FRATE BARKER RD TX 78748
| Owner | MARTIN TRUMAN F |
|---|---|
| Parcel ID | 0438280703 |
| Short ID | 431032 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 3,102 SF |
| Land SF | 514,182 SF |
| Acres | 11.804 |
| Year Built | 1969 |
| Legal | 9.8040 AC OF TRT 1 BAUERLE JACOB SUBD (1-D-1) |
| Neighborhood | _IACRE |
| Land | $461,685 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $461,685 |
| Improvement | $975,753 |
|---|---|
| Total Improvement | $975,753 |
| Market | $1,437,438 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,437,438 |
| Value Limitation Adjustment (−) (homestead cap) | −$946,141 |
| Net Appraised (assessed) | $491,297 |
| Exemptions (−) (HS,OV65) | −$241,250 |
|---|---|
| Taxable Value | $250,047 |
Appreciation: Market value has risen +273.5% from $384,890 (2021) to $1,437,438 (2025), a CAGR of 39.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Agricultural parcel countywide rose +479.4%, so this parcel has lagged the broader agricultural 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 $5,117. City of Austin is the largest single contributor, at 43.8% of the total 2025 levy.
Assessment Gap: Assessed value ($491,297) is $946,141 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 32% of market value ($461,685 land vs $975,753 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,437,438, this parcel sits in the upper-middle (50th–75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +62.5% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $16,304,575 by 2030, with an estimated annual tax burden around $14,905. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,102 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,102 SF | ✗ |
| SO | Sketch Only | 924 SF | ✗ |
| 031 | GARAGE DET 1ST F | 780 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 545 SF | ✗ |
| 512 | DECK UNCOVRED | 524 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 506 SF | ✓ |
| 513 | DECK COVERED | 280 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 341 | OUT BUILDINGS FV | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 431032 | MARTIN TRUMAN F | 2408 FRATE BARKER RD 78748 | $1,041,667 | $539,164 | $286,062 |
| 431033 | MARTIN TRUMAN F | 9.804 | $392,160 | $1,235 | $1,235 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,054.68 | $1,054.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $939.78 | $939.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $245.56 | $245.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $158.16 | $158.16 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $10.62 | $10.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,408.80 | $2,408.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,433,827 | $1,437,438 | -0.3% |
| Assessed Value | $540,399 | $491,297 | +10.0% |
| Land Value | $472,160 | $461,685 | +2.3% |
| Improvement Value | $961,667 | $975,753 | -1.4% |
| Taxable Value | $287,297 | $250,047 | +14.9% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$893,428 | — | |
| Total Tax 2026 = estimate |
~$5,879
Estimated
|
~$2,409
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,433,827 | $1,433,827 | +0 (+0.0%) |
| Taxable Value | $289,346 | $287,297 | -2,049 (-0.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,433,827 | $472,160 | $961,667 | −$893,428 | $540,399 | $287,297 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,437,438 | $461,685 | $975,753 | −$946,141 | $491,297 | $250,047 | ~$2,409 | Partial |
| 2024 | $1,512,465 | — | — | −$1,434,240 | $78,225 | $— | $2,967 | Verified |
| 2023 | $1,512,465 | — | — | −$1,300,340 | $212,125 | $— | $2,727 | Verified |
| 2022 | $334,778 | — | — | −$122,653 | $212,125 | $— | $4,336 | Verified |
| 2021 | $384,890 | — | — | −$364,890 | $20,000 | $— | $4,354 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +7.6% | 0.3% | Not available | Partial |
| 2025 | +0.0% | +31.2% | 0.3% | Not available | Partial |
| 2024 | -8.6% | -12.8% | 0.2% | 0.1900% | Verified |
| 2023 | +0.0% | -7.6% | 0.2% | 0.1400% | Verified |
| 2022 | +25.3% | -99.7% | 0.3% | 0.2200% | Verified |
| 2021 | base year | — | ~100% | 1.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.3% | +66.7% | +62.6% | +351.8% | 2023 | -13.0% | 2022 |
| Assessment Ratio | 37.7% | 26.6% | — | 63.4% | 2022 | 5.2% | 2021 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,409 | $3,359 | ~$12,819 | $4,354 | 2021 | $2,409 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,336,325 | ~$540,427 | ~2.0139% | ~$10,884 | +62.5% |
| 2027 | ~$3,797,321 | ~$594,469 | ~1.9814% | ~$11,779 | +164.2% |
| 2028 | ~$6,171,935 | ~$653,916 | ~1.9488% | ~$12,744 | +329.4% |
| 2029 | ~$10,031,489 | ~$719,308 | ~1.9163% | ~$13,784 | +597.9% |
| 2030 | ~$16,304,575 | ~$791,239 | ~1.8837% | ~$14,905 | +1034.3% |
| 2026 | ~$2,307,576 | ~$540,427 | ~2.0465% | ~$11,060 | +60.5% |
| 2027 | ~$3,704,443 | ~$594,469 | ~2.0465% | ~$12,166 | +157.7% |
| 2028 | ~$5,946,888 | ~$653,916 | ~2.0465% | ~$13,382 | +313.7% |
| 2029 | ~$9,546,773 | ~$719,308 | ~2.0465% | ~$14,721 | +564.2% |
| 2030 | ~$15,325,812 | ~$791,239 | ~2.0465% | ~$16,193 | +966.2% |
| 2026 | ~$2,365,073 | ~$540,427 | ~1.9977% | ~$10,796 | +64.5% |
| 2027 | ~$3,891,349 | ~$594,469 | ~1.9488% | ~$11,585 | +170.7% |
| 2028 | ~$6,402,589 | ~$653,916 | ~1.9000% | ~$12,425 | +345.4% |
| 2029 | ~$10,534,432 | ~$719,308 | ~1.8512% | ~$13,316 | +632.9% |
| 2030 | ~$17,332,717 | ~$791,239 | ~1.8024% | ~$14,261 | +1105.8% |
In 2025, this property's market value of $1,437,438 places it in the 50th–75th percentile for Agricultural properties in Travis County (7602 comparable) — +140% above the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $1,437,438 | $207,536 | $597,708 | $1,442,275 | ↑ Above median | +0.0% |
| 2024 | $1,512,465 | $217,016 | $597,296 | $1,446,593 | ↑ Top 25% | +23.7% |
| 2023 | $1,512,465 | $167,963 | $453,916 | $1,078,522 | ↑ Top 25% | +0.0% |
| 2022 | $334,778 | $180,794 | $446,888 | $1,009,883 | ↓ Below median | +46.1% |
| 2021 | $384,890 | $33,611 | $103,166 | $247,000 | ↑ 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.