2305 FAR GALLANT DR TX 78746
| Owner | DAVENPORT RANCH MASTER |
|---|---|
| Parcel ID | 0125190711 |
| Short ID | 423074 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 409,899 SF |
| Acres | 9.410 |
| Year Built | — |
| Legal | LOT 33 BLK B DAVENPORT RANCH PHS 7 SEC 3 AMENDED |
| Neighborhood | M6100 |
| Land | $27,493 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $27,493 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $27,493 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $27,493 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $27,493 |
| Taxable Value | $27,493 |
|---|
Appreciation: Market value has risen +99.9% from $13,750 (2021) to $27,493 (2025), a CAGR of 18.9% 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 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $537. Eanes ISD is the largest single contributor, at 42.6% 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 ($27,493 land vs $0 improvements), about $0/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 $27,493, this parcel sits in the lower-middle (25th–50th 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 +18.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $65,369 by 2030, with an estimated annual tax burden around $1,095. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $228.80 | $228.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $144.07 | $144.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $103.33 | $103.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $32.45 | $32.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $28.43 | $28.43 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $537.08 | $537.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,493 | $27,493 | +0.0% |
| Assessed Value | $27,493 | $27,493 | +0.0% |
| Land Value | $27,493 | $27,493 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $27,493 | $27,493 | +0.0% |
| Total Tax 2026 = estimate |
~$537
Estimated
|
~$537
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,493 | $27,493 | +0 (+0.0%) |
| Taxable Value | $27,493 | $27,493 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $27,493 | $27,493 | — | — | $27,493 | $27,493 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $27,493 | $27,493 | — | — | $27,493 | $27,493 | ~$537 | Partial |
| 2024 | $— | — | — | — | $27,500 | $— | $474 | Verified |
| 2023 | $— | — | — | — | $20,625 | $— | $379 | Verified |
| 2022 | $— | — | — | — | $20,625 | $— | $409 | Verified |
| 2021 | $13,750 | — | — | — | $13,750 | $— | $299 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -0.0% | +11.1% | ~100% | Not available | Partial |
| 2024 | +33.3% | +20.0% | 90.0% | 1.7300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8400% | Verified |
| 2022 | +50.0% | +50.0% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +99.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +50.0% | +18.9% | +99.9% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$537 | $418 | ~$842 | $537 | 2025 | $299 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$32,693 | ~$32,693 | ~1.8979% | ~$620 | +18.9% |
| 2027 | ~$38,876 | ~$38,876 | ~1.8423% | ~$716 | +41.4% |
| 2028 | ~$46,229 | ~$46,229 | ~1.7868% | ~$826 | +68.1% |
| 2029 | ~$54,972 | ~$54,972 | ~1.7312% | ~$952 | +99.9% |
| 2030 | ~$65,369 | ~$65,369 | ~1.6756% | ~$1,095 | +137.8% |
| 2026 | ~$32,143 | ~$32,143 | ~1.9535% | ~$628 | +16.9% |
| 2027 | ~$37,579 | ~$37,579 | ~1.9535% | ~$734 | +36.7% |
| 2028 | ~$43,935 | ~$43,935 | ~1.9535% | ~$858 | +59.8% |
| 2029 | ~$51,366 | ~$51,366 | ~1.9535% | ~$1,003 | +86.8% |
| 2030 | ~$60,054 | ~$60,054 | ~1.9535% | ~$1,173 | +118.4% |
| 2026 | ~$33,243 | ~$33,243 | ~1.8701% | ~$622 | +20.9% |
| 2027 | ~$40,195 | ~$40,195 | ~1.7868% | ~$718 | +46.2% |
| 2028 | ~$48,601 | ~$48,601 | ~1.7034% | ~$828 | +76.8% |
| 2029 | ~$58,765 | ~$58,765 | ~1.6200% | ~$952 | +113.7% |
| 2030 | ~$71,054 | ~$71,054 | ~1.5367% | ~$1,092 | +158.4% |
In 2025, this property's market value of $27,493 places it in the 25th–50th percentile for Land/Vacant properties in Travis County (35611 comparable) — -68% below 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 | $27,493 | $24,862 | $85,028 | $363,420 | ↓ Below 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 | $13,750 | $6,000 | $14,480 | $80,000 | ↓ 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.