STATE HWY 45 78652
| Owner | EAST GRAGG LP |
|---|---|
| Parcel ID | 0445340110 |
| Short ID | 971145 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 1,546,946 SF |
| Acres | 35.513 |
| Year Built | — |
| Legal | GRAGG SUBD BLK A LOT 1 |
| Neighborhood | _RGN430 |
| Land | $1,334,775 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,334,775 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,334,775 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,334,775 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,334,775 |
| Taxable Value | $1,334,775 |
|---|
Appreciation: Market value has risen +43.2% from $932,216 (2023) to $1,334,775 (2025), a CAGR of 19.7% over 2 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 Land/Vacant parcel countywide rose +18.1%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $21,656. Austin ISD is the largest single contributor, at 57.0% 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 ($1,334,775 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 $1,334,775, 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 +12.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,427,880 by 2031, with an estimated annual tax burden around $35,956. 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% | $11,114.41 | $11,114.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,515.02 | $4,515.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,417.81 | $1,417.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,242.14 | $1,242.14 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,201.30 | $1,201.30 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $19,490.68 | $19,490.68 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $11,114.41 | 57.0% |
| TCO Travis County | 0.3758% | $4,515.02 | 23.2% |
| THD Travis Central Health | 0.1180% | $1,417.81 | 7.3% |
| ACT Austin Community College | 0.1034% | $1,242.14 | 6.4% |
| E05 Travis County ESD # 05 | 0.1000% | $1,201.30 | 6.2% |
| Total | 1.6225% | $19,490.68 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,334,775 | $1,334,775 | +0.0% |
| Assessed Value | $1,334,775 | $1,334,775 | +0.0% |
| Land Value | $1,420,520 | $1,334,775 | +6.4% |
| Improvement Value | — | — | — |
| Taxable Value | $1,334,775 | $1,334,775 | +0.0% |
| Total Tax 2026 = estimate |
~$21,656
Estimated
|
~$19,491
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,334,775 | $1,420,520 | — | — | $1,334,775 | $1,334,775 | Not yet — post-cert | Preliminary |
| 2025 | $1,334,775 | $1,334,775 | — | — | $1,334,775 | $1,334,775 | ~$19,491 | Partial |
| 2024 | $1,334,775 | $1,334,775 | — | −$327,981 | $1,006,794 | $1,006,794 | $16,151 | Verified |
| 2023 | $932,216 | $1,028,592 | — | −$93,222 | $838,994 | $838,994 | $12,278 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +32.6% | ~100% | Not available | Partial |
| 2024 | +43.2% | +20.0% | 75.4% | No billing data | Verified |
| 2023 | base year | — | 90.0% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +14.4% | +12.7% | +43.2% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 91.3% | — | 100.0% | 2025 | 75.4% | 2024 |
| Effective Tax Rate (2025) | 1.4600% | 1.4600% | — | 1.4600% | 2025 | 1.4600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,491 | $15,973 | ~$29,677 | $19,491 | 2025 | $12,278 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,504,430 | ~$1,504,430 | ~1.5942% | ~$23,983 | +12.7% |
| 2028 | ~$1,695,648 | ~$1,695,648 | ~1.5659% | ~$26,552 | +27.0% |
| 2029 | ~$1,911,171 | ~$1,911,171 | ~1.5376% | ~$29,385 | +43.2% |
| 2030 | ~$2,154,088 | ~$2,154,088 | ~1.5093% | ~$32,511 | +61.4% |
| 2031 | ~$2,427,880 | ~$2,427,880 | ~1.4810% | ~$35,956 | +81.9% |
| 2027 | ~$1,477,734 | ~$1,477,734 | ~1.6225% | ~$23,976 | +10.7% |
| 2028 | ~$1,636,005 | ~$1,636,005 | ~1.6225% | ~$26,544 | +22.6% |
| 2029 | ~$1,811,227 | ~$1,811,227 | ~1.6225% | ~$29,387 | +35.7% |
| 2030 | ~$2,005,216 | ~$2,005,216 | ~1.6225% | ~$32,534 | +50.2% |
| 2031 | ~$2,219,982 | ~$2,219,982 | ~1.6225% | ~$36,018 | +66.3% |
| 2027 | ~$1,531,125 | ~$1,531,125 | ~1.5800% | ~$24,192 | +14.7% |
| 2028 | ~$1,756,359 | ~$1,756,359 | ~1.5376% | ~$27,005 | +31.6% |
| 2029 | ~$2,014,726 | ~$2,014,726 | ~1.4951% | ~$30,122 | +50.9% |
| 2030 | ~$2,311,099 | ~$2,311,099 | ~1.4527% | ~$33,572 | +73.1% |
| 2031 | ~$2,651,071 | ~$2,651,071 | ~1.4102% | ~$37,385 | +98.6% |
In 2025, this property's market value of $1,334,775 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 16× 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 | $1,334,775 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,334,775 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $932,216 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 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 | 2023–2024 | 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 | 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 | — |