FURMAN DR 78747
| Owner | M/I HOMES OF AUSTIN LLC |
|---|---|
| Parcel ID | 0340060215 |
| Short ID | 980372 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 5,400 SF |
| Acres | 0.124 |
| Year Built | — |
| Legal | THAXTON SUBD (SMALL LOT) PHS 1 BLK A LOT 15 |
| Neighborhood | H0850 |
| Land | $7,948 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,948 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,948 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,948 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,948 |
| Taxable Value | $7,948 |
|---|
Appreciation: Market value has risen +6.0% from $7,500 (2024) to $7,948 (2025), a CAGR of 6.0% over 1 year. This represents moderate, steady growth. 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 Land/Vacant parcel countywide rose +27.9%, so this parcel has lagged the broader land/vacant 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 $165. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($7,948 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 $7,948, this parcel sits in the bottom quartile (<25th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +105.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,176,270 by 2031, with an estimated annual tax burden around $20,722. 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% | $75.42 | $75.42 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41.65 | $41.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29.87 | $29.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9.38 | $9.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8.22 | $8.22 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $164.54 | $164.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $75.42 | 45.8% |
| CAT City of Austin | 0.5240% | $41.65 | 25.3% |
| TCO Travis County | 0.3758% | $29.87 | 18.2% |
| THD Travis Central Health | 0.1180% | $9.38 | 5.7% |
| ACT Austin Community College | 0.1034% | $8.22 | 5.0% |
| Total | 2.0702% | $164.54 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $31,793 | $7,948 | +300.0% |
| Assessed Value | $9,538 | $7,948 | +20.0% |
| Land Value | $31,793 | $7,948 | +300.0% |
| Improvement Value | — | — | — |
| Taxable Value | $9,538 | $7,948 | +20.0% |
| HS Cap Loss | -$22,255 | — | |
| Total Tax 2026 = estimate |
~$197
Estimated
|
~$165
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $31,793 | $31,793 | — | −$22,255 | $9,538 | $9,538 | Not yet — post-cert | Preliminary |
| 2025 | $7,948 | $7,948 | — | — | $7,948 | $7,948 | ~$165 | Partial |
| 2024 | $7,500 | $7,500 | — | — | $7,500 | $7,500 | $152 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +300.0% ! | +20.0% | 30.0% | Not available | Partial |
| 2025 | +6.0% | +6.0% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +300.0% | +153.0% | +105.9% | +300.0% | 2026 | +6.0% | 2025 |
| Assessment Ratio | 30.0% | 76.7% | — | 100.0% | 2024 | 30.0% | 2026 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$165 | $158 | ~$8,062 | $165 | 2025 | $152 | 2024 |
Market value changed by 300% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$65,459 | ~$65,459 | ~2.0085% | ~$1,315 | +105.9% |
| 2028 | ~$134,773 | ~$134,773 | ~1.9468% | ~$2,624 | +323.9% |
| 2029 | ~$277,483 | ~$277,483 | ~1.8851% | ~$5,231 | +772.8% |
| 2030 | ~$571,310 | ~$571,310 | ~1.8234% | ~$10,417 | +1697.0% |
| 2031 | ~$1,176,270 | ~$1,176,270 | ~1.7617% | ~$20,722 | +3599.8% |
| 2027 | ~$64,823 | ~$64,823 | ~2.0702% | ~$1,342 | +103.9% |
| 2028 | ~$132,167 | ~$132,167 | ~2.0702% | ~$2,736 | +315.7% |
| 2029 | ~$269,475 | ~$269,475 | ~2.0702% | ~$5,579 | +747.6% |
| 2030 | ~$549,433 | ~$549,433 | ~2.0702% | ~$11,374 | +1628.2% |
| 2031 | ~$1,120,238 | ~$1,120,238 | ~2.0702% | ~$23,191 | +3423.5% |
| 2027 | ~$66,094 | ~$66,094 | ~1.9776% | ~$1,307 | +107.9% |
| 2028 | ~$137,404 | ~$137,404 | ~1.8851% | ~$2,590 | +332.2% |
| 2029 | ~$285,648 | ~$285,648 | ~1.7925% | ~$5,120 | +798.5% |
| 2030 | ~$593,834 | ~$593,834 | ~1.7000% | ~$10,095 | +1767.8% |
| 2031 | ~$1,234,522 | ~$1,234,522 | ~1.6074% | ~$19,844 | +3783.0% |
In 2025, this property's market value of $7,948 places it in the bottom 25% for Land/Vacant properties in Travis County (35611 comparable) — -91% below the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $7,948 | $24,862 | $84,423 | $362,804 | ↓ Bottom 25% | +2.1% |
| 2024 | $7,500 | $23,000 | $66,000 | $328,966 | ↓ Bottom 25% | +0.0% |
| 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 | 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 | 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 | — |