R-2018-5097 - 1/11/2018 RESOLUTION NO. R-2018-5097
WHEREAS, the City of Round Rock ("City") and the Round Rock Independent School
District (ISD) are the owners of seven parcels of land described as Lots 1, 2, 4, 5, 6, 7, and 8 of the
Luther Peterson Subdivision ("Property"); and
WHEREAS, City has constructed improvements on Lots 2 and 8, and ISD has constructed
improvements on Lots 5 and 6; and
WHEREAS, City and ISD have constructed joint improvements on Lot 7, and there are no
improvements on Lots 1 and 4; and
WHEREAS, City and ISD wish to partition the Property upon the terms and conditions set
forth in the Real Estate Partition Contract,Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on behalf of the City a Real Estate
Partition Contract with the Round Rock Independent School District, a copy of said Contract being
attached hereto as Exhibit "A" and incorporated herein for all purposes.
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended.
RESOLVED this 11 th day of January, 2018.
CRAIOR A , Mayor
City of Round ockk Texas
ATTEST:
AHA
VUUT-
SARA L. WHITE, City Clerk
0112.1804;00392706
LEXHIBIT
"A„
REAL ESTATE PARTITION CONTRACT
State of Texas §
County of Williamson §
This Real Estate Partition Contract("Contract")is made by and between ROUND ROCK
INDEPENDENT SCHOOL DISTRICT (referred to in this Contract as "ISD") and the CITY OF
ROUND ROCK., TEXAS, (referred to in this Contract as "City"), upon the terms and condition
set forth in this Contract. ISD and the City may be referred to as "Party" or "Parties" as the
context may require.
RECITALS
A. ISD and City are the owners of seven parcels of land (the "Property") located in
the City of Round Rock, Williamson County, Texas more particularly described as Lots 1, 2, 4,
5, 6, 7, and 8 of the Luther Peterson Subdivision, Doc. #9534620 and as recorded in Cabinet M,
Slides 75 to 79 of the Plat Records of Williamson County,Texas, and as shown on Exhibit"A."
B. ISD has constructed improvements on Lots 5 and 6. City has constructed
improvements on Lots 2 and 8. ISD and City have constructed joint improvements on Lot 7.
There are no improvements on Lots 1 and 4. For the purposes of determining and equalizing the
partition of the Property, City and ISD agree to base the value of the Lots on the Land Market
Value as determined by the Williamson Central Appraisal District,and as shown on Exhibit"B."
The value of the improvements constructed on the Lots will not be considered.
C. ISD and City agree that the Land Market Value as determined by the Williamson
Central Appraisal District is as indicated below:
LOTS LAND MARKET VALUE
Lot 1 $ 53,398
Lot 2 $ 1,052,306
Lot 4 $2,449,569
Lot 5 $ 17464,641
Lot 6 $ 11,550,058
Lot 7 $ 282,525
Lot 8 $ 497,617
D. ISD and City wish to partition the Property so that ISD will convey to City its
interest in Lots 1,21 4,and 8 and the City will convey to ISD its interest in Lots 5 and 6.
E. ISD and City wish to continue to jointly own Lot 7.
F. ISD and City are willing to participate in such partition on the terms and
conditions set forth in this Contract.
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NOW, THEREFORE, for good and valuable consideration, ISD and City hereby agree as
follows:
ARTICLE I
PURCHASE AND SALE
1.01 Lots Conveyed to City. Subject to the terms and conditions set forth in this
Contract, ISD agrees to sell,transfer, and convey its ownership interest in Lots 1,
2,4, and 8 to the City, together with all and singular the rights and appurtenances
pertaining to the property, (all of such real property, rights, and appurtenances
being referred to in this Contract collectively as "City Lots"), together with any
improvements, fixtures,and personal property situated on and attached to the City
Lots, for the consideration and upon and subject to the terms, provisions, and
conditions set forth below. The Parties agree that the Land Market Value of the
City Lots is$4,052,890.
1.02 Lots Conveyed to ISD. Subject to the terms and conditions set forth in this
Contract, City agrees to sell,transfer, and convey its ownership interest in Lots 5
and 6 to the ISD, together with all and singular the rights and appurtenances
pertaining to the property, (all of such real property, rights, and appurtenances
being referred to in this Contract collectively as "ISD Lots"), together with any
improvements, .fixtures, and personal property situated on and attached to the ISD
Lots, for the consideration and upon and subject to the terms, provisions, and
conditions set forth below. The Parties agree that the Land Market Value of the
ISD Lots is$3,014,699.
1.03 Joint Lot. The Parties agree that ISD and City shall retain joint and equal
ownership of Lot 7, (the"Joint Lot").
1.04 Difference in Land Market Value. As set forth above, the Parties agree that the
Land Market Value of the City Lots is $4,052,890 and the Land Market Value of
the ISD Lots is$3,014,699, leaving a difference of$1,038,191.
