3108 ALVIN DEVANE BLVD TX 78741
| Owner | SPANSION LLC |
|---|---|
| Parcel ID | 0314080106 |
| Short ID | 363830 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 314,757 SF |
| Acres | 7.226 |
| Year Built | — |
| Legal | LOT 1 BLK 1 LESS 70487SF A M D ADDN |
| Neighborhood | 1SE1 |
| Land | $1,766,123 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,766,123 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,766,123 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,766,123 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,540,656 |
| Net Appraised (assessed) | $225,467 |
| Taxable Value | $225,467 |
|---|
Appreciation: Market value has risen +122.2% from $794,756 (2021) to $1,766,123 (2025), a CAGR of 22.1% 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 $4,668. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Assessment Gap: Assessed value ($225,467) is $1,540,656 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 ($1,766,123 land vs $0 improvements), about $6/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 $1,766,123, 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 +22.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,791,868 by 2030, with an estimated annual tax burden around $84,418. 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 79% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $2,139.46 | $2,139.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,181.49 | $1,181.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $847.41 | $847.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $266.10 | $266.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $233.13 | $233.13 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $4,667.59 | $4,667.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,324,593 | $1,766,123 | -25.0% |
| Assessed Value | $1,324,593 | $225,467 | +487.5% |
| Land Value | $1,324,593 | $1,766,123 | -25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,324,593 | $225,467 | +487.5% |
| Total Tax 2026 = estimate |
~$27,422
Estimated
|
~$4,668
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,324,593 | $1,324,593 | +0 (+0.0%) |
| Taxable Value | $1,324,593 | $1,324,593 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,324,593 | $1,324,593 | — | — | $1,324,593 | $1,324,593 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,766,123 | $1,766,123 | — | −$1,540,656 | $225,467 | $225,467 | ~$4,668 | Partial |
| 2024 | $— | — | — | — | $187,889 | $— | $3,811 | Verified |
| 2023 | $— | — | — | — | $187,889 | $— | $3,669 | Verified |
| 2022 | $— | — | — | — | $187,889 | $— | $4,064 | Verified |
| 2021 | $794,756 | — | — | −$606,867 | $187,889 | $— | $4,353 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -25.0% | +487.5% | ~100% | Not available | Partial |
| 2025 | +840.0% ! | +20.0% | 12.8% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0300% | Verified |
| 2023 | -78.7% ! | -78.7% | ~100% | 1.9500% | Verified |
| 2022 | +11.1% | +11.1% | ~100% | 0.4600% | Verified |
| 2021 | base year | — | ~100% | 0.5500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +122.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.0% | +48.6% | +30.2% | +122.2% | 2025 | -25.0% | 2026 |
| Assessment Ratio | 100.0% | 45.5% | — | 100.0% | 2026 | 12.8% | 2025 |
| Effective Tax Rate (2025) | 0.2600% | 0.2600% | — | 0.2600% | 2025 | 0.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,668 | $4,510 | ~$62,228 | $4,668 | 2025 | $4,353 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,156,342 | ~$2,156,342 | ~2.0085% | ~$43,310 | +22.1% |
| 2027 | ~$2,632,780 | ~$2,632,780 | ~1.9468% | ~$51,255 | +49.1% |
| 2028 | ~$3,214,484 | ~$3,214,484 | ~1.8851% | ~$60,596 | +82.0% |
| 2029 | ~$3,924,715 | ~$3,924,715 | ~1.8234% | ~$71,563 | +122.2% |
| 2030 | ~$4,791,868 | ~$4,791,868 | ~1.7617% | ~$84,418 | +171.3% |
| 2026 | ~$2,121,020 | ~$2,121,020 | ~2.0702% | ~$43,909 | +20.1% |
| 2027 | ~$2,547,232 | ~$2,547,232 | ~2.0702% | ~$52,732 | +44.2% |
| 2028 | ~$3,059,091 | ~$3,059,091 | ~2.0702% | ~$63,329 | +73.2% |
| 2029 | ~$3,673,806 | ~$3,673,806 | ~2.0702% | ~$76,055 | +108.0% |
| 2030 | ~$4,412,046 | ~$4,412,046 | ~2.0702% | ~$91,338 | +149.8% |
| 2026 | ~$2,191,665 | ~$2,191,665 | ~1.9776% | ~$43,343 | +24.1% |
| 2027 | ~$2,719,740 | ~$2,719,740 | ~1.8851% | ~$51,270 | +54.0% |
| 2028 | ~$3,375,053 | ~$3,375,053 | ~1.7925% | ~$60,499 | +91.1% |
| 2029 | ~$4,188,261 | ~$4,188,261 | ~1.7000% | ~$71,200 | +137.1% |
| 2030 | ~$5,197,410 | ~$5,197,410 | ~1.6074% | ~$83,546 | +194.3% |
In 2025, this property's market value of $1,766,123 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 21× 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 | $1,766,123 | $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 | $794,756 | $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.