12221 NEW SWEDEN CHURCH RD TX 78653
| Owner | MAGNUSON FAMILY PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0259800501 |
| Short ID | 264022 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,520 SF |
| Land SF | 3,214,671 SF |
| Acres | 73.799 |
| Year Built | 1946 |
| Legal | ABS 260 SUR 22 ELISON T ACR 72.7987 (NON-HOMESTEAD) (1-D-1) |
| Neighborhood | _RGN320 |
| Land | $2,648,902 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,648,902 |
| Improvement | $156,772 |
|---|---|
| Total Improvement | $156,772 |
| Market | $2,805,674 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,805,674 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,589,487 |
| Net Appraised (assessed) | $216,187 |
| Taxable Value | $216,187 |
|---|
Appreciation: Market value has risen +2233.2% from $120,248 (2021) to $2,805,674 (2025), a CAGR of 119.8% 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 4 taxing entities is 0.6900% in 2025 (+0.0424% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,492. Travis County is the largest single contributor, at 54.5% of the total 2025 levy.
Assessment Gap: Assessed value ($216,187) is $2,589,487 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 94% of market value ($2,648,902 land vs $156,772 improvements), about $1/SF of land. With value concentrated in the land under a ~80-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 $2,805,674, 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 +168.2% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $389,240,596 by 2030, with an estimated annual tax burden around $2,516. 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 |
|---|---|---|---|
| 288 | SHED SF | 2,769 SF | ✓ |
| 1ST | 1st Floor | 1,520 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,520 SF | ✗ |
| 031 | GARAGE DET 1ST F | 891 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 520 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 160 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
| 302 | BARN FV | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 264022 | MAGNUSON FAMILY PARTNERSHIP LTD | 12221 NEW SWEDEN CHURCH RD 78653 | $145,930 | $145,930 | $145,930 |
| 264023 | MAGNUSON FAMILY PARTNERSHIP LTD | 0.000 | $2,183,961 | $24,134 | $24,134 |
Market value changed by 229% 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $812.53 | $812.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $255.15 | $255.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $223.54 | $223.54 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $200.55 | $200.55 | Paid |
| Combined Rate | 0.6640% | 0.5956% | 0.5812% | 0.6476% | 0.6900% | +0.0424% | $1,491.77 | $1,491.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,329,891 | $2,805,674 | -17.0% |
| Assessed Value | $170,064 | $216,187 | -21.3% |
| Land Value | $2,213,961 | $2,648,902 | -16.4% |
| Improvement Value | $115,930 | $156,772 | -26.1% |
| Taxable Value | $170,064 | $216,187 | -21.3% |
| HS Cap Loss | -$2,159,827 | — | |
| Total Tax 2026 = estimate |
~$1,174
Estimated
|
~$1,492
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,329,891 | $2,329,891 | +0 (+0.0%) |
| Taxable Value | $170,064 | $170,064 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,329,891 | $2,213,961 | $115,930 | −$2,159,827 | $170,064 | $170,064 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,805,674 | $2,648,902 | $156,772 | −$2,589,487 | $216,187 | $216,187 | ~$1,492 | Partial |
| 2024 | $166,346 | — | — | −$130,452 | $35,894 | $— | $1,388 | Verified |
| 2023 | $155,414 | — | — | −$144,520 | $10,894 | $— | $1,106 | Verified |
| 2022 | $145,455 | — | — | −$134,561 | $10,894 | $— | $1,071 | Verified |
| 2021 | $120,248 | — | — | −$112,901 | $7,347 | $— | $1,131 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.4% | +2.6% | 1.1% | Not available | Partial |
| 2025 | +0.0% | +9.3% | 0.9% | Not available | Partial |
| 2024 | +229.5% ! | -9.9% | 0.8% | 0.0500% | Verified |
| 2023 | +0.0% | -2.0% | 3.0% | 0.1200% | Verified |
| 2022 | +48.3% | -1.9% | 3.1% | 0.1100% | Verified |
| 2021 | base year | — | 4.6% | 0.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +388.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.0% | +320.9% | +179.1% | +1586.6% | 2025 | -17.0% | 2026 |
| Assessment Ratio | 7.3% | 9.5% | — | 21.6% | 2024 | 6.1% | 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 |
$1,492 | $1,237 | ~$2,064 | $1,492 | 2025 | $1,071 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,524,426 | ~$237,806 | ~0.6965% | ~$1,656 | +168.2% |
| 2027 | ~$20,179,462 | ~$261,586 | ~0.7031% | ~$1,839 | +619.2% |
| 2028 | ~$54,118,501 | ~$287,745 | ~0.7096% | ~$2,042 | +1828.9% |
| 2029 | ~$145,138,271 | ~$316,519 | ~0.7161% | ~$2,267 | +5073.0% |
| 2030 | ~$389,240,596 | ~$348,171 | ~0.7226% | ~$2,516 | +13773.3% |
| 2026 | ~$7,468,313 | ~$237,806 | ~0.6900% | ~$1,641 | +166.2% |
| 2027 | ~$19,879,607 | ~$261,586 | ~0.6900% | ~$1,805 | +608.6% |
| 2028 | ~$52,916,740 | ~$287,745 | ~0.6900% | ~$1,986 | +1786.1% |
| 2029 | ~$140,856,981 | ~$316,519 | ~0.6900% | ~$2,184 | +4920.4% |
| 2030 | ~$374,941,635 | ~$348,171 | ~0.6900% | ~$2,402 | +13263.7% |
| 2026 | ~$7,580,540 | ~$237,806 | ~0.6998% | ~$1,664 | +170.2% |
| 2027 | ~$20,481,561 | ~$261,586 | ~0.7096% | ~$1,856 | +630.0% |
| 2028 | ~$55,338,321 | ~$287,745 | ~0.7193% | ~$2,070 | +1872.4% |
| 2029 | ~$149,516,423 | ~$316,519 | ~0.7291% | ~$2,308 | +5229.1% |
| 2030 | ~$403,972,518 | ~$348,171 | ~0.7389% | ~$2,573 | +14298.4% |
In 2025, this property's market value of $2,805,674 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 5× 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 | $2,805,674 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | $166,346 | $217,016 | $597,296 | $1,446,593 | ↓ Bottom 25% | +23.7% |
| 2023 | $155,414 | $167,963 | $453,916 | $1,078,522 | ↓ Bottom 25% | +0.0% |
| 2022 | $145,455 | $180,794 | $446,888 | $1,009,883 | ↓ Bottom 25% | +46.1% |
| 2021 | $120,248 | $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.