1.05 ISD's Right to Purchase Lot 8. In the event that the City ever determines that it
desires to sell Lot 8,the City shall give the ISD notice of such determination. The
ISD shall then have the option to purchase Lot 8 for the then fair market value as
determined by the Williamson Central Appraisal District. Said option must be
exercised by the ISD within 90 days after receiving said notice. The provision
granting ISD the right to purchase shall be contained within the deed conveying
Lot 8 to City.
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ARTICLE II
PURCHASE CONSIDERATION
2.01 Consideration for ISD Lots. As consideration for the conveyance of the ISD
Lots from the City to ISD, ISD agrees to sell, transfer, and convey to City the
City Lots.
2.02 Consideration for City Lots. As partial consideration for the conveyance of the
City Lots from ISD to the City, City agrees to sell, transfer, and convey to ISD
the ISD Lots.
As additional consideration for the conveyance of the City Lots, and to equalize
the consideration to the ISD for the above difference in the Land Market Value
between the City Lots and the ISD Lots, the City agrees to be responsible for
payment of the cost of certain improvements on the Joint Lot to be jointly
approved by the City and ISD in the future(the"Project"). The cost of the Project
will include the cost of design, construction, and construction management (the
"Total Cost"). In addition to the actual cost to design and construct the Project,
the Total Cost of the Project shall include a construction management fee to the
City equal to 3% of the design and construction costs to compensate the City for
services performed for the management of the construction, administration,
supervision, and inspection of the Project. The City agrees to be solely
responsible for paying the Total Cost of the Project up to$1,038,191, If the Total
Cost is less than $1,038,191, the City will pay ISD the difference. If the Total
Cost exceeds $1,038,191, the City and ISD agree to jointly and equally share the
excess cost. The design of the Project shall be subject to the approval of City and
ISD. City and ISD agree that the Project will be agreed upon and completed
within three (3) years from the effective date of this Contract, provided, this
period may be extended by mutual agreement of City and ISD.
ARTICLE III
PARTY'S OBLIGATIONS
Conditions to Party's Obligations
3.01 The obligations of the Parties hereunder to consummate the transaction
contemplated hereby are subject to the satisfaction of each of the following conditions
(any of which may be waived in whole or in part by the beneficiary of such condition at
or prior to the Closing).
Preliminary Title Commitment
3.02 Within thirty (30) days after the date of execution of this Contract the City and
ISD, will obtain from an acceptable title insurance company (the "Title Company") a
preliminary title report for their respective tracts which may upon request be
accompanied by copies of all recorded documents relating to easements, rights-of-way,
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etc. In the event that any Party states that a condition is not satisfactory (the "Objecting
Party"), the other Party shall assist the Objecting Party to the extent reasonably possible
to undertake to eliminate or modify all unacceptable matters to the reasonable
satisfaction of the Objecting Party at or prior to Closing. In the event that any
unsatisfactory condition is not eliminated or modified to the reasonable satisfaction of the
Objecting Party, then the Objecting Party shall have the right to terminate this Contract
and neither Party shall have any further rights or liabilities hereunder.
3.03 The Parties shall have performed, observed, and complied with all of the
covenants, agreements, and conditions required by this Contract to be performed,
observed, and complied with by the Parties prior to or as of the closing unless waived.
ARTICLE IV
CLOSING
4.01 The Closing shall be held at the Title Company on or before the earlier to occur
of the following: February 2, 2018, or at such time, date, and place as the Parties may
agree upon(which date is herein referred to as the"Closing Date").
ISD's Obligations
4.02 The obligation of ISD to consummate the transactions contemplated hereunder is
contingent upon the following:
(a) Elimination or modification satisfactory to ISD in its reasonable discretion of all
unacceptable matters on the ISD Lots identified by ISD pursuant to the
procedures set forth in Section 3.02;
(b) City's representations and warranties contained herein shall be true and correct in
all material respects as of the Closing Date; and
(c) As of the Closing Date, City shall have performed its obligations hereunder in all
material respects and all deliveries to be made by City at closing have been
tendered.
4.03 At the Closing ISD shall:
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(a) Deliver to City a duly executed and acknowledged Special Warranty Deed
conveying good and indefeasible title in fee simple in the ISD's undivided one-
half interest in the City Lots, free and clear of any and all liens, encumbrances,
conditions,easements, assessments, and restrictions,except for the following:
(i) Any exceptions approved by City pursuant to Article III hereof;
and
(ii) Any other exceptions approved by City in writing.
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(b) Deliver to City a Texas Owner's Title Policy, issued by Title Company, in City's
favor in the full amount of the Consideration, or as otherwise agreed upon by the
Parties, insuring City's fee simple title,subject only to those title exceptions listed
above, such other exceptions as may be approved in writing by City, and the
standard printed exceptions contained in the usual form of Texas Owner's Title
Policy.
(e) Deliver possession of the City Lots to the City.
City's Obligations
4.04 The obligation of ISD to consummate the transactions contemplated hereunder is
contingent upon the following:
(a) Elimination or modification satisfactory to ISD in its reasonable discretion of all
unacceptable matters on the ISD Lots identified by ISD pursuant to the
procedures set forth in Section 3.02;
(b) City representations and warranties contained herein shall be true and correct in
all material respects as of the Closing Date; and
(e) As of the Closing Date, City shall have performed its obligations hereunder in all
material respects and all deliveries to be made by City at closing have been
tendered.
