18400 WERCHAN LN TX 78615
| Owner | LEMP MICHAEL & NANCY |
|---|---|
| Parcel ID | 0267990116 |
| Short ID | 865134 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 843,627 SF |
| Acres | 19.367 |
| Year Built | — |
| Legal | ABS 655 SUR 66 RODRIGUEZ P ACR 22.845 (1-D-1) |
| Neighborhood | _RGN320 |
| Land | $754,225 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $754,225 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $754,225 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $754,225 |
| Value Limitation Adjustment (−) (homestead cap) | −$747,968 |
| Net Appraised (assessed) | $6,257 |
| Taxable Value | $6,257 |
|---|
Appreciation: Market value has risen +263.8% from $207,310 (2021) to $754,225 (2025), a CAGR of 38.1% 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 $44. Travis County is the largest single contributor, at 53.9% of the total 2025 levy.
Assessment Gap: Assessed value ($6,257) is $747,968 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 ($754,225 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 $754,225, this parcel sits in the upper-middle (50th–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 +20.1% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,727,291 by 2031, with an estimated annual tax burden around $12,547. 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% | $23.52 | $23.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7.38 | $7.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6.47 | $6.47 | Paid |
| E13 Travis County ESD # 13 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $6.26 | $6.26 | Paid |
| Combined Rate | 0.6740% | 0.6156% | 0.6039% | 0.6537% | 0.6973% | +0.0436% | $43.63 | $43.63 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $23.52 | 53.9% |
| THD Travis Central Health | 0.1180% | $7.38 | 16.9% |
| ACT Austin Community College | 0.1034% | $6.47 | 14.8% |
| E13 Travis County ESD # 13 | 0.1000% | $6.26 | 14.3% |
| Total | 0.6973% | $43.63 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $691,111 | $754,225 | -8.4% |
| Assessed Value | $6,421 | $6,257 | +2.6% |
| Land Value | $691,111 | $754,225 | -8.4% |
| Improvement Value | — | — | — |
| Taxable Value | $6,421 | $6,257 | +2.6% |
| HS Cap Loss | -$684,690 | — | |
| Total Tax 2026 = estimate |
~$45
Estimated
|
~$44
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $691,111 | $691,111 | — | −$684,690 | $6,421 | $6,421 | Not yet — post-cert | Preliminary |
| 2025 | $754,225 | $754,225 | — | −$747,968 | $6,257 | $6,257 | ~$44 | Partial |
| 2024 | $769,694 | $769,694 | — | −$763,968 | $5,726 | $5,726 | $37 | Verified |
| 2023 | $332,119 | $332,119 | — | −$324,619 | $7,500 | $7,500 | $45 | Verified |
| 2022 | $332,119 | $332,119 | — | −$324,463 | $7,656 | $7,656 | $47 | Verified |
| 2021 | $207,310 | — | — | −$199,504 | $7,806 | $7,806 | $53 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.4% | +2.6% | 0.9% | Not available | Partial |
| 2025 | -2.0% | +9.3% | 0.8% | Not available | Partial |
| 2024 | +131.8% ! | -23.7% | 0.7% | No billing data | Verified |
| 2023 | +0.0% | -2.0% | 2.3% | No billing data | Verified |
| 2022 | +60.2% | -1.9% | 2.3% | No billing data | Verified |
| 2021 | base year | — | 3.8% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +263.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.4% | +36.3% | +20.1% | +131.8% | 2024 | -8.4% | 2026 |
| Assessment Ratio | 0.9% | 1.8% | — | 3.8% | 2021 | 0.7% | 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 |
$44 | $45 | ~$8,874 | $53 | 2021 | $37 | 2024 |
Market value changed by 132% 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 | ~$830,064 | ~$830,064 | ~0.7031% | ~$5,836 | +20.1% |
| 2028 | ~$996,953 | ~$996,953 | ~0.7089% | ~$7,068 | +44.3% |
| 2029 | ~$1,197,398 | ~$1,197,398 | ~0.7147% | ~$8,558 | +73.3% |
| 2030 | ~$1,438,142 | ~$1,438,142 | ~0.7206% | ~$10,363 | +108.1% |
| 2031 | ~$1,727,291 | ~$1,727,291 | ~0.7264% | ~$12,547 | +149.9% |
| 2027 | ~$816,241 | ~$816,241 | ~0.6973% | ~$5,691 | +18.1% |
| 2028 | ~$964,027 | ~$964,027 | ~0.6973% | ~$6,722 | +39.5% |
| 2029 | ~$1,138,571 | ~$1,138,571 | ~0.6973% | ~$7,939 | +64.7% |
| 2030 | ~$1,344,717 | ~$1,344,717 | ~0.6973% | ~$9,376 | +94.6% |
| 2031 | ~$1,588,187 | ~$1,588,187 | ~0.6973% | ~$11,074 | +129.8% |
| 2027 | ~$843,886 | ~$843,886 | ~0.7060% | ~$5,958 | +22.1% |
| 2028 | ~$1,030,432 | ~$1,030,432 | ~0.7147% | ~$7,365 | +49.1% |
| 2029 | ~$1,258,216 | ~$1,258,216 | ~0.7235% | ~$9,103 | +82.1% |
| 2030 | ~$1,536,354 | ~$1,536,354 | ~0.7322% | ~$11,249 | +122.3% |
| 2031 | ~$1,875,975 | ~$1,875,975 | ~0.7409% | ~$13,900 | +171.4% |
In 2025, this property's market value of $754,225 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +34% above 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 | $754,225 | $179,824 | $561,432 | $1,355,511 | ↑ Above median | +0.0% |
| 2024 | $769,694 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $332,119 | $150,007 | $423,072 | $1,000,412 | ↓ Below median | +0.0% |
| 2022 | $332,119 | $166,375 | $416,994 | $932,726 | ↓ Below median | +46.1% |
| 2021 | $207,310 | $105,498 | $286,444 | $607,111 | ↓ Below median | 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 | — |