LAKEHURST DR TX 78744
| Owner | MC BEE CREEK III LLC |
|---|---|
| Parcel ID | 0134960260 |
| Short ID | 739839 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 364,467 SF |
| Acres | 8.367 |
| Year Built | — |
| Legal | ABS 2539 SUR 50 CEZEAU G ACR 8.3670 |
| Neighborhood | Q01WF |
| Land | $1,812,375 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,812,375 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,812,375 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,812,375 |
| Value Limitation Adjustment (−) (homestead cap) | −$72,495 |
| Net Appraised (assessed) | $1,739,880 |
| Taxable Value | $1,739,880 |
|---|
Appreciation: Market value has risen +350.0% from $402,750 (2021) to $1,812,375 (2025), a CAGR of 45.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 +487.2%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7041% in 2025 (+0.0281% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $29,649. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,739,880) is $72,495 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 ($1,812,375 land vs $0 improvements), about $5/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 $1,812,375, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, 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 +45.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,878,558 by 2030, with an estimated annual tax burden around $175,665. 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.
Market value changed by 125% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $18,089.53 | $18,089.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,539.25 | $6,539.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,053.46 | $2,053.46 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $1,618.35 | $1,618.35 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $1,348.41 | $1,348.41 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $29,649.00 | $29,649.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,812,375 | $1,812,375 | +0.0% |
| Assessed Value | $1,812,375 | $1,739,880 | +4.2% |
| Land Value | $1,812,375 | $1,812,375 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,812,375 | $1,739,880 | +4.2% |
| Total Tax 2026 = estimate |
~$30,884
Estimated
|
~$29,649
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,812,375 | $1,812,375 | +0 (+0.0%) |
| Taxable Value | $1,812,375 | $1,812,375 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,812,375 | $1,812,375 | — | — | $1,812,375 | $1,812,375 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,812,375 | $1,812,375 | — | −$72,495 | $1,739,880 | $1,739,880 | ~$29,649 | Partial |
| 2024 | $— | — | — | — | $1,812,375 | $— | $24,301 | Verified |
| 2023 | $— | — | — | — | $1,208,250 | $— | $19,736 | Verified |
| 2022 | $— | — | — | — | $537,000 | $— | $9,569 | Verified |
| 2021 | $402,750 | — | — | — | $402,750 | $— | $7,589 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +4.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 96.0% | Not available | Partial |
| 2024 | +50.0% | +20.0% | 80.0% | 1.3400% | Verified |
| 2023 | +125.0% ! | +125.0% | ~100% | 1.6300% | Verified |
| 2022 | +33.3% | +33.3% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.8800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +350.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +175.0% | +45.6% | +350.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 98.7% | — | 100.0% | 2021 | 96.0% | 2025 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,649 | $18,619 | ~$98,729 | $29,649 | 2025 | $7,589 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,639,679 | ~$2,639,679 | ~1.6590% | ~$43,793 | +45.6% |
| 2027 | ~$3,844,628 | ~$3,844,628 | ~1.6140% | ~$62,052 | +112.1% |
| 2028 | ~$5,599,606 | ~$5,599,606 | ~1.5689% | ~$87,854 | +209.0% |
| 2029 | ~$8,155,688 | ~$8,155,688 | ~1.5239% | ~$124,283 | +350.0% |
| 2030 | ~$11,878,558 | ~$11,878,558 | ~1.4788% | ~$175,665 | +555.4% |
| 2026 | ~$2,603,432 | ~$2,603,432 | ~1.7041% | ~$44,365 | +43.6% |
| 2027 | ~$3,739,766 | ~$3,739,766 | ~1.7041% | ~$63,729 | +106.3% |
| 2028 | ~$5,372,081 | ~$5,372,081 | ~1.7041% | ~$91,545 | +196.4% |
| 2029 | ~$7,716,862 | ~$7,716,862 | ~1.7041% | ~$131,502 | +325.8% |
| 2030 | ~$11,085,082 | ~$11,085,082 | ~1.7041% | ~$188,899 | +511.6% |
| 2026 | ~$2,675,927 | ~$2,675,927 | ~1.6365% | ~$43,792 | +47.6% |
| 2027 | ~$3,950,940 | ~$3,950,940 | ~1.5689% | ~$61,988 | +118.0% |
| 2028 | ~$5,833,466 | ~$5,833,466 | ~1.5014% | ~$87,581 | +221.9% |
| 2029 | ~$8,612,968 | ~$8,612,968 | ~1.4338% | ~$123,492 | +375.2% |
| 2030 | ~$12,716,834 | ~$12,716,834 | ~1.3662% | ~$173,739 | +601.7% |
In 2025, this property's market value of $1,812,375 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 21× the county median of $85,028. 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 | $1,812,375 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $402,750 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |
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.