8002 BERNARD ST TX 78641
| Owner | FASELER JOHN R & MARY M REVOCABLE |
|---|---|
| Parcel ID | 0172550104 |
| Short ID | 176510 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | — |
| Acres | — |
| Year Built | — |
| Legal | LOT 1 N 1.11 AC OF LAKE TRAVIS SUBD NO 6 ABS 735 SUR 551 STEWART J ACR 2.763 (TOTAL 4.073AC) |
| Neighborhood | T9020WF |
| Land | $3,699,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,699,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,699,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,699,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,260,829 |
| Net Appraised (assessed) | $1,438,171 |
| Taxable Value | $1,438,171 |
|---|
Appreciation: Market value has risen +356.7% from $810,000 (2021) to $3,699,000 (2025), a CAGR of 46.2% 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 outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8620% in 2025 (+0.0423% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $26,778. Leander ISD is the largest single contributor, at 58.4% of the total 2025 levy.
Assessment Gap: Assessed value ($1,438,171) is $2,260,829 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 ($3,699,000 land vs $0 improvements). 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 $3,699,000, 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 +8.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,777,778 by 2031, with an estimated annual tax burden around $27,870. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $15,631.48 | $15,631.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,405.29 | $5,405.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,697.37 | $1,697.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,487.07 | $1,487.07 | Paid |
| E14 Travis County ESD # 14 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,438.17 | $1,438.17 | Paid |
| VVO Village of Volente | 0.0864% | 0.0700% | 0.0723% | 0.0791% | 0.0778% | -0.0013% | $1,118.90 | $1,118.90 | Paid |
| Combined Rate | 2.0974% | 1.9602% | 1.7849% | 1.8197% | 1.8620% | +0.0423% | $26,778.28 | $26,778.28 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $15,631.48 | 58.4% |
| TCO Travis County | 0.3758% | $5,405.29 | 20.2% |
| THD Travis Central Health | 0.1180% | $1,697.37 | 6.3% |
| ACT Austin Community College | 0.1034% | $1,487.07 | 5.6% |
| E14 Travis County ESD # 14 | 0.1000% | $1,438.17 | 5.4% |
| VVO Village of Volente | 0.0778% | $1,118.90 | 4.2% |
| Total | 1.8620% | $26,778.28 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,200,000 | $3,699,000 | -67.6% |
| Assessed Value | $1,200,000 | $1,438,171 | -16.6% |
| Land Value | $2,589,300 | $3,699,000 | -30.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,200,000 | $1,438,171 | -16.6% |
| Total Tax 2026 = estimate |
~$22,344
Estimated
|
~$26,778
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,200,000 | $2,589,300 | — | — | $1,200,000 | $1,200,000 | Not yet — post-cert | Preliminary |
| 2025 | $3,699,000 | $3,699,000 | — | −$2,260,829 | $1,438,171 | $1,438,171 | ~$26,778 | Partial |
| 2024 | $3,699,000 | $3,699,000 | — | −$2,500,524 | $1,198,476 | $1,198,476 | $21,809 | Verified |
| 2023 | $998,730 | $998,730 | — | — | $998,730 | $998,730 | $17,827 | Verified |
| 2022 | $998,730 | $998,730 | — | — | $998,730 | $998,730 | $19,577 | Verified |
| 2021 | $810,000 | $810,000 | — | — | $810,000 | $810,000 | $16,989 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -67.6% | -16.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 38.9% | Not available | Partial |
| 2024 | +270.4% ! | +20.0% | 32.4% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +23.3% | +23.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +356.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -67.6% | +45.2% | +8.2% | +270.4% | 2024 | -67.6% | 2026 |
| Assessment Ratio | 100.0% | 78.5% | — | 100.0% | 2021 | 32.4% | 2024 |
| Effective Tax Rate (2025) | 0.7200% | 0.7200% | — | 0.7200% | 2025 | 0.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,778 | $20,596 | ~$25,621 | $26,778 | 2025 | $16,989 | 2021 |
Market value changed by 270% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,298,137 | ~$1,298,137 | ~1.8031% | ~$23,407 | +8.2% |
| 2028 | ~$1,404,299 | ~$1,404,299 | ~1.7443% | ~$24,495 | +17.0% |
| 2029 | ~$1,519,144 | ~$1,519,144 | ~1.6854% | ~$25,604 | +26.6% |
| 2030 | ~$1,643,381 | ~$1,643,381 | ~1.6266% | ~$26,731 | +36.9% |
| 2031 | ~$1,777,778 | ~$1,777,778 | ~1.5677% | ~$27,870 | +48.1% |
| 2027 | ~$1,274,137 | ~$1,274,137 | ~1.8620% | ~$23,724 | +6.2% |
| 2028 | ~$1,352,854 | ~$1,352,854 | ~1.8620% | ~$25,190 | +12.7% |
| 2029 | ~$1,436,434 | ~$1,436,434 | ~1.8620% | ~$26,746 | +19.7% |
| 2030 | ~$1,525,178 | ~$1,525,178 | ~1.8620% | ~$28,398 | +27.1% |
| 2031 | ~$1,619,405 | ~$1,619,405 | ~1.8620% | ~$30,153 | +35.0% |
| 2027 | ~$1,322,137 | ~$1,322,137 | ~1.7737% | ~$23,451 | +10.2% |
| 2028 | ~$1,456,705 | ~$1,456,705 | ~1.6854% | ~$24,551 | +21.4% |
| 2029 | ~$1,604,969 | ~$1,604,969 | ~1.5971% | ~$25,633 | +33.7% |
| 2030 | ~$1,768,324 | ~$1,768,324 | ~1.5089% | ~$26,681 | +47.4% |
| 2031 | ~$1,948,306 | ~$1,948,306 | ~1.4206% | ~$27,677 | +62.4% |
In 2025, this property's market value of $3,699,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 44× 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 | $3,699,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $3,699,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $998,730 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $998,730 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $810,000 | $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 | — |