12105 MONTANA SPRINGS DR TX 78654
| Owner | LUNCEFORD JOHN H & SABRINA S |
|---|---|
| Parcel ID | 0524070307 |
| Short ID | 514048 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 87,975 SF |
| Acres | 2.020 |
| Year Built | — |
| Legal | LOT 44 CANYON RIDGE SPRINGS PHS 1 |
| Neighborhood | T2840 |
| Land | $80,784 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $80,784 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $80,784 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $80,784 |
| Value Limitation Adjustment (−) (homestead cap) | −$44,431 |
| Net Appraised (assessed) | $36,353 |
| Taxable Value | $36,353 |
|---|
Appreciation: Market value has risen +166.7% from $30,294 (2021) to $80,784 (2025), a CAGR of 27.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8841% in 2025 (+0.0525% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $685. Leander ISD is the largest single contributor, at 57.7% of the total 2025 levy.
Assessment Gap: Assessed value ($36,353) is $44,431 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 ($80,784 land vs $0 improvements), about $1/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 $80,784, this parcel sits in the lower-middle (25th–50th 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 +27.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $275,287 by 2030, with an estimated annual tax burden around $4,406. 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 167% 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $395.12 | $395.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $136.63 | $136.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $42.90 | $42.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $37.59 | $37.59 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $36.35 | $36.35 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $36.34 | $36.34 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $684.93 | $684.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $302,940 | $80,784 | +275.0% |
| Assessed Value | $43,624 | $36,353 | +20.0% |
| Land Value | $302,940 | $80,784 | +275.0% |
| Improvement Value | — | — | — |
| Taxable Value | $43,624 | $36,353 | +20.0% |
| HS Cap Loss | -$259,316 | — | |
| Total Tax 2026 = estimate |
~$822
Estimated
|
~$685
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $302,940 | $302,940 | +0 (+0.0%) |
| Taxable Value | $43,624 | $43,624 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $302,940 | $302,940 | — | −$259,316 | $43,624 | $43,624 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $80,784 | $80,784 | — | −$44,431 | $36,353 | $36,353 | ~$685 | Partial |
| 2024 | $— | — | — | — | $80,784 | $— | $555 | Verified |
| 2023 | $— | — | — | — | $30,294 | $— | $544 | Verified |
| 2022 | $— | — | — | — | $30,294 | $— | $596 | Verified |
| 2021 | $30,294 | — | — | — | $30,294 | $— | $639 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +275.0% ! | +20.0% | 14.4% | Not available | Partial |
| 2025 | +0.0% | +0.0% | 45.0% | Not available | Partial |
| 2024 | +166.7% ! | +20.0% | 45.0% | 0.6900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +166.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +275.0% | +220.8% | +9.0% | +275.0% | 2026 | +166.7% | 2025 |
| Assessment Ratio | 14.4% | 53.1% | — | 100.0% | 2021 | 14.4% | 2026 |
| Effective Tax Rate (2025) | 0.8500% | 0.8500% | — | 0.8500% | 2025 | 0.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$685 | $662 | ~$3,018 | $685 | 2025 | $639 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$103,233 | ~$103,233 | ~1.8274% | ~$1,887 | +27.8% |
| 2027 | ~$131,920 | ~$131,920 | ~1.7707% | ~$2,336 | +63.3% |
| 2028 | ~$168,578 | ~$168,578 | ~1.7140% | ~$2,889 | +108.7% |
| 2029 | ~$215,424 | ~$215,424 | ~1.6573% | ~$3,570 | +166.7% |
| 2030 | ~$275,287 | ~$275,287 | ~1.6006% | ~$4,406 | +240.8% |
| 2026 | ~$101,617 | ~$101,617 | ~1.8841% | ~$1,915 | +25.8% |
| 2027 | ~$127,823 | ~$127,823 | ~1.8841% | ~$2,408 | +58.2% |
| 2028 | ~$160,786 | ~$160,786 | ~1.8841% | ~$3,029 | +99.0% |
| 2029 | ~$202,251 | ~$202,251 | ~1.8841% | ~$3,811 | +150.4% |
| 2030 | ~$254,409 | ~$254,409 | ~1.8841% | ~$4,793 | +214.9% |
| 2026 | ~$104,848 | ~$104,848 | ~1.7991% | ~$1,886 | +29.8% |
| 2027 | ~$136,081 | ~$136,081 | ~1.7140% | ~$2,332 | +68.5% |
| 2028 | ~$176,618 | ~$176,618 | ~1.6289% | ~$2,877 | +118.6% |
| 2029 | ~$229,230 | ~$229,230 | ~1.5439% | ~$3,539 | +183.8% |
| 2030 | ~$297,515 | ~$297,515 | ~1.4588% | ~$4,340 | +268.3% |
In 2025, this property's market value of $80,784 places it in the 25th–50th percentile for Land/Vacant properties in Travis County (35611 comparable) — -5% 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 | $80,784 | $24,862 | $85,028 | $363,420 | ↓ Below median | +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 | $30,294 | $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.