PARSONS RD TX 78653
| Owner | LINDGREN FAMILY LIMITED PARTNE |
|---|---|
| Parcel ID | 0226700206 |
| Short ID | 227271 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 3,507 SF |
| Land SF | 4,282,471 SF |
| Acres | 98.312 |
| Year Built | 1920 |
| Legal | ABS 154 SUR 52 CALDWELL A C ACR 97.3120 (1-D-1) |
| Neighborhood | _RGN307 |
| Land | $3,431,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,431,250 |
| Improvement | $270,742 |
|---|---|
| Total Improvement | $270,742 |
| Market | $3,701,992 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,701,992 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,401,869 |
| Net Appraised (assessed) | $300,123 |
| Taxable Value | $300,123 |
|---|
Appreciation: Market value has risen +2112.8% from $167,300 (2021) to $3,701,992 (2025), a CAGR of 116.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Agricultural parcel countywide rose +479.4%, so this parcel has outpaced the broader agricultural 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 $5,338. Manor ISD is the largest single contributor, at 60.8% of the total 2025 levy.
Assessment Gap: Assessed value ($300,123) is $3,401,869 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 93% of market value ($3,431,250 land vs $270,742 improvements), about $1/SF of land. With value concentrated in the land under a ~106-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,701,992, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +163.5% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $470,049,674 by 2030, with an estimated annual tax burden around $7,103. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,045 SF | ✓ |
| SO | Sketch Only | 1,440 SF | ✗ |
| FBSMT | Finished Basement | 772 SF | ✓ |
| 2ND | 2nd Floor | 690 SF | ✓ |
| 612 | TERRACE UNCOVERD | 420 SF | ✗ |
| 571 | STORAGE DET | 256 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 90 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 289 | SHED FV | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 227271 | LINDGREN CLAYTON E | 12111 PARSONS RD 78653 | $227,919 | $227,919 | $227,919 |
| 227272 | LINDGREN FAMILY LIMITED PARTNE | 0.000 | $2,919,360 | $30,236 | $30,236 |
Market value changed by 246% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $3,245.53 | $3,245.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,128.00 | $1,128.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $354.21 | $354.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $310.33 | $310.33 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $300.13 | $300.13 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $5,338.20 | $5,338.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,147,279 | $3,701,992 | -15.0% |
| Assessed Value | $258,155 | $300,123 | -14.0% |
| Land Value | $2,929,360 | $3,431,250 | -14.6% |
| Improvement Value | $217,919 | $270,742 | -19.5% |
| Taxable Value | $258,155 | $300,123 | -14.0% |
| HS Cap Loss | -$2,889,124 | — | |
| Total Tax 2026 = estimate |
~$4,592
Estimated
|
~$5,338
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,147,279 | $3,147,279 | +0 (+0.0%) |
| Taxable Value | $258,155 | $258,155 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,147,279 | $2,929,360 | $217,919 | −$2,889,124 | $258,155 | $258,155 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,701,992 | $3,431,250 | $270,742 | −$3,401,869 | $300,123 | $300,123 | ~$5,338 | Partial |
| 2024 | $388,274 | — | — | −$378,274 | $10,000 | $— | $4,383 | Verified |
| 2023 | $413,057 | — | — | −$403,057 | $10,000 | $— | $7,060 | Verified |
| 2022 | $202,400 | — | — | −$192,400 | $10,000 | $— | $8,729 | Verified |
| 2021 | $167,300 | — | — | −$157,300 | $10,000 | $— | $4,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.7% | +2.5% | 1.0% | Not available | Partial |
| 2025 | +0.0% | +9.0% | 0.9% | Not available | Partial |
| 2024 | +246.1% ! | -9.6% | 0.8% | 0.1200% | Verified |
| 2023 | +0.0% | -2.1% | 3.0% | 0.5100% | Verified |
| 2022 | +46.0% | -1.9% | 3.1% | 0.6200% | Verified |
| 2021 | base year | — | 4.6% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +405.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.0% | +191.5% | +172.8% | +853.4% | 2025 | -15.0% | 2026 |
| Assessment Ratio | 8.2% | 5.4% | — | 8.2% | 2026 | 2.4% | 2023 |
| Effective Tax Rate (2025) | 0.0200% | 0.0200% | — | 0.0200% | 2025 | 0.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,338 | $6,048 | ~$6,375 | $8,729 | 2022 | $4,383 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,753,874 | ~$330,135 | ~1.7168% | ~$5,668 | +163.5% |
| 2027 | ~$25,699,152 | ~$363,149 | ~1.6550% | ~$6,010 | +594.2% |
| 2028 | ~$67,711,190 | ~$399,464 | ~1.5932% | ~$6,364 | +1729.0% |
| 2029 | ~$178,402,978 | ~$439,410 | ~1.5314% | ~$6,729 | +4719.1% |
| 2030 | ~$470,049,674 | ~$483,351 | ~1.4695% | ~$7,103 | +12597.2% |
| 2026 | ~$9,679,834 | ~$330,135 | ~1.7787% | ~$5,872 | +161.5% |
| 2027 | ~$25,310,478 | ~$363,149 | ~1.7787% | ~$6,459 | +583.7% |
| 2028 | ~$66,180,915 | ~$399,464 | ~1.7787% | ~$7,105 | +1687.7% |
| 2029 | ~$173,047,449 | ~$439,410 | ~1.7787% | ~$7,816 | +4574.4% |
| 2030 | ~$452,478,172 | ~$483,351 | ~1.7787% | ~$8,597 | +12122.6% |
| 2026 | ~$9,827,914 | ~$330,135 | ~1.6859% | ~$5,566 | +165.5% |
| 2027 | ~$26,090,787 | ~$363,149 | ~1.5932% | ~$5,786 | +604.8% |
| 2028 | ~$69,264,873 | ~$399,464 | ~1.5004% | ~$5,994 | +1771.0% |
| 2029 | ~$183,881,864 | ~$439,410 | ~1.4077% | ~$6,186 | +4867.1% |
| 2030 | ~$488,162,880 | ~$483,351 | ~1.3150% | ~$6,356 | +13086.5% |
In 2025, this property's market value of $3,701,992 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 6× the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $3,701,992 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | $388,274 | $217,016 | $597,296 | $1,446,593 | ↓ Below median | +23.7% |
| 2023 | $413,057 | $167,963 | $453,916 | $1,078,522 | ↓ Below median | +0.0% |
| 2022 | $202,400 | $180,794 | $446,888 | $1,009,883 | ↓ Below median | +46.1% |
| 2021 | $167,300 | $33,611 | $103,166 | $247,000 | ↑ Above median | 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.