324 FLIGHTLINE RD LAGO VISTA, TX 78645
| Owner | SCHAFER LISA MARIE |
|---|---|
| Parcel ID | 0190730747 |
| Short ID | 186167 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,800 SF |
| Land SF | 12,000 SF |
| Acres | 0.275 |
| Year Built | 1994 |
| Legal | LOT 53 LAGO VISTA BAR-K AIRPORT SUBD |
| Neighborhood | 61NWE |
| Land | $192,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $192,000 |
| Improvement | $123,050 |
|---|---|
| Total Improvement | $123,050 |
| Market | $315,050 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $315,050 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $315,050 |
| Exemptions (−) (HS) | −$63,010 |
|---|---|
| Taxable Value | $252,040 |
Appreciation: Market value has risen +6.3% from $296,400 (2021) to $315,050 (2025), a CAGR of 1.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $5,370. Lago Vista ISD is the largest single contributor, at 28.0% 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 61% of market value ($192,000 land vs $123,050 improvements), about $16/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $315,050, 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 +1.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $340,021 by 2030, with an estimated annual tax burden around $5,768. 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 | 4,800 SF | ✓ |
| 551 | PAVED AREA | 2,160 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $1,139.33 | $1,139.33 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $1,058.57 | $1,058.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $947.28 | $947.28 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $315.05 | $315.05 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $314.95 | $314.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $297.47 | $297.47 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $4,072.65 | $4,072.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $315,050 | $315,050 | +0.0% |
| Assessed Value | $315,050 | $315,050 | +0.0% |
| Land Value | $192,000 | $192,000 | +0.0% |
| Improvement Value | $123,050 | $123,050 | +0.0% |
| Taxable Value | $106,771 | $252,040 | -57.6% |
| Exemptions | HS,OV65 | HS | |
| Total Tax 2026 = estimate |
~$2,275
Estimated
|
~$4,073
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $315,050 | $315,050 | +0 (+0.0%) |
| Taxable Value | $108,820 | $106,771 | -2,049 (-1.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $315,050 | $192,000 | $123,050 | — | $315,050 | $106,771 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $315,050 | $192,000 | $123,050 | — | $315,050 | $252,040 | ~$4,073 | Partial |
| 2024 | $315,050 | — | — | −$123,050 | $192,000 | $— | $4,354 | Verified |
| 2023 | $315,050 | — | — | −$123,050 | $192,000 | $— | $4,195 | Verified |
| 2022 | $315,050 | — | — | −$123,050 | $192,000 | $— | $5,204 | Verified |
| 2021 | $296,400 | — | — | −$104,400 | $192,000 | $— | $6,072 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.3800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.3300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.6500% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.3% | +1.5% | +6.3% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 74.6% | — | 100.0% | 2025 | 60.9% | 2022 |
| Effective Tax Rate (2025) | 1.2900% | 1.2900% | — | 1.2900% | 2025 | 1.2900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,073 | $4,780 | ~$6,161 | $6,072 | 2021 | $4,073 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$319,893 | ~$319,893 | ~2.0439% | ~$6,538 | +1.5% |
| 2027 | ~$324,811 | ~$324,811 | ~1.9570% | ~$6,357 | +3.1% |
| 2028 | ~$329,804 | ~$329,804 | ~1.8702% | ~$6,168 | +4.7% |
| 2029 | ~$334,873 | ~$334,873 | ~1.7833% | ~$5,972 | +6.3% |
| 2030 | ~$340,021 | ~$340,021 | ~1.6964% | ~$5,768 | +7.9% |
| 2026 | ~$313,592 | ~$313,592 | ~2.1307% | ~$6,682 | -0.5% |
| 2027 | ~$312,141 | ~$312,141 | ~2.1307% | ~$6,651 | -0.9% |
| 2028 | ~$310,696 | ~$310,696 | ~2.1307% | ~$6,620 | -1.4% |
| 2029 | ~$309,259 | ~$309,259 | ~2.1307% | ~$6,589 | -1.8% |
| 2030 | ~$307,827 | ~$307,827 | ~2.1307% | ~$6,559 | -2.3% |
| 2026 | ~$326,194 | ~$326,194 | ~2.0004% | ~$6,525 | +3.5% |
| 2027 | ~$337,732 | ~$337,732 | ~1.8702% | ~$6,316 | +7.2% |
| 2028 | ~$349,679 | ~$349,679 | ~1.7399% | ~$6,084 | +11.0% |
| 2029 | ~$362,048 | ~$362,048 | ~1.6096% | ~$5,827 | +14.9% |
| 2030 | ~$374,854 | ~$374,854 | ~1.4793% | ~$5,545 | +19.0% |
In 2025, this property's market value of $315,050 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -78% 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 | $315,050 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $315,050 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $315,050 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $315,050 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $296,400 | $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.