MC NEIL DR TX 78729
| Owner | 1285 LAND PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0267010302 |
| Short ID | 271360 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 2,451,439 SF |
| Acres | 56.277 |
| Year Built | — |
| Legal | ABS 2695 SUR 10 BAKER W J ABS 2704 SUR 33 GARNER A ACR 72.9131 (70.59AC TRAVIS CO) (1-D-1) |
| Neighborhood | 1NW2 |
| Land | $2,259,121 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,259,121 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,259,121 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,259,121 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,254,135 |
| Net Appraised (assessed) | $4,986 |
| Taxable Value | $4,986 |
|---|
Appreciation: Market value has fallen -28.9% from $3,176,095 (2021) to $2,259,121 (2025), a CAGR of -8.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 2.0410% in 2025 (+0.0866% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $102. Round Rock ISD is the largest single contributor, at 86.9% of the total 2025 levy.
Assessment Gap: Assessed value ($4,986) is $2,254,135 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 ($2,259,121 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 $2,259,121, 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 -16.4% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $487,094 by 2031, with an estimated annual tax burden around $8,190. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $44.53 | $44.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5.16 | $5.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1.04 | $1.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $0.38 | $0.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $0.12 | $0.12 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $0.03 | $0.03 | Paid |
| Combined Rate | 2.3286% | 2.1009% | 1.9087% | 1.9544% | 2.0410% | +0.0866% | $51.26 | $51.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $44.53 | 86.9% |
| ACT Austin Community College | 0.1034% | $5.16 | 10.1% |
| CAT City of Austin | 0.5240% | $1.04 | 2.0% |
| TCO Travis County | 0.3758% | $0.38 | 0.7% |
| THD Travis Central Health | 0.1180% | $0.12 | 0.2% |
| E04 Travis County ESD # 04 | 0.0266% | $0.03 | 0.1% |
| Total | 2.0410% | $51.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,195,381 | $2,259,121 | -47.1% |
| Assessed Value | $4,621 | $4,986 | -7.3% |
| Land Value | $1,195,381 | $2,259,121 | -47.1% |
| Improvement Value | — | — | — |
| Taxable Value | $4,621 | $4,986 | -7.3% |
| HS Cap Loss | -$1,190,760 | — | |
| Total Tax 2026 = estimate |
~$94
Estimated
|
~$51
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,195,381 | $1,195,381 | — | −$1,190,760 | $4,621 | $4,621 | Not yet — post-cert | Preliminary |
| 2025 | $2,259,121 | $2,259,121 | — | −$2,254,135 | $4,986 | $4,986 | ~$51 | Partial |
| 2024 | $2,451,439 | $2,451,439 | — | −$2,451,357 | $82 | $82 | $42 | Verified |
| 2023 | $2,451,439 | $2,451,439 | — | −$2,451,359 | $80 | $80 | $42 | Verified |
| 2022 | $2,451,439 | $2,451,439 | — | −$2,451,366 | $73 | $73 | $44 | Verified |
| 2021 | $3,176,095 | — | — | −$3,171,983 | $4,112 | $3,989 | $69 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -47.1% | -7.3% | 0.4% | Not available | Partial |
| 2025 | -7.8% | +5980.5% | 0.2% | Not available | Partial |
| 2024 | +0.0% | +2.5% | 0.0% | No billing data | Verified |
| 2023 | +0.0% | +9.6% | 0.0% | No billing data | Verified |
| 2022 | -22.8% | -98.2% | 0.0% | No billing data | Verified |
| 2021 | base year | — | 0.1% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -47.1% | -15.5% | -16.4% | +0.0% | 2023 | -47.1% | 2026 |
| Assessment Ratio | 0.4% | 0.1% | — | 0.4% | 2026 | 0.0% | 2022 |
| Effective Tax Rate (2025) | 0.0000% | 0.0000% | — | 0.0000% | 2025 | 0.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$51 | $49 | ~$13,330 | $69 | 2021 | $42 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$998,913 | ~$998,913 | ~1.9691% | ~$19,669 | -16.4% |
| 2028 | ~$834,736 | ~$834,736 | ~1.8972% | ~$15,837 | -30.2% |
| 2029 | ~$697,542 | ~$697,542 | ~1.8253% | ~$12,732 | -41.6% |
| 2030 | ~$582,897 | ~$582,897 | ~1.7534% | ~$10,220 | -51.2% |
| 2031 | ~$487,094 | ~$487,094 | ~1.6815% | ~$8,190 | -59.3% |
| 2027 | ~$1,135,612 | ~$1,135,612 | ~2.0410% | ~$23,178 | -5.0% |
| 2028 | ~$1,078,831 | ~$1,078,831 | ~2.0410% | ~$22,019 | -9.8% |
| 2029 | ~$1,024,890 | ~$1,024,890 | ~2.0410% | ~$20,918 | -14.3% |
| 2030 | ~$973,645 | ~$973,645 | ~2.0410% | ~$19,872 | -18.5% |
| 2031 | ~$924,963 | ~$924,963 | ~2.0410% | ~$18,878 | -22.6% |
| 2027 | ~$1,022,821 | ~$1,022,821 | ~1.9331% | ~$19,773 | -14.4% |
| 2028 | ~$875,170 | ~$875,170 | ~1.8253% | ~$15,974 | -26.8% |
| 2029 | ~$748,834 | ~$748,834 | ~1.7174% | ~$12,861 | -37.4% |
| 2030 | ~$640,736 | ~$640,736 | ~1.6096% | ~$10,313 | -46.4% |
| 2031 | ~$548,242 | ~$548,242 | ~1.5017% | ~$8,233 | -54.1% |
In 2025, this property's market value of $2,259,121 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 4× 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 | $2,259,121 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $2,451,439 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $2,451,439 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $2,451,439 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $3,176,095 | $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 | — |