PRAIRIE LN TX 78728
| Owner | GLOBAL SIGNAL ACQUISITIONS IV LLC |
|---|---|
| Parcel ID | 0282200109 |
| Short ID | 280919 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 21,400 SF |
| Acres | 0.491 |
| Year Built | — |
| Legal | E 83.3FT OF LESS SW 83X268FT LOT 3 NORTHRIDGE ACRES NO 2 |
| Neighborhood | W6500 |
| Land | $284,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $284,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $284,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $284,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$206,000 |
| Net Appraised (assessed) | $78,000 |
| Taxable Value | $78,000 |
|---|
Appreciation: Market value has risen +336.9% from $65,000 (2021) to $284,000 (2025), a CAGR of 44.6% 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 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,259. Round Rock ISD is the largest single contributor, at 55.3% of the total 2025 levy.
Assessment Gap: Assessed value ($78,000) is $206,000 below market value, suggesting potential for an upward assessment in future years.
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 ($284,000 land vs $0 improvements), about $13/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 $284,000, 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 +44.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,794,009 by 2030, with an estimated annual tax burden around $23,815. 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 337% in 2025, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $696.62 | $696.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $293.16 | $293.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $92.06 | $92.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $80.65 | $80.65 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $72.36 | $72.36 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $23.79 | $23.79 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $1,258.64 | $1,258.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $284,000 | $284,000 | +0.0% |
| Assessed Value | $93,600 | $78,000 | +20.0% |
| Land Value | $284,000 | $284,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $93,600 | $78,000 | +20.0% |
| HS Cap Loss | -$190,400 | — | |
| Total Tax 2026 = estimate |
~$1,510
Estimated
|
~$1,259
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $284,000 | $284,000 | +0 (+0.0%) |
| Taxable Value | $93,600 | $93,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $284,000 | $284,000 | — | −$190,400 | $93,600 | $93,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $284,000 | $284,000 | — | −$206,000 | $78,000 | $78,000 | ~$1,259 | Partial |
| 2024 | $— | — | — | — | $65,000 | $— | $1,026 | Verified |
| 2023 | $— | — | — | — | $65,000 | $— | $990 | Verified |
| 2022 | $— | — | — | — | $65,000 | $— | $1,094 | Verified |
| 2021 | $65,000 | — | — | — | $65,000 | $— | $1,198 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 33.0% | Not available | Partial |
| 2025 | +336.9% ! | +20.0% | 27.5% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.5800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.5200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.6800% | Verified |
| 2021 | base year | — | ~100% | 1.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +336.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +168.4% | +44.6% | +336.9% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 33.0% | 53.5% | — | 100.0% | 2021 | 27.5% | 2025 |
| Effective Tax Rate (2025) | 0.4400% | 0.4400% | — | 0.4400% | 2025 | 0.4400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,259 | $1,228 | ~$13,733 | $1,259 | 2025 | $1,198 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$410,601 | ~$410,601 | ~1.5564% | ~$6,391 | +44.6% |
| 2027 | ~$593,637 | ~$593,637 | ~1.4992% | ~$8,900 | +109.0% |
| 2028 | ~$858,266 | ~$858,266 | ~1.4419% | ~$12,376 | +202.2% |
| 2029 | ~$1,240,862 | ~$1,240,862 | ~1.3847% | ~$17,182 | +336.9% |
| 2030 | ~$1,794,009 | ~$1,794,009 | ~1.3275% | ~$23,815 | +531.7% |
| 2026 | ~$404,921 | ~$404,921 | ~1.6136% | ~$6,534 | +42.6% |
| 2027 | ~$577,326 | ~$577,326 | ~1.6136% | ~$9,316 | +103.3% |
| 2028 | ~$823,139 | ~$823,139 | ~1.6136% | ~$13,282 | +189.8% |
| 2029 | ~$1,173,612 | ~$1,173,612 | ~1.6136% | ~$18,938 | +313.2% |
| 2030 | ~$1,673,309 | ~$1,673,309 | ~1.6136% | ~$27,001 | +489.2% |
| 2026 | ~$416,281 | ~$416,281 | ~1.5278% | ~$6,360 | +46.6% |
| 2027 | ~$610,174 | ~$610,174 | ~1.4419% | ~$8,798 | +114.9% |
| 2028 | ~$894,380 | ~$894,380 | ~1.3561% | ~$12,128 | +214.9% |
| 2029 | ~$1,310,961 | ~$1,310,961 | ~1.2702% | ~$16,652 | +361.6% |
| 2030 | ~$1,921,576 | ~$1,921,576 | ~1.1844% | ~$22,758 | +576.6% |
In 2025, this property's market value of $284,000 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 3× 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 | $284,000 | $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 | $65,000 | $6,000 | $14,480 | $80,000 | ↑ 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.