6011 GILBERT RD TX 78724
| Owner | SMITH MARKUS |
|---|---|
| Parcel ID | 0202500262 |
| Short ID | 190489 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 2,124 SF |
| Land SF | 847,416 SF |
| Acres | 19.454 |
| Year Built | 1990 |
| Legal | ABS 9 SUR 16 DUTY R ACR 18.454 (1-D-1) |
| Neighborhood | _RGN405 |
| Land | $855,514 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $855,514 |
| Improvement | $160,219 |
|---|---|
| Total Improvement | $160,219 |
| Market | $1,015,733 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,015,733 |
| Value Limitation Adjustment (−) (homestead cap) | −$817,233 |
| Net Appraised (assessed) | $198,500 |
| Exemptions (−) (HS) | −$39,326 |
|---|---|
| Taxable Value | $159,174 |
Appreciation: Market value has risen +731.9% from $122,091 (2021) to $1,015,733 (2025), a CAGR of 69.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Agricultural parcel countywide rose +479.4%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $2,620. Travis County is the largest single contributor, at 34.4% of the total 2025 levy.
Assessment Gap: Assessed value ($198,500) is $817,233 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 84% of market value ($855,514 land vs $160,219 improvements), about $1/SF of land. With value concentrated in the land under a ~36-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,015,733, this parcel sits in the upper-middle (50th–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.
Forward Outlook: Holding the +54.5% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $8,926,562 by 2030, with an estimated annual tax burden around $4,344. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,124 SF | ✗ |
| 1ST | 1st Floor | 1,512 SF | ✓ |
| 288 | SHED SF | 800 SF | ✓ |
| 2ND | 2nd Floor | 612 SF | ✓ |
| 612 | TERRACE UNCOVERD | 60 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 190489 | SMITH MARKUS | 6011 GILBERT RD 78724 | $242,330 | $216,291 | $173,033 |
| 566788 | SMITH MARKUS | 0.000 | $766,690 | $1,957 | $1,957 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $598.25 | $598.25 | Paid |
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $555.10 | $555.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $200.08 | $200.08 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $198.50 | $198.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $187.86 | $187.86 | Paid |
| Combined Rate | 1.8760% | 1.8002% | 1.6049% | 1.6506% | 1.6462% | -0.0044% | $1,739.79 | $1,739.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,009,020 | $1,015,733 | -0.7% |
| Assessed Value | $218,248 | $198,500 | +9.9% |
| Land Value | $966,690 | $855,514 | +13.0% |
| Improvement Value | $42,330 | $160,219 | -73.6% |
| Taxable Value | $174,990 | $159,174 | +9.9% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$790,772 | — | |
| Total Tax 2026 = estimate |
~$2,881
Estimated
|
~$1,740
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,051,784 | $1,009,020 | -42,764 (-4.1%) |
| Taxable Value | $174,990 | $174,990 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,009,020 | $966,690 | $42,330 | −$790,772 | $218,248 | $174,990 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,015,733 | $855,514 | $160,219 | −$817,233 | $198,500 | $159,174 | ~$1,740 | Partial |
| 2024 | $427,790 | — | — | −$302,915 | $124,875 | $— | $1,814 | Verified |
| 2023 | $397,242 | — | — | −$272,429 | $124,813 | $— | $1,497 | Verified |
| 2022 | $275,700 | — | — | −$150,887 | $124,813 | $— | $2,088 | Verified |
| 2021 | $122,091 | — | — | −$47,133 | $74,958 | $— | $2,118 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.5% | 0.3% | Not available | Partial |
| 2025 | +0.0% | +12.0% | 0.3% | Not available | Partial |
| 2024 | +16.5% | -4.8% | 0.2% | 0.1700% | Verified |
| 2023 | +0.0% | +4.1% | 0.3% | 0.1400% | Verified |
| 2022 | +57.8% | +4.3% | 0.3% | 0.2000% | Verified |
| 2021 | base year | — | 0.4% | 1.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +83.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.7% | +62.9% | +54.7% | +137.4% | 2025 | -0.7% | 2026 |
| Assessment Ratio | 21.6% | 34.7% | — | 61.4% | 2021 | 19.5% | 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 |
$1,740 | $1,851 | ~$3,900 | $2,118 | 2021 | $1,497 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,568,774 | ~$218,350 | ~1.5887% | ~$3,469 | +54.4% |
| 2027 | ~$2,422,933 | ~$240,185 | ~1.5313% | ~$3,678 | +138.5% |
| 2028 | ~$3,742,160 | ~$264,204 | ~1.4738% | ~$3,894 | +268.4% |
| 2029 | ~$5,779,673 | ~$290,624 | ~1.4164% | ~$4,116 | +469.0% |
| 2030 | ~$8,926,562 | ~$319,686 | ~1.3589% | ~$4,344 | +778.8% |
| 2026 | ~$1,548,460 | ~$218,350 | ~1.6462% | ~$3,594 | +52.4% |
| 2027 | ~$2,360,588 | ~$240,185 | ~1.6462% | ~$3,954 | +132.4% |
| 2028 | ~$3,598,658 | ~$264,204 | ~1.6462% | ~$4,349 | +254.3% |
| 2029 | ~$5,486,066 | ~$290,624 | ~1.6462% | ~$4,784 | +440.1% |
| 2030 | ~$8,363,371 | ~$319,686 | ~1.6462% | ~$5,263 | +723.4% |
| 2026 | ~$1,589,089 | ~$218,350 | ~1.5600% | ~$3,406 | +56.4% |
| 2027 | ~$2,486,090 | ~$240,185 | ~1.4738% | ~$3,540 | +144.8% |
| 2028 | ~$3,889,427 | ~$264,204 | ~1.3876% | ~$3,666 | +282.9% |
| 2029 | ~$6,084,912 | ~$290,624 | ~1.3015% | ~$3,782 | +499.1% |
| 2030 | ~$9,519,693 | ~$319,686 | ~1.2153% | ~$3,885 | +837.2% |
In 2025, this property's market value of $1,015,733 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +70% above 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 | $1,015,733 | $207,536 | $597,708 | $1,442,275 | ↑ Above median | +0.0% |
| 2024 | $427,790 | $217,016 | $597,296 | $1,446,593 | ↓ Below median | +23.7% |
| 2023 | $397,242 | $167,963 | $453,916 | $1,078,522 | ↓ Below median | +0.0% |
| 2022 | $275,700 | $180,794 | $446,888 | $1,009,883 | ↓ Below median | +46.1% |
| 2021 | $122,091 | $33,611 | $103,166 | $247,000 | ↑ Above median | 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.