E U S HY 290 TX 78723
| Owner | PROMISELAND NETWORK INC |
|---|---|
| Parcel ID | 0226220601 |
| Short ID | 226844 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 370,696 SF |
| Acres | 8.510 |
| Year Built | — |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR 8.51 |
| Neighborhood | 1EA3 |
| Land | $1,390,109 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,390,109 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $356,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $356,250 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $356,250 |
| Taxable Value | $356,250 |
|---|
Appreciation: Market value has risen +28.1% from $278,022 (2021) to $356,250 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged 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 $7,291. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 390% of market value ($1,390,109 land vs $0 improvements), about $4/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 $356,250, this parcel sits in the upper-middle (50th–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 +38.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,950,540 by 2031, with an estimated annual tax burden around $130,930. 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% | $3,296.03 | $3,296.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,866.81 | $1,866.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,338.95 | $1,338.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $420.46 | $420.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $368.36 | $368.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,290.61 | $7,290.61 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,296.03 | 45.2% |
| CAT City of Austin | 0.5240% | $1,866.81 | 25.6% |
| TCO Travis County | 0.3758% | $1,338.95 | 18.4% |
| THD Travis Central Health | 0.1180% | $420.46 | 5.8% |
| ACT Austin Community College | 0.1034% | $368.36 | 5.1% |
| Total | 2.0465% | $7,290.61 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,390,109 | $356,250 | +290.2% |
| Assessed Value | $427,500 | $356,250 | +20.0% |
| Land Value | $1,390,109 | $1,390,109 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $427,500 | $356,250 | +20.0% |
| HS Cap Loss | -$962,609 | — | |
| Total Tax 2026 = estimate |
~$8,749
Estimated
|
~$7,291
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,390,109 | $1,390,109 | — | −$962,609 | $427,500 | $427,500 | Not yet — post-cert | Preliminary |
| 2025 | $356,250 | $1,390,109 | — | — | $356,250 | $356,250 | ~$7,291 | Partial |
| 2024 | $356,250 | $1,390,109 | — | −$22,624 | $333,626 | $333,626 | $6,612 | Verified |
| 2023 | $1,390,109 | $1,390,109 | — | — | $1,390,109 | $1,390,109 | $5,030 | Verified |
| 2022 | $278,022 | $278,022 | — | — | $278,022 | $278,022 | $5,491 | Verified |
| 2021 | $278,022 | $278,022 | — | — | $278,022 | $278,022 | $6,052 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +290.2% ! | +20.0% | 30.8% | Not available | Partial |
| 2025 | +0.0% | +6.8% | ~100% | Not available | Partial |
| 2024 | -74.4% | -76.0% | 93.6% | No billing data | Verified |
| 2023 | +400.0% ! | +400.0% | ~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): +28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +290.2% | +123.2% | +38.0% | +400.0% | 2023 | -74.4% | 2024 |
| Assessment Ratio | 30.8% | 87.4% | — | 100.0% | 2021 | 30.8% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,291 | $6,095 | ~$77,936 | $7,291 | 2025 | $5,030 | 2023 |
Market value changed by 400% 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 | ~$1,917,974 | ~$1,917,974 | ~2.0139% | ~$38,627 | +38.0% |
| 2028 | ~$2,646,286 | ~$2,646,286 | ~1.9814% | ~$52,433 | +90.4% |
| 2029 | ~$3,651,158 | ~$3,651,158 | ~1.9488% | ~$71,155 | +162.7% |
| 2030 | ~$5,037,611 | ~$5,037,611 | ~1.9163% | ~$96,535 | +262.4% |
| 2031 | ~$6,950,540 | ~$6,950,540 | ~1.8837% | ~$130,930 | +400.0% |
| 2027 | ~$1,890,172 | ~$1,890,172 | ~2.0465% | ~$38,682 | +36.0% |
| 2028 | ~$2,570,123 | ~$2,570,123 | ~2.0465% | ~$52,597 | +84.9% |
| 2029 | ~$3,494,672 | ~$3,494,672 | ~2.0465% | ~$71,518 | +151.4% |
| 2030 | ~$4,751,808 | ~$4,751,808 | ~2.0465% | ~$97,245 | +241.8% |
| 2031 | ~$6,461,173 | ~$6,461,173 | ~2.0465% | ~$132,227 | +364.8% |
| 2027 | ~$1,945,777 | ~$1,945,777 | ~1.9977% | ~$38,870 | +40.0% |
| 2028 | ~$2,723,561 | ~$2,723,561 | ~1.9488% | ~$53,078 | +95.9% |
| 2029 | ~$3,812,248 | ~$3,812,248 | ~1.9000% | ~$72,433 | +174.2% |
| 2030 | ~$5,336,116 | ~$5,336,116 | ~1.8512% | ~$98,782 | +283.9% |
| 2031 | ~$7,469,119 | ~$7,469,119 | ~1.8024% | ~$134,621 | +437.3% |
In 2025, this property's market value of $356,250 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $356,250 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $356,250 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,390,109 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $278,022 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $278,022 | $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 | — |