DAIRYWORK RD 78610
| Owner | MERITAGE HOMES OF TEXAS LLC & TAYLOR MORRISON INC & |
|---|---|
| Parcel ID | 0455070503 |
| Short ID | 954562 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 337,594 SF |
| Acres | 7.750 |
| Year Built | — |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK H LOT 98 ( COMMERCIAL) |
| Neighborhood | SE2 |
| Land | $1,350,376 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,350,376 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,350,376 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,350,376 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,350,376 |
| Taxable Value | $1,350,376 |
|---|
Appreciation: Market value has fallen +0.0% from $1,350,376 (2022) to $1,350,376 (2025), a CAGR of 0.0% over 3 years. Growth has been relatively flat for this asset class. Over the same span, the median Land/Vacant parcel countywide rose +53.5%, so this parcel has lagged 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 $10,766. P11G is the largest single contributor, at 74.8% 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 ($1,350,376 land vs $0 improvements), about $4/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 $1,350,376, 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 $1,350,376 by 2031, with an estimated annual tax burden around $11,159. 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 |
|---|---|---|---|---|---|---|---|---|---|
| P11G | — | — | — | — | — | — | $31,920.24 | $31,920.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,075.32 | $5,075.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,593.75 | $1,593.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,396.29 | $1,396.29 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,350.38 | $1,350.38 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,350.38 | $1,350.38 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $42,686.36 | $42,686.36 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P11G | — | $31,920.24 | 74.8% |
| TCO Travis County | 0.3758% | $5,075.32 | 11.9% |
| THD Travis Central Health | 0.1180% | $1,593.75 | 3.7% |
| ACT Austin Community College | 0.1034% | $1,396.29 | 3.3% |
| E11 Travis County ESD # 11 | 0.1000% | $1,350.38 | 3.2% |
| E15 Travis County ESD # 15 | 0.1000% | $1,350.38 | 3.2% |
| Total | 0.7973% 5 of 6 | $42,686.36 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,350,376 | $1,350,376 | +0.0% |
| Assessed Value | $1,350,376 | $1,350,376 | +0.0% |
| Land Value | $1,350,376 | $1,350,376 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,350,376 | $1,350,376 | +0.0% |
| Total Tax 2026 = estimate |
~$10,766
Estimated
|
~$42,686
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,350,376 | $1,350,376 | — | — | $1,350,376 | $1,350,376 | Not yet — post-cert | Preliminary |
| 2025 | $1,350,376 | $1,350,376 | — | — | $1,350,376 | $1,350,376 | ~$42,686 | Partial |
| 2024 | $1,350,376 | $1,350,376 | — | — | $1,350,376 | $1,350,376 | $47,682 | Verified |
| 2023 | $1,350,376 | $1,350,376 | — | — | $1,350,376 | $1,350,376 | $9,506 | Verified |
| 2022 | $1,350,376 | $1,350,376 | — | — | $1,350,376 | $1,350,376 | $9,526 | 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 | 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% | 2023 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 3.1600% | 3.1600% | — | 3.1600% | 2025 | 3.1600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$42,686 | $27,350 | ~$11,002 | $47,682 | 2024 | $9,506 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,350,376 | ~$1,350,376 | ~0.8031% | ~$10,845 | +0.0% |
| 2028 | ~$1,350,376 | ~$1,350,376 | ~0.8089% | ~$10,923 | +0.0% |
| 2029 | ~$1,350,376 | ~$1,350,376 | ~0.8147% | ~$11,002 | +0.0% |
| 2030 | ~$1,350,376 | ~$1,350,376 | ~0.8206% | ~$11,081 | +0.0% |
| 2031 | ~$1,350,376 | ~$1,350,376 | ~0.8264% | ~$11,159 | +0.0% |
| 2027 | ~$1,323,368 | ~$1,323,368 | ~0.7973% | ~$10,551 | -2.0% |
| 2028 | ~$1,296,901 | ~$1,296,901 | ~0.7973% | ~$10,340 | -4.0% |
| 2029 | ~$1,270,963 | ~$1,270,963 | ~0.7973% | ~$10,133 | -5.9% |
| 2030 | ~$1,245,544 | ~$1,245,544 | ~0.7973% | ~$9,930 | -7.8% |
| 2031 | ~$1,220,633 | ~$1,220,633 | ~0.7973% | ~$9,732 | -9.6% |
| 2027 | ~$1,377,384 | ~$1,377,384 | ~0.8060% | ~$11,102 | +2.0% |
| 2028 | ~$1,404,931 | ~$1,404,931 | ~0.8147% | ~$11,446 | +4.0% |
| 2029 | ~$1,433,030 | ~$1,433,030 | ~0.8235% | ~$11,801 | +6.1% |
| 2030 | ~$1,461,690 | ~$1,461,690 | ~0.8322% | ~$12,164 | +8.2% |
| 2031 | ~$1,490,924 | ~$1,490,924 | ~0.8409% | ~$12,538 | +10.4% |
In 2025, this property's market value of $1,350,376 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 | $1,350,376 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,350,376 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,350,376 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $1,350,376 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 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 | 2022–2024 | 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 | 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 | — |