F M RD 969 TX 78724
| Owner | CIRCLE K STORES INC |
|---|---|
| Parcel ID | 0203480103 |
| Short ID | 844933 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 61,550 SF |
| Acres | 1.413 |
| Year Built | — |
| Legal | LOT 3 BLK A JAKETOWN SUBD |
| Neighborhood | 1FE1 |
| Land | $1,231,006 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,231,006 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,231,006 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,231,006 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,231,006 |
| Taxable Value | $1,231,006 |
|---|
Appreciation: Market value has risen +566.7% from $184,651 (2021) to $1,231,006 (2025), a CAGR of 60.7% 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.
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 $20,264. Del Valle ISD is the largest single contributor, at 57.6% 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 ($1,231,006 land vs $0 improvements), about $20/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 $1,231,006, 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 +60.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,186,994 by 2030, with an estimated annual tax burden around $179,199. 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.
Market value changed by 300% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $11,681.02 | $11,681.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,626.67 | $4,626.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,452.87 | $1,452.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,272.86 | $1,272.86 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $1,231.01 | $1,231.01 | Paid |
| Combined Rate | 1.8760% | 1.8002% | 1.6049% | 1.6506% | 1.6462% | -0.0044% | $20,264.43 | $20,264.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,231,006 | $1,231,006 | +0.0% |
| Assessed Value | $1,231,006 | $1,231,006 | +0.0% |
| Land Value | $1,231,006 | $1,231,006 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,231,006 | $1,231,006 | +0.0% |
| Total Tax 2026 = estimate |
~$20,264
Estimated
|
~$20,264
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,231,006 | $1,231,006 | +0 (+0.0%) |
| Taxable Value | $1,231,006 | $1,231,006 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,231,006 | $1,231,006 | — | — | $1,231,006 | $1,231,006 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,231,006 | $1,231,006 | — | — | $1,231,006 | $1,231,006 | ~$20,264 | Partial |
| 2024 | $— | — | — | — | $1,231,006 | $— | $20,319 | Verified |
| 2023 | $— | — | — | — | $307,751 | $— | $4,939 | Verified |
| 2022 | $— | — | — | — | $307,751 | $— | $5,540 | Verified |
| 2021 | $184,651 | — | — | — | $184,651 | $— | $3,464 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +300.0% ! | +300.0% | ~100% | 1.6500% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 1.8800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +300.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +283.4% | +60.7% | +566.7% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,264 | $11,864 | ~$90,161 | $20,264 | 2025 | $3,464 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,978,050 | ~$1,978,050 | ~1.5887% | ~$31,426 | +60.7% |
| 2027 | ~$3,178,443 | ~$3,178,443 | ~1.5313% | ~$48,670 | +158.2% |
| 2028 | ~$5,107,302 | ~$5,107,302 | ~1.4738% | ~$75,272 | +314.9% |
| 2029 | ~$8,206,702 | ~$8,206,702 | ~1.4164% | ~$116,236 | +566.7% |
| 2030 | ~$13,186,994 | ~$13,186,994 | ~1.3589% | ~$179,199 | +971.2% |
| 2026 | ~$1,953,430 | ~$1,953,430 | ~1.6462% | ~$32,157 | +58.7% |
| 2027 | ~$3,099,813 | ~$3,099,813 | ~1.6462% | ~$51,028 | +151.8% |
| 2028 | ~$4,918,959 | ~$4,918,959 | ~1.6462% | ~$80,974 | +299.6% |
| 2029 | ~$7,805,683 | ~$7,805,683 | ~1.6462% | ~$128,495 | +534.1% |
| 2030 | ~$12,386,500 | ~$12,386,500 | ~1.6462% | ~$203,903 | +906.2% |
| 2026 | ~$2,002,670 | ~$2,002,670 | ~1.5600% | ~$31,241 | +62.7% |
| 2027 | ~$3,258,057 | ~$3,258,057 | ~1.4738% | ~$48,018 | +164.7% |
| 2028 | ~$5,300,392 | ~$5,300,392 | ~1.3876% | ~$73,550 | +330.6% |
| 2029 | ~$8,622,978 | ~$8,622,978 | ~1.3015% | ~$112,224 | +600.5% |
| 2030 | ~$14,028,349 | ~$14,028,349 | ~1.2153% | ~$170,483 | +1039.6% |
In 2025, this property's market value of $1,231,006 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 14× 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 | $1,231,006 | $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 | $184,651 | $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.