12723 LAWS RD TX 78610
| Owner | J & S LEASING LLC |
|---|---|
| Parcel ID | 0373200101 |
| Short ID | 896075 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 182,821 SF |
| Acres | 4.197 |
| Year Built | — |
| Legal | LOT 1 183 SOUTH INDUSTRIAL PARK III REPLAT LTS 1-5,7&8 AMD LTS 1&2 |
| Neighborhood | 1SE2 |
| Land | $914,107 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $914,107 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $914,107 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $914,107 |
| Value Limitation Adjustment (−) (homestead cap) | −$793,233 |
| Net Appraised (assessed) | $120,874 |
| Taxable Value | $120,874 |
|---|
Appreciation: Market value has risen +989.0% from $83,940 (2021) to $914,107 (2025), a CAGR of 81.7% 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 7 taxing entities is 2.0169% in 2025 (+0.0275% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,438. Del Valle ISD is the largest single contributor, at 47.0% of the total 2025 levy.
Assessment Gap: Assessed value ($120,874) is $793,233 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 ($914,107 land vs $0 improvements), about $5/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 $914,107, 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 +81.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,083,485 by 2030, with an estimated annual tax burden around $286,243. 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 989% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $1,146.97 | $1,146.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $454.30 | $454.30 | Paid |
| CMR City of Mustang Ridge | 0.3882% | 0.3112% | 0.2652% | 0.2388% | 0.2708% | +0.0320% | $327.30 | $327.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $142.66 | $142.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $124.98 | $124.98 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $120.87 | $120.87 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $120.87 | $120.87 | Paid |
| Combined Rate | 2.3642% | 2.2012% | 1.9719% | 1.9894% | 2.0169% | +0.0275% | $2,437.95 | $2,437.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $914,107 | $914,107 | +0.0% |
| Assessed Value | $145,049 | $120,874 | +20.0% |
| Land Value | $914,107 | $914,107 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $145,049 | $120,874 | +20.0% |
| HS Cap Loss | -$769,058 | — | |
| Total Tax 2026 = estimate |
~$2,926
Estimated
|
~$2,438
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $914,107 | $914,107 | +0 (+0.0%) |
| Taxable Value | $145,049 | $145,049 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $914,107 | $914,107 | — | −$769,058 | $145,049 | $145,049 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $914,107 | $914,107 | — | −$793,233 | $120,874 | $120,874 | ~$2,438 | Partial |
| 2024 | $— | — | — | — | $914,107 | $— | $2,004 | Verified |
| 2023 | $— | — | — | — | $83,940 | $— | $1,655 | Verified |
| 2022 | $— | — | — | — | $83,940 | $— | $1,848 | Verified |
| 2021 | $83,940 | — | — | — | $83,940 | $— | $1,984 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 15.9% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 13.2% | Not available | Partial |
| 2024 | +989.0% ! | +20.0% | 11.0% | 0.2200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2000% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +989.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +494.5% | +81.7% | +989.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 15.9% | 43.0% | — | 100.0% | 2021 | 13.2% | 2025 |
| Effective Tax Rate (2025) | 0.2700% | 0.2700% | — | 0.2700% | 2025 | 0.2700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,438 | $2,211 | ~$127,273 | $2,438 | 2025 | $1,984 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,660,558 | ~$1,660,558 | ~1.9301% | ~$32,051 | +81.7% |
| 2027 | ~$3,016,554 | ~$3,016,554 | ~1.8433% | ~$55,605 | +230.0% |
| 2028 | ~$5,479,843 | ~$5,479,843 | ~1.7565% | ~$96,254 | +499.5% |
| 2029 | ~$9,954,630 | ~$9,954,630 | ~1.6697% | ~$166,213 | +989.0% |
| 2030 | ~$18,083,485 | ~$18,083,485 | ~1.5829% | ~$286,243 | +1878.3% |
| 2026 | ~$1,642,276 | ~$1,642,276 | ~2.0169% | ~$33,124 | +79.7% |
| 2027 | ~$2,950,497 | ~$2,950,497 | ~2.0169% | ~$59,510 | +222.8% |
| 2028 | ~$5,300,835 | ~$5,300,835 | ~2.0169% | ~$106,915 | +479.9% |
| 2029 | ~$9,523,429 | ~$9,523,429 | ~2.0169% | ~$192,082 | +941.8% |
| 2030 | ~$17,109,701 | ~$17,109,701 | ~2.0169% | ~$345,093 | +1771.7% |
| 2026 | ~$1,678,840 | ~$1,678,840 | ~1.8867% | ~$31,675 | +83.7% |
| 2027 | ~$3,083,342 | ~$3,083,342 | ~1.7565% | ~$54,159 | +237.3% |
| 2028 | ~$5,662,836 | ~$5,662,836 | ~1.6263% | ~$92,095 | +519.5% |
| 2029 | ~$10,400,310 | ~$10,400,310 | ~1.4961% | ~$155,598 | +1037.8% |
| 2030 | ~$19,101,110 | ~$19,101,110 | ~1.3659% | ~$260,897 | +1989.6% |
In 2025, this property's market value of $914,107 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 11× 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 | $914,107 | $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 | $83,940 | $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.