715 BASTROP HWY TX 78742
| Owner | THELAST INC |
|---|---|
| Parcel ID | 0306200107 |
| Short ID | 287036 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 668,820 SF |
| Acres | 15.354 |
| Year Built | — |
| Legal | LOT D * LESS .856A COMMERCE SQUARE SEC 2 |
| Neighborhood | 1SE3 |
| Land | $702,261 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $702,261 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $702,261 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $702,261 |
| Value Limitation Adjustment (−) (homestead cap) | −$192,261 |
| Net Appraised (assessed) | $510,000 |
| Taxable Value | $510,000 |
|---|
Appreciation: Market value has risen +90.9% from $367,850 (2021) to $702,261 (2025), a CAGR of 17.5% 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $10,558. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Assessment Gap: Assessed value ($510,000) is $192,261 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 ($702,261 land vs $0 improvements), about $1/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 $702,261, 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 +17.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,575,917 by 2030, with an estimated annual tax burden around $27,763. 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 91% in 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $4,839.39 | $4,839.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,672.49 | $2,672.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,916.81 | $1,916.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $601.92 | $601.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $527.34 | $527.34 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $10,557.95 | $10,557.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $568,000 | $702,261 | -19.1% |
| Assessed Value | $568,000 | $510,000 | +11.4% |
| Land Value | $752,423 | $702,261 | +7.1% |
| Improvement Value | — | — | — |
| Taxable Value | $568,000 | $510,000 | +11.4% |
| Total Tax 2026 = estimate |
~$11,759
Estimated
|
~$10,558
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $702,261 | $568,000 | -134,261 (-19.1%) |
| Taxable Value | $612,000 | $568,000 | -44,000 (-7.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $568,000 | $752,423 | — | — | $568,000 | $568,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $702,261 | $702,261 | — | −$192,261 | $510,000 | $510,000 | ~$10,558 | Partial |
| 2024 | $— | — | — | — | $425,000 | $— | $8,620 | Verified |
| 2023 | $— | — | — | — | $702,261 | $— | $8,298 | Verified |
| 2022 | $— | — | — | — | $367,850 | $— | $7,956 | Verified |
| 2021 | $367,850 | — | — | — | $367,850 | $— | $8,523 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 87.2% | Not available | Partial |
| 2025 | +65.2% | +20.0% | 72.6% | Not available | Partial |
| 2024 | -39.5% | -39.5% | ~100% | 2.0300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.1800% | Verified |
| 2022 | +90.9% ! | +90.9% | ~100% | 1.1300% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +90.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.1% | +35.9% | +23.1% | +90.9% | 2025 | -19.1% | 2026 |
| Assessment Ratio | 100.0% | 90.9% | — | 100.0% | 2021 | 72.6% | 2025 |
| Effective Tax Rate (2025) | 1.5000% | 1.5000% | — | 1.5000% | 2025 | 1.5000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,558 | $9,540 | ~$21,836 | $10,558 | 2025 | $8,523 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$825,478 | ~$825,478 | ~2.0085% | ~$16,580 | +17.5% |
| 2027 | ~$970,314 | ~$970,314 | ~1.9468% | ~$18,890 | +38.2% |
| 2028 | ~$1,140,563 | ~$1,140,563 | ~1.8851% | ~$21,501 | +62.4% |
| 2029 | ~$1,340,684 | ~$1,340,684 | ~1.8234% | ~$24,446 | +90.9% |
| 2030 | ~$1,575,917 | ~$1,575,917 | ~1.7617% | ~$27,763 | +124.4% |
| 2026 | ~$811,433 | ~$811,433 | ~2.0702% | ~$16,798 | +15.5% |
| 2027 | ~$937,576 | ~$937,576 | ~2.0702% | ~$19,410 | +33.5% |
| 2028 | ~$1,083,329 | ~$1,083,329 | ~2.0702% | ~$22,427 | +54.3% |
| 2029 | ~$1,251,741 | ~$1,251,741 | ~2.0702% | ~$25,913 | +78.2% |
| 2030 | ~$1,446,334 | ~$1,446,334 | ~2.0702% | ~$29,942 | +106.0% |
| 2026 | ~$839,523 | ~$839,523 | ~1.9776% | ~$16,603 | +19.5% |
| 2027 | ~$1,003,614 | ~$1,003,614 | ~1.8851% | ~$18,919 | +42.9% |
| 2028 | ~$1,199,778 | ~$1,199,778 | ~1.7925% | ~$21,507 | +70.8% |
| 2029 | ~$1,434,284 | ~$1,434,284 | ~1.7000% | ~$24,383 | +104.2% |
| 2030 | ~$1,714,626 | ~$1,714,626 | ~1.6074% | ~$27,562 | +144.2% |
In 2025, this property's market value of $702,261 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 8× 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 | $702,261 | $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 | $367,850 | $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.