23200 FULKES LN TX 78641
| Owner | ALI LIVING TRUST |
|---|---|
| Parcel ID | 0517670705 |
| Short ID | 354248 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | 1,644 SF |
| Land SF | 1,024,967 SF |
| Acres | 23.530 |
| Year Built | 1978 |
| Legal | 3.53 AC OF LOT 46 ROUNDMOUNTAIN OAKS |
| Neighborhood | T2690 |
| Land | $903,368 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $903,368 |
| Improvement | $283,552 |
|---|---|
| Total Improvement | $283,552 |
| Market | $1,186,920 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,186,920 |
| Value Limitation Adjustment (−) (homestead cap) | −$297,525 |
| Net Appraised (assessed) | $889,395 |
| Exemptions (−) (HS,OV65) | −$260,425 |
|---|---|
| Taxable Value | $628,970 |
Appreciation: Market value has risen +173.4% from $434,064 (2021) to $1,186,920 (2025), a CAGR of 28.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8841% in 2025 (+0.0525% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,851. Leander ISD is the largest single contributor, at 38.0% of the total 2025 levy.
Assessment Gap: Assessed value ($889,395) is $297,525 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 76% of market value ($903,368 land vs $283,552 improvements), about $1/SF of land. With value concentrated in the land under a ~48-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,186,920, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +28.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,173,554 by 2030, with an estimated annual tax burden around $22,926. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,644 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,644 SF | ✗ |
| 031 | GARAGE DET 1ST F | 648 SF | ✓ |
| 061 | CARPORT ATT 1ST | 513 SF | ✗ |
| 612 | TERRACE UNCOVERD | 192 SF | ✗ |
| 571 | STORAGE DET | 96 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 354248 | SCHAEFER JERILYN M & FREDERICK | 23200 FULKES LN 78641 | $852,888 | $852,888 | $852,888 |
| 514020 | SCHAEFER JERILYN M & FREDERICK | 23200 FULKES LN 78641 | $310,000 | $310,000 | $310,000 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $3,297.31 | $3,297.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,363.95 | $2,363.95 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $889.40 | $889.40 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $889.10 | $889.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $692.78 | $692.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $539.28 | $539.28 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $8,671.82 | $8,671.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,162,888 | $1,186,920 | -2.0% |
| Assessed Value | ~$978,335 | $889,395 | +10.0% |
| Land Value | $938,456 | $903,368 | +3.9% |
| Improvement Value | $252,888 | $283,552 | -10.8% |
| Taxable Value | ~$717,910 | $628,970 | +14.1% |
| Exemptions | — | HS,OV65 | |
| HS Cap Protection | ~-$184,553 | — | |
| Total Tax 2026 = estimate |
~$13,526
Estimated
|
~$8,672
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,231,532 | $1,162,888 | -68,644 (-5.6%) |
| Taxable Value | $1,231,532 | $717,910 | -513,622 (-41.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,162,888 | $938,456 | $252,888 | — | $1,162,888 | $1,162,888 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,186,920 | $903,368 | $283,552 | −$297,525 | $889,395 | $628,970 | ~$8,672 | Partial |
| 2024 | $933,306 | — | — | −$39,522 | $893,784 | $— | $8,394 | Verified |
| 2023 | $1,084,089 | — | — | −$190,305 | $893,784 | $— | $8,023 | Verified |
| 2022 | $472,153 | — | — | — | $893,784 ! | $— | $10,457 | Verified |
| 2021 | $434,064 | — | — | −$203,877 | $230,187 | $— | $5,723 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.6% | +11.6% | ~100% | Not available | Partial |
| 2025 | +3.3% | +3.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 0.6500% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 0.6500% | Verified |
| 2022 | -37.8% | -26.6% | ~100% | 0.7600% | Verified |
| 2021 | base year | — | 84.8% | 1.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -35.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.0% | +29.9% | +29.1% | +129.6% | 2023 | -13.9% | 2024 |
| Assessment Ratio | 100.0% | 99.2% | — | 189.3% | 2022 | 53.0% | 2021 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,672 | $8,254 | ~$20,346 | $10,457 | 2022 | $5,723 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,526,295 | ~$978,335 | ~1.8274% | ~$17,878 | +28.6% |
| 2027 | ~$1,962,706 | ~$1,076,168 | ~1.7707% | ~$19,056 | +65.4% |
| 2028 | ~$2,523,900 | ~$1,183,785 | ~1.7140% | ~$20,290 | +112.6% |
| 2029 | ~$3,245,556 | ~$1,302,163 | ~1.6573% | ~$21,581 | +173.4% |
| 2030 | ~$4,173,554 | ~$1,432,380 | ~1.6006% | ~$22,926 | +251.6% |
| 2026 | ~$1,502,556 | ~$978,335 | ~1.8841% | ~$18,433 | +26.6% |
| 2027 | ~$1,902,129 | ~$1,076,168 | ~1.8841% | ~$20,276 | +60.3% |
| 2028 | ~$2,407,960 | ~$1,183,785 | ~1.8841% | ~$22,304 | +102.9% |
| 2029 | ~$3,048,306 | ~$1,302,163 | ~1.8841% | ~$24,535 | +156.8% |
| 2030 | ~$3,858,938 | ~$1,432,380 | ~1.8841% | ~$26,988 | +225.1% |
| 2026 | ~$1,550,033 | ~$978,335 | ~1.7991% | ~$17,601 | +30.6% |
| 2027 | ~$2,024,233 | ~$1,076,168 | ~1.7140% | ~$18,446 | +70.5% |
| 2028 | ~$2,643,504 | ~$1,183,785 | ~1.6289% | ~$19,283 | +122.7% |
| 2029 | ~$3,452,228 | ~$1,302,163 | ~1.5439% | ~$20,104 | +190.9% |
| 2030 | ~$4,508,364 | ~$1,432,380 | ~1.4588% | ~$20,896 | +279.8% |
In 2025, this property's market value of $1,186,920 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 14× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,186,920 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $933,306 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,084,089 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $472,153 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $434,064 | $6,000 | $14,480 | $80,000 | ↑ Top 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.