RING EYE CV 78653
| Owner | HEART OF MANOR LP |
|---|---|
| Parcel ID | 0233570120 |
| Short ID | 968666 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 1,499,762 SF |
| Acres | 34.430 |
| Year Built | — |
| Legal | SADDLE RIDGE AT WILDHORSE RANCH - SEC 1 BLK E LOT 1 |
| Neighborhood | B0800 |
| Land | $46,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $46,875 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $46,875 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,875 |
| Value Limitation Adjustment (−) (homestead cap) | −$31,875 |
| Net Appraised (assessed) | $15,000 |
| Taxable Value | $15,000 |
|---|
Appreciation: Market value has risen +275.0% from $12,500 (2023) to $46,875 (2025), a CAGR of 93.6% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 +18.1%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 3.0564% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $458. Manor ISD is the largest single contributor, at 48.9% of the total 2025 levy.
Assessment Gap: Assessed value ($15,000) is $31,875 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 ($46,875 land vs $0 improvements), about $0/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 $46,875, this parcel sits in the lower-middle (25th–50th 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 +146.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $17,106,193 by 2031, with an estimated annual tax burden around $481,500. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $162.21 | $162.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $76.24 | $76.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $56.38 | $56.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17.70 | $17.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15.51 | $15.51 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $3.84 | $3.84 | Paid |
| Combined Rate | 3.2497% | 3.0773% | 2.7147% | 2.9664% | 3.0564% | +0.0900% | $331.88 | $331.88 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $162.21 | 48.9% |
| CAT City of Austin | 0.5240% | $76.24 | 23.0% |
| TCO Travis County | 0.3758% | $56.38 | 17.0% |
| THD Travis Central Health | 0.1180% | $17.70 | 5.3% |
| ACT Austin Community College | 0.1034% | $15.51 | 4.7% |
| CMA City of Manor | 0.8537% | $3.84 | 1.2% |
| Total | 3.0564% | $331.88 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $187,500 | $46,875 | +300.0% |
| Assessed Value | $18,000 | $15,000 | +20.0% |
| Land Value | $187,500 | $46,875 | +300.0% |
| Improvement Value | — | — | — |
| Taxable Value | $18,000 | $15,000 | +20.0% |
| HS Cap Loss | -$169,500 | — | |
| Total Tax 2026 = estimate |
~$550
Estimated
|
~$332
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $187,500 | $187,500 | — | −$169,500 | $18,000 | $18,000 | Not yet — post-cert | Preliminary |
| 2025 | $46,875 | $46,875 | — | −$31,875 | $15,000 | $15,000 | ~$332 | Partial |
| 2024 | $12,500 | $12,500 | — | — | $12,500 | $12,500 | $266 | Verified |
| 2023 | $12,500 | $12,500 | — | — | $12,500 | $12,500 | $255 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +300.0% ! | +20.0% | 9.6% | Not available | Partial |
| 2025 | +275.0% ! | +20.0% | 32.0% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +275.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +300.0% | +191.7% | +146.6% | +300.0% | 2026 | +0.0% | 2024 |
| Assessment Ratio | 9.6% | 60.4% | — | 100.0% | 2023 | 9.6% | 2026 |
| Effective Tax Rate (2025) | 0.7100% | 0.7100% | — | 0.7100% | 2025 | 0.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$332 | $284 | ~$161,927 | $332 | 2025 | $255 | 2023 |
Market value changed by 275% 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 | ~$462,415 | ~$462,415 | ~3.0081% | ~$13,910 | +146.6% |
| 2028 | ~$1,140,413 | ~$1,140,413 | ~2.9597% | ~$33,753 | +508.2% |
| 2029 | ~$2,812,500 | ~$2,812,500 | ~2.9114% | ~$81,884 | +1400.0% |
| 2030 | ~$6,936,221 | ~$6,936,221 | ~2.8631% | ~$198,590 | +3599.3% |
| 2031 | ~$17,106,193 | ~$17,106,193 | ~2.8148% | ~$481,500 | +9023.3% |
| 2027 | ~$458,665 | ~$458,665 | ~3.0564% | ~$14,019 | +144.6% |
| 2028 | ~$1,121,991 | ~$1,121,991 | ~3.0564% | ~$34,292 | +498.4% |
| 2029 | ~$2,744,629 | ~$2,744,629 | ~3.0564% | ~$83,886 | +1363.8% |
| 2030 | ~$6,713,944 | ~$6,713,944 | ~3.0564% | ~$205,204 | +3480.8% |
| 2031 | ~$16,423,730 | ~$16,423,730 | ~3.0564% | ~$501,972 | +8659.3% |
| 2027 | ~$466,165 | ~$466,165 | ~2.9839% | ~$13,910 | +148.6% |
| 2028 | ~$1,158,984 | ~$1,158,984 | ~2.9114% | ~$33,743 | +518.1% |
| 2029 | ~$2,881,481 | ~$2,881,481 | ~2.8389% | ~$81,803 | +1436.8% |
| 2030 | ~$7,163,973 | ~$7,163,973 | ~2.7664% | ~$198,187 | +3720.8% |
| 2031 | ~$17,811,157 | ~$17,811,157 | ~2.6940% | ~$479,825 | +9399.3% |
In 2025, this property's market value of $46,875 places it in the 25th–50th percentile for Land/Vacant properties in Travis County (35611 comparable) — -44% below 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 | $46,875 | $24,862 | $84,423 | $362,804 | ↓ Below median | +2.1% |
| 2024 | $12,500 | $23,000 | $66,000 | $328,966 | ↓ Bottom 25% | +0.0% |
| 2023 | $12,500 | $24,692 | $71,500 | $270,000 | ↓ Bottom 25% | +0.0% |
| 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 | 2023–2024 | 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 | 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 | — |