OLD LOCKHART RD TX 78610
| Owner | WILDFLOWER MEADOWS AUSTIN LLC |
|---|---|
| Parcel ID | 0372110223 |
| Short ID | 301584 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 4,116,420 SF |
| Acres | 94.500 |
| Year Built | — |
| Legal | ABS 2131 SUR 52 SEINEGAS IRG & AGRI CO ACR 94.5 (1-D-1) |
| Neighborhood | _RGN420 |
| Land | $2,831,438 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,831,438 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,811,101 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,811,101 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,802,729 |
| Net Appraised (assessed) | $8,372 |
| Taxable Value | $8,372 |
|---|
Appreciation: Market value has risen +218.9% from $881,628 (2021) to $2,811,101 (2025), a CAGR of 33.6% over 4 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 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 7 taxing entities is 2.0169% in 2025 (+0.0275% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $169. Del Valle ISD is the largest single contributor, at 47.0% of the total 2025 levy.
Assessment Gap: Assessed value ($8,372) is $2,802,729 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 101% of market value ($2,831,438 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 $2,811,101, 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 +39.9% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $20,230,343 by 2031, with an estimated annual tax burden around $320,226. 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% | $79.44 | $79.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $31.47 | $31.47 | Paid |
| CMR City of Mustang Ridge | 0.3882% | 0.3112% | 0.2652% | 0.2388% | 0.2708% | +0.0320% | $22.67 | $22.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9.88 | $9.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8.66 | $8.66 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $8.37 | $8.37 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $8.37 | $8.37 | Paid |
| Combined Rate | 2.3642% | 2.2012% | 1.9719% | 1.9894% | 2.0169% | +0.0275% | $168.86 | $168.86 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $79.44 | 47.0% |
| TCO Travis County | 0.3758% | $31.47 | 18.6% |
| CMR City of Mustang Ridge | 0.2708% | $22.67 | 13.4% |
| THD Travis Central Health | 0.1180% | $9.88 | 5.9% |
| ACT Austin Community College | 0.1034% | $8.66 | 5.1% |
| E15 Travis County ESD # 15 | 0.1000% | $8.37 | 5.0% |
| E11 Travis County ESD # 11 | 0.1000% | $8.37 | 5.0% |
| Total | 2.0169% | $168.86 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,780,000 | $2,811,101 | +34.5% |
| Assessed Value | $7,760 | $8,372 | -7.3% |
| Land Value | $3,780,000 | $2,831,438 | +33.5% |
| Improvement Value | — | — | — |
| Taxable Value | $7,760 | $8,372 | -7.3% |
| HS Cap Loss | -$3,772,240 | — | |
| Total Tax 2026 = estimate |
~$157
Estimated
|
~$169
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,780,000 | $3,780,000 | — | −$3,772,240 | $7,760 | $7,760 | Not yet — post-cert | Preliminary |
| 2025 | $2,811,101 | $2,831,438 | — | −$2,802,729 | $8,372 | $8,372 | ~$169 | Partial |
| 2024 | $2,831,438 | $2,831,438 | — | −$2,824,574 | $6,864 | $6,864 | $137 | Verified |
| 2023 | $945,000 | $945,000 | — | −$938,313 | $6,687 | $6,687 | $132 | Verified |
| 2022 | $987,831 | $987,831 | — | −$979,194 | $8,637 | $8,637 | $190 | Verified |
| 2021 | $881,628 | — | — | −$873,350 | $8,278 | $8,278 | $196 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +34.5% | -7.3% | 0.2% | Not available | Partial |
| 2025 | -0.7% | +22.0% | 0.3% | Not available | Partial |
| 2024 | +199.6% ! | +2.6% | 0.2% | No billing data | Verified |
| 2023 | -4.3% | -22.6% | 0.7% | No billing data | Verified |
| 2022 | +12.0% | +4.3% | 0.9% | No billing data | Verified |
| 2021 | base year | — | 0.9% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +218.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +34.5% | +48.2% | +39.9% | +199.6% | 2024 | -4.3% | 2023 |
| Assessment Ratio | 0.2% | 0.5% | — | 0.9% | 2021 | 0.2% | 2024 |
| 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 |
$169 | $165 | ~$196,348 | $196 | 2021 | $132 | 2023 |
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 | ~$5,286,815 | ~$5,286,815 | ~1.9301% | ~$102,043 | +39.9% |
| 2028 | ~$7,394,288 | ~$7,394,288 | ~1.8433% | ~$136,301 | +95.6% |
| 2029 | ~$10,341,860 | ~$10,341,860 | ~1.7565% | ~$181,656 | +173.6% |
| 2030 | ~$14,464,417 | ~$14,464,417 | ~1.6697% | ~$241,513 | +282.7% |
| 2031 | ~$20,230,343 | ~$20,230,343 | ~1.5829% | ~$320,226 | +435.2% |
| 2027 | ~$5,211,215 | ~$5,211,215 | ~2.0169% | ~$105,107 | +37.9% |
| 2028 | ~$7,184,328 | ~$7,184,328 | ~2.0169% | ~$144,904 | +90.1% |
| 2029 | ~$9,904,517 | ~$9,904,517 | ~2.0169% | ~$199,768 | +162.0% |
| 2030 | ~$13,654,646 | ~$13,654,646 | ~2.0169% | ~$275,406 | +261.2% |
| 2031 | ~$18,824,681 | ~$18,824,681 | ~2.0169% | ~$379,683 | +398.0% |
| 2027 | ~$5,362,415 | ~$5,362,415 | ~1.8867% | ~$101,174 | +41.9% |
| 2028 | ~$7,607,273 | ~$7,607,273 | ~1.7565% | ~$133,623 | +101.3% |
| 2029 | ~$10,791,892 | ~$10,791,892 | ~1.6263% | ~$175,509 | +185.5% |
| 2030 | ~$15,309,682 | ~$15,309,682 | ~1.4961% | ~$229,046 | +305.0% |
| 2031 | ~$21,718,747 | ~$21,718,747 | ~1.3659% | ~$296,651 | +474.6% |
In 2025, this property's market value of $2,811,101 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 5× 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 | $2,811,101 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $2,831,438 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $945,000 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $987,831 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $881,628 | $105,498 | $286,444 | $607,111 | ↑ Top 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 | — |