N F M RD 973 TX
| Owner | SHRI LAKSHMI PRASANNA |
|---|---|
| Parcel ID | 0275900201 |
| Short ID | 278309 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 9,061,787 SF |
| Acres | 208.030 |
| Year Built | — |
| Legal | ABS 2708 SUR 7 HAYS W C ACR 208.0300 (1-D-1) (14.200AC IN TRAVIS CO) |
| Neighborhood | _RGN320 |
| Land | $7,269,699 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,269,699 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,269,699 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,269,699 |
| Value Limitation Adjustment (−) (homestead cap) | −$7,231,823 |
| Net Appraised (assessed) | $37,876 |
| Taxable Value | $37,876 |
|---|
Appreciation: Market value has risen +420.4% from $1,396,959 (2021) to $7,269,699 (2025), a CAGR of 51.0% 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 1.7488% in 2025 (+0.0356% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $662. Coupland ISD is the largest single contributor, at 66.5% of the total 2025 levy.
Assessment Gap: Assessed value ($37,876) is $7,231,823 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 ($7,269,699 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 $7,269,699, 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 $24,640,459 by 2031, with an estimated annual tax burden around $487,533. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ICO Coupland ISD | 1.0059% | 0.9497% | 1.1692% | 1.1669% | 1.1622% | -0.0047% | $30.81 | $30.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9.96 | $9.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3.13 | $3.13 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $2.46 | $2.46 | Paid |
| Combined Rate | 1.5650% | 1.4466% | 1.6518% | 1.7132% | 1.7488% | +0.0356% | $46.36 | $46.36 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ICO Coupland ISD | 1.1622% | $30.81 | 66.5% |
| TCO Travis County | 0.3758% | $9.96 | 21.5% |
| THD Travis Central Health | 0.1180% | $3.13 | 6.8% |
| E02 Travis County ESD # 02 | 0.0928% | $2.46 | 5.3% |
| Total | 1.7488% | $46.36 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,240,900 | $7,269,699 | -14.2% |
| Assessed Value | $40,241 | $37,876 | +6.2% |
| Land Value | $6,240,900 | $7,269,699 | -14.2% |
| Improvement Value | — | — | — |
| Taxable Value | $40,241 | $37,876 | +6.2% |
| HS Cap Loss | -$6,200,659 | — | |
| Total Tax 2026 = estimate |
~$704
Estimated
|
~$46
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,240,900 | $6,240,900 | — | −$6,200,659 | $40,241 | $40,241 | Not yet — post-cert | Preliminary |
| 2025 | $7,269,699 | $7,269,699 | — | −$7,231,823 | $37,876 | $37,876 | ~$46 | Partial |
| 2024 | $7,269,699 | $7,269,699 | — | −$7,267,462 | $2,237 | $2,237 | $38 | Verified |
| 2023 | $2,080,300 | $2,080,300 | — | −$2,078,140 | $2,160 | $2,160 | $36 | Verified |
| 2022 | $2,080,300 | $2,080,300 | — | −$2,078,297 | $2,003 | $2,003 | $29 | Verified |
| 2021 | $1,396,959 | — | — | −$1,368,014 | $28,945 | $2,026 | $32 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.2% | +6.2% | 0.6% | Not available | Partial |
| 2025 | +0.0% | +1593.2% | 0.5% | Not available | Partial |
| 2024 | +249.5% ! | +3.6% | 0.0% | No billing data | Verified |
| 2023 | +0.0% | +7.8% | 0.1% | No billing data | Verified |
| 2022 | +48.9% | -93.1% | 0.1% | No billing data | Verified |
| 2021 | base year | — | 2.1% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +420.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.2% | +56.8% | +31.6% | +249.5% | 2024 | -14.2% | 2026 |
| Assessment Ratio | 0.6% | 0.6% | — | 2.1% | 2021 | 0.0% | 2024 |
| 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 |
$46 | $36 | ~$292,833 | $46 | 2025 | $29 | 2022 |
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 | ~$8,213,486 | ~$8,213,486 | ~1.7948% | ~$147,414 | +31.6% |
| 2028 | ~$10,809,556 | ~$10,809,556 | ~1.8407% | ~$198,975 | +73.2% |
| 2029 | ~$14,226,176 | ~$14,226,176 | ~1.8867% | ~$268,403 | +128.0% |
| 2030 | ~$18,722,700 | ~$18,722,700 | ~1.9326% | ~$361,842 | +200.0% |
| 2031 | ~$24,640,459 | ~$24,640,459 | ~1.9786% | ~$487,533 | +294.8% |
| 2027 | ~$8,088,668 | ~$8,088,668 | ~1.7488% | ~$141,457 | +29.6% |
| 2028 | ~$10,483,513 | ~$10,483,513 | ~1.7488% | ~$183,339 | +68.0% |
| 2029 | ~$13,587,408 | ~$13,587,408 | ~1.7488% | ~$237,621 | +117.7% |
| 2030 | ~$17,610,287 | ~$17,610,287 | ~1.7488% | ~$307,975 | +182.2% |
| 2031 | ~$22,824,235 | ~$22,824,235 | ~1.7488% | ~$399,158 | +265.7% |
| 2027 | ~$8,338,304 | ~$8,338,304 | ~1.8178% | ~$151,570 | +33.6% |
| 2028 | ~$11,140,592 | ~$11,140,592 | ~1.8867% | ~$210,188 | +78.5% |
| 2029 | ~$14,884,655 | ~$14,884,655 | ~1.9556% | ~$291,086 | +138.5% |
| 2030 | ~$19,887,001 | ~$19,887,001 | ~2.0245% | ~$402,620 | +218.7% |
| 2031 | ~$26,570,505 | ~$26,570,505 | ~2.0935% | ~$556,244 | +325.7% |
In 2025, this property's market value of $7,269,699 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 13× 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 | $7,269,699 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $7,269,699 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $2,080,300 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $2,080,300 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $1,396,959 | $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 | — |