11506 LIME CREEK RD TX 78641
| Owner | CAPITOL BROADCASTING CORPORATION |
|---|---|
| Parcel ID | 0183470424 |
| Short ID | 182010 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 434,250 SF |
| Acres | 9.969 |
| Year Built | — |
| Legal | LOT 1 GRACE ESTATES |
| Neighborhood | _RGN130 |
| Land | $623,795 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $623,795 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $623,795 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $623,795 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $623,795 |
| Taxable Value | $623,795 |
|---|
Appreciation: Market value has risen +212.9% from $199,378 (2021) to $623,795 (2025), a CAGR of 33.0% 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 6 taxing entities is 1.8841% in 2025 (+0.0525% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,753. Leander ISD is the largest single contributor, at 57.7% 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 ($623,795 land vs $0 improvements), about $1/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 $623,795, 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 +33.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,595,659 by 2030, with an estimated annual tax burden around $41,546. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $6,780.03 | $6,780.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,344.50 | $2,344.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $736.22 | $736.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $645.00 | $645.00 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $623.80 | $623.80 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $623.59 | $623.59 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $11,753.14 | $11,753.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $549,840 | $623,795 | -11.9% |
| Assessed Value | $549,840 | $623,795 | -11.9% |
| Land Value | $549,840 | $623,795 | -11.9% |
| Improvement Value | — | — | — |
| Taxable Value | $549,840 | $623,795 | -11.9% |
| Total Tax 2026 = estimate |
~$10,360
Estimated
|
~$11,753
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $549,840 | $549,840 | +0 (+0.0%) |
| Taxable Value | $549,840 | $549,840 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $549,840 | $549,840 | — | — | $549,840 | $549,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $623,795 | $623,795 | — | — | $623,795 | $623,795 | ~$11,753 | Partial |
| 2024 | $— | — | — | — | $623,795 | $— | $11,426 | Verified |
| 2023 | $— | — | — | — | $549,132 | $— | $9,867 | Verified |
| 2022 | $— | — | — | — | $549,132 | $— | $10,810 | Verified |
| 2021 | $199,378 | — | — | — | $374,474 ! | $— | $7,531 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +13.6% | +13.6% | ~100% | 1.8300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8000% | Verified |
| 2022 | +46.6% | +46.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +66.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.9% | +100.5% | +36.6% | +212.9% | 2025 | -11.9% | 2026 |
| Assessment Ratio | 100.0% | 129.3% | — | 187.8% | 2021 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,753 | $9,642 | ~$26,748 | $11,753 | 2025 | $7,531 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$829,627 | ~$829,627 | ~1.8274% | ~$15,161 | +33.0% |
| 2027 | ~$1,103,378 | ~$1,103,378 | ~1.7707% | ~$19,538 | +76.9% |
| 2028 | ~$1,467,457 | ~$1,467,457 | ~1.7140% | ~$25,152 | +135.2% |
| 2029 | ~$1,951,671 | ~$1,951,671 | ~1.6573% | ~$32,345 | +212.9% |
| 2030 | ~$2,595,659 | ~$2,595,659 | ~1.6006% | ~$41,546 | +316.1% |
| 2026 | ~$817,151 | ~$817,151 | ~1.8841% | ~$15,396 | +31.0% |
| 2027 | ~$1,070,442 | ~$1,070,442 | ~1.8841% | ~$20,169 | +71.6% |
| 2028 | ~$1,402,245 | ~$1,402,245 | ~1.8841% | ~$26,420 | +124.8% |
| 2029 | ~$1,836,896 | ~$1,836,896 | ~1.8841% | ~$34,610 | +194.5% |
| 2030 | ~$2,406,275 | ~$2,406,275 | ~1.8841% | ~$45,337 | +285.7% |
| 2026 | ~$842,103 | ~$842,103 | ~1.7991% | ~$15,150 | +35.0% |
| 2027 | ~$1,136,812 | ~$1,136,812 | ~1.7140% | ~$19,485 | +82.2% |
| 2028 | ~$1,534,660 | ~$1,534,660 | ~1.6289% | ~$24,999 | +146.0% |
| 2029 | ~$2,071,742 | ~$2,071,742 | ~1.5439% | ~$31,985 | +232.1% |
| 2030 | ~$2,796,785 | ~$2,796,785 | ~1.4588% | ~$40,800 | +348.4% |
In 2025, this property's market value of $623,795 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 7× 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 | $623,795 | $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 | $199,378 | $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.