15801 PALOMINO RANCH DR TX 78641
| Owner | 7K RANCH LLC |
|---|---|
| Parcel ID | 0526600102 |
| Short ID | 794917 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 460,952 SF |
| Acres | 10.582 |
| Year Built | — |
| Legal | LOT 2 BLK A PALOMINO RANCH SUBD |
| Neighborhood | _RGN145 |
| Land | $639,449 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $639,449 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $384,973 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $384,973 |
| Value Limitation Adjustment (−) (homestead cap) | −$383,556 |
| Net Appraised (assessed) | $1,417 |
| Taxable Value | $1,417 |
|---|
Appreciation: Market value has risen +102.1% from $190,476 (2021) to $384,973 (2025), a CAGR of 19.2% 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 $27. Leander ISD is the largest single contributor, at 57.7% of the total 2025 levy.
Assessment Gap: Assessed value ($1,417) is $383,556 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 166% of market value ($639,449 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 $384,973, this parcel sits in the top quartile (≥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 +19.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $927,722 by 2030, with an estimated annual tax burden around $14,849. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 298 | LIGHT UTILITY BLDG | 3,000 SF | ✓ |
Market value changed by 84% in 2026, 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% | $15.40 | $15.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5.33 | $5.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1.67 | $1.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1.47 | $1.47 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1.42 | $1.42 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $1.42 | $1.42 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $26.71 | $26.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $454,000 | $384,973 | +17.9% |
| Assessed Value | $1,453 | $1,417 | +2.5% |
| Land Value | $569,693 | $639,449 | -10.9% |
| Improvement Value | — | — | — |
| Taxable Value | $1,453 | $1,417 | +2.5% |
| HS Cap Loss | -$452,547 | — | |
| Total Tax 2026 = estimate |
~$27
Estimated
|
~$27
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $709,170 | $454,000 | -255,170 (-36.0%) |
| Taxable Value | $140,930 | $1,453 | -139,477 (-99.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $454,000 | $569,693 | — | −$452,547 | $1,453 | $1,453 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $384,973 | $639,449 | — | −$383,556 | $1,417 | $1,417 | ~$27 | Partial |
| 2024 | $— | — | — | — | — | $— | $24 | Verified |
| 2023 | $— | — | — | — | — | $— | $24 | Verified |
| 2022 | $— | — | — | — | — | $— | $24 | Verified |
| 2021 | $190,476 | — | — | — | $381,164 ! | $— | $5,104 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +84.2% ! | +9845.7% | 19.9% | Not available | Partial |
| 2025 | -39.8% | +8.8% | 0.4% | Not available | Partial |
| 2024 | +14.8% | -0.6% | 0.2% | 0.0000% | Verified |
| 2023 | +0.0% | +8.7% | 0.2% | 0.0000% | Verified |
| 2022 | +46.1% | -99.7% | 0.2% | 0.0000% | Verified |
| 2021 | base year | — | ~100% | 2.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.9% | +60.0% | +15.6% | +102.1% | 2025 | +17.9% | 2026 |
| Assessment Ratio | 0.3% | 66.9% | — | 200.1% | 2021 | 0.3% | 2026 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$27 | $2,565 | ~$11,402 | $5,104 | 2021 | $27 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$459,016 | ~$459,016 | ~1.8274% | ~$8,388 | +19.2% |
| 2027 | ~$547,300 | ~$547,300 | ~1.7707% | ~$9,691 | +42.2% |
| 2028 | ~$652,563 | ~$652,563 | ~1.7140% | ~$11,185 | +69.5% |
| 2029 | ~$778,073 | ~$778,073 | ~1.6573% | ~$12,895 | +102.1% |
| 2030 | ~$927,722 | ~$927,722 | ~1.6006% | ~$14,849 | +141.0% |
| 2026 | ~$451,316 | ~$451,316 | ~1.8841% | ~$8,503 | +17.2% |
| 2027 | ~$529,093 | ~$529,093 | ~1.8841% | ~$9,969 | +37.4% |
| 2028 | ~$620,273 | ~$620,273 | ~1.8841% | ~$11,687 | +61.1% |
| 2029 | ~$727,167 | ~$727,167 | ~1.8841% | ~$13,701 | +88.9% |
| 2030 | ~$852,481 | ~$852,481 | ~1.8841% | ~$16,062 | +121.4% |
| 2026 | ~$466,715 | ~$466,715 | ~1.7991% | ~$8,397 | +21.2% |
| 2027 | ~$565,814 | ~$565,814 | ~1.7140% | ~$9,698 | +47.0% |
| 2028 | ~$685,955 | ~$685,955 | ~1.6289% | ~$11,174 | +78.2% |
| 2029 | ~$831,606 | ~$831,606 | ~1.5439% | ~$12,839 | +116.0% |
| 2030 | ~$1,008,184 | ~$1,008,184 | ~1.4588% | ~$14,707 | +161.9% |
In 2025, this property's market value of $384,973 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $384,973 | $24,862 | $85,028 | $363,420 | ↑ Top 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 | $190,476 | $6,000 | $14,480 | $80,000 | ↑ Top 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.