12959 WRIGHT RD TX 78610
| Owner | ALPHA ANCHOR INVESTMENTS LLC |
|---|---|
| Parcel ID | 0361000401 |
| Short ID | 934855 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 20,000 SF |
| Land SF | 101,371 SF |
| Acres | 2.327 |
| Year Built | 2021 |
| Legal | LOT 7 TOLL 45 BUSINESS PARK |
| Neighborhood | 1SE2 |
| Land | $405,485 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $405,485 |
| Improvement | $2,573,515 |
|---|---|
| Total Improvement | $2,573,515 |
| Market | $2,979,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,979,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,979,000 |
| Taxable Value | $2,979,000 |
|---|
Appreciation: Market value has risen +2838.7% from $101,371 (2021) to $2,979,000 (2025), a CAGR of 132.8% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 7 taxing entities is 2.1962% in 2025 (+0.0266% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $65,424. Del Valle ISD is the largest single contributor, at 43.2% of the total 2025 levy.
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 14% of market value ($405,485 land vs $2,573,515 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,979,000, 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 +132.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $203,829,232 by 2030, with an estimated annual tax burden around $102,061. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 20,000 SF | ✓ |
| 551 | PAVED AREA | 16,000 SF | ✗ |
| 501 | CANOPY | 825 SF | ✗ |
| 881 | COMMCL FINISHOUT | 800 SF | ✓ |
| 407 | LOADING DOCK | 800 SF | ✓ |
Market value changed by 1638% 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% | $28,267.73 | $28,267.73 | Paid |
| VCR City of Creedmoor | 0.2753% | 0.5010% | 0.4500% | 0.4190% | 0.4500% | +0.0310% | $13,405.50 | $13,405.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,196.42 | $11,196.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,515.91 | $3,515.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,080.29 | $3,080.29 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,979.00 | $2,979.00 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,979.00 | $2,979.00 | Paid |
| Combined Rate | 2.2513% | 2.3910% | 2.1567% | 2.1696% | 2.1962% | +0.0266% | $65,423.85 | $65,423.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,908,000 | $2,979,000 | -2.4% |
| Assessed Value | $2,908,000 | $2,979,000 | -2.4% |
| Land Value | $810,971 | $405,485 | +100.0% |
| Improvement Value | $2,097,029 | $2,573,515 | -18.5% |
| Taxable Value | $2,908,000 | $2,979,000 | -2.4% |
| Total Tax 2026 = estimate |
~$63,865
Estimated
|
~$65,424
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,304,493 | $2,908,000 | -396,493 (-12.0%) |
| Taxable Value | $3,304,493 | $2,908,000 | -396,493 (-12.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,908,000 | $810,971 | $2,097,029 | — | $2,908,000 | $2,908,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,979,000 | $405,485 | $2,573,515 | — | $2,979,000 | $2,979,000 | ~$65,424 | Partial |
| 2024 | $2,856,230 | — | — | −$2,450,745 | $405,485 | $— | $58,580 | Verified |
| 2023 | $1,761,781 | — | — | −$1,356,296 | $405,485 | $— | $61,602 | Verified |
| 2022 | $— | — | — | — | $405,485 | $— | $42,125 | Verified |
| 2021 | $101,371 | — | — | — | $101,371 | $— | $2,282 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.9% | +10.9% | ~100% | Not available | Partial |
| 2025 | +10.3% | +10.3% | ~100% | Not available | Partial |
| 2024 | -15.9% | -15.9% | ~100% | 2.1700% | Verified |
| 2023 | +82.2% ! | +82.2% | ~100% | 1.9200% | Verified |
| 2022 | +1638.0% ! | +1638.0% | ~100% | 2.3900% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2838.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +425.5% | +134.0% | +1638.0% | 2023 | -2.4% | 2026 |
| Assessment Ratio | 100.0% | 67.4% | — | 100.0% | 2021 | 14.2% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$65,424 | $46,972 | ~$86,114 | $65,424 | 2025 | $2,282 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,936,010 | ~$3,276,900 | ~2.1824% | ~$71,515 | +132.8% |
| 2027 | ~$16,149,121 | ~$3,604,590 | ~2.1686% | ~$78,170 | +442.1% |
| 2028 | ~$37,600,021 | ~$3,965,049 | ~2.1548% | ~$85,440 | +1162.2% |
| 2029 | ~$87,544,179 | ~$4,361,554 | ~2.1411% | ~$93,383 | +2838.7% |
| 2030 | ~$203,829,232 | ~$4,797,709 | ~2.1273% | ~$102,061 | +6742.2% |
| 2026 | ~$6,876,430 | ~$3,276,900 | ~2.1962% | ~$71,966 | +130.8% |
| 2027 | ~$15,872,872 | ~$3,604,590 | ~2.1962% | ~$79,163 | +432.8% |
| 2028 | ~$36,639,373 | ~$3,965,049 | ~2.1962% | ~$87,079 | +1129.9% |
| 2029 | ~$84,574,714 | ~$4,361,554 | ~2.1962% | ~$95,787 | +2739.0% |
| 2030 | ~$195,223,928 | ~$4,797,709 | ~2.1962% | ~$105,366 | +6453.3% |
| 2026 | ~$6,995,590 | ~$3,276,900 | ~2.1755% | ~$71,289 | +134.8% |
| 2027 | ~$16,427,753 | ~$3,604,590 | ~2.1548% | ~$77,673 | +451.5% |
| 2028 | ~$38,577,315 | ~$3,965,049 | ~2.1342% | ~$84,621 | +1195.0% |
| 2029 | ~$90,591,161 | ~$4,361,554 | ~2.1135% | ~$92,182 | +2941.0% |
| 2030 | ~$212,735,348 | ~$4,797,709 | ~2.0928% | ~$100,408 | +7041.2% |
In 2025, this property's market value of $2,979,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 35× 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 | $2,979,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,856,230 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,761,781 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $101,371 | $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.