7321 BLUE HERON CV TX
| Owner | DRAGON COVE LLC |
|---|---|
| Parcel ID | 0166500709 |
| Short ID | 169111 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | — |
| Acres | — |
| Year Built | — |
| Legal | ABS 170 SUR 152 COLEMAN J ACR .461 * & PT ADJ (LOT 5 R L LEISSNER SUBD UNRECORDED) |
| Neighborhood | T9020WF |
| Land | $756,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $756,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $730,724 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $730,724 |
| Value Limitation Adjustment (−) (homestead cap) | −$348,324 |
| Net Appraised (assessed) | $382,400 |
| Taxable Value | $382,400 |
|---|
Appreciation: Market value has risen +258.0% from $204,120 (2021) to $730,724 (2025), a CAGR of 37.6% 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 1.8620% in 2025 (+0.0423% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,120. Leander ISD is the largest single contributor, at 58.4% of the total 2025 levy.
Assessment Gap: Assessed value ($382,400) is $348,324 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 103% of market value ($756,000 land vs $0 improvements). 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 $730,724, this parcel sits in the top quartile (≥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 +29.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,664,054 by 2031, with an estimated annual tax burden around $11,586. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 613 | TERRACE COVERED | 1,853 SF | ✗ |
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% | $4,156.31 | $4,156.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,437.23 | $1,437.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $451.32 | $451.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $395.40 | $395.40 | Paid |
| E14 Travis County ESD # 14 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $382.40 | $382.40 | Paid |
| VVO Village of Volente | 0.0864% | 0.0700% | 0.0723% | 0.0791% | 0.0778% | -0.0013% | $297.51 | $297.51 | Paid |
| Combined Rate | 2.0974% | 1.9602% | 1.7849% | 1.8197% | 1.8620% | +0.0423% | $7,120.17 | $7,120.17 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $4,156.31 | 58.4% |
| TCO Travis County | 0.3758% | $1,437.23 | 20.2% |
| THD Travis Central Health | 0.1180% | $451.32 | 6.3% |
| ACT Austin Community College | 0.1034% | $395.40 | 5.6% |
| E14 Travis County ESD # 14 | 0.1000% | $382.40 | 5.4% |
| VVO Village of Volente | 0.0778% | $297.51 | 4.2% |
| Total | 1.8620% | $7,120.17 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $737,419 | $730,724 | +0.9% |
| Assessed Value | $458,880 | $382,400 | +20.0% |
| Land Value | $680,400 | $756,000 | -10.0% |
| Improvement Value | $57,019 | — | — |
| Taxable Value | $458,880 | $382,400 | +20.0% |
| HS Cap Loss | -$278,539 | — | |
| Total Tax 2026 = estimate |
~$8,544
Estimated
|
~$7,120
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $737,419 | $680,400 | $57,019 | −$278,539 | $458,880 | $458,880 | Not yet — post-cert | Preliminary |
| 2025 | $730,724 | $756,000 | — | −$348,324 | $382,400 | $382,400 | ~$7,120 | Partial |
| 2024 | $815,640 | $756,000 | $59,640 | −$496,973 | $318,667 | $318,667 | $5,799 | Verified |
| 2023 | $265,556 | $204,120 | $61,436 | — | $265,556 | $265,556 | $4,740 | Verified |
| 2022 | $204,120 | $204,120 | — | — | $204,120 | $204,120 | $4,001 | Verified |
| 2021 | $204,120 | $204,120 | — | — | $204,120 | $204,120 | $4,281 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +20.0% | 62.2% | Not available | Partial |
| 2025 | -10.4% | +20.0% | 52.3% | Not available | Partial |
| 2024 | +207.1% ! | +20.0% | 39.1% | No billing data | Verified |
| 2023 | +30.1% | +30.1% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +258.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +45.5% | +29.3% | +207.1% | 2024 | -10.4% | 2025 |
| Assessment Ratio | 62.2% | 75.6% | — | 100.0% | 2021 | 39.1% | 2024 |
| Effective Tax Rate (2025) | 0.9700% | 0.9700% | — | 0.9700% | 2025 | 0.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,120 | $5,188 | ~$10,319 | $7,120 | 2025 | $4,001 | 2022 |
Market value changed by 207% 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 | ~$953,411 | ~$504,768 | ~1.8031% | ~$9,102 | +29.3% |
| 2028 | ~$1,232,667 | ~$555,245 | ~1.7443% | ~$9,685 | +67.2% |
| 2029 | ~$1,593,718 | ~$610,769 | ~1.6854% | ~$10,294 | +116.1% |
| 2030 | ~$2,060,522 | ~$671,846 | ~1.6266% | ~$10,928 | +179.4% |
| 2031 | ~$2,664,054 | ~$739,031 | ~1.5677% | ~$11,586 | +261.3% |
| 2027 | ~$938,662 | ~$504,768 | ~1.8620% | ~$9,399 | +27.3% |
| 2028 | ~$1,194,826 | ~$555,245 | ~1.8620% | ~$10,338 | +62.0% |
| 2029 | ~$1,520,897 | ~$610,769 | ~1.8620% | ~$11,372 | +106.2% |
| 2030 | ~$1,935,953 | ~$671,846 | ~1.8620% | ~$12,510 | +162.5% |
| 2031 | ~$2,464,279 | ~$739,031 | ~1.8620% | ~$13,761 | +234.2% |
| 2027 | ~$968,159 | ~$504,768 | ~1.7737% | ~$8,953 | +31.3% |
| 2028 | ~$1,271,099 | ~$555,245 | ~1.6854% | ~$9,358 | +72.4% |
| 2029 | ~$1,668,828 | ~$610,769 | ~1.5971% | ~$9,755 | +126.3% |
| 2030 | ~$2,191,009 | ~$671,846 | ~1.5089% | ~$10,137 | +197.1% |
| 2031 | ~$2,876,581 | ~$739,031 | ~1.4206% | ~$10,498 | +290.1% |
In 2025, this property's market value of $730,724 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 9× 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 | $730,724 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $815,640 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $265,556 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $204,120 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $204,120 | $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 | — |