8955 W STATE HY 71 TX
| Owner | WORRELL KEITH REVOCABLE TRUST & |
|---|---|
| Parcel ID | 0101500208 |
| Short ID | 101553 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,560 SF |
| Land SF | 2,320,877 SF |
| Acres | 53.280 |
| Year Built | 1978 |
| Legal | ABS 2264 SUR 63 MCCLURE H ACR 49.28 (1-D-1W) |
| Neighborhood | 1SW3 |
| Land | $6,654,863 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,654,863 |
| Improvement | $38,242 |
|---|---|
| Total Improvement | $38,242 |
| Market | $6,693,105 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,693,105 |
| Value Limitation Adjustment (−) (homestead cap) | −$6,434,912 |
| Net Appraised (assessed) | $258,193 |
| Taxable Value | $258,193 |
|---|
Appreciation: Market value has risen +10221.5% from $64,846 (2021) to $6,693,105 (2025), a CAGR of 218.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 +479.4%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,284. Austin ISD is the largest single contributor, at 43.9% of the total 2025 levy.
Assessment Gap: Assessed value ($258,193) is $6,434,912 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 99% of market value ($6,654,863 land vs $38,242 improvements), about $3/SF of land. With value concentrated in the land under a ~48-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,693,105, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, 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 +375.2% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $16,220,306,901 by 2030, with an estimated annual tax burden around $7,833. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,560 SF | ✓ |
| 051 | CARPORT DET 1ST | 960 SF | ✗ |
| 513 | DECK COVERED | 700 SF | ✗ |
| 121 | WATER/SEWER INF | 1 SF | ✓ |
| 579 | STORAGE DET FV | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 101553 | WORRELL ROSIE ESTATE | 8955 STATE HY 71 78735 | $253,195 | $91,371 | $0 |
| 101554 | WORRELL ROSIE ESTATE | 0.000 | $6,439,910 | $5,227 | $5,227 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $46.24 | $46.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26.19 | $26.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18.78 | $18.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8.34 | $8.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5.90 | $5.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $105.45 | $105.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,693,105 | $6,693,105 | +0.0% |
| Assessed Value | $96,598 | $258,193 | -62.6% |
| Land Value | $6,717,830 | $6,654,863 | +0.9% |
| Improvement Value | — | $38,242 | — |
| Taxable Value | $5,227 | $258,193 | -98.0% |
| Exemptions | HS,OV65 | S | |
| HS Cap Loss | -$6,596,507 | — | |
| Total Tax 2026 = estimate |
~$107
Estimated
|
~$105
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,693,105 | $6,693,105 | +0 (+0.0%) |
| Taxable Value | $5,227 | $5,227 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,693,105 | $6,717,830 | — | −$6,596,507 | $96,598 | $5,227 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,693,105 | $6,654,863 | $38,242 | −$6,434,912 | $258,193 | $258,193 | ~$105 | Partial |
| 2024 | $386,566 | — | — | −$129,244 | $257,322 | $— | $111 | Verified |
| 2023 | $62,408 | — | — | — | $360,000 ! | $— | $107 | Verified |
| 2022 | $62,369 | — | — | −$6,369 | $56,000 | $— | $392 | Verified |
| 2021 | $64,846 | — | — | −$8,846 | $56,000 | $— | $94 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +4.6% | 0.1% | Not available | Partial |
| 2025 | +0.0% | +11.9% | 0.1% | Not available | Partial |
| 2024 | +0.0% | -4.8% | 0.1% | 0.0000% | Verified |
| 2023 | +0.0% | +4.1% | 0.1% | 0.0000% | Verified |
| 2022 | +0.0% | +4.3% | 0.1% | 0.0100% | Verified |
| 2021 | base year | — | 0.1% | 0.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +429.4% | +375.2% | +1631.4% | 2025 | -3.8% | 2022 |
| Assessment Ratio | 1.4% | 137.5% | — | 576.8% | 2023 | 1.4% | 2026 |
| 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 |
$105 | $162 | ~$6,737 | $392 | 2022 | $94 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,806,357 | ~$284,012 | ~2.0139% | ~$5,720 | +375.2% |
| 2027 | ~$151,147,236 | ~$312,414 | ~1.9814% | ~$6,190 | +2158.3% |
| 2028 | ~$718,267,962 | ~$343,655 | ~1.9488% | ~$6,697 | +10631.5% |
| 2029 | ~$3,413,286,801 | ~$378,020 | ~1.9163% | ~$7,244 | +50897.1% |
| 2030 | ~$16,220,306,901 | ~$415,822 | ~1.8837% | ~$7,833 | +242243.5% |
| 2026 | ~$31,672,495 | ~$284,012 | ~2.0465% | ~$5,812 | +373.2% |
| 2027 | ~$149,877,659 | ~$312,414 | ~2.0465% | ~$6,394 | +2139.3% |
| 2028 | ~$709,237,242 | ~$343,655 | ~2.0465% | ~$7,033 | +10496.5% |
| 2029 | ~$3,356,187,101 | ~$378,020 | ~2.0465% | ~$7,736 | +50043.9% |
| 2030 | ~$15,881,839,226 | ~$415,822 | ~2.0465% | ~$8,510 | +237186.6% |
| 2026 | ~$31,940,219 | ~$284,012 | ~1.9977% | ~$5,674 | +377.2% |
| 2027 | ~$152,422,168 | ~$312,414 | ~1.9488% | ~$6,088 | +2177.3% |
| 2028 | ~$727,375,018 | ~$343,655 | ~1.9000% | ~$6,530 | +10767.5% |
| 2029 | ~$3,471,112,010 | ~$378,020 | ~1.8512% | ~$6,998 | +51761.0% |
| 2030 | ~$16,564,520,770 | ~$415,822 | ~1.8024% | ~$7,495 | +247386.3% |
In 2025, this property's market value of $6,693,105 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 11× the county median of $597,708. 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 | $6,693,105 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | $386,566 | $217,016 | $597,296 | $1,446,593 | ↓ Below median | +23.7% |
| 2023 | $62,408 | $167,963 | $453,916 | $1,078,522 | ↓ Bottom 25% | +0.0% |
| 2022 | $62,369 | $180,794 | $446,888 | $1,009,883 | ↓ Bottom 25% | +46.1% |
| 2021 | $64,846 | $33,611 | $103,166 | $247,000 | ↓ Below median | base yr |
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.