WELLS SCHOOL RD TX 78653
| Owner | WELLS BETTY ETAL |
|---|---|
| Parcel ID | 0251900702 |
| Short ID | 944027 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Productivity |
| Improvement SF | 1,393 SF |
| Land SF | 5,036,612 SF |
| Acres | 115.625 |
| Year Built | — |
| Legal | ABS 398 SUR 42 HARPER J ABS 2140 SUR 164 BECKAM J & VAR SUR ACR 115.6247 TOTAL (1-D-1) |
| Neighborhood | _RGN320 |
| Land | $4,045,951 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,045,951 |
| Improvement | $87,134 |
|---|---|
| Total Improvement | $87,134 |
| Market | $4,133,085 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,133,085 |
| Value Limitation Adjustment (−) (homestead cap) | −$4,008,594 |
| Net Appraised (assessed) | $124,491 |
| Taxable Value | $124,491 |
|---|
Appreciation: Market value has risen +574.0% from $613,227 (2021) to $4,133,085 (2025), a CAGR of 61.1% 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 4 taxing entities is 0.6973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $868. Travis County is the largest single contributor, at 53.9% of the total 2025 levy.
Assessment Gap: Assessed value ($124,491) is $4,008,594 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 98% of market value ($4,045,951 land vs $87,134 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 $4,133,085, 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 +41.1% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $19,903,868 by 2031, with an estimated annual tax burden around $144,578. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,393 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 96 SF | ✗ |
| 571 | STORAGE DET | 3 SF | ✓ |
| 299 | ALL FLAT VALUE | 2 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
| 341 | OUT BUILDINGS FV | 1 SF | ✓ |
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% | $467.89 | $467.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $146.93 | $146.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $128.72 | $128.72 | Paid |
| E13 Travis County ESD # 13 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $124.49 | $124.49 | Paid |
| Combined Rate | 0.6740% | 0.6156% | 0.6039% | 0.6537% | 0.6973% | +0.0436% | $868.03 | $868.03 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $467.89 | 53.9% |
| THD Travis Central Health | 0.1180% | $146.93 | 16.9% |
| ACT Austin Community College | 0.1034% | $128.72 | 14.8% |
| E13 Travis County ESD # 13 | 0.1000% | $124.49 | 14.3% |
| Total | 0.6973% | $868.03 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,555,875 | $4,133,085 | -14.0% |
| Assessed Value | $125,466 | $124,491 | +0.8% |
| Land Value | $3,468,741 | $4,045,951 | -14.3% |
| Improvement Value | $87,134 | $87,134 | +0.0% |
| Taxable Value | $125,466 | $124,491 | +0.8% |
| HS Cap Loss | -$3,430,409 | — | |
| Total Tax 2026 = estimate |
~$875
Estimated
|
~$868
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,555,875 | $3,468,741 | $87,134 | −$3,430,409 | $125,466 | $125,466 | Not yet — post-cert | Preliminary |
| 2025 | $4,133,085 | $4,045,951 | $87,134 | −$4,008,594 | $124,491 | $124,491 | ~$868 | Partial |
| 2024 | $4,133,085 | $4,045,951 | $87,134 | −$4,011,767 | $121,318 | $121,318 | $793 | Verified |
| 2023 | $896,507 | $809,373 | $87,134 | −$771,416 | $125,091 | $125,091 | $755 | Verified |
| 2022 | $896,507 | $809,373 | $87,134 | −$770,625 | $125,882 | $125,882 | $775 | Verified |
| 2021 | $613,227 | — | $87,134 | −$486,584 | $126,643 | $126,643 | $854 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.0% | +0.8% | 3.5% | Not available | Partial |
| 2025 | +0.0% | +2.6% | 3.0% | Not available | Partial |
| 2024 | +361.0% ! | -3.0% | 2.9% | No billing data | Verified |
| 2023 | +0.0% | -0.6% | 14.0% | No billing data | Verified |
| 2022 | +46.2% | -0.6% | 14.0% | No billing data | Verified |
| 2021 | base year | — | 20.6% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +574.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.0% | +78.6% | +41.1% | +361.0% | 2024 | -14.0% | 2026 |
| Assessment Ratio | 3.5% | 9.7% | — | 20.7% | 2021 | 2.9% | 2024 |
| Effective Tax Rate (2025) | 0.0200% | 0.0200% | — | 0.0200% | 2025 | 0.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$868 | $809 | ~$80,624 | $868 | 2025 | $755 | 2023 |
Market value changed by 361% 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 | ~$5,018,162 | ~$5,018,162 | ~0.7031% | ~$35,282 | +41.1% |
| 2028 | ~$7,081,787 | ~$7,081,787 | ~0.7089% | ~$50,204 | +99.2% |
| 2029 | ~$9,994,040 | ~$9,994,040 | ~0.7147% | ~$71,431 | +181.1% |
| 2030 | ~$14,103,902 | ~$14,103,902 | ~0.7206% | ~$101,627 | +296.6% |
| 2031 | ~$19,903,868 | ~$19,903,868 | ~0.7264% | ~$144,578 | +459.7% |
| 2027 | ~$4,947,045 | ~$4,947,045 | ~0.6973% | ~$34,494 | +39.1% |
| 2028 | ~$6,882,483 | ~$6,882,483 | ~0.6973% | ~$47,989 | +93.6% |
| 2029 | ~$9,575,126 | ~$9,575,126 | ~0.6973% | ~$66,764 | +169.3% |
| 2030 | ~$13,321,215 | ~$13,321,215 | ~0.6973% | ~$92,885 | +274.6% |
| 2031 | ~$18,532,892 | ~$18,532,892 | ~0.6973% | ~$129,224 | +421.2% |
| 2027 | ~$5,089,280 | ~$5,089,280 | ~0.7060% | ~$35,930 | +43.1% |
| 2028 | ~$7,283,936 | ~$7,283,936 | ~0.7147% | ~$52,061 | +104.8% |
| 2029 | ~$10,424,998 | ~$10,424,998 | ~0.7235% | ~$75,422 | +193.2% |
| 2030 | ~$14,920,583 | ~$14,920,583 | ~0.7322% | ~$109,249 | +319.6% |
| 2031 | ~$21,354,805 | ~$21,354,805 | ~0.7409% | ~$158,225 | +500.5% |
In 2025, this property's market value of $4,133,085 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 7× 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 | $4,133,085 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $4,133,085 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $896,507 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $896,507 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $613,227 | $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 | — |