10509 SCHMIDT LN TX 78660
| Owner | SHROUT LOYD A & LOIS G |
|---|---|
| Parcel ID | 0259700507 |
| Short ID | 426732 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,972 SF |
| Land SF | 686,070 SF |
| Acres | 15.750 |
| Year Built | 1999 |
| Legal | 14.75 AC OF LOT 3 MAGNUSON ADDN THE (1-D-1) |
| Neighborhood | _RGN312 |
| Land | $629,296 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $629,296 |
| Improvement | $279,469 |
|---|---|
| Total Improvement | $279,469 |
| Market | $908,765 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $908,765 |
| Value Limitation Adjustment (−) (homestead cap) | −$608,081 |
| Net Appraised (assessed) | $300,684 |
| Exemptions (−) (HS) | −$59,600 |
|---|---|
| Taxable Value | $241,084 |
Appreciation: Market value has risen +295.7% from $229,664 (2021) to $908,765 (2025), a CAGR of 41.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 lagged 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 $4,288. Manor ISD is the largest single contributor, at 49.2% of the total 2025 levy.
Assessment Gap: Assessed value ($300,684) is $608,081 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 69% of market value ($629,296 land vs $279,469 improvements), about $1/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $908,765, this parcel sits in the upper-middle (50th–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 +64.7% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $11,001,929 by 2030, with an estimated annual tax burden around $7,116. 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 | 1,972 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,972 SF | ✗ |
| 301 | BARN SF | 1,200 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 529 SF | ✓ |
| 612 | TERRACE UNCOVERD | 270 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 204 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 144 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 426732 | SHROUT LOYD A & LOIS G | 10509 SCHMIDT LN MANOR 78653 | $319,424 | $319,424 | $102,458 |
| 503699 | SHROUT LOYD A & LOIS G | 14.750 | $652,688 | $2,853 | $2,853 |
Market value changed by 162% 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% | $1,737.64 | $1,737.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $906.11 | $906.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $305.74 | $305.74 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $300.69 | $300.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $284.53 | $284.53 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $3,534.71 | $3,534.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $972,112 | $908,765 | +7.0% |
| Assessed Value | $322,277 | $300,684 | +7.2% |
| Land Value | $696,938 | $629,296 | +10.7% |
| Improvement Value | $275,174 | $279,469 | -1.5% |
| Taxable Value | $105,311 | $241,084 | -56.3% |
| Exemptions | HS,OV65 | HS | |
| HS Cap Loss | -$649,835 | — | |
| Total Tax 2026 = estimate |
~$1,873
Estimated
|
~$3,535
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $972,112 | $972,112 | +0 (+0.0%) |
| Taxable Value | $107,360 | $105,311 | -2,049 (-1.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $972,112 | $696,938 | $275,174 | −$649,835 | $322,277 | $105,311 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $908,765 | $629,296 | $279,469 | −$608,081 | $300,684 | $241,084 | ~$3,535 | Partial |
| 2024 | $677,350 | — | — | −$527,537 | $149,813 | $— | $3,408 | Verified |
| 2023 | $677,350 | — | — | −$602,437 | $74,913 | $— | $2,904 | Verified |
| 2022 | $203,536 | — | — | −$128,623 | $74,913 | $— | $3,713 | Verified |
| 2021 | $229,664 | — | — | −$216,680 | $12,984 | $— | $3,631 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.7% | +6.2% | 0.4% | Not available | Partial |
| 2025 | -2.2% | +18.5% | 0.5% | Not available | Partial |
| 2024 | +161.8% ! | +3.6% | 0.4% | 0.2800% | Verified |
| 2023 | +0.0% | +7.9% | 1.0% | 0.3200% | Verified |
| 2022 | +13.1% | -99.0% | 0.9% | 0.4100% | Verified |
| 2021 | base year | — | ~100% | 1.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +189.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.0% | +52.5% | +62.5% | +232.8% | 2023 | -11.4% | 2022 |
| Assessment Ratio | 33.2% | 23.7% | — | 36.8% | 2022 | 5.7% | 2021 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,535 | $3,438 | ~$6,387 | $3,713 | 2022 | $2,904 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,496,425 | ~$330,752 | ~1.7168% | ~$5,678 | +64.7% |
| 2027 | ~$2,464,101 | ~$363,828 | ~1.6550% | ~$6,021 | +171.1% |
| 2028 | ~$4,057,532 | ~$400,210 | ~1.5932% | ~$6,376 | +346.5% |
| 2029 | ~$6,681,368 | ~$440,231 | ~1.5314% | ~$6,742 | +635.2% |
| 2030 | ~$11,001,929 | ~$484,255 | ~1.4695% | ~$7,116 | +1110.6% |
| 2026 | ~$1,478,250 | ~$330,752 | ~1.7787% | ~$5,883 | +62.7% |
| 2027 | ~$2,404,607 | ~$363,828 | ~1.7787% | ~$6,471 | +164.6% |
| 2028 | ~$3,911,474 | ~$400,210 | ~1.7787% | ~$7,118 | +330.4% |
| 2029 | ~$6,362,632 | ~$440,231 | ~1.7787% | ~$7,830 | +600.1% |
| 2030 | ~$10,349,827 | ~$484,255 | ~1.7787% | ~$8,613 | +1038.9% |
| 2026 | ~$1,514,601 | ~$330,752 | ~1.6859% | ~$5,576 | +66.7% |
| 2027 | ~$2,524,321 | ~$363,828 | ~1.5932% | ~$5,796 | +177.8% |
| 2028 | ~$4,207,181 | ~$400,210 | ~1.5004% | ~$6,005 | +363.0% |
| 2029 | ~$7,011,933 | ~$440,231 | ~1.4077% | ~$6,197 | +671.6% |
| 2030 | ~$11,686,495 | ~$484,255 | ~1.3150% | ~$6,368 | +1186.0% |
In 2025, this property's market value of $908,765 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +52% above 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 | $908,765 | $207,536 | $597,708 | $1,442,275 | ↑ Above median | +0.0% |
| 2024 | $677,350 | $217,016 | $597,296 | $1,446,593 | ↑ Above median | +23.7% |
| 2023 | $677,350 | $167,963 | $453,916 | $1,078,522 | ↑ Above median | +0.0% |
| 2022 | $203,536 | $180,794 | $446,888 | $1,009,883 | ↓ Below median | +46.1% |
| 2021 | $229,664 | $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.