F M RD 1431 TX 78654
| Owner | IGAU MICHAEL H & |
|---|---|
| Parcel ID | 0183960121 |
| Short ID | 182337 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 930,442 SF |
| Acres | 21.360 |
| Year Built | — |
| Legal | ABS 47 SUR 1 BRANDON W M ACR 21.36 *(TRT 18) (1-D-1) |
| Neighborhood | T9050WF |
| Land | $1,276,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,276,010 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,276,010 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,276,010 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,273,820 |
| Net Appraised (assessed) | $2,190 |
| Taxable Value | $2,190 |
|---|
Appreciation: Market value has risen +227.2% from $390,000 (2021) to $1,276,010 (2025), a CAGR of 34.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 4 taxing entities is 0.6938% in 2025 (+0.0504% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $15. Travis County is the largest single contributor, at 54.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,190) is $1,273,820 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 ($1,276,010 land vs $0 improvements), about $1/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 $1,276,010, 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 +33.2% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,470,060 by 2031, with an estimated annual tax burden around $32,393. 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8.23 | $8.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2.58 | $2.58 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2.19 | $2.19 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $2.19 | $2.19 | Paid |
| Combined Rate | 0.6692% | 0.5953% | 0.5895% | 0.6434% | 0.6938% | +0.0504% | $15.19 | $15.19 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $8.23 | 54.2% |
| THD Travis Central Health | 0.1180% | $2.58 | 17.0% |
| E01 Travis County ESD # 01 | 0.1000% | $2.19 | 14.4% |
| E07 Travis County ESD # 07 | 0.1000% | $2.19 | 14.4% |
| Total | 0.6938% | $15.19 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,064,394 | $1,276,010 | -16.6% |
| Assessed Value | $2,257 | $2,190 | +3.1% |
| Land Value | $1,064,394 | $1,276,010 | -16.6% |
| Improvement Value | — | — | — |
| Taxable Value | $2,257 | $2,190 | +3.1% |
| HS Cap Loss | -$1,062,137 | — | |
| Total Tax 2026 = estimate |
~$16
Estimated
|
~$15
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,064,394 | $1,064,394 | — | −$1,062,137 | $2,257 | $2,257 | Not yet — post-cert | Preliminary |
| 2025 | $1,276,010 | $1,276,010 | — | −$1,273,820 | $2,190 | $2,190 | ~$15 | Partial |
| 2024 | $1,276,010 | $1,276,010 | — | −$1,273,997 | $2,013 | $2,013 | $13 | Verified |
| 2023 | $987,650 | $987,650 | — | −$985,621 | $2,029 | $2,029 | $12 | Verified |
| 2022 | $337,702 | $337,702 | — | −$335,537 | $2,165 | $2,165 | $13 | Verified |
| 2021 | $390,000 | — | — | −$388,012 | $1,988 | $1,988 | $13 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.6% | +3.1% | 0.2% | Not available | Partial |
| 2025 | +0.0% | +8.8% | 0.2% | Not available | Partial |
| 2024 | +29.2% | -0.8% | 0.2% | No billing data | Verified |
| 2023 | +192.5% ! | -6.3% | 0.2% | No billing data | Verified |
| 2022 | -13.4% | +8.9% | 0.6% | No billing data | Verified |
| 2021 | base year | — | 0.5% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +227.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.6% | +38.3% | +33.2% | +192.5% | 2023 | -16.6% | 2026 |
| Assessment Ratio | 0.2% | 0.3% | — | 0.6% | 2022 | 0.2% | 2023 |
| 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 |
$15 | $13 | ~$19,541 | $15 | 2025 | $12 | 2023 |
Market value changed by 192% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,418,223 | ~$1,418,223 | ~0.7000% | ~$9,928 | +33.2% |
| 2028 | ~$1,889,674 | ~$1,889,674 | ~0.7062% | ~$13,344 | +77.5% |
| 2029 | ~$2,517,845 | ~$2,517,845 | ~0.7123% | ~$17,935 | +136.6% |
| 2030 | ~$3,354,835 | ~$3,354,835 | ~0.7185% | ~$24,104 | +215.2% |
| 2031 | ~$4,470,060 | ~$4,470,060 | ~0.7247% | ~$32,393 | +320.0% |
| 2027 | ~$1,396,935 | ~$1,396,935 | ~0.6938% | ~$9,692 | +31.2% |
| 2028 | ~$1,833,370 | ~$1,833,370 | ~0.6938% | ~$12,721 | +72.2% |
| 2029 | ~$2,406,158 | ~$2,406,158 | ~0.6938% | ~$16,695 | +126.1% |
| 2030 | ~$3,157,898 | ~$3,157,898 | ~0.6938% | ~$21,911 | +196.7% |
| 2031 | ~$4,144,498 | ~$4,144,498 | ~0.6938% | ~$28,756 | +289.4% |
| 2027 | ~$1,439,511 | ~$1,439,511 | ~0.7031% | ~$10,121 | +35.2% |
| 2028 | ~$1,946,828 | ~$1,946,828 | ~0.7123% | ~$13,868 | +82.9% |
| 2029 | ~$2,632,936 | ~$2,632,936 | ~0.7216% | ~$18,999 | +147.4% |
| 2030 | ~$3,560,844 | ~$3,560,844 | ~0.7308% | ~$26,023 | +234.5% |
| 2031 | ~$4,815,768 | ~$4,815,768 | ~0.7401% | ~$35,640 | +352.4% |
In 2025, this property's market value of $1,276,010 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +127% 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 | $1,276,010 | $179,824 | $561,432 | $1,355,511 | ↑ Above median | +0.0% |
| 2024 | $1,276,010 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $987,650 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $337,702 | $166,375 | $416,994 | $932,726 | ↓ Below median | +46.1% |
| 2021 | $390,000 | $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 | — |