% |
| TCO Travis County | 0.3758% | $1,879.23 | 17.9% |
| U4L Travis County MUD # 13 | 0.3075% | $1,537.50 | 14.6% |
| CLW City of Lakeway | 0.1696% | $848.20 | 8.1% |
| THD Travis Central Health | 0.1180% | $590.12 | 5.6% |
| E08 Travis County ESD # 08 | 0.0930% | $465.08 | 4.4% |
| Total | 2.1037% | $10,518.63 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $851,016 | $500,000 | +70.2% |
| Assessed Value | $851,016 | $500,000 | +70.2% |
| Land Value | $851,016 | $1,134,688 | -25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $851,016 | $500,000 | +70.2% |
| Total Tax 2026 = estimate |
~$17,903
Estimated
|
~$10,519
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $851,016 | $851,016 | — | — | $851,016 | $851,016 | Not yet — post-cert | Preliminary |
| 2025 | $500,000 | $1,134,688 | — | — | $500,000 | $500,000 | ~$10,519 | Partial |
| 2024 | $500,000 | $1,100,000 | — | — | $500,000 | $500,000 | $10,392 | Verified |
| 2023 | $1,100,000 | $1,100,000 | — | — | $1,100,000 | $1,100,000 | $22,675 | Verified |
| 2022 | $1,100,000 | $1,100,000 | — | — | $1,100,000 | $1,100,000 | $25,652 | Verified |
| 2021 | $550,000 | $550,000 | — | — | $550,000 | $550,000 | $14,552 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +70.2% | +70.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -54.5% | -54.5% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +100.0% ! | +100.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +70.2% | +23.1% | +9.1% | +100.0% | 2022 | -54.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1000% | 2.1000% | — | 2.1000% | 2025 | 2.1000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,519 | $16,758 | ~$18,648 | $25,652 | 2022 | $10,392 | 2024 |
Market value changed by 100% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$928,651 | ~$928,651 | ~1.9682% | ~$18,278 | +9.1% |
| 2028 | ~$1,013,369 | ~$1,013,369 | ~1.8327% | ~$18,572 | +19.1% |
| 2029 | ~$1,105,816 | ~$1,105,816 | ~1.6972% | ~$18,768 | +29.9% |
| 2030 | ~$1,206,696 | ~$1,206,696 | ~1.5617% | ~$18,845 | +41.8% |
| 2031 | ~$1,316,779 | ~$1,316,779 | ~1.4262% | ~$18,779 | +54.7% |
| 2027 | ~$911,631 | ~$911,631 | ~2.1037% | ~$19,178 | +7.1% |
| 2028 | ~$976,564 | ~$976,564 | ~2.1037% | ~$20,544 | +14.8% |
| 2029 | ~$1,046,121 | ~$1,046,121 | ~2.1037% | ~$22,007 | +22.9% |
| 2030 | ~$1,120,633 | ~$1,120,633 | ~2.1037% | ~$23,575 | +31.7% |
| 2031 | ~$1,200,452 | ~$1,200,452 | ~2.1037% | ~$25,254 | +41.1% |
| 2027 | ~$945,672 | ~$945,672 | ~1.9005% | ~$17,972 | +11.1% |
| 2028 | ~$1,050,856 | ~$1,050,856 | ~1.6972% | ~$17,835 | +23.5% |
| 2029 | ~$1,167,739 | ~$1,167,739 | ~1.4939% | ~$17,445 | +37.2% |
| 2030 | ~$1,297,623 | ~$1,297,623 | ~1.2906% | ~$16,748 | +52.5% |
| 2031 | ~$1,441,953 | ~$1,441,953 | ~1.0874% | ~$15,679 | +69.4% |
In 2025, this property's market value of $500,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 6× 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 | $500,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $500,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,100,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $1,100,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $550,000 | $8,000 | $22,000 | $81,900 | ↑ Top 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 | — |