4.05 At the Closing, City shall:
(a) Deliver to ISD a duly executed and acknowledged Special Warranty Deed
conveying good and indefeasible title in fee simple in and to the City's undivided
one-half interest in the ISD Lots, flee and clear of any and all liens,
encumbrances, conditions, easements, assessments, and restrictions, except for
the following:
(i) Any exceptions approved by ISD pursuant to Article III hereof;
and
(ii) Any other exceptions approved by TSD in writing.
(b) Deliver to ISD a Texas Owner's Title Policy, issued by Title Company, in ISD's
favor in the full amount of the Consideration, insuring ISD's fee simple title to
the ISD Lots subject only to those title exceptions listed above, such other
exceptions as may be approved in writing by City, and the standard printed
exceptions contained in the usual form of Texas Owner's Title Policy.
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(d) Deliver to ISD possession of the ISD Lots.
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Closing Costs
4.06 All costs and expenses of Closing in consummating the sale and purchase of the
City Lots and ISD Lots shall be shared equally by the Parties, except for attorney's fees
which shall be paid by the Party incurring them.
ARTICLE V
RE PRESI!:NTATIONS
5.01 ISD and the City each represents and warrants to the other that to the best of its
knowledge,as of the closing date, as follows:
(a) There are no parties in possession of any portion of the City Lots and ISD
Lots as lessees,tenants at sufferance,or trespassers;
(b) Each Party has complied with all applicable laws,ordinances, regulations,
and restrictions relating to the Property,or any part of it;
(c) Each Party is not aware of any material physical defects to the Property;
(d) Each Party is not aware of any environmental hazards or conditions that
affect the Property;and
(e) Except for the underground fuel tanks currently on Lot 7,each Party is not
aware that the Property is or has ever been used for the storage or disposal of
hazardous materials or toxic waste, or any underground tanks or containers.
5.02 ISD and City agree that the Property to be conveyed as provided herein will be
conveyed in its current"as is"condition and without any warranty or representation as to
the condition of the Property, other than the special warranty as to title contained in the
deeds to the Property.
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ARTICLE VI
MISCELLANEOUS
4 Assignment of Contract
s
6.01 Neither Party may assign any interest in this Contract without consent or approval
of the other Party.
Survival of Covenants
6.02 Any of the representations, warranties, covenants, and agreements of the parties,
as well as any rights and benefits of the parties, pertaining to a period of time following
the closing of the transactions contemplated hereby shall survive the closing and shall not
be merged therein.
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Notice
6.03 Any notice required or permitted to be delivered hereunder shall be deemed
received when sent by United States mail, postage prepaid, certified mail, return receipt
requested, addressed to ISD or City, as the case may be, at the address set forth opposite
the signature of the party.
Texas Law to Apply
6.04 This Contract shall be construed under and in accordance with the laws of the
State of Texas, and all obligations of the parties created hereunder are performable in
Williamson County,Texas.
Parties Bound
6.05 This Contract shall be binding upon and inure to the benefit of the parties and
their respective heirs, executors, administrators, legal representatives, successors and
assigns where permitted by this Contract.
Legal Construction
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6.06 In case any one or more of the provisions contained in this Contract shall for any
reason be held to be invalid, illegal, or unenforceable in any respect, this invalidity,
illegality, or unenforceability shall not affect any other provision hereof, and this
Contract shall be construed as if the invalid, illegal, or unenforceable provision had never
been contained herein.
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Prior Agreements Superseded
6.07 This Contract constitutes the sole and only agreement of the parties and
supersedes any prior understandings or written or oral agreements between the parties
respecting the within subject matter.
j Time of Essence
6.08 Time is of the essence in this Contract.
i Gender
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6.09 Words of any gender used in this Contract shall be held and construed to include
any other gender, and words in the singular number shall be held to include the plural,
and vice versa,unless the context requires otherwise.
Memorandum of Contract
6.1.0 Upon request of either party,the parties shall promptly execute a memorandum of
this Contract suitable for filing of record.
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Compliance
6.11 In accordance with the requirements of Section 20 of the Texas Real Estate
License Act, the Parties are hereby advised that it should be furnished with or obtain a
policy of title insurance or the Parties should have the abstract covering Tract 1 and Tract
2 examined by an attorney of the Parties' own selection.
Effective Date
6.12 This Contract shall be effective as of the date it is approved by the City of Round
Rock City Council,which date is indicated beneath the City's signature below.
Counterparts
6.13 This Contract may be executed in any number of counterparts, which may
together constitute the Contract. Signatures transmitted by facsimile or electronic mail
may be considered effective as originals for purposes of this Contract.
[Signature pages follow.]
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ROUND ROCK INDEPENDENT SCHOOL DISTRICT
By:__ , Address:
Printed Name:
Its:
Date:
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CITY:
CITY OF ROUND ROCK,
By: Address: 221 East Main St.
