COW CREEK RD TX 78654
| Owner | SLEDGE THOMAS EDWARD |
|---|---|
| Parcel ID | 0525060111 |
| Short ID | 354726 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Productivity |
| Improvement SF | 1 SF |
| Land SF | 4,772,869 SF |
| Acres | 109.570 |
| Year Built | 2021 |
| Legal | ABS 2235 SUR 187 T C R R CO ABS 2202 SUR 21 FEENEY M ACR 201.70 *(1-D-1) |
| Neighborhood | _RGN145 |
| Land | $3,833,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,833,360 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,833,360 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,833,360 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,822,126 |
| Net Appraised (assessed) | $11,234 |
| Taxable Value | $11,234 |
|---|
Appreciation: Market value has risen +90.5% from $2,011,820 (2021) to $3,833,360 (2025), a CAGR of 17.5% over 4 years. This is strong appreciation — well above typical inflation. 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 6 taxing entities is 1.8841% in 2025 (+0.0525% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $212. Leander ISD is the largest single contributor, at 57.7% of the total 2025 levy.
Assessment Gap: Assessed value ($11,234) is $3,822,126 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 ($3,833,360 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 $3,833,360, 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 -24.3% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $407,907 by 2031, with an estimated annual tax burden around $6,529. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 301 | BARN SF | 912 SF | ✓ |
| 1ST | 1st Floor | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $122.10 | $122.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $42.22 | $42.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13.26 | $13.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11.62 | $11.62 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $11.23 | $11.23 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $11.23 | $11.23 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $211.66 | $211.66 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $122.10 | 57.7% |
| TCO Travis County | 0.3758% | $42.22 | 19.9% |
| THD Travis Central Health | 0.1180% | $13.26 | 6.3% |
| ACT Austin Community College | 0.1034% | $11.62 | 5.5% |
| E01 Travis County ESD # 01 | 0.1000% | $11.23 | 5.3% |
| E07 Travis County ESD # 07 | 0.1000% | $11.23 | 5.3% |
| Total | 1.8841% | $211.66 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,643,550 | $3,833,360 | -57.1% |
| Assessed Value | $11,576 | $11,234 | +3.0% |
| Land Value | $1,643,550 | $3,833,360 | -57.1% |
| Improvement Value | — | — | — |
| Taxable Value | $11,576 | $11,234 | +3.0% |
| HS Cap Loss | -$1,631,974 | — | |
| Total Tax 2026 = estimate |
~$218
Estimated
|
~$212
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,643,550 | $1,643,550 | — | −$1,631,974 | $11,576 | $11,576 | Not yet — post-cert | Preliminary |
| 2025 | $3,833,360 | $3,833,360 | — | −$3,822,126 | $11,234 | $11,234 | ~$212 | Partial |
| 2024 | $3,833,360 | $3,833,360 | — | −$3,823,032 | $10,328 | $10,328 | $189 | Verified |
| 2023 | $2,737,660 | $2,737,660 | — | −$2,727,253 | $10,407 | $10,407 | $187 | Verified |
| 2022 | $5,011,417 | $5,011,417 | — | −$4,993,163 | $18,254 | $18,254 | $359 | Verified |
| 2021 | $2,011,820 | — | — | −$1,994,482 | $17,338 | $17,338 | $366 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -57.1% | +3.0% | 0.7% | Not available | Partial |
| 2025 | +0.0% | +8.8% | 0.3% | Not available | Partial |
| 2024 | +40.0% | -0.8% | 0.3% | No billing data | Verified |
| 2023 | -45.4% | -43.0% | 0.4% | No billing data | Verified |
| 2022 | +149.1% ! | +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): +90.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -57.1% | +17.3% | -24.3% | +149.1% | 2022 | -57.1% | 2026 |
| Assessment Ratio | 0.7% | 0.5% | — | 0.9% | 2021 | 0.3% | 2024 |
| 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 |
$212 | $263 | ~$13,413 | $366 | 2021 | $187 | 2023 |
Market value changed by 149% 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 | ~$1,243,766 | ~$1,243,766 | ~1.8274% | ~$22,729 | -24.3% |
| 2028 | ~$941,226 | ~$941,226 | ~1.7707% | ~$16,666 | -42.7% |
| 2029 | ~$712,278 | ~$712,278 | ~1.7140% | ~$12,208 | -56.7% |
| 2030 | ~$539,021 | ~$539,021 | ~1.6573% | ~$8,933 | -67.2% |
| 2031 | ~$407,907 | ~$407,907 | ~1.6006% | ~$6,529 | -75.2% |
| 2027 | ~$1,561,372 | ~$1,561,372 | ~1.8841% | ~$29,418 | -5.0% |
| 2028 | ~$1,483,304 | ~$1,483,304 | ~1.8841% | ~$27,947 | -9.7% |
| 2029 | ~$1,409,139 | ~$1,409,139 | ~1.8841% | ~$26,550 | -14.3% |
| 2030 | ~$1,338,682 | ~$1,338,682 | ~1.8841% | ~$25,223 | -18.5% |
| 2031 | ~$1,271,748 | ~$1,271,748 | ~1.8841% | ~$23,961 | -22.6% |
| 2027 | ~$1,276,637 | ~$1,276,637 | ~1.7991% | ~$22,968 | -22.3% |
| 2028 | ~$991,634 | ~$991,634 | ~1.7140% | ~$16,997 | -39.7% |
| 2029 | ~$770,258 | ~$770,258 | ~1.6289% | ~$12,547 | -53.1% |
| 2030 | ~$598,302 | ~$598,302 | ~1.5439% | ~$9,237 | -63.6% |
| 2031 | ~$464,734 | ~$464,734 | ~1.4588% | ~$6,780 | -71.7% |
In 2025, this property's market value of $3,833,360 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 7× 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 | $3,833,360 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $3,833,360 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $2,737,660 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $5,011,417 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $2,011,820 | $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 | — |