1406 S REDONDO DR AUSTIN, TX 78721
| Owner | MCSHERRY PATRICK |
|---|---|
| Parcel ID | 0211200602 |
| Short ID | 202865 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,201 SF |
| Land SF | 7,783 SF |
| Acres | 0.179 |
| Year Built | 2021 |
| Legal | LOT 7 BLK F OAK LAWN SEC 3 |
| Neighborhood | E4000 |
| Land | $242,264 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $242,264 |
| Improvement | $218,789 |
|---|---|
| Total Improvement | $218,789 |
| Market | $461,053 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $461,053 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $461,053 |
| Exemptions (−) (HS) | −$92,211 |
|---|---|
| Taxable Value | $368,842 |
Appreciation: Market value has risen +107.7% from $221,983 (2021) to $461,053 (2025), a CAGR of 20.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), 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 $7,548. Austin ISD is the largest single contributor, at 41.3% 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 53% of market value ($242,264 land vs $218,789 improvements), about $31/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $461,053, 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 +20.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,149,582 by 2030, with an estimated annual tax burden around $13,987. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,201 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,201 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 119 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 201% in 2022, 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% | $2,970.38 | $2,970.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,932.79 | $1,932.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,386.27 | $1,386.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $471.56 | $471.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $435.32 | $435.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,196.32 | $7,196.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $453,746 | $461,053 | -1.6% |
| Assessed Value | $453,746 | $461,053 | -1.6% |
| Land Value | $213,063 | $242,264 | -12.1% |
| Improvement Value | $240,683 | $218,789 | +10.0% |
| Taxable Value | $362,997 | $368,842 | -1.6% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$7,429
Estimated
|
~$7,196
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $453,746 | $453,746 | +0 (+0.0%) |
| Taxable Value | $362,997 | $362,997 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $453,746 | $213,063 | $240,683 | — | $453,746 | $362,997 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $461,053 | $242,264 | $218,789 | — | $461,053 | $368,842 | ~$7,196 | Partial |
| 2024 | $617,089 | — | — | −$392,089 | $225,000 | $— | $8,551 | Verified |
| 2023 | $526,931 | — | — | −$226,931 | $300,000 | $— | $9,249 | Verified |
| 2022 | $— | — | — | — | $300,000 | $— | $10,406 | Verified |
| 2021 | $221,983 | — | — | −$46,983 | $175,000 | $— | $3,809 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.6% | -1.6% | ~100% | Not available | Partial |
| 2025 | -12.9% | -12.9% | ~100% | Not available | Partial |
| 2024 | -14.2% | -14.2% | ~100% | 1.6200% | Verified |
| 2023 | +17.1% | +17.1% | ~100% | 1.5000% | Verified |
| 2022 | +201.1% ! | +201.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +163.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.6% | +31.9% | +20.4% | +137.4% | 2023 | -25.3% | 2025 |
| Assessment Ratio | 100.0% | 74.4% | — | 100.0% | 2025 | 36.5% | 2024 |
| Effective Tax Rate (2025) | 1.5600% | 1.5600% | — | 1.5600% | 2025 | 1.5600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,196 | $7,201 | ~$12,030 | $9,249 | 2023 | $3,809 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$553,489 | ~$507,158 | ~2.0139% | ~$10,214 | +20.0% |
| 2027 | ~$664,456 | ~$557,874 | ~1.9814% | ~$11,054 | +44.1% |
| 2028 | ~$797,672 | ~$613,662 | ~1.9488% | ~$11,959 | +73.0% |
| 2029 | ~$957,595 | ~$675,028 | ~1.9163% | ~$12,936 | +107.7% |
| 2030 | ~$1,149,582 | ~$742,530 | ~1.8837% | ~$13,987 | +149.3% |
| 2026 | ~$544,267 | ~$507,158 | ~2.0465% | ~$10,379 | +18.0% |
| 2027 | ~$642,501 | ~$557,874 | ~2.0465% | ~$11,417 | +39.4% |
| 2028 | ~$758,465 | ~$613,662 | ~2.0465% | ~$12,559 | +64.5% |
| 2029 | ~$895,359 | ~$675,028 | ~2.0465% | ~$13,814 | +94.2% |
| 2030 | ~$1,056,960 | ~$742,530 | ~2.0465% | ~$15,196 | +129.2% |
| 2026 | ~$562,710 | ~$507,158 | ~1.9977% | ~$10,131 | +22.0% |
| 2027 | ~$686,780 | ~$557,874 | ~1.9488% | ~$10,872 | +49.0% |
| 2028 | ~$838,207 | ~$613,662 | ~1.9000% | ~$11,660 | +81.8% |
| 2029 | ~$1,023,021 | ~$675,028 | ~1.8512% | ~$12,496 | +121.9% |
| 2030 | ~$1,248,585 | ~$742,530 | ~1.8024% | ~$13,383 | +170.8% |
In 2025, this property's market value of $461,053 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $461,053 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $617,089 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $526,931 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $221,983 | $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.