12951 WRIGHT RD TX 78610
| Owner | SLOAN HOUSER HOLDINGS LLC & |
|---|---|
| Parcel ID | 0361000403 |
| Short ID | 934857 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 15,000 SF |
| Land SF | 76,488 SF |
| Acres | 1.756 |
| Year Built | 2020 |
| Legal | LOT 5 TOLL 45 BUSINESS PARK |
| Neighborhood | 1SE2 |
| Land | $305,952 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $305,952 |
| Improvement | $2,053,701 |
|---|---|
| Total Improvement | $2,053,701 |
| Market | $2,359,653 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,359,653 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,359,653 |
| Taxable Value | $2,359,653 |
|---|
Appreciation: Market value has risen +2058.3% from $109,330 (2022) to $2,359,653 (2025), a CAGR of 178.4% over 3 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 +54.6%, 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 $51,822. 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 13% of market value ($305,952 land vs $2,053,701 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,359,653, 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 +178.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $394,786,960 by 2030, with an estimated annual tax burden around $80,842. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 23,900 SF | ✗ |
| 1ST | 1st Floor | 15,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,500 SF | ✓ |
| 328 | MEZZ COMM (STG) | 3,500 SF | ✓ |
| 501 | CANOPY | 650 SF | ✗ |
| 407 | LOADING DOCK | 540 SF | ✓ |
Market value changed by 1199% 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% | $22,390.75 | $22,390.75 | Paid |
| VCR City of Creedmoor | 0.2753% | 0.5010% | 0.4500% | 0.4190% | 0.4500% | +0.0310% | $10,618.44 | $10,618.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,868.64 | $8,868.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,784.93 | $2,784.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,439.88 | $2,439.88 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,359.65 | $2,359.65 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,359.65 | $2,359.65 | Paid |
| Combined Rate | 2.2513% | 2.3910% | 2.1567% | 2.1696% | 2.1962% | +0.0266% | $51,821.94 | $51,821.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,555,503 | $2,359,653 | +50.7% |
| Assessed Value | $2,831,584 | $2,359,653 | +20.0% |
| Land Value | $611,903 | $305,952 | +100.0% |
| Improvement Value | $2,943,600 | $2,053,701 | +43.3% |
| Taxable Value | $2,831,584 | $2,359,653 | +20.0% |
| HS Cap Loss | -$723,919 | — | |
| Total Tax 2026 = estimate |
~$62,186
Estimated
|
~$51,822
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,495,261 | $3,555,503 | -939,758 (-20.9%) |
| Taxable Value | $2,831,584 | $2,831,584 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,555,503 | $611,903 | $2,943,600 | −$723,919 | $2,831,584 | $2,831,584 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,359,653 | $305,952 | $2,053,701 | — | $2,359,653 | $2,359,653 | ~$51,822 | Partial |
| 2024 | $2,316,387 | — | — | −$2,010,435 | $305,952 | $— | $51,195 | Verified |
| 2023 | $1,420,050 | — | — | −$1,114,098 | $305,952 | $— | $49,959 | Verified |
| 2022 | $109,330 | — | — | — | $305,952 ! | $— | $33,954 | Verified |
| 2021 | $— | — | — | — | — | $— | $2,461 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +90.5% ! | +20.0% | 63.0% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +1.9% | +1.9% | ~100% | 2.1700% | Verified |
| 2023 | +63.1% | +63.1% | ~100% | 2.1600% | Verified |
| 2022 | +1198.9% ! | +1198.9% | ~100% | 2.3900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2058.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +50.7% | +328.7% | +159.7% | +1198.9% | 2023 | +1.9% | 2025 |
| Assessment Ratio | 79.6% | 98.8% | — | 279.8% | 2022 | 13.2% | 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 |
$51,822 | $46,732 | ~$68,211 | $51,822 | 2025 | $33,954 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,569,784 | ~$2,595,618 | ~2.1824% | ~$56,647 | +178.4% |
| 2027 | ~$18,291,697 | ~$2,855,180 | ~2.1686% | ~$61,918 | +675.2% |
| 2028 | ~$50,928,037 | ~$3,140,698 | ~2.1548% | ~$67,677 | +2058.3% |
| 2029 | ~$141,794,657 | ~$3,454,768 | ~2.1411% | ~$73,969 | +5909.1% |
| 2030 | ~$394,786,960 | ~$3,800,245 | ~2.1273% | ~$80,842 | +16630.7% |
| 2026 | ~$6,522,591 | ~$2,595,618 | ~2.1962% | ~$57,004 | +176.4% |
| 2027 | ~$18,029,850 | ~$2,855,180 | ~2.1962% | ~$62,705 | +664.1% |
| 2028 | ~$49,838,400 | ~$3,140,698 | ~2.1962% | ~$68,975 | +2012.1% |
| 2029 | ~$137,764,105 | ~$3,454,768 | ~2.1962% | ~$75,873 | +5738.3% |
| 2030 | ~$380,809,748 | ~$3,800,245 | ~2.1962% | ~$83,460 | +16038.4% |
| 2026 | ~$6,616,977 | ~$2,595,618 | ~2.1755% | ~$56,468 | +180.4% |
| 2027 | ~$18,555,432 | ~$2,855,180 | ~2.1548% | ~$61,524 | +686.4% |
| 2028 | ~$52,033,441 | ~$3,140,698 | ~2.1342% | ~$67,028 | +2105.1% |
| 2029 | ~$145,913,011 | ~$3,454,768 | ~2.1135% | ~$73,017 | +6083.7% |
| 2030 | ~$409,171,606 | ~$3,800,245 | ~2.0928% | ~$79,533 | +17240.3% |
In 2025, this property's market value of $2,359,653 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 28× 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 | $2,359,653 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,316,387 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,420,050 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $109,330 | $15,000 | $55,000 | $180,463 | ↑ Above median | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | 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.