18803 LAKELAND DR TX
| Owner | SCRUGGS MARITAL TRUST |
|---|---|
| Parcel ID | 0145830305 |
| Short ID | 148238 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 25,636 SF |
| Acres | 0.589 |
| Year Built | — |
| Legal | LOT 381 POINT VENTURE SEC 2 |
| Neighborhood | S06WF |
| Land | $520,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $520,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $520,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $520,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$70,720 |
| Net Appraised (assessed) | $449,280 |
| Taxable Value | $449,280 |
|---|
Appreciation: Market value has risen +233.3% from $156,000 (2021) to $520,000 (2025), a CAGR of 35.1% 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 7 taxing entities is 2.4572% in 2025 (+0.0388% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,040. Lago Vista ISD is the largest single contributor, at 41.4% of the total 2025 levy.
Assessment Gap: Assessed value ($449,280) is $70,720 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 ($520,000 land vs $0 improvements), about $20/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 $520,000, 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 +35.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,342,080 by 2030, with an estimated annual tax burden around $49,764. 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 100% in 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $4,568.73 | $4,568.73 | Paid |
| WPV WCID Point Venture | 0.7409% | 0.7000% | 0.6722% | 0.6722% | 0.6606% | -0.0116% | $2,967.94 | $2,967.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,688.60 | $1,688.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $530.25 | $530.25 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $449.28 | $449.28 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $449.13 | $449.13 | Paid |
| VPV Village of Point Venture | 0.1110% | 0.0909% | 0.0858% | 0.0858% | 0.0858% | +0.0000% | $385.61 | $385.61 | Paid |
| Combined Rate | 2.7231% | 2.5708% | 2.3668% | 2.4183% | 2.4572% | +0.0388% | $11,039.54 | $11,039.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $520,000 | $520,000 | +0.0% |
| Assessed Value | $520,000 | $449,280 | +15.7% |
| Land Value | $520,000 | $520,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $520,000 | $449,280 | +15.7% |
| Total Tax 2026 = estimate |
~$12,777
Estimated
|
~$11,040
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $520,000 | $520,000 | +0 (+0.0%) |
| Taxable Value | $520,000 | $520,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $520,000 | $520,000 | — | — | $520,000 | $520,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $520,000 | $520,000 | — | −$70,720 | $449,280 | $449,280 | ~$11,040 | Partial |
| 2024 | $— | — | — | — | $486,250 | $— | $9,054 | Verified |
| 2023 | $— | — | — | — | $312,000 | $— | $7,384 | Verified |
| 2022 | $— | — | — | — | $312,000 | $— | $8,021 | Verified |
| 2021 | $156,000 | — | — | — | $156,000 | $— | $4,248 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +15.7% | ~100% | Not available | Partial |
| 2025 | -50.0% | +20.0% | 86.4% | Not available | Partial |
| 2024 | +233.3% ! | +20.0% | 36.0% | 0.8700% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.3700% | Verified |
| 2022 | +100.0% ! | +100.0% | ~100% | 2.5700% | Verified |
| 2021 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +233.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +116.7% | +35.1% | +233.3% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 95.5% | — | 100.0% | 2021 | 86.4% | 2025 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,040 | $7,644 | ~$31,114 | $11,040 | 2025 | $4,248 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$702,624 | ~$702,624 | ~2.3907% | ~$16,798 | +35.1% |
| 2027 | ~$949,386 | ~$949,386 | ~2.3242% | ~$22,066 | +82.6% |
| 2028 | ~$1,282,810 | ~$1,282,810 | ~2.2577% | ~$28,962 | +146.7% |
| 2029 | ~$1,733,333 | ~$1,733,333 | ~2.1912% | ~$37,982 | +233.3% |
| 2030 | ~$2,342,080 | ~$2,342,080 | ~2.1248% | ~$49,764 | +350.4% |
| 2026 | ~$692,224 | ~$692,224 | ~2.4572% | ~$17,009 | +33.1% |
| 2027 | ~$921,489 | ~$921,489 | ~2.4572% | ~$22,642 | +77.2% |
| 2028 | ~$1,226,686 | ~$1,226,686 | ~2.4572% | ~$30,142 | +135.9% |
| 2029 | ~$1,632,965 | ~$1,632,965 | ~2.4572% | ~$40,125 | +214.0% |
| 2030 | ~$2,173,803 | ~$2,173,803 | ~2.4572% | ~$53,414 | +318.0% |
| 2026 | ~$713,024 | ~$713,024 | ~2.3574% | ~$16,809 | +37.1% |
| 2027 | ~$977,699 | ~$977,699 | ~2.2577% | ~$22,074 | +88.0% |
| 2028 | ~$1,340,621 | ~$1,340,621 | ~2.1580% | ~$28,931 | +157.8% |
| 2029 | ~$1,838,259 | ~$1,838,259 | ~2.0583% | ~$37,837 | +253.5% |
| 2030 | ~$2,520,621 | ~$2,520,621 | ~1.9586% | ~$49,368 | +384.7% |
In 2025, this property's market value of $520,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 6× 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 | $520,000 | $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 | $156,000 | $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.