F M RD 812 TX
| Owner | MILLROSE PROPERTIES TEXAS LLC |
|---|---|
| Parcel ID | 0339210107 |
| Short ID | 298815 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 5,383,711 SF |
| Acres | 123.593 |
| Year Built | — |
| Legal | ABS 585 SUR 502 NUNEZ G ACR 84.584 (1-D-1) |
| Neighborhood | _RGN415 |
| Land | $3,249,371 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,249,371 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,249,371 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,249,371 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,236,486 |
| Net Appraised (assessed) | $12,885 |
| Taxable Value | $12,885 |
|---|
Appreciation: Market value has risen +615.1% from $454,421 (2021) to $3,249,371 (2025), a CAGR of 63.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 6 taxing entities is 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $225. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
Assessment Gap: Assessed value ($12,885) is $3,236,486 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 ($3,249,371 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 $3,249,371, 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 +56.7% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $40,978,208 by 2031, with an estimated annual tax burden around $597,833. 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% | $122.27 | $122.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $48.43 | $48.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15.21 | $15.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13.32 | $13.32 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $12.89 | $12.89 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $12.89 | $12.89 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $225.01 | $225.01 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $122.27 | 54.3% |
| TCO Travis County | 0.3758% | $48.43 | 21.5% |
| THD Travis Central Health | 0.1180% | $15.21 | 6.8% |
| ACT Austin Community College | 0.1034% | $13.32 | 5.9% |
| E11 Travis County ESD # 11 | 0.1000% | $12.89 | 5.7% |
| E15 Travis County ESD # 15 | 0.1000% | $12.89 | 5.7% |
| Total | 1.7462% | $225.01 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,335,938 | $3,249,371 | +33.4% |
| Assessed Value | $13,553 | $12,885 | +5.2% |
| Land Value | $4,335,938 | $3,249,371 | +33.4% |
| Improvement Value | — | — | — |
| Taxable Value | $13,553 | $12,885 | +5.2% |
| HS Cap Loss | -$4,322,385 | — | |
| Total Tax 2026 = estimate |
~$237
Estimated
|
~$225
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,335,938 | $4,335,938 | — | −$4,322,385 | $13,553 | $13,553 | Not yet — post-cert | Preliminary |
| 2025 | $3,249,371 | $3,249,371 | — | −$3,236,486 | $12,885 | $12,885 | ~$225 | Partial |
| 2024 | $2,155,179 | $2,155,179 | — | −$2,147,514 | $7,665 | $7,665 | $134 | Verified |
| 2023 | $718,964 | $718,964 | — | −$710,914 | $8,050 | $8,050 | $137 | Verified |
| 2022 | $718,964 | $718,964 | — | −$711,233 | $7,731 | $7,731 | $146 | Verified |
| 2021 | $454,421 | — | — | −$447,011 | $7,410 | $7,410 | $146 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.4% | +5.2% | 0.3% | Not available | Partial |
| 2025 | +50.8% | +68.1% | 0.4% | Not available | Partial |
| 2024 | +199.8% ! | -4.8% | 0.4% | No billing data | Verified |
| 2023 | +0.0% | +4.1% | 1.1% | No billing data | Verified |
| 2022 | +58.2% | +4.3% | 1.1% | No billing data | Verified |
| 2021 | base year | — | 1.6% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +615.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +33.4% | +68.4% | +56.7% | +199.8% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 0.3% | 0.8% | — | 1.6% | 2021 | 0.3% | 2026 |
| 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 |
$225 | $158 | ~$309,081 | $225 | 2025 | $134 | 2024 |
Market value changed by 200% 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 | ~$6,794,806 | ~$6,794,806 | ~1.6887% | ~$114,745 | +56.7% |
| 2028 | ~$10,648,073 | ~$10,648,073 | ~1.6313% | ~$173,698 | +145.6% |
| 2029 | ~$16,686,490 | ~$16,686,490 | ~1.5738% | ~$262,614 | +284.8% |
| 2030 | ~$26,149,235 | ~$26,149,235 | ~1.5164% | ~$396,516 | +503.1% |
| 2031 | ~$40,978,208 | ~$40,978,208 | ~1.4589% | ~$597,833 | +845.1% |
| 2027 | ~$6,708,087 | ~$6,708,087 | ~1.7462% | ~$117,134 | +54.7% |
| 2028 | ~$10,378,015 | ~$10,378,015 | ~1.7462% | ~$181,218 | +139.3% |
| 2029 | ~$16,055,725 | ~$16,055,725 | ~1.7462% | ~$280,360 | +270.3% |
| 2030 | ~$24,839,654 | ~$24,839,654 | ~1.7462% | ~$433,742 | +472.9% |
| 2031 | ~$38,429,184 | ~$38,429,184 | ~1.7462% | ~$671,038 | +786.3% |
| 2027 | ~$6,881,524 | ~$6,881,524 | ~1.6600% | ~$114,233 | +58.7% |
| 2028 | ~$10,921,600 | ~$10,921,600 | ~1.5738% | ~$171,885 | +151.9% |
| 2029 | ~$17,333,563 | ~$17,333,563 | ~1.4876% | ~$257,859 | +299.8% |
| 2030 | ~$27,509,927 | ~$27,509,927 | ~1.4015% | ~$385,538 | +534.5% |
| 2031 | ~$43,660,735 | ~$43,660,735 | ~1.3153% | ~$574,258 | +907.0% |
In 2025, this property's market value of $3,249,371 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 6× 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 | $3,249,371 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $2,155,179 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $718,964 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $718,964 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $454,421 | $105,498 | $286,444 | $607,111 | ↑ Above 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 | — |