12424 SCOFIELD FARMS DR TX 78758
| Owner | MMK VENTURES LLC |
|---|---|
| Parcel ID | 0260180423 |
| Short ID | 478289 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 250,644 SF |
| Acres | 5.754 |
| Year Built | — |
| Legal | LOT 4 BLK B VILLAGE AT RIVER OAKS SEC 2 RESUB OF LOT 4 |
| Neighborhood | 1NO2 |
| Land | $2,506,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,506,440 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,506,440 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,506,440 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,506,440 |
| Taxable Value | $2,506,440 |
|---|
Appreciation: Market value has risen +200.0% from $835,480 (2021) to $2,506,440 (2025), a CAGR of 31.6% 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 lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 3.1534% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $79,038. Austin ISD is the largest single contributor, at 34.1% 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 ($2,506,440 land vs $0 improvements), about $10/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 $2,506,440, 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 +31.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,895,982 by 2030, with an estimated annual tax burden around $261,181. 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.
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $17,855.98 | $17,855.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,134.17 | $13,134.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,420.33 | $9,420.33 | Paid |
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $6,381.07 | $6,381.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,958.18 | $2,958.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,591.66 | $2,591.66 | Paid |
| Combined Rate | 3.5647% | 3.2395% | 2.9184% | 3.0887% | 3.1534% | +0.0647% | $52,341.39 | $52,341.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,506,440 | $2,506,440 | +0.0% |
| Assessed Value | $2,506,440 | $2,506,440 | +0.0% |
| Land Value | $2,506,440 | $2,506,440 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,506,440 | $2,506,440 | +0.0% |
| Total Tax 2026 = estimate |
~$79,038
Estimated
|
~$52,341
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,506,440 | $2,506,440 | +0 (+0.0%) |
| Taxable Value | $2,506,440 | $2,506,440 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,506,440 | $2,506,440 | — | — | $2,506,440 | $2,506,440 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,506,440 | $2,506,440 | — | — | $2,506,440 | $2,506,440 | ~$52,341 | Partial |
| 2024 | $— | — | — | — | $2,506,440 | $— | $50,575 | Verified |
| 2023 | $— | — | — | — | $2,506,440 | $— | $46,787 | Verified |
| 2022 | $— | — | — | — | $2,506,440 | $— | $51,045 | Verified |
| 2021 | $835,480 | — | — | — | $2,506,440 ! | $— | $56,438 | 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% | 2.0200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8700% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 6.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +100.0% | +31.6% | +200.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 166.7% | — | 300.0% | 2021 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.0900% | 2.0900% | — | 2.0900% | 2025 | 2.0900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$52,341 | $54,390 | ~$171,702 | $56,438 | 2021 | $52,341 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,298,661 | ~$3,298,661 | ~3.0506% | ~$100,628 | +31.6% |
| 2027 | ~$4,341,281 | ~$4,341,281 | ~2.9477% | ~$127,970 | +73.2% |
| 2028 | ~$5,713,448 | ~$5,713,448 | ~2.8449% | ~$162,543 | +128.0% |
| 2029 | ~$7,519,320 | ~$7,519,320 | ~2.7421% | ~$206,187 | +200.0% |
| 2030 | ~$9,895,982 | ~$9,895,982 | ~2.6393% | ~$261,181 | +294.8% |
| 2026 | ~$3,248,532 | ~$3,248,532 | ~3.1534% | ~$102,439 | +29.6% |
| 2027 | ~$4,210,338 | ~$4,210,338 | ~3.1534% | ~$132,768 | +68.0% |
| 2028 | ~$5,456,909 | ~$5,456,909 | ~3.1534% | ~$172,077 | +117.7% |
| 2029 | ~$7,072,558 | ~$7,072,558 | ~3.1534% | ~$223,025 | +182.2% |
| 2030 | ~$9,166,559 | ~$9,166,559 | ~3.1534% | ~$289,057 | +265.7% |
| 2026 | ~$3,348,789 | ~$3,348,789 | ~2.9992% | ~$100,435 | +33.6% |
| 2027 | ~$4,474,230 | ~$4,474,230 | ~2.8449% | ~$127,288 | +78.5% |
| 2028 | ~$5,977,903 | ~$5,977,903 | ~2.6907% | ~$160,846 | +138.5% |
| 2029 | ~$7,986,921 | ~$7,986,921 | ~2.5364% | ~$202,584 | +218.7% |
| 2030 | ~$10,671,117 | ~$10,671,117 | ~2.3822% | ~$254,208 | +325.7% |
In 2025, this property's market value of $2,506,440 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 29× 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 | $2,506,440 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +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 | $835,480 | $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.