SPRINGCREEK DR TX 78642
| Owner | MCCREARY CASEY & HYE-YOUNG |
|---|---|
| Parcel ID | 0533770150 |
| Short ID | 355432 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 311,018 SF |
| Acres | 7.140 |
| Year Built | — |
| Legal | LOT 13 SPRINGCREEK RANCH (2.44AC IN TRAVIS CO) |
| Neighborhood | T2690 |
| Land | $377,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $377,920 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $377,920 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $377,920 |
| Value Limitation Adjustment (−) (homestead cap) | −$332,232 |
| Net Appraised (assessed) | $45,688 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $45,688 |
Appreciation: Market value has risen +1111.1% from $31,205 (2021) to $377,920 (2025), a CAGR of 86.5% 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 2 taxing entities is 0.2000% in 2025 (+0.0090% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $91. Travis County ESD # 01 is the largest single contributor, at 50.0% of the total 2025 levy.
Assessment Gap: Assessed value ($45,688) is $332,232 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 ($377,920 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 $377,920, 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 +86.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,538,262 by 2030, with an estimated annual tax burden around $147. 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 374% 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% | $45.69 | $45.69 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $45.67 | $45.67 | Paid |
| Combined Rate | 0.2000% | 0.1784% | 0.1842% | 0.1910% | 0.2000% | +0.0090% | $91.36 | $91.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $527,170 | $377,920 | +39.5% |
| Assessed Value | $50,257 | $45,688 | +10.0% |
| Land Value | $527,170 | $377,920 | +39.5% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$476,913 | — | |
| Total Tax | Pending certification |
~$91
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $527,170 | $527,170 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $527,170 | $527,170 | — | −$476,913 | $50,257 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $377,920 | $377,920 | — | −$332,232 | $45,688 | $— | ~$91 | Partial |
| 2024 | $— | — | — | — | $174,447 | $— | $79 | Verified |
| 2023 | $— | — | — | — | $174,447 | $— | $70 | Verified |
| 2022 | $— | — | — | — | $147,768 | $— | $485 | Verified |
| 2021 | $31,205 | — | — | — | $31,205 | $— | $448 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +39.5% | +10.0% | 28.0% | Not available | Partial |
| 2025 | -26.3% | +223.5% | 35.6% | Not available | Partial |
| 2024 | +0.0% | +10.0% | 8.1% | 0.0200% | Verified |
| 2023 | +18.1% | -74.4% | 7.4% | 0.0100% | Verified |
| 2022 | +373.5% ! | +61.0% | 34.0% | 0.1100% | Verified |
| 2021 | base year | — | ~100% | 1.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +311.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +39.5% | +575.3% | +76.0% | +1111.1% | 2025 | +39.5% | 2026 |
| Assessment Ratio | 9.5% | 40.5% | — | 100.0% | 2021 | 9.5% | 2026 |
| Effective Tax Rate (2025) | 0.0200% | 0.0200% | — | 0.0200% | 2025 | 0.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$91 | $270 | ~$123 | $448 | 2021 | $91 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$705,008 | ~$50,257 | ~0.2000% | ~$100 | +86.5% |
| 2027 | ~$1,315,188 | ~$55,282 | ~0.2000% | ~$111 | +248.0% |
| 2028 | ~$2,453,475 | ~$60,811 | ~0.1999% | ~$122 | +549.2% |
| 2029 | ~$4,576,944 | ~$66,892 | ~0.1999% | ~$134 | +1111.1% |
| 2030 | ~$8,538,262 | ~$73,581 | ~0.1999% | ~$147 | +2159.3% |
| 2026 | ~$697,449 | ~$50,257 | ~0.2000% | ~$100 | +84.5% |
| 2027 | ~$1,287,139 | ~$55,282 | ~0.2000% | ~$111 | +240.6% |
| 2028 | ~$2,375,407 | ~$60,811 | ~0.2000% | ~$122 | +528.5% |
| 2029 | ~$4,383,800 | ~$66,892 | ~0.2000% | ~$134 | +1060.0% |
| 2030 | ~$8,090,277 | ~$73,581 | ~0.2000% | ~$147 | +2040.7% |
| 2026 | ~$712,566 | ~$50,257 | ~0.2000% | ~$100 | +88.5% |
| 2027 | ~$1,343,539 | ~$55,282 | ~0.1999% | ~$111 | +255.5% |
| 2028 | ~$2,533,235 | ~$60,811 | ~0.1999% | ~$122 | +570.3% |
| 2029 | ~$4,776,401 | ~$66,892 | ~0.1999% | ~$134 | +1163.9% |
| 2030 | ~$9,005,876 | ~$73,581 | ~0.1999% | ~$147 | +2283.0% |
In 2025, this property's market value of $377,920 places it in the top 25% 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 | $377,920 | $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 | $31,205 | $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.