E U S HY 290 TX 78723
| Owner | BEST WAY REAL ESTATE LLC |
|---|---|
| Parcel ID | 0226220601 |
| Short ID | 226844 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 370,696 SF |
| Acres | 8.510 |
| Year Built | — |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR 8.51 |
| Neighborhood | 1EA3 |
| Land | $1,390,109 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,390,109 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $356,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $356,250 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $356,250 |
| Taxable Value | $356,250 |
|---|
Appreciation: Market value has risen +28.1% from $278,022 (2021) to $356,250 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $7,291. Austin ISD is the largest single contributor, at 45.2% 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 390% of market value ($1,390,109 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 $356,250, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $485,679 by 2030, with an estimated annual tax burden around $9,149. 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 400% 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% | $3,296.03 | $3,296.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,866.81 | $1,866.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,338.95 | $1,338.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $420.46 | $420.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $368.36 | $368.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,290.61 | $7,290.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,390,109 | $356,250 | +290.2% |
| Assessed Value | $427,500 | $356,250 | +20.0% |
| Land Value | $1,390,109 | $1,390,109 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $427,500 | $356,250 | +20.0% |
| HS Cap Loss | -$962,609 | — | |
| Total Tax 2026 = estimate |
~$8,749
Estimated
|
~$7,291
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,390,109 | $1,390,109 | +0 (+0.0%) |
| Taxable Value | $427,500 | $427,500 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,390,109 | $1,390,109 | — | −$962,609 | $427,500 | $427,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $356,250 | $1,390,109 | — | — | $356,250 | $356,250 | ~$7,291 | Partial |
| 2024 | $— | — | — | — | $356,250 | $— | $6,612 | Verified |
| 2023 | $— | — | — | — | $1,390,109 | $— | $5,030 | Verified |
| 2022 | $— | — | — | — | $278,022 | $— | $5,491 | Verified |
| 2021 | $278,022 | — | — | — | $278,022 | $— | $6,052 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +290.2% ! | +20.0% | 30.8% | Not available | Partial |
| 2025 | +0.0% | +6.8% | ~100% | Not available | Partial |
| 2024 | -74.4% | -76.0% | 93.6% | 1.8600% | Verified |
| 2023 | +400.0% ! | +400.0% | ~100% | 0.3600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +290.2% | +159.2% | -9.4% | +290.2% | 2026 | +28.1% | 2025 |
| Assessment Ratio | 30.8% | 76.9% | — | 100.0% | 2021 | 30.8% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,291 | $6,671 | ~$8,376 | $7,291 | 2025 | $6,052 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$379,030 | ~$379,030 | ~2.0139% | ~$7,633 | +6.4% |
| 2027 | ~$403,267 | ~$403,267 | ~1.9814% | ~$7,990 | +13.2% |
| 2028 | ~$429,054 | ~$429,054 | ~1.9488% | ~$8,362 | +20.4% |
| 2029 | ~$456,489 | ~$456,489 | ~1.9163% | ~$8,748 | +28.1% |
| 2030 | ~$485,679 | ~$485,679 | ~1.8837% | ~$9,149 | +36.3% |
| 2026 | ~$371,905 | ~$371,905 | ~2.0465% | ~$7,611 | +4.4% |
| 2027 | ~$388,248 | ~$388,248 | ~2.0465% | ~$7,945 | +9.0% |
| 2028 | ~$405,310 | ~$405,310 | ~2.0465% | ~$8,295 | +13.8% |
| 2029 | ~$423,121 | ~$423,121 | ~2.0465% | ~$8,659 | +18.8% |
| 2030 | ~$441,715 | ~$441,715 | ~2.0465% | ~$9,040 | +24.0% |
| 2026 | ~$386,155 | ~$386,155 | ~1.9977% | ~$7,714 | +8.4% |
| 2027 | ~$418,571 | ~$418,571 | ~1.9488% | ~$8,157 | +17.5% |
| 2028 | ~$453,707 | ~$453,707 | ~1.9000% | ~$8,621 | +27.4% |
| 2029 | ~$491,794 | ~$491,794 | ~1.8512% | ~$9,104 | +38.0% |
| 2030 | ~$533,077 | ~$533,077 | ~1.8024% | ~$9,608 | +49.6% |
In 2025, this property's market value of $356,250 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 | $356,250 | $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 | $278,022 | $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.