KENNELWOOD RD TX 78703
| Owner | FAITH ROBERT A REVOCABLE TRUST |
|---|---|
| Parcel ID | 0117090614 |
| Short ID | 117154 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 42,994 SF |
| Acres | 0.987 |
| Year Built | — |
| Legal | ABS 313 SUR 8 GILBERT D J ACR .9941 |
| Neighborhood | X8000 |
| Land | $3,419,623 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,419,623 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,419,623 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,419,623 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,419,623 |
| Exemptions (−) (HS) | −$683,925 |
|---|---|
| Taxable Value | $2,735,698 |
Appreciation: Market value has risen +122.1% from $1,540,000 (2021) to $3,419,623 (2025), a CAGR of 22.1% over 4 years. This is strong appreciation — well above typical inflation. 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 $55,986. Austin ISD is the largest single contributor, at 50.1% 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 100% of market value ($3,419,623 land vs $0 improvements), about $80/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 $3,419,623, this parcel sits in the top quartile (≥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 +22.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,269,368 by 2030, with an estimated annual tax burden around $103,744. 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.
Market value changed by 105% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $31,438.54 | $31,438.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,335.52 | $14,335.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,281.98 | $10,281.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,500.53 | $3,500.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,228.75 | $3,228.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $62,785.32 | $62,785.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,274,529 | $3,419,623 | +25.0% |
| Assessed Value | $3,762,381 | $3,419,623 | +10.0% |
| Land Value | $4,274,529 | $3,419,623 | +25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $3,009,905 | $2,735,698 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$512,148 | — | |
| Total Tax 2026 = estimate |
~$61,597
Estimated
|
~$62,785
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,274,529 | $4,274,529 | +0 (+0.0%) |
| Taxable Value | $3,009,905 | $3,009,905 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,274,529 | $4,274,529 | — | −$512,148 | $3,762,381 | $3,009,905 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,419,623 | $3,419,623 | — | — | $3,419,623 | $2,735,698 | ~$62,785 | Partial |
| 2024 | $— | — | — | — | $3,150,000 | $— | $56,388 | Verified |
| 2023 | $— | — | — | — | $3,150,000 | $— | $51,466 | Verified |
| 2022 | $— | — | — | — | $3,150,000 | $— | $62,210 | Verified |
| 2021 | $1,540,000 | — | — | — | $1,540,000 | $— | $33,521 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.0% | +10.0% | 88.0% | Not available | Partial |
| 2025 | +8.6% | +8.6% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6300% | Verified |
| 2022 | +104.5% ! | +104.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +122.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.0% | +73.5% | +17.2% | +122.1% | 2025 | +25.0% | 2026 |
| Assessment Ratio | 88.0% | 96.0% | — | 100.0% | 2021 | 88.0% | 2026 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$62,785 | $48,153 | ~$89,226 | $62,785 | 2025 | $33,521 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,174,386 | ~$3,761,585 | ~2.0139% | ~$75,756 | +22.1% |
| 2027 | ~$5,095,737 | ~$4,137,744 | ~1.9814% | ~$81,985 | +49.0% |
| 2028 | ~$6,220,444 | ~$4,551,518 | ~1.9488% | ~$88,702 | +81.9% |
| 2029 | ~$7,593,391 | ~$5,006,670 | ~1.9163% | ~$95,942 | +122.1% |
| 2030 | ~$9,269,368 | ~$5,507,337 | ~1.8837% | ~$103,744 | +171.1% |
| 2026 | ~$4,105,994 | ~$3,761,585 | ~2.0465% | ~$76,980 | +20.1% |
| 2027 | ~$4,930,129 | ~$4,137,744 | ~2.0465% | ~$84,678 | +44.2% |
| 2028 | ~$5,919,681 | ~$4,551,518 | ~2.0465% | ~$93,146 | +73.1% |
| 2029 | ~$7,107,852 | ~$5,006,670 | ~2.0465% | ~$102,461 | +107.9% |
| 2030 | ~$8,534,506 | ~$5,507,337 | ~2.0465% | ~$112,707 | +149.6% |
| 2026 | ~$4,242,778 | ~$3,761,585 | ~1.9977% | ~$75,144 | +24.1% |
| 2027 | ~$5,264,080 | ~$4,137,744 | ~1.9488% | ~$80,638 | +53.9% |
| 2028 | ~$6,531,224 | ~$4,551,518 | ~1.9000% | ~$86,480 | +91.0% |
| 2029 | ~$8,103,390 | ~$5,006,670 | ~1.8512% | ~$92,683 | +137.0% |
| 2030 | ~$10,054,000 | ~$5,507,337 | ~1.8024% | ~$99,263 | +194.0% |
In 2025, this property's market value of $3,419,623 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 40× 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 | $3,419,623 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +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 | $1,540,000 | $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.