5408 CANYON OAKS DR TX 78645
| Owner | LONGAKER JAMES M JR & KAREN A |
|---|---|
| Parcel ID | 0174830112 |
| Short ID | 727366 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,884 SF |
| Land SF | 39,073 SF |
| Acres | 0.897 |
| Year Built | 2024 |
| Legal | LOT 6 CANYON OAKS PHS 2 |
| Neighborhood | S09WF |
| Land | $1,300,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,300,000 |
| Improvement | $761,836 |
|---|---|
| Total Improvement | $761,836 |
| Market | $2,061,836 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,061,836 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,061,836 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $2,061,836 |
Appreciation: Market value has risen +930.9% from $200,000 (2021) to $2,061,836 (2025), a CAGR of 79.2% 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.
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 63% of market value ($1,300,000 land vs $761,836 improvements), about $33/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,061,836, 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 +79.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $38,087,658 by 2030, with an estimated annual tax burden around $0. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,884 SF | ✗ |
| 1ST | 1st Floor | 2,691 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 2,607 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 1,408 SF | ✗ |
| 2ND | 2nd Floor | 1,193 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 504 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
| 410 | OUTDOOR KITCHEN | 1 SF | ✓ |
Market value changed by 195% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,525,482 | $2,061,836 | -26.0% |
| Assessed Value | $1,525,482 | $2,061,836 | -26.0% |
| Land Value | $540,000 | $1,300,000 | -58.5% |
| Improvement Value | $985,482 | $761,836 | +29.4% |
| Taxable Value | — | — | — |
| Exemptions | HS | HS | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,525,482 | $1,525,482 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,525,482 | $540,000 | $985,482 | — | $1,525,482 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,061,836 | $1,300,000 | $761,836 | — | $2,061,836 | $— | not in county billing file ⓘ | Partial |
| 2024 | $— | — | — | — | $1,300,000 | $— | $3,626 | Verified |
| 2023 | $— | — | — | — | $440,000 | $— | $8,900 | Verified |
| 2022 | $— | — | — | — | $440,000 | $— | $9,716 | Verified |
| 2021 | $200,000 | — | — | — | $440,000 ! | $— | $10,904 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.0% | -26.0% | ~100% | Not available | Partial |
| 2025 | +58.6% | +58.6% | ~100% | Not available | Partial |
| 2024 | +195.5% ! | +195.5% | ~100% | 0.2800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.0200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 5.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +368.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.0% | +452.4% | +91.8% | +930.9% | 2025 | -26.0% | 2026 |
| Assessment Ratio | 100.0% | 140.0% | — | 220.0% | 2021 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $10,904 | $10,904 | — | $10,904 | 2021 | $10,904 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,694,538 | ~$2,268,020 | ~0.0000% | ~$0 | +79.2% |
| 2027 | ~$6,620,125 | ~$2,494,822 | ~0.0000% | ~$0 | +221.1% |
| 2028 | ~$11,862,390 | ~$2,744,304 | ~0.0000% | ~$0 | +475.3% |
| 2029 | ~$21,255,838 | ~$3,018,734 | ~0.0000% | ~$0 | +930.9% |
| 2030 | ~$38,087,658 | ~$3,320,607 | ~0.0000% | ~$0 | +1747.3% |
| 2026 | ~$3,653,301 | ~$2,268,020 | ~0.0000% | ~$0 | +77.2% |
| 2027 | ~$6,473,168 | ~$2,494,822 | ~0.0000% | ~$0 | +214.0% |
| 2028 | ~$11,469,600 | ~$2,744,304 | ~0.0000% | ~$0 | +456.3% |
| 2029 | ~$20,322,618 | ~$3,018,734 | ~0.0000% | ~$0 | +885.7% |
| 2030 | ~$36,008,997 | ~$3,320,607 | ~0.0000% | ~$0 | +1646.5% |
| 2026 | ~$3,735,775 | ~$2,268,020 | ~0.0000% | ~$0 | +81.2% |
| 2027 | ~$6,768,731 | ~$2,494,822 | ~0.0000% | ~$0 | +228.3% |
| 2028 | ~$12,264,048 | ~$2,744,304 | ~0.0000% | ~$0 | +494.8% |
| 2029 | ~$22,220,837 | ~$3,018,734 | ~0.0000% | ~$0 | +977.7% |
| 2030 | ~$40,261,224 | ~$3,320,607 | ~0.0000% | ~$0 | +1852.7% |
In 2025, this property's market value of $2,061,836 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 24× 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 | $2,061,836 | $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 | $200,000 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |