WOOD ACRE LN TX 78733
| Owner | KONEVAL VENTURES LLC |
|---|---|
| Parcel ID | 0133341247 |
| Short ID | 868790 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 2,483 SF |
| Acres | 0.057 |
| Year Built | — |
| Legal | 0.057 AC OF LOT 3 BLK A WERKENTHIN EAST |
| Neighborhood | N8200 |
| Land | $400,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $400,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $400,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$399,520 |
| Net Appraised (assessed) | $480 |
| Taxable Value | $480 |
|---|
Appreciation: Market value has risen +133233.3% from $300 (2021) to $400,000 (2025), a CAGR of 504.3% 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 outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.4261% in 2025 (-0.0118% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $7. Eanes ISD is the largest single contributor, at 58.4% of the total 2025 levy.
Assessment Gap: Assessed value ($480) is $399,520 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 ($400,000 land vs $0 improvements), about $161/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 $400,000, 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 +504.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,222,800,424 by 2030, with an estimated annual tax burden around $37,744,770. 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 99900% in 2025, 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% | $3.33 | $3.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1.50 | $1.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $0.47 | $0.47 | Paid |
| E10 Travis County ESD # 10 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $0.40 | $0.40 | Paid |
| Combined Rate | 1.6300% | 1.5215% | 1.3933% | 1.4379% | 1.4261% | -0.0118% | $5.70 | $5.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $400 | $400,000 | -99.9% |
| Assessed Value | $400 | $480 | -16.7% |
| Land Value | $4,000 | $400,000 | -99.0% |
| Improvement Value | — | — | — |
| Taxable Value | $400 | $480 | -16.7% |
| Total Tax 2026 = estimate |
~$6
Estimated
|
~$6
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,000 | $400 | -3,600 (-90.0%) |
| Taxable Value | $480 | $400 | -80 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $400 | $4,000 | — | — | $400 | $400 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $400,000 | $400,000 | — | −$399,520 | $480 | $480 | ~$6 | Partial |
| 2024 | $— | — | — | — | $400 | $— | $6 | Verified |
| 2023 | $— | — | — | — | $400 | $— | $6 | Verified |
| 2022 | $— | — | — | — | $400 | $— | $6 | Verified |
| 2021 | $300 | — | — | — | $300 | $— | $5 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -99.0% ! | +0.0% | 12.0% | Not available | Partial |
| 2025 | +99900.0% ! | +20.0% | 0.1% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.4400% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.3900% | Verified |
| 2022 | +33.3% | +33.3% | ~100% | 1.5200% | Verified |
| 2021 | base year | — | ~100% | 1.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +133233.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -99.9% | +66566.7% | +121238.4% | +133233.3% | 2025 | -99.9% | 2026 |
| Assessment Ratio | 100.0% | 66.7% | — | 100.0% | 2021 | 0.1% | 2025 |
| 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 |
$6 | $5 | ~$9,122,649 | $6 | 2025 | $5 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,417,100 | ~$2,417,100 | ~1.3751% | ~$33,237 | +504.3% |
| 2027 | ~$14,605,935 | ~$14,605,935 | ~1.3241% | ~$193,399 | +3551.5% |
| 2028 | ~$88,260,025 | ~$88,260,025 | ~1.2731% | ~$1,123,669 | +21965.0% |
| 2029 | ~$533,333,333 | ~$533,333,333 | ~1.2222% | ~$6,518,171 | +133233.3% |
| 2030 | ~$3,222,800,424 | ~$3,222,800,424 | ~1.1712% | ~$37,744,770 | +805600.1% |
| 2026 | ~$2,409,100 | ~$2,409,100 | ~1.4261% | ~$34,355 | +502.3% |
| 2027 | ~$14,509,411 | ~$14,509,411 | ~1.4261% | ~$206,914 | +3527.4% |
| 2028 | ~$87,386,566 | ~$87,386,566 | ~1.4261% | ~$1,246,192 | +21746.6% |
| 2029 | ~$526,307,508 | ~$526,307,508 | ~1.4261% | ~$7,505,503 | +131476.9% |
| 2030 | ~$3,169,818,964 | ~$3,169,818,964 | ~1.4261% | ~$45,203,774 | +792354.7% |
| 2026 | ~$2,425,100 | ~$2,425,100 | ~1.3496% | ~$32,729 | +506.3% |
| 2027 | ~$14,702,779 | ~$14,702,779 | ~1.2731% | ~$187,186 | +3575.7% |
| 2028 | ~$89,139,284 | ~$89,139,284 | ~1.1967% | ~$1,066,701 | +22184.8% |
| 2029 | ~$540,429,267 | ~$540,429,267 | ~1.1202% | ~$6,053,897 | +135007.3% |
| 2030 | ~$3,276,487,968 | ~$3,276,487,968 | ~1.0437% | ~$34,197,848 | +819022.0% |
In 2025, this property's market value of $400,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $400,000 | $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 | $300 | $6,000 | $14,480 | $80,000 | ↓ Bottom 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.