15200 FAUBION TRL TX 78641
| Owner | DUBOSE ARIELLE |
|---|---|
| Parcel ID | 0525670316 |
| Short ID | 514063 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 217,800 SF |
| Acres | 5.000 |
| Year Built | — |
| Legal | LOT 2 TROVATO'S PARADISE |
| Neighborhood | T2690 |
| Land | $300,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $300,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $300,000 |
| Taxable Value | $300,000 |
|---|
Appreciation: Market value has risen +300.3% from $74,950 (2021) to $300,000 (2025), a CAGR of 41.4% 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 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 $5,652. Leander ISD is the largest single contributor, at 57.7% of the total 2025 levy.
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 ($300,000 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 $300,000, this parcel sits in the upper-middle (50th–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 +41.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,698,472 by 2030, with an estimated annual tax burden around $27,185. 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 370% 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% | $3,260.70 | $3,260.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,127.54 | $1,127.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $354.07 | $354.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $310.20 | $310.20 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $300.00 | $300.00 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $299.90 | $299.90 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $5,652.41 | $5,652.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $450,000 | $300,000 | +50.0% |
| Assessed Value | $360,000 | $300,000 | +20.0% |
| Land Value | $450,000 | $300,000 | +50.0% |
| Improvement Value | — | — | — |
| Taxable Value | $360,000 | $300,000 | +20.0% |
| HS Cap Loss | -$90,000 | — | |
| Total Tax 2026 = estimate |
~$6,783
Estimated
|
~$5,652
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $450,000 | $450,000 | +0 (+0.0%) |
| Taxable Value | $360,000 | $360,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $450,000 | $450,000 | — | −$90,000 | $360,000 | $360,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $300,000 | $300,000 | — | — | $300,000 | $300,000 | ~$5,652 | Partial |
| 2024 | $— | — | — | — | $370,000 | $— | $6,777 | Verified |
| 2023 | $— | — | — | — | $370,000 | $— | $6,648 | Verified |
| 2022 | $— | — | — | — | $352,500 | $— | $6,939 | Verified |
| 2021 | $74,950 | — | — | — | $74,950 | $— | $1,507 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +50.0% | +20.0% | 80.0% | Not available | Partial |
| 2025 | -18.9% | -18.9% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8300% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.8000% | Verified |
| 2022 | +370.3% ! | +370.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +300.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +50.0% | +175.2% | +32.0% | +300.3% | 2025 | +50.0% | 2026 |
| Assessment Ratio | 80.0% | 93.3% | — | 100.0% | 2021 | 80.0% | 2026 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,652 | $3,580 | ~$16,004 | $5,652 | 2025 | $1,507 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$424,335 | ~$424,335 | ~1.8274% | ~$7,754 | +41.4% |
| 2027 | ~$600,200 | ~$600,200 | ~1.7707% | ~$10,628 | +100.1% |
| 2028 | ~$848,953 | ~$848,953 | ~1.7140% | ~$14,551 | +183.0% |
| 2029 | ~$1,200,801 | ~$1,200,801 | ~1.6573% | ~$19,901 | +300.3% |
| 2030 | ~$1,698,472 | ~$1,698,472 | ~1.6006% | ~$27,185 | +466.2% |
| 2026 | ~$418,335 | ~$418,335 | ~1.8841% | ~$7,882 | +39.4% |
| 2027 | ~$583,347 | ~$583,347 | ~1.8841% | ~$10,991 | +94.4% |
| 2028 | ~$813,447 | ~$813,447 | ~1.8841% | ~$15,326 | +171.1% |
| 2029 | ~$1,134,311 | ~$1,134,311 | ~1.8841% | ~$21,372 | +278.1% |
| 2030 | ~$1,581,740 | ~$1,581,740 | ~1.8841% | ~$29,802 | +427.2% |
| 2026 | ~$430,335 | ~$430,335 | ~1.7991% | ~$7,742 | +43.4% |
| 2027 | ~$617,293 | ~$617,293 | ~1.7140% | ~$10,580 | +105.8% |
| 2028 | ~$885,476 | ~$885,476 | ~1.6289% | ~$14,424 | +195.2% |
| 2029 | ~$1,270,171 | ~$1,270,171 | ~1.5439% | ~$19,610 | +323.4% |
| 2030 | ~$1,821,996 | ~$1,821,996 | ~1.4588% | ~$26,579 | +507.3% |
In 2025, this property's market value of $300,000 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $300,000 | $24,862 | $85,028 | $363,420 | ↑ Above 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 | $74,950 | $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.