F M RD 969 TX 78724
| Owner | LIT LOVETT PARK 130 AUSTIN LLC |
|---|---|
| Parcel ID | 0202410308 |
| Short ID | 190366 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 1,811,007 SF |
| Acres | 41.575 |
| Year Built | — |
| Legal | ABS 15 SUR 17 HORNSBY R ACR 41.575 (1-D-1) |
| Neighborhood | _RGN405 |
| Land | $2,241,014 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,241,014 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,241,014 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,241,014 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,236,797 |
| Net Appraised (assessed) | $4,217 |
| Taxable Value | $4,217 |
|---|
Appreciation: Market value has risen +709.6% from $276,791 (2021) to $2,241,014 (2025), a CAGR of 68.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 1.6462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $69. Del Valle ISD is the largest single contributor, at 57.6% of the total 2025 levy.
Assessment Gap: Assessed value ($4,217) is $2,236,797 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 ($2,241,014 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 $2,241,014, this parcel sits in the top quartile (≥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 +68.2% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $40,274,229 by 2031, with an estimated annual tax burden around $547,288. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $40.02 | $40.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15.85 | $15.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4.98 | $4.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4.36 | $4.36 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $4.22 | $4.22 | Paid |
| Combined Rate | 1.8760% | 1.8002% | 1.6049% | 1.6506% | 1.6462% | -0.0044% | $69.43 | $69.43 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $40.02 | 57.6% |
| TCO Travis County | 0.3758% | $15.85 | 22.8% |
| THD Travis Central Health | 0.1180% | $4.98 | 7.2% |
| ACT Austin Community College | 0.1034% | $4.36 | 6.3% |
| E12 Travis County ESD # 12 | 0.1000% | $4.22 | 6.1% |
| Total | 1.6462% | $69.43 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,993,400 | $2,241,014 | +33.6% |
| Assessed Value | $4,409 | $4,217 | +4.6% |
| Land Value | $2,993,400 | $2,241,014 | +33.6% |
| Improvement Value | — | — | — |
| Taxable Value | $4,409 | $4,217 | +4.6% |
| HS Cap Loss | -$2,988,991 | — | |
| Total Tax 2026 = estimate |
~$73
Estimated
|
~$69
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,993,400 | $2,993,400 | — | −$2,988,991 | $4,409 | $4,409 | Not yet — post-cert | Preliminary |
| 2025 | $2,241,014 | $2,241,014 | — | −$2,236,797 | $4,217 | $4,217 | ~$69 | Partial |
| 2024 | $1,245,008 | $1,245,008 | — | −$1,241,240 | $3,768 | $3,768 | $62 | Verified |
| 2023 | $374,175 | $415,750 | — | −$370,218 | $3,957 | $3,957 | $64 | Verified |
| 2022 | $374,175 | $374,175 | — | −$370,375 | $3,800 | $3,800 | $68 | Verified |
| 2021 | $276,791 | — | — | −$273,149 | $3,642 | $3,642 | $68 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.6% | +4.6% | 0.2% | Not available | Partial |
| 2025 | +80.0% ! | +11.9% | 0.2% | Not available | Partial |
| 2024 | +232.7% ! | -4.8% | 0.3% | No billing data | Verified |
| 2023 | +0.0% | +4.1% | 1.1% | No billing data | Verified |
| 2022 | +35.2% | +4.3% | 1.0% | No billing data | Verified |
| 2021 | base year | — | 1.3% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +709.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +33.6% | +76.3% | +68.2% | +232.7% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 0.1% | 0.7% | — | 1.3% | 2021 | 0.1% | 2026 |
| 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 |
$69 | $66 | ~$261,190 | $69 | 2025 | $62 | 2024 |
Market value changed by 233% 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 | ~$5,034,279 | ~$5,034,279 | ~1.5887% | ~$79,980 | +68.2% |
| 2028 | ~$8,466,614 | ~$8,466,614 | ~1.5313% | ~$129,646 | +182.8% |
| 2029 | ~$14,239,090 | ~$14,239,090 | ~1.4738% | ~$209,857 | +375.7% |
| 2030 | ~$23,947,200 | ~$23,947,200 | ~1.4164% | ~$339,178 | +700.0% |
| 2031 | ~$40,274,229 | ~$40,274,229 | ~1.3589% | ~$547,288 | +1245.4% |
| 2027 | ~$4,974,411 | ~$4,974,411 | ~1.6462% | ~$81,887 | +66.2% |
| 2028 | ~$8,266,440 | ~$8,266,440 | ~1.6462% | ~$136,079 | +176.2% |
| 2029 | ~$13,737,111 | ~$13,737,111 | ~1.6462% | ~$226,136 | +358.9% |
| 2030 | ~$22,828,232 | ~$22,828,232 | ~1.6462% | ~$375,791 | +662.6% |
| 2031 | ~$37,935,792 | ~$37,935,792 | ~1.6462% | ~$624,487 | +1167.3% |
| 2027 | ~$5,094,147 | ~$5,094,147 | ~1.5600% | ~$79,468 | +70.2% |
| 2028 | ~$8,669,182 | ~$8,669,182 | ~1.4738% | ~$127,767 | +189.6% |
| 2029 | ~$14,753,152 | ~$14,753,152 | ~1.3876% | ~$204,719 | +392.9% |
| 2030 | ~$25,106,809 | ~$25,106,809 | ~1.3015% | ~$326,753 | +738.7% |
| 2031 | ~$42,726,587 | ~$42,726,587 | ~1.2153% | ~$519,244 | +1327.4% |
In 2025, this property's market value of $2,241,014 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 4× 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 | $2,241,014 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $1,245,008 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $374,175 | $150,007 | $423,072 | $1,000,412 | ↓ Below median | +0.0% |
| 2022 | $374,175 | $166,375 | $416,994 | $932,726 | ↓ Below median | +46.1% |
| 2021 | $276,791 | $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 | 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 | — |