1507 W F M RD 1626 TX
| Owner | MCCOY CORPORATION |
|---|---|
| Parcel ID | 0443250325 |
| Short ID | 351158 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 345,426 SF |
| Acres | 7.930 |
| Year Built | — |
| Legal | 7.9299 AC OF LOT 3 WOODRUFF JOHN W SUBD |
| Neighborhood | I1626 |
| Land | $1,381,706 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,381,706 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,243,535 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,243,535 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,129,344 |
| Net Appraised (assessed) | $114,191 |
| Taxable Value | $114,191 |
|---|
Appreciation: Market value has risen +1470.1% from $79,200 (2021) to $1,243,535 (2025), a CAGR of 99.1% 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 1.6225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,853. Austin ISD is the largest single contributor, at 57.0% of the total 2025 levy.
Assessment Gap: Assessed value ($114,191) is $1,129,344 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 111% of market value ($1,381,706 land vs $0 improvements), about $4/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 $1,243,535, 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 +99.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $38,866,376 by 2030, with an estimated annual tax burden around $575,593. 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 1642% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,056.50 | $1,056.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $429.18 | $429.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $134.77 | $134.77 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $118.07 | $118.07 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $114.19 | $114.19 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $1,852.71 | $1,852.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $478,573 | $1,243,535 | -61.5% |
| Assessed Value | $137,029 | $114,191 | +20.0% |
| Land Value | $478,573 | $1,381,706 | -65.4% |
| Improvement Value | — | — | — |
| Taxable Value | $137,029 | $114,191 | +20.0% |
| HS Cap Loss | -$341,544 | — | |
| Total Tax 2026 = estimate |
~$2,223
Estimated
|
~$1,853
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $478,573 | $478,573 | +0 (+0.0%) |
| Taxable Value | $137,029 | $137,029 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $478,573 | $478,573 | — | −$341,544 | $137,029 | $137,029 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,243,535 | $1,381,706 | — | −$1,129,344 | $114,191 | $114,191 | ~$1,853 | Partial |
| 2024 | $— | — | — | — | $1,381,706 | $— | $1,527 | Verified |
| 2023 | $— | — | — | — | $79,299 | $— | $1,160 | Verified |
| 2022 | $— | — | — | — | $79,299 | $— | $1,278 | Verified |
| 2021 | $79,200 | — | — | — | $79,200 | $— | $1,375 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -61.5% | +20.0% | 28.6% | Not available | Partial |
| 2025 | -10.0% | +20.0% | 9.2% | Not available | Partial |
| 2024 | +1642.4% ! | +20.0% | 6.9% | 0.1100% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.4600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.6100% | Verified |
| 2021 | base year | — | ~100% | 1.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1468.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -61.5% | +704.3% | +162.7% | +1470.1% | 2025 | -61.5% | 2026 |
| Assessment Ratio | 28.6% | 45.9% | — | 100.0% | 2021 | 9.2% | 2025 |
| Effective Tax Rate (2025) | 0.1500% | 0.1500% | — | 0.1500% | 2025 | 0.1500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,853 | $1,614 | ~$227,541 | $1,853 | 2025 | $1,375 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,475,376 | ~$2,475,376 | ~1.5942% | ~$39,462 | +99.1% |
| 2027 | ~$4,927,475 | ~$4,927,475 | ~1.5659% | ~$77,157 | +296.2% |
| 2028 | ~$9,808,614 | ~$9,808,614 | ~1.5376% | ~$150,813 | +688.8% |
| 2029 | ~$19,524,991 | ~$19,524,991 | ~1.5093% | ~$294,682 | +1470.1% |
| 2030 | ~$38,866,376 | ~$38,866,376 | ~1.4810% | ~$575,593 | +3025.5% |
| 2026 | ~$2,450,506 | ~$2,450,506 | ~1.6225% | ~$39,759 | +97.1% |
| 2027 | ~$4,828,957 | ~$4,828,957 | ~1.6225% | ~$78,348 | +288.3% |
| 2028 | ~$9,515,926 | ~$9,515,926 | ~1.6225% | ~$154,393 | +665.2% |
| 2029 | ~$18,752,049 | ~$18,752,049 | ~1.6225% | ~$304,246 | +1408.0% |
| 2030 | ~$36,952,720 | ~$36,952,720 | ~1.6225% | ~$599,546 | +2871.6% |
| 2026 | ~$2,500,247 | ~$2,500,247 | ~1.5800% | ~$39,504 | +101.1% |
| 2027 | ~$5,026,987 | ~$5,026,987 | ~1.5376% | ~$77,293 | +304.2% |
| 2028 | ~$10,107,243 | ~$10,107,243 | ~1.4951% | ~$151,114 | +712.8% |
| 2029 | ~$20,321,586 | ~$20,321,586 | ~1.4527% | ~$295,202 | +1534.2% |
| 2030 | ~$40,858,506 | ~$40,858,506 | ~1.4102% | ~$576,186 | +3185.7% |
In 2025, this property's market value of $1,243,535 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 15× 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 | $1,243,535 | $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 | $79,200 | $6,000 | $14,480 | $80,000 | ↑ Above median | 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.