LEISURE LN TX 78645
| Owner | THE HOLLOWS PROPERTY OWNERS ASSOCIATION INC |
|---|---|
| Parcel ID | 0176700215 |
| Short ID | 742128 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 321,498 SF |
| Acres | 7.381 |
| Year Built | — |
| Legal | LOT 5 BLK B HOLLOWS PHS II-C THE |
| Neighborhood | S02AC |
| Land | $219,767 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $219,767 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $219,767 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $219,767 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $219,767 |
| Taxable Value | $219,767 |
|---|
| Total Due | $5,329.70 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +69.8% from $129,452 (2021) to $219,767 (2025), a CAGR of 14.1% 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 6 taxing entities is 2.1088% in 2025 (+0.0560% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $4,635. Lago Vista ISD is the largest single contributor, at 48.2% 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 ($219,767 land vs $0 improvements), about $1/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 $219,767, this parcel sits in the upper-middle (50th–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 +14.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $425,873 by 2030, with an estimated annual tax burden around $7,484. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $5,329.70 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Travis County | 0.3444% | 0.3758% | +69 |
| Travis Central Health | 0.1080% | 0.1180% | +22 |
| Travis County ESD # 07 | 0.0910% | 0.1000% | +20 |
| City of Jonestown | 0.3925% | 0.3981% | +12 |
| Lago Vista ISD | 1.0169% | 1.0169% | +0 |
| Travis County ESD # 01 | 0.1000% | 0.1000% | +0 |
Market value changed by 123% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $2,234.81 | $— | $2,234.81 |
| CJO City of Jonestown | 0.5188% | 0.4190% | 0.3905% | 0.3925% | 0.3981% | +0.0056% | $874.89 | $— | $874.89 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $825.98 | $— | $825.98 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $259.38 | $— | $259.38 |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $219.77 | $— | $219.77 |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $219.69 | $— | $219.69 |
| Combined Rate | 2.3900% | 2.1989% | 1.9992% | 2.0528% | 2.1088% | +0.0560% | $4,634.52 | $0.00 | $4,634.52 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $283,237 | $219,767 | +28.9% |
| Assessed Value | $263,720 | $219,767 | +20.0% |
| Land Value | $283,237 | $219,767 | +28.9% |
| Improvement Value | — | — | — |
| Taxable Value | $263,720 | $219,767 | +20.0% |
| HS Cap Loss | -$19,517 | — | |
| Total Tax 2026 = estimate |
~$5,561
Estimated
|
$4,635 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $283,237 | $283,237 | +0 (+0.0%) |
| Taxable Value | $263,720 | $263,720 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $283,237 | $283,237 | — | −$19,517 | $263,720 | $263,720 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $219,767 | $219,767 | — | — | $219,767 | $219,767 | $4,635 | Verified |
| 2024 | $— | — | — | — | $225,000 | $— | $4,619 | Verified |
| 2023 | $— | — | — | — | $225,000 | $— | $4,498 | Verified |
| 2022 | $— | — | — | — | $360,245 | $— | $7,922 | Verified |
| 2021 | $129,452 | — | — | — | $161,815 ! | $— | $3,867 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.9% | +20.0% | 93.1% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | 2.1100% | Verified |
| 2024 | +0.0% | +0.0% | ~100% | 2.0500% | Verified |
| 2023 | -37.5% | -37.5% | ~100% | 2.0000% | Verified |
| 2022 | +122.6% ! | +122.6% | ~100% | 2.2000% | Verified |
| 2021 | base year | — | ~100% | 2.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +28.9% | +49.3% | +9.0% | +69.8% | 2025 | +28.9% | 2026 |
| Assessment Ratio | 93.1% | 106.0% | — | 125.0% | 2021 | 93.1% | 2026 |
| Effective Tax Rate (2025) | 2.1100% | 2.1100% | — | 2.1100% | 2025 | 2.1100% | 2025 |
| Tax Amount | $4,635 | $4,251 | ~$6,251 | $4,635 | 2025 | $3,867 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$250,857 | ~$250,857 | ~2.0385% | ~$5,114 | +14.1% |
| 2027 | ~$286,345 | ~$286,345 | ~1.9683% | ~$5,636 | +30.3% |
| 2028 | ~$326,853 | ~$326,853 | ~1.8980% | ~$6,204 | +48.7% |
| 2029 | ~$373,092 | ~$373,092 | ~1.8277% | ~$6,819 | +69.8% |
| 2030 | ~$425,873 | ~$425,873 | ~1.7574% | ~$7,484 | +93.8% |
| 2026 | ~$246,461 | ~$246,461 | ~2.1088% | ~$5,197 | +12.1% |
| 2027 | ~$276,398 | ~$276,398 | ~2.1088% | ~$5,829 | +25.8% |
| 2028 | ~$309,972 | ~$309,972 | ~2.1088% | ~$6,537 | +41.0% |
| 2029 | ~$347,623 | ~$347,623 | ~2.1088% | ~$7,331 | +58.2% |
| 2030 | ~$389,848 | ~$389,848 | ~2.1088% | ~$8,221 | +77.4% |
| 2026 | ~$255,252 | ~$255,252 | ~2.0034% | ~$5,114 | +16.1% |
| 2027 | ~$296,467 | ~$296,467 | ~1.8980% | ~$5,627 | +34.9% |
| 2028 | ~$344,337 | ~$344,337 | ~1.7925% | ~$6,172 | +56.7% |
| 2029 | ~$399,936 | ~$399,936 | ~1.6871% | ~$6,747 | +82.0% |
| 2030 | ~$464,512 | ~$464,512 | ~1.5817% | ~$7,347 | +111.4% |
In 2025, this property's market value of $219,767 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — +158% above 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 | $219,767 | $24,862 | $85,028 | $363,420 | ↑ Above 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 | $129,452 | $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.