WELLS SCHOOL RD TX 78653
| Owner | WELLS BETTY ETAL |
|---|---|
| Parcel ID | 0259900301 |
| Short ID | 264051 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 11,046,816 SF |
| Acres | 253.600 |
| Year Built | — |
| Legal | ABS 349 SUR 40 HARRELL J ABS 2410 SUR 164 BECKAM J & VAR SUR ACR 253.6 (1-D-1) |
| Neighborhood | _RGN320 |
| Land | $6,199,428 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,199,428 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,199,428 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,199,428 |
| Value Limitation Adjustment (−) (homestead cap) | −$6,117,492 |
| Net Appraised (assessed) | $81,936 |
| Taxable Value | $81,936 |
|---|
Appreciation: Market value has risen +437.3% from $1,153,880 (2021) to $6,199,428 (2025), a CAGR of 52.2% 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 $571. Travis County is the largest single contributor, at 53.9% of the total 2025 levy.
Assessment Gap: Assessed value ($81,936) is $6,117,492 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 ($6,199,428 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 $6,199,428, 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 $21,026,651 by 2031, with an estimated annual tax burden around $152,733. 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% | $307.95 | $307.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $96.70 | $96.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $84.72 | $84.72 | Paid |
| E13 Travis County ESD # 13 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $81.94 | $81.94 | Paid |
| Combined Rate | 0.6740% | 0.6156% | 0.6039% | 0.6537% | 0.6973% | +0.0436% | $571.31 | $571.31 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $307.95 | 53.9% |
| THD Travis Central Health | 0.1180% | $96.70 | 16.9% |
| ACT Austin Community College | 0.1034% | $84.72 | 14.8% |
| E13 Travis County ESD # 13 | 0.1000% | $81.94 | 14.3% |
| Total | 0.6973% | $571.31 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,325,600 | $6,199,428 | -14.1% |
| Assessed Value | $84,073 | $81,936 | +2.6% |
| Land Value | $5,325,600 | $6,199,428 | -14.1% |
| Improvement Value | — | — | — |
| Taxable Value | $84,073 | $81,936 | +2.6% |
| HS Cap Loss | -$5,241,527 | — | |
| Total Tax 2026 = estimate |
~$586
Estimated
|
~$571
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,325,600 | $5,325,600 | — | −$5,241,527 | $84,073 | $84,073 | Not yet — post-cert | Preliminary |
| 2025 | $6,199,428 | $6,199,428 | — | −$6,117,492 | $81,936 | $81,936 | ~$571 | Partial |
| 2024 | $6,199,428 | $6,199,428 | — | −$6,124,451 | $74,977 | $74,977 | $490 | Verified |
| 2023 | $1,775,200 | $1,775,200 | — | −$1,691,948 | $83,252 | $83,252 | $503 | Verified |
| 2022 | $1,775,200 | $1,775,200 | — | −$1,690,214 | $84,986 | $84,986 | $523 | Verified |
| 2021 | $1,153,880 | — | — | −$1,067,225 | $86,655 | $86,655 | $584 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.1% | +2.6% | 1.6% | Not available | Partial |
| 2025 | +0.0% | +9.3% | 1.3% | Not available | Partial |
| 2024 | +249.2% ! | -9.9% | 1.2% | No billing data | Verified |
| 2023 | +0.0% | -2.0% | 4.7% | No billing data | Verified |
| 2022 | +53.8% | -1.9% | 4.8% | No billing data | Verified |
| 2021 | base year | — | 7.5% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +437.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.1% | +57.8% | +31.6% | +249.2% | 2024 | -14.1% | 2026 |
| Assessment Ratio | 1.6% | 3.5% | — | 7.5% | 2021 | 1.2% | 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 |
$571 | $534 | ~$93,859 | $584 | 2021 | $490 | 2024 |
Market value changed by 249% 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 | ~$7,008,884 | ~$7,008,884 | ~0.7031% | ~$49,279 | +31.6% |
| 2028 | ~$9,224,210 | ~$9,224,210 | ~0.7089% | ~$65,392 | +73.2% |
| 2029 | ~$12,139,743 | ~$12,139,743 | ~0.7147% | ~$86,767 | +128.0% |
| 2030 | ~$15,976,800 | ~$15,976,800 | ~0.7206% | ~$115,122 | +200.0% |
| 2031 | ~$21,026,651 | ~$21,026,651 | ~0.7264% | ~$152,733 | +294.8% |
| 2027 | ~$6,902,372 | ~$6,902,372 | ~0.6973% | ~$48,128 | +29.6% |
| 2028 | ~$8,945,985 | ~$8,945,985 | ~0.6973% | ~$62,377 | +68.0% |
| 2029 | ~$11,594,658 | ~$11,594,658 | ~0.6973% | ~$80,846 | +117.7% |
| 2030 | ~$15,027,535 | ~$15,027,535 | ~0.6973% | ~$104,782 | +182.2% |
| 2031 | ~$19,476,798 | ~$19,476,798 | ~0.6973% | ~$135,805 | +265.7% |
| 2027 | ~$7,115,396 | ~$7,115,396 | ~0.7060% | ~$50,235 | +33.6% |
| 2028 | ~$9,506,695 | ~$9,506,695 | ~0.7147% | ~$67,948 | +78.5% |
| 2029 | ~$12,701,649 | ~$12,701,649 | ~0.7235% | ~$91,892 | +138.5% |
| 2030 | ~$16,970,343 | ~$16,970,343 | ~0.7322% | ~$124,257 | +218.7% |
| 2031 | ~$22,673,634 | ~$22,673,634 | ~0.7409% | ~$167,997 | +325.7% |
In 2025, this property's market value of $6,199,428 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 11× 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 | $6,199,428 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $6,199,428 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $1,775,200 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $1,775,200 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $1,153,880 | $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 | — |