COUNTY LINE RD TX 78621
| Owner | PRN PROPERTIES LP |
|---|---|
| Parcel ID | 0234990502 |
| Short ID | 814664 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 9,005,042 SF |
| Acres | 206.727 |
| Year Built | — |
| Legal | ABS 2304 SUR 24 STANDIFER E ACR 206.8000 (1-D-1) (49.3251 AC IN TRAVIS CO) |
| Neighborhood | _RGN307 |
| Land | $7,224,311 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,224,311 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,224,311 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,224,311 |
| Value Limitation Adjustment (−) (homestead cap) | −$7,180,481 |
| Net Appraised (assessed) | $43,830 |
| Taxable Value | $43,830 |
|---|
Appreciation: Market value has risen +529.0% from $1,148,530 (2021) to $7,224,311 (2025), a CAGR of 58.4% 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 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 3 taxing entities is 0.5973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $262. Travis County is the largest single contributor, at 62.9% of the total 2025 levy.
Assessment Gap: Assessed value ($43,830) is $7,180,481 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 ($7,224,311 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 $7,224,311, 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 +31.6% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $24,475,399 by 2031, with an estimated annual tax burden around $153,309. 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39.54 | $39.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12.41 | $12.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10.88 | $10.88 | Paid |
| Combined Rate | 0.5740% | 0.5156% | 0.5039% | 0.5537% | 0.5973% | +0.0436% | $62.83 | $62.83 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $39.54 | 62.9% |
| THD Travis Central Health | 0.1180% | $12.41 | 19.8% |
| ACT Austin Community College | 0.1034% | $10.88 | 17.3% |
| Total | 0.5973% | $62.83 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,201,819 | $7,224,311 | -14.2% |
| Assessed Value | $46,051 | $43,830 | +5.1% |
| Land Value | $6,201,819 | $7,224,311 | -14.2% |
| Improvement Value | — | — | — |
| Taxable Value | $46,051 | $43,830 | +5.1% |
| HS Cap Loss | -$6,155,768 | — | |
| Total Tax 2026 = estimate |
~$275
Estimated
|
~$63
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,201,819 | $6,201,819 | — | −$6,155,768 | $46,051 | $46,051 | Not yet — post-cert | Preliminary |
| 2025 | $7,224,311 | $7,224,311 | — | −$7,180,481 | $43,830 | $43,830 | ~$63 | Partial |
| 2024 | $7,224,311 | $7,224,311 | — | −$7,215,194 | $9,117 | $9,117 | $50 | Verified |
| 2023 | $2,067,273 | $2,067,273 | — | −$2,047,064 | $20,209 | $20,209 | $102 | Verified |
| 2022 | $2,068,000 | $2,068,000 | — | −$2,047,912 | $20,088 | $20,088 | $104 | Verified |
| 2021 | $1,148,530 | — | — | −$1,119,756 | $28,774 | $6,906 | $117 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.2% | +5.1% | 0.7% | Not available | Partial |
| 2025 | +0.0% | +380.8% | 0.6% | Not available | Partial |
| 2024 | +249.5% ! | -54.9% | 0.1% | No billing data | Verified |
| 2023 | -0.0% | +0.6% | 1.0% | No billing data | Verified |
| 2022 | +80.1% ! | -30.2% | 1.0% | No billing data | Verified |
| 2021 | base year | — | 2.5% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +529.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.2% | +63.1% | +31.6% | +249.5% | 2024 | -14.2% | 2026 |
| Assessment Ratio | 0.7% | 1.0% | — | 2.5% | 2021 | 0.1% | 2024 |
| 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 |
$63 | $87 | ~$94,045 | $117 | 2021 | $50 | 2024 |
Market value changed by 80% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$8,161,335 | ~$8,161,335 | ~0.6031% | ~$49,220 | +31.6% |
| 2028 | ~$10,739,977 | ~$10,739,977 | ~0.6089% | ~$65,397 | +73.2% |
| 2029 | ~$14,133,363 | ~$14,133,363 | ~0.6147% | ~$86,883 | +127.9% |
| 2030 | ~$18,598,916 | ~$18,598,916 | ~0.6206% | ~$115,417 | +199.9% |
| 2031 | ~$24,475,399 | ~$24,475,399 | ~0.6264% | ~$153,309 | +294.6% |
| 2027 | ~$8,037,299 | ~$8,037,299 | ~0.5973% | ~$48,004 | +29.6% |
| 2028 | ~$10,416,005 | ~$10,416,005 | ~0.5973% | ~$62,211 | +68.0% |
| 2029 | ~$13,498,708 | ~$13,498,708 | ~0.5973% | ~$80,623 | +117.7% |
| 2030 | ~$17,493,763 | ~$17,493,763 | ~0.5973% | ~$104,485 | +182.1% |
| 2031 | ~$22,671,188 | ~$22,671,188 | ~0.5973% | ~$135,408 | +265.6% |
| 2027 | ~$8,285,372 | ~$8,285,372 | ~0.6060% | ~$50,209 | +33.6% |
| 2028 | ~$11,068,911 | ~$11,068,911 | ~0.6147% | ~$68,044 | +78.5% |
| 2029 | ~$14,787,604 | ~$14,787,604 | ~0.6235% | ~$92,196 | +138.4% |
| 2030 | ~$19,755,623 | ~$19,755,623 | ~0.6322% | ~$124,895 | +218.5% |
| 2031 | ~$26,392,690 | ~$26,392,690 | ~0.6409% | ~$169,160 | +325.6% |
In 2025, this property's market value of $7,224,311 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 13× 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 | $7,224,311 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $7,224,311 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $2,067,273 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $2,068,000 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $1,148,530 | $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 | — |