12611 DAIRYWORK RD 78610
| Owner | PALACIOS NELLY ANN & |
|---|---|
| Parcel ID | 0455070208 |
| Short ID | 954514 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,493 SF |
| Land SF | 6,745 SF |
| Acres | 0.155 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK C LOT 8 |
| Neighborhood | H1501 |
| Land | $63,793 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,793 |
| Improvement | $362,434 |
|---|---|
| Total Improvement | $362,434 |
| Market | $426,227 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $426,227 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $426,227 |
| Exemptions (−) (HS) | −$85,245 |
|---|---|
| Taxable Value | $340,982 |
Appreciation: Market value has risen +73.6% from $245,592 (2024) to $426,227 (2025), a CAGR of 73.6% 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 $2,719. P10L is the largest single contributor, at 43.9% 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 15% of market value ($63,793 land vs $362,434 improvements), about $9/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 +73.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,710,806 by 2030, with an estimated annual tax burden around $5,673. 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 | 2,493 SF | ✗ |
| 1ST | 1st Floor | 1,418 SF | ✓ |
| 2ND | 2nd Floor | 1,075 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 172 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 309% 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% | $1,281.56 | $1,281.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $435.55 | $435.55 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $426.23 | $426.23 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $426.23 | $426.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $402.44 | $402.44 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $5,300.97 | $5,300.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $397,820 | $426,227 | -6.7% |
| Assessed Value | $397,820 | $426,227 | -6.7% |
| Land Value | $63,793 | $63,793 | +0.0% |
| Improvement Value | $334,027 | $362,434 | -7.8% |
| Taxable Value | $318,256 | $340,982 | -6.7% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$2,537
Estimated
|
~$5,301
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $397,820 | $397,820 | +0 (+0.0%) |
| Taxable Value | $318,256 | $318,256 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $397,820 | $63,793 | $334,027 | — | $397,820 | $318,256 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $426,227 | $63,793 | $362,434 | — | $426,227 | $340,982 | ~$5,301 | Partial |
| 2024 | $245,592 | — | — | −$185,592 | $60,000 | $— | $5,507 | Verified |
| 2023 | $— | — | — | — | $48,000 | $— | $3,817 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $2,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.7% | -6.7% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | +140.6% ! | +140.6% | ~100% | 1.1700% | Verified |
| 2023 | +309.3% ! | +309.3% | ~100% | 1.9400% | Verified |
| 2022 | base year | — | ~100% | 5.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +788.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.7% | +33.4% | +76.0% | +73.6% | 2025 | -6.7% | 2026 |
| Assessment Ratio | 100.0% | 74.8% | — | 100.0% | 2025 | 24.4% | 2024 |
| Effective Tax Rate (2025) | 1.2400% | 1.2400% | — | 1.2400% | 2025 | 1.2400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,301 | $5,404 | ~$4,671 | $5,507 | 2024 | $5,301 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$739,721 | ~$468,850 | ~0.8031% | ~$3,765 | +73.6% |
| 2027 | ~$1,283,791 | ~$515,735 | ~0.8089% | ~$4,172 | +201.2% |
| 2028 | ~$2,228,031 | ~$567,308 | ~0.8147% | ~$4,622 | +422.7% |
| 2029 | ~$3,866,766 | ~$624,039 | ~0.8206% | ~$5,121 | +807.2% |
| 2030 | ~$6,710,806 | ~$686,443 | ~0.8264% | ~$5,673 | +1474.5% |
| 2026 | ~$731,196 | ~$468,850 | ~0.7973% | ~$3,738 | +71.6% |
| 2027 | ~$1,254,373 | ~$515,735 | ~0.7973% | ~$4,112 | +194.3% |
| 2028 | ~$2,151,888 | ~$567,308 | ~0.7973% | ~$4,523 | +404.9% |
| 2029 | ~$3,691,581 | ~$624,039 | ~0.7973% | ~$4,975 | +766.1% |
| 2030 | ~$6,332,939 | ~$686,443 | ~0.7973% | ~$5,473 | +1385.8% |
| 2026 | ~$748,245 | ~$468,850 | ~0.8060% | ~$3,779 | +75.6% |
| 2027 | ~$1,313,551 | ~$515,735 | ~0.8147% | ~$4,202 | +208.2% |
| 2028 | ~$2,305,949 | ~$567,308 | ~0.8235% | ~$4,672 | +441.0% |
| 2029 | ~$4,048,114 | ~$624,039 | ~0.8322% | ~$5,193 | +849.8% |
| 2030 | ~$7,106,498 | ~$686,443 | ~0.8409% | ~$5,773 | +1567.3% |
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.