E ST ELMO RD TX 78744
| Owner | EAST CANNON PARTNERS INC |
|---|---|
| Parcel ID | 0316030202 |
| Short ID | 888305 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 178,108 SF |
| Acres | 4.089 |
| Year Built | — |
| Legal | LOT 3 SOUTHPARK INDUSTRIAL (1-D-1) |
| Neighborhood | 1SE2 |
| Land | $1,424,865 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,424,865 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,424,865 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,424,865 |
| Value Limitation Adjustment (−) (homestead cap) | −$398,961 |
| Net Appraised (assessed) | $1,025,904 |
| Taxable Value | $1,025,904 |
|---|
Appreciation: Market value has risen +976.9% from $132,312 (2021) to $1,424,865 (2025), a CAGR of 81.2% 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 outpaced 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 $20,995. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,025,904) is $398,961 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 ($1,424,865 land vs $0 improvements), about $8/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 $1,424,865, 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 +81.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,796,609 by 2030, with an estimated annual tax burden around $523,617. 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 100% in 2024, 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% | $9,491.66 | $9,491.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,375.91 | $5,375.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,855.81 | $3,855.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,210.80 | $1,210.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,060.78 | $1,060.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,994.96 | $20,994.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,424,865 | $1,424,865 | +0.0% |
| Assessed Value | $1,231,085 | $1,025,904 | +20.0% |
| Land Value | $1,424,865 | $1,424,865 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,231,085 | $1,025,904 | +20.0% |
| HS Cap Loss | -$193,780 | — | |
| Total Tax 2026 = estimate |
~$25,194
Estimated
|
~$20,995
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,424,865 | $1,424,865 | +0 (+0.0%) |
| Taxable Value | $1,231,085 | $1,231,085 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,424,865 | $1,424,865 | — | −$193,780 | $1,231,085 | $1,231,085 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,424,865 | $1,424,865 | — | −$398,961 | $1,025,904 | $1,025,904 | ~$20,995 | Partial |
| 2024 | $— | — | — | — | $727,964 | $— | $16,943 | Verified |
| 2023 | $— | — | — | — | $363,983 | $— | $12,890 | Verified |
| 2022 | $— | — | — | — | $363,983 | $— | $14,070 | Verified |
| 2021 | $132,312 | — | — | — | $363,953 ! | $— | $15,507 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 86.4% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 72.0% | Not available | Partial |
| 2024 | +100.0% ! | +20.0% | 60.0% | 1.1900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 11.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +100.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +488.4% | +81.2% | +976.9% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 86.4% | 144.5% | — | 275.1% | 2021 | 72.0% | 2025 |
| Effective Tax Rate (2025) | 1.4700% | 1.4700% | — | 1.4700% | 2025 | 1.4700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,995 | $18,251 | ~$225,473 | $20,995 | 2025 | $15,507 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,581,174 | ~$2,581,174 | ~2.0139% | ~$51,983 | +81.2% |
| 2027 | ~$4,675,854 | ~$4,675,854 | ~1.9814% | ~$92,647 | +228.2% |
| 2028 | ~$8,470,413 | ~$8,470,413 | ~1.9488% | ~$165,075 | +494.5% |
| 2029 | ~$15,344,340 | ~$15,344,340 | ~1.9163% | ~$294,042 | +976.9% |
| 2030 | ~$27,796,609 | ~$27,796,609 | ~1.8837% | ~$523,617 | +1850.8% |
| 2026 | ~$2,552,677 | ~$2,552,677 | ~2.0465% | ~$52,240 | +79.2% |
| 2027 | ~$4,573,177 | ~$4,573,177 | ~2.0465% | ~$93,589 | +221.0% |
| 2028 | ~$8,192,948 | ~$8,192,948 | ~2.0465% | ~$167,667 | +475.0% |
| 2029 | ~$14,677,846 | ~$14,677,846 | ~2.0465% | ~$300,380 | +930.1% |
| 2030 | ~$26,295,685 | ~$26,295,685 | ~2.0465% | ~$538,137 | +1745.5% |
| 2026 | ~$2,609,672 | ~$2,609,672 | ~1.9977% | ~$52,132 | +83.2% |
| 2027 | ~$4,779,671 | ~$4,779,671 | ~1.9488% | ~$93,148 | +235.4% |
| 2028 | ~$8,754,073 | ~$8,754,073 | ~1.9000% | ~$166,329 | +514.4% |
| 2029 | ~$16,033,278 | ~$16,033,278 | ~1.8512% | ~$296,807 | +1025.2% |
| 2030 | ~$29,365,301 | ~$29,365,301 | ~1.8024% | ~$529,272 | +1960.9% |
In 2025, this property's market value of $1,424,865 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 17× 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 | $1,424,865 | $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 | $132,312 | $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.