7505 LENAPE TRL TX 78736
| Owner | BACKHOLM STEPHEN & PAIGE BACKHOLM |
|---|---|
| Parcel ID | 0402580318 |
| Short ID | 304986 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 30,970 SF |
| Acres | 0.711 |
| Year Built | — |
| Legal | LOT 22 BLK 1 OVERLOOK ESTATES PHS 1 THE |
| Neighborhood | P0750 |
| Land | $333,134 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $333,134 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $333,134 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $333,134 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $333,134 |
| Taxable Value | $333,134 |
|---|
Appreciation: Market value has risen +93.1% from $172,500 (2021) to $333,134 (2025), a CAGR of 17.9% 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.5815% in 2025 (+0.0243% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,268. Austin ISD is the largest single contributor, at 58.5% 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 ($333,134 land vs $0 improvements), about $11/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 $333,134, 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 +19.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,005,240 by 2031, with an estimated annual tax burden around $9,222. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,082.16 | $3,082.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,252.07 | $1,252.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $393.17 | $393.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $344.46 | $344.46 | Paid |
| E03 Travis County ESD # 03 | 0.0650% | 0.0450% | 0.0400% | 0.0530% | 0.0590% | +0.0060% | $196.55 | $196.55 | Paid |
| Combined Rate | 1.7007% | 1.5572% | 1.4034% | 1.5572% | 1.5815% | +0.0243% | $5,268.41 | $5,268.41 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,082.16 | 58.5% |
| TCO Travis County | 0.3758% | $1,252.07 | 23.8% |
| THD Travis Central Health | 0.1180% | $393.17 | 7.5% |
| ACT Austin Community College | 0.1034% | $344.46 | 6.5% |
| E03 Travis County ESD # 03 | 0.0590% | $196.55 | 3.7% |
| Total | 1.5815% | $5,268.41 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $416,418 | $333,134 | +25.0% |
| Assessed Value | $399,761 | $333,134 | +20.0% |
| Land Value | $416,418 | $333,134 | +25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $399,761 | $333,134 | +20.0% |
| HS Cap Loss | -$16,657 | — | |
| Total Tax 2026 = estimate |
~$6,322
Estimated
|
~$5,268
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $416,418 | $416,418 | — | −$16,657 | $399,761 | $399,761 | Not yet — post-cert | Preliminary |
| 2025 | $333,134 | $333,134 | — | — | $333,134 | $333,134 | ~$5,268 | Partial |
| 2024 | $200,000 | $200,000 | — | — | $200,000 | $200,000 | $3,114 | Verified |
| 2023 | $172,500 | $172,500 | — | — | $172,500 | $172,500 | $2,421 | Verified |
| 2022 | $190,921 | $172,500 | $18,421 | — | $190,921 | $190,921 | $2,973 | Verified |
| 2021 | $172,500 | $172,500 | — | — | $172,500 | $172,500 | $2,934 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.0% | +20.0% | 96.0% | Not available | Partial |
| 2025 | +66.6% | +66.6% | ~100% | Not available | Partial |
| 2024 | +15.9% | +15.9% | ~100% | No billing data | Verified |
| 2023 | -9.6% | -9.6% | ~100% | No billing data | Verified |
| 2022 | +10.7% | +10.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +93.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.0% | +21.7% | +19.3% | +66.6% | 2025 | -9.6% | 2023 |
| Assessment Ratio | 96.0% | 99.3% | — | 100.0% | 2021 | 96.0% | 2026 |
| Effective Tax Rate (2025) | 1.5800% | 1.5800% | — | 1.5800% | 2025 | 1.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,268 | $3,342 | ~$7,981 | $5,268 | 2025 | $2,421 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$496,681 | ~$439,737 | ~1.5517% | ~$6,823 | +19.3% |
| 2028 | ~$592,414 | ~$483,711 | ~1.5219% | ~$7,361 | +42.3% |
| 2029 | ~$706,600 | ~$532,082 | ~1.4921% | ~$7,939 | +69.7% |
| 2030 | ~$842,795 | ~$585,290 | ~1.4623% | ~$8,558 | +102.4% |
| 2031 | ~$1,005,240 | ~$643,819 | ~1.4325% | ~$9,222 | +141.4% |
| 2027 | ~$488,353 | ~$439,737 | ~1.5815% | ~$6,954 | +17.3% |
| 2028 | ~$572,714 | ~$483,711 | ~1.5815% | ~$7,650 | +37.5% |
| 2029 | ~$671,648 | ~$532,082 | ~1.5815% | ~$8,415 | +61.3% |
| 2030 | ~$787,673 | ~$585,290 | ~1.5815% | ~$9,256 | +89.2% |
| 2031 | ~$923,740 | ~$643,819 | ~1.5815% | ~$10,182 | +121.8% |
| 2027 | ~$505,009 | ~$439,737 | ~1.5368% | ~$6,758 | +21.3% |
| 2028 | ~$612,448 | ~$483,711 | ~1.4921% | ~$7,217 | +47.1% |
| 2029 | ~$742,744 | ~$532,082 | ~1.4474% | ~$7,701 | +78.4% |
| 2030 | ~$900,760 | ~$585,290 | ~1.4027% | ~$8,210 | +116.3% |
| 2031 | ~$1,092,394 | ~$643,819 | ~1.3579% | ~$8,743 | +162.3% |
In 2025, this property's market value of $333,134 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $333,134 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $200,000 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $172,500 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $190,921 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $172,500 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |