700 WATERCLIFFE DR TX 78702
| Owner | WADIVKAR OJAS & ANU |
|---|---|
| Parcel ID | 0152800189 |
| Short ID | 892840 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 155,122 SF |
| Acres | 3.561 |
| Year Built | — |
| Legal | LOT 11A BLK A WATERFORD ON LAKE TRAVIS SEC 4A AMD LTS 10,11 & 33 BLK A & LT 43 BLK A SEC 3D |
| Neighborhood | S05WF |
| Land | $2,888,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,888,600 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,888,600 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,888,600 |
| Value Limitation Adjustment (−) (homestead cap) | −$488,840 |
| Net Appraised (assessed) | $2,399,760 |
| Taxable Value | $2,399,760 |
|---|
Appreciation: Market value has risen +959.3% from $272,700 (2021) to $2,888,600 (2025), a CAGR of 80.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7107% in 2025 (+0.0504% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $41,054. Lago Vista ISD is the largest single contributor, at 59.4% of the total 2025 levy.
Assessment Gap: Assessed value ($2,399,760) is $488,840 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 ($2,888,600 land vs $0 improvements), about $19/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 $2,888,600, 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 +80.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $55,200,148 by 2030, with an estimated annual tax burden around $833,622. 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% | $24,403.16 | $24,403.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,019.38 | $9,019.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,832.27 | $2,832.27 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,399.76 | $2,399.76 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $2,398.97 | $2,398.97 | Paid |
| Combined Rate | 1.8712% | 1.7799% | 1.6087% | 1.6603% | 1.7107% | +0.0504% | $41,053.54 | $41,053.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $24,403.16 | 59.4% |
| TCO Travis County | 0.3758% | $9,019.38 | 22.0% |
| THD Travis Central Health | 0.1180% | $2,832.27 | 6.9% |
| E01 Travis County ESD # 01 | 0.1000% | $2,399.76 | 5.8% |
| E07 Travis County ESD # 07 | 0.1000% | $2,398.97 | 5.8% |
| Total | 1.7107% | $41,053.54 | 100.0% |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $2,888,600 | — |
| Assessed Value | — | $2,399,760 | — |
| Land Value | — | $2,888,600 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $2,399,760 | — |
| Total Tax | Pending certification |
~$41,054
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,888,600 | $2,888,600 | — | −$488,840 | $2,399,760 | $2,399,760 | ~$41,054 | Partial |
| 2024 | $2,888,600 | $2,888,600 | — | −$488,840 | $2,399,760 | $2,399,760 | $33,203 | Verified |
| 2023 | $1,999,800 | $1,999,800 | — | — | $1,999,800 | $1,999,800 | $32,172 | Verified |
| 2022 | $727,200 | $727,200 | — | — | $727,200 | $727,200 | $12,944 | Verified |
| 2021 | $272,700 | $272,700 | — | — | $272,700 | $272,700 | $5,103 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +0.0% | +0.0% | 83.1% | Not available | Partial |
| 2024 | +44.4% | +20.0% | 83.1% | No billing data | Verified |
| 2023 | +175.0% ! | +175.0% | ~100% | No billing data | Verified |
| 2022 | +166.7% ! | +166.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +959.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +96.5% | +80.4% | +175.0% | 2023 | +0.0% | 2025 |
| Assessment Ratio | 83.1% | 93.2% | — | 100.0% | 2021 | 83.1% | 2024 |
| Effective Tax Rate (2025) | 1.4200% | 1.4200% | — | 1.4200% | 2025 | 1.4200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$41,054 | $24,895 | ~$363,613 | $41,054 | 2025 | $5,103 | 2021 |
Market value changed by 167% 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 |
|---|---|---|---|---|---|
| 2026 | ~$5,211,203 | ~$5,211,203 | ~1.6706% | ~$87,060 | +80.4% |
| 2027 | ~$9,401,314 | ~$9,401,314 | ~1.6305% | ~$153,290 | +225.5% |
| 2028 | ~$16,960,518 | ~$16,960,518 | ~1.5904% | ~$269,740 | +487.2% |
| 2029 | ~$30,597,763 | ~$30,597,763 | ~1.5503% | ~$474,354 | +959.3% |
| 2030 | ~$55,200,148 | ~$55,200,148 | ~1.5102% | ~$833,622 | +1811.0% |
| 2026 | ~$5,153,431 | ~$5,153,431 | ~1.7107% | ~$88,162 | +78.4% |
| 2027 | ~$9,194,021 | ~$9,194,021 | ~1.7107% | ~$157,285 | +218.3% |
| 2028 | ~$16,402,669 | ~$16,402,669 | ~1.7107% | ~$280,606 | +467.8% |
| 2029 | ~$29,263,318 | ~$29,263,318 | ~1.7107% | ~$500,618 | +913.1% |
| 2030 | ~$52,207,466 | ~$52,207,466 | ~1.7107% | ~$893,131 | +1707.4% |
| 2026 | ~$5,268,975 | ~$5,268,975 | ~1.6506% | ~$86,968 | +82.4% |
| 2027 | ~$9,610,917 | ~$9,610,917 | ~1.5904% | ~$152,852 | +232.7% |
| 2028 | ~$17,530,873 | ~$17,530,873 | ~1.5302% | ~$268,264 | +506.9% |
| 2029 | ~$31,977,335 | ~$31,977,335 | ~1.4701% | ~$470,089 | +1007.0% |
| 2030 | ~$58,328,523 | ~$58,328,523 | ~1.4099% | ~$822,375 | +1919.3% |
In 2025, this property's market value of $2,888,600 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 34× 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 | $2,888,600 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $2,888,600 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,999,800 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $727,200 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $272,700 | $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 |
| 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 | — |