KENNAN RD TX 78746
| Owner | TILCAJETE PARTNERS LTD |
|---|---|
| Parcel ID | 0119150113 |
| Short ID | 119929 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 149,062 SF |
| Acres | 3.422 |
| Year Built | — |
| Legal | LOT 2 EL OJO DE AGUA SUBD (1-D-1W) |
| Neighborhood | M5700 |
| Land | $913,137 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $913,137 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $913,137 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $913,137 |
| Value Limitation Adjustment (−) (homestead cap) | −$912,740 |
| Net Appraised (assessed) | $397 |
| Taxable Value | $397 |
|---|
Appreciation: Market value has risen +87.1% from $488,070 (2021) to $913,137 (2025), a CAGR of 17.0% over 4 years. This is strong appreciation — well above typical inflation. 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 Agricultural parcel countywide rose +96.0%, so this parcel has lagged the broader agricultural market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.6379% in 2025 (-0.0111% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $7. Eanes ISD is the largest single contributor, at 50.8% of the total 2025 levy.
Assessment Gap: Assessed value ($397) is $912,740 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 ($913,137 land vs $0 improvements), about $6/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 $913,137, this parcel sits in the upper-middle (50th–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 +6.1% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,480,849 by 2031, with an estimated annual tax burden around $21,871. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $3.30 | $3.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1.49 | $1.49 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $0.70 | $0.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $0.47 | $0.47 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $0.30 | $0.30 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $0.24 | $0.24 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $6.50 | $6.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $3.30 | 50.8% |
| TCO Travis County | 0.3758% | $1.49 | 22.9% |
| CWH City of West Lake Hills | 0.1768% | $0.70 | 10.8% |
| THD Travis Central Health | 0.1180% | $0.47 | 7.2% |
| E09 Travis County ESD # 09 | 0.0758% | $0.30 | 4.6% |
| W10 WCID # 10 | 0.0592% | $0.24 | 3.7% |
| Total | 1.6379% | $6.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,100,368 | $913,137 | +20.5% |
| Assessed Value | $367 | $397 | -7.6% |
| Land Value | $1,100,368 | $913,137 | +20.5% |
| Improvement Value | — | — | — |
| Taxable Value | $367 | $397 | -7.6% |
| HS Cap Loss | -$1,100,001 | — | |
| Total Tax 2026 = estimate |
~$6
Estimated
|
~$6
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,100,368 | $1,100,368 | — | −$1,100,001 | $367 | $367 | Not yet — post-cert | Preliminary |
| 2025 | $913,137 | $913,137 | — | −$912,740 | $397 | $397 | ~$6 | Partial |
| 2024 | $867,680 | $867,680 | — | −$867,302 | $378 | $378 | $6 | Verified |
| 2023 | $867,680 | $867,680 | — | −$867,306 | $374 | $374 | $6 | Verified |
| 2022 | $867,680 | $867,680 | — | −$867,333 | $347 | $347 | $6 | Verified |
| 2021 | $488,070 | — | — | −$487,752 | $318 | $318 | $6 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.5% | -7.6% | 0.0% | Not available | Partial |
| 2025 | +5.2% | +5.0% | 0.0% | Not available | Partial |
| 2024 | +0.0% | +1.1% | 0.0% | No billing data | Verified |
| 2023 | +0.0% | +7.8% | 0.0% | No billing data | Verified |
| 2022 | +77.8% ! | +9.1% | 0.0% | No billing data | Verified |
| 2021 | base year | — | 0.1% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +87.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.5% | +20.7% | +6.1% | +77.8% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 0.0% | 0.0% | — | 0.1% | 2021 | 0.0% | 2022 |
| 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 |
$6 | $6 | ~$20,289 | $6 | 2025 | $6 | 2021 |
Market value changed by 78% 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 | ~$1,167,703 | ~$1,167,703 | ~1.6057% | ~$18,749 | +6.1% |
| 2028 | ~$1,239,159 | ~$1,239,159 | ~1.5735% | ~$19,498 | +12.6% |
| 2029 | ~$1,314,988 | ~$1,314,988 | ~1.5413% | ~$20,268 | +19.5% |
| 2030 | ~$1,395,457 | ~$1,395,457 | ~1.5091% | ~$21,059 | +26.8% |
| 2031 | ~$1,480,849 | ~$1,480,849 | ~1.4769% | ~$21,871 | +34.6% |
| 2027 | ~$1,145,696 | ~$1,145,696 | ~1.6379% | ~$18,765 | +4.1% |
| 2028 | ~$1,192,891 | ~$1,192,891 | ~1.6379% | ~$19,538 | +8.4% |
| 2029 | ~$1,242,031 | ~$1,242,031 | ~1.6379% | ~$20,343 | +12.9% |
| 2030 | ~$1,293,194 | ~$1,293,194 | ~1.6379% | ~$21,181 | +17.5% |
| 2031 | ~$1,346,466 | ~$1,346,466 | ~1.6379% | ~$22,053 | +22.4% |
| 2027 | ~$1,189,711 | ~$1,189,711 | ~1.5896% | ~$18,911 | +8.1% |
| 2028 | ~$1,286,308 | ~$1,286,308 | ~1.5413% | ~$19,826 | +16.9% |
| 2029 | ~$1,390,747 | ~$1,390,747 | ~1.4930% | ~$20,764 | +26.4% |
| 2030 | ~$1,503,667 | ~$1,503,667 | ~1.4448% | ~$21,724 | +36.7% |
| 2031 | ~$1,625,755 | ~$1,625,755 | ~1.3965% | ~$22,703 | +47.7% |
In 2025, this property's market value of $913,137 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +63% above 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 | $913,137 | $179,824 | $561,432 | $1,355,511 | ↑ Above median | +0.0% |
| 2024 | $867,680 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $867,680 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $867,680 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $488,070 | $105,498 | $286,444 | $607,111 | ↑ Above median | 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 | — |