STATE HY 130 TX 78724
| Owner | LIT LOVETT PARK 130 AUSTIN LLC |
|---|---|
| Parcel ID | 0203480203 |
| Short ID | 946053 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 43,691 SF |
| Acres | 1.003 |
| Year Built | — |
| Legal | LOT 3 BLK A ELM CREEK CENTRE |
| Neighborhood | 1FE1 |
| Land | $873,814 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $873,814 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $873,814 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $873,814 |
| Value Limitation Adjustment (−) (homestead cap) | −$559,241 |
| Net Appraised (assessed) | $314,573 |
| Taxable Value | $314,573 |
|---|
Appreciation: Market value has risen +300.0% from $218,453 (2021) to $873,814 (2025), a CAGR of 41.4% 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 outpaced the broader land/vacant 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 $5,178. Del Valle ISD is the largest single contributor, at 57.6% of the total 2025 levy.
Assessment Gap: Assessed value ($314,573) is $559,241 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 100% of market value ($873,814 land vs $0 improvements), about $20/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 $873,814, 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 +31.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,495,264 by 2031, with an estimated annual tax burden around $47,497. 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% | $2,984.98 | $2,984.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,182.31 | $1,182.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $371.27 | $371.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $325.27 | $325.27 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $314.57 | $314.57 | Paid |
| Combined Rate | 1.8760% | 1.8002% | 1.6049% | 1.6506% | 1.6462% | -0.0044% | $5,178.40 | $5,178.40 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $2,984.98 | 57.6% |
| TCO Travis County | 0.3758% | $1,182.31 | 22.8% |
| THD Travis Central Health | 0.1180% | $371.27 | 7.2% |
| ACT Austin Community College | 0.1034% | $325.27 | 6.3% |
| E12 Travis County ESD # 12 | 0.1000% | $314.57 | 6.1% |
| Total | 1.6462% | $5,178.40 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $873,814 | $873,814 | +0.0% |
| Assessed Value | $377,488 | $314,573 | +20.0% |
| Land Value | $873,814 | $873,814 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $377,488 | $314,573 | +20.0% |
| HS Cap Loss | -$496,326 | — | |
| Total Tax 2026 = estimate |
~$6,214
Estimated
|
~$5,178
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $873,814 | $873,814 | — | −$496,326 | $377,488 | $377,488 | Not yet — post-cert | Preliminary |
| 2025 | $873,814 | $873,814 | — | −$559,241 | $314,573 | $314,573 | ~$5,178 | Partial |
| 2024 | $873,814 | $873,814 | — | −$611,670 | $262,144 | $262,144 | $4,327 | Verified |
| 2023 | $218,453 | $218,453 | — | — | $218,453 | $218,453 | $3,506 | Verified |
| 2022 | $218,453 | $218,453 | — | — | $218,453 | $218,453 | $3,933 | Verified |
| 2021 | $218,453 | $218,453 | — | — | $218,453 | $218,453 | $4,098 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 43.2% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 36.0% | Not available | Partial |
| 2024 | +300.0% ! | +20.0% | 30.0% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~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): +300.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +60.0% | +32.0% | +300.0% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 43.2% | 68.2% | — | 100.0% | 2021 | 30.0% | 2024 |
| Effective Tax Rate (2025) | 0.5900% | 0.5900% | — | 0.5900% | 2025 | 0.5900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,178 | $4,208 | ~$31,243 | $5,178 | 2025 | $3,506 | 2023 |
Market value changed by 300% 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 | ~$1,153,005 | ~$1,153,005 | ~1.5887% | ~$18,318 | +32.0% |
| 2028 | ~$1,521,400 | ~$1,521,400 | ~1.5313% | ~$23,297 | +74.1% |
| 2029 | ~$2,007,500 | ~$2,007,500 | ~1.4738% | ~$29,587 | +129.7% |
| 2030 | ~$2,648,914 | ~$2,648,914 | ~1.4164% | ~$37,518 | +203.1% |
| 2031 | ~$3,495,264 | ~$3,495,264 | ~1.3589% | ~$47,497 | +300.0% |
| 2027 | ~$1,135,529 | ~$1,135,529 | ~1.6462% | ~$18,693 | +30.0% |
| 2028 | ~$1,475,629 | ~$1,475,629 | ~1.6462% | ~$24,291 | +68.9% |
| 2029 | ~$1,917,593 | ~$1,917,593 | ~1.6462% | ~$31,567 | +119.5% |
| 2030 | ~$2,491,928 | ~$2,491,928 | ~1.6462% | ~$41,021 | +185.2% |
| 2031 | ~$3,238,282 | ~$3,238,282 | ~1.6462% | ~$53,308 | +270.6% |
| 2027 | ~$1,170,481 | ~$1,170,481 | ~1.5600% | ~$18,259 | +34.0% |
| 2028 | ~$1,567,870 | ~$1,567,870 | ~1.4738% | ~$23,107 | +79.4% |
| 2029 | ~$2,100,175 | ~$2,100,175 | ~1.3876% | ~$29,143 | +140.3% |
| 2030 | ~$2,813,202 | ~$2,813,202 | ~1.3015% | ~$36,612 | +221.9% |
| 2031 | ~$3,768,308 | ~$3,768,308 | ~1.2153% | ~$45,795 | +331.2% |
In 2025, this property's market value of $873,814 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 10× 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 | $873,814 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $873,814 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $218,453 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $218,453 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $218,453 | $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 | — |