4407 RUSSELL DR TX 78745
| Owner | BONIUK INTERESTS LTD |
|---|---|
| Parcel ID | 0408120708 |
| Short ID | 509326 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 11,296 SF |
| Acres | 0.259 |
| Year Built | — |
| Legal | LOT 4 BLK G FORD PLACE 1 |
| Neighborhood | 20SOU |
| Land | $271,111 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $271,111 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $271,111 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $271,111 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $271,111 |
| Taxable Value | $271,111 |
|---|
Appreciation: Market value has risen +20.0% from $225,920 (2021) to $271,111 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,548. Austin ISD is the largest single contributor, at 45.2% 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 100% of market value ($271,111 land vs $0 improvements), about $24/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 $271,111, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $340,516 by 2030, with an estimated annual tax burden around $6,414. 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% | $2,508.32 | $2,508.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,420.67 | $1,420.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,018.96 | $1,018.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $319.97 | $319.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $280.33 | $280.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,548.25 | $5,548.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $271,111 | $271,111 | +0.0% |
| Assessed Value | $271,111 | $271,111 | +0.0% |
| Land Value | $271,111 | $271,111 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $271,111 | $271,111 | +0.0% |
| Total Tax 2026 = estimate |
~$5,548
Estimated
|
~$5,548
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $271,111 | $271,111 | +0 (+0.0%) |
| Taxable Value | $271,111 | $271,111 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $271,111 | $271,111 | — | — | $271,111 | $271,111 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $271,111 | $271,111 | — | — | $271,111 | $271,111 | ~$5,548 | Partial |
| 2024 | $— | — | — | — | $271,111 | $— | $5,373 | Verified |
| 2023 | $— | — | — | — | $338,889 | $— | $4,975 | Verified |
| 2022 | $— | — | — | — | $225,920 | $— | $4,462 | Verified |
| 2021 | $225,920 | — | — | — | $225,920 | $— | $4,918 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -20.0% | -17.8% | ~100% | Not available | Partial |
| 2024 | +0.0% | -2.6% | 97.4% | 1.5900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.4700% | Verified |
| 2022 | +50.0% | +50.0% | ~100% | 1.3200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +10.0% | +4.7% | +20.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,548 | $5,233 | ~$6,061 | $5,548 | 2025 | $4,918 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$283,756 | ~$283,756 | ~2.0139% | ~$5,715 | +4.7% |
| 2027 | ~$296,991 | ~$296,991 | ~1.9814% | ~$5,885 | +9.5% |
| 2028 | ~$310,843 | ~$310,843 | ~1.9488% | ~$6,058 | +14.7% |
| 2029 | ~$325,342 | ~$325,342 | ~1.9163% | ~$6,234 | +20.0% |
| 2030 | ~$340,516 | ~$340,516 | ~1.8837% | ~$6,414 | +25.6% |
| 2026 | ~$278,334 | ~$278,334 | ~2.0465% | ~$5,696 | +2.7% |
| 2027 | ~$285,749 | ~$285,749 | ~2.0465% | ~$5,848 | +5.4% |
| 2028 | ~$293,362 | ~$293,362 | ~2.0465% | ~$6,004 | +8.2% |
| 2029 | ~$301,178 | ~$301,178 | ~2.0465% | ~$6,164 | +11.1% |
| 2030 | ~$309,202 | ~$309,202 | ~2.0465% | ~$6,328 | +14.0% |
| 2026 | ~$289,178 | ~$289,178 | ~1.9977% | ~$5,777 | +6.7% |
| 2027 | ~$308,450 | ~$308,450 | ~1.9488% | ~$6,011 | +13.8% |
| 2028 | ~$329,005 | ~$329,005 | ~1.9000% | ~$6,251 | +21.4% |
| 2029 | ~$350,931 | ~$350,931 | ~1.8512% | ~$6,496 | +29.4% |
| 2030 | ~$374,318 | ~$374,318 | ~1.8024% | ~$6,747 | +38.1% |
In 2025, this property's market value of $271,111 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 3× 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 | $271,111 | $24,862 | $85,028 | $363,420 | ↑ Above median | +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 | $225,920 | $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.