LAKEHURST RD TX 78669
| Owner | BUTLER WILLIAM C TRUST ETAL |
|---|---|
| Parcel ID | 0142960318 |
| Short ID | 142545 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 604,170 SF |
| Acres | 13.870 |
| Year Built | — |
| Legal | ABS 2539 SUR 50 CEZEAU G ACR 13.605 |
| Neighborhood | Q01WF |
| Land | $6,804,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,804,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,552,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,552,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,552,000 |
| Taxable Value | $6,552,000 |
|---|
Appreciation: Market value has risen +251.5% from $1,863,800 (2021) to $6,552,000 (2025), a CAGR of 36.9% 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 4 taxing entities is 1.6266% in 2025 (+0.0256% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $106,574. Lake Travis ISD is the largest single contributor, at 63.9% 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 104% of market value ($6,804,000 land vs $0 improvements), about $11/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 $6,552,000, 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 +36.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $31,538,579 by 2030, with an estimated annual tax burden around $446,102. 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% | $68,121.14 | $68,121.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,625.36 | $24,625.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,732.87 | $7,732.87 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $6,094.34 | $6,094.34 | Paid |
| Combined Rate | 1.7963% | 1.7080% | 1.5604% | 1.6010% | 1.6266% | +0.0256% | $106,573.71 | $106,573.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,552,000 | $6,552,000 | +0.0% |
| Assessed Value | $6,552,000 | $6,552,000 | +0.0% |
| Land Value | $6,804,000 | $6,804,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $6,552,000 | $6,552,000 | +0.0% |
| Total Tax 2026 = estimate |
~$106,574
Estimated
|
~$106,574
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,804,000 | $6,552,000 | -252,000 (-3.7%) |
| Taxable Value | $6,804,000 | $6,552,000 | -252,000 (-3.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,552,000 | $6,804,000 | — | — | $6,552,000 | $6,552,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,552,000 | $6,804,000 | — | — | $6,552,000 | $6,552,000 | ~$106,574 | Partial |
| 2024 | $— | — | — | — | $6,552,000 | $— | $104,898 | Verified |
| 2023 | $— | — | — | — | $6,552,000 | $— | $48,836 | Verified |
| 2022 | $— | — | — | — | $2,912,000 | $— | $49,738 | Verified |
| 2021 | $1,863,800 | — | — | — | $1,863,800 | $— | $33,479 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.8% | +3.8% | ~100% | Not available | Partial |
| 2025 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2024 | +3.8% | +3.8% | ~100% | 1.5400% | Verified |
| 2023 | +125.0% ! | +125.0% | ~100% | 0.7500% | Verified |
| 2022 | +56.2% | +56.2% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +251.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +125.8% | +36.9% | +251.5% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$106,574 | $70,026 | ~$273,077 | $106,574 | 2025 | $33,479 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,971,551 | ~$8,971,551 | ~1.5842% | ~$142,124 | +36.9% |
| 2027 | ~$12,284,605 | ~$12,284,605 | ~1.5417% | ~$189,396 | +87.5% |
| 2028 | ~$16,821,117 | ~$16,821,117 | ~1.4993% | ~$252,201 | +156.7% |
| 2029 | ~$23,032,892 | ~$23,032,892 | ~1.4569% | ~$335,563 | +251.5% |
| 2030 | ~$31,538,579 | ~$31,538,579 | ~1.4145% | ~$446,102 | +381.4% |
| 2026 | ~$8,840,511 | ~$8,840,511 | ~1.6266% | ~$143,798 | +34.9% |
| 2027 | ~$11,928,363 | ~$11,928,363 | ~1.6266% | ~$194,025 | +82.1% |
| 2028 | ~$16,094,754 | ~$16,094,754 | ~1.6266% | ~$261,795 | +145.6% |
| 2029 | ~$21,716,400 | ~$21,716,400 | ~1.6266% | ~$353,235 | +231.4% |
| 2030 | ~$29,301,598 | ~$29,301,598 | ~1.6266% | ~$476,615 | +347.2% |
| 2026 | ~$9,102,591 | ~$9,102,591 | ~1.5629% | ~$142,269 | +38.9% |
| 2027 | ~$12,646,087 | ~$12,646,087 | ~1.4993% | ~$189,604 | +93.0% |
| 2028 | ~$17,569,011 | ~$17,569,011 | ~1.4357% | ~$252,234 | +168.1% |
| 2029 | ~$24,408,352 | ~$24,408,352 | ~1.3720% | ~$334,892 | +272.5% |
| 2030 | ~$33,910,142 | ~$33,910,142 | ~1.3084% | ~$443,681 | +417.6% |
In 2025, this property's market value of $6,552,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 77× 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 | $6,552,000 | $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 | $1,863,800 | $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.