WILCAB RD RD TX 78721
| Owner | DARBY YARD HOLDINGS LLC |
|---|---|
| Parcel ID | 0209260906 |
| Short ID | 858425 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 23,958 SF |
| Acres | 0.550 |
| Year Built | — |
| Legal | ABS TANNEHILL J C ACR 0.55 |
| Neighborhood | 83EAS |
| Land | $359,370 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $359,370 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $359,370 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $359,370 |
| Value Limitation Adjustment (−) (homestead cap) | −$112,410 |
| Net Appraised (assessed) | $246,960 |
| Taxable Value | $246,960 |
|---|
Appreciation: Market value has risen +150.1% from $143,700 (2021) to $359,370 (2025), a CAGR of 25.8% 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 lagged 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 $5,054. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($246,960) is $112,410 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 ($359,370 land vs $0 improvements), about $15/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 $359,370, 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 +25.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,130,181 by 2030, with an estimated annual tax burden around $21,290. 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 114% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $2,284.87 | $2,284.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,294.11 | $1,294.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $928.19 | $928.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $291.47 | $291.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $255.36 | $255.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,054.00 | $5,054.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $284,141 | $359,370 | -20.9% |
| Assessed Value | $284,141 | $246,960 | +15.1% |
| Land Value | $359,370 | $359,370 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $284,141 | $246,960 | +15.1% |
| Total Tax 2026 = estimate |
~$5,815
Estimated
|
~$5,054
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $359,370 | $284,141 | -75,229 (-20.9%) |
| Taxable Value | $296,352 | $284,141 | -12,211 (-4.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $284,141 | $359,370 | — | — | $284,141 | $284,141 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $359,370 | $359,370 | — | −$112,410 | $246,960 | $246,960 | ~$5,054 | Partial |
| 2024 | $— | — | — | — | $359,370 | $— | $4,079 | Verified |
| 2023 | $— | — | — | — | $167,706 | $— | $3,034 | Verified |
| 2022 | $— | — | — | — | $167,706 | $— | $3,312 | Verified |
| 2021 | $143,700 | — | — | — | $167,706 ! | $— | $3,650 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 82.5% | Not available | Partial |
| 2025 | +0.0% | -31.3% | 68.7% | Not available | Partial |
| 2024 | +114.3% ! | +114.3% | ~100% | 1.1300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +114.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.9% | +64.6% | +32.4% | +150.1% | 2025 | -20.9% | 2026 |
| Assessment Ratio | 100.0% | 95.1% | — | 116.7% | 2021 | 68.7% | 2025 |
| Effective Tax Rate (2025) | 1.4100% | 1.4100% | — | 1.4100% | 2025 | 1.4100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,054 | $4,352 | ~$14,560 | $5,054 | 2025 | $3,650 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$451,922 | ~$451,922 | ~2.0139% | ~$9,101 | +25.8% |
| 2027 | ~$568,309 | ~$568,309 | ~1.9814% | ~$11,260 | +58.1% |
| 2028 | ~$714,670 | ~$714,670 | ~1.9488% | ~$13,928 | +98.9% |
| 2029 | ~$898,725 | ~$898,725 | ~1.9163% | ~$17,222 | +150.1% |
| 2030 | ~$1,130,181 | ~$1,130,181 | ~1.8837% | ~$21,290 | +214.5% |
| 2026 | ~$444,734 | ~$444,734 | ~2.0465% | ~$9,101 | +23.8% |
| 2027 | ~$550,376 | ~$550,376 | ~2.0465% | ~$11,263 | +53.2% |
| 2028 | ~$681,111 | ~$681,111 | ~2.0465% | ~$13,939 | +89.5% |
| 2029 | ~$842,901 | ~$842,901 | ~2.0465% | ~$17,250 | +134.5% |
| 2030 | ~$1,043,122 | ~$1,043,122 | ~2.0465% | ~$21,347 | +190.3% |
| 2026 | ~$459,109 | ~$459,109 | ~1.9977% | ~$9,171 | +27.8% |
| 2027 | ~$586,529 | ~$586,529 | ~1.9488% | ~$11,431 | +63.2% |
| 2028 | ~$749,314 | ~$749,314 | ~1.9000% | ~$14,237 | +108.5% |
| 2029 | ~$957,277 | ~$957,277 | ~1.8512% | ~$17,721 | +166.4% |
| 2030 | ~$1,222,958 | ~$1,222,958 | ~1.8024% | ~$22,042 | +240.3% |
In 2025, this property's market value of $359,370 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 | $359,370 | $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 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $143,700 | $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.