W STATE HY 71 TX 78736
| Owner | MRW GRIT LTD |
|---|---|
| Parcel ID | 0110670110 |
| Short ID | 109729 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 8,845,729 SF |
| Acres | 203.070 |
| Year Built | — |
| Legal | ABS 2441 SUR 170 HEINZEN E ACR 203.07 (1-D-1) |
| Neighborhood | _RGN220 |
| Land | $7,459,873 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,459,873 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,459,873 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,459,873 |
| Value Limitation Adjustment (−) (homestead cap) | −$7,439,052 |
| Net Appraised (assessed) | $20,821 |
| Taxable Value | $20,821 |
|---|
Appreciation: Market value has risen +159.0% from $2,880,318 (2021) to $7,459,873 (2025), a CAGR of 26.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Agricultural parcel countywide rose +96.0%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.6240% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $338. Lake Travis ISD is the largest single contributor, at 64.0% of the total 2025 levy.
Assessment Gap: Assessed value ($20,821) is $7,439,052 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 100% of market value ($7,459,873 land vs $0 improvements), about $1/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $7,459,873, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $561,432 (P25 $179,824 / P75 $1,355,511, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +16.9% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $22,205,900 by 2031, with an estimated annual tax burden around $311,954. 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.
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $216.48 | $216.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78.25 | $78.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24.57 | $24.57 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $18.82 | $18.82 | Paid |
| Combined Rate | 1.7993% | 1.7157% | 1.5625% | 1.6056% | 1.6240% | +0.0184% | $338.12 | $338.12 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $216.48 | 64.0% |
| TCO Travis County | 0.3758% | $78.25 | 23.1% |
| THD Travis Central Health | 0.1180% | $24.57 | 7.3% |
| E06 Travis County ESD # 06 | 0.0904% | $18.82 | 5.6% |
| Total | 1.6240% | $338.12 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,153,500 | $7,459,873 | +36.1% |
| Assessed Value | $21,454 | $20,821 | +3.0% |
| Land Value | $10,153,500 | $7,459,873 | +36.1% |
| Improvement Value | — | — | — |
| Taxable Value | $21,454 | $20,821 | +3.0% |
| HS Cap Loss | -$10,132,046 | — | |
| Total Tax 2026 = estimate |
~$348
Estimated
|
~$338
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,153,500 | $10,153,500 | — | −$10,132,046 | $21,454 | $21,454 | Not yet — post-cert | Preliminary |
| 2025 | $7,459,873 | $7,459,873 | — | −$7,439,052 | $20,821 | $20,821 | ~$338 | Partial |
| 2024 | $7,459,873 | $7,459,873 | — | −$7,440,732 | $19,141 | $19,141 | $307 | Verified |
| 2023 | $5,429,173 | $5,429,173 | — | −$5,409,885 | $19,288 | $19,288 | $301 | Verified |
| 2022 | $5,429,173 | $5,429,173 | — | −$5,410,795 | $18,378 | $18,378 | $315 | Verified |
| 2021 | $2,880,318 | — | — | −$2,862,862 | $17,456 | $17,456 | $314 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.1% | +3.0% | 0.2% | Not available | Partial |
| 2025 | +0.0% | +8.8% | 0.3% | Not available | Partial |
| 2024 | +37.4% | -0.8% | 0.3% | No billing data | Verified |
| 2023 | +0.0% | +5.0% | 0.4% | No billing data | Verified |
| 2022 | +88.5% ! | +5.3% | 0.3% | No billing data | Verified |
| 2021 | base year | — | 0.6% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +159.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +36.1% | +32.4% | +16.9% | +88.5% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 0.2% | 0.4% | — | 0.6% | 2021 | 0.2% | 2026 |
| Effective Tax Rate (2025) | 0.0000% | 0.0000% | — | 0.0000% | 2025 | 0.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$338 | $315 | ~$246,065 | $338 | 2025 | $301 | 2023 |
Market value changed by 88% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,873,706 | ~$11,873,706 | ~1.5801% | ~$187,621 | +16.9% |
| 2028 | ~$13,885,350 | ~$13,885,350 | ~1.5363% | ~$213,322 | +36.8% |
| 2029 | ~$16,237,806 | ~$16,237,806 | ~1.4925% | ~$242,346 | +59.9% |
| 2030 | ~$18,988,815 | ~$18,988,815 | ~1.4487% | ~$275,082 | +87.0% |
| 2031 | ~$22,205,900 | ~$22,205,900 | ~1.4048% | ~$311,954 | +118.7% |
| 2027 | ~$11,670,636 | ~$11,670,636 | ~1.6240% | ~$189,527 | +14.9% |
| 2028 | ~$13,414,463 | ~$13,414,463 | ~1.6240% | ~$217,846 | +32.1% |
| 2029 | ~$15,418,852 | ~$15,418,852 | ~1.6240% | ~$250,397 | +51.9% |
| 2030 | ~$17,722,737 | ~$17,722,737 | ~1.6240% | ~$287,811 | +74.5% |
| 2031 | ~$20,370,869 | ~$20,370,869 | ~1.6240% | ~$330,816 | +100.6% |
| 2027 | ~$12,076,776 | ~$12,076,776 | ~1.5582% | ~$188,183 | +18.9% |
| 2028 | ~$14,364,359 | ~$14,364,359 | ~1.4925% | ~$214,386 | +41.5% |
| 2029 | ~$17,085,256 | ~$17,085,256 | ~1.4267% | ~$243,762 | +68.3% |
| 2030 | ~$20,321,546 | ~$20,321,546 | ~1.3610% | ~$276,576 | +100.1% |
| 2031 | ~$24,170,854 | ~$24,170,854 | ~1.2953% | ~$313,075 | +138.1% |
In 2025, this property's market value of $7,459,873 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 13× the county median of $561,432. Agricultural here is the broad TCAD category — every agricultural 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 | $7,459,873 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $7,459,873 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $5,429,173 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $5,429,173 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $2,880,318 | $105,498 | $286,444 | $607,111 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |