F M RD 1431 TX 78641
| Owner | PENDLEY MICHAEL D |
|---|---|
| Parcel ID | 0501060107 |
| Short ID | 352919 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 1,001,009 SF |
| Acres | 22.980 |
| Year Built | — |
| Legal | ABS 596 SUR 6 PAYNE J C ACR 22.980 (1-D-1) |
| Neighborhood | _RGN150 |
| Land | $1,012,499 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,012,499 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,012,499 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,012,499 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,009,834 |
| Net Appraised (assessed) | $2,665 |
| Taxable Value | $2,665 |
|---|
Appreciation: Market value has risen +86.8% from $542,098 (2021) to $1,012,499 (2025), a CAGR of 16.9% 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 lagged the broader agricultural market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 0.6938% in 2025 (+0.0504% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $18. Travis County is the largest single contributor, at 54.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,665) is $1,009,834 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 ($1,012,499 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 $1,012,499, this parcel sits in the upper-middle (50th–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 +1.1% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $865,458 by 2031, with an estimated annual tax burden around $6,272. 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% | $10.02 | $10.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3.15 | $3.15 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2.67 | $2.67 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $2.66 | $2.66 | Paid |
| Combined Rate | 0.6692% | 0.5953% | 0.5895% | 0.6434% | 0.6938% | +0.0504% | $18.50 | $18.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $10.02 | 54.2% |
| THD Travis Central Health | 0.1180% | $3.15 | 17.0% |
| E01 Travis County ESD # 01 | 0.1000% | $2.67 | 14.4% |
| E07 Travis County ESD # 07 | 0.1000% | $2.66 | 14.4% |
| Total | 0.6938% | $18.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $818,456 | $1,012,499 | -19.2% |
| Assessed Value | $2,464 | $2,665 | -7.5% |
| Land Value | $818,456 | $1,012,499 | -19.2% |
| Improvement Value | — | — | — |
| Taxable Value | $2,464 | $2,665 | -7.5% |
| HS Cap Loss | -$815,992 | — | |
| Total Tax 2026 = estimate |
~$17
Estimated
|
~$18
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $818,456 | $818,456 | — | −$815,992 | $2,464 | $2,464 | Not yet — post-cert | Preliminary |
| 2025 | $1,012,499 | $1,012,499 | — | −$1,009,834 | $2,665 | $2,665 | ~$18 | Partial |
| 2024 | $1,012,499 | $1,012,499 | — | −$1,009,964 | $2,535 | $2,535 | $16 | Verified |
| 2023 | $782,699 | $782,699 | — | −$780,185 | $2,514 | $2,514 | $15 | Verified |
| 2022 | $782,699 | $782,699 | — | −$780,370 | $2,329 | $2,329 | $14 | Verified |
| 2021 | $542,098 | — | — | −$539,959 | $2,139 | $2,139 | $14 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.2% | -7.5% | 0.3% | Not available | Partial |
| 2025 | +0.0% | +5.1% | 0.3% | Not available | Partial |
| 2024 | +29.4% | +0.8% | 0.2% | No billing data | Verified |
| 2023 | +0.0% | +7.9% | 0.3% | No billing data | Verified |
| 2022 | +44.4% | +8.9% | 0.3% | No billing data | Verified |
| 2021 | base year | — | 0.4% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +86.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.2% | +10.9% | +1.1% | +44.4% | 2022 | -19.2% | 2026 |
| Assessment Ratio | 0.3% | 0.3% | — | 0.4% | 2021 | 0.3% | 2022 |
| 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 |
$18 | $16 | ~$6,031 | $18 | 2025 | $14 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$827,648 | ~$827,648 | ~0.7000% | ~$5,794 | +1.1% |
| 2028 | ~$836,942 | ~$836,942 | ~0.7062% | ~$5,910 | +2.3% |
| 2029 | ~$846,342 | ~$846,342 | ~0.7123% | ~$6,029 | +3.4% |
| 2030 | ~$855,847 | ~$855,847 | ~0.7185% | ~$6,149 | +4.6% |
| 2031 | ~$865,458 | ~$865,458 | ~0.7247% | ~$6,272 | +5.7% |
| 2027 | ~$811,279 | ~$811,279 | ~0.6938% | ~$5,629 | -0.9% |
| 2028 | ~$804,164 | ~$804,164 | ~0.6938% | ~$5,580 | -1.7% |
| 2029 | ~$797,112 | ~$797,112 | ~0.6938% | ~$5,531 | -2.6% |
| 2030 | ~$790,122 | ~$790,122 | ~0.6938% | ~$5,482 | -3.5% |
| 2031 | ~$783,192 | ~$783,192 | ~0.6938% | ~$5,434 | -4.3% |
| 2027 | ~$844,017 | ~$844,017 | ~0.7031% | ~$5,934 | +3.1% |
| 2028 | ~$870,376 | ~$870,376 | ~0.7123% | ~$6,200 | +6.3% |
| 2029 | ~$897,558 | ~$897,558 | ~0.7216% | ~$6,477 | +9.7% |
| 2030 | ~$925,589 | ~$925,589 | ~0.7308% | ~$6,764 | +13.1% |
| 2031 | ~$954,496 | ~$954,496 | ~0.7401% | ~$7,064 | +16.6% |
In 2025, this property's market value of $1,012,499 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +80% above 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 | $1,012,499 | $179,824 | $561,432 | $1,355,511 | ↑ Above median | +0.0% |
| 2024 | $1,012,499 | $193,498 | $574,650 | $1,361,070 | ↑ Above median | +23.7% |
| 2023 | $782,699 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $782,699 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $542,098 | $105,498 | $286,444 | $607,111 | ↑ Above median | 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 | — |