204 FLIGHTLINE RD TX 78719
| Owner | LINCWINGS SOCIETY LLC |
|---|---|
| Parcel ID | 0188730209 |
| Short ID | 184758 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 6,732 SF |
| Land SF | 9,757 SF |
| Acres | 0.224 |
| Year Built | 1983 |
| Legal | ABS 2540 SUR 92 FAUBION F F ACR .224 |
| Neighborhood | 61NWE |
| Land | $156,112 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $156,112 |
| Improvement | $205,671 |
|---|---|
| Total Improvement | $205,671 |
| Market | $361,783 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $361,783 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $361,783 |
| Taxable Value | $361,783 |
|---|
Appreciation: Market value has risen +8.3% from $334,206 (2021) to $361,783 (2025), a CAGR of 2.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $7,709. 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 43% of market value ($156,112 land vs $205,671 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $361,783, this parcel sits in the bottom quartile (<25th 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 +2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $399,476 by 2030, with an estimated annual tax burden around $6,777. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,732 SF | ✓ |
| 881 | COMMCL FINISHOUT | 280 SF | ✓ |
Market value changed by 109% 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% | $3,678.97 | $3,678.97 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $1,519.49 | $1,519.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,359.74 | $1,359.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $426.99 | $426.99 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $361.78 | $361.78 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $361.66 | $361.66 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $7,708.63 | $7,708.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $755,930 | $361,783 | +108.9% |
| Assessed Value | $434,140 | $361,783 | +20.0% |
| Land Value | $156,112 | $156,112 | +0.0% |
| Improvement Value | $599,818 | $205,671 | +191.6% |
| Taxable Value | $434,140 | $361,783 | +20.0% |
| HS Cap Loss | -$321,790 | — | |
| Total Tax 2026 = estimate |
~$9,250
Estimated
|
~$7,709
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $755,930 | $755,930 | +0 (+0.0%) |
| Taxable Value | $434,140 | $434,140 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $755,930 | $156,112 | $599,818 | −$321,790 | $434,140 | $434,140 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $361,783 | $156,112 | $205,671 | — | $361,783 | $361,783 | ~$7,709 | Partial |
| 2024 | $418,795 | — | — | −$262,683 | $156,112 | $— | $7,460 | Verified |
| 2023 | $357,984 | — | — | −$201,872 | $156,112 | $— | $8,471 | Verified |
| 2022 | $350,253 | — | — | −$194,141 | $156,112 | $— | $7,905 | Verified |
| 2021 | $334,206 | — | — | −$178,094 | $156,112 | $— | $8,680 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +108.9% ! | +20.0% | 57.4% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | -14.5% | -14.5% | ~100% | 2.0800% | Verified |
| 2023 | +17.0% | +17.0% | ~100% | 2.0200% | Verified |
| 2022 | +2.2% | +2.2% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +108.9% | +23.9% | -8.6% | +108.9% | 2026 | -13.6% | 2025 |
| Assessment Ratio | 57.4% | 54.9% | — | 100.0% | 2025 | 37.3% | 2024 |
| 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 |
$7,709 | $8,045 | ~$7,170 | $8,680 | 2021 | $7,460 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$369,026 | ~$369,026 | ~2.0439% | ~$7,542 | +2.0% |
| 2027 | ~$376,413 | ~$376,413 | ~1.9570% | ~$7,366 | +4.0% |
| 2028 | ~$383,949 | ~$383,949 | ~1.8702% | ~$7,180 | +6.1% |
| 2029 | ~$391,636 | ~$391,636 | ~1.7833% | ~$6,984 | +8.3% |
| 2030 | ~$399,476 | ~$399,476 | ~1.6964% | ~$6,777 | +10.4% |
| 2026 | ~$361,790 | ~$361,790 | ~2.1307% | ~$7,709 | +0.0% |
| 2027 | ~$361,797 | ~$361,797 | ~2.1307% | ~$7,709 | +0.0% |
| 2028 | ~$361,804 | ~$361,804 | ~2.1307% | ~$7,709 | +0.0% |
| 2029 | ~$361,811 | ~$361,811 | ~2.1307% | ~$7,709 | +0.0% |
| 2030 | ~$361,818 | ~$361,818 | ~2.1307% | ~$7,709 | +0.0% |
| 2026 | ~$376,261 | ~$376,261 | ~2.0004% | ~$7,527 | +4.0% |
| 2027 | ~$391,319 | ~$391,319 | ~1.8702% | ~$7,318 | +8.2% |
| 2028 | ~$406,980 | ~$406,980 | ~1.7399% | ~$7,081 | +12.5% |
| 2029 | ~$423,267 | ~$423,267 | ~1.6096% | ~$6,813 | +17.0% |
| 2030 | ~$440,206 | ~$440,206 | ~1.4793% | ~$6,512 | +21.7% |
In 2025, this property's market value of $361,783 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% 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 | $361,783 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $418,795 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $357,984 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $350,253 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $334,206 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.