12701 DAIRYWORK RD 78610
| Owner | MITCHELL FAMILY LIVING TRUST |
|---|---|
| Parcel ID | 0455070207 |
| Short ID | 954513 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,975 SF |
| Land SF | 6,522 SF |
| Acres | 0.150 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK C LOT 7 |
| Neighborhood | H1501 |
| Land | $63,642 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,642 |
| Improvement | $380,982 |
|---|---|
| Total Improvement | $380,982 |
| Market | $444,624 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $444,624 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $444,624 |
| Exemptions (−) (HS) | −$88,925 |
|---|---|
| Taxable Value | $355,699 |
Appreciation: Market value has risen +60.9% from $276,276 (2024) to $444,624 (2025), a CAGR of 60.9% over 1 year. 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.
Tax Burden: The combined rate across 5 taxing entities is 0.7973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,836. P10L is the largest single contributor, at 42.9% of the total 2025 levy.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 14% of market value ($63,642 land vs $380,982 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +60.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,800,004 by 2030, with an estimated annual tax burden around $5,917. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,975 SF | ✗ |
| 1ST | 1st Floor | 2,003 SF | ✓ |
| 2ND | 2nd Floor | 972 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 202 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 360% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| P10L | — | — | — | — | — | — | $2,328.96 | $2,328.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,336.88 | $1,336.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $454.57 | $454.57 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $444.62 | $444.62 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $444.62 | $444.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $419.81 | $419.81 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $5,429.46 | $5,429.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $413,295 | $444,624 | -7.0% |
| Assessed Value | $413,295 | $444,624 | -7.0% |
| Land Value | $63,642 | $63,642 | +0.0% |
| Improvement Value | $349,653 | $380,982 | -8.2% |
| Taxable Value | $330,636 | $355,699 | -7.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$2,636
Estimated
|
~$5,429
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $447,144 | $413,295 | -33,849 (-7.6%) |
| Taxable Value | $357,715 | $330,636 | -27,079 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $413,295 | $63,642 | $349,653 | — | $413,295 | $330,636 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $444,624 | $63,642 | $380,982 | — | $444,624 | $355,699 | ~$5,429 | Partial |
| 2024 | $276,276 | — | — | −$216,276 | $60,000 | $— | $5,941 | Verified |
| 2023 | $— | — | — | — | $48,000 | $— | $3,930 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $2,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2025 | -17.4% | -17.4% | ~100% | Not available | Partial |
| 2024 | +143.5% ! | +143.5% | ~100% | 1.1000% | Verified |
| 2023 | +360.5% ! | +360.5% | ~100% | 1.7800% | Verified |
| 2022 | base year | — | ~100% | 5.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +826.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +26.9% | +63.4% | +60.9% | 2025 | -7.0% | 2026 |
| Assessment Ratio | 100.0% | 73.9% | — | 100.0% | 2025 | 21.7% | 2024 |
| Effective Tax Rate (2025) | 1.2200% | 1.2200% | — | 1.2200% | 2025 | 1.2200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,429 | $5,685 | ~$4,872 | $5,941 | 2024 | $5,429 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$715,554 | ~$489,086 | ~0.8031% | ~$3,928 | +60.9% |
| 2027 | ~$1,151,575 | ~$537,995 | ~0.8089% | ~$4,352 | +159.0% |
| 2028 | ~$1,853,285 | ~$591,795 | ~0.8147% | ~$4,822 | +316.8% |
| 2029 | ~$2,982,578 | ~$650,974 | ~0.8206% | ~$5,342 | +570.8% |
| 2030 | ~$4,800,004 | ~$716,071 | ~0.8264% | ~$5,917 | +979.6% |
| 2026 | ~$706,662 | ~$489,086 | ~0.7973% | ~$3,899 | +58.9% |
| 2027 | ~$1,123,131 | ~$537,995 | ~0.7973% | ~$4,289 | +152.6% |
| 2028 | ~$1,785,045 | ~$591,795 | ~0.7973% | ~$4,718 | +301.5% |
| 2029 | ~$2,837,057 | ~$650,974 | ~0.7973% | ~$5,190 | +538.1% |
| 2030 | ~$4,509,068 | ~$716,071 | ~0.7973% | ~$5,709 | +914.1% |
| 2026 | ~$724,447 | ~$489,086 | ~0.8060% | ~$3,942 | +62.9% |
| 2027 | ~$1,180,375 | ~$537,995 | ~0.8147% | ~$4,383 | +165.5% |
| 2028 | ~$1,923,241 | ~$591,795 | ~0.8235% | ~$4,873 | +332.6% |
| 2029 | ~$3,133,628 | ~$650,974 | ~0.8322% | ~$5,417 | +604.8% |
| 2030 | ~$5,105,768 | ~$716,071 | ~0.8409% | ~$6,022 | +1048.3% |
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.