18803 LAKELAND DR TX
| Owner | SCRUGGS MARITAL TRUST |
|---|---|
| Parcel ID | 0145830305 |
| Short ID | 148238 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 25,636 SF |
| Acres | 0.589 |
| Year Built | — |
| Legal | LOT 381 POINT VENTURE SEC 2 |
| Neighborhood | S06WF |
| Land | $520,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $520,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $520,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $520,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$70,720 |
| Net Appraised (assessed) | $449,280 |
| Taxable Value | $449,280 |
|---|
Appreciation: Market value has risen +233.3% from $156,000 (2021) to $520,000 (2025), a CAGR of 35.1% over 4 years. This is strong appreciation — well above typical inflation. 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 7 taxing entities is 2.4572% in 2025 (+0.0388% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,040. Lago Vista ISD is the largest single contributor, at 41.4% of the total 2025 levy.
Assessment Gap: Assessed value ($449,280) is $70,720 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 100% of market value ($520,000 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.
Submarket Position: At $520,000, 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 +27.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,733,333 by 2031, with an estimated annual tax burden around $36,829. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $4,568.73 | $4,568.73 | Paid |
| WPV WCID Point Venture | 0.7409% | 0.7000% | 0.6722% | 0.6722% | 0.6606% | -0.0116% | $2,967.94 | $2,967.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,688.60 | $1,688.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $530.25 | $530.25 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $449.28 | $449.28 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $449.13 | $449.13 | Paid |
| VPV Village of Point Venture | 0.1110% | 0.0909% | 0.0858% | 0.0858% | 0.0858% | +0.0000% | $385.61 | $385.61 | Paid |
| Combined Rate | 2.7231% | 2.5708% | 2.3668% | 2.4183% | 2.4572% | +0.0388% | $11,039.54 | $11,039.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $4,568.73 | 41.4% |
| WPV WCID Point Venture | 0.6606% | $2,967.94 | 26.9% |
| TCO Travis County | 0.3758% | $1,688.60 | 15.3% |
| THD Travis Central Health | 0.1180% | $530.25 | 4.8% |
| E01 Travis County ESD # 01 | 0.1000% | $449.28 | 4.1% |
| E07 Travis County ESD # 07 | 0.1000% | $449.13 | 4.1% |
| VPV Village of Point Venture | 0.0858% | $385.61 | 3.5% |
| Total | 2.4572% | $11,039.54 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $520,000 | $520,000 | +0.0% |
| Assessed Value | $520,000 | $449,280 | +15.7% |
| Land Value | $520,000 | $520,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $520,000 | $449,280 | +15.7% |
| Total Tax 2026 = estimate |
~$12,777
Estimated
|
~$11,040
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $520,000 | $520,000 | — | — | $520,000 | $520,000 | Not yet — post-cert | Preliminary |
| 2025 | $520,000 | $520,000 | — | −$70,720 | $449,280 | $449,280 | ~$11,040 | Partial |
| 2024 | $1,040,000 | $1,040,000 | — | −$665,600 | $374,400 | $374,400 | $9,054 | Verified |
| 2023 | $312,000 | $312,000 | — | — | $312,000 | $312,000 | $7,384 | Verified |
| 2022 | $312,000 | $312,000 | — | — | $312,000 | $312,000 | $8,021 | Verified |
| 2021 | $156,000 | $156,000 | — | — | $156,000 | $156,000 | $4,248 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +15.7% | ~100% | Not available | Partial |
| 2025 | -50.0% | +20.0% | 86.4% | Not available | Partial |
| 2024 | +233.3% ! | +20.0% | 36.0% | 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): +233.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +56.7% | +27.2% | +233.3% | 2024 | -50.0% | 2025 |
| Assessment Ratio | 100.0% | 87.1% | — | 100.0% | 2021 | 36.0% | 2024 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,040 | $7,949 | ~$25,248 | $11,040 | 2025 | $4,248 | 2021 |
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 | ~$661,575 | ~$661,575 | ~2.3907% | ~$15,816 | +27.2% |
| 2028 | ~$841,695 | ~$841,695 | ~2.3242% | ~$19,563 | +61.9% |
| 2029 | ~$1,070,855 | ~$1,070,855 | ~2.2577% | ~$24,177 | +105.9% |
| 2030 | ~$1,362,405 | ~$1,362,405 | ~2.1912% | ~$29,854 | +162.0% |
| 2031 | ~$1,733,333 | ~$1,733,333 | ~2.1248% | ~$36,829 | +233.3% |
| 2027 | ~$651,175 | ~$651,175 | ~2.4572% | ~$16,000 | +25.2% |
| 2028 | ~$815,440 | ~$815,440 | ~2.4572% | ~$20,037 | +56.8% |
| 2029 | ~$1,021,143 | ~$1,021,143 | ~2.4572% | ~$25,091 | +96.4% |
| 2030 | ~$1,278,736 | ~$1,278,736 | ~2.4572% | ~$31,421 | +145.9% |
| 2031 | ~$1,601,309 | ~$1,601,309 | ~2.4572% | ~$39,347 | +207.9% |
| 2027 | ~$671,975 | ~$671,975 | ~2.3574% | ~$15,841 | +29.2% |
| 2028 | ~$868,366 | ~$868,366 | ~2.2577% | ~$19,605 | +67.0% |
| 2029 | ~$1,122,155 | ~$1,122,155 | ~2.1580% | ~$24,216 | +115.8% |
| 2030 | ~$1,450,115 | ~$1,450,115 | ~2.0583% | ~$29,848 | +178.9% |
| 2031 | ~$1,873,925 | ~$1,873,925 | ~1.9586% | ~$36,702 | +260.4% |
In 2025, this property's market value of $520,000 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 | $520,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,040,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $312,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $312,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $156,000 | $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 | — |