7505 LENAPE TRL TX 78736
| Owner | BACKHOLM STEPHEN & PAIGE BACKHOLM |
|---|---|
| Parcel ID | 0402580318 |
| Short ID | 304986 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 30,970 SF |
| Acres | 0.711 |
| Year Built | — |
| Legal | LOT 22 BLK 1 OVERLOOK ESTATES PHS 1 THE |
| Neighborhood | P0750 |
| Land | $333,134 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $333,134 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $333,134 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $333,134 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $333,134 |
| Taxable Value | $333,134 |
|---|
Appreciation: Market value has risen +93.1% from $172,500 (2021) to $333,134 (2025), a CAGR of 17.9% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.5815% in 2025 (+0.0243% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,268. Austin ISD is the largest single contributor, at 58.5% 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 100% of market value ($333,134 land vs $0 improvements), about $11/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 $333,134, this parcel sits in the upper-middle (50th–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 +17.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $758,414 by 2030, with an estimated annual tax burden around $10,864. 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.
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,082.16 | $3,082.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,252.07 | $1,252.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $393.17 | $393.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $344.46 | $344.46 | Paid |
| E03 Travis County ESD # 03 | 0.0650% | 0.0450% | 0.0400% | 0.0530% | 0.0590% | +0.0060% | $196.55 | $196.55 | Paid |
| Combined Rate | 1.7007% | 1.5572% | 1.4034% | 1.5572% | 1.5815% | +0.0243% | $5,268.41 | $5,268.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $416,418 | $333,134 | +25.0% |
| Assessed Value | $399,761 | $333,134 | +20.0% |
| Land Value | $416,418 | $333,134 | +25.0% |
| Improvement Value | — | — | — |
| Taxable Value | $399,761 | $333,134 | +20.0% |
| HS Cap Loss | -$16,657 | — | |
| Total Tax 2026 = estimate |
~$6,322
Estimated
|
~$5,268
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $416,418 | $416,418 | +0 (+0.0%) |
| Taxable Value | $399,761 | $399,761 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $416,418 | $416,418 | — | −$16,657 | $399,761 | $399,761 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $333,134 | $333,134 | — | — | $333,134 | $333,134 | ~$5,268 | Partial |
| 2024 | $172,500 | — | — | — | $200,000 ! | $— | $3,114 | Verified |
| 2023 | $190,921 | — | — | −$18,421 | $172,500 | $— | $2,421 | Verified |
| 2022 | $— | — | — | — | $172,500 | $— | $2,973 | Verified |
| 2021 | $172,500 | — | — | — | $172,500 | $— | $2,934 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.0% | +20.0% | 96.0% | Not available | Partial |
| 2025 | +66.6% | +66.6% | ~100% | Not available | Partial |
| 2024 | +15.9% | +15.9% | ~100% | 1.5600% | Verified |
| 2023 | -9.6% | -9.6% | ~100% | 1.4000% | Verified |
| 2022 | +10.7% | +10.7% | ~100% | 1.5600% | Verified |
| 2021 | base year | — | ~100% | 1.7000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +93.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.0% | +29.8% | +13.2% | +93.1% | 2025 | -9.6% | 2024 |
| Assessment Ratio | 96.0% | 100.5% | — | 115.9% | 2024 | 90.4% | 2023 |
| Effective Tax Rate (2025) | 1.5800% | 1.5800% | — | 1.5800% | 2025 | 1.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,268 | $3,434 | ~$8,311 | $5,268 | 2025 | $2,421 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$392,714 | ~$392,714 | ~1.5517% | ~$6,094 | +17.9% |
| 2027 | ~$462,950 | ~$462,950 | ~1.5219% | ~$7,045 | +39.0% |
| 2028 | ~$545,747 | ~$545,747 | ~1.4921% | ~$8,143 | +63.8% |
| 2029 | ~$643,352 | ~$643,352 | ~1.4623% | ~$9,407 | +93.1% |
| 2030 | ~$758,414 | ~$758,414 | ~1.4325% | ~$10,864 | +127.7% |
| 2026 | ~$386,051 | ~$386,051 | ~1.5815% | ~$6,105 | +15.9% |
| 2027 | ~$447,374 | ~$447,374 | ~1.5815% | ~$7,075 | +34.3% |
| 2028 | ~$518,439 | ~$518,439 | ~1.5815% | ~$8,199 | +55.6% |
| 2029 | ~$600,791 | ~$600,791 | ~1.5815% | ~$9,501 | +80.3% |
| 2030 | ~$696,225 | ~$696,225 | ~1.5815% | ~$11,011 | +109.0% |
| 2026 | ~$399,377 | ~$399,377 | ~1.5368% | ~$6,137 | +19.9% |
| 2027 | ~$478,792 | ~$478,792 | ~1.4921% | ~$7,144 | +43.7% |
| 2028 | ~$573,998 | ~$573,998 | ~1.4474% | ~$8,308 | +72.3% |
| 2029 | ~$688,136 | ~$688,136 | ~1.4027% | ~$9,652 | +106.6% |
| 2030 | ~$824,969 | ~$824,969 | ~1.3579% | ~$11,203 | +147.6% |
In 2025, this property's market value of $333,134 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $333,134 | $24,862 | $85,028 | $363,420 | ↑ Above median | +2.1% |
| 2024 | $172,500 | $23,000 | $66,000 | $330,000 | ↑ Above median | +0.0% |
| 2023 | $190,921 | $25,000 | $71,500 | $271,439 | ↑ Above median | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $172,500 | $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.