CRAIG MORGAN,Mayor Round Rock,Texas 78664
Date:
Attest: For City,Approved as to Form:
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Sara White,City__C___lerk Stephan L. Sheets,City Attorney
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V995L i'i ��'T—='f C�erc�fMs Fit9++tatrs Utz aor
rra,t*rt`j Oti'mrr Propovi Address 2017 Asses ed Wiwi
R349111 ROUND ROCK ISO&CITY 900 LUTHER PLACE,ROUND ROCK,TX 78665 $53,398
�20I8 GENERAL I+li ORI�tATIt?PI 2017 VALUE INFORaNIATION
Property5tatus Active improvement HomeslteValue 5o
PropertyType Land-Transitional ImprovementNon•Homesite SO
Value _
Legal Description 36110-tether Peterson Sub,Lot 1,ACRES 21,3S4,(PARKLAND) Total improvement Market Value 50
Neighborhood R20-East RoundRockVacant
Account R-16-03660000-0001 Land Homesite Value Print
pro
Map Number 3.4327 land Non•Homesite Value S Into oration
2018 OWPIEP INFORMATION Land Agricultural MarketValue 50 � —
owner Name ROUND ROCK 150&CITY -.�.....-.—Total Land Market Value $53,393 j
Owner tD 0425997
Exemptions Exempt Property Total Market Value $53,398
i
Percent Ownership 100% /agricultural Use $0
Ma11Mg Address 1311 ROUND ROCKAVE ROUND ROCK TX 76601-4999 Total Appraised Value $53,390
Homestead Cap Loss -10
Total Assessed Value 553,390
2017 ENTITIES Fr EXEMPTIONS
SpecialExemptlons IX-Exempt Property
-
EXEMPTIO
TAXINGENTITY EXEMPTIONS �M uN�HS_ �AAXAE' 1ao LE �TAXRATEPER SLING_..
..._..� _
CI CAD-Williamson CAD so So a a
01 CRR-City of Round Rock so $0 0.425 a
01 GW1-Wliflamson CO $0 t0 0.436529 a
asJ01-AusComm Coll s0 so O.1a08 0
tt'1 dFM-Wmsn CO FMJRD so SO 0.04 0
111 SRR.hound Rock ISD $0 $0 1.3325 0
III W09-Upper 8rshyCr WC&IO n 50 $0 0.019823 a
1A
TOTALS 2.354652
2017 LAND SEGMENTS
LAND SEGMENT TYPE STATE CODE 110MES1TE LAIARKET VALUE AG USE LOSS LAND SIZE _w-
1 Vacant land XV-Odier Exemptions No $53,396 so 21,359000 acres
TOTALS 930,390 Sq,It/21.359000 acres
VALUE HISTORY
YEAR IMPROVEMENT [AND MARKET AG MARKET AG LOSS APPRASSED H5 CAP L055 ASSESSED
2016 $0 $53,390 $53,390 $0 10 SS3,398 $0 $53,398
a 2015 $0 $48,592 $49,592 114 so $48,592 s0 $48,592
2014 $0 $48,592 $48,592 $0 $0 $48,592 W $48,592
20$3 $0 $48.592 $48,592 $0 to 148,592 t0 $48,592
2012 $0 $48,592 $48,592 $0 $0 $48,592 $0 $48,592
SALES HISTORY _
DEED DATE� SELLER BUYER tN5TR It VOLUMEIPAGE
1o114rt994 ROUND ROCK ISD 6 CITY ROUND ROCK ISO 6 CITY - 2671/006
EXHIBIT
ET
"Bit
rrop_rl) Ovmer P'ropertjAddress 2017A5sessedValue f
8349217 ROUND ROCK ISD&CITY 910 LUTHER PLACE,ROUND ROCK,TX 78665 $1,652,306 s
2015 GEI IERAL INFORNIATI014 2017 VALUE INFORMATION
Property5talus Activa Improvement Homesite Value SD
PropertyType C4 IrnprovementNon•Homesite $600,000 j
Value
Legal Description LUTHER PETERSON SUB,LOT2.ACRES 7.818 _,w.._.....,._
Total Improvement Market ;608,000
Neighborhood R2000-RrEastCity,CMc
Value
Account R-16-4368.0000{1002 Print
Map Number 3-0327 Land Homeslte Value property
Information
2018 OWNER 11N ORNIATlOtl Land Nan-Homesite Value $1,0
Owner Name ROUNDROCKISD&CITY Land AgdculturalMarket 50
Value
Owner tD 0425997 Total Land Market Value $1,052,306
Exemptions Exempt Property
Percent Ownership 1005 Total Market Value $1,652,306
MallingAddress 1311 ROUND ROCK AVE ROUND ROCK,TX 78681.4999 Agricultural Use 30
Total Appraised Valum $T.652,306
Homestead Cap Loss 40
_ Total Assessed Value ;1,652,306
2017 ENTITIES 6 EXEMPTICIMS
Special Exemptions EX-ExemptPmperty
TAXING EFJTITY EXEMPTIONS EXEMPTIONS TAXAOIE TAX RATE PER TAX
AMOUNT __.. 1 VALUE.._ 1 180 CEILING._.._....
