12636 MERIDIAN PARK BLVD TX 78737
| Owner | BEAR LAKE PUD HOMEOWNERS |
|---|---|
| Parcel ID | 0428550602 |
| Short ID | 783068 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 2,982,727 SF |
| Acres | 68.474 |
| Year Built | — |
| Legal | LOT 262 BLK A MERIDIAN SEC F (GREENBELT) (GREENBELT) |
| Neighborhood | O1452 |
| Land | $2,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,500 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,175 |
| Net Appraised (assessed) | $325 |
| Taxable Value | $325 |
|---|
Appreciation: Market value has risen +1823.1% from $130 (2021) to $2,500 (2025), a CAGR of 109.4% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7. Austin ISD is the largest single contributor, at 45.3% of the total 2025 levy.
Assessment Gap: Assessed value ($325) is $2,175 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 ($2,500 land vs $0 improvements), about $0/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 $2,500, this parcel sits in the bottom quartile (<25th 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 +109.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $100,678 by 2030, with an estimated annual tax burden around $1,897. 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 150% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3.01 | $3.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1.70 | $1.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1.22 | $1.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $0.38 | $0.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $0.34 | $0.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6.65 | $6.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,500 | $2,500 | +0.0% |
| Assessed Value | $325 | $325 | +0.0% |
| Land Value | $2,500 | $2,500 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $325 | $325 | +0.0% |
| HS Cap Loss | -$2,175 | — | |
| Total Tax 2026 = estimate |
~$7
Estimated
|
~$7
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,500 | $2,500 | +0 (+0.0%) |
| Taxable Value | $325 | $325 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,500 | $2,500 | — | −$2,175 | $325 | $325 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,500 | $2,500 | — | −$2,175 | $325 | $325 | ~$7 | Partial |
| 2024 | $— | — | — | — | $325 | $— | $6 | Verified |
| 2023 | $— | — | — | — | $325 | $— | $6 | Verified |
| 2022 | $— | — | — | — | $325 | $— | $6 | Verified |
| 2021 | $130 | — | — | — | $130 | $— | $3 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +669.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | 13.0% | 0.2600% | Verified |
| 2023 | +0.0% | +0.0% | 13.0% | 0.2400% | Verified |
| 2022 | +150.0% ! | -67.5% | 13.0% | 0.2600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +150.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +911.5% | +109.4% | +1823.1% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 13.0% | 42.0% | — | 100.0% | 2021 | 13.0% | 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 |
$7 | $5 | ~$717 | $7 | 2025 | $3 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,235 | ~$5,235 | ~2.0139% | ~$105 | +109.4% |
| 2027 | ~$10,963 | ~$10,963 | ~1.9814% | ~$217 | +338.5% |
| 2028 | ~$22,958 | ~$22,958 | ~1.9488% | ~$447 | +818.3% |
| 2029 | ~$48,077 | ~$48,077 | ~1.9163% | ~$921 | +1823.1% |
| 2030 | ~$100,678 | ~$100,678 | ~1.8837% | ~$1,897 | +3927.1% |
| 2026 | ~$5,185 | ~$5,185 | ~2.0465% | ~$106 | +107.4% |
| 2027 | ~$10,755 | ~$10,755 | ~2.0465% | ~$220 | +330.2% |
| 2028 | ~$22,307 | ~$22,307 | ~2.0465% | ~$457 | +792.3% |
| 2029 | ~$46,266 | ~$46,266 | ~2.0465% | ~$947 | +1750.6% |
| 2030 | ~$95,962 | ~$95,962 | ~2.0465% | ~$1,964 | +3738.5% |
| 2026 | ~$5,285 | ~$5,285 | ~1.9977% | ~$106 | +111.4% |
| 2027 | ~$11,174 | ~$11,174 | ~1.9488% | ~$218 | +347.0% |
| 2028 | ~$23,622 | ~$23,622 | ~1.9000% | ~$449 | +844.9% |
| 2029 | ~$49,940 | ~$49,940 | ~1.8512% | ~$924 | +1897.6% |
| 2030 | ~$105,579 | ~$105,579 | ~1.8024% | ~$1,903 | +4123.2% |
In 2025, this property's market value of $2,500 places it in the bottom 25% for Land/Vacant properties in Travis County (35611 comparable) — -97% below 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 | $2,500 | $24,862 | $85,028 | $363,420 | ↓ Bottom 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 | $130 | $6,000 | $14,480 | $80,000 | ↓ Bottom 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.