COW CREEK RD TX 78654
| Owner | HIGHLAND MANAGEMENT INC |
|---|---|
| Parcel ID | 0509060102 |
| Short ID | 353616 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 27,878,400 SF |
| Acres | 640.000 |
| Year Built | — |
| Legal | ABS 2491 SUR 1 HALL A C ACR 640.000 (1-D-1W) |
| Neighborhood | _RGN150 |
| Land | $20,695,816 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,695,816 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $7,516,990 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,516,990 |
| Value Limitation Adjustment (−) (homestead cap) | −$7,451,371 |
| Net Appraised (assessed) | $65,619 |
| Taxable Value | $65,619 |
|---|
Appreciation: Market value has risen +19.1% from $6,312,723 (2021) to $7,516,990 (2025), a CAGR of 4.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. 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 $455. Travis County is the largest single contributor, at 54.2% of the total 2025 levy.
Assessment Gap: Assessed value ($65,619) is $7,451,371 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 275% of market value ($20,695,816 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 $7,516,990, 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 -9.5% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,835,782 by 2031, with an estimated annual tax burden around $42,289. 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% | $246.63 | $246.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77.45 | $77.45 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $65.62 | $65.62 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $65.60 | $65.60 | Paid |
| Combined Rate | 0.6692% | 0.5953% | 0.5895% | 0.6434% | 0.6938% | +0.0504% | $455.30 | $455.30 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $246.63 | 54.2% |
| THD Travis Central Health | 0.1180% | $77.45 | 17.0% |
| E01 Travis County ESD # 01 | 0.1000% | $65.62 | 14.4% |
| E07 Travis County ESD # 07 | 0.1000% | $65.60 | 14.4% |
| Total | 0.6938% | $455.30 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,600,000 | $7,516,990 | +27.7% |
| Assessed Value | $67,616 | $65,619 | +3.0% |
| Land Value | $9,600,000 | $20,695,816 | -53.6% |
| Improvement Value | — | — | — |
| Taxable Value | $67,616 | $65,619 | +3.0% |
| HS Cap Loss | -$9,532,384 | — | |
| Total Tax 2026 = estimate |
~$469
Estimated
|
~$455
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,600,000 | $9,600,000 | — | −$9,532,384 | $67,616 | $67,616 | Not yet — post-cert | Preliminary |
| 2025 | $7,516,990 | $20,695,816 | — | −$7,451,371 | $65,619 | $65,619 | ~$455 | Partial |
| 2024 | $7,516,990 | $20,695,816 | — | −$7,456,664 | $60,326 | $60,326 | $388 | Verified |
| 2023 | $8,585,303 | $14,295,816 | — | −$8,524,516 | $60,787 | $60,787 | $358 | Verified |
| 2022 | $14,295,816 | $14,295,816 | — | −$14,237,896 | $57,920 | $57,920 | $345 | Verified |
| 2021 | $6,312,723 | — | — | −$6,257,709 | $55,014 | $55,014 | $368 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.7% | +3.0% | 0.7% | Not available | Partial |
| 2025 | +0.0% | +8.8% | 0.9% | Not available | Partial |
| 2024 | -12.4% | -0.8% | 0.8% | No billing data | Verified |
| 2023 | -39.9% | +4.9% | 0.7% | No billing data | Verified |
| 2022 | +126.5% ! | +5.3% | 0.4% | No billing data | Verified |
| 2021 | base year | — | 0.9% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +27.7% | +20.4% | -9.5% | +126.5% | 2022 | -39.9% | 2023 |
| Assessment Ratio | 0.7% | 0.7% | — | 0.9% | 2021 | 0.4% | 2022 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$455 | $383 | ~$51,144 | $455 | 2025 | $345 | 2022 |
Market value changed by 126% 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 | ~$8,690,341 | ~$8,690,341 | ~0.7000% | ~$60,832 | -9.5% |
| 2028 | ~$7,866,877 | ~$7,866,877 | ~0.7062% | ~$55,553 | -18.1% |
| 2029 | ~$7,121,442 | ~$7,121,442 | ~0.7123% | ~$50,728 | -25.8% |
| 2030 | ~$6,446,641 | ~$6,446,641 | ~0.7185% | ~$46,319 | -32.8% |
| 2031 | ~$5,835,782 | ~$5,835,782 | ~0.7247% | ~$42,289 | -39.2% |
| 2027 | ~$9,120,000 | ~$9,120,000 | ~0.6938% | ~$63,278 | -5.0% |
| 2028 | ~$8,664,000 | ~$8,664,000 | ~0.6938% | ~$60,114 | -9.8% |
| 2029 | ~$8,230,800 | ~$8,230,800 | ~0.6938% | ~$57,108 | -14.3% |
| 2030 | ~$7,819,260 | ~$7,819,260 | ~0.6938% | ~$54,253 | -18.5% |
| 2031 | ~$7,428,297 | ~$7,428,297 | ~0.6938% | ~$51,540 | -22.6% |
| 2027 | ~$8,882,341 | ~$8,882,341 | ~0.7031% | ~$62,450 | -7.5% |
| 2028 | ~$8,218,331 | ~$8,218,331 | ~0.7123% | ~$58,541 | -14.4% |
| 2029 | ~$7,603,960 | ~$7,603,960 | ~0.7216% | ~$54,868 | -20.8% |
| 2030 | ~$7,035,517 | ~$7,035,517 | ~0.7308% | ~$51,417 | -26.7% |
| 2031 | ~$6,509,569 | ~$6,509,569 | ~0.7401% | ~$48,175 | -32.2% |
In 2025, this property's market value of $7,516,990 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 13× 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 | $7,516,990 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $7,516,990 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $8,585,303 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $14,295,816 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $6,312,723 | $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 | — |