0 CAD-Williamson CAD 30 s0 0 0
11 CRR-City of Round Rack 40 $0 0,425 0
It3 GWI-WHllamson CO so $0 0,436529 0
OJ01-AusCommColl s0 i0 0.1008 0
Qt RFM-Wrnsn CO FMIRO $0 $0 0.04 0
itt SRR.Round Rack ISD 30 $0 1.3325 0
V W09-Upper 8rshy Cr WCJND N 30 $0 0.019823 0
iA
TOTALS 2.354652
2017 IMPROVEMENTS w Expand/Collapse All
Improvement 01 State Code Homeslte Total Main Area Market Value
XV-Olharfkemptlons No - $600,000
flECORO TYPE YEAR SQ.FT VALUE ADD'L
BUILT _1NF0._._._
I Main Area 2001 - S600,000 r Details
2017 LARD SEGMENTS
LAND SEGMENT TYPE STATE CODE HOMESRE MARKET VALUE AG USE LOSS lANO SIZE
I-Commercial XV-0therExemplions No $1,052,306 $0 340,SSZSq.R
__-._...__........................ _........................... _�...................._...,...._.._.._...._—
TOTALS 340,SSZSq.817.817998 acres
VALUE H15TO11Y
YEAR IMPROVEMENT LAND MARKET y AG MARKET AG LOSS APPRAISED HS CAP LC)55 T ASSESSED
2016 $600,000 $1,052,306 11,652,306 30 $0 $1,652,306 $0 $1,652,306
2015 $600,000 $1,042,089 $1.642,089 30 $0 $1,642,089 $0 $1,642,089
2014 $6001000 $1,042,069 $1,642.089 30 $0 $1,642,089 34 $116.12,089
2013 $600,000 $1,021,656 $1,621,656 .f0 $D $1,621,656 $0 $1.621,656
2012 $300,000 $1,021,656 $1,321,656 30 s0 $1,321.656 40 $1,321,656
SALES HISTORY
DEED DATE SELLER BUYER INSTR M VOLUMElPAGE
10!1411994 ROUND ROCK ISO&CITY ROUND ROCK ISD b CITY 16711006
s
Prr3perty Outer Prop�RyArldre.. 2017 Assessed Value
6349219 ROUND ROCK ISD&CITY 930 LUTHER PLACE,ROUND ROCK,TX 76665 $7.,449,569
2010 GENERAL INFORMATION 2017 VALUE INFORMATION
Property Status Active Improvement Homesits Value 40
Improvement Non�Homeslte !
30
PropertyType Land Value
...w..,_....�.............
Legal Description LUTHER PETERSON SUB,LOT 4,ACRES 15.599 Tata!improvement Market
Nelghbarhood R20-East Round RockVacant Value 30
Account R-16-434&00000004 Print
Land Homestte Value property
Map Number 3-43x7 information
Land Non•Homeshe Value 42 Sr,'Y6`l
2018 OWNER WIFORNIATIOPI
Land Agrlcuttural Market $9
Owner Mame ROUND ROCK ISO&CITY Value
Otmcr ID 0425997 ?otos Land Market Value $2,449,569
Exemptions Exempt Property
Percent Ownership 100% Total Market Value 32,449,569
MaliingAddress 1311 ROUND ROCK AVE ROUND ROCK 7X706i11A999 Agricutturaluse 40
Total Appraised Value $2,449,569
Homestead Cap loss -30
Tolat Assessed Value W49,569
2.017 ENTITILS&EYEMPTIONS
Special exemptions EX-Exempt Property
TAXING ENTITY XEMPTIONS EXEMPTIONS� y ELE t 0 MTE PER CEILI!G
B?CAD-Wlltiarrtson CAD i0
$O 0 0
0 CRR-City of Round Rock $0 $0 0.425 0
11GW6 WtUfantsonCO $0 So 0.436529 0
11101-AUSCommColl 30 s0 0.1008 0
11 RFM-Wmsn CO FMIRO $0 $0 0,04 0
ft3 SRR-Round Rock ISD $0 $0 1.3325 0
11 W09-Uppet ershy Cr WC&ID N $0 $0 0.019823 0
IA _ _ .. - _ .......-.
