1207 FAWN PARK TX 78645
| Owner | MERCADO FREDDY A |
|---|---|
| Parcel ID | 0160920530 |
| Short ID | 159956 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 11,800 SF |
| Acres | 0.271 |
| Year Built | — |
| Legal | LOT 3-A BLK S EMERALD BEND SEC 1 |
| Neighborhood | S04WF |
| Land | $70,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $70,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $70,400 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $70,400 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $70,400 |
| Taxable Value | $70,400 |
|---|
Appreciation: Market value has risen +170.8% from $26,000 (2021) to $70,400 (2025), a CAGR of 28.3% 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 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,500. Lago Vista ISD is the largest single contributor, at 47.7% 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 ($70,400 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 $70,400, this parcel sits in the lower-middle (25th–50th 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 +28.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $244,524 by 2030, with an estimated annual tax burden around $4,148. 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 167% 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% | $715.90 | $715.90 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $295.68 | $295.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $264.59 | $264.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $83.09 | $83.09 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $70.40 | $70.40 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $70.38 | $70.38 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $1,500.04 | $1,500.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $35,200 | $70,400 | -50.0% |
| Assessed Value | $35,200 | $70,400 | -50.0% |
| Land Value | $35,200 | $70,400 | -50.0% |
| Improvement Value | — | — | — |
| Taxable Value | $35,200 | $70,400 | -50.0% |
| Total Tax 2026 = estimate |
~$750
Estimated
|
~$1,500
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $35,200 | $35,200 | +0 (+0.0%) |
| Taxable Value | $35,200 | $35,200 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $35,200 | $35,200 | — | — | $35,200 | $35,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $70,400 | $70,400 | — | — | $70,400 | $70,400 | ~$1,500 | Partial |
| 2024 | $— | — | — | — | $70,400 | $— | $1,375 | Verified |
| 2023 | $— | — | — | — | $55,000 | $— | $1,112 | Verified |
| 2022 | $— | — | — | — | $55,000 | $— | $1,215 | Verified |
| 2021 | $26,000 | — | — | — | $26,100 ! | $— | $647 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -50.0% | -50.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +6.7% | ~100% | Not available | Partial |
| 2024 | +28.0% | +20.0% | 93.8% | 1.9500% | Verified |
| 2023 | -21.0% | -21.0% | ~100% | 2.0200% | Verified |
| 2022 | +166.7% ! | +166.7% | ~100% | 1.7500% | Verified |
| 2021 | base year | — | ~100% | 2.4900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +169.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -50.0% | +60.4% | +53.9% | +170.8% | 2025 | -50.0% | 2026 |
| Assessment Ratio | 100.0% | 100.1% | — | 100.4% | 2021 | 100.0% | 2025 |
| 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 |
$1,500 | $1,073 | ~$2,888 | $1,500 | 2025 | $647 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$90,307 | ~$90,307 | ~2.0439% | ~$1,846 | +28.3% |
| 2027 | ~$115,844 | ~$115,844 | ~1.9570% | ~$2,267 | +64.6% |
| 2028 | ~$148,601 | ~$148,601 | ~1.8702% | ~$2,779 | +111.1% |
| 2029 | ~$190,622 | ~$190,622 | ~1.7833% | ~$3,399 | +170.8% |
| 2030 | ~$244,524 | ~$244,524 | ~1.6964% | ~$4,148 | +247.3% |
| 2026 | ~$88,899 | ~$88,899 | ~2.1307% | ~$1,894 | +26.3% |
| 2027 | ~$112,260 | ~$112,260 | ~2.1307% | ~$2,392 | +59.5% |
| 2028 | ~$141,758 | ~$141,758 | ~2.1307% | ~$3,020 | +101.4% |
| 2029 | ~$179,009 | ~$179,009 | ~2.1307% | ~$3,814 | +154.3% |
| 2030 | ~$226,047 | ~$226,047 | ~2.1307% | ~$4,816 | +221.1% |
| 2026 | ~$91,715 | ~$91,715 | ~2.0004% | ~$1,835 | +30.3% |
| 2027 | ~$119,484 | ~$119,484 | ~1.8702% | ~$2,235 | +69.7% |
| 2028 | ~$155,661 | ~$155,661 | ~1.7399% | ~$2,708 | +121.1% |
| 2029 | ~$202,791 | ~$202,791 | ~1.6096% | ~$3,264 | +188.1% |
| 2030 | ~$264,190 | ~$264,190 | ~1.4793% | ~$3,908 | +275.3% |
In 2025, this property's market value of $70,400 places it in the 25th–50th percentile for Land/Vacant properties in Travis County (35611 comparable) — -17% below 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 | $70,400 | $24,862 | $85,028 | $363,420 | ↓ Below median | +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 | $26,000 | $6,000 | $14,480 | $80,000 | ↑ Above median | 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.