TRAVISSO PKWY TX 78641
| Owner | TRAVISSO LTD |
|---|---|
| Parcel ID | 0508530102 |
| Short ID | 888981 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 31,988 SF |
| Acres | 0.734 |
| Year Built | — |
| Legal | LOT 1 TRAVISSO PHS 2 SEC 2B (HOA/LS) (HOA/LS) |
| Neighborhood | T4500 |
| Land | $5,773 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,773 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $5,773 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,773 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,153 |
| Net Appraised (assessed) | $4,620 |
| Taxable Value | $4,620 |
|---|
Appreciation: Market value has risen +534.4% from $910 (2021) to $5,773 (2025), a CAGR of 58.7% 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 6 taxing entities is 2.4764% in 2025 (+0.0536% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $114. Leander ISD is the largest single contributor, at 43.9% of the total 2025 levy.
Assessment Gap: Assessed value ($4,620) is $1,153 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 ($5,773 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 $5,773, 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 +58.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $58,124 by 2030, with an estimated annual tax burden around $1,237. 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 308% 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $50.21 | $50.21 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $19.28 | $19.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17.36 | $17.36 | Paid |
| U6M Travis County MUD # 21 | 0.3650% | 0.3650% | 0.3650% | 0.3650% | 0.3750% | +0.0100% | $17.33 | $17.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5.45 | $5.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4.78 | $4.78 | Paid |
| Combined Rate | 2.7557% | 2.5875% | 2.3949% | 2.4229% | 2.4764% | +0.0536% | $114.41 | $114.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,759 | $5,773 | -34.9% |
| Assessed Value | $3,759 | $4,620 | -18.6% |
| Land Value | $3,759 | $5,773 | -34.9% |
| Improvement Value | — | — | — |
| Taxable Value | $3,759 | $4,620 | -18.6% |
| Total Tax 2026 = estimate |
~$93
Estimated
|
~$114
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,759 | $3,759 | +0 (+0.0%) |
| Taxable Value | $3,759 | $3,759 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,759 | $3,759 | — | — | $3,759 | $3,759 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,773 | $5,773 | — | −$1,153 | $4,620 | $4,620 | ~$114 | Partial |
| 2024 | $— | — | — | — | $3,850 | $— | $93 | Verified |
| 2023 | $— | — | — | — | $3,713 | $— | $89 | Verified |
| 2022 | $— | — | — | — | $3,713 | $— | $96 | Verified |
| 2021 | $910 | — | — | — | $910 | $— | $25 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -34.9% | -18.6% | ~100% | Not available | Partial |
| 2025 | +49.9% | +20.0% | 80.0% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 2.4200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 2.3900% | Verified |
| 2022 | +308.0% ! | +308.0% | ~100% | 2.5900% | Verified |
| 2021 | base year | — | ~100% | 2.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +534.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -34.9% | +249.8% | +75.7% | +534.4% | 2025 | -34.9% | 2026 |
| Assessment Ratio | 100.0% | 93.3% | — | 100.0% | 2021 | 80.0% | 2025 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$114 | $70 | ~$625 | $114 | 2025 | $25 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,162 | ~$9,162 | ~2.4066% | ~$220 | +58.7% |
| 2027 | ~$14,541 | ~$14,541 | ~2.3368% | ~$340 | +151.9% |
| 2028 | ~$23,077 | ~$23,077 | ~2.2670% | ~$523 | +299.7% |
| 2029 | ~$36,624 | ~$36,624 | ~2.1972% | ~$805 | +534.4% |
| 2030 | ~$58,124 | ~$58,124 | ~2.1274% | ~$1,237 | +906.8% |
| 2026 | ~$9,047 | ~$9,047 | ~2.4764% | ~$224 | +56.7% |
| 2027 | ~$14,176 | ~$14,176 | ~2.4764% | ~$351 | +145.6% |
| 2028 | ~$22,215 | ~$22,215 | ~2.4764% | ~$550 | +284.8% |
| 2029 | ~$34,812 | ~$34,812 | ~2.4764% | ~$862 | +503.0% |
| 2030 | ~$54,552 | ~$54,552 | ~2.4764% | ~$1,351 | +845.0% |
| 2026 | ~$9,277 | ~$9,277 | ~2.3717% | ~$220 | +60.7% |
| 2027 | ~$14,909 | ~$14,909 | ~2.2670% | ~$338 | +158.3% |
| 2028 | ~$23,960 | ~$23,960 | ~2.1623% | ~$518 | +315.0% |
| 2029 | ~$38,505 | ~$38,505 | ~2.0576% | ~$792 | +567.0% |
| 2030 | ~$61,879 | ~$61,879 | ~1.9529% | ~$1,208 | +971.9% |
In 2025, this property's market value of $5,773 places it in the bottom 25% for Land/Vacant properties in Travis County (35611 comparable) — -93% 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 | $5,773 | $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 | $910 | $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.