2301 HANCOCK AVE TX 78645
| Owner | FASKE BRENT |
|---|---|
| Parcel ID | 0160860504 |
| Short ID | 159726 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 5,888 SF |
| Land SF | 23,333 SF |
| Acres | 0.536 |
| Year Built | 2018 |
| Legal | LOT 18010 HIGHLAND LAKE ESTATES SEC 18 |
| Neighborhood | S01MF |
| Land | $250,714 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $250,714 |
| Improvement | $1,067,774 |
|---|---|
| Total Improvement | $1,067,774 |
| Market | $1,318,488 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,318,488 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,318,488 |
| Taxable Value | $1,318,488 |
|---|
Appreciation: Market value has risen +14.7% from $1,149,630 (2021) to $1,318,488 (2025), a CAGR of 3.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $28,093. Lago Vista ISD is the largest single contributor, at 47.7% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 19% of market value ($250,714 land vs $1,067,774 improvements), about $11/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,318,488, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,564,854 by 2030, with an estimated annual tax burden around $26,547. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,888 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 3,040 SF | ✓ |
| 1ST | 1st Floor | 2,984 SF | ✓ |
| 2ND | 2nd Floor | 2,904 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 192 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 192 SF | ✗ |
| 252 | BEDROOMS | 12 SF | ✓ |
| 251 | BATHROOM | 8 SF | ✓ |
| 250 | HALF BATHROOM | 4 SF | ✓ |
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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $13,407.70 | $13,407.70 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $5,537.65 | $5,537.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,955.47 | $4,955.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,556.12 | $1,556.12 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,318.49 | $1,318.49 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $1,318.05 | $1,318.05 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $28,093.48 | $28,093.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,145,257 | $1,318,488 | -13.1% |
| Assessed Value | $1,145,257 | $1,318,488 | -13.1% |
| Land Value | $125,357 | $250,714 | -50.0% |
| Improvement Value | $1,019,900 | $1,067,774 | -4.5% |
| Taxable Value | $1,145,257 | $1,318,488 | -13.1% |
| Total Tax 2026 = estimate |
~$24,402
Estimated
|
~$28,093
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,363,401 | $1,145,257 | -218,144 (-16.0%) |
| Taxable Value | $1,363,401 | $1,145,257 | -218,144 (-16.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,145,257 | $125,357 | $1,019,900 | — | $1,145,257 | $1,145,257 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,318,488 | $250,714 | $1,067,774 | — | $1,318,488 | $1,318,488 | ~$28,093 | Partial |
| 2024 | $1,473,618 | — | — | −$1,222,904 | $250,714 | $— | $34,376 | Verified |
| 2023 | $1,459,686 | — | — | −$1,041,830 | $417,856 | $— | $29,806 | Verified |
| 2022 | $1,047,464 | — | — | −$570,064 | $477,400 | $— | $32,233 | Verified |
| 2021 | $1,149,630 | — | — | −$1,086,952 | $62,678 | $— | $25,958 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.4% | +3.4% | ~100% | Not available | Partial |
| 2025 | -20.1% | -20.1% | ~100% | Not available | Partial |
| 2024 | +12.0% | +12.0% | ~100% | 2.0800% | Verified |
| 2023 | +1.0% | +1.0% | ~100% | 2.0200% | Verified |
| 2022 | +39.4% | +39.4% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.1% | +1.6% | +6.6% | +39.4% | 2023 | -13.1% | 2026 |
| Assessment Ratio | 100.0% | 49.4% | — | 100.0% | 2025 | 5.5% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$28,093 | $30,093 | ~$27,272 | $34,376 | 2024 | $25,958 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,364,444 | ~$1,364,444 | ~2.0439% | ~$27,888 | +3.5% |
| 2027 | ~$1,412,002 | ~$1,412,002 | ~1.9570% | ~$27,633 | +7.1% |
| 2028 | ~$1,461,217 | ~$1,461,217 | ~1.8702% | ~$27,327 | +10.8% |
| 2029 | ~$1,512,148 | ~$1,512,148 | ~1.7833% | ~$26,966 | +14.7% |
| 2030 | ~$1,564,854 | ~$1,564,854 | ~1.6964% | ~$26,547 | +18.7% |
| 2026 | ~$1,338,074 | ~$1,338,074 | ~2.1307% | ~$28,511 | +1.5% |
| 2027 | ~$1,357,951 | ~$1,357,951 | ~2.1307% | ~$28,934 | +3.0% |
| 2028 | ~$1,378,124 | ~$1,378,124 | ~2.1307% | ~$29,364 | +4.5% |
| 2029 | ~$1,398,596 | ~$1,398,596 | ~2.1307% | ~$29,800 | +6.1% |
| 2030 | ~$1,419,372 | ~$1,419,372 | ~2.1307% | ~$30,243 | +7.7% |
| 2026 | ~$1,390,814 | ~$1,390,814 | ~2.0004% | ~$27,822 | +5.5% |
| 2027 | ~$1,467,107 | ~$1,467,107 | ~1.8702% | ~$27,437 | +11.3% |
| 2028 | ~$1,547,585 | ~$1,547,585 | ~1.7399% | ~$26,926 | +17.4% |
| 2029 | ~$1,632,478 | ~$1,632,478 | ~1.6096% | ~$26,276 | +23.8% |
| 2030 | ~$1,722,028 | ~$1,722,028 | ~1.4793% | ~$25,474 | +30.6% |
In 2025, this property's market value of $1,318,488 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +154% above the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $1,318,488 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,473,618 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,459,686 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,047,464 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,149,630 | $300,453 | $376,850 | $539,896 | ↑ 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.