OLD FERRY RD TX 78669
| Owner | PAGGI MICHAEL H |
|---|---|
| Parcel ID | 0559060222 |
| Short ID | 487126 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 4,869,572 SF |
| Acres | 111.790 |
| Year Built | — |
| Legal | ABS 631 SUR 480 PEACE H ACR 111.7900 (1-D-1) |
| Neighborhood | _RGN250LF |
| Land | $6,323,470 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,323,470 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,323,470 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,323,470 |
| Value Limitation Adjustment (−) (homestead cap) | −$6,307,408 |
| Net Appraised (assessed) | $16,062 |
| Taxable Value | $16,062 |
|---|
Appreciation: Market value has risen +88.6% from $3,352,368 (2021) to $6,323,470 (2025), a CAGR of 17.2% 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 5 taxing entities is 1.7041% in 2025 (+0.0281% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $274. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.
Assessment Gap: Assessed value ($16,062) is $6,307,408 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 ($6,323,470 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 $6,323,470, 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 +4.2% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,727,887 by 2031, with an estimated annual tax burden around $143,860. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $167.00 | $167.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $60.37 | $60.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18.96 | $18.96 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $14.94 | $14.94 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $12.45 | $12.45 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $273.72 | $273.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $167.00 | 61.0% |
| TCO Travis County | 0.3758% | $60.37 | 22.1% |
| THD Travis Central Health | 0.1180% | $18.96 | 6.9% |
| E08 Travis County ESD # 08 | 0.0930% | $14.94 | 5.5% |
| E16 Travis County ESD # 16 | 0.0775% | $12.45 | 4.5% |
| Total | 1.7041% | $273.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,909,050 | $6,323,470 | +25.1% |
| Assessed Value | $15,907 | $16,062 | -1.0% |
| Land Value | $7,909,050 | $6,323,470 | +25.1% |
| Improvement Value | — | — | — |
| Taxable Value | $15,907 | $16,062 | -1.0% |
| HS Cap Loss | -$7,893,143 | — | |
| Total Tax 2026 = estimate |
~$271
Estimated
|
~$274
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,909,050 | $7,909,050 | — | −$7,893,143 | $15,907 | $15,907 | Not yet — post-cert | Preliminary |
| 2025 | $6,323,470 | $6,323,470 | — | −$6,307,408 | $16,062 | $16,062 | ~$274 | Partial |
| 2024 | $6,323,470 | $6,323,470 | — | −$6,308,005 | $15,465 | $15,465 | $259 | Verified |
| 2023 | $6,702,070 | $6,702,070 | — | −$6,689,842 | $12,228 | $12,228 | $200 | Verified |
| 2022 | $6,702,070 | $6,702,070 | — | −$6,690,741 | $11,329 | $11,329 | $202 | Verified |
| 2021 | $3,352,368 | — | — | −$3,341,965 | $10,403 | $10,403 | $196 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.1% | -1.0% | 0.2% | Not available | Partial |
| 2025 | +0.0% | +3.9% | 0.2% | Not available | Partial |
| 2024 | -5.6% | +26.5% | 0.2% | No billing data | Verified |
| 2023 | +0.0% | +7.9% | 0.2% | No billing data | Verified |
| 2022 | +99.9% ! | +8.9% | 0.2% | No billing data | Verified |
| 2021 | base year | — | 0.3% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +88.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.1% | +23.9% | +4.2% | +99.9% | 2022 | -5.6% | 2024 |
| Assessment Ratio | 0.2% | 0.2% | — | 0.3% | 2021 | 0.2% | 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 |
$274 | $226 | ~$140,403 | $274 | 2025 | $196 | 2021 |
Market value changed by 100% 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 | ~$8,243,339 | ~$8,243,339 | ~1.6590% | ~$136,760 | +4.2% |
| 2028 | ~$8,591,757 | ~$8,591,757 | ~1.6140% | ~$138,670 | +8.6% |
| 2029 | ~$8,954,902 | ~$8,954,902 | ~1.5689% | ~$140,497 | +13.2% |
| 2030 | ~$9,333,396 | ~$9,333,396 | ~1.5239% | ~$142,230 | +18.0% |
| 2031 | ~$9,727,887 | ~$9,727,887 | ~1.4788% | ~$143,860 | +23.0% |
| 2027 | ~$8,085,158 | ~$8,085,158 | ~1.7041% | ~$137,778 | +2.2% |
| 2028 | ~$8,265,187 | ~$8,265,187 | ~1.7041% | ~$140,846 | +4.5% |
| 2029 | ~$8,449,225 | ~$8,449,225 | ~1.7041% | ~$143,982 | +6.8% |
| 2030 | ~$8,637,361 | ~$8,637,361 | ~1.7041% | ~$147,188 | +9.2% |
| 2031 | ~$8,829,686 | ~$8,829,686 | ~1.7041% | ~$150,465 | +11.6% |
| 2027 | ~$8,401,520 | ~$8,401,520 | ~1.6365% | ~$137,492 | +6.2% |
| 2028 | ~$8,924,655 | ~$8,924,655 | ~1.5689% | ~$140,022 | +12.8% |
| 2029 | ~$9,480,363 | ~$9,480,363 | ~1.5014% | ~$142,335 | +19.9% |
| 2030 | ~$10,070,673 | ~$10,070,673 | ~1.4338% | ~$144,392 | +27.3% |
| 2031 | ~$10,697,740 | ~$10,697,740 | ~1.3662% | ~$146,154 | +35.3% |
In 2025, this property's market value of $6,323,470 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 | $6,323,470 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $6,323,470 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $6,702,070 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $6,702,070 | $166,375 | $416,994 | $932,726 | ↑ Top 25% | +46.1% |
| 2021 | $3,352,368 | $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 | — |