621 N PLEASANT VALLEY RD TX 78702
| Owner | CAPITAL METROPOLITAN TA |
|---|---|
| Parcel ID | 0202120404 |
| Short ID | 189847 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 6,447 SF |
| Acres | 0.148 |
| Year Built | — |
| Legal | LOT 2 HOUSTON & POWELL ADDN |
| Neighborhood | 53EAS |
| Land | $335,244 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $335,244 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $335,244 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $335,244 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $335,244 |
| Taxable Value | $335,244 |
|---|
| Total Due | $731.85 |
|---|---|
| First Delinquent | 2024 |
Appreciation: Market value has fallen -29.6% from $475,901 (2021) to $335,244 (2025), a CAGR of -8.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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.
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 ($335,244 land vs $0 improvements), about $52/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 $335,244, this parcel sits in the upper-middle (50th–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 -8.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $216,355 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.
Delinquent Taxes: $731.85 in unpaid taxes since 2024. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 189847 | MONTWALK HOLDINGS LTD | 621 PLEASANT VALLEY RD 78702 | $335,244 | $335,244 | $0 |
| 359092 | ELECTRA COMMUNICATION CORP | 611 PLEASANT VALLEY RD 78702 | — | — | — |
Market value changed by 125% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $335,244 | $335,244 | +0.0% |
| Assessed Value | $335,244 | $335,244 | +0.0% |
| Land Value | $335,244 | $335,244 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $335,244 | $335,244 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $335,244 | $335,244 | — | — | $335,244 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $335,244 | $335,244 | — | — | $335,244 | $— | not in county billing file ⓘ | Partial |
| 2024 | $— | — | — | — | $335,244 | $— | $2,985 | Verified |
| 2023 | $— | — | — | — | $335,244 | $— | $4,666 | Verified |
| 2022 | $285,316 | — | — | −$68,665 | $216,651 | $— | $16,944 | Verified |
| 2021 | $475,901 | — | — | −$263,150 | $212,751 | $— | $10,841 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +8.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | -7.7% | 92.3% | 0.8900% | Verified |
| 2023 | -47.7% | -47.7% | ~100% | 1.3900% | Verified |
| 2022 | +124.8% ! | +124.8% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -7.5% | -8.4% | +17.5% | 2025 | -40.0% | 2022 |
| Assessment Ratio | 100.0% | 80.2% | — | 100.0% | 2025 | 44.7% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $16,944 | $13,892 | — | $16,944 | 2022 | $10,841 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$307,130 | ~$307,130 | ~0.0000% | ~$0 | -8.4% |
| 2027 | ~$281,374 | ~$281,374 | ~0.0000% | ~$0 | -16.1% |
| 2028 | ~$257,777 | ~$257,777 | ~0.0000% | ~$0 | -23.1% |
| 2029 | ~$236,159 | ~$236,159 | ~0.0000% | ~$0 | -29.6% |
| 2030 | ~$216,355 | ~$216,355 | ~0.0000% | ~$0 | -35.5% |
| 2026 | ~$318,482 | ~$318,482 | ~0.0000% | ~$0 | -5.0% |
| 2027 | ~$302,558 | ~$302,558 | ~0.0000% | ~$0 | -9.7% |
| 2028 | ~$287,430 | ~$287,430 | ~0.0000% | ~$0 | -14.3% |
| 2029 | ~$273,058 | ~$273,058 | ~0.0000% | ~$0 | -18.5% |
| 2030 | ~$259,405 | ~$259,405 | ~0.0000% | ~$0 | -22.6% |
| 2026 | ~$313,835 | ~$313,835 | ~0.0000% | ~$0 | -6.4% |
| 2027 | ~$293,793 | ~$293,793 | ~0.0000% | ~$0 | -12.4% |
| 2028 | ~$275,031 | ~$275,031 | ~0.0000% | ~$0 | -18.0% |
| 2029 | ~$257,467 | ~$257,467 | ~0.0000% | ~$0 | -23.2% |
| 2030 | ~$241,025 | ~$241,025 | ~0.0000% | ~$0 | -28.1% |
In 2025, this property's market value of $335,244 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $335,244 | $24,862 | $85,028 | $363,420 | ↑ Above median | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | $285,316 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $475,901 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |