18805 LEISURE LN TX 78645
| Owner | MANOHAR POORVA & SHAILESH S |
|---|---|
| Parcel ID | 0174700139 |
| Short ID | 742079 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 30,352 SF |
| Acres | 0.697 |
| Year Built | — |
| Legal | LOT 2 BLK C HOLLOWS PHS II-C THE |
| Neighborhood | S0035 |
| Land | $445,246 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $445,246 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $370,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $370,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $370,000 |
| Taxable Value | $370,000 |
|---|
Appreciation: Market value has risen +146.7% from $150,000 (2021) to $370,000 (2025), a CAGR of 25.3% 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 lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1088% in 2025 (+0.0560% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,803. Lago Vista ISD is the largest single contributor, at 48.2% 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 120% of market value ($445,246 land vs $0 improvements), about $15/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 $370,000, 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 +33.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,694,893 by 2031, with an estimated annual tax burden around $47,360. 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% | $3,762.53 | $3,762.53 | Paid |
| CJO City of Jonestown | 0.5188% | 0.4190% | 0.3905% | 0.3925% | 0.3981% | +0.0056% | $1,472.97 | $1,472.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,390.63 | $1,390.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $436.69 | $436.69 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $370.00 | $370.00 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $369.88 | $369.88 | Paid |
| Combined Rate | 2.3900% | 2.1989% | 1.9992% | 2.0528% | 2.1088% | +0.0560% | $7,802.70 | $7,802.70 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $3,762.53 | 48.2% |
| CJO City of Jonestown | 0.3981% | $1,472.97 | 18.9% |
| TCO Travis County | 0.3758% | $1,390.63 | 17.8% |
| THD Travis Central Health | 0.1180% | $436.69 | 5.6% |
| E01 Travis County ESD # 01 | 0.1000% | $370.00 | 4.7% |
| E07 Travis County ESD # 07 | 0.1000% | $369.88 | 4.7% |
| Total | 2.1088% | $7,802.70 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $635,794 | $370,000 | +71.8% |
| Assessed Value | $444,000 | $370,000 | +20.0% |
| Land Value | $635,794 | $445,246 | +42.8% |
| Improvement Value | — | — | — |
| Taxable Value | $444,000 | $370,000 | +20.0% |
| HS Cap Loss | -$191,794 | — | |
| Total Tax 2026 = estimate |
~$9,363
Estimated
|
~$7,803
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $635,794 | $635,794 | — | −$191,794 | $444,000 | $444,000 | Not yet — post-cert | Preliminary |
| 2025 | $370,000 | $445,246 | — | — | $370,000 | $370,000 | ~$7,803 | Partial |
| 2024 | $370,000 | $450,000 | — | — | $370,000 | $370,000 | $7,595 | Verified |
| 2023 | $450,000 | $450,000 | — | — | $450,000 | $450,000 | $8,997 | Verified |
| 2022 | $450,000 | $450,000 | — | — | $450,000 | $450,000 | $9,895 | Verified |
| 2021 | $150,000 | $150,000 | — | — | $150,000 | $150,000 | $3,585 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +71.8% | +20.0% | 69.8% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -17.8% | -17.8% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +200.0% ! | +200.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +146.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +71.8% | +50.8% | +33.5% | +200.0% | 2022 | -17.8% | 2024 |
| Assessment Ratio | 69.8% | 95.0% | — | 100.0% | 2021 | 69.8% | 2026 |
| Effective Tax Rate (2025) | 2.1100% | 2.1100% | — | 2.1100% | 2025 | 2.1100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,803 | $7,575 | ~$30,512 | $9,895 | 2022 | $3,585 | 2021 |
Market value changed by 200% 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 | ~$848,714 | ~$848,714 | ~2.0385% | ~$17,301 | +33.5% |
| 2028 | ~$1,132,939 | ~$1,132,939 | ~1.9683% | ~$22,299 | +78.2% |
| 2029 | ~$1,512,347 | ~$1,512,347 | ~1.8980% | ~$28,704 | +137.9% |
| 2030 | ~$2,018,815 | ~$2,018,815 | ~1.8277% | ~$36,898 | +217.5% |
| 2031 | ~$2,694,893 | ~$2,694,893 | ~1.7574% | ~$47,360 | +323.9% |
| 2027 | ~$835,998 | ~$835,998 | ~2.1088% | ~$17,630 | +31.5% |
| 2028 | ~$1,099,245 | ~$1,099,245 | ~2.1088% | ~$23,181 | +72.9% |
| 2029 | ~$1,445,384 | ~$1,445,384 | ~2.1088% | ~$30,481 | +127.3% |
| 2030 | ~$1,900,519 | ~$1,900,519 | ~2.1088% | ~$40,079 | +198.9% |
| 2031 | ~$2,498,971 | ~$2,498,971 | ~2.1088% | ~$52,699 | +293.0% |
| 2027 | ~$861,430 | ~$861,430 | ~2.0034% | ~$17,258 | +35.5% |
| 2028 | ~$1,167,142 | ~$1,167,142 | ~1.8980% | ~$22,152 | +83.6% |
| 2029 | ~$1,581,347 | ~$1,581,347 | ~1.7925% | ~$28,346 | +148.7% |
| 2030 | ~$2,142,549 | ~$2,142,549 | ~1.6871% | ~$36,147 | +237.0% |
| 2031 | ~$2,902,916 | ~$2,902,916 | ~1.5817% | ~$45,915 | +356.6% |
In 2025, this property's market value of $370,000 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 | $370,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $370,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $450,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $450,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $150,000 | $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 | Coordinates cached from a prior lookup | — |