26108 MASTERS PKWY TX 78669
| Owner | SWARTZEL MICHAEL E & PHYLLIS M |
|---|---|
| Parcel ID | 0574090124 |
| Short ID | 357870 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 40,075 SF |
| Acres | 0.920 |
| Year Built | — |
| Legal | LOT 24 BLK 2 RANCH SEC 9 THE |
| Neighborhood | Q6003 |
| Land | $416,904 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $416,904 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $374,276 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $374,276 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $374,276 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $374,276 |
Appreciation: Market value has risen +411.8% from $73,125 (2021) to $374,276 (2025), a CAGR of 50.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 0.6644% in 2025 (+0.0540% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,487. Travis County is the largest single contributor, at 51.1% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 111% of market value ($416,904 land vs $0 improvements), about $10/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 $374,276, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +35.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,530,846 by 2031, with an estimated annual tax burden around $3,649. 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% | $973.27 | $973.27 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $348.13 | $348.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $291.63 | $291.63 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $290.06 | $290.06 | Paid |
| Combined Rate | 0.6542% | 0.5699% | 0.5593% | 0.6104% | 0.6644% | +0.0540% | $1,903.09 | $1,903.09 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $973.27 | 51.1% |
| E08 Travis County ESD # 08 | 0.0930% | $348.13 | 18.3% |
| THD Travis Central Health | 0.1180% | $291.63 | 15.3% |
| E16 Travis County ESD # 16 | 0.0775% | $290.06 | 15.2% |
| Total | 0.6644% | $1,903.09 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $334,579 | $374,276 | -10.6% |
| Assessed Value | $334,579 | $374,276 | -10.6% |
| Land Value | $334,579 | $416,904 | -19.7% |
| Improvement Value | — | — | — |
| Taxable Value | $334,579 | $374,276 | -10.6% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$2,223
Estimated
|
~$1,903
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $334,579 | $334,579 | — | — | $334,579 | $334,579 | Not yet — post-cert | Preliminary |
| 2025 | $374,276 | $416,904 | — | — | $374,276 | $374,276 | ~$1,903 | Partial |
| 2024 | $374,276 | $409,500 | — | −$163,121 | $211,155 | $144,086 | $1,652 | Verified |
| 2023 | $401,000 | $438,750 | — | −$209,041 | $191,959 | $89,179 | $1,263 | Verified |
| 2022 | $174,508 | $204,750 | — | — | $174,508 | $174,508 | $911 | Verified |
| 2021 | $73,125 | $73,125 | — | — | $73,125 | $73,125 | $478 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.6% | -10.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +77.3% | ~100% | Not available | Partial |
| 2024 | -6.7% | +10.0% | 56.4% | No billing data | Verified |
| 2023 | +129.8% ! | +10.0% | 47.9% | No billing data | Verified |
| 2022 | +138.6% ! | +138.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +411.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.6% | +50.2% | +35.5% | +138.6% | 2022 | -10.6% | 2026 |
| Assessment Ratio | 100.0% | 84.0% | — | 100.0% | 2021 | 47.9% | 2023 |
| Effective Tax Rate (2025) | 0.5100% | 0.5100% | — | 0.5100% | 2025 | 0.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,903 | $1,241 | ~$3,022 | $1,903 | 2025 | $478 | 2021 |
Market value changed by 139% 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 | ~$453,508 | ~$368,037 | ~0.6669% | ~$2,455 | +35.5% |
| 2028 | ~$614,712 | ~$404,841 | ~0.6695% | ~$2,710 | +83.7% |
| 2029 | ~$833,217 | ~$445,325 | ~0.6720% | ~$2,993 | +149.0% |
| 2030 | ~$1,129,393 | ~$489,857 | ~0.6746% | ~$3,305 | +237.6% |
| 2031 | ~$1,530,846 | ~$538,843 | ~0.6771% | ~$3,649 | +357.5% |
| 2027 | ~$446,817 | ~$368,037 | ~0.6644% | ~$2,445 | +33.5% |
| 2028 | ~$596,706 | ~$404,841 | ~0.6644% | ~$2,690 | +78.3% |
| 2029 | ~$796,876 | ~$445,325 | ~0.6644% | ~$2,959 | +138.2% |
| 2030 | ~$1,064,196 | ~$489,857 | ~0.6644% | ~$3,255 | +218.1% |
| 2031 | ~$1,421,191 | ~$538,843 | ~0.6644% | ~$3,580 | +324.8% |
| 2027 | ~$460,200 | ~$368,037 | ~0.6682% | ~$2,459 | +37.5% |
| 2028 | ~$632,986 | ~$404,841 | ~0.6720% | ~$2,721 | +89.2% |
| 2029 | ~$870,647 | ~$445,325 | ~0.6759% | ~$3,010 | +160.2% |
| 2030 | ~$1,197,540 | ~$489,857 | ~0.6797% | ~$3,330 | +257.9% |
| 2031 | ~$1,647,168 | ~$538,843 | ~0.6835% | ~$3,683 | +392.3% |
In 2025, this property's market value of $374,276 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 4× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $374,276 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $374,276 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $401,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $174,508 | $15,000 | $55,000 | $180,000 | ↑ Above median | +100.0% |
| 2021 | $73,125 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |