12001 TAPIT DR 78610
| Owner | BENAVIDES RICHARD JR |
|---|---|
| Parcel ID | 0369130254 |
| Short ID | 970938 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,551 SF |
| Land SF | 6,453 SF |
| Acres | 0.148 |
| Year Built | 2023 |
| Legal | DEL CABALLO UNIT 1 BLK 2 LOT 1 |
| Neighborhood | H1501 |
| Land | $63,595 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,595 |
| Improvement | $230,989 |
|---|---|
| Total Improvement | $230,989 |
| Market | $294,584 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $294,584 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $294,584 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $294,584 |
Appreciation: Market value has risen +391.0% from $60,000 (2023) to $294,584 (2025), a CAGR of 121.6% over 2 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 Land/Vacant parcel countywide rose +18.1%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 8 taxing entities is 2.9169% in 2025 (+0.0275% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,593. Travis County MUD #26 is the largest single contributor, at 38.0% 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 22% of market value ($63,595 land vs $230,989 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $294,584, this parcel sits in the upper-middle (50th–75th 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 +70.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,188,446 by 2031, with an estimated annual tax burden around $13,512. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,551 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,551 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 156 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
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 |
|---|---|---|---|---|---|---|---|---|---|
| U10F Travis County MUD #26 | 0.6100% | 0.7725% | 0.9000% | 0.9000% | 0.9000% | +0.0000% | $2,651.26 | $2,651.26 | Paid |
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $1,466.85 | $1,466.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $885.74 | $885.74 | Paid |
| CMR City of Mustang Ridge | 0.3882% | 0.3112% | 0.2652% | 0.2388% | 0.2708% | +0.0320% | $797.66 | $797.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $299.43 | $299.43 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $294.58 | $294.58 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $294.58 | $294.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $278.14 | $278.14 | Paid |
| Combined Rate | 2.9742% | 2.9737% | 2.8719% | 2.8894% | 2.9169% | +0.0275% | $6,968.24 | $6,968.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| U10F Travis County MUD #26 | 0.9000% | $2,651.26 | 38.0% |
| IDV Del Valle ISD | 0.9489% | $1,466.85 | 21.1% |
| TCO Travis County | 0.3758% | $885.74 | 12.7% |
| CMR City of Mustang Ridge | 0.2708% | $797.66 | 11.4% |
| ACT Austin Community College | 0.1034% | $299.43 | 4.3% |
| E11 Travis County ESD # 11 | 0.1000% | $294.58 | 4.2% |
| E15 Travis County ESD # 15 | 0.1000% | $294.58 | 4.2% |
| THD Travis Central Health | 0.1180% | $278.14 | 4.0% |
| Total | 2.9169% | $6,968.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $294,859 | $294,584 | +0.1% |
| Assessed Value | $294,859 | $294,584 | +0.1% |
| Land Value | $63,595 | $63,595 | +0.0% |
| Improvement Value | $231,264 | $230,989 | +0.1% |
| Taxable Value | $294,859 | $294,584 | +0.1% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$8,601
Estimated
|
~$6,968
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $294,859 | $63,595 | $231,264 | — | $294,859 | $294,859 | Not yet — post-cert | Preliminary |
| 2025 | $294,584 | $63,595 | $230,989 | — | $294,584 | $294,584 | ~$6,968 | Partial |
| 2024 | $317,453 | $60,000 | $257,453 | — | $317,453 | $253,962 | $7,883 | Verified |
| 2023 | $60,000 | $60,000 | — | — | $60,000 | $60,000 | $1,289 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2024 | +429.1% ! | +429.1% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +391.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +140.7% | +70.0% | +429.1% | 2024 | -7.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 2.3700% | 2.3700% | — | 2.3700% | 2025 | 2.3700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,968 | $5,380 | ~$11,371 | $7,883 | 2024 | $1,289 | 2023 |
Market value changed by 429% 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 | ~$501,305 | ~$324,345 | ~2.9026% | ~$9,415 | +70.0% |
| 2028 | ~$852,295 | ~$356,779 | ~2.8883% | ~$10,305 | +189.1% |
| 2029 | ~$1,449,030 | ~$392,457 | ~2.8740% | ~$11,279 | +391.4% |
| 2030 | ~$2,463,572 | ~$431,703 | ~2.8597% | ~$12,345 | +735.5% |
| 2031 | ~$4,188,446 | ~$474,873 | ~2.8454% | ~$13,512 | +1320.5% |
| 2027 | ~$495,408 | ~$324,345 | ~2.9169% | ~$9,461 | +68.0% |
| 2028 | ~$832,360 | ~$356,779 | ~2.9169% | ~$10,407 | +182.3% |
| 2029 | ~$1,398,492 | ~$392,457 | ~2.9169% | ~$11,448 | +374.3% |
| 2030 | ~$2,349,679 | ~$431,703 | ~2.9169% | ~$12,593 | +696.9% |
| 2031 | ~$3,947,817 | ~$474,873 | ~2.9169% | ~$13,852 | +1238.9% |
| 2027 | ~$507,202 | ~$324,345 | ~2.8955% | ~$9,391 | +72.0% |
| 2028 | ~$872,465 | ~$356,779 | ~2.8740% | ~$10,254 | +195.9% |
| 2029 | ~$1,500,772 | ~$392,457 | ~2.8526% | ~$11,195 | +409.0% |
| 2030 | ~$2,581,556 | ~$431,703 | ~2.8311% | ~$12,222 | +775.5% |
| 2031 | ~$4,440,668 | ~$474,873 | ~2.8096% | ~$13,342 | +1406.0% |
In 2025, this property's market value of $294,584 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 3× 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 | $294,584 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $317,453 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $60,000 | $24,692 | $71,500 | $270,000 | ↓ Below median | +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 | 2023–2024 | 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 | 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 | — |