F M RD 969 TX 78724
| Owner | LIT LOVETT PARK 130 AUSTIN LLC |
|---|---|
| Parcel ID | 0202500102 |
| Short ID | 190405 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 4,144,081 SF |
| Acres | 95.135 |
| Year Built | — |
| Legal | ABS 9 SUR 16 DUTY J ACR 95.135 (1-D-1) |
| Neighborhood | _RGN405 |
| Land | $5,128,054 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,128,054 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $5,128,054 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,128,054 |
| Value Limitation Adjustment (−) (homestead cap) | −$5,117,779 |
| Net Appraised (assessed) | $10,275 |
| Taxable Value | $10,275 |
|---|
Appreciation: Market value has risen +709.6% from $633,376 (2021) to $5,128,054 (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 $169. Del Valle ISD is the largest single contributor, at 57.6% of the total 2025 levy.
Assessment Gap: Assessed value ($10,275) is $5,117,779 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 ($5,128,054 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 $5,128,054, 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 $92,158,480 by 2031, with an estimated annual tax burden around $1,252,346. 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% | $97.50 | $97.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $38.62 | $38.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12.13 | $12.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10.62 | $10.62 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $10.28 | $10.28 | Paid |
| Combined Rate | 1.8760% | 1.8002% | 1.6049% | 1.6506% | 1.6462% | -0.0044% | $169.15 | $169.15 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $97.50 | 57.6% |
| TCO Travis County | 0.3758% | $38.62 | 22.8% |
| THD Travis Central Health | 0.1180% | $12.13 | 7.2% |
| ACT Austin Community College | 0.1034% | $10.62 | 6.3% |
| E12 Travis County ESD # 12 | 0.1000% | $10.28 | 6.1% |
| Total | 1.6462% | $169.15 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,849,720 | $5,128,054 | +33.6% |
| Assessed Value | $10,887 | $10,275 | +6.0% |
| Land Value | $6,849,720 | $5,128,054 | +33.6% |
| Improvement Value | — | — | — |
| Taxable Value | $10,887 | $10,275 | +6.0% |
| HS Cap Loss | -$6,838,833 | — | |
| Total Tax 2026 = estimate |
~$179
Estimated
|
~$169
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,849,720 | $6,849,720 | — | −$6,838,833 | $10,887 | $10,887 | Not yet — post-cert | Preliminary |
| 2025 | $5,128,054 | $5,128,054 | — | −$5,117,779 | $10,275 | $10,275 | ~$169 | Partial |
| 2024 | $2,848,919 | $2,848,919 | — | −$2,840,354 | $8,565 | $8,565 | $141 | Verified |
| 2023 | $951,350 | $951,350 | — | −$942,012 | $9,338 | $9,338 | $150 | Verified |
| 2022 | $856,215 | $856,215 | — | −$847,520 | $8,695 | $8,695 | $157 | Verified |
| 2021 | $633,376 | — | — | −$625,042 | $8,334 | $8,334 | $156 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.6% | +6.0% | 0.2% | Not available | Partial |
| 2025 | +80.0% ! | +20.0% | 0.2% | Not available | Partial |
| 2024 | +199.5% ! | -8.3% | 0.3% | No billing data | Verified |
| 2023 | +11.1% | +7.4% | 1.0% | 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% | +71.9% | +68.2% | +199.5% | 2024 | +11.1% | 2023 |
| Assessment Ratio | 0.2% | 0.7% | — | 1.3% | 2021 | 0.2% | 2025 |
| 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 |
$169 | $155 | ~$597,674 | $169 | 2025 | $141 | 2024 |
Market value changed by 199% 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 | ~$11,519,810 | ~$11,519,810 | ~1.5887% | ~$183,017 | +68.2% |
| 2028 | ~$19,373,934 | ~$19,373,934 | ~1.5313% | ~$296,666 | +182.8% |
| 2029 | ~$32,582,943 | ~$32,582,943 | ~1.4738% | ~$480,211 | +375.7% |
| 2030 | ~$54,797,760 | ~$54,797,760 | ~1.4164% | ~$776,132 | +700.0% |
| 2031 | ~$92,158,480 | ~$92,158,480 | ~1.3589% | ~$1,252,346 | +1245.4% |
| 2027 | ~$11,382,816 | ~$11,382,816 | ~1.6462% | ~$187,380 | +66.2% |
| 2028 | ~$18,915,881 | ~$18,915,881 | ~1.6462% | ~$311,387 | +176.2% |
| 2029 | ~$31,434,276 | ~$31,434,276 | ~1.6462% | ~$517,461 | +358.9% |
| 2030 | ~$52,237,254 | ~$52,237,254 | ~1.6462% | ~$859,913 | +662.6% |
| 2031 | ~$86,807,495 | ~$86,807,495 | ~1.6462% | ~$1,428,997 | +1167.3% |
| 2027 | ~$11,656,804 | ~$11,656,804 | ~1.5600% | ~$181,845 | +70.2% |
| 2028 | ~$19,837,466 | ~$19,837,466 | ~1.4738% | ~$292,367 | +189.6% |
| 2029 | ~$33,759,258 | ~$33,759,258 | ~1.3876% | ~$468,454 | +392.9% |
| 2030 | ~$57,451,263 | ~$57,451,263 | ~1.3015% | ~$747,700 | +738.7% |
| 2031 | ~$97,770,147 | ~$97,770,147 | ~1.2153% | ~$1,188,174 | +1327.4% |
In 2025, this property's market value of $5,128,054 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 9× 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 | $5,128,054 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $2,848,919 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $951,350 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $856,215 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $633,376 | $105,498 | $286,444 | $607,111 | ↑ 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 | — |