626 BASTROP HWY TX 78742
| Owner | STATE OF TEXAS |
|---|---|
| Parcel ID | 0307210404 |
| Short ID | 288440 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 309,450 SF |
| Acres | 7.104 |
| Year Built | — |
| Legal | ABS 24 DELVALLE S ACR 7.1040 |
| Neighborhood | 1SE1 |
| Land | $1,126,399 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,126,399 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,126,399 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,126,399 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,126,399 |
| Taxable Value | $1,126,399 |
|---|
Appreciation: Market value has risen +40.8% from $800,000 (2021) to $1,126,399 (2025), a CAGR of 8.9% 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.
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 ($1,126,399 land vs $0 improvements), about $4/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 $1,126,399, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,727,608 by 2030, with an estimated annual tax burden around $0. 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.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,126,399 | $1,126,399 | +0.0% |
| Assessed Value | $1,126,399 | $1,126,399 | +0.0% |
| Land Value | $1,126,399 | $1,126,399 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,126,399 | $1,126,399 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,126,399 | $1,126,399 | — | — | $1,126,399 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,126,399 | $1,126,399 | — | — | $1,126,399 | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | $1,126,399 | $— | $21,993 | Verified |
| 2022 | $— | — | — | — | $1,126,399 | $— | $24,363 | Verified |
| 2021 | $800,000 | — | — | — | $800,000 | $— | $18,536 | 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 |
| 2023 | +0.0% | +0.0% | ~100% | 1.9500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | 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% | +20.4% | +8.9% | +40.8% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $18,536 | $18,536 | — | $18,536 | 2021 | $18,536 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,226,995 | ~$1,226,995 | ~0.0000% | ~$0 | +8.9% |
| 2027 | ~$1,336,575 | ~$1,336,575 | ~0.0000% | ~$0 | +18.7% |
| 2028 | ~$1,455,942 | ~$1,455,942 | ~0.0000% | ~$0 | +29.3% |
| 2029 | ~$1,585,968 | ~$1,585,968 | ~0.0000% | ~$0 | +40.8% |
| 2030 | ~$1,727,608 | ~$1,727,608 | ~0.0000% | ~$0 | +53.4% |
| 2026 | ~$1,204,467 | ~$1,204,467 | ~0.0000% | ~$0 | +6.9% |
| 2027 | ~$1,287,946 | ~$1,287,946 | ~0.0000% | ~$0 | +14.3% |
| 2028 | ~$1,377,210 | ~$1,377,210 | ~0.0000% | ~$0 | +22.3% |
| 2029 | ~$1,472,662 | ~$1,472,662 | ~0.0000% | ~$0 | +30.7% |
| 2030 | ~$1,574,729 | ~$1,574,729 | ~0.0000% | ~$0 | +39.8% |
| 2026 | ~$1,249,523 | ~$1,249,523 | ~0.0000% | ~$0 | +10.9% |
| 2027 | ~$1,386,106 | ~$1,386,106 | ~0.0000% | ~$0 | +23.1% |
| 2028 | ~$1,537,618 | ~$1,537,618 | ~0.0000% | ~$0 | +36.5% |
| 2029 | ~$1,705,691 | ~$1,705,691 | ~0.0000% | ~$0 | +51.4% |
| 2030 | ~$1,892,136 | ~$1,892,136 | ~0.0000% | ~$0 | +68.0% |
In 2025, this property's market value of $1,126,399 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 13× 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 | $1,126,399 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $800,000 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |