2012 FRANCES DR TX 78746
| Owner | BEARDSLEY 2002 TRUST |
|---|---|
| Parcel ID | 0119110311 |
| Short ID | 473860 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 88,035 SF |
| Acres | 2.021 |
| Year Built | — |
| Legal | ABS 21 SUR 1 SPARKS W ACR 2.021 |
| Neighborhood | M5700 |
| Land | $3,756,417 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,756,417 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,100,000 |
| Taxable Value | $2,100,000 |
|---|
Appreciation: Market value has risen +122.2% from $945,000 (2021) to $2,100,000 (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 4 taxing entities is 1.4019% in 2025 (-0.0070% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $29,439. Eanes ISD is the largest single contributor, at 59.4% 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 179% of market value ($3,756,417 land vs $0 improvements), about $43/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 $2,100,000, 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 $5,697,753 by 2030, with an estimated annual tax burden around $65,003. 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 85% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $17,476.20 | $17,476.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,892.75 | $7,892.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,478.48 | $2,478.48 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $1,591.80 | $1,591.80 | Paid |
| Combined Rate | 1.6107% | 1.4941% | 1.3668% | 1.4089% | 1.4019% | -0.0070% | $29,439.23 | $29,439.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,100,000 | $2,100,000 | +0.0% |
| Assessed Value | $2,100,000 | $2,100,000 | +0.0% |
| Land Value | $3,720,521 | $3,756,417 | -1.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,100,000 | $2,100,000 | +0.0% |
| Total Tax 2026 = estimate |
~$29,439
Estimated
|
~$29,439
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,720,521 | $2,100,000 | -1,620,521 (-43.6%) |
| Taxable Value | $2,520,000 | $2,100,000 | -420,000 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,100,000 | $3,720,521 | — | — | $2,100,000 | $2,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,100,000 | $3,756,417 | — | — | $2,100,000 | $2,100,000 | ~$29,439 | Partial |
| 2024 | $— | — | — | — | $2,100,000 | $— | $29,587 | Verified |
| 2023 | $— | — | — | — | $3,360,000 | $— | $28,704 | Verified |
| 2022 | $— | — | — | — | $1,750,000 | $— | $26,147 | Verified |
| 2021 | $945,000 | — | — | −$315,000 | $630,000 | $— | $10,147 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +77.2% ! | +20.0% | 67.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -37.5% | -37.5% | ~100% | 1.4100% | Verified |
| 2023 | +92.0% ! | +92.0% | ~100% | 0.8500% | Verified |
| 2022 | +85.2% ! | +85.2% | ~100% | 1.4900% | Verified |
| 2021 | base year | — | ~100% | 1.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +122.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +61.1% | +22.1% | +122.2% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 88.9% | — | 100.0% | 2025 | 66.7% | 2021 |
| Effective Tax Rate (2025) | 1.4000% | 1.4000% | — | 1.4000% | 2025 | 1.4000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,439 | $19,793 | ~$48,699 | $29,439 | 2025 | $10,147 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,563,989 | ~$2,563,989 | ~1.3497% | ~$34,605 | +22.1% |
| 2027 | ~$3,130,495 | ~$3,130,495 | ~1.2975% | ~$40,617 | +49.1% |
| 2028 | ~$3,822,169 | ~$3,822,169 | ~1.2453% | ~$47,596 | +82.0% |
| 2029 | ~$4,666,667 | ~$4,666,667 | ~1.1931% | ~$55,676 | +122.2% |
| 2030 | ~$5,697,753 | ~$5,697,753 | ~1.1409% | ~$65,003 | +171.3% |
| 2026 | ~$2,521,989 | ~$2,521,989 | ~1.4019% | ~$35,355 | +20.1% |
| 2027 | ~$3,028,776 | ~$3,028,776 | ~1.4019% | ~$42,459 | +44.2% |
| 2028 | ~$3,637,399 | ~$3,637,399 | ~1.4019% | ~$50,992 | +73.2% |
| 2029 | ~$4,368,325 | ~$4,368,325 | ~1.4019% | ~$61,238 | +108.0% |
| 2030 | ~$5,246,127 | ~$5,246,127 | ~1.4019% | ~$73,544 | +149.8% |
| 2026 | ~$2,605,989 | ~$2,605,989 | ~1.3236% | ~$34,492 | +24.1% |
| 2027 | ~$3,233,895 | ~$3,233,895 | ~1.2453% | ~$40,270 | +54.0% |
| 2028 | ~$4,013,093 | ~$4,013,093 | ~1.1670% | ~$46,831 | +91.1% |
| 2029 | ~$4,980,036 | ~$4,980,036 | ~1.0887% | ~$54,215 | +137.1% |
| 2030 | ~$6,179,961 | ~$6,179,961 | ~1.0103% | ~$62,439 | +194.3% |
In 2025, this property's market value of $2,100,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 25× 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 | $2,100,000 | $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 | $945,000 | $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.