5513 RANGOON RD TX 78723
| Owner | MEDANJO PARTNERS LTD |
|---|---|
| Parcel ID | 0216270104 |
| Short ID | 210869 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 180,687 SF |
| Acres | 4.148 |
| Year Built | — |
| Legal | LOT 1 LESS .4520 AC ORIENS PARK SEC 8 |
| Neighborhood | 1EA3 |
| Land | $758,885 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $758,885 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $758,885 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $758,885 |
| Value Limitation Adjustment (−) (homestead cap) | −$108,415 |
| Net Appraised (assessed) | $650,470 |
| Taxable Value | $650,470 |
|---|
Appreciation: Market value has risen +23.5% from $614,336 (2021) to $758,885 (2025), a CAGR of 5.4% over 4 years. This represents moderate, steady growth. 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 $13,312. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($650,470) is $108,415 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 ($758,885 land vs $0 improvements), about $4/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 $758,885, 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 +5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $988,299 by 2030, with an estimated annual tax burden around $18,617. 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 275% 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% | $6,018.15 | $6,018.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,408.57 | $3,408.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,444.76 | $2,444.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $767.70 | $767.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $672.59 | $672.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,311.77 | $13,311.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $758,885 | $758,885 | +0.0% |
| Assessed Value | $636,000 | $650,470 | -2.2% |
| Land Value | $758,885 | $758,885 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $636,000 | $650,470 | -2.2% |
| HS Cap Loss | -$122,885 | — | |
| Total Tax 2026 = estimate |
~$13,016
Estimated
|
~$13,312
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $758,885 | $758,885 | +0 (+0.0%) |
| Taxable Value | $758,885 | $636,000 | -122,885 (-16.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $758,885 | $758,885 | — | −$122,885 | $636,000 | $636,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $758,885 | $758,885 | — | −$108,415 | $650,470 | $650,470 | ~$13,312 | Partial |
| 2024 | $— | — | — | — | $3,071,677 | $— | $12,994 | Verified |
| 2023 | $— | — | — | — | $2,303,758 | $— | $11,544 | Verified |
| 2022 | $— | — | — | — | $2,303,758 | $— | $12,444 | Verified |
| 2021 | $614,336 | — | — | — | $614,336 | $— | $13,372 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +16.7% | ~100% | Not available | Partial |
| 2025 | -75.3% ! | -76.5% | 85.7% | Not available | Partial |
| 2024 | +33.3% | +20.0% | 90.0% | 0.4200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 0.5000% | Verified |
| 2022 | +275.0% ! | +275.0% | ~100% | 0.5400% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.8% | +5.4% | +23.5% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 83.8% | 89.8% | — | 100.0% | 2021 | 83.8% | 2026 |
| Effective Tax Rate (2025) | 1.7500% | 1.7500% | — | 1.7500% | 2025 | 1.7500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,312 | $13,342 | ~$17,347 | $13,372 | 2021 | $13,312 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$800,052 | ~$800,052 | ~2.0139% | ~$16,113 | +5.4% |
| 2027 | ~$843,453 | ~$843,453 | ~1.9814% | ~$16,712 | +11.1% |
| 2028 | ~$889,208 | ~$889,208 | ~1.9488% | ~$17,329 | +17.2% |
| 2029 | ~$937,445 | ~$937,445 | ~1.9163% | ~$17,964 | +23.5% |
| 2030 | ~$988,299 | ~$988,299 | ~1.8837% | ~$18,617 | +30.2% |
| 2026 | ~$784,875 | ~$784,875 | ~2.0465% | ~$16,062 | +3.4% |
| 2027 | ~$811,755 | ~$811,755 | ~2.0465% | ~$16,612 | +7.0% |
| 2028 | ~$839,555 | ~$839,555 | ~2.0465% | ~$17,181 | +10.6% |
| 2029 | ~$868,308 | ~$868,308 | ~2.0465% | ~$17,770 | +14.4% |
| 2030 | ~$898,045 | ~$898,045 | ~2.0465% | ~$18,378 | +18.3% |
| 2026 | ~$815,230 | ~$815,230 | ~1.9977% | ~$16,286 | +7.4% |
| 2027 | ~$875,759 | ~$875,759 | ~1.9488% | ~$17,067 | +15.4% |
| 2028 | ~$940,782 | ~$940,782 | ~1.9000% | ~$17,875 | +24.0% |
| 2029 | ~$1,010,632 | ~$1,010,632 | ~1.8512% | ~$18,709 | +33.2% |
| 2030 | ~$1,085,669 | ~$1,085,669 | ~1.8024% | ~$19,568 | +43.1% |
In 2025, this property's market value of $758,885 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 9× 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 | $758,885 | $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 | $614,336 | $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.