12507 CEDAR ST TX
| Owner | JAMES DRAIONNA |
|---|---|
| Parcel ID | 0152400447 |
| Short ID | 913728 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 15,764 SF |
| Acres | 0.362 |
| Year Built | — |
| Legal | LOT 163 HUGHES PARK LAKE SUBD 2 |
| Neighborhood | TW0030 |
| Land | $293,540 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $293,540 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $293,540 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $293,540 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $293,540 |
| Taxable Value | $293,540 |
|---|
Appreciation: Market value has risen +226.2% from $90,000 (2021) to $293,540 (2025), a CAGR of 34.4% over 4 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8306% in 2025 (+0.0491% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,373. Leander ISD is the largest single contributor, at 59.4% of the total 2025 levy.
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 100% of market value ($293,540 land vs $0 improvements), about $19/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 $293,540, this parcel sits in the upper-middle (50th–75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, 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 +26.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $957,397 by 2031, with an estimated annual tax burden around $14,687. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $3,190.49 | $3,190.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,103.26 | $1,103.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $346.44 | $346.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $303.52 | $303.52 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $265.36 | $265.36 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $164.38 | $164.38 | Paid |
| Combined Rate | 2.0678% | 1.9312% | 1.7490% | 1.7815% | 1.8306% | +0.0491% | $5,373.45 | $5,373.45 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $3,190.49 | 59.4% |
| TCO Travis County | 0.3758% | $1,103.26 | 20.5% |
| THD Travis Central Health | 0.1180% | $346.44 | 6.4% |
| ACT Austin Community College | 0.1034% | $303.52 | 5.6% |
| E06 Travis County ESD # 06 | 0.0904% | $265.36 | 4.9% |
| W17 WCID # 17 | 0.0560% | $164.38 | 3.1% |
| Total | 1.8306% | $5,373.45 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $293,540 | $293,540 | +0.0% |
| Assessed Value | $293,540 | $293,540 | +0.0% |
| Land Value | $293,540 | $293,540 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $293,540 | $293,540 | +0.0% |
| Total Tax 2026 = estimate |
~$5,373
Estimated
|
~$5,373
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $293,540 | $293,540 | — | — | $293,540 | $293,540 | Not yet — post-cert | Preliminary |
| 2025 | $293,540 | $293,540 | — | — | $293,540 | $293,540 | ~$5,373 | Partial |
| 2024 | $275,000 | $275,000 | — | — | $275,000 | $275,000 | $4,899 | Verified |
| 2023 | $150,000 | $150,000 | — | — | $150,000 | $150,000 | $2,624 | Verified |
| 2022 | $150,000 | $150,000 | — | — | $150,000 | $150,000 | $2,897 | Verified |
| 2021 | $90,000 | $90,000 | — | — | $90,000 | $90,000 | $1,861 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2024 | +83.3% ! | +83.3% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +66.7% | +66.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +226.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +31.3% | +26.7% | +83.3% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,373 | $3,531 | ~$10,248 | $5,373 | 2025 | $1,861 | 2021 |
Market value changed by 83% 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 | ~$371,837 | ~$371,837 | ~1.7713% | ~$6,586 | +26.7% |
| 2028 | ~$471,018 | ~$471,018 | ~1.7120% | ~$8,064 | +60.5% |
| 2029 | ~$596,653 | ~$596,653 | ~1.6527% | ~$9,861 | +103.3% |
| 2030 | ~$755,800 | ~$755,800 | ~1.5934% | ~$12,043 | +157.5% |
| 2031 | ~$957,397 | ~$957,397 | ~1.5341% | ~$14,687 | +226.2% |
| 2027 | ~$365,966 | ~$365,966 | ~1.8306% | ~$6,699 | +24.7% |
| 2028 | ~$456,262 | ~$456,262 | ~1.8306% | ~$8,352 | +55.4% |
| 2029 | ~$568,836 | ~$568,836 | ~1.8306% | ~$10,413 | +93.8% |
| 2030 | ~$709,187 | ~$709,187 | ~1.8306% | ~$12,982 | +141.6% |
| 2031 | ~$884,166 | ~$884,166 | ~1.8306% | ~$16,185 | +201.2% |
| 2027 | ~$377,707 | ~$377,707 | ~1.7416% | ~$6,578 | +28.7% |
| 2028 | ~$486,009 | ~$486,009 | ~1.6527% | ~$8,032 | +65.6% |
| 2029 | ~$625,363 | ~$625,363 | ~1.5637% | ~$9,779 | +113.0% |
| 2030 | ~$804,675 | ~$804,675 | ~1.4747% | ~$11,867 | +174.1% |
| 2031 | ~$1,035,402 | ~$1,035,402 | ~1.3858% | ~$14,349 | +252.7% |
In 2025, this property's market value of $293,540 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 3× the county median of $84,423. 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 | $293,540 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $275,000 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $150,000 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $150,000 | $15,000 | $55,000 | $180,000 | ↑ Above median | +100.0% |
| 2021 | $90,000 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |