20409 GILBERT CV TX 78645
| Owner | THATCHER LIVING TRUST |
|---|---|
| Parcel ID | 0160860140 |
| Short ID | 159675 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 9,479 SF |
| Acres | 0.218 |
| Year Built | — |
| Legal | LOT 18022 HIGHLAND LAKE ESTATES SEC 18 |
| Neighborhood | S04WF |
| Land | $376,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $376,480 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $376,480 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $376,480 |
| Value Limitation Adjustment (−) (homestead cap) | −$154,480 |
| Net Appraised (assessed) | $222,000 |
| Taxable Value | $222,000 |
|---|
Appreciation: Market value has risen +566.7% from $56,472 (2021) to $376,480 (2025), a CAGR of 60.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $4,730. Lago Vista ISD is the largest single contributor, at 47.7% of the total 2025 levy.
Assessment Gap: Assessed value ($222,000) is $154,480 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 ($376,480 land vs $0 improvements), about $40/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 $376,480, 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 $627,467 by 2031, with an estimated annual tax burden around $10,645. 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% | $1,881.27 | $1,881.27 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $777.00 | $777.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $695.31 | $695.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $218.34 | $218.34 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $185.00 | $185.00 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $184.94 | $184.94 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $3,941.86 | $3,941.86 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $1,881.27 | 47.7% |
| CLV City of Lago Vista | 0.4200% | $777.00 | 19.7% |
| TCO Travis County | 0.3758% | $695.31 | 17.6% |
| THD Travis Central Health | 0.1180% | $218.34 | 5.5% |
| E01 Travis County ESD # 01 | 0.1000% | $185.00 | 4.7% |
| E07 Travis County ESD # 07 | 0.1000% | $184.94 | 4.7% |
| Total | 2.1307% | $3,941.86 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $188,240 | $376,480 | -50.0% |
| Assessed Value | $188,240 | $222,000 | -15.2% |
| Land Value | $188,240 | $376,480 | -50.0% |
| Improvement Value | — | — | — |
| Taxable Value | $188,240 | $222,000 | -15.2% |
| Total Tax 2026 = estimate |
~$4,011
Estimated
|
~$3,942
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $188,240 | $188,240 | — | — | $188,240 | $188,240 | Not yet — post-cert | Preliminary |
| 2025 | $376,480 | $376,480 | — | −$154,480 | $222,000 | $222,000 | ~$3,942 | Partial |
| 2024 | $376,480 | $376,480 | — | −$154,480 | $222,000 | $222,000 | $3,854 | Verified |
| 2023 | $185,000 | $376,480 | — | — | $185,000 | $185,000 | $3,742 | Verified |
| 2022 | $376,480 | $376,480 | — | — | $376,480 | $376,480 | $4,200 | Verified |
| 2021 | $56,472 | $56,472 | — | — | $56,472 | $56,472 | $1,399 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -50.0% | -15.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | 59.0% | Not available | Partial |
| 2024 | +103.5% ! | +20.0% | 59.0% | No billing data | Verified |
| 2023 | -50.9% | -50.9% | ~100% | No billing data | Verified |
| 2022 | +566.7% ! | +566.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +566.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -50.0% | +113.9% | +27.2% | +566.7% | 2022 | -50.9% | 2023 |
| Assessment Ratio | 100.0% | 86.3% | — | 100.0% | 2021 | 59.0% | 2024 |
| Effective Tax Rate (2025) | 1.0500% | 1.0500% | — | 1.0500% | 2025 | 1.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,942 | $3,428 | ~$7,510 | $4,200 | 2022 | $1,399 | 2021 |
Market value changed by 567% 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 | ~$239,490 | ~$239,490 | ~2.0439% | ~$4,895 | +27.2% |
| 2028 | ~$304,694 | ~$304,694 | ~1.9570% | ~$5,963 | +61.9% |
| 2029 | ~$387,649 | ~$387,649 | ~1.8702% | ~$7,250 | +105.9% |
| 2030 | ~$493,191 | ~$493,191 | ~1.7833% | ~$8,795 | +162.0% |
| 2031 | ~$627,467 | ~$627,467 | ~1.6964% | ~$10,645 | +233.3% |
| 2027 | ~$235,725 | ~$235,725 | ~2.1307% | ~$5,023 | +25.2% |
| 2028 | ~$295,189 | ~$295,189 | ~2.1307% | ~$6,290 | +56.8% |
| 2029 | ~$369,654 | ~$369,654 | ~2.1307% | ~$7,876 | +96.4% |
| 2030 | ~$462,902 | ~$462,902 | ~2.1307% | ~$9,863 | +145.9% |
| 2031 | ~$579,674 | ~$579,674 | ~2.1307% | ~$12,351 | +207.9% |
| 2027 | ~$243,255 | ~$243,255 | ~2.0004% | ~$4,866 | +29.2% |
| 2028 | ~$314,349 | ~$314,349 | ~1.8702% | ~$5,879 | +67.0% |
| 2029 | ~$406,220 | ~$406,220 | ~1.7399% | ~$7,068 | +115.8% |
| 2030 | ~$524,942 | ~$524,942 | ~1.6096% | ~$8,449 | +178.9% |
| 2031 | ~$678,361 | ~$678,361 | ~1.4793% | ~$10,035 | +260.4% |
In 2025, this property's market value of $376,480 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $376,480 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $376,480 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $185,000 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $376,480 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $56,472 | $8,000 | $22,000 | $81,900 | ↑ Above median | 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 | — |