BUCK LN TX 78617
| Owner | LESEMAN CHARLES JOSEPH |
|---|---|
| Parcel ID | 0323700201 |
| Short ID | 296040 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,216 SF |
| Land SF | 1,223,600 SF |
| Acres | 28.090 |
| Year Built | 1997 |
| Legal | ABS 18 NAVARRO J A ACR 27.090 (1-D-1) |
| Neighborhood | _RGN410 |
| Land | $1,169,912 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,169,912 |
| Improvement | $21,327 |
|---|---|
| Total Improvement | $21,327 |
| Market | $1,191,239 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,191,239 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,140,786 |
| Net Appraised (assessed) | $50,453 |
| Exemptions (−) (HS) | −$9,104 |
|---|---|
| Taxable Value | $41,349 |
Appreciation: Market value has risen +4114.5% from $28,265 (2021) to $1,191,239 (2025), a CAGR of 154.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Agricultural parcel countywide rose +479.4%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $722. Travis County is the largest single contributor, at 39.0% of the total 2025 levy.
Assessment Gap: Assessed value ($50,453) is $1,140,786 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 98% of market value ($1,169,912 land vs $21,327 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 $1,191,239, this parcel sits in the upper-middle (50th–75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +153.2% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $124,069,075 by 2030, with an estimated annual tax burden around $1,185. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,216 SF | ✓ |
| 121 | WATER/SEWER INF | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 296040 | LESEMAN CHARLES JOSEPH | 3505 BUCK LN 78617 | $216,221 | $50,073 | $40,058 |
| 573255 | LESEMAN CHARLES JOSEPH | 27.090 | $1,083,600 | $5,240 | $5,240 |
Market value changed by 214% 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $155.41 | $155.41 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $50.45 | $50.45 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $50.45 | $50.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48.80 | $48.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $47.00 | $47.00 | Paid |
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $46.80 | $46.80 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $398.91 | $398.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,299,821 | $1,191,239 | +9.1% |
| Assessed Value | $55,313 | $50,453 | +9.6% |
| Land Value | $1,283,600 | $1,169,912 | +9.7% |
| Improvement Value | $16,221 | $21,327 | -23.9% |
| Taxable Value | $45,298 | $41,349 | +9.6% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$1,244,508 | — | |
| Total Tax 2026 = estimate |
~$791
Estimated
|
~$399
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,299,821 | $1,299,821 | +0 (+0.0%) |
| Taxable Value | $45,298 | $45,298 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,299,821 | $1,283,600 | $16,221 | −$1,244,508 | $55,313 | $45,298 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,191,239 | $1,169,912 | $21,327 | −$1,140,786 | $50,453 | $41,349 | ~$399 | Partial |
| 2024 | $141,253 | — | — | −$16,378 | $124,875 | $— | $342 | Verified |
| 2023 | $141,253 | — | — | −$16,440 | $124,813 | $— | $298 | Verified |
| 2022 | $73,350 | — | — | — | $124,813 ! | $— | $278 | Verified |
| 2021 | $28,265 | — | — | — | $40,000 ! | $— | $354 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +6.2% | 0.5% | Not available | Partial |
| 2025 | +0.0% | +18.5% | 0.5% | Not available | Partial |
| 2024 | +22.7% | +3.5% | 0.4% | 0.0300% | Verified |
| 2023 | +0.0% | +7.9% | 0.5% | 0.0300% | Verified |
| 2022 | +214.4% ! | -1.2% | 0.4% | 0.0300% | Verified |
| 2021 | base year | — | 1.4% | 1.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +285.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.1% | +200.9% | +149.0% | +743.3% | 2025 | +0.0% | 2024 |
| Assessment Ratio | 4.3% | 82.8% | — | 170.2% | 2022 | 4.2% | 2025 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$399 | $334 | ~$1,059 | $399 | 2025 | $278 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,016,698 | ~$55,498 | ~1.6887% | ~$937 | +153.2% |
| 2027 | ~$7,639,497 | ~$61,048 | ~1.6313% | ~$996 | +541.3% |
| 2028 | ~$19,346,290 | ~$67,153 | ~1.5738% | ~$1,057 | +1524.0% |
| 2029 | ~$48,992,615 | ~$73,868 | ~1.5164% | ~$1,120 | +4012.7% |
| 2030 | ~$124,069,075 | ~$81,255 | ~1.4589% | ~$1,185 | +10315.1% |
| 2026 | ~$2,992,873 | ~$55,498 | ~1.7462% | ~$969 | +151.2% |
| 2027 | ~$7,519,305 | ~$61,048 | ~1.7462% | ~$1,066 | +531.2% |
| 2028 | ~$18,891,530 | ~$67,153 | ~1.7462% | ~$1,173 | +1485.9% |
| 2029 | ~$47,463,150 | ~$73,868 | ~1.7462% | ~$1,290 | +3884.4% |
| 2030 | ~$119,246,590 | ~$81,255 | ~1.7462% | ~$1,419 | +9910.3% |
| 2026 | ~$3,040,523 | ~$55,498 | ~1.6600% | ~$921 | +155.2% |
| 2027 | ~$7,760,641 | ~$61,048 | ~1.5738% | ~$961 | +551.5% |
| 2028 | ~$19,808,289 | ~$67,153 | ~1.4876% | ~$999 | +1562.8% |
| 2029 | ~$50,558,749 | ~$73,868 | ~1.4015% | ~$1,035 | +4144.2% |
| 2030 | ~$129,046,335 | ~$81,255 | ~1.3153% | ~$1,069 | +10733.0% |
In 2025, this property's market value of $1,191,239 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +99% above the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $1,191,239 | $207,536 | $597,708 | $1,442,275 | ↑ Above median | +0.0% |
| 2024 | $141,253 | $217,016 | $597,296 | $1,446,593 | ↓ Bottom 25% | +23.7% |
| 2023 | $141,253 | $167,963 | $453,916 | $1,078,522 | ↓ Bottom 25% | +0.0% |
| 2022 | $73,350 | $180,794 | $446,888 | $1,009,883 | ↓ Bottom 25% | +46.1% |
| 2021 | $28,265 | $33,611 | $103,166 | $247,000 | ↓ Bottom 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.