GRAEF RD TX 78610
| Owner | 45 WILLIAMSON LLC |
|---|---|
| Parcel ID | 0372010509 |
| Short ID | 484023 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 1,784,305 SF |
| Acres | 40.962 |
| Year Built | — |
| Legal | ABS 159 SUR 7 CORBIN W P ACR 40.983 (1-D-1) |
| Neighborhood | _RGN435 |
| Land | $1,513,319 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,513,319 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,513,319 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,513,319 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,508,607 |
| Net Appraised (assessed) | $4,712 |
| Taxable Value | $4,712 |
|---|
Appreciation: Market value has risen +720.6% from $184,424 (2021) to $1,513,319 (2025), a CAGR of 69.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 5 taxing entities is 0.7973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $38. Travis County is the largest single contributor, at 47.2% of the total 2025 levy.
Assessment Gap: Assessed value ($4,712) is $1,508,607 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 ($1,513,319 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 $1,513,319, 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 +11.4% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,807,290 by 2031, with an estimated annual tax burden around $23,199. 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17.71 | $17.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5.56 | $5.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4.87 | $4.87 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $4.71 | $4.71 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $4.71 | $4.71 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $37.56 | $37.56 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $17.71 | 47.2% |
| THD Travis Central Health | 0.1180% | $5.56 | 14.8% |
| ACT Austin Community College | 0.1034% | $4.87 | 13.0% |
| E11 Travis County ESD # 11 | 0.1000% | $4.71 | 12.5% |
| E15 Travis County ESD # 15 | 0.1000% | $4.71 | 12.5% |
| Total | 0.7973% | $37.56 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,638,480 | $1,513,319 | +8.3% |
| Assessed Value | $5,355 | $4,712 | +13.6% |
| Land Value | $1,638,480 | $1,513,319 | +8.3% |
| Improvement Value | — | — | — |
| Taxable Value | $5,355 | $4,712 | +13.6% |
| HS Cap Loss | -$1,633,125 | — | |
| Total Tax 2026 = estimate |
~$43
Estimated
|
~$38
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,638,480 | $1,638,480 | — | −$1,633,125 | $5,355 | $5,355 | Not yet — post-cert | Preliminary |
| 2025 | $1,513,319 | $1,513,319 | — | −$1,508,607 | $4,712 | $4,712 | ~$38 | Partial |
| 2024 | $1,513,319 | $1,513,319 | — | −$1,508,974 | $4,345 | $4,345 | $33 | Verified |
| 2023 | $1,065,036 | $1,120,769 | — | −$1,059,264 | $5,772 | $5,772 | $41 | Verified |
| 2022 | $1,065,036 | $1,121,090 | — | −$1,058,249 | $6,787 | $6,787 | $48 | Verified |
| 2021 | $184,424 | — | — | −$180,834 | $3,590 | $3,590 | $28 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.3% | +13.6% | 0.3% | Not available | Partial |
| 2025 | +0.0% | +8.4% | 0.3% | Not available | Partial |
| 2024 | +42.1% | -24.7% | 0.3% | No billing data | Verified |
| 2023 | +0.0% | -15.0% | 0.5% | No billing data | Verified |
| 2022 | +477.5% ! | +89.1% | 0.6% | No billing data | Verified |
| 2021 | base year | — | 2.0% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +720.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.3% | +105.6% | +11.4% | +477.5% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 0.3% | 0.7% | — | 1.9% | 2021 | 0.3% | 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 |
$38 | $37 | ~$18,683 | $48 | 2022 | $28 | 2021 |
Market value changed by 477% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,824,779 | ~$1,824,779 | ~0.8031% | ~$14,655 | +11.4% |
| 2028 | ~$2,032,261 | ~$2,032,261 | ~0.8089% | ~$16,439 | +24.0% |
| 2029 | ~$2,263,335 | ~$2,263,335 | ~0.8147% | ~$18,440 | +38.1% |
| 2030 | ~$2,520,682 | ~$2,520,682 | ~0.8206% | ~$20,684 | +53.8% |
| 2031 | ~$2,807,290 | ~$2,807,290 | ~0.8264% | ~$23,199 | +71.3% |
| 2027 | ~$1,792,010 | ~$1,792,010 | ~0.7973% | ~$14,287 | +9.4% |
| 2028 | ~$1,959,926 | ~$1,959,926 | ~0.7973% | ~$15,626 | +19.6% |
| 2029 | ~$2,143,576 | ~$2,143,576 | ~0.7973% | ~$17,090 | +30.8% |
| 2030 | ~$2,344,434 | ~$2,344,434 | ~0.7973% | ~$18,691 | +43.1% |
| 2031 | ~$2,564,114 | ~$2,564,114 | ~0.7973% | ~$20,443 | +56.5% |
| 2027 | ~$1,857,549 | ~$1,857,549 | ~0.8060% | ~$14,972 | +13.4% |
| 2028 | ~$2,105,908 | ~$2,105,908 | ~0.8147% | ~$17,158 | +28.5% |
| 2029 | ~$2,387,473 | ~$2,387,473 | ~0.8235% | ~$19,660 | +45.7% |
| 2030 | ~$2,706,685 | ~$2,706,685 | ~0.8322% | ~$22,525 | +65.2% |
| 2031 | ~$3,068,575 | ~$3,068,575 | ~0.8409% | ~$25,805 | +87.3% |
In 2025, this property's market value of $1,513,319 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — +170% above 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 | $1,513,319 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $1,513,319 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $1,065,036 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $1,065,036 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $184,424 | $105,498 | $286,444 | $607,111 | ↓ Below 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 | — |