F M RD 1100 78621
| Owner | ELGIN INDEPENDENT SCHOOL DISTRICT |
|---|---|
| Parcel ID | 0643080603 |
| Short ID | 967495 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 813,439 SF |
| Acres | 18.674 |
| Year Built | — |
| Legal | STONE CREEK RANCH LOT 2 |
| Neighborhood | _BACRE |
| Land | $1,400,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,400,550 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,400,550 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,400,550 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,400,550 |
| Taxable Value | $1,400,550 |
|---|
Appreciation: Market value has risen +114.3% from $653,590 (2023) to $1,400,550 (2025), a CAGR of 46.4% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +18.1%, so this parcel has outpaced the broader land/vacant market over the same period.
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 100% of market value ($1,400,550 land vs $0 improvements), about $2/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 $1,400,550, 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 +28.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,988,316 by 2031, with an estimated annual tax burden around $0. 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.
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,400,550 | $1,400,550 | +0.0% |
| Assessed Value | $1,400,550 | $1,400,550 | +0.0% |
| Land Value | $1,400,550 | $1,400,550 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,400,550 | $1,400,550 | — | — | $1,400,550 | $— | Not yet — post-cert | Preliminary |
| 2025 | $1,400,550 | $1,400,550 | — | — | $1,400,550 | $— | not in county billing file Why? | Partial |
| 2024 | $1,400,550 | $1,400,550 | — | −$616,242 | $784,308 | $784,308 | $3,772 | Verified |
| 2023 | $653,590 | $653,590 | — | — | $653,590 | $653,590 | $3,294 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +78.6% | ~100% | Not available | Partial |
| 2024 | +114.3% ! | +20.0% | 56.0% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +114.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +38.1% | +28.9% | +114.3% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 89.0% | — | 100.0% | 2023 | 56.0% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $3,772 | $3,533 | — | $3,772 | 2024 | $3,294 | 2023 |
Market value changed by 114% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,805,634 | ~$1,805,634 | ~0.0000% | ~$0 | +28.9% |
| 2028 | ~$2,327,881 | ~$2,327,881 | ~0.0000% | ~$0 | +66.2% |
| 2029 | ~$3,001,179 | ~$3,001,179 | ~0.0000% | ~$0 | +114.3% |
| 2030 | ~$3,869,215 | ~$3,869,215 | ~0.0000% | ~$0 | +176.3% |
| 2031 | ~$4,988,316 | ~$4,988,316 | ~0.0000% | ~$0 | +256.2% |
| 2027 | ~$1,777,623 | ~$1,777,623 | ~0.0000% | ~$0 | +26.9% |
| 2028 | ~$2,256,216 | ~$2,256,216 | ~0.0000% | ~$0 | +61.1% |
| 2029 | ~$2,863,661 | ~$2,863,661 | ~0.0000% | ~$0 | +104.5% |
| 2030 | ~$3,634,650 | ~$3,634,650 | ~0.0000% | ~$0 | +159.5% |
| 2031 | ~$4,613,215 | ~$4,613,215 | ~0.0000% | ~$0 | +229.4% |
| 2027 | ~$1,833,645 | ~$1,833,645 | ~0.0000% | ~$0 | +30.9% |
| 2028 | ~$2,400,667 | ~$2,400,667 | ~0.0000% | ~$0 | +71.4% |
| 2029 | ~$3,143,029 | ~$3,143,029 | ~0.0000% | ~$0 | +124.4% |
| 2030 | ~$4,114,955 | ~$4,114,955 | ~0.0000% | ~$0 | +193.8% |
| 2031 | ~$5,387,430 | ~$5,387,430 | ~0.0000% | ~$0 | +284.7% |
In 2025, this property's market value of $1,400,550 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 17× 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 | $1,400,550 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,400,550 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $653,590 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 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 | 2023–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 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 | — |