TURNERSVILLE RD TX 78610
| Owner | MERITAGE HOMES OF TEXAS LLC & TAYLOR MORRISON INC & |
|---|---|
| Parcel ID | 0464080104 |
| Short ID | 352602 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 9,238,157 SF |
| Acres | 212.079 |
| Year Built | — |
| Legal | ABS 159 SUR 7 CORBIN W P 212.0789 AC (1-D-1) |
| Neighborhood | _HACRE |
| Land | $6,338,355 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,338,355 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,338,355 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,338,355 |
| Value Limitation Adjustment (−) (homestead cap) | −$6,313,525 |
| Net Appraised (assessed) | $24,830 |
| Taxable Value | $24,830 |
|---|
Appreciation: Market value has risen +665.9% from $827,532 (2021) to $6,338,355 (2025), a CAGR of 66.4% over 4 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 Agricultural parcel countywide rose +96.0%, so this parcel has outpaced the broader agricultural 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 $198. Travis County is the largest single contributor, at 47.1% of the total 2025 levy.
Assessment Gap: Assessed value ($24,830) is $6,313,525 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 100% of market value ($6,338,355 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 $6,338,355, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $561,432 (P25 $179,824 / P75 $1,355,511, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 -1.8% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,803,262 by 2031, with an estimated annual tax burden around $14,902. 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $93.32 | $93.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29.31 | $29.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25.67 | $25.67 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $24.83 | $24.83 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $24.83 | $24.83 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $197.96 | $197.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $93.32 | 47.1% |
| THD Travis Central Health | 0.1180% | $29.31 | 14.8% |
| ACT Austin Community College | 0.1034% | $25.67 | 13.0% |
| E11 Travis County ESD # 11 | 0.1000% | $24.83 | 12.5% |
| E15 Travis County ESD # 15 | 0.1000% | $24.83 | 12.5% |
| Total | 0.7973% | $197.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,973,292 | $6,338,355 | -68.9% |
| Assessed Value | $1,973,292 | $24,830 | +7847.2% |
| Land Value | $1,973,292 | $6,338,355 | -68.9% |
| Improvement Value | — | — | — |
| Taxable Value | $1,973,292 | $24,830 | +7847.2% |
| Total Tax 2026 = estimate |
~$15,732
Estimated
|
~$198
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,973,292 | $1,973,292 | — | — | $1,973,292 | $1,973,292 | Not yet — post-cert | Preliminary |
| 2025 | $6,338,355 | $6,338,355 | — | −$6,313,525 | $24,830 | $24,830 | ~$198 | Partial |
| 2024 | $6,338,355 | $6,338,355 | — | −$6,319,431 | $18,924 | $18,924 | $41,311 | Verified |
| 2023 | $2,120,789 | $2,120,789 | — | −$2,099,098 | $21,691 | $21,691 | $12,677 | Verified |
| 2022 | $2,120,789 | $2,120,789 | — | −$2,097,320 | $23,469 | $23,469 | $12,805 | Verified |
| 2021 | $827,532 | — | — | −$803,665 | $23,867 | $23,867 | $185 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -68.9% | +7847.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +31.2% | 0.4% | Not available | Partial |
| 2024 | +198.9% ! | -12.8% | 0.3% | No billing data | Verified |
| 2023 | +0.0% | -7.6% | 1.0% | No billing data | Verified |
| 2022 | +156.3% ! | -1.7% | 1.1% | No billing data | Verified |
| 2021 | base year | — | 2.9% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +665.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -68.9% | +57.3% | -1.8% | +198.9% | 2024 | -68.9% | 2026 |
| Assessment Ratio | 100.0% | 17.6% | — | 100.0% | 2026 | 0.3% | 2024 |
| Effective Tax Rate (2025) | 0.0000% | 0.0000% | — | 0.0000% | 2025 | 0.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$198 | $13,435 | ~$15,232 | $41,311 | 2024 | $185 | 2021 |
Market value changed by 156% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,938,049 | ~$1,938,049 | ~0.8031% | ~$15,564 | -1.8% |
| 2028 | ~$1,903,436 | ~$1,903,436 | ~0.8089% | ~$15,397 | -3.5% |
| 2029 | ~$1,869,441 | ~$1,869,441 | ~0.8147% | ~$15,231 | -5.3% |
| 2030 | ~$1,836,053 | ~$1,836,053 | ~0.8206% | ~$15,066 | -7.0% |
| 2031 | ~$1,803,262 | ~$1,803,262 | ~0.8264% | ~$14,902 | -8.6% |
| 2027 | ~$1,898,583 | ~$1,898,583 | ~0.7973% | ~$15,137 | -3.8% |
| 2028 | ~$1,826,703 | ~$1,826,703 | ~0.7973% | ~$14,564 | -7.4% |
| 2029 | ~$1,757,545 | ~$1,757,545 | ~0.7973% | ~$14,012 | -10.9% |
| 2030 | ~$1,691,004 | ~$1,691,004 | ~0.7973% | ~$13,482 | -14.3% |
| 2031 | ~$1,626,983 | ~$1,626,983 | ~0.7973% | ~$12,971 | -17.5% |
| 2027 | ~$1,977,515 | ~$1,977,515 | ~0.8060% | ~$15,939 | +0.2% |
| 2028 | ~$1,981,747 | ~$1,981,747 | ~0.8147% | ~$16,146 | +0.4% |
| 2029 | ~$1,985,989 | ~$1,985,989 | ~0.8235% | ~$16,354 | +0.6% |
| 2030 | ~$1,990,239 | ~$1,990,239 | ~0.8322% | ~$16,563 | +0.9% |
| 2031 | ~$1,994,498 | ~$1,994,498 | ~0.8409% | ~$16,772 | +1.1% |
In 2025, this property's market value of $6,338,355 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 11× the county median of $561,432. Agricultural here is the broad TCAD category — every agricultural 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 | $6,338,355 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $6,338,355 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $2,120,789 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $2,120,789 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $827,532 | $105,498 | $286,444 | $607,111 | ↑ 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 | — |