RECTOR LOOP TX 78653
| Owner | MERITAGE HOMES OF TEXAS LLC |
|---|---|
| Parcel ID | 0242600249 |
| Short ID | 547346 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 4,325,944 SF |
| Acres | 99.310 |
| Year Built | — |
| Legal | ABS 63 SUR 62 BACON S & ABS 743 SUR 70 STANDERFORD WM 99.310 AC (1-D-1) |
| Neighborhood | _BACRE |
| Land | $7,448,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,448,250 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,448,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,448,250 |
| Value Limitation Adjustment (−) (homestead cap) | −$7,433,925 |
| Net Appraised (assessed) | $14,325 |
| Taxable Value | $14,325 |
|---|
Appreciation: Market value has risen +87.5% from $3,972,400 (2021) to $7,448,250 (2025), a CAGR of 17.0% 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 lagged the broader agricultural market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.7287% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $391. Manor ISD is the largest single contributor, at 39.6% of the total 2025 levy.
Assessment Gap: Assessed value ($14,325) is $7,433,925 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 ($7,448,250 land vs $0 improvements), about $2/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 $7,448,250, 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 +21.0% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $19,310,600 by 2031, with an estimated annual tax burden around $467,226. 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% | $154.91 | $154.91 | Paid |
| U7H Wilbarger Creek MUD # 2 | 0.9500% | 0.9500% | 0.9500% | 0.9500% | 0.9500% | +0.0000% | $136.09 | $136.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $53.84 | $53.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16.91 | $16.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14.81 | $14.81 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $14.33 | $14.33 | Paid |
| Combined Rate | 2.9760% | 2.9176% | 2.6382% | 2.6851% | 2.7287% | +0.0436% | $390.89 | $390.89 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $154.91 | 39.6% |
| U7H Wilbarger Creek MUD # 2 | 0.9500% | $136.09 | 34.8% |
| TCO Travis County | 0.3758% | $53.84 | 13.8% |
| THD Travis Central Health | 0.1180% | $16.91 | 4.3% |
| ACT Austin Community College | 0.1034% | $14.81 | 3.8% |
| E12 Travis County ESD # 12 | 0.1000% | $14.33 | 3.7% |
| Total | 2.7287% | $390.89 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,448,250 | $7,448,250 | +0.0% |
| Assessed Value | $14,929 | $14,325 | +4.2% |
| Land Value | $7,448,250 | $7,448,250 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $14,929 | $14,325 | +4.2% |
| HS Cap Loss | -$7,433,321 | — | |
| Total Tax 2026 = estimate |
~$407
Estimated
|
~$391
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,448,250 | $7,448,250 | — | −$7,433,321 | $14,929 | $14,929 | Not yet — post-cert | Preliminary |
| 2025 | $7,448,250 | $7,448,250 | — | −$7,433,925 | $14,325 | $14,325 | ~$391 | Partial |
| 2024 | $7,448,250 | $14,896,500 | — | −$7,435,417 | $12,833 | $12,833 | $39,847 | Verified |
| 2023 | $3,475,850 | $6,951,700 | — | −$3,463,251 | $12,599 | $12,599 | $33,233 | Verified |
| 2022 | $3,475,850 | $6,951,700 | — | −$3,463,603 | $12,247 | $12,247 | $33,262 | Verified |
| 2021 | $3,972,400 | $3,972,400 | — | — | $3,972,400 | $1,986,200 | $19,119 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +4.2% | 0.2% | Not available | Partial |
| 2025 | +0.0% | +11.6% | 0.2% | Not available | Partial |
| 2024 | +114.3% ! | +1.9% | 0.2% | No billing data | Verified |
| 2023 | +0.0% | +2.9% | 0.4% | No billing data | Verified |
| 2022 | -12.5% | -99.7% | 0.4% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +87.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +20.4% | +21.0% | +114.3% | 2024 | -12.5% | 2022 |
| Assessment Ratio | 0.2% | 16.9% | — | 100.0% | 2021 | 0.2% | 2024 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$391 | $25,170 | ~$344,621 | $39,847 | 2024 | $391 | 2025 |
Market value changed by 114% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$9,011,613 | ~$9,011,613 | ~2.6668% | ~$240,325 | +21.0% |
| 2028 | ~$10,903,122 | ~$10,903,122 | ~2.6050% | ~$284,028 | +46.4% |
| 2029 | ~$13,191,651 | ~$13,191,651 | ~2.5432% | ~$335,488 | +77.1% |
| 2030 | ~$15,960,536 | ~$15,960,536 | ~2.4814% | ~$396,038 | +114.3% |
| 2031 | ~$19,310,600 | ~$19,310,600 | ~2.4195% | ~$467,226 | +159.3% |
| 2027 | ~$8,862,648 | ~$8,862,648 | ~2.7287% | ~$241,832 | +19.0% |
| 2028 | ~$10,545,636 | ~$10,545,636 | ~2.7287% | ~$287,755 | +41.6% |
| 2029 | ~$12,548,218 | ~$12,548,218 | ~2.7287% | ~$342,399 | +68.5% |
| 2030 | ~$14,931,084 | ~$14,931,084 | ~2.7287% | ~$407,420 | +100.5% |
| 2031 | ~$17,766,448 | ~$17,766,448 | ~2.7287% | ~$484,787 | +138.5% |
| 2027 | ~$9,160,578 | ~$9,160,578 | ~2.6359% | ~$241,466 | +23.0% |
| 2028 | ~$11,266,565 | ~$11,266,565 | ~2.5432% | ~$286,530 | +51.3% |
| 2029 | ~$13,856,712 | ~$13,856,712 | ~2.4504% | ~$339,551 | +86.0% |
| 2030 | ~$17,042,325 | ~$17,042,325 | ~2.3577% | ~$401,807 | +128.8% |
| 2031 | ~$20,960,300 | ~$20,960,300 | ~2.2650% | ~$474,742 | +181.4% |
In 2025, this property's market value of $7,448,250 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 | $7,448,250 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $7,448,250 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $3,475,850 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $3,475,850 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $3,972,400 | $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 | — |