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MERRILLTOWN DR TX 78728

Travis County, TX · Agricultural Appraisal: 2025 Certified Billing: 2025 Verified 2021–24 billing ✓
2025 Certified
Market Value
$8,015,388
2025 Verified
Taxable Value
$6,221
2025 Verified (100% below market)
Total Tax
$100
2025 Verified
Effective Tax Rate (2025)
0.0000%
2025 Tax ÷ 2025 Market Value Verified
2026 Preliminary
Market Value
$26,717,962
+233.3% 2025 → 2026 Preliminary
Taxable Value
$6,505
2026 Preliminary (100% below market)
Est. 2026 Total Tax
~$105
2026 Estimated
Est. 2026 Effective Tax Rate
0.0004%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 20, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
5 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 DARTAGNAN PARTNERS L P
Parcel ID 0275110220
Short ID 277878
Type Real
Use Code D1 Acreage — Qualified Open-Space Land (1-d-1)
Valuation Productivity
Improvement SF
Land SF 2,671,796 SF
Acres 61.336
Year Built
Legal ABS 390 SUR 77 HORNSBY W ABS 570 SUR 70 MERRILL M ACR 61.336 [1-D-1]
Neighborhood 1NO3
Current Values 2025 Certified
Land$26,717,962
Special Use Land MarketNot Available
Total Land $26,717,962
Improvement
Total Improvement
Market$8,015,388
Special Use Exclusion (−)Not Available
Appraised$8,015,388
Value Limitation Adjustment (−) (homestead cap)−$8,009,167
Net Appraised (assessed) $6,221
Taxable Value $6,221
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 +93.5% from $4,141,284 (2021) to $8,015,388 (2025), a CAGR of 17.9% 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 lagged the broader agricultural market over the same period.

Tax Burden: The combined rate across 6 taxing entities is 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $100. Round Rock ISD is the largest single contributor, at 55.3% of the total 2025 levy.

Assessment Gap: Assessed value ($6,221) is $8,009,167 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
2,671,796 SF
61.336 ac
Value / Bldg SF
all-in (incl. land)
Land $/SF
$10
land value only
Land Value Share
333%
Year Built
Eff. Tax Rate
0.000%
total tax ÷ market value
Assessment Ratio
0.1%
below typical ~100%
Est. Annual Tax
$100
2025 taxable × rate

Value Composition: Land carries 333% of market value ($26,717,962 land vs $0 improvements), about $10/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 $8,015,388, 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 +49.5% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $199,763,378 by 2031, with an estimated annual tax burden around $2,651,760. 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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Why This Property's Tax Bill Changed (2024 → 2025)
▲ Value change added $10 — taxable value went up.
▲ Tax rates added $2 — tax rates went up overall.

Rate effect by entity
Entity 2024 Rate 2025 Rate Rate Effect
Travis County 0.3444% 0.3758% +2
Travis Central Health 0.1080% 0.1180% +1
Travis County ESD #17 0.0370% 0.0305% -0
Austin Community College 0.1013% 0.1034% +0
Travis County ESD # 02 0.0939% 0.0928% -0
Round Rock ISD 0.8931% 0.8931% +0
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: · 61.336 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
IRR Round Rock ISD 1.1336% 1.0626% 0.9190% 0.8931% 0.8931% +0.0000% $55.56 $— $55.56
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $23.38 $— $23.38
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $7.34 $— $7.34
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $6.43 $— $6.43
E02 Travis County ESD # 02 0.0900% 0.0800% 0.0773% 0.0939% 0.0928% -0.0011% $5.77 $— $5.77
E17 Travis County ESD #17 0.0450% 0.0245% 0.0230% 0.0370% 0.0305% -0.0065% $1.90 $— $1.90
Combined Rate 1.8426% 1.6827% 1.5232% 1.5777% 1.6136% +0.0359% $100.38 $0.00 $100.38
2025 Tax Burden — Entity Split
IRR
55.3% $56
TCO
23.3% $23
THD
7.3% $7
ACT
6.4% $6
E02
5.7% $6
E17
1.9% $2
Total: $100
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IRR Round Rock ISD 0.8931% $55.56 55.3%
TCO Travis County 0.3758% $23.38 23.3%
THD Travis Central Health 0.1180% $7.34 7.3%
ACT Austin Community College 0.1034% $6.43 6.4%
E02 Travis County ESD # 02 0.0928% $5.77 5.7%
E17 Travis County ESD #17 0.0305% $1.90 1.9%
Total 1.6136% $100.38 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $26,717,962 $8,015,388 +233.3%
Assessed Value $6,505 $6,221 +4.6%
Land Value $26,717,962 $26,717,962 +0.0%
Improvement Value
Taxable Value $6,505 $6,221 +4.6%
HS Cap Loss -$26,711,457
Total Tax 2026 = estimate
~$105
Estimated
$100
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $26,717,962 $26,717,962 −$26,711,457 $6,505 $6,505 Not yet — post-cert Preliminary
2025 $8,015,388 $26,717,962 −$8,009,167 $6,221 $6,221 $100 Verified
2024 $26,717,962 $26,717,962 −$26,712,404 $5,558 $5,558 $88 Verified
2023 $8,015,388 $8,015,388 −$8,009,551 $5,837 $5,837 $89 Verified
2022 $5,343,592 $8,015,388 −$5,337,986 $5,606 $5,606 $94 Verified
2021 $4,141,284 −$4,136,162 $5,122 $5,122 $94 Verified
Value Trend
Market Value vs. Taxable Value gap up to 100.0%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +233.3% ! +4.6% 0.0% Not available Partial
2025 -70.0% +11.9% 0.1% 0.0000% Verified
2024 +233.3% ! -4.8% 0.0% No billing data Verified
2023 +50.0% +4.1% 0.1% No billing data Verified
2022 +29.0% +9.4% 0.1% No billing data Verified
2021 base year 0.1% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +93.5%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 233% 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 ~$39,952,673 ~$39,952,673 ~1.5564% ~$621,822 +49.5%
2028 ~$59,743,181 ~$59,743,181 ~1.4992% ~$895,646 +123.6%
2029 ~$89,336,895 ~$89,336,895 ~1.4419% ~$1,288,170 +234.4%
2030 ~$133,589,820 ~$133,589,820 ~1.3847% ~$1,849,801 +400.0%
2031 ~$199,763,378 ~$199,763,378 ~1.3275% ~$2,651,760 +647.7%
Submarket Position
Where This Property Stands — Agricultural Benchmark

In 2025, this property's market value of $8,015,388 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 14× 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 $8,015,388 $179,824 $561,432 $1,355,511 ↑ Top 25% +0.0%
2024 $26,717,962 $193,498 $574,650 $1,361,070 ↑ Top 25% +23.7%
2023 $8,015,388 $150,007 $423,072 $1,000,412 ↑ Top 25% +0.0%
2022 $5,343,592 $166,375 $416,994 $932,726 ↑ Top 25% +46.1%
2021 $4,141,284 $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 Verified
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