2904 TAVERN DR TX 78660
| Owner | MCGEE RACHEL |
|---|---|
| Parcel ID | 0254401911 |
| Short ID | 918514 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,922 SF |
| Land SF | 3,780 SF |
| Acres | 0.087 |
| Year Built | 2023 |
| Legal | LOT 10 BLK B UPPER EAST END |
| Neighborhood | A5850 |
| Land | $89,420 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $89,420 |
| Improvement | $265,197 |
|---|---|
| Total Improvement | $265,197 |
| Market | $354,617 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $354,617 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $354,617 |
| Exemptions (−) (HS) | −$70,923 |
|---|---|
| Taxable Value | $283,694 |
Appreciation: Market value has risen +4628.2% from $7,500 (2021) to $354,617 (2025), a CAGR of 162.2% 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 outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $6,321. Pflugerville ISD is the largest single contributor, at 42.2% 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 25% of market value ($89,420 land vs $265,197 improvements), about $24/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $354,617, 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 +162.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $43,967,565 by 2030, with an estimated annual tax burden around $10,764. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,922 SF | ✗ |
| 2ND | 2nd Floor | 1,133 SF | ✓ |
| 1ST | 1st Floor | 789 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 411 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 204 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 167% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $2,375.60 | $2,375.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,486.60 | $1,486.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,066.25 | $1,066.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $361.50 | $361.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $334.82 | $334.82 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $5,624.77 | $5,624.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $336,101 | $354,617 | -5.2% |
| Assessed Value | $336,101 | $354,617 | -5.2% |
| Land Value | $95,933 | $89,420 | +7.3% |
| Improvement Value | $240,168 | $265,197 | -9.4% |
| Taxable Value | $268,881 | $283,694 | -5.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$5,991
Estimated
|
~$5,625
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $374,236 | $336,101 | -38,135 (-10.2%) |
| Taxable Value | $299,389 | $268,881 | -30,508 (-10.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $336,101 | $95,933 | $240,168 | — | $336,101 | $268,881 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $354,617 | $89,420 | $265,197 | — | $354,617 | $283,694 | ~$5,625 | Partial |
| 2024 | $— | — | — | — | $64,000 | $— | $5,025 | Verified |
| 2023 | $— | — | — | — | $80,000 | $— | $1,647 | Verified |
| 2022 | $— | — | — | — | $80,000 | $— | $1,794 | Verified |
| 2021 | $7,500 | — | — | — | $30,000 ! | $— | $391 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2025 | +14.8% | +14.8% | ~100% | Not available | Partial |
| 2024 | +286.0% ! | +286.0% | ~100% | 1.6300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2022 | +166.7% ! | +166.7% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 5.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1082.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +2311.5% | +165.1% | +4628.2% | 2025 | -5.2% | 2026 |
| Assessment Ratio | 100.0% | 200.0% | — | 400.0% | 2021 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.5900% | 1.5900% | — | 1.5900% | 2025 | 1.5900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,625 | $3,008 | ~$9,569 | $5,625 | 2025 | $391 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$929,895 | ~$390,079 | ~2.1595% | ~$8,424 | +162.2% |
| 2027 | ~$2,438,421 | ~$429,087 | ~2.0908% | ~$8,971 | +587.6% |
| 2028 | ~$6,394,157 | ~$471,995 | ~2.0221% | ~$9,544 | +1703.1% |
| 2029 | ~$16,767,096 | ~$519,195 | ~1.9534% | ~$10,142 | +4628.2% |
| 2030 | ~$43,967,565 | ~$571,114 | ~1.8847% | ~$10,764 | +12298.6% |
| 2026 | ~$922,803 | ~$390,079 | ~2.2282% | ~$8,692 | +160.2% |
| 2027 | ~$2,401,367 | ~$429,087 | ~2.2282% | ~$9,561 | +577.2% |
| 2028 | ~$6,248,964 | ~$471,995 | ~2.2282% | ~$10,517 | +1662.2% |
| 2029 | ~$16,261,386 | ~$519,195 | ~2.2282% | ~$11,569 | +4485.6% |
| 2030 | ~$42,316,237 | ~$571,114 | ~2.2282% | ~$12,725 | +11832.9% |
| 2026 | ~$936,988 | ~$390,079 | ~2.1251% | ~$8,290 | +164.2% |
| 2027 | ~$2,475,759 | ~$429,087 | ~2.0221% | ~$8,677 | +598.2% |
| 2028 | ~$6,541,581 | ~$471,995 | ~1.9190% | ~$9,058 | +1744.7% |
| 2029 | ~$17,284,510 | ~$519,195 | ~1.8160% | ~$9,429 | +4774.1% |
| 2030 | ~$45,670,047 | ~$571,114 | ~1.7129% | ~$9,783 | +12778.7% |
In 2025, this property's market value of $354,617 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 | $354,617 | $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 | $7,500 | $6,000 | $14,480 | $80,000 | ↓ Below 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.