206 FLIGHTLINE RD LAGO VISTA, TX 78719
| Owner | LV FLIGHTLINE LLC |
|---|---|
| Parcel ID | 0188730206 |
| Short ID | 184756 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 11,100 SF |
| Land SF | 14,026 SF |
| Acres | 0.322 |
| Year Built | 1978 |
| Legal | ABS 2540 SUR 92 FAUBION F F ACR .322 |
| Neighborhood | 61NWE |
| Land | $224,416 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $224,416 |
| Improvement | $444,445 |
|---|---|
| Total Improvement | $444,445 |
| Market | $668,861 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $668,861 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $668,861 |
| Taxable Value | $668,861 |
|---|
Appreciation: Market value has risen +22.5% from $546,214 (2021) to $668,861 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has lagged the broader commercial 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 $14,252. Lago Vista ISD is the largest single contributor, at 47.7% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 34% of market value ($224,416 land vs $444,445 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~48 yrs), and rent roll drive the underwriting.
Submarket Position: At $668,861, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $861,593 by 2030, with an estimated annual tax burden around $14,616. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 11,100 SF | ✓ |
| 483 | LIVING QUARTERS | 2,200 SF | ✓ |
| MEZZ | Mezzanine | 1,100 SF | ✓ |
| 881 | COMMCL FINISHOUT | 908 SF | ✓ |
| 328 | MEZZ COMM (STG) | 908 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 320 SF | ✗ |
| 435 | FENCE IRON LF | 57 SF | ✗ |
Market value changed by 127% 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $6,257.51 | $6,257.51 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $2,584.48 | $2,584.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,312.77 | $2,312.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $726.26 | $726.26 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $615.35 | $615.35 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $615.15 | $615.15 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $13,111.52 | $13,111.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $731,448 | $668,861 | +9.4% |
| Assessed Value | $731,448 | $668,861 | +9.4% |
| Land Value | $157,091 | $224,416 | -30.0% |
| Improvement Value | $574,357 | $444,445 | +29.2% |
| Taxable Value | $731,448 | $668,861 | +9.4% |
| Total Tax 2026 = estimate |
~$15,585
Estimated
|
~$13,112
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,517,142 | $731,448 | -785,694 (-51.8%) |
| Taxable Value | $738,422 | $731,448 | -6,974 (-0.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $731,448 | $157,091 | $574,357 | — | $731,448 | $731,448 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $668,861 | $224,416 | $444,445 | — | $668,861 | $668,861 | ~$13,112 | Partial |
| 2024 | $759,765 | — | — | −$535,349 | $224,416 | $— | $13,134 | Verified |
| 2023 | $546,214 | — | — | −$321,798 | $224,416 | $— | $15,367 | Verified |
| 2022 | $546,214 | — | — | −$321,798 | $224,416 | $— | $12,062 | Verified |
| 2021 | $546,214 | — | — | −$321,798 | $224,416 | $— | $13,536 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +126.8% ! | +10.4% | 48.7% | Not available | Partial |
| 2025 | +6.1% | +6.1% | ~100% | Not available | Partial |
| 2024 | -19.9% | -19.9% | ~100% | 2.0800% | Verified |
| 2023 | +14.8% | +14.8% | ~100% | 1.9500% | Verified |
| 2022 | +1.4% | +1.4% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.4% | +7.3% | +3.4% | +39.1% | 2024 | -12.0% | 2025 |
| Assessment Ratio | 100.0% | 58.8% | — | 100.0% | 2025 | 29.5% | 2024 |
| Effective Tax Rate (2025) | 1.9600% | 1.9600% | — | 1.9600% | 2025 | 1.9600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,112 | $13,442 | ~$14,530 | $15,367 | 2023 | $12,062 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$703,605 | ~$703,605 | ~2.0439% | ~$14,381 | +5.2% |
| 2027 | ~$740,155 | ~$740,155 | ~1.9570% | ~$14,485 | +10.7% |
| 2028 | ~$778,602 | ~$778,602 | ~1.8702% | ~$14,561 | +16.4% |
| 2029 | ~$819,047 | ~$819,047 | ~1.7833% | ~$14,606 | +22.5% |
| 2030 | ~$861,593 | ~$861,593 | ~1.6964% | ~$14,616 | +28.8% |
| 2026 | ~$690,228 | ~$690,228 | ~2.1307% | ~$14,707 | +3.2% |
| 2027 | ~$712,278 | ~$712,278 | ~2.1307% | ~$15,177 | +6.5% |
| 2028 | ~$735,032 | ~$735,032 | ~2.1307% | ~$15,662 | +9.9% |
| 2029 | ~$758,513 | ~$758,513 | ~2.1307% | ~$16,162 | +13.4% |
| 2030 | ~$782,744 | ~$782,744 | ~2.1307% | ~$16,678 | +17.0% |
| 2026 | ~$716,983 | ~$716,983 | ~2.0004% | ~$14,343 | +7.2% |
| 2027 | ~$768,566 | ~$768,566 | ~1.8702% | ~$14,373 | +14.9% |
| 2028 | ~$823,861 | ~$823,861 | ~1.7399% | ~$14,334 | +23.2% |
| 2029 | ~$883,134 | ~$883,134 | ~1.6096% | ~$14,215 | +32.0% |
| 2030 | ~$946,672 | ~$946,672 | ~1.4793% | ~$14,004 | +41.5% |
In 2025, this property's market value of $668,861 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -53% below the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial 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 | $668,861 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $759,765 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $546,214 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $546,214 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $546,214 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.