4120 E 12 ST TX 78721
| Owner | 4120 E 12TH STREET PARTNERS LP |
|---|---|
| Parcel ID | 0210180549 |
| Short ID | 859192 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 149,741 SF |
| Acres | 3.438 |
| Year Built | — |
| Legal | 3.4376 AC OF OLT 18&1/2 DIVISION B |
| Neighborhood | 1EA1 |
| Land | $4,791,712 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,791,712 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,791,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,791,712 |
| Value Limitation Adjustment (−) (homestead cap) | −$4,072,955 |
| Net Appraised (assessed) | $718,757 |
| Taxable Value | $718,757 |
|---|
Appreciation: Market value has risen +700.0% from $598,964 (2021) to $4,791,712 (2025), a CAGR of 68.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $14,709. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($718,757) is $4,072,955 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 ($4,791,712 land vs $0 improvements), about $32/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 $4,791,712, 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 +51.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $38,174,118 by 2031, with an estimated annual tax burden around $719,102. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $6,649.94 | $6,649.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,766.41 | $3,766.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,701.41 | $2,701.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $848.30 | $848.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $743.19 | $743.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,709.25 | $14,709.25 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,649.94 | 45.2% |
| CAT City of Austin | 0.5240% | $3,766.41 | 25.6% |
| TCO Travis County | 0.3758% | $2,701.41 | 18.4% |
| THD Travis Central Health | 0.1180% | $848.30 | 5.8% |
| ACT Austin Community College | 0.1034% | $743.19 | 5.1% |
| Total | 2.0465% | $14,709.25 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,781,728 | $4,791,712 | -0.2% |
| Assessed Value | $862,508 | $718,757 | +20.0% |
| Land Value | $4,781,728 | $4,791,712 | -0.2% |
| Improvement Value | — | — | — |
| Taxable Value | $862,508 | $718,757 | +20.0% |
| HS Cap Loss | -$3,919,220 | — | |
| Total Tax 2026 = estimate |
~$17,651
Estimated
|
~$14,709
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,781,728 | $4,781,728 | — | −$3,919,220 | $862,508 | $862,508 | Not yet — post-cert | Preliminary |
| 2025 | $4,791,712 | $4,791,712 | — | −$4,072,955 | $718,757 | $718,757 | ~$14,709 | Partial |
| 2024 | $598,964 | $4,791,712 | — | — | $598,964 | $598,964 | $11,870 | Verified |
| 2023 | $598,964 | $598,964 | — | — | $598,964 | $598,964 | $10,837 | Verified |
| 2022 | $598,964 | $598,964 | — | — | $598,964 | $598,964 | $11,829 | Verified |
| 2021 | $598,964 | $598,964 | — | — | $598,964 | $598,964 | $13,038 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | +20.0% | 18.0% | Not available | Partial |
| 2025 | +700.0% ! | +20.0% | 15.0% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 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): +700.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | +140.0% | +51.5% | +700.0% | 2025 | -0.2% | 2026 |
| Assessment Ratio | 18.0% | 72.2% | — | 100.0% | 2021 | 15.0% | 2025 |
| Effective Tax Rate (2025) | 0.3100% | 0.3100% | — | 0.3100% | 2025 | 0.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,709 | $12,457 | ~$377,883 | $14,709 | 2025 | $10,837 | 2023 |
Market value changed by 700% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,244,722 | ~$7,244,722 | ~2.0139% | ~$145,904 | +51.5% |
| 2028 | ~$10,976,365 | ~$10,976,365 | ~1.9814% | ~$217,484 | +129.5% |
| 2029 | ~$16,630,119 | ~$16,630,119 | ~1.9488% | ~$324,094 | +247.8% |
| 2030 | ~$25,196,034 | ~$25,196,034 | ~1.9163% | ~$482,829 | +426.9% |
| 2031 | ~$38,174,118 | ~$38,174,118 | ~1.8837% | ~$719,102 | +698.3% |
| 2027 | ~$7,149,087 | ~$7,149,087 | ~2.0465% | ~$146,305 | +49.5% |
| 2028 | ~$10,688,489 | ~$10,688,489 | ~2.0465% | ~$218,738 | +123.5% |
| 2029 | ~$15,980,193 | ~$15,980,193 | ~2.0465% | ~$327,032 | +234.2% |
| 2030 | ~$23,891,737 | ~$23,891,737 | ~2.0465% | ~$488,941 | +399.6% |
| 2031 | ~$35,720,163 | ~$35,720,163 | ~2.0465% | ~$731,008 | +647.0% |
| 2027 | ~$7,340,356 | ~$7,340,356 | ~1.9977% | ~$146,636 | +53.5% |
| 2028 | ~$11,268,066 | ~$11,268,066 | ~1.9488% | ~$219,597 | +135.6% |
| 2029 | ~$17,297,433 | ~$17,297,433 | ~1.9000% | ~$328,654 | +261.7% |
| 2030 | ~$26,553,019 | ~$26,553,019 | ~1.8512% | ~$491,548 | +455.3% |
| 2031 | ~$40,761,126 | ~$40,761,126 | ~1.8024% | ~$734,667 | +752.4% |
In 2025, this property's market value of $4,791,712 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 57× 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 | $4,791,712 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $598,964 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $598,964 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $598,964 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $598,964 | $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 | — |