12511 E U S HY 290 TX
| Owner | SHOPS AT GRASSDALE LLC |
|---|---|
| Parcel ID | 0237690128 |
| Short ID | 937563 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 118,048 SF |
| Acres | 2.710 |
| Year Built | — |
| Legal | LOT 1 BLK A RESIDENCES AT GRASSDALE |
| Neighborhood | _RGN307 |
| Land | $1,003,405 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,003,405 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,003,405 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,003,405 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,003,405 |
| Taxable Value | $1,003,405 |
|---|
Appreciation: Market value has risen +194.4% from $340,857 (2021) to $1,003,405 (2025), a CAGR of 31.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $26,413. Manor ISD is the largest single contributor, at 41.1% 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 100% of market value ($1,003,405 land vs $0 improvements), about $8/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 $1,003,405, 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 +24.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,953,795 by 2031, with an estimated annual tax burden around $71,245. 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% | $10,850.82 | $10,850.82 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $8,566.07 | $8,566.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,771.25 | $3,771.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,184.25 | $1,184.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,037.52 | $1,037.52 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $1,003.41 | $1,003.41 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $26,413.32 | $26,413.32 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $10,850.82 | 41.1% |
| CMA City of Manor | 0.8537% | $8,566.07 | 32.4% |
| TCO Travis County | 0.3758% | $3,771.25 | 14.3% |
| THD Travis Central Health | 0.1180% | $1,184.25 | 4.5% |
| ACT Austin Community College | 0.1034% | $1,037.52 | 3.9% |
| E12 Travis County ESD # 12 | 0.1000% | $1,003.41 | 3.8% |
| Total | 2.6324% | $26,413.32 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,003,405 | $1,003,405 | +0.0% |
| Assessed Value | $1,003,405 | $1,003,405 | +0.0% |
| Land Value | $1,003,405 | $1,003,405 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,003,405 | $1,003,405 | +0.0% |
| Total Tax 2026 = estimate |
~$26,413
Estimated
|
~$26,413
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,003,405 | $1,003,405 | — | — | $1,003,405 | $1,003,405 | Not yet — post-cert | Preliminary |
| 2025 | $1,003,405 | $1,003,405 | — | — | $1,003,405 | $1,003,405 | ~$26,413 | Partial |
| 2024 | $1,003,405 | $1,003,405 | — | — | $1,003,405 | $1,003,405 | $25,976 | Verified |
| 2023 | $953,234 | $1,003,405 | — | — | $953,234 | $953,234 | $22,564 | Verified |
| 2022 | $602,045 | $802,724 | — | — | $602,045 | $602,045 | $16,343 | Verified |
| 2021 | $340,857 | $95,414 | $245,443 | — | $340,857 | $340,857 | $2,680 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +5.3% | +5.3% | ~100% | No billing data | Verified |
| 2023 | +58.3% | +58.3% | ~100% | No billing data | Verified |
| 2022 | +76.6% ! | +76.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +194.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +28.0% | +24.1% | +76.6% | 2022 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.6300% | 2.6300% | — | 2.6300% | 2025 | 2.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,413 | $18,795 | ~$49,840 | $26,413 | 2025 | $2,680 | 2021 |
Market value changed by 77% 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 | ~$1,245,251 | ~$1,245,251 | ~2.5883% | ~$32,231 | +24.1% |
| 2028 | ~$1,545,389 | ~$1,545,389 | ~2.5442% | ~$39,318 | +54.0% |
| 2029 | ~$1,917,868 | ~$1,917,868 | ~2.5001% | ~$47,949 | +91.1% |
| 2030 | ~$2,380,124 | ~$2,380,124 | ~2.4561% | ~$58,457 | +137.2% |
| 2031 | ~$2,953,795 | ~$2,953,795 | ~2.4120% | ~$71,245 | +194.4% |
| 2027 | ~$1,225,183 | ~$1,225,183 | ~2.6324% | ~$32,251 | +22.1% |
| 2028 | ~$1,495,981 | ~$1,495,981 | ~2.6324% | ~$39,380 | +49.1% |
| 2029 | ~$1,826,631 | ~$1,826,631 | ~2.6324% | ~$48,084 | +82.0% |
| 2030 | ~$2,230,363 | ~$2,230,363 | ~2.6324% | ~$58,711 | +122.3% |
| 2031 | ~$2,723,331 | ~$2,723,331 | ~2.6324% | ~$71,688 | +171.4% |
| 2027 | ~$1,265,320 | ~$1,265,320 | ~2.5663% | ~$32,471 | +26.1% |
| 2028 | ~$1,595,601 | ~$1,595,601 | ~2.5001% | ~$39,892 | +59.0% |
| 2029 | ~$2,012,094 | ~$2,012,094 | ~2.4340% | ~$48,975 | +100.5% |
| 2030 | ~$2,537,302 | ~$2,537,302 | ~2.3679% | ~$60,081 | +152.9% |
| 2031 | ~$3,199,603 | ~$3,199,603 | ~2.3018% | ~$73,648 | +218.9% |
In 2025, this property's market value of $1,003,405 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 12× 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 | $1,003,405 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,003,405 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $953,234 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $602,045 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $340,857 | $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 | — |