E U S HY 290 TX 78724
| Owner | SHAPIRO MICHAEL FAMILY TRUST |
|---|---|
| Parcel ID | 0226410207 |
| Short ID | 227131 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 1,274,474 SF |
| Acres | 29.258 |
| Year Built | — |
| Legal | ABS 690 SUR 54 SANDERS W H ACR 29.2390 |
| Neighborhood | 1FE1 |
| Land | $2,294,053 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,294,053 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,294,053 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,294,053 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,502,605 |
| Net Appraised (assessed) | $791,448 |
| Taxable Value | $791,448 |
|---|
Appreciation: Market value has risen +339.3% from $522,197 (2021) to $2,294,053 (2025), a CAGR of 44.8% 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 1.7787% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $14,077. Manor ISD is the largest single contributor, at 60.8% of the total 2025 levy.
Assessment Gap: Assessed value ($791,448) is $1,502,605 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 ($2,294,053 land vs $0 improvements), about $2/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 $2,294,053, 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 +44.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,590,319 by 2030, with an estimated annual tax burden around $214,409. 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 248% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $8,558.72 | $8,558.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,974.62 | $2,974.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $934.09 | $934.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $818.36 | $818.36 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $791.45 | $791.45 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $14,077.24 | $14,077.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $879,387 | $2,294,053 | -61.7% |
| Assessed Value | $879,387 | $791,448 | +11.1% |
| Land Value | $2,294,053 | $2,294,053 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $879,387 | $791,448 | +11.1% |
| Total Tax 2026 = estimate |
~$15,641
Estimated
|
~$14,077
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $879,387 | $879,387 | +0 (+0.0%) |
| Taxable Value | $879,387 | $879,387 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $879,387 | $2,294,053 | — | — | $879,387 | $879,387 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,294,053 | $2,294,053 | — | −$1,502,605 | $791,448 | $791,448 | ~$14,077 | Partial |
| 2024 | $— | — | — | — | $659,540 | $— | $11,444 | Verified |
| 2023 | $— | — | — | — | $860,270 | $— | $9,682 | Verified |
| 2022 | $— | — | — | — | $522,197 | $— | $10,275 | Verified |
| 2021 | $522,197 | — | — | — | $522,197 | $— | $10,580 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -61.7% | +11.1% | ~100% | Not available | Partial |
| 2025 | +247.8% ! | +20.0% | 34.5% | Not available | Partial |
| 2024 | -23.3% | -23.3% | ~100% | 1.7400% | Verified |
| 2023 | +0.1% | +0.1% | ~100% | 1.1300% | Verified |
| 2022 | +64.6% | +64.6% | ~100% | 1.2000% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +339.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -61.7% | +138.8% | +91.4% | +339.3% | 2025 | -61.7% | 2026 |
| Assessment Ratio | 100.0% | 78.2% | — | 100.0% | 2021 | 34.5% | 2025 |
| Effective Tax Rate (2025) | 0.6100% | 0.6100% | — | 0.6100% | 2025 | 0.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,077 | $12,328 | ~$123,248 | $14,077 | 2025 | $10,580 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,321,205 | ~$3,321,205 | ~1.7168% | ~$57,020 | +44.8% |
| 2027 | ~$4,808,260 | ~$4,808,260 | ~1.6550% | ~$79,577 | +109.6% |
| 2028 | ~$6,961,138 | ~$6,961,138 | ~1.5932% | ~$110,904 | +203.4% |
| 2029 | ~$10,077,957 | ~$10,077,957 | ~1.5314% | ~$154,329 | +339.3% |
| 2030 | ~$14,590,319 | ~$14,590,319 | ~1.4695% | ~$214,409 | +536.0% |
| 2026 | ~$3,275,324 | ~$3,275,324 | ~1.7787% | ~$58,257 | +42.8% |
| 2027 | ~$4,676,330 | ~$4,676,330 | ~1.7787% | ~$83,176 | +103.8% |
| 2028 | ~$6,676,610 | ~$6,676,610 | ~1.7787% | ~$118,755 | +191.0% |
| 2029 | ~$9,532,500 | ~$9,532,500 | ~1.7787% | ~$169,552 | +315.5% |
| 2030 | ~$13,609,986 | ~$13,609,986 | ~1.7787% | ~$242,076 | +493.3% |
| 2026 | ~$3,367,086 | ~$3,367,086 | ~1.6859% | ~$56,767 | +46.8% |
| 2027 | ~$4,942,026 | ~$4,942,026 | ~1.5932% | ~$78,736 | +115.4% |
| 2028 | ~$7,253,638 | ~$7,253,638 | ~1.5004% | ~$108,837 | +216.2% |
| 2029 | ~$10,646,495 | ~$10,646,495 | ~1.4077% | ~$149,871 | +364.1% |
| 2030 | ~$15,626,347 | ~$15,626,347 | ~1.3150% | ~$205,480 | +581.2% |
In 2025, this property's market value of $2,294,053 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 27× 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 | $2,294,053 | $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 | $522,197 | $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.