12301 SAINT THOMAS DR TX 78617
| Owner | MERITAGE HOMES OF TEXAS LLC |
|---|---|
| Parcel ID | 0326430406 |
| Short ID | 586960 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 8,025 SF |
| Acres | 0.184 |
| Year Built | — |
| Legal | LOT 12 BLK H LEXINGTON PARKE SEC 1 [1-D-1] |
| Neighborhood | G0340 |
| Land | $14,703 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,703 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $14,703 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,703 |
| Value Limitation Adjustment (−) (homestead cap) | −$5,703 |
| Net Appraised (assessed) | $9,000 |
| Taxable Value | $9,000 |
|---|
Appreciation: Market value has risen +78.2% from $8,250 (2021) to $14,703 (2025), a CAGR of 15.5% over 4 years. This is strong appreciation — well above typical inflation. 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 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $186. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Assessment Gap: Assessed value ($9,000) is $5,703 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 ($14,703 land vs $0 improvements), about $2/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 $14,703, this parcel sits in the bottom quartile (<25th 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 +63.4% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $685,090 by 2031, with an estimated annual tax burden around $12,069. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $85.40 | $85.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47.16 | $47.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33.83 | $33.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10.62 | $10.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9.31 | $9.31 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $186.32 | $186.32 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $85.40 | 45.8% |
| CAT City of Austin | 0.5240% | $47.16 | 25.3% |
| TCO Travis County | 0.3758% | $33.83 | 18.2% |
| THD Travis Central Health | 0.1180% | $10.62 | 5.7% |
| ACT Austin Community College | 0.1034% | $9.31 | 5.0% |
| Total | 2.0702% | $186.32 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,813 | $14,703 | +300.0% |
| Assessed Value | $10,800 | $9,000 | +20.0% |
| Land Value | $58,813 | $14,703 | +300.0% |
| Improvement Value | — | — | — |
| Taxable Value | $10,800 | $9,000 | +20.0% |
| HS Cap Loss | -$48,013 | — | |
| Total Tax 2026 = estimate |
~$224
Estimated
|
~$186
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $58,813 | $58,813 | — | −$48,013 | $10,800 | $10,800 | Not yet — post-cert | Preliminary |
| 2025 | $14,703 | $14,703 | — | −$5,703 | $9,000 | $9,000 | ~$186 | Partial |
| 2024 | $7,500 | $7,500 | — | — | $7,500 | $7,500 | $152 | Verified |
| 2023 | $8,250 | $8,250 | — | — | $8,250 | $8,250 | $161 | Verified |
| 2022 | $8,250 | $8,250 | — | −$8,233 | $17 | $17 | $0 | Verified |
| 2021 | $8,250 | — | — | −$8,234 | $16 | $16 | $0 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +300.0% ! | +20.0% | 18.4% | Not available | Partial |
| 2025 | +96.0% ! | +20.0% | 61.2% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +48429.4% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +6.2% | 0.2% | No billing data | Verified |
| 2021 | base year | — | 0.2% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +300.0% | +77.4% | +63.4% | +300.0% | 2026 | -9.1% | 2024 |
| Assessment Ratio | 18.4% | 46.7% | — | 100.0% | 2023 | 0.2% | 2021 |
| Effective Tax Rate (2025) | 1.2700% | 1.2700% | — | 1.2700% | 2025 | 1.2700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$186 | $100 | ~$5,908 | $186 | 2025 | $0 | 2022 |
Market value changed by 96% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$96,101 | ~$96,101 | ~2.0085% | ~$1,930 | +63.4% |
| 2028 | ~$157,030 | ~$157,030 | ~1.9468% | ~$3,057 | +167.0% |
| 2029 | ~$256,589 | ~$256,589 | ~1.8851% | ~$4,837 | +336.3% |
| 2030 | ~$419,269 | ~$419,269 | ~1.8234% | ~$7,645 | +612.9% |
| 2031 | ~$685,090 | ~$685,090 | ~1.7617% | ~$12,069 | +1064.9% |
| 2027 | ~$94,925 | ~$94,925 | ~2.0702% | ~$1,965 | +61.4% |
| 2028 | ~$153,210 | ~$153,210 | ~2.0702% | ~$3,172 | +160.5% |
| 2029 | ~$247,282 | ~$247,282 | ~2.0702% | ~$5,119 | +320.5% |
| 2030 | ~$399,116 | ~$399,116 | ~2.0702% | ~$8,262 | +578.6% |
| 2031 | ~$644,177 | ~$644,177 | ~2.0702% | ~$13,336 | +995.3% |
| 2027 | ~$97,277 | ~$97,277 | ~1.9776% | ~$1,924 | +65.4% |
| 2028 | ~$160,898 | ~$160,898 | ~1.8851% | ~$3,033 | +173.6% |
| 2029 | ~$266,127 | ~$266,127 | ~1.7925% | ~$4,770 | +352.5% |
| 2030 | ~$440,176 | ~$440,176 | ~1.7000% | ~$7,483 | +648.4% |
| 2031 | ~$728,056 | ~$728,056 | ~1.6074% | ~$11,703 | +1137.9% |
In 2025, this property's market value of $14,703 places it in the bottom 25% for Agricultural properties in Travis County (7602 comparable) — -97% below 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 | $14,703 | $179,824 | $561,432 | $1,355,511 | ↓ Bottom 25% | +0.0% |
| 2024 | $7,500 | $193,498 | $574,650 | $1,361,070 | ↓ Bottom 25% | +23.7% |
| 2023 | $8,250 | $150,007 | $423,072 | $1,000,412 | ↓ Bottom 25% | +0.0% |
| 2022 | $8,250 | $166,375 | $416,994 | $932,726 | ↓ Bottom 25% | +46.1% |
| 2021 | $8,250 | $105,498 | $286,444 | $607,111 | ↓ Bottom 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 | — |