622 E ST ELMO RD TX 78745
| Owner | GARAY INVESTMENTS LLC |
|---|---|
| Parcel ID | 0412030318 |
| Short ID | 316293 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 71,861 SF |
| Acres | 1.650 |
| Year Built | — |
| Legal | LOT 1 LEROY SUBD |
| Neighborhood | 1SO1 |
| Land | $1,796,525 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,796,525 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,796,525 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,796,525 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,796,525 |
| Taxable Value | $1,796,525 |
|---|
Appreciation: Market value has fallen +0.0% from $1,796,525 (2021) to $1,796,525 (2025), a CAGR of 0.0% over 4 years. Growth has been relatively flat for this asset class. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $36,766. Austin ISD is the largest single contributor, at 45.2% 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 ($1,796,525 land vs $0 improvements), about $25/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 $1,796,525, this parcel sits in the top quartile (≥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 +0.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,796,525 by 2031, with an estimated annual tax burden around $33,842. 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% | $16,621.45 | $16,621.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,414.10 | $9,414.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,752.15 | $6,752.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,120.31 | $2,120.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,857.61 | $1,857.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,765.62 | $36,765.62 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $16,621.45 | 45.2% |
| CAT City of Austin | 0.5240% | $9,414.10 | 25.6% |
| TCO Travis County | 0.3758% | $6,752.15 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,120.31 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,857.61 | 5.1% |
| Total | 2.0465% | $36,765.62 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,796,525 | $1,796,525 | +0.0% |
| Assessed Value | $1,796,525 | $1,796,525 | +0.0% |
| Land Value | $1,796,525 | $1,796,525 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,796,525 | $1,796,525 | +0.0% |
| Total Tax 2026 = estimate |
~$36,766
Estimated
|
~$36,766
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,796,525 | $1,796,525 | — | — | $1,796,525 | $1,796,525 | Not yet — post-cert | Preliminary |
| 2025 | $1,796,525 | $1,796,525 | — | — | $1,796,525 | $1,796,525 | ~$36,766 | Partial |
| 2024 | $1,796,525 | $1,796,525 | — | — | $1,796,525 | $1,796,525 | $35,604 | Verified |
| 2023 | $1,796,525 | $1,796,525 | — | — | $1,796,525 | $1,796,525 | $32,504 | Verified |
| 2022 | $1,796,525 | $1,796,525 | — | — | $1,796,525 | $1,796,525 | $35,480 | Verified |
| 2021 | $1,796,525 | $1,796,525 | — | — | $1,796,525 | $1,796,525 | $39,105 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | +0.0% | +0.0% | 2022 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,766 | $35,892 | ~$35,011 | $39,105 | 2021 | $32,504 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,796,525 | ~$1,796,525 | ~2.0139% | ~$36,181 | +0.0% |
| 2028 | ~$1,796,525 | ~$1,796,525 | ~1.9814% | ~$35,596 | +0.0% |
| 2029 | ~$1,796,525 | ~$1,796,525 | ~1.9488% | ~$35,011 | +0.0% |
| 2030 | ~$1,796,525 | ~$1,796,525 | ~1.9163% | ~$34,427 | +0.0% |
| 2031 | ~$1,796,525 | ~$1,796,525 | ~1.8837% | ~$33,842 | +0.0% |
| 2027 | ~$1,760,594 | ~$1,760,594 | ~2.0465% | ~$36,030 | -2.0% |
| 2028 | ~$1,725,383 | ~$1,725,383 | ~2.0465% | ~$35,310 | -4.0% |
| 2029 | ~$1,690,875 | ~$1,690,875 | ~2.0465% | ~$34,604 | -5.9% |
| 2030 | ~$1,657,057 | ~$1,657,057 | ~2.0465% | ~$33,911 | -7.8% |
| 2031 | ~$1,623,916 | ~$1,623,916 | ~2.0465% | ~$33,233 | -9.6% |
| 2027 | ~$1,832,456 | ~$1,832,456 | ~1.9977% | ~$36,606 | +2.0% |
| 2028 | ~$1,869,105 | ~$1,869,105 | ~1.9488% | ~$36,426 | +4.0% |
| 2029 | ~$1,906,487 | ~$1,906,487 | ~1.9000% | ~$36,224 | +6.1% |
| 2030 | ~$1,944,616 | ~$1,944,616 | ~1.8512% | ~$35,999 | +8.2% |
| 2031 | ~$1,983,509 | ~$1,983,509 | ~1.8024% | ~$35,750 | +10.4% |
In 2025, this property's market value of $1,796,525 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 21× 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 | $1,796,525 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,796,525 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,796,525 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $1,796,525 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $1,796,525 | $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 | — |