FLYING J BLVD TX 78669
| Owner | UNDERWOOD JASON & MARTHA |
|---|---|
| Parcel ID | 0156800231 |
| Short ID | 812437 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 534,525 SF |
| Acres | 12.271 |
| Year Built | — |
| Legal | LOT 61A BLK A THE RESERVE AT LAKE TRAVIS REVISED PLAT OF LOTS 53A & 54A BLK A & LOT 17 BLK C OF THE REVISED PLAT OF LOTS 53-56 & 103 BLK A & LOTS 5-9 13 & 14 BLK C THE RESERVE AT LAKE TRAVIS & LOTS 46 |
| Neighborhood | Q04WF |
| Land | $3,069,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,069,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,745,640 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,745,640 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,745,640 |
| Taxable Value | $1,745,640 |
|---|
Appreciation: Market value has risen +66.7% from $1,047,384 (2021) to $1,745,640 (2025), a CAGR of 13.6% 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 6 taxing entities is 2.1241% in 2025 (+0.0250% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $37,079. Lake Travis ISD is the largest single contributor, at 57.3% 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 176% of market value ($3,069,500 land vs $0 improvements), about $6/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 $1,745,640, 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 +13.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,305,717 by 2030, with an estimated annual tax burden around $55,043. 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 76% in 2026, 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% | $18,149.42 | $18,149.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,560.90 | $6,560.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,060.26 | $2,060.26 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $1,906.24 | $1,906.24 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $1,623.71 | $1,623.71 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $1,352.87 | $1,352.87 | Paid |
| Combined Rate | 2.4913% | 2.2103% | 2.0473% | 2.0991% | 2.1241% | +0.0250% | $31,653.40 | $31,653.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,745,640 | $1,745,640 | +0.0% |
| Assessed Value | $1,745,640 | $1,745,640 | +0.0% |
| Land Value | $3,069,500 | $3,069,500 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,745,640 | $1,745,640 | +0.0% |
| Total Tax 2026 = estimate |
~$37,079
Estimated
|
~$31,653
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,069,500 | $1,745,640 | -1,323,860 (-43.1%) |
| Taxable Value | $2,094,768 | $1,745,640 | -349,128 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,745,640 | $3,069,500 | — | — | $1,745,640 | $1,745,640 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,745,640 | $3,069,500 | — | — | $1,745,640 | $1,745,640 | ~$31,653 | Partial |
| 2024 | $— | — | — | — | $1,745,640 | $— | $31,177 | Verified |
| 2023 | $— | — | — | — | $1,745,640 | $— | $30,393 | Verified |
| 2022 | $— | — | — | — | $1,745,640 | $— | $33,052 | Verified |
| 2021 | $1,047,384 | — | — | — | $1,745,640 ! | $— | $35,648 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +75.8% ! | +20.0% | 68.2% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.7400% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 3.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +33.4% | +13.6% | +66.7% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 122.2% | — | 166.7% | 2021 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.8100% | 1.8100% | — | 1.8100% | 2025 | 1.8100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,653 | $33,651 | ~$47,507 | $35,648 | 2021 | $31,653 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,983,430 | ~$1,983,430 | ~2.0323% | ~$40,309 | +13.6% |
| 2027 | ~$2,253,612 | ~$2,253,612 | ~1.9405% | ~$43,731 | +29.1% |
| 2028 | ~$2,560,597 | ~$2,560,597 | ~1.8487% | ~$47,337 | +46.7% |
| 2029 | ~$2,909,400 | ~$2,909,400 | ~1.7569% | ~$51,115 | +66.7% |
| 2030 | ~$3,305,717 | ~$3,305,717 | ~1.6651% | ~$55,043 | +89.4% |
| 2026 | ~$1,948,517 | ~$1,948,517 | ~2.1241% | ~$41,388 | +11.6% |
| 2027 | ~$2,174,973 | ~$2,174,973 | ~2.1241% | ~$46,198 | +24.6% |
| 2028 | ~$2,427,747 | ~$2,427,747 | ~2.1241% | ~$51,567 | +39.1% |
| 2029 | ~$2,709,898 | ~$2,709,898 | ~2.1241% | ~$57,560 | +55.2% |
| 2030 | ~$3,024,840 | ~$3,024,840 | ~2.1241% | ~$64,250 | +73.3% |
| 2026 | ~$2,018,343 | ~$2,018,343 | ~1.9864% | ~$40,092 | +15.6% |
| 2027 | ~$2,333,647 | ~$2,333,647 | ~1.8487% | ~$43,142 | +33.7% |
| 2028 | ~$2,698,208 | ~$2,698,208 | ~1.7110% | ~$46,166 | +54.6% |
| 2029 | ~$3,119,720 | ~$3,119,720 | ~1.5733% | ~$49,082 | +78.7% |
| 2030 | ~$3,607,081 | ~$3,607,081 | ~1.4356% | ~$51,783 | +106.6% |
In 2025, this property's market value of $1,745,640 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 | $1,745,640 | $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 | $1,047,384 | $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.