23229 F M RD 1431 TX 78654
| Owner | HO ERIC K |
|---|---|
| Parcel ID | 0192870201 |
| Short ID | 186697 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 15,601,667 SF |
| Acres | 358.165 |
| Year Built | — |
| Legal | ABS 47 SUR 1 BRANDON W M ACR 358.165 (1-D-1W) |
| Neighborhood | _RGN140WF |
| Land | $15,494,588 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,494,588 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $15,494,588 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,494,588 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,494,588 |
| Taxable Value | $15,494,588 |
|---|
Tax Burden: The combined rate across 5 taxing entities is 1.7107% in 2025 (+0.0504% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $265,071. Travis County is the largest single contributor, at 49.1% of the total 2025 levy.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 100% of market value ($15,494,588 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 $15,494,588, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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.
No delinquent taxes on record.
Market value changed by 230% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $58,235.63 | $58,235.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,287.18 | $18,287.18 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $15,494.59 | $15,494.59 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $15,489.47 | $15,489.47 | Paid |
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $11,029.51 | $11,029.51 | Paid |
| Combined Rate | 1.8712% | 1.7799% | 1.6087% | 1.6603% | 1.7107% | +0.0504% | $118,536.38 | $118,536.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,715,594 | $15,494,588 | -56.7% |
| Assessed Value | $6,715,594 | $15,494,588 | -56.7% |
| Land Value | $6,715,594 | $15,494,588 | -56.7% |
| Improvement Value | — | — | — |
| Taxable Value | $6,715,594 | $15,494,588 | -56.7% |
| Total Tax 2026 = estimate |
~$114,886
Estimated
|
~$118,536
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,715,594 | $6,715,594 | +0 (+0.0%) |
| Taxable Value | $6,715,594 | $6,715,594 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,715,594 | $6,715,594 | — | — | $6,715,594 | $6,715,594 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,494,588 | $15,494,588 | — | — | $15,494,588 | $15,494,588 | ~$118,536 | Partial |
| 2024 | $— | — | — | — | $15,494,588 | $— | $110,724 | Verified |
| 2023 | $— | — | — | — | $4,693,338 | $— | $31,018 | Verified |
| 2022 | $— | — | — | — | $4,477,063 | $— | $30,365 | Verified |
| 2021 | $— | — | — | — | — | $— | $232 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -56.7% | -56.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +230.1% ! | +230.1% | ~100% | 0.7100% | Verified |
| 2023 | +4.8% | +4.8% | ~100% | 0.6600% | Verified |
| 2022 | +25.8% | +14441.6% | ~100% | 0.6800% | Verified |
| 2021 | base year | — | 0.9% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +335.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -56.7% | -56.7% | — | -56.7% | 2026 | -56.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 0.7700% | 0.7700% | — | 0.7700% | 2025 | 0.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$118,536 | $118,536 | — | $118,536 | 2025 | $118,536 | 2025 |
In 2025, this property's market value of $15,494,588 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 26× the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $15,494,588 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | — | $217,016 | $597,296 | $1,446,593 | — | +23.7% |
| 2023 | — | $167,963 | $453,916 | $1,078,522 | — | +0.0% |
| 2022 | — | $180,794 | $446,888 | $1,009,883 | — | +46.1% |
| 2021 | — | $33,611 | $103,166 | $247,000 | — | 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.