12935 WRIGHT RD TX 78610
| Owner | BURTON TRENT LLC |
|---|---|
| Parcel ID | 0361000405 |
| Short ID | 934859 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 15,000 SF |
| Land SF | 64,202 SF |
| Acres | 1.474 |
| Year Built | 2020 |
| Legal | LOT 3 TOLL 45 BUSINESS PARK |
| Neighborhood | 1SE2 |
| Land | $256,810 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $256,810 |
| Improvement | $1,974,152 |
|---|---|
| Total Improvement | $1,974,152 |
| Market | $2,230,962 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,230,962 |
| Value Limitation Adjustment (−) (homestead cap) | −$177,220 |
| Net Appraised (assessed) | $2,053,742 |
| Taxable Value | $2,053,742 |
|---|
Appreciation: Market value has risen +270.8% from $601,609 (2022) to $2,230,962 (2025), a CAGR of 54.8% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 +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 $45,104. Del Valle ISD is the largest single contributor, at 43.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,053,742) is $177,220 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 12% of market value ($256,810 land vs $1,974,152 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 $2,230,962, 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 +54.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,820,834 by 2030, with an estimated annual tax burden around $70,361. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 17,900 SF | ✗ |
| 1ST | 1st Floor | 15,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,500 SF | ✓ |
| 501 | CANOPY | 800 SF | ✗ |
| 407 | LOADING DOCK | 800 SF | ✓ |
Market value changed by 124% 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% | $19,487.96 | $19,487.96 | Paid |
| VCR City of Creedmoor | 0.2753% | 0.5010% | 0.4500% | 0.4190% | 0.4500% | +0.0310% | $9,241.84 | $9,241.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,718.89 | $7,718.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,423.89 | $2,423.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,123.57 | $2,123.57 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,053.74 | $2,053.74 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,053.74 | $2,053.74 | Paid |
| Combined Rate | 2.2513% | 2.3910% | 2.1567% | 2.1696% | 2.1962% | +0.0266% | $45,103.63 | $45,103.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,081,868 | $2,230,962 | +83.0% |
| Assessed Value | $2,464,490 | $2,053,742 | +20.0% |
| Land Value | $513,620 | $256,810 | +100.0% |
| Improvement Value | $3,568,248 | $1,974,152 | +80.7% |
| Taxable Value | $2,464,490 | $2,053,742 | +20.0% |
| HS Cap Loss | -$1,617,378 | — | |
| Total Tax 2026 = estimate |
~$54,124
Estimated
|
~$45,104
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,081,868 | $4,081,868 | +0 (+0.0%) |
| Taxable Value | $2,464,490 | $2,464,490 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,081,868 | $513,620 | $3,568,248 | −$1,617,378 | $2,464,490 | $2,464,490 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,230,962 | $256,810 | $1,974,152 | −$177,220 | $2,053,742 | $2,053,742 | ~$45,104 | Partial |
| 2024 | $2,200,000 | — | — | −$1,943,190 | $256,810 | $— | $37,714 | Verified |
| 2023 | $1,347,509 | — | — | −$1,090,699 | $256,810 | $— | $47,448 | Verified |
| 2022 | $601,609 | — | — | −$344,799 | $256,810 | $— | $32,219 | Verified |
| 2021 | $— | — | — | — | — | $— | $13,544 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +83.0% ! | +20.0% | 60.4% | Not available | Partial |
| 2025 | -2.7% | -10.4% | 92.1% | Not available | Partial |
| 2024 | +4.2% | +4.2% | ~100% | 1.6400% | Verified |
| 2023 | +63.3% | +63.3% | ~100% | 2.1600% | Verified |
| 2022 | +124.0% ! | +124.0% | ~100% | 2.3900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +270.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +83.0% | +67.9% | +40.7% | +124.0% | 2023 | +1.4% | 2025 |
| Assessment Ratio | 60.4% | 45.2% | — | 92.1% | 2025 | 11.7% | 2024 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$45,104 | $40,621 | ~$59,367 | $47,448 | 2023 | $32,219 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,453,171 | ~$2,259,116 | ~2.1824% | ~$49,303 | +54.8% |
| 2027 | ~$5,344,955 | ~$2,485,028 | ~2.1686% | ~$53,891 | +139.6% |
| 2028 | ~$8,273,133 | ~$2,733,531 | ~2.1548% | ~$58,903 | +270.8% |
| 2029 | ~$12,805,483 | ~$3,006,884 | ~2.1411% | ~$64,379 | +474.0% |
| 2030 | ~$19,820,834 | ~$3,307,572 | ~2.1273% | ~$70,361 | +788.4% |
| 2026 | ~$3,408,552 | ~$2,259,116 | ~2.1962% | ~$49,614 | +52.8% |
| 2027 | ~$5,207,721 | ~$2,485,028 | ~2.1962% | ~$54,575 | +133.4% |
| 2028 | ~$7,956,562 | ~$2,733,531 | ~2.1962% | ~$60,033 | +256.6% |
| 2029 | ~$12,156,350 | ~$3,006,884 | ~2.1962% | ~$66,036 | +444.9% |
| 2030 | ~$18,572,953 | ~$3,307,572 | ~2.1962% | ~$72,640 | +732.5% |
| 2026 | ~$3,497,791 | ~$2,259,116 | ~2.1755% | ~$49,147 | +56.8% |
| 2027 | ~$5,483,974 | ~$2,485,028 | ~2.1548% | ~$53,548 | +145.8% |
| 2028 | ~$8,597,992 | ~$2,733,531 | ~2.1342% | ~$58,338 | +285.4% |
| 2029 | ~$13,480,273 | ~$3,006,884 | ~2.1135% | ~$63,551 | +504.2% |
| 2030 | ~$21,134,905 | ~$3,307,572 | ~2.0928% | ~$69,222 | +847.3% |
In 2025, this property's market value of $2,230,962 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 26× 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 | $2,230,962 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,200,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,347,509 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $601,609 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +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.