3612 SWEET WATERMELON LN 78610
| Owner | JRR & JAR LLC |
|---|---|
| Parcel ID | 0455051119 |
| Short ID | 972385 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,438 SF |
| Land SF | 5,181 SF |
| Acres | 0.119 |
| Year Built | 2023 |
| Legal | TURNERS CROSSING NORTH PHS 2 BLK H LOT 42 |
| Neighborhood | H1501 |
| Land | $62,733 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $62,733 |
| Improvement | $191,101 |
|---|---|
| Total Improvement | $191,101 |
| Market | $253,834 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $253,834 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $253,834 |
| Taxable Value | $253,834 |
|---|
Appreciation: Market value has risen +746.1% from $30,000 (2023) to $253,834 (2025), a CAGR of 190.9% over 2 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 0.7973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,024. Travis County is the largest single contributor, at 47.1% 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 25% of market value ($62,733 land vs $191,101 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $253,834, 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 +120.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,475,959 by 2031, with an estimated annual tax burden around $4,253. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,438 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,438 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 378 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 243 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $954.02 | $954.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $299.58 | $299.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $262.46 | $262.46 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $253.83 | $253.83 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $253.83 | $253.83 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $2,023.72 | $2,023.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $954.02 | 47.1% |
| THD Travis Central Health | 0.1180% | $299.58 | 14.8% |
| ACT Austin Community College | 0.1034% | $262.46 | 13.0% |
| E11 Travis County ESD # 11 | 0.1000% | $253.83 | 12.5% |
| E15 Travis County ESD # 15 | 0.1000% | $253.83 | 12.5% |
| Total | 0.7973% | $2,023.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $319,536 | $253,834 | +25.9% |
| Assessed Value | $319,536 | $253,834 | +25.9% |
| Land Value | $62,733 | $62,733 | +0.0% |
| Improvement Value | $256,803 | $191,101 | +34.4% |
| Taxable Value | $319,536 | $253,834 | +25.9% |
| Total Tax 2026 = estimate |
~$2,548
Estimated
|
~$2,024
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $319,536 | $62,733 | $256,803 | — | $319,536 | $319,536 | Not yet — post-cert | Preliminary |
| 2025 | $253,834 | $62,733 | $191,101 | — | $253,834 | $253,834 | ~$2,024 | Partial |
| 2024 | $149,207 | $60,000 | $89,207 | — | $149,207 | $149,207 | $920 | Verified |
| 2023 | $30,000 | $30,000 | — | — | $30,000 | $30,000 | $211 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.9% | +25.9% | ~100% | Not available | Partial |
| 2025 | +70.1% | +70.1% | ~100% | Not available | Partial |
| 2024 | +397.4% ! | +397.4% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +746.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.9% | +164.5% | +120.0% | +397.4% | 2024 | +25.9% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 0.8000% | 0.8000% | — | 0.8000% | 2025 | 0.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,024 | $1,052 | ~$3,502 | $2,024 | 2025 | $211 | 2023 |
Market value changed by 397% 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 | ~$703,050 | ~$351,490 | ~0.8031% | ~$2,823 | +120.0% |
| 2028 | ~$1,546,864 | ~$386,639 | ~0.8089% | ~$3,128 | +384.1% |
| 2029 | ~$3,403,442 | ~$425,302 | ~0.8147% | ~$3,465 | +965.1% |
| 2030 | ~$7,488,322 | ~$467,833 | ~0.8206% | ~$3,839 | +2243.5% |
| 2031 | ~$16,475,959 | ~$514,616 | ~0.8264% | ~$4,253 | +5056.2% |
| 2027 | ~$696,659 | ~$351,490 | ~0.7973% | ~$2,802 | +118.0% |
| 2028 | ~$1,518,870 | ~$386,639 | ~0.7973% | ~$3,083 | +375.3% |
| 2029 | ~$3,311,471 | ~$425,302 | ~0.7973% | ~$3,391 | +936.3% |
| 2030 | ~$7,219,737 | ~$467,833 | ~0.7973% | ~$3,730 | +2159.4% |
| 2031 | ~$15,740,617 | ~$514,616 | ~0.7973% | ~$4,103 | +4826.1% |
| 2027 | ~$709,440 | ~$351,490 | ~0.8060% | ~$2,833 | +122.0% |
| 2028 | ~$1,575,114 | ~$386,639 | ~0.8147% | ~$3,150 | +392.9% |
| 2029 | ~$3,497,100 | ~$425,302 | ~0.8235% | ~$3,502 | +994.4% |
| 2030 | ~$7,764,332 | ~$467,833 | ~0.8322% | ~$3,893 | +2329.9% |
| 2031 | ~$17,238,529 | ~$514,616 | ~0.8409% | ~$4,328 | +5294.9% |
In 2025, this property's market value of $253,834 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 3× 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 | $253,834 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $149,207 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $30,000 | $24,692 | $71,500 | $270,000 | ↓ Below median | +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 | — |