'TOTALS 2,35+1652
2017 LAPID SEGMENTS _
LAND SEGMENT TYPE STATE CODE HQMESITE MARIMT VALUE AG USE LOSS tANO 512E
I-Vacant land XV-Other Exemptlons No $2.44%569 569 30 679,492 Sq it
TOTALS 679,492 Sq.It/15.598990 acres
VALUE HISTORY
YEAR201 G IIAPRQVEMEN$0 LLZJ 9,569 $2.449,569 AG MARite 3 AGLOSS0 A 3 M 9E 69 HS CAP LOSSASSESSED�a 4E U9
2015 $0 $2,425,766 $2,42S,786 30 $0 $2,425,786 s4 S$425,786
2014 30 $2,425,766 $2,425,786 10 $0 $2,425,796 $0 $2,425,786
2013 $0 52,378,272 $2,378,222 30 $0 $2378,222 SO $2,378,222
2012 $0 $2,378,222 $2,378,222 SO $0 52,370,222 So $2,378,222
SALES HISTORY
OEED GATE SELLER BUYER INSTR p VOLUTAE/PAGE
_� _..._...._
i 101141$994 ROUND ROCK ISD&CITY 1 ROUND ROCK ISD&CFTY 2671/006
property OtiWaer Prop>_rtyAeldres; 2017 Assessed Value
8349220 ROUND ROCK ISD&CITY 931 LUTHER PLACE,ROUND ROCK,TX 78665 $16,464,641
2018 GENERAL INF0RIAA.TI0I I 2017 VALUE INFORMATION
Property Staws Active Improvement Homestle $0
Value
Property7ype C4
lmprovementNon-Hamesite 5150004000
R Legal Description LUTHER PETERSON SUB,LOTS,ACRES 7,681 Value
Neighborhood R20CS•Rr East School Total improvement Market :15,000 00
Value -
Account R•1G 436&0000-0005 pprint
Map Number 3.4327 Information
Land Hamesite Value _ ,W
2018 OWNER INFORMATION Land NonAomesite Value $1,464,641
Owner Name ROUND ROCK ISD&CITY Land Agricultural Market
Value 50
Owner ID 0425997 - ------ -
Exemptions ExamptProperty Total Land Markt Value ;IA64,641
Percent Ownership 10016
MaWngAddress 1311 ROUND ROCKAVEBOUND ROCK 7X78661-4999 Total Market e �16,Q64,b41
AgriculturralalUUsse 40
TotalAppralsedValue $16,464,641
Homestead Cap Loss
Total Assessed Value $16864,641
2017 ENTITIES&EXEMPTIONS
SpeclalExemptions EX-Exempt Property
TAXING ENTITY EXEMPTIONS. EXEMPTIONS
MO t�ONS ] `YAAXL/U1ELE D
1 RATE PER TAX w 4
tlCAD•WllllamsonCAD ;D I so 0 �0
21 CRR-City of Round Rock ;0 $0 0.425 0
tl GWI-1Mlllamson CO ;D $0 O.A36529 0
RI j01-Aus Comm Coil SO So 0.1008 0
10 RFM-Wmsa CO FM/RD so $0 0.04 0
11 SRR-Round Rock iSD $0 $0 1.3325 0
III W09•Upper OrshyCrWC&IDN $0 $0 0,019823 0
IA �._., �..,.. .�w.. _ _._................. w
TOTALS 2,.354652
2017 IMPROVEMENTS v Expand/Collapse All
Improvement M l State Code Homesite Total Main Area Market Value
XV-OthorExemptions No - 515,000,000
ADU
RECORD 1YPE w._ _..__ ._11UI T
YEAR .......... :SQ Fr_.__..__._...:.::.....VALUE........ _ _ INFO
1 Main Area 2001 310,000,000 v Details
2 Main Area 2008 $5,000,000 v Details
2017 LAND SEGMENTS
LAND SEGMENTTYPE STATE CODE HOMESITE �MARKETVALUE AGGUU5E LOSS LAND SIZE
1-Commercial kV•Other Exemptions No $1,464,641 $0 334,584 Sq R
_.. �. -..... _
TOTALS 334,584 Sq.R/7.680992 acres
VALUE HISTORY
YEAR IMPROVEMENT LAND MARKET AG MARKET AG LOSS APPRAISED H5 CAP L055 ASSESSED
2016 $15,000,000 $1,464,641 $16,464,641 $0 $D $16,464,641) SO $16,464,641
2015 $15,000,000 $1,450,422 $16,4SO,422 s0 $0 $16;450,422 $0 $16,450,422
2014 $15,000,000 $1,450,422 $16,450,422 $0 $D $IG,450,422 $0 $16,450,422
2013 $15,000,000 $1,421,902 $16,421,982 s0 $0 $16,421,982 $0 $16.421,982
2012 $15,000,000 $1,421,902 $16,421,982 30 $0 $16,421,982 $0 $16.421,982
SALES HISTORY _
DEED DATE SELLER OUYER 1NS7A JJ VOLUME/PAGE
10/14/1994 _ ROUND ROCK ISD&CITY ROUND ROCK 15D&CITY 2671,4106
Prop,rbl Or mer PropertyAddre.s 2711 Assessed Val;re
R349221 ROUND ROCK ISD&CIN 921 LUTHER PLACE,ROUND ROCK,TX 78665 $2,550,058
2018 GENERAL INFORMATIOt! 2017 VALUE Ihtr01?„If1T1014
Property Status ActIve Improvement HomeslteValue s0
PrapertyType C4 improvement Non-Hamesite St 000,000
Value '
Legal Description LUTHER PETERSON SUB„LOT G,ACRES 11.516 Total improvement Market
61,000,000
