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WELLS RD TX 78621

Travis County, TX · Agricultural Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$4,425,457
2025 Verified
Taxable Value
$33,607
2025 Verified (99% below market)
Total Tax
~$234
2025 Partial
Effective Tax Rate (2025)
0.0100%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$3,794,700
-14.3% 2025 → 2026 Preliminary
Taxable Value
$34,824
2026 Preliminary (99% below market)
Est. 2026 Total Tax
~$243
2026 Estimated
Est. 2026 Effective Tax Rate
0.0064%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 18, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
7 days to next
Roll Certified
Jul 25
This parcel's 2026 values are still Preliminary as of today.
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
Property Info
Owner LUNDGREN LELAND
Parcel ID 0251990417
Short ID 259311
Type Real
Use Code D1 Acreage — Qualified Open-Space Land (1-d-1)
Valuation Productivity
Improvement SF
Land SF 5,509,904 SF
Acres 126.490
Year Built
Legal ABS 518 SUR 65 MARTIN H ACR 126.49 (1-D-1)
Neighborhood _RGN320
Current Values 2025 Certified
Land$4,425,457
Special Use Land MarketNot Available
Total Land $4,425,457
Improvement
Total Improvement
Market$4,425,457
Special Use Exclusion (−)Not Available
Appraised$4,425,457
Value Limitation Adjustment (−) (homestead cap)−$4,391,850
Net Appraised (assessed) $33,607
Taxable Value $33,607
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +389.7% from $903,776 (2021) to $4,425,457 (2025), a CAGR of 48.8% 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 $234. Travis County is the largest single contributor, at 53.9% of the total 2025 levy.

Assessment Gap: Assessed value ($33,607) is $4,391,850 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.


Investment Snapshot — 2025 certified basis
Building (Main)
Gross Building
Land
5,509,904 SF
126.490 ac
Value / Bldg SF
all-in (incl. land)
Land $/SF
$1
land value only
Land Value Share
100%
Year Built
Eff. Tax Rate
0.010%
total tax ÷ market value
Assessment Ratio
0.8%
below typical ~100%
Est. Annual Tax
$234
2025 taxable × rate

Value Composition: Land carries 100% of market value ($4,425,457 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 $4,425,457, 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 $14,960,420 by 2031, with an estimated annual tax burden around $108,669. 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.

Property Tax & County News Travis County · live feed
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Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: · 126.490 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $126.31 $126.31 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $39.66 $39.66 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $34.75 $34.75 Paid
E13 Travis County ESD # 13 0.1000% 0.1000% 0.1000% 0.1000% 0.1000% +0.0000% $33.61 $33.61 Paid
Combined Rate 0.6740% 0.6156% 0.6039% 0.6537% 0.6973% +0.0436% $234.33 $234.33 Paid
2025 Tax Burden — Entity Split
TCO
53.9% $126
THD
16.9% $40
ACT
14.8% $35
E13
14.3% $34
Total: $234
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
TCO Travis County 0.3758% $126.31 53.9%
THD Travis Central Health 0.1180% $39.66 16.9%
ACT Austin Community College 0.1034% $34.75 14.8%
E13 Travis County ESD # 13 0.1000% $33.61 14.3%
Total 0.6973% $234.33 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $3,794,700 $4,425,457 -14.3%
Assessed Value $34,824 $33,607 +3.6%
Land Value $3,794,700 $4,425,457 -14.3%
Improvement Value
Taxable Value $34,824 $33,607 +3.6%
HS Cap Loss -$3,759,876
Total Tax 2026 = estimate
~$243
Estimated
~$234
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $3,794,700 $3,794,700 −$3,759,876 $34,824 $34,824 Not yet — post-cert Preliminary
2025 $4,425,457 $4,425,457 −$4,391,850 $33,607 $33,607 ~$234 Partial
2024 $4,425,457 $4,425,457 −$4,395,374 $30,083 $30,083 $197 Verified
2023 $1,264,900 $1,264,900 −$1,232,640 $32,260 $32,260 $195 Verified
2022 $1,266,381 $1,264,900 $1,481 −$1,232,685 $33,696 $33,696 $207 Verified
2021 $903,776 $1,481 −$869,503 $34,273 $34,273 $231 Verified
Value Trend
Market Value vs. Taxable Value gap up to 99.3%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 -14.3% +3.6% 0.9% Not available Partial
2025 +0.0% +11.7% 0.8% Not available Partial
2024 +249.9% ! -6.7% 0.7% No billing data Verified
2023 -0.1% -4.3% 2.6% No billing data Verified
2022 +40.1% -1.7% 2.7% No billing data Verified
2021 base year 3.8% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +389.7%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 250% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$4,992,645 ~$4,992,645 ~0.7031% ~$35,103 +31.6%
2028 ~$6,568,769 ~$6,568,769 ~0.7089% ~$46,567 +73.1%
2029 ~$8,642,457 ~$8,642,457 ~0.7147% ~$61,771 +127.8%
2030 ~$11,370,787 ~$11,370,787 ~0.7206% ~$81,933 +199.6%
2031 ~$14,960,420 ~$14,960,420 ~0.7264% ~$108,669 +294.2%
Submarket Position
Where This Property Stands — Agricultural Benchmark

In 2025, this property's market value of $4,425,457 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 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 $4,425,457 $179,824 $561,432 $1,355,511 ↑ Top 25% +0.0%
2024 $4,425,457 $193,498 $574,650 $1,361,070 ↑ Top 25% +23.7%
2023 $1,264,900 $150,007 $423,072 $1,000,412 ↑ Top 25% +0.0%
2022 $1,266,381 $166,375 $416,994 $932,726 ↑ Top 25% +46.1%
2021 $903,776 $105,498 $286,444 $607,111 ↑ Top 25% base yr
Documents & Sources
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