8002 BERNARD ST TX 78641
| Owner | FASELER JOHN |
|---|---|
| Parcel ID | 0172550104 |
| Short ID | 176510 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | — |
| Acres | — |
| Year Built | — |
| Legal | LOT 1 N 1.11 AC OF LAKE TRAVIS SUBD NO 6 ABS 735 SUR 551 STEWART J ACR 2.763 (TOTAL 4.073AC) |
| Neighborhood | T9020WF |
| Land | $3,699,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,699,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,699,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,699,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,260,829 |
| Net Appraised (assessed) | $1,438,171 |
| Taxable Value | $1,438,171 |
|---|
Appreciation: Market value has risen +460.6% from $659,800 (2021) to $3,699,000 (2025), a CAGR of 53.9% 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 6 taxing entities is 1.8620% in 2025 (+0.0423% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $26,778. Leander ISD is the largest single contributor, at 58.4% of the total 2025 levy.
Assessment Gap: Assessed value ($1,438,171) is $2,260,829 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 ($3,699,000 land vs $0 improvements). 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 $3,699,000, 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 +53.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $31,909,820 by 2030, with an estimated annual tax burden around $500,252. 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 270% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $15,631.48 | $15,631.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,405.29 | $5,405.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,697.37 | $1,697.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,487.07 | $1,487.07 | Paid |
| E14 Travis County ESD # 14 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,438.17 | $1,438.17 | Paid |
| VVO Village of Volente | 0.0864% | 0.0700% | 0.0723% | 0.0791% | 0.0778% | -0.0013% | $1,118.90 | $1,118.90 | Paid |
| Combined Rate | 2.0974% | 1.9602% | 1.7849% | 1.8197% | 1.8620% | +0.0423% | $26,778.28 | $26,778.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,200,000 | $3,699,000 | -67.6% |
| Assessed Value | $1,200,000 | $1,438,171 | -16.6% |
| Land Value | $2,589,300 | $3,699,000 | -30.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,200,000 | $1,438,171 | -16.6% |
| Total Tax 2026 = estimate |
~$22,344
Estimated
|
~$26,778
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,200,000 | $1,200,000 | +0 (+0.0%) |
| Taxable Value | $1,200,000 | $1,200,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,200,000 | $2,589,300 | — | — | $1,200,000 | $1,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,699,000 | $3,699,000 | — | −$2,260,829 | $1,438,171 | $1,438,171 | ~$26,778 | Partial |
| 2024 | $— | — | — | — | $3,699,000 | $— | $21,809 | Verified |
| 2023 | $— | — | — | — | $998,730 | $— | $17,827 | Verified |
| 2022 | $— | — | — | — | $998,730 | $— | $19,577 | Verified |
| 2021 | $659,800 | — | — | — | $810,000 ! | $— | $16,989 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -67.6% | -16.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 38.9% | Not available | Partial |
| 2024 | +270.4% ! | +20.0% | 32.4% | 0.5900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.7800% | Verified |
| 2022 | +23.3% | +23.3% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +356.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -67.6% | +196.5% | +118.0% | +460.6% | 2025 | -67.6% | 2026 |
| Assessment Ratio | 100.0% | 87.2% | — | 122.8% | 2021 | 38.9% | 2025 |
| Effective Tax Rate (2025) | 0.7200% | 0.7200% | — | 0.7200% | 2025 | 0.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,778 | $21,884 | ~$264,019 | $26,778 | 2025 | $16,989 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,691,835 | ~$5,691,835 | ~1.8031% | ~$102,630 | +53.9% |
| 2027 | ~$8,758,311 | ~$8,758,311 | ~1.7443% | ~$152,768 | +136.8% |
| 2028 | ~$13,476,849 | ~$13,476,849 | ~1.6854% | ~$227,140 | +264.3% |
| 2029 | ~$20,737,498 | ~$20,737,498 | ~1.6266% | ~$337,307 | +460.6% |
| 2030 | ~$31,909,820 | ~$31,909,820 | ~1.5677% | ~$500,252 | +762.7% |
| 2026 | ~$5,617,855 | ~$5,617,855 | ~1.8620% | ~$104,603 | +51.9% |
| 2027 | ~$8,532,117 | ~$8,532,117 | ~1.8620% | ~$158,865 | +130.7% |
| 2028 | ~$12,958,150 | ~$12,958,150 | ~1.8620% | ~$241,277 | +250.3% |
| 2029 | ~$19,680,188 | ~$19,680,188 | ~1.8620% | ~$366,439 | +432.0% |
| 2030 | ~$29,889,282 | ~$29,889,282 | ~1.8620% | ~$556,529 | +708.0% |
| 2026 | ~$5,765,815 | ~$5,765,815 | ~1.7737% | ~$102,268 | +55.9% |
| 2027 | ~$8,987,464 | ~$8,987,464 | ~1.6854% | ~$151,476 | +143.0% |
| 2028 | ~$14,009,207 | ~$14,009,207 | ~1.5971% | ~$223,745 | +278.7% |
| 2029 | ~$21,836,848 | ~$21,836,848 | ~1.5089% | ~$329,486 | +490.3% |
| 2030 | ~$34,038,183 | ~$34,038,183 | ~1.4206% | ~$483,537 | +820.2% |
In 2025, this property's market value of $3,699,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 44× 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 | $3,699,000 | $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 | $659,800 | $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.