120 FLIGHTLINE RD TX 78645
| Owner | BRYDON ROBERT JACOB |
|---|---|
| Parcel ID | 0188730271 |
| Short ID | 498916 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,900 SF |
| Land SF | 3,583 SF |
| Acres | 0.082 |
| Year Built | 2000 |
| Legal | LOT 28A LAGO VISTA BAR-K AIRPORT SUBD AMENDED PLAT OF LOTS 22-32 |
| Neighborhood | 61NWE |
| Land | $57,328 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $57,328 |
| Improvement | $152,723 |
|---|---|
| Total Improvement | $152,723 |
| Market | $210,051 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $210,051 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $210,051 |
| Taxable Value | $210,051 |
|---|
Appreciation: Market value has risen +22.4% from $171,595 (2021) to $210,051 (2025), a CAGR of 5.2% 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 $4,476. 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 27% of market value ($57,328 land vs $152,723 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $210,051, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $270,458 by 2030, with an estimated annual tax burden around $4,588. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,900 SF | ✓ |
| 881 | COMMCL FINISHOUT | 600 SF | ✓ |
| 501 | CANOPY | 100 SF | ✗ |
Market value changed by 138% 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% | $2,136.01 | $2,136.01 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $882.21 | $882.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $789.47 | $789.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $247.91 | $247.91 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $210.05 | $210.05 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $209.98 | $209.98 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $4,475.63 | $4,475.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $500,968 | $210,051 | +138.5% |
| Assessed Value | $252,061 | $210,051 | +20.0% |
| Land Value | $57,328 | $57,328 | +0.0% |
| Improvement Value | $443,640 | $152,723 | +190.5% |
| Taxable Value | $252,061 | $210,051 | +20.0% |
| HS Cap Loss | -$248,907 | — | |
| Total Tax 2026 = estimate |
~$5,371
Estimated
|
~$4,476
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $500,968 | $500,968 | +0 (+0.0%) |
| Taxable Value | $252,061 | $252,061 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $500,968 | $57,328 | $443,640 | −$248,907 | $252,061 | $252,061 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $210,051 | $57,328 | $152,723 | — | $210,051 | $210,051 | ~$4,476 | Partial |
| 2024 | $263,362 | — | — | −$206,034 | $57,328 | $— | $4,354 | Verified |
| 2023 | $219,943 | — | — | −$148,283 | $71,660 | $— | $5,327 | Verified |
| 2022 | $219,918 | — | — | −$148,258 | $71,660 | $— | $4,857 | Verified |
| 2021 | $171,595 | — | — | −$99,935 | $71,660 | $— | $5,450 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +138.5% ! | +20.0% | 50.3% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | -20.6% | -20.6% | ~100% | 2.0800% | Verified |
| 2023 | +19.7% | +19.7% | ~100% | 2.0200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 3.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +138.5% | +33.2% | -7.0% | +138.5% | 2026 | -20.2% | 2025 |
| Assessment Ratio | 50.3% | 46.5% | — | 100.0% | 2025 | 21.8% | 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 |
$4,476 | $4,893 | ~$4,562 | $5,450 | 2021 | $4,354 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$220,943 | ~$220,943 | ~2.0439% | ~$4,516 | +5.2% |
| 2027 | ~$232,399 | ~$232,399 | ~1.9570% | ~$4,548 | +10.6% |
| 2028 | ~$244,450 | ~$244,450 | ~1.8702% | ~$4,572 | +16.4% |
| 2029 | ~$257,125 | ~$257,125 | ~1.7833% | ~$4,585 | +22.4% |
| 2030 | ~$270,458 | ~$270,458 | ~1.6964% | ~$4,588 | +28.8% |
| 2026 | ~$216,742 | ~$216,742 | ~2.1307% | ~$4,618 | +3.2% |
| 2027 | ~$223,646 | ~$223,646 | ~2.1307% | ~$4,765 | +6.5% |
| 2028 | ~$230,769 | ~$230,769 | ~2.1307% | ~$4,917 | +9.9% |
| 2029 | ~$238,120 | ~$238,120 | ~2.1307% | ~$5,074 | +13.4% |
| 2030 | ~$245,705 | ~$245,705 | ~2.1307% | ~$5,235 | +17.0% |
| 2026 | ~$225,144 | ~$225,144 | ~2.0004% | ~$4,504 | +7.2% |
| 2027 | ~$241,321 | ~$241,321 | ~1.8702% | ~$4,513 | +14.9% |
| 2028 | ~$258,661 | ~$258,661 | ~1.7399% | ~$4,500 | +23.1% |
| 2029 | ~$277,246 | ~$277,246 | ~1.6096% | ~$4,462 | +32.0% |
| 2030 | ~$297,167 | ~$297,167 | ~1.4793% | ~$4,396 | +41.5% |
In 2025, this property's market value of $210,051 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -85% 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 | $210,051 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $263,362 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $219,943 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $219,918 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $171,595 | $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.