17212 MORNING GROVE LN 78738
| Owner | KAY NEIL & ANJOU AHLBORN |
|---|---|
| Parcel ID | 0123880201 |
| Short ID | 953067 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,661 SF |
| Land SF | 36,028 SF |
| Acres | 0.827 |
| Year Built | 2022 |
| Legal | LOT 6 BLK D MADRONE CANYON |
| Neighborhood | P5180 |
| Land | $560,017 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $560,017 |
| Improvement | $1,681,810 |
|---|---|
| Total Improvement | $1,681,810 |
| Market | $2,241,827 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,241,827 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,241,827 |
| Taxable Value | $2,241,827 |
|---|
Appreciation: Market value has risen +896.4% from $225,000 (2022) to $2,241,827 (2025), a CAGR of 115.2% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +53.5%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.6240% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $58,825. Lake Travis ISD is the largest single contributor, at 39.6% 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 25% of market value ($560,017 land vs $1,681,810 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,241,827, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, 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 +82.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $50,270,703 by 2031, with an estimated annual tax burden around $96,447. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,661 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 4,661 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 1,060 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 975 SF | ✓ |
| 513 | DECK COVERED | 630 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $22,724.04 | $22,724.04 | Paid |
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $21,856.34 | $21,856.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,214.60 | $8,214.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,579.55 | $2,579.55 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,975.79 | $1,975.79 | Paid |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $57,350.32 | $57,350.32 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $22,724.04 | 39.6% |
| U5L Lazy Nine MUD #1A | 1.0000% | $21,856.34 | 38.1% |
| TCO Travis County | 0.3758% | $8,214.60 | 14.3% |
| THD Travis Central Health | 0.1180% | $2,579.55 | 4.5% |
| E06 Travis County ESD # 06 | 0.0904% | $1,975.79 | 3.4% |
| Total | 2.6240% | $57,350.32 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,490,241 | $2,241,827 | +11.1% |
| Assessed Value | $2,490,241 | $2,241,827 | +11.1% |
| Land Value | $310,142 | $560,017 | -44.6% |
| Improvement Value | $2,180,099 | $1,681,810 | +29.6% |
| Taxable Value | $2,490,241 | $2,241,827 | +11.1% |
| Total Tax 2026 = estimate |
~$65,343
Estimated
|
~$57,350
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,490,241 | $310,142 | $2,180,099 | — | $2,490,241 | $2,490,241 | Not yet — post-cert | Preliminary |
| 2025 | $2,241,827 | $560,017 | $1,681,810 | — | $2,241,827 | $2,241,827 | ~$57,350 | Partial |
| 2024 | $2,442,189 | $560,017 | $1,882,172 | — | $2,442,189 | $2,442,189 | $63,634 | Verified |
| 2023 | $430,092 | $537,615 | — | — | $430,092 | $430,092 | $11,021 | Verified |
| 2022 | $225,000 | $225,000 | — | — | $225,000 | $225,000 | $6,110 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2025 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2024 | +467.8% ! | +467.8% | ~100% | No billing data | Verified |
| 2023 | +91.2% ! | +91.2% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +896.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.1% | +140.5% | +82.4% | +467.8% | 2024 | -8.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.5600% | 2.5600% | — | 2.5600% | 2025 | 2.5600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$57,350 | $34,529 | ~$83,088 | $63,634 | 2024 | $6,110 | 2022 |
Market value changed by 91% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,542,094 | ~$2,739,265 | ~2.5801% | ~$70,677 | +82.4% |
| 2028 | ~$8,284,586 | ~$3,013,192 | ~2.5363% | ~$76,424 | +232.7% |
| 2029 | ~$15,110,733 | ~$3,314,511 | ~2.4925% | ~$82,614 | +506.8% |
| 2030 | ~$27,561,334 | ~$3,645,962 | ~2.4487% | ~$89,277 | +1006.8% |
| 2031 | ~$50,270,703 | ~$4,010,558 | ~2.4048% | ~$96,447 | +1918.7% |
| 2027 | ~$4,492,289 | ~$2,739,265 | ~2.6240% | ~$71,877 | +80.4% |
| 2028 | ~$8,103,898 | ~$3,013,192 | ~2.6240% | ~$79,065 | +225.4% |
| 2029 | ~$14,619,088 | ~$3,314,511 | ~2.6240% | ~$86,972 | +487.1% |
| 2030 | ~$26,372,214 | ~$3,645,962 | ~2.6240% | ~$95,669 | +959.0% |
| 2031 | ~$47,574,353 | ~$4,010,558 | ~2.6240% | ~$105,236 | +1810.4% |
| 2027 | ~$4,591,899 | ~$2,739,265 | ~2.5582% | ~$70,077 | +84.4% |
| 2028 | ~$8,467,266 | ~$3,013,192 | ~2.4925% | ~$75,103 | +240.0% |
| 2029 | ~$15,613,278 | ~$3,314,511 | ~2.4267% | ~$80,435 | +527.0% |
| 2030 | ~$28,790,222 | ~$3,645,962 | ~2.3610% | ~$86,081 | +1056.1% |
| 2031 | ~$53,087,945 | ~$4,010,558 | ~2.2953% | ~$92,053 | +2031.8% |
In 2025, this property's market value of $2,241,827 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 27× the county median of $84,423. 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 | $2,241,827 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $2,442,189 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $430,092 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $225,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2022–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |