624 CASASANTA TRL TX 78669
| Owner | TRAVIS PENINSULA COVE RETREAT LLC |
|---|---|
| Parcel ID | 0141880512 |
| Short ID | 890950 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 44,726 SF |
| Acres | 1.027 |
| Year Built | — |
| Legal | LOT 23A BLK A LAKEWAY HIGHLANDS PHS 1 SEC 8C AMD LTS 23 & 24 BLK A |
| Neighborhood | R3008 |
| Land | $1,156,381 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,156,381 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,156,381 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,156,381 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,156,381 |
| Taxable Value | $1,156,381 |
|---|
Appreciation: Market value has risen +212.9% from $369,600 (2021) to $1,156,381 (2025), a CAGR of 33.0% 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 6 taxing entities is 2.1037% in 2025 (+0.0254% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $24,327. Lake Travis ISD is the largest single contributor, at 49.4% 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 100% of market value ($1,156,381 land vs $0 improvements), about $26/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 $1,156,381, 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 +33.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,811,851 by 2030, with an estimated annual tax burden around $68,624. 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.
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $12,022.89 | $12,022.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,346.20 | $4,346.20 | Paid |
| U4L Travis County MUD # 13 | 0.6950% | 0.4950% | 0.3569% | 0.3175% | 0.3075% | -0.0100% | $3,555.87 | $3,555.87 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $1,961.68 | $1,961.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,364.80 | $1,364.80 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $1,075.61 | $1,075.61 | Paid |
| Combined Rate | 2.6458% | 2.3320% | 2.0613% | 2.0783% | 2.1037% | +0.0254% | $24,327.05 | $24,327.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,000,000 | $1,156,381 | -13.5% |
| Assessed Value | $1,000,000 | $1,156,381 | -13.5% |
| Land Value | $1,156,381 | $1,156,381 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,000,000 | $1,156,381 | -13.5% |
| Total Tax 2026 = estimate |
~$21,037
Estimated
|
~$24,327
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,156,381 | $1,000,000 | -156,381 (-13.5%) |
| Taxable Value | $1,156,381 | $1,000,000 | -156,381 (-13.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,000,000 | $1,156,381 | — | — | $1,000,000 | $1,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,156,381 | $1,156,381 | — | — | $1,156,381 | $1,156,381 | ~$24,327 | Partial |
| 2024 | $— | — | — | — | $1,000,000 | $— | $20,783 | Verified |
| 2023 | $— | — | — | — | $924,000 | $— | $19,871 | Verified |
| 2022 | $— | — | — | — | $924,000 | $— | $22,691 | Verified |
| 2021 | $369,600 | — | — | — | $462,000 ! | $— | $13,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +15.6% | +15.6% | ~100% | Not available | Partial |
| 2024 | +8.2% | +8.2% | ~100% | 2.0800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.1500% | Verified |
| 2022 | +60.0% | +60.0% | ~100% | 2.4600% | Verified |
| 2021 | base year | — | ~100% | 3.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +100.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.5% | +99.7% | +37.2% | +212.9% | 2025 | -13.5% | 2026 |
| Assessment Ratio | 100.0% | 108.3% | — | 125.0% | 2021 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.1000% | 2.1000% | — | 2.1000% | 2025 | 2.1000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,327 | $18,677 | ~$47,810 | $24,327 | 2025 | $13,026 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,537,953 | ~$1,537,953 | ~1.9682% | ~$30,270 | +33.0% |
| 2027 | ~$2,045,434 | ~$2,045,434 | ~1.8327% | ~$37,487 | +76.9% |
| 2028 | ~$2,720,368 | ~$2,720,368 | ~1.6972% | ~$46,170 | +135.2% |
| 2029 | ~$3,618,011 | ~$3,618,011 | ~1.5617% | ~$56,501 | +212.9% |
| 2030 | ~$4,811,851 | ~$4,811,851 | ~1.4262% | ~$68,624 | +316.1% |
| 2026 | ~$1,514,826 | ~$1,514,826 | ~2.1037% | ~$31,868 | +31.0% |
| 2027 | ~$1,984,378 | ~$1,984,378 | ~2.1037% | ~$41,746 | +71.6% |
| 2028 | ~$2,599,478 | ~$2,599,478 | ~2.1037% | ~$54,686 | +124.8% |
| 2029 | ~$3,405,242 | ~$3,405,242 | ~2.1037% | ~$71,637 | +194.5% |
| 2030 | ~$4,460,769 | ~$4,460,769 | ~2.1037% | ~$93,842 | +285.8% |
| 2026 | ~$1,561,081 | ~$1,561,081 | ~1.9005% | ~$29,668 | +35.0% |
| 2027 | ~$2,107,415 | ~$2,107,415 | ~1.6972% | ~$35,767 | +82.2% |
| 2028 | ~$2,844,949 | ~$2,844,949 | ~1.4939% | ~$42,501 | +146.0% |
| 2029 | ~$3,840,599 | ~$3,840,599 | ~1.2906% | ~$49,568 | +232.1% |
| 2030 | ~$5,184,699 | ~$5,184,699 | ~1.0874% | ~$56,377 | +348.4% |
In 2025, this property's market value of $1,156,381 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 14× 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 | $1,156,381 | $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 | $369,600 | $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.