SPIRO TRL
| Owner | SEXTON LIVING TRUST |
|---|---|
| Parcel ID | 0118960124 |
| Short ID | 961907 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 1,162,311 SF |
| Acres | 26.683 |
| Year Built | — |
| Legal | PRESERVATION RANCH BLK A LOT 33 (1-d-1w) |
| Neighborhood | P5190 |
| Land | $3,223,757 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,223,757 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,223,757 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,223,757 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,220,662 |
| Net Appraised (assessed) | $3,095 |
| Taxable Value | $3,095 |
|---|
Appreciation: Market value has risen +88.0% from $1,714,645 (2022) to $3,223,757 (2025), a CAGR of 23.4% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Agricultural parcel countywide rose +34.6%, 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 $50. Lake Travis ISD is the largest single contributor, at 64.0% of the total 2025 levy.
Assessment Gap: Assessed value ($3,095) is $3,220,662 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 ($3,223,757 land vs $0 improvements), about $3/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 $3,223,757, 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 +10.3% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,132,266 by 2031, with an estimated annual tax burden around $58,051. 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% | $32.18 | $32.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11.63 | $11.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3.65 | $3.65 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2.80 | $2.80 | Paid |
| Combined Rate | 1.7993% | 1.7157% | 1.5625% | 1.6056% | 1.6240% | +0.0184% | $50.26 | $50.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $32.18 | 64.0% |
| TCO Travis County | 0.3758% | $11.63 | 23.1% |
| THD Travis Central Health | 0.1180% | $3.65 | 7.3% |
| E06 Travis County ESD # 06 | 0.0904% | $2.80 | 5.6% |
| Total | 1.6240% | $50.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,534,885 | $3,223,757 | -21.4% |
| Assessed Value | $2,861 | $3,095 | -7.6% |
| Land Value | $2,534,885 | $3,223,757 | -21.4% |
| Improvement Value | — | — | — |
| Taxable Value | $2,861 | $3,095 | -7.6% |
| HS Cap Loss | -$2,532,024 | — | |
| Total Tax 2026 = estimate |
~$46
Estimated
|
~$50
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,534,885 | $2,534,885 | — | −$2,532,024 | $2,861 | $2,861 | Not yet — post-cert | Preliminary |
| 2025 | $3,223,757 | $3,223,757 | — | −$3,220,662 | $3,095 | $3,095 | ~$50 | Partial |
| 2024 | $3,223,757 | $3,223,757 | — | −$3,220,813 | $2,944 | $2,944 | $47 | Verified |
| 2023 | $1,714,645 | $2,454,836 | — | −$1,711,941 | $2,704 | $2,704 | $42 | Verified |
| 2022 | $1,714,645 | $2,454,836 | — | −$1,711,941 | $2,704 | $2,704 | $46 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -21.4% | -7.6% | 0.1% | Not available | Partial |
| 2025 | +0.0% | +5.1% | 0.1% | Not available | Partial |
| 2024 | +88.0% ! | +8.9% | 0.1% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | 0.2% | No billing data | Verified |
| 2022 | base year | — | 0.2% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +88.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.4% | +16.6% | +10.3% | +88.0% | 2024 | -21.4% | 2026 |
| Assessment Ratio | 0.1% | 0.1% | — | 0.2% | 2022 | 0.1% | 2024 |
| 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 |
$50 | $47 | ~$50,916 | $50 | 2025 | $42 | 2023 |
Market value changed by 88% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,795,145 | ~$2,795,145 | ~1.5801% | ~$44,167 | +10.3% |
| 2028 | ~$3,082,125 | ~$3,082,125 | ~1.5363% | ~$47,351 | +21.6% |
| 2029 | ~$3,398,571 | ~$3,398,571 | ~1.4925% | ~$50,723 | +34.1% |
| 2030 | ~$3,747,506 | ~$3,747,506 | ~1.4487% | ~$54,288 | +47.8% |
| 2031 | ~$4,132,266 | ~$4,132,266 | ~1.4048% | ~$58,051 | +63.0% |
| 2027 | ~$2,744,447 | ~$2,744,447 | ~1.6240% | ~$44,569 | +8.3% |
| 2028 | ~$2,971,333 | ~$2,971,333 | ~1.6240% | ~$48,253 | +17.2% |
| 2029 | ~$3,216,977 | ~$3,216,977 | ~1.6240% | ~$52,243 | +26.9% |
| 2030 | ~$3,482,928 | ~$3,482,928 | ~1.6240% | ~$56,562 | +37.4% |
| 2031 | ~$3,770,866 | ~$3,770,866 | ~1.6240% | ~$61,238 | +48.8% |
| 2027 | ~$2,845,842 | ~$2,845,842 | ~1.5582% | ~$44,345 | +12.3% |
| 2028 | ~$3,194,945 | ~$3,194,945 | ~1.4925% | ~$47,684 | +26.0% |
| 2029 | ~$3,586,873 | ~$3,586,873 | ~1.4267% | ~$51,175 | +41.5% |
| 2030 | ~$4,026,878 | ~$4,026,878 | ~1.3610% | ~$54,806 | +58.9% |
| 2031 | ~$4,520,860 | ~$4,520,860 | ~1.2953% | ~$58,557 | +78.3% |
In 2025, this property's market value of $3,223,757 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 6× 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 | $3,223,757 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $3,223,757 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $1,714,645 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $1,714,645 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 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 | 2022–2024 | 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 | 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 | — |