S INTERSTATE HY 35 TX 78756
| Owner | DAVIS LENDOL TRUSTEE |
|---|---|
| Parcel ID | 0304040210 |
| Short ID | 285341 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 8,650 SF |
| Acres | 0.199 |
| Year Built | — |
| Legal | TRT 2 * 1ST RESUB OF BROOK THE |
| Neighborhood | 1SC2 |
| Land | $432,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $432,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $432,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $432,500 |
| Value Limitation Adjustment (−) (homestead cap) | −$121,100 |
| Net Appraised (assessed) | $311,400 |
| Taxable Value | $311,400 |
|---|
Appreciation: Market value has risen +300.0% from $108,125 (2021) to $432,500 (2025), a CAGR of 41.4% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $6,373. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($311,400) is $121,100 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 ($432,500 land vs $0 improvements), about $50/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 $432,500, 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 +41.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,446,589 by 2030, with an estimated annual tax burden around $46,087. 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 233% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $2,400.89 | $2,400.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,359.82 | $1,359.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $975.32 | $975.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $306.27 | $306.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $268.32 | $268.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,310.62 | $5,310.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $259,500 | $432,500 | -40.0% |
| Assessed Value | $259,500 | $311,400 | -16.7% |
| Land Value | $302,750 | $432,500 | -30.0% |
| Improvement Value | — | — | — |
| Taxable Value | $259,500 | $311,400 | -16.7% |
| Total Tax 2026 = estimate |
~$5,311
Estimated
|
~$5,311
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $302,750 | $259,500 | -43,250 (-14.3%) |
| Taxable Value | $302,750 | $259,500 | -43,250 (-14.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $259,500 | $302,750 | — | — | $259,500 | $259,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $432,500 | $432,500 | — | −$121,100 | $311,400 | $311,400 | ~$5,311 | Partial |
| 2024 | $— | — | — | — | $432,500 | $— | $5,698 | Verified |
| 2023 | $— | — | — | — | $432,500 | $— | $4,523 | Verified |
| 2022 | $— | — | — | — | $129,750 | $— | $2,562 | Verified |
| 2021 | $108,125 | — | — | — | $108,125 | $— | $2,354 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -30.0% | -2.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +3.8% | 72.0% | Not available | Partial |
| 2024 | +0.0% | -30.6% | 69.4% | 1.3200% | Verified |
| 2023 | +233.3% ! | +233.3% | ~100% | 1.0500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +233.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -40.0% | +130.0% | +60.3% | +300.0% | 2025 | -40.0% | 2026 |
| Assessment Ratio | 100.0% | 90.7% | — | 100.0% | 2021 | 72.0% | 2025 |
| Effective Tax Rate (2025) | 1.2300% | 1.2300% | — | 1.2300% | 2025 | 1.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,311 | $3,832 | ~$26,507 | $5,311 | 2025 | $2,354 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$611,647 | ~$611,647 | ~2.0139% | ~$12,318 | +41.4% |
| 2027 | ~$865,000 | ~$865,000 | ~1.9814% | ~$17,139 | +100.0% |
| 2028 | ~$1,223,295 | ~$1,223,295 | ~1.9488% | ~$23,840 | +182.8% |
| 2029 | ~$1,730,000 | ~$1,730,000 | ~1.9163% | ~$33,152 | +300.0% |
| 2030 | ~$2,446,589 | ~$2,446,589 | ~1.8837% | ~$46,087 | +465.7% |
| 2026 | ~$602,997 | ~$602,997 | ~2.0465% | ~$12,340 | +39.4% |
| 2027 | ~$840,707 | ~$840,707 | ~2.0465% | ~$17,205 | +94.4% |
| 2028 | ~$1,172,125 | ~$1,172,125 | ~2.0465% | ~$23,987 | +171.0% |
| 2029 | ~$1,634,193 | ~$1,634,193 | ~2.0465% | ~$33,444 | +277.8% |
| 2030 | ~$2,278,414 | ~$2,278,414 | ~2.0465% | ~$46,627 | +426.8% |
| 2026 | ~$620,297 | ~$620,297 | ~1.9977% | ~$12,391 | +43.4% |
| 2027 | ~$889,639 | ~$889,639 | ~1.9488% | ~$17,338 | +105.7% |
| 2028 | ~$1,275,932 | ~$1,275,932 | ~1.9000% | ~$24,243 | +195.0% |
| 2029 | ~$1,829,959 | ~$1,829,959 | ~1.8512% | ~$33,876 | +323.1% |
| 2030 | ~$2,624,552 | ~$2,624,552 | ~1.8024% | ~$47,304 | +506.8% |
In 2025, this property's market value of $432,500 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $432,500 | $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 | $108,125 | $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.