148 FLIGHTLINE RD TX 78719
| Owner | TRI-DELTA DESIGN LLC |
|---|---|
| Parcel ID | 0188730212 |
| Short ID | 184760 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,025 SF |
| Land SF | 2,155 SF |
| Acres | 0.049 |
| Year Built | 1970 |
| Legal | LOT 16 LAGO VISTA AIRPARK SUBD |
| Neighborhood | 61NWE |
| Land | $34,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $34,480 |
| Improvement | $77,219 |
|---|---|
| Total Improvement | $77,219 |
| Market | $111,699 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $111,699 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $111,699 |
| Taxable Value | $111,699 |
|---|
Appreciation: Market value has risen +19.5% from $93,476 (2021) to $111,699 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. 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 $2,380. 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 31% of market value ($34,480 land vs $77,219 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~56 yrs), and rent roll drive the underwriting.
Submarket Position: At $111,699, 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 +4.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $139,552 by 2030, with an estimated annual tax burden around $2,367. 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 | 2,025 SF | ✓ |
| 881 | COMMCL FINISHOUT | 450 SF | ✓ |
Market value changed by 132% 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% | $1,045.00 | $1,045.00 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $431.60 | $431.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $386.23 | $386.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $121.28 | $121.28 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $102.76 | $102.76 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $102.73 | $102.73 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $2,189.60 | $2,189.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $259,049 | $111,699 | +131.9% |
| Assessed Value | $123,316 | $111,699 | +10.4% |
| Land Value | $34,480 | $34,480 | +0.0% |
| Improvement Value | $224,569 | $77,219 | +190.8% |
| Taxable Value | $123,316 | $111,699 | +10.4% |
| HS Cap Loss | -$135,733 | — | |
| Total Tax 2026 = estimate |
~$2,628
Estimated
|
~$2,190
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $259,049 | $259,049 | +0 (+0.0%) |
| Taxable Value | $123,316 | $123,316 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $259,049 | $34,480 | $224,569 | −$135,733 | $123,316 | $123,316 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $111,699 | $34,480 | $77,219 | — | $111,699 | $111,699 | ~$2,190 | Partial |
| 2024 | $126,985 | — | — | −$92,505 | $34,480 | $— | $2,186 | Verified |
| 2023 | $109,315 | — | — | −$74,835 | $34,480 | $— | $2,568 | Verified |
| 2022 | $109,315 | — | — | −$74,835 | $34,480 | $— | $2,414 | Verified |
| 2021 | $93,476 | — | — | −$58,996 | $34,480 | $— | $2,709 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +131.9% ! | +10.4% | 47.6% | Not available | Partial |
| 2025 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2024 | -20.3% | -20.3% | ~100% | 2.0800% | Verified |
| 2023 | +20.4% | +20.4% | ~100% | 1.9500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +131.9% | +30.6% | -7.3% | +131.9% | 2026 | -12.0% | 2025 |
| Assessment Ratio | 47.6% | 45.8% | — | 100.0% | 2025 | 27.2% | 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 |
$2,190 | $2,413 | ~$2,382 | $2,709 | 2021 | $2,186 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$116,785 | ~$116,785 | ~2.0439% | ~$2,387 | +4.6% |
| 2027 | ~$122,102 | ~$122,102 | ~1.9570% | ~$2,390 | +9.3% |
| 2028 | ~$127,662 | ~$127,662 | ~1.8702% | ~$2,387 | +14.3% |
| 2029 | ~$133,475 | ~$133,475 | ~1.7833% | ~$2,380 | +19.5% |
| 2030 | ~$139,552 | ~$139,552 | ~1.6964% | ~$2,367 | +24.9% |
| 2026 | ~$114,551 | ~$114,551 | ~2.1307% | ~$2,441 | +2.6% |
| 2027 | ~$117,476 | ~$117,476 | ~2.1307% | ~$2,503 | +5.2% |
| 2028 | ~$120,475 | ~$120,475 | ~2.1307% | ~$2,567 | +7.9% |
| 2029 | ~$123,551 | ~$123,551 | ~2.1307% | ~$2,633 | +10.6% |
| 2030 | ~$126,705 | ~$126,705 | ~2.1307% | ~$2,700 | +13.4% |
| 2026 | ~$119,019 | ~$119,019 | ~2.0004% | ~$2,381 | +6.6% |
| 2027 | ~$126,818 | ~$126,818 | ~1.8702% | ~$2,372 | +13.5% |
| 2028 | ~$135,129 | ~$135,129 | ~1.7399% | ~$2,351 | +21.0% |
| 2029 | ~$143,984 | ~$143,984 | ~1.6096% | ~$2,318 | +28.9% |
| 2030 | ~$153,420 | ~$153,420 | ~1.4793% | ~$2,270 | +37.4% |
In 2025, this property's market value of $111,699 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -92% 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 | $111,699 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $126,985 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $109,315 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $109,315 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $93,476 | $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.