Neighborhood RZOCS•Rrfast School Value
Account R-1643680000-0006 Ppprint
Map Number 3+!327 Land Hameslte Value inropmatlon
2018 OY P1EP INFORMATION Land Non-HomesiteValue 31,5 trusls
Owner Name BOUNDROCKISD&CITY Land Agricultural MarValSO
_lueue
Owner ID 0425997 Total Land Mot Let Value $1,SSD,058
Exemptions Exempt Property
Percent Ownership 100% TotalNiarketValue $2,550,058
Matting Address 1311 ROUND ROCKAVE ROUND ROCK,7X70601-4999 Agricultural Use so
Total Appraised Value 52,550,058
Homestead Cap Loss -30
Total Assessed Value 42,550,058
2017 ENTITICS 8,EXEMPTIONS
Special Exemptions EX-Exempt Property
a
TAXING ENTITY EXEh1PTtONS AM UH OIJS (VALUELE iQ RATE PER„
92 CAD-MOlamsonCAD $0 so o O
ttf CRR-City of Round Rock s0 $0 0.425 0
at GWI•Williamson CO so SO OA36529 0
Ojai-AusComm con so so 0.1008 0
Ot REM-Wmsn CO FM/RD so $0 0.04 0
III SRR-Round flock ISD so $0 13325 0
92W09-Upper OrshyCrWC6iD9 #0 $0 0019623 0
1A
TOTALS 23S4652
20171IMPROVENIENT5 V ExpandlCoilapse All
Improvement 01 State Code Hameslte Total Main Area Market Value
XV-other Exemptions No - 41,040,0011
RECORD. TYPE. FiUtIT........__.. ALttE...__..._._ ZI ___
1 Main Area 1996 - $1,000,000 W Details
2017 LAND SEGNIEWS
LAND SEGMENT TYPE STA1E CODE HOMESITE MARKET VALUE AG USELOSS'T LAND 512E
i-Commercial XV-Other Exem tions No $1,550458 60 SO1.G375q,fc
TOTALS 501,687Sq.1t111,516001 acres
VALUE HISTORY
YEAR IMPROVEMENT r LAND MARKET AG 11,MARKET AG LOSS APPRAISED HS CAP LOSS ASSESSED
2016 $1,000,000 $1,550,058 $2,550,050 $0 30 12,550,051 3a $2,550,058
2015 51,000,000 $1,535,009 $2,535,009 $o 10 62,535,009 $0 $2,535,009
2014 $1,000,Oa0 $1,S35,009 $2,535,009 SD SO 12,535,009 $0 $2,535,009
2013 $1,000,0aa $1,504,911 12,504,911 to 30 $2,504,911 so $2,504,911
2012 S1,a0D,tw0 f1,504,9i 1 52,504,911 30 30 $2,504,911 50 $2,504,911
SALES HISTORY
DEED GATE SELLER BUYER INSTR rl VOLUMEJPAGE
10!1411994 ROUND ROCI:ISO 1!.CITY ROUND ROCK ISD d CITY - 2671/006
property oviller 11rop.=ri j Aridness 2017 Assessed Value
R349222 ROUND ROCK(5D&CITY 911 LUTHER PLACE,ROUND ROCK,TX 78665 $1,282,525
2018 GENERAL INFORMATION 2017 VALUE INFORMATION
Property Status Active Improvement Homeska Value s0
Properly Type C4 Improvement Nan-Homeslte 51,000,000
Value
Legal Description LUTHER PETERSON SUB,LOT7,ACRES 2,099
Total Improvement Market ;1,000,000
Neighborhood R200t-RrEastCNkother Value
Accaunc R-16-4366-0000-0007 fFrro
rint
Map Number 34327 land HomeskeVaiue miai[on
2018 OVINER 1INFORMATION Land Non-Homeslte Value $2 ;,0„
Owner Name ROUND ROCK 150&CITY Land Agricultural Market arket 60
Owner ID 0425997 v Total Land Market Value 624525
Exemptions Exempt Properly
Percent ownership 100% Total Market Value 31,202,525
Malting Address 1311 ROUND ROCKAVE ROUND ROCKIX70601AS99 Agrkultural Use 40
Total Appraised Value 51,202,525
Homestead Cap Loss -60
Total Assessed Value $1,282,525
2017 ENTITIES&EXEMPTIONS
Special Exemptions EX-Exempt Property
..... _
TAXING ENTITY EXEMPTIONS MAOUNONS�VE.LALUL ;ORAFEPER CEILING
fAX
Ili CAD-Witlarnson CAD $0 f0 0 fl
0 CRR-City of Round Rock 10 $0 0.425 0
tt GWI•W 13amson CO $0 to 0.436529 0
O j01-Aus Comm Call 10 to 0.1008 0
of AFM-Wmsn CO FM/AD $0 $0 0.04 0
tl SRR-Round Rack ISD $0 $0 1.3325 0
tf W09•Upper Why Cr WC&ID N 30 $0 0.019823 0
_1A
TOTALS 2.354652
2017 IMPROVEMENTS v Expand/CallapseAll
Impravement#1 Slate Code Homestte Total Main Area Market Value
XV-Other Exemptions No - $1,000,000
YEAR RECORD TYPE_ 8U T _._ S�' � VALUE INFO
N aL
1 Main Area 1996 $1,000,000 v Details
2017 LAND SEGMENTS
LAND SEGMENT TYPE STATE tgOE HOMESiTE MARKtT VAIUE AG USE LOSS LAND SIZE
w_.__ ...................___ _..
