REED PARK RD TX 78745
| Owner | AUSTERRA STABLE INCOME FUND LP ETAL |
|---|---|
| Parcel ID | 0176600136 |
| Short ID | 543548 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 520,978 SF |
| Acres | 11.960 |
| Year Built | — |
| Legal | ABS 483 SUR 645 LEVITT L ACR 11.960 (1-d-1w) |
| Neighborhood | S05AC |
| Land | $940,109 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $940,109 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $940,109 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $940,109 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $940,109 |
| Taxable Value | $940,109 |
|---|
| Total Due | $10,518.85 |
|---|---|
| First Delinquent | 2024 |
| Cause # | GN25007754 |
Appreciation: Market value has risen +555.0% from $143,520 (2021) to $940,109 (2025), a CAGR of 60.0% 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 outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7107% in 2025 (+0.0504% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,083. Lago Vista ISD is the largest single contributor, at 59.4% of the total 2025 levy.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 100% of market value ($940,109 land vs $0 improvements), about $2/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 $940,109, 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 -11.8% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $250,144 by 2031, with an estimated annual tax burden around $3,778. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $10,518.85 in unpaid taxes since 2024. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Travis County | 0.3444% | 0.3758% | +295 |
| Travis Central Health | 0.1080% | 0.1180% | +95 |
| Travis County ESD # 07 | 0.0910% | 0.1000% | +84 |
| Lago Vista ISD | 1.0169% | 1.0169% | +0 |
| Travis County ESD # 01 | 0.1000% | 0.1000% | +0 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $9,559.97 | $7,204.93 | $2,355.04 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,533.35 | $2,662.92 | $870.43 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,109.54 | $836.21 | $273.33 |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $940.11 | $708.51 | $231.60 |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $939.80 | $708.28 | $231.52 |
| Combined Rate | 1.8712% | 1.7799% | 1.6087% | 1.6603% | 1.7107% | +0.0504% | $16,082.77 | $12,120.85 | $3,961.92 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $9,559.97 | 59.4% |
| TCO Travis County | 0.3758% | $3,533.35 | 22.0% |
| THD Travis Central Health | 0.1180% | $1,109.54 | 6.9% |
| E01 Travis County ESD # 01 | 0.1000% | $940.11 | 5.8% |
| E07 Travis County ESD # 07 | 0.1000% | $939.80 | 5.8% |
| Total | 1.7107% | $16,082.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $468,171 | $940,109 | -50.2% |
| Assessed Value | $468,171 | $940,109 | -50.2% |
| Land Value | $468,171 | $940,109 | -50.2% |
| Improvement Value | — | — | — |
| Taxable Value | $468,171 | $940,109 | -50.2% |
| Total Tax 2026 = estimate |
~$8,009
Estimated
|
$16,083 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $468,171 | $468,171 | — | — | $468,171 | $468,171 | Not yet — post-cert | Preliminary |
| 2025 | $940,109 | $940,109 | — | — | $940,109 | $940,109 | $16,083 | Verified |
| 2024 | $940,109 | $940,109 | — | −$99,018 | $841,091 | $841,091 | $13,965 | Verified |
| 2023 | $700,909 | $700,909 | — | — | $700,909 | $700,909 | $11,276 | Verified |
| 2022 | $772,994 | $772,994 | — | — | $772,994 | $772,994 | $13,759 | Verified |
| 2021 | $143,520 | — | — | −$142,492 | $1,028 | $1,028 | $19 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -50.2% | -50.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +11.8% | ~100% | 1.7100% | Verified |
| 2024 | +34.1% | +20.0% | 89.5% | No billing data | Verified |
| 2023 | -9.3% | -9.3% | ~100% | No billing data | Verified |
| 2022 | +438.6% ! | +75094.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | 0.7% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +555.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -50.2% | +82.6% | -11.8% | +438.6% | 2022 | -50.2% | 2026 |
| Assessment Ratio | 100.0% | 81.7% | — | 100.0% | 2022 | 0.7% | 2021 |
| Effective Tax Rate (2025) | 1.7100% | 1.7100% | — | 1.7100% | 2025 | 1.7100% | 2025 |
| Tax Amount | $16,083 | $11,020 | ~$5,225 | $16,083 | 2025 | $19 | 2021 |
Market value changed by 439% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$413,011 | ~$413,011 | ~1.6706% | ~$6,900 | -11.8% |
| 2028 | ~$364,350 | ~$364,350 | ~1.6305% | ~$5,941 | -22.2% |
| 2029 | ~$321,422 | ~$321,422 | ~1.5904% | ~$5,112 | -31.3% |
| 2030 | ~$283,552 | ~$283,552 | ~1.5503% | ~$4,396 | -39.4% |
| 2031 | ~$250,144 | ~$250,144 | ~1.5102% | ~$3,778 | -46.6% |
| 2027 | ~$444,762 | ~$444,762 | ~1.7107% | ~$7,609 | -5.0% |
| 2028 | ~$422,524 | ~$422,524 | ~1.7107% | ~$7,228 | -9.8% |
| 2029 | ~$401,398 | ~$401,398 | ~1.7107% | ~$6,867 | -14.3% |
| 2030 | ~$381,328 | ~$381,328 | ~1.7107% | ~$6,524 | -18.5% |
| 2031 | ~$362,262 | ~$362,262 | ~1.7107% | ~$6,197 | -22.6% |
| 2027 | ~$422,374 | ~$422,374 | ~1.6506% | ~$6,972 | -9.8% |
| 2028 | ~$381,058 | ~$381,058 | ~1.5904% | ~$6,060 | -18.6% |
| 2029 | ~$343,783 | ~$343,783 | ~1.5302% | ~$5,261 | -26.6% |
| 2030 | ~$310,154 | ~$310,154 | ~1.4701% | ~$4,559 | -33.8% |
| 2031 | ~$279,814 | ~$279,814 | ~1.4099% | ~$3,945 | -40.2% |
In 2025, this property's market value of $940,109 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +67% 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 | $940,109 | $179,824 | $561,432 | $1,355,511 | ↑ Above median | +0.0% |
| 2024 | $940,109 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $700,909 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $772,994 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $143,520 | $105,498 | $286,444 | $607,111 | ↓ Below 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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |