6324 E U S HY 290 TX 78752
| Owner | PARKING 290 LIMITED PARTNERSHI |
|---|---|
| Parcel ID | 0227160209 |
| Short ID | 850340 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 47,981 SF |
| Acres | 1.101 |
| Year Built | — |
| Legal | LOT 6B I-290 SUBD |
| Neighborhood | 1EA3 |
| Land | $959,627 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $959,627 |
| Improvement | $54,016 |
|---|---|
| Total Improvement | $54,016 |
| Market | $1,013,643 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,013,643 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,013,643 |
| Taxable Value | $1,013,643 |
|---|
Appreciation: Market value has risen +525.8% from $161,965 (2021) to $1,013,643 (2025), a CAGR of 58.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced 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 $20,744. 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 95% of market value ($959,627 land vs $54,016 improvements), about $20/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 $1,013,643, 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 +58.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,033,786 by 2030, with an estimated annual tax burden around $30,752. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 43,000 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
Market value changed by 90% 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% | $9,378.23 | $9,378.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,311.66 | $5,311.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,809.73 | $3,809.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,196.33 | $1,196.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,048.11 | $1,048.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,744.06 | $20,744.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,013,643 | $1,013,643 | +0.0% |
| Assessed Value | $1,013,643 | $1,013,643 | +0.0% |
| Land Value | $959,627 | $959,627 | +0.0% |
| Improvement Value | $54,016 | $54,016 | +0.0% |
| Taxable Value | $1,013,643 | $1,013,643 | +0.0% |
| Total Tax 2026 = estimate |
~$20,744
Estimated
|
~$20,744
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,013,643 | $1,013,643 | +0 (+0.0%) |
| Taxable Value | $1,013,643 | $1,013,643 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,013,643 | $959,627 | $54,016 | — | $1,013,643 | $1,013,643 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,013,643 | $959,627 | $54,016 | — | $1,013,643 | $1,013,643 | ~$20,744 | Partial |
| 2024 | $1,013,643 | — | — | — | — | $— | $20,089 | Verified |
| 2023 | $533,829 | — | — | — | — | $— | $18,339 | Verified |
| 2022 | $540,377 | — | — | — | — | $— | $10,543 | Verified |
| 2021 | $161,965 | — | — | — | — | $— | $11,762 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +89.9% ! | +89.9% | ~100% | 1.8100% | Verified |
| 2022 | -1.2% | -1.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 7.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +87.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +64.5% | +58.2% | +233.6% | 2022 | -1.2% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$20,744 | $16,295 | ~$26,448 | $20,744 | 2025 | $10,543 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,603,249 | ~$1,115,007 | ~2.0139% | ~$22,456 | +58.2% |
| 2027 | ~$2,535,811 | ~$1,226,508 | ~1.9814% | ~$24,302 | +150.2% |
| 2028 | ~$4,010,818 | ~$1,349,159 | ~1.9488% | ~$26,293 | +295.7% |
| 2029 | ~$6,343,791 | ~$1,484,075 | ~1.9163% | ~$28,439 | +525.8% |
| 2030 | ~$10,033,786 | ~$1,632,482 | ~1.8837% | ~$30,752 | +889.9% |
| 2026 | ~$1,582,976 | ~$1,115,007 | ~2.0465% | ~$22,818 | +56.2% |
| 2027 | ~$2,472,087 | ~$1,226,508 | ~2.0465% | ~$25,100 | +143.9% |
| 2028 | ~$3,860,585 | ~$1,349,159 | ~2.0465% | ~$27,610 | +280.9% |
| 2029 | ~$6,028,961 | ~$1,484,075 | ~2.0465% | ~$30,371 | +494.8% |
| 2030 | ~$9,415,249 | ~$1,632,482 | ~2.0465% | ~$33,408 | +828.9% |
| 2026 | ~$1,623,522 | ~$1,115,007 | ~1.9977% | ~$22,274 | +60.2% |
| 2027 | ~$2,600,347 | ~$1,226,508 | ~1.9488% | ~$23,903 | +156.5% |
| 2028 | ~$4,164,898 | ~$1,349,159 | ~1.9000% | ~$25,634 | +310.9% |
| 2029 | ~$6,670,794 | ~$1,484,075 | ~1.8512% | ~$27,473 | +558.1% |
| 2030 | ~$10,684,413 | ~$1,632,482 | ~1.8024% | ~$29,423 | +954.1% |
In 2025, this property's market value of $1,013,643 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 12× 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 | $1,013,643 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,013,643 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $533,829 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $540,377 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $161,965 | $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.