MUNSON ST 78721
| Owner | MUNSON FAMILY GROUP LLC |
|---|---|
| Parcel ID | 0207170235 |
| Short ID | 978332 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 7,405 SF |
| Acres | 0.170 |
| Year Built | — |
| Legal | EASTOVER SUBD RSB LT 3 BLK A LOT 3B |
| Neighborhood | E4000 |
| Land | $267,565 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $267,565 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $267,565 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $267,565 |
| Value Limitation Adjustment (−) (homestead cap) | −$207,565 |
| Net Appraised (assessed) | $60,000 |
| Taxable Value | $60,000 |
|---|
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 $1,228. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($60,000) is $207,565 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 ($267,565 land vs $0 improvements), about $36/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 $267,565, 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.
No delinquent taxes on record.
Market value changed by 435% in 2025, 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% | $555.12 | $555.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $314.41 | $314.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $225.51 | $225.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $70.81 | $70.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $62.04 | $62.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,227.89 | $1,227.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $617,925 | $267,565 | +130.9% |
| Assessed Value | $475,873 | $60,000 | +693.1% |
| Land Value | $214,052 | $267,565 | -20.0% |
| Improvement Value | $403,873 | — | — |
| Taxable Value | $475,873 | $60,000 | +693.1% |
| HS Cap Loss | -$142,052 | — | |
| Total Tax 2026 = estimate |
~$9,739
Estimated
|
~$1,228
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $715,044 | $617,925 | -97,119 (-13.6%) |
| Taxable Value | $572,992 | $475,873 | -97,119 (-16.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $617,925 | $214,052 | $403,873 | −$142,052 | $475,873 | $475,873 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $267,565 | $267,565 | — | −$207,565 | $60,000 | $60,000 | ~$1,228 | Partial |
| 2024 | $— | — | — | — | $50,000 | $— | $991 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +167.2% ! | +855.0% | 80.1% | Not available | Partial |
| 2025 | +435.1% ! | +20.0% | 22.4% | Not available | Partial |
| 2024 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +435.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +130.9% | +130.9% | — | +130.9% | 2026 | +130.9% | 2026 |
| Assessment Ratio | 77.0% | 49.7% | — | 77.0% | 2026 | 22.4% | 2025 |
| Effective Tax Rate (2025) | 0.4600% | 0.4600% | — | 0.4600% | 2025 | 0.4600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,228 | $1,228 | — | $1,228 | 2025 | $1,228 | 2025 |
In 2025, this property's market value of $267,565 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 3× 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 | $267,565 | $24,862 | $85,028 | $363,420 | ↑ Above median | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
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.