401 OAK PLAZA TX 78753
| Owner | CHEN KAREN |
|---|---|
| Parcel ID | 0236170201 |
| Short ID | 239691 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 16,492 SF |
| Acres | 0.379 |
| Year Built | — |
| Legal | LOT 1 BLK G DEAN TERRACE |
| Neighborhood | W2000 |
| Land | $253,787 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $253,787 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $253,787 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $253,787 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $253,787 |
| Taxable Value | $253,787 |
|---|
Appreciation: Market value has risen +62.4% from $156,250 (2021) to $253,787 (2025), a CAGR of 12.9% 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 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 $5,194. 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 100% of market value ($253,787 land vs $0 improvements), about $15/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 $253,787, 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 +12.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $465,351 by 2030, with an estimated annual tax burden around $8,766. 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 120% 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% | $2,348.04 | $2,348.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,329.89 | $1,329.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $953.85 | $953.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $299.53 | $299.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $262.42 | $262.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,193.73 | $5,193.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $126,894 | $253,787 | -50.0% |
| Assessed Value | $126,894 | $253,787 | -50.0% |
| Land Value | $126,894 | $253,787 | -50.0% |
| Improvement Value | — | — | — |
| Taxable Value | $126,894 | $253,787 | -50.0% |
| Total Tax 2026 = estimate |
~$2,597
Estimated
|
~$5,194
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $126,894 | $126,894 | +0 (+0.0%) |
| Taxable Value | $126,894 | $126,894 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $126,894 | $126,894 | — | — | $126,894 | $126,894 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $253,787 | $253,787 | — | — | $253,787 | $253,787 | ~$5,194 | Partial |
| 2024 | $— | — | — | — | $250,000 | $— | $4,955 | Verified |
| 2023 | $— | — | — | — | $343,750 | $— | $6,219 | Verified |
| 2022 | $— | — | — | — | $343,750 | $— | $6,789 | Verified |
| 2021 | $156,250 | — | — | −$50 | $156,200 | $— | $3,400 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -50.0% | -50.0% | ~100% | Not available | Partial |
| 2025 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2024 | -27.3% | -27.3% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +120.0% ! | +120.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +62.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -50.0% | +6.2% | +35.5% | +62.4% | 2025 | -50.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$5,194 | $4,297 | ~$7,192 | $5,194 | 2025 | $3,400 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$286,505 | ~$286,505 | ~2.0139% | ~$5,770 | +12.9% |
| 2027 | ~$323,440 | ~$323,440 | ~1.9814% | ~$6,409 | +27.4% |
| 2028 | ~$365,137 | ~$365,137 | ~1.9488% | ~$7,116 | +43.9% |
| 2029 | ~$412,210 | ~$412,210 | ~1.9163% | ~$7,899 | +62.4% |
| 2030 | ~$465,351 | ~$465,351 | ~1.8837% | ~$8,766 | +83.4% |
| 2026 | ~$281,429 | ~$281,429 | ~2.0465% | ~$5,759 | +10.9% |
| 2027 | ~$312,082 | ~$312,082 | ~2.0465% | ~$6,387 | +23.0% |
| 2028 | ~$346,073 | ~$346,073 | ~2.0465% | ~$7,082 | +36.4% |
| 2029 | ~$383,766 | ~$383,766 | ~2.0465% | ~$7,854 | +51.2% |
| 2030 | ~$425,565 | ~$425,565 | ~2.0465% | ~$8,709 | +67.7% |
| 2026 | ~$291,580 | ~$291,580 | ~1.9977% | ~$5,825 | +14.9% |
| 2027 | ~$335,002 | ~$335,002 | ~1.9488% | ~$6,529 | +32.0% |
| 2028 | ~$384,890 | ~$384,890 | ~1.9000% | ~$7,313 | +51.7% |
| 2029 | ~$442,207 | ~$442,207 | ~1.8512% | ~$8,186 | +74.2% |
| 2030 | ~$508,059 | ~$508,059 | ~1.8024% | ~$9,157 | +100.2% |
In 2025, this property's market value of $253,787 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — +198% above 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 | $253,787 | $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 | $156,250 | $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.