3716 GOODWIN AVE TX 78721
| Owner | JW INTERNATIONAL INVESTMENTS LLC |
|---|---|
| Parcel ID | 0207170215 |
| Short ID | 196139 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 67,535 SF |
| Acres | 1.550 |
| Year Built | — |
| Legal | 1.5504 AC OLT 56 DIVISION A |
| Neighborhood | 1EA1 |
| Land | $4,052,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,052,100 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,052,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,052,100 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,134,588 |
| Net Appraised (assessed) | $2,917,512 |
| Taxable Value | $2,917,512 |
|---|
Appreciation: Market value has risen +500.0% from $675,350 (2021) to $4,052,100 (2025), a CAGR of 56.5% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $59,706. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,917,512) is $1,134,588 below market value, suggesting potential for an upward assessment in future years.
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 ($4,052,100 land vs $0 improvements), about $60/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 $4,052,100, 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 +56.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $38,051,275 by 2030, with an estimated annual tax burden around $716,788. 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 100% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $26,992.82 | $26,992.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,288.26 | $15,288.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,965.32 | $10,965.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,443.34 | $3,443.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,016.71 | $3,016.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59,706.45 | $59,706.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,145,780 | $4,052,100 | -22.4% |
| Assessed Value | $3,145,780 | $2,917,512 | +7.8% |
| Land Value | $4,052,100 | $4,052,100 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $3,145,780 | $2,917,512 | +7.8% |
| Total Tax 2026 = estimate |
~$64,378
Estimated
|
~$59,706
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,052,100 | $3,145,780 | -906,320 (-22.4%) |
| Taxable Value | $3,501,014 | $3,145,780 | -355,234 (-10.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,145,780 | $4,052,100 | — | — | $3,145,780 | $3,145,780 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,052,100 | $4,052,100 | — | −$1,134,588 | $2,917,512 | $2,917,512 | ~$59,706 | Partial |
| 2024 | $— | — | — | — | $4,052,100 | $— | $48,183 | Verified |
| 2023 | $— | — | — | — | $2,026,050 | $— | $36,656 | Verified |
| 2022 | $— | — | — | — | $1,013,025 | $— | $20,006 | Verified |
| 2021 | $675,350 | — | — | — | $675,350 | $— | $14,700 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 86.4% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 72.0% | Not available | Partial |
| 2024 | +100.0% ! | +20.0% | 60.0% | 1.1900% | Verified |
| 2023 | +100.0% ! | +100.0% | ~100% | 1.8100% | Verified |
| 2022 | +50.0% | +50.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +500.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -22.4% | +238.8% | +65.5% | +500.0% | 2025 | -22.4% | 2026 |
| Assessment Ratio | 100.0% | 90.7% | — | 100.0% | 2021 | 72.0% | 2025 |
| Effective Tax Rate (2025) | 1.4700% | 1.4700% | — | 1.4700% | 2025 | 1.4700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,706 | $37,203 | ~$361,963 | $59,706 | 2025 | $14,700 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,341,879 | ~$6,341,879 | ~2.0139% | ~$127,721 | +56.5% |
| 2027 | ~$9,925,577 | ~$9,925,577 | ~1.9814% | ~$196,664 | +144.9% |
| 2028 | ~$15,534,368 | ~$15,534,368 | ~1.9488% | ~$302,740 | +283.4% |
| 2029 | ~$24,312,600 | ~$24,312,600 | ~1.9163% | ~$465,900 | +500.0% |
| 2030 | ~$38,051,275 | ~$38,051,275 | ~1.8837% | ~$716,788 | +839.1% |
| 2026 | ~$6,260,837 | ~$6,260,837 | ~2.0465% | ~$128,127 | +54.5% |
| 2027 | ~$9,673,523 | ~$9,673,523 | ~2.0465% | ~$197,967 | +138.7% |
| 2028 | ~$14,946,411 | ~$14,946,411 | ~2.0465% | ~$305,876 | +268.9% |
| 2029 | ~$23,093,470 | ~$23,093,470 | ~2.0465% | ~$472,604 | +469.9% |
| 2030 | ~$35,681,364 | ~$35,681,364 | ~2.0465% | ~$730,214 | +780.6% |
| 2026 | ~$6,422,921 | ~$6,422,921 | ~1.9977% | ~$128,308 | +58.5% |
| 2027 | ~$10,180,873 | ~$10,180,873 | ~1.9488% | ~$198,409 | +151.2% |
| 2028 | ~$16,137,545 | ~$16,137,545 | ~1.9000% | ~$306,616 | +298.3% |
| 2029 | ~$25,579,374 | ~$25,579,374 | ~1.8512% | ~$473,524 | +531.3% |
| 2030 | ~$40,545,472 | ~$40,545,472 | ~1.8024% | ~$730,780 | +900.6% |
In 2025, this property's market value of $4,052,100 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 48× 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 | $4,052,100 | $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 | $675,350 | $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.