17217 MORNING GROVE LN 78738
| Owner | PATEL PARAG & KREENA |
|---|---|
| Parcel ID | 0123880301 |
| Short ID | 953047 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,999 SF |
| Land SF | 34,783 SF |
| Acres | 0.799 |
| Year Built | 2022 |
| Legal | LOT 5 BLK E MADRONE CANYON |
| Neighborhood | P5180 |
| Land | $561,973 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $561,973 |
| Improvement | $2,216,673 |
|---|---|
| Total Improvement | $2,216,673 |
| Market | $2,778,646 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,778,646 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,778,646 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $2,778,646 |
Appreciation: Market value has risen +1135.0% from $225,000 (2022) to $2,778,646 (2025), a CAGR of 131.1% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→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 +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 $72,911. Lazy Nine MUD #1A is the largest single contributor, at 44.2% 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 20% of market value ($561,973 land vs $2,216,673 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 $2,778,646, 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 +81.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $48,947,185 by 2031, with an estimated annual tax burden around $95,310. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,999 SF | ✗ |
| 1ST | 1st Floor | 3,272 SF | ✓ |
| 2ND | 2nd Floor | 1,727 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 870 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 691 SF | ✗ |
| 581 | STORAGE ATT | 24 SF | ✓ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 250 | HALF BATHROOM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $27,786.46 | $27,786.46 | Paid |
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $21,656.09 | $21,656.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,354.72 | $8,354.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,623.55 | $2,623.55 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,511.87 | $2,511.87 | Paid |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $62,932.69 | $62,932.69 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| U5L Lazy Nine MUD #1A | 1.0000% | $27,786.46 | 44.2% |
| ILT Lake Travis ISD | 1.0397% | $21,656.09 | 34.4% |
| TCO Travis County | 0.3758% | $8,354.72 | 13.3% |
| THD Travis Central Health | 0.1180% | $2,623.55 | 4.2% |
| E06 Travis County ESD # 06 | 0.0904% | $2,511.87 | 4.0% |
| Total | 2.6240% | $62,932.69 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,460,886 | $2,778,646 | -11.4% |
| Assessed Value | $2,460,886 | $2,778,646 | -11.4% |
| Land Value | $303,913 | $561,973 | -45.9% |
| Improvement Value | $2,156,973 | $2,216,673 | -2.7% |
| Taxable Value | $2,460,886 | $2,778,646 | -11.4% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$64,573
Estimated
|
~$62,933
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,460,886 | $303,913 | $2,156,973 | — | $2,460,886 | $2,460,886 | Not yet — post-cert | Preliminary |
| 2025 | $2,778,646 | $561,973 | $2,216,673 | — | $2,778,646 | $2,778,646 | ~$62,933 | Partial |
| 2024 | $1,200,000 | $561,973 | $638,027 | — | $1,200,000 | $1,200,000 | $31,267 | Verified |
| 2023 | $415,220 | $519,025 | — | — | $415,220 | $415,220 | $9,515 | 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 | -11.4% | -11.4% | ~100% | Not available | Partial |
| 2025 | +131.6% ! | +131.6% | ~100% | Not available | Partial |
| 2024 | +189.0% ! | +189.0% | ~100% | No billing data | Verified |
| 2023 | +84.5% ! | +84.5% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1135.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.4% | +98.4% | +81.9% | +189.0% | 2024 | -11.4% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.2600% | 2.2600% | — | 2.2600% | 2025 | 2.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$62,933 | $27,456 | ~$82,108 | $62,933 | 2025 | $6,110 | 2022 |
Market value changed by 85% 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 | ~$4,475,265 | ~$2,706,975 | ~2.5801% | ~$69,844 | +81.9% |
| 2028 | ~$8,138,530 | ~$2,977,672 | ~2.5363% | ~$75,523 | +230.7% |
| 2029 | ~$14,800,392 | ~$3,275,439 | ~2.4925% | ~$81,640 | +501.4% |
| 2030 | ~$26,915,377 | ~$3,602,983 | ~2.4487% | ~$88,225 | +993.7% |
| 2031 | ~$48,947,185 | ~$3,963,282 | ~2.4048% | ~$95,310 | +1889.0% |
| 2027 | ~$4,426,047 | ~$2,706,975 | ~2.6240% | ~$71,030 | +79.9% |
| 2028 | ~$7,960,504 | ~$2,977,672 | ~2.6240% | ~$78,133 | +223.5% |
| 2029 | ~$14,317,431 | ~$3,275,439 | ~2.6240% | ~$85,946 | +481.8% |
| 2030 | ~$25,750,736 | ~$3,602,983 | ~2.6240% | ~$94,541 | +946.4% |
| 2031 | ~$46,314,201 | ~$3,963,282 | ~2.6240% | ~$103,995 | +1782.0% |
| 2027 | ~$4,524,483 | ~$2,706,975 | ~2.5582% | ~$69,251 | +83.9% |
| 2028 | ~$8,318,525 | ~$2,977,672 | ~2.4925% | ~$74,218 | +238.0% |
| 2029 | ~$15,294,094 | ~$3,275,439 | ~2.4267% | ~$79,486 | +521.5% |
| 2030 | ~$28,119,085 | ~$3,602,983 | ~2.3610% | ~$85,066 | +1042.6% |
| 2031 | ~$51,698,579 | ~$3,963,282 | ~2.2953% | ~$90,968 | +2000.8% |
In 2025, this property's market value of $2,778,646 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 33× 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 | $2,778,646 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,200,000 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $415,220 | $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 | — |