SCENIC DR TX 78703
| Owner | FAITH ROBERT A REVOCABLE TRUST |
|---|---|
| Parcel ID | 0116090107 |
| Short ID | 116372 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | — |
| Acres | — |
| Year Built | — |
| Legal | ACR 3.8323 WALSH ESTATE ABS 313 SUR 8 GILBERT D J |
| Neighborhood | X2000WF |
| Land | $194,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $194,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $194,400 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $194,400 |
| Value Limitation Adjustment (−) (homestead cap) | −$15,924 |
| Net Appraised (assessed) | $178,476 |
| Exemptions (−) (HS) | −$35,695 |
|---|---|
| Taxable Value | $142,781 |
Appreciation: Market value has risen +20.0% from $162,000 (2021) to $194,400 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2025), 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 +487.2%, so this parcel has lagged the broader land/vacant 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 $2,922. Austin ISD is the largest single contributor, at 50.1% of the total 2025 levy.
Assessment Gap: Assessed value ($178,476) is $15,924 below market value, suggesting potential for an upward assessment in future years.
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 ($194,400 land vs $0 improvements). 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 $194,400, this parcel sits in the upper-middle (50th–75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $244,159 by 2030, with an estimated annual tax burden around $4,599. 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.
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% | $1,640.83 | $1,640.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $748.20 | $748.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $536.64 | $536.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $182.70 | $182.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $168.51 | $168.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,276.88 | $3,276.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $194,400 | $194,400 | +0.0% |
| Assessed Value | $194,400 | $178,476 | +8.9% |
| Land Value | $194,400 | $194,400 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $155,520 | $142,781 | +8.9% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$3,183
Estimated
|
~$3,277
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $194,400 | $194,400 | +0 (+0.0%) |
| Taxable Value | $155,520 | $155,520 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $194,400 | $194,400 | — | — | $194,400 | $155,520 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $194,400 | $194,400 | — | −$15,924 | $178,476 | $142,781 | ~$3,277 | Partial |
| 2024 | $— | — | — | — | $162,000 | $— | $2,900 | Verified |
| 2023 | $— | — | — | — | $162,000 | $— | $2,647 | Verified |
| 2022 | $— | — | — | — | $162,000 | $— | $3,199 | Verified |
| 2021 | $162,000 | — | — | — | $162,000 | $— | $3,526 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +8.9% | ~100% | Not available | Partial |
| 2025 | +20.0% | +10.2% | 91.8% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +10.0% | +4.7% | +20.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 97.3% | — | 100.0% | 2021 | 91.8% | 2025 |
| Effective Tax Rate (2025) | 1.6900% | 1.6900% | — | 1.6900% | 2025 | 1.6900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,277 | $3,402 | ~$4,317 | $3,526 | 2021 | $3,277 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$203,466 | ~$196,324 | ~2.0139% | ~$3,954 | +4.7% |
| 2027 | ~$212,955 | ~$212,955 | ~1.9814% | ~$4,219 | +9.5% |
| 2028 | ~$222,886 | ~$222,886 | ~1.9488% | ~$4,344 | +14.7% |
| 2029 | ~$233,280 | ~$233,280 | ~1.9163% | ~$4,470 | +20.0% |
| 2030 | ~$244,159 | ~$244,159 | ~1.8837% | ~$4,599 | +25.6% |
| 2026 | ~$199,578 | ~$196,324 | ~2.0465% | ~$4,018 | +2.7% |
| 2027 | ~$204,894 | ~$204,894 | ~2.0465% | ~$4,193 | +5.4% |
| 2028 | ~$210,351 | ~$210,351 | ~2.0465% | ~$4,305 | +8.2% |
| 2029 | ~$215,954 | ~$215,954 | ~2.0465% | ~$4,419 | +11.1% |
| 2030 | ~$221,706 | ~$221,706 | ~2.0465% | ~$4,537 | +14.0% |
| 2026 | ~$207,354 | ~$196,324 | ~1.9977% | ~$3,922 | +6.7% |
| 2027 | ~$221,171 | ~$215,956 | ~1.9488% | ~$4,209 | +13.8% |
| 2028 | ~$235,909 | ~$235,909 | ~1.9000% | ~$4,482 | +21.4% |
| 2029 | ~$251,628 | ~$251,628 | ~1.8512% | ~$4,658 | +29.4% |
| 2030 | ~$268,396 | ~$268,396 | ~1.8024% | ~$4,837 | +38.1% |
In 2025, this property's market value of $194,400 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — +129% above the county median of $85,028. 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 | $194,400 | $24,862 | $85,028 | $363,420 | ↑ Above median | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $162,000 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | 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.