SPRINGCREEK DR TX 78642
| Owner | MCCREARY CASEY & HYE-YOUNG |
|---|---|
| Parcel ID | 0533770149 |
| Short ID | 355431 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 218,236 SF |
| Acres | 5.010 |
| Year Built | — |
| Legal | LOT 14 SPRINGCREEK RANCH (.9AC IN TRAVIS CO) |
| Neighborhood | T2690 |
| Land | $300,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $300,425 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $300,425 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $300,425 |
| Value Limitation Adjustment (−) (homestead cap) | −$280,646 |
| Net Appraised (assessed) | $19,779 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $19,779 |
Appreciation: Market value has risen +2123.9% from $13,509 (2021) to $300,425 (2025), a CAGR of 117.2% 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 outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 3 taxing entities is 0.3034% in 2025 (+0.0111% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $60. Travis County ESD # 01 is the largest single contributor, at 45.1% of the total 2025 levy.
Assessment Gap: Assessed value ($19,779) is $280,646 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 ($300,425 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 $300,425, 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 +117.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,508,655 by 2030, with an estimated annual tax burden around $96. 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 |
|---|---|---|---|---|---|---|---|---|---|
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $19.78 | $19.78 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $19.77 | $19.77 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4.33 | $4.33 | Paid |
| Combined Rate | 0.3048% | 0.2771% | 0.2828% | 0.2923% | 0.3034% | +0.0111% | $43.88 | $43.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $450,524 | $300,425 | +50.0% |
| Assessed Value | $21,756 | $19,779 | +10.0% |
| Land Value | $450,524 | $300,425 | +50.0% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$428,768 | — | |
| Total Tax | Pending certification |
~$44
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $450,524 | $450,524 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $450,524 | $450,524 | — | −$428,768 | $21,756 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $300,425 | $300,425 | — | −$280,646 | $19,779 | $— | ~$44 | Partial |
| 2024 | $— | — | — | — | $66,724 | $— | $37 | Verified |
| 2023 | $— | — | — | — | $66,724 | $— | $30 | Verified |
| 2022 | $— | — | — | — | $63,536 | $— | $148 | Verified |
| 2021 | $13,509 | — | — | — | $13,509 | $— | $194 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +50.0% | +10.0% | 26.8% | Not available | Partial |
| 2025 | -19.0% | +511.1% | 36.6% | Not available | Partial |
| 2024 | +0.0% | +10.0% | 4.8% | 0.0100% | Verified |
| 2023 | +5.0% | -74.3% | 4.4% | 0.0100% | Verified |
| 2022 | +370.3% ! | -15.3% | 18.0% | 0.0400% | Verified |
| 2021 | base year | — | ~100% | 1.4400% | 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% | +1087.0% | +102.7% | +2123.9% | 2025 | +50.0% | 2026 |
| Assessment Ratio | 4.8% | 37.1% | — | 100.0% | 2021 | 4.8% | 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 |
$44 | $119 | ~$80 | $194 | 2021 | $44 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$652,401 | ~$21,757 | ~0.3030% | ~$66 | +117.2% |
| 2027 | ~$1,416,748 | ~$23,933 | ~0.3026% | ~$72 | +371.6% |
| 2028 | ~$3,076,598 | ~$26,326 | ~0.3023% | ~$80 | +924.1% |
| 2029 | ~$6,681,115 | ~$28,958 | ~0.3019% | ~$87 | +2123.9% |
| 2030 | ~$14,508,655 | ~$31,854 | ~0.3016% | ~$96 | +4729.4% |
| 2026 | ~$646,392 | ~$21,757 | ~0.3034% | ~$66 | +115.2% |
| 2027 | ~$1,390,772 | ~$23,933 | ~0.3034% | ~$73 | +362.9% |
| 2028 | ~$2,992,373 | ~$26,326 | ~0.3034% | ~$80 | +896.0% |
| 2029 | ~$6,438,366 | ~$28,958 | ~0.3034% | ~$88 | +2043.1% |
| 2030 | ~$13,852,737 | ~$31,854 | ~0.3034% | ~$97 | +4511.0% |
| 2026 | ~$658,409 | ~$21,757 | ~0.3028% | ~$66 | +119.2% |
| 2027 | ~$1,442,964 | ~$23,933 | ~0.3023% | ~$72 | +380.3% |
| 2028 | ~$3,162,388 | ~$26,326 | ~0.3018% | ~$79 | +952.6% |
| 2029 | ~$6,930,664 | ~$28,958 | ~0.3012% | ~$87 | +2207.0% |
| 2030 | ~$15,189,187 | ~$31,854 | ~0.3007% | ~$96 | +4955.9% |
In 2025, this property's market value of $300,425 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 | $300,425 | $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 | $13,509 | $6,000 | $14,480 | $80,000 | ↓ Below 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.