OLD LOCKHART RD TX 78610
| Owner | RLS MUSTANG LLC |
|---|---|
| Parcel ID | 0372110527 |
| Short ID | 781264 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 3,956,572 SF |
| Acres | 90.830 |
| Year Built | — |
| Legal | ABS 522 SUR 6 MORA J S ACR 91.81 (1-D-1) |
| Neighborhood | _RGN420 |
| Land | $2,708,046 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,708,046 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,708,046 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,708,046 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,708,046 |
| Taxable Value | $2,708,046 |
|---|
Appreciation: Market value has risen +355.3% from $594,847 (2021) to $2,708,046 (2025), a CAGR of 46.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 6 taxing entities is 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $47,287. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 100% of market value ($2,708,046 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 $2,708,046, 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 +48.5% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $19,582,221 by 2030, with an estimated annual tax burden around $285,686. 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% | $25,696.65 | $25,696.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,178.06 | $10,178.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,196.12 | $3,196.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,800.12 | $2,800.12 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,708.05 | $2,708.05 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,708.05 | $2,708.05 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $47,287.05 | $47,287.05 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $25,696.65 | 54.3% |
| TCO Travis County | 0.3758% | $10,178.06 | 21.5% |
| THD Travis Central Health | 0.1180% | $3,196.12 | 6.8% |
| ACT Austin Community College | 0.1034% | $2,800.12 | 5.9% |
| E11 Travis County ESD # 11 | 0.1000% | $2,708.05 | 5.7% |
| E15 Travis County ESD # 15 | 0.1000% | $2,708.05 | 5.7% |
| Total | 1.7462% | $47,287.05 | 100.0% |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $2,708,046 | — |
| Assessed Value | — | $2,708,046 | — |
| Land Value | — | $2,708,046 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $2,708,046 | — |
| Total Tax | Pending certification |
~$47,287
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,708,046 | $2,708,046 | — | — | $2,708,046 | $2,708,046 | ~$47,287 | Partial |
| 2024 | $826,290 | $2,726,875 | — | −$817,970 | $8,320 | $8,320 | $146 | Verified |
| 2023 | $826,290 | $918,100 | — | −$817,899 | $8,391 | $8,391 | $143 | Verified |
| 2022 | $826,290 | $918,100 | — | −$817,899 | $8,391 | $8,391 | $159 | Verified |
| 2021 | $594,847 | — | — | −$586,804 | $8,043 | $8,043 | $159 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +227.7% ! | +32448.6% | ~100% | Not available | Partial |
| 2024 | +0.0% | -0.8% | 1.0% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | 1.0% | No billing data | Verified |
| 2022 | +38.9% | +4.3% | 1.0% | No billing data | Verified |
| 2021 | base year | — | 1.4% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +355.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +227.7% | +66.6% | +48.5% | +227.7% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 20.9% | — | 100.0% | 2025 | 1.0% | 2022 |
| Effective Tax Rate (2025) | 1.7500% | 1.7500% | — | 1.7500% | 2025 | 1.7500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$47,287 | $9,579 | ~$158,133 | $47,287 | 2025 | $143 | 2023 |
Market value changed by 228% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,022,511 | ~$4,022,511 | ~1.6887% | ~$67,929 | +48.5% |
| 2027 | ~$5,975,007 | ~$5,975,007 | ~1.6313% | ~$97,468 | +120.6% |
| 2028 | ~$8,875,229 | ~$8,875,229 | ~1.5738% | ~$139,679 | +227.7% |
| 2029 | ~$13,183,197 | ~$13,183,197 | ~1.5164% | ~$199,904 | +386.8% |
| 2030 | ~$19,582,221 | ~$19,582,221 | ~1.4589% | ~$285,686 | +623.1% |
| 2026 | ~$3,968,350 | ~$3,968,350 | ~1.7462% | ~$69,294 | +46.5% |
| 2027 | ~$5,815,189 | ~$5,815,189 | ~1.7462% | ~$101,543 | +114.7% |
| 2028 | ~$8,521,534 | ~$8,521,534 | ~1.7462% | ~$148,800 | +214.7% |
| 2029 | ~$12,487,391 | ~$12,487,391 | ~1.7462% | ~$218,051 | +361.1% |
| 2030 | ~$18,298,927 | ~$18,298,927 | ~1.7462% | ~$319,530 | +575.7% |
| 2026 | ~$4,076,672 | ~$4,076,672 | ~1.6600% | ~$67,672 | +50.5% |
| 2027 | ~$6,136,990 | ~$6,136,990 | ~1.5738% | ~$96,585 | +126.6% |
| 2028 | ~$9,238,578 | ~$9,238,578 | ~1.4876% | ~$137,436 | +241.2% |
| 2029 | ~$13,907,685 | ~$13,907,685 | ~1.4015% | ~$194,909 | +413.6% |
| 2030 | ~$20,936,522 | ~$20,936,522 | ~1.3153% | ~$275,372 | +673.1% |
In 2025, this property's market value of $2,708,046 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 | $2,708,046 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $826,290 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $826,290 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $826,290 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $594,847 | $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 |
| 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 | — |