1 Commercial XV•other Exemptions No $282,525 $091.432 Sq.It
TOTALS 91,432 Sq.0:12.090990 acres
VALUC I OSTORY
YEAR IMPROVEMENT^ �LANO .h KET__j AG MARKET AG LOSS M^APPRAISED HS CAP LOSS y AS5ES5E2
2016 #1,000,000 $202,525 41,282,525 30 SO $1,282,525 s0 $1,282,525
2015 $1,000,000 $279,782 $1,279,782 20 so $1,279,782 $0 $1,279,782
2014 $1,000,000 $279,702 $1,279,782 $0 s0 $1,279,782 $0 $1,279,782
2013 $1,000,000 $274,296 $1,274,296 $0 $0 $1,274,296 10 $1,274,296
2012 $1,000,000 5274,296 $1,274,296 SO s0 $1,274,296 $0 $1,274,296
SALES HISTORY
DEED DATE SELLER BUYER INSTA 8 VOLUME/PAGE
{0/14/1994 ROUND ROCK ISO&CITY ROUND ROCK ISD&CITY 2611/006
...........................i
I
I
Properh/ Orntier PropimyAddn+S: 2017A:;essedVA01
8349223 ROUND ROCK ISD&CITY 901 LUTHER PLACE,ROUND ROCK,TX 78665 $797,617
2018 GENERAL INFORMATION 2017 VALUE INFORMATION
Property Status Active Improvement Homesite Value t0
PropertyType C4 Improvement NomHamestte 3300 000
Yalu:
Legal Description LUTHER PETERSON SUB,LOT B,ACRES 3.697
Total Improvement Market $300,000
Neighborhood R2000-1trEast 0ty,Clv1C Value
Account R•16 4360-UNO-0000 Print
Map Number 3.4327 land Hameslte Value Proinformaeton
2018 O'WNEt'ItIFORMATION Land Non-Homesite Value $4 >
Owner Name ROUND RUCK ISD&CITY Land Agricultural Market Value $0
Owner ID 042S997 Total land Market Value 5497,617
Exemptions Exempt Property
Total Market Value $797,617
PercentOwnershlp 100K
Agricultural
Mali ftAddress 1311 ROUND ROCKAVE ROUND ROCK TX78601-4999 sed Use 50
Total Appraised Value $797,611
Homestead Cap Loss to
Total Assessed Value $797,617
2017 ENTITIFS&EXEMPTIONS
SpeciatExemptions IX-Exempt Property
TAXING EMTtiY EXEI+iPTtONS
EXEMPTIONS OLE
_'o RATE PER CE TAX
...
......:_ .,...r:.,:�.._...._...r_,,..,.::. .-�..,_,:.__�AMOU T VALUE
03[A0-WilOarnsan CAO SO so 0 0
Qt CRR.City of Round Rock SO $0 0,425 0
03 GWI•"INamson CO 40 iD 0.436529 0
It1101-AusCommCoN Sfl $0 0.1008 0
Qt RFM-Wmsn CO FMIRD SQ t0 004 0
0 SRR.Round Rack ISO f0 $0 1.3325 0
elWO9•Upper OrshyCrWC61Da 30 $0 0.039823 0
1A
TOTALS 2.35465z
2017 IMPROVEM€WS v Expand/Collapse All
Improvement NI State Code Hamesite Total Main Area Market Value
W-Other Exemptions No - $300,000
RECORD I TYPE 8111LT w5q.1 T VALUE ;$00 L
1 Maki Area 2001 $300,000 w Details
2017 LAND SEGMENTS
LAND SEGMENT TYPE TT STATE CODE HC6MESITE MARKETVALLIEAG USE LOSS LAND SIZE
_ _
i Com.merclal XV-Other Exemptions No $497,617 $0161,041 Sq It
TOTALS 161,041 Sq.R 13.696993 acres
VALUE HISTORY _
YEAR
IMPROVEMENT No� MARRET �AG MARKET AG LOSS APPRAISED H5 CAP LOSS j._ASSESSED
2016 $300,000 $497,617 $797,617 s0 30 $797,617 so $797,617
2015 $300,000 $492,705 $792,785 s0 to $792,795 $0 $792,785
2014 $3W,000 $492,785 $792,785 $0 40 $792,785 t0 $792,785
2013 $300,000 $403,123 $783,123 s0 so 5783,123 so $709,123
20t2 $300,000 $483,123 $783,123 s0 s0 3783,123 30 $783,123
SALES HISTORY
DEED DATE SELEER OUYER INSTRK VOLUMEIPAGE
10/14/1994 ROUND ROCK ISD&C17Y ROUND ROCK ISD&CITY 2671/006
i
E
I
1