128 FLIGHTLINE RD TX 78719
| Owner | PIASECKI RICHARD F & JILL C |
|---|---|
| Parcel ID | 0188730264 |
| Short ID | 441574 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,100 SF |
| Land SF | 3,604 SF |
| Acres | 0.083 |
| Year Built | 2003 |
| Legal | LOT 36A LAGO VISTA BAR-K AIRPORT SUBD AMENDED PLAT OF LOTS 36,37&38 |
| Neighborhood | 61NWE |
| Land | $57,664 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $57,664 |
| Improvement | $81,102 |
|---|---|
| Total Improvement | $81,102 |
| Market | $138,766 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $138,766 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $138,766 |
| Taxable Value | $138,766 |
|---|
Appreciation: Market value has risen +19.6% from $116,072 (2021) to $138,766 (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 $2,957. 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 42% of market value ($57,664 land vs $81,102 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $138,766, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $173,471 by 2030, with an estimated annual tax burden around $2,943. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,100 SF | ✓ |
Market value changed by 112% 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% | $1,298.23 | $1,298.23 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $536.19 | $536.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $479.82 | $479.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $150.67 | $150.67 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $127.67 | $127.67 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $127.62 | $127.62 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $2,720.20 | $2,720.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $294,557 | $138,766 | +112.3% |
| Assessed Value | $153,198 | $138,766 | +10.4% |
| Land Value | $57,664 | $57,664 | +0.0% |
| Improvement Value | $236,893 | $81,102 | +192.1% |
| Taxable Value | $153,198 | $138,766 | +10.4% |
| HS Cap Loss | -$141,359 | — | |
| Total Tax 2026 = estimate |
~$3,264
Estimated
|
~$2,720
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $294,557 | $294,557 | +0 (+0.0%) |
| Taxable Value | $153,198 | $153,198 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $294,557 | $57,664 | $236,893 | −$141,359 | $153,198 | $153,198 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $138,766 | $57,664 | $81,102 | — | $138,766 | $138,766 | ~$2,720 | Partial |
| 2024 | $155,213 | — | — | −$97,549 | $57,664 | $— | $2,716 | Verified |
| 2023 | $136,725 | — | — | −$79,061 | $57,664 | $— | $3,139 | Verified |
| 2022 | $137,779 | — | — | −$80,115 | $57,664 | $— | $3,019 | Verified |
| 2021 | $116,072 | — | — | −$58,408 | $57,664 | $— | $3,414 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +112.3% ! | +10.4% | 52.0% | Not available | Partial |
| 2025 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2024 | -19.0% | -19.0% | ~100% | 2.0800% | Verified |
| 2023 | +17.6% | +17.6% | ~100% | 1.9500% | Verified |
| 2022 | -0.8% | -0.8% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +112.3% | +26.6% | -6.5% | +112.3% | 2026 | -10.6% | 2025 |
| Assessment Ratio | 52.0% | 53.8% | — | 100.0% | 2025 | 37.2% | 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 |
$2,720 | $3,002 | ~$2,961 | $3,414 | 2021 | $2,716 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$145,102 | ~$145,102 | ~2.0439% | ~$2,966 | +4.6% |
| 2027 | ~$151,726 | ~$151,726 | ~1.9570% | ~$2,969 | +9.3% |
| 2028 | ~$158,654 | ~$158,654 | ~1.8702% | ~$2,967 | +14.3% |
| 2029 | ~$165,897 | ~$165,897 | ~1.7833% | ~$2,958 | +19.6% |
| 2030 | ~$173,471 | ~$173,471 | ~1.6964% | ~$2,943 | +25.0% |
| 2026 | ~$142,326 | ~$142,326 | ~2.1307% | ~$3,033 | +2.6% |
| 2027 | ~$145,978 | ~$145,978 | ~2.1307% | ~$3,110 | +5.2% |
| 2028 | ~$149,723 | ~$149,723 | ~2.1307% | ~$3,190 | +7.9% |
| 2029 | ~$153,564 | ~$153,564 | ~2.1307% | ~$3,272 | +10.7% |
| 2030 | ~$157,504 | ~$157,504 | ~2.1307% | ~$3,356 | +13.5% |
| 2026 | ~$147,877 | ~$147,877 | ~2.0004% | ~$2,958 | +6.6% |
| 2027 | ~$157,586 | ~$157,586 | ~1.8702% | ~$2,947 | +13.6% |
| 2028 | ~$167,932 | ~$167,932 | ~1.7399% | ~$2,922 | +21.0% |
| 2029 | ~$178,958 | ~$178,958 | ~1.6096% | ~$2,880 | +29.0% |
| 2030 | ~$190,708 | ~$190,708 | ~1.4793% | ~$2,821 | +37.4% |
In 2025, this property's market value of $138,766 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -90% 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 | $138,766 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $155,213 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $136,725 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $137,779 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $116,072 | $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.