17216 MORNING GROVE LN 78738
| Owner | ADB MADRONE D5 LLC |
|---|---|
| Parcel ID | 0123880202 |
| Short ID | 953068 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,410 SF |
| Land SF | 31,150 SF |
| Acres | 0.715 |
| Year Built | 2023 |
| Legal | LOT 5 BLK D MADRONE CANYON |
| Neighborhood | P5180 |
| Land | $536,325 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $536,325 |
| Improvement | $1,580,171 |
|---|---|
| Total Improvement | $1,580,171 |
| Market | $2,116,496 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,116,496 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,116,496 |
| Taxable Value | $2,116,496 |
|---|
Appreciation: Market value has risen +840.7% from $225,000 (2022) to $2,116,496 (2025), a CAGR of 111.1% 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 $55,536. 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 ($536,325 land vs $1,580,171 improvements), about $17/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,116,496, 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 +79.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $42,730,728 by 2031, with an estimated annual tax burden around $89,727. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,410 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 4,410 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 1,121 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 361 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 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% | $21,409.28 | $21,409.28 | Paid |
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $20,591.79 | $20,591.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,739.32 | $7,739.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,430.30 | $2,430.30 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,861.48 | $1,861.48 | Paid |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $54,032.17 | $54,032.17 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $21,409.28 | 39.6% |
| U5L Lazy Nine MUD #1A | 1.0000% | $20,591.79 | 38.1% |
| TCO Travis County | 0.3758% | $7,739.32 | 14.3% |
| THD Travis Central Health | 0.1180% | $2,430.30 | 4.5% |
| E06 Travis County ESD # 06 | 0.0904% | $1,861.48 | 3.4% |
| Total | 2.6240% | $54,032.17 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,316,727 | $2,116,496 | +9.5% |
| Assessed Value | $2,316,727 | $2,116,496 | +9.5% |
| Land Value | $285,749 | $536,325 | -46.7% |
| Improvement Value | $2,030,978 | $1,580,171 | +28.5% |
| Taxable Value | $2,316,727 | $2,116,496 | +9.5% |
| Total Tax 2026 = estimate |
~$60,790
Estimated
|
~$54,032
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,316,727 | $285,749 | $2,030,978 | — | $2,316,727 | $2,316,727 | Not yet — post-cert | Preliminary |
| 2025 | $2,116,496 | $536,325 | $1,580,171 | — | $2,116,496 | $2,116,496 | ~$54,032 | Partial |
| 2024 | $1,731,612 | $536,325 | $1,195,287 | — | $1,731,612 | $1,731,612 | $45,119 | Verified |
| 2023 | $371,852 | $464,815 | — | — | $371,852 | $371,852 | $9,529 | 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 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2025 | +22.2% | +22.2% | ~100% | Not available | Partial |
| 2024 | +365.7% ! | +365.7% | ~100% | No billing data | Verified |
| 2023 | +65.3% | +65.3% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +840.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.5% | +115.7% | +79.1% | +365.7% | 2024 | +9.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.5500% | 2.5500% | — | 2.5500% | 2025 | 2.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$54,032 | $28,698 | ~$77,298 | $54,032 | 2025 | $6,110 | 2022 |
Market value changed by 366% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,149,999 | ~$2,548,400 | ~2.5801% | ~$65,752 | +79.1% |
| 2028 | ~$7,433,974 | ~$2,803,240 | ~2.5363% | ~$71,099 | +220.9% |
| 2029 | ~$13,316,623 | ~$3,083,564 | ~2.4925% | ~$76,857 | +474.8% |
| 2030 | ~$23,854,329 | ~$3,391,920 | ~2.4487% | ~$83,056 | +929.7% |
| 2031 | ~$42,730,728 | ~$3,731,112 | ~2.4048% | ~$89,727 | +1744.4% |
| 2027 | ~$4,103,664 | ~$2,548,400 | ~2.6240% | ~$66,869 | +77.1% |
| 2028 | ~$7,268,901 | ~$2,803,240 | ~2.6240% | ~$73,556 | +213.8% |
| 2029 | ~$12,875,546 | ~$3,083,564 | ~2.6240% | ~$80,912 | +455.8% |
| 2030 | ~$22,806,708 | ~$3,391,920 | ~2.6240% | ~$89,003 | +884.4% |
| 2031 | ~$40,397,970 | ~$3,731,112 | ~2.6240% | ~$97,903 | +1643.8% |
| 2027 | ~$4,196,333 | ~$2,548,400 | ~2.5582% | ~$65,194 | +81.1% |
| 2028 | ~$7,600,901 | ~$2,803,240 | ~2.4925% | ~$69,870 | +228.1% |
| 2029 | ~$13,767,660 | ~$3,083,564 | ~2.4267% | ~$74,830 | +494.3% |
| 2030 | ~$24,937,633 | ~$3,391,920 | ~2.3610% | ~$80,083 | +976.4% |
| 2031 | ~$45,170,025 | ~$3,731,112 | ~2.2953% | ~$85,639 | +1849.7% |
In 2025, this property's market value of $2,116,496 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 25× 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 | $2,116,496 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,731,612 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $371,852 | $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 | — |