2403 HANCOCK AVE TX 78645
| Owner | HUNSBERGER DENNIS R & JUANA R |
|---|---|
| Parcel ID | 0160860507 |
| Short ID | 159729 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 16,310 SF |
| Acres | 0.374 |
| Year Built | — |
| Legal | LOT 18007 HIGHLAND LAKE ESTATES SEC 18 |
| Neighborhood | S04WF |
| Land | $251,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $251,520 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $100,000 |
| Taxable Value | $100,000 |
|---|
| Total Due | $5,138.07 |
|---|---|
| First Delinquent | 2022 |
Appreciation: Market value has risen +59.0% from $62,880 (2021) to $100,000 (2025), a CAGR of 12.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,131. Lago Vista ISD is the largest single contributor, at 47.7% 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 252% of market value ($251,520 land vs $0 improvements), about $15/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 $100,000, this parcel sits in the upper-middle (50th–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 +14.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $251,520 by 2031, with an estimated annual tax burden around $4,267. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $5,138.07 in unpaid taxes since 2022. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $1,016.90 | $1,016.90 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $420.00 | $420.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $375.85 | $375.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $118.02 | $118.02 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $100.00 | $100.00 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $99.97 | $99.97 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $2,130.74 | $2,130.74 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $1,016.90 | 47.7% |
| CLV City of Lago Vista | 0.4200% | $420.00 | 19.7% |
| TCO Travis County | 0.3758% | $375.85 | 17.6% |
| THD Travis Central Health | 0.1180% | $118.02 | 5.5% |
| E01 Travis County ESD # 01 | 0.1000% | $100.00 | 4.7% |
| E07 Travis County ESD # 07 | 0.1000% | $99.97 | 4.7% |
| Total | 2.1307% | $2,130.74 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $125,760 | $100,000 | +25.8% |
| Assessed Value | $120,000 | $100,000 | +20.0% |
| Land Value | $125,760 | $251,520 | -50.0% |
| Improvement Value | — | — | — |
| Taxable Value | $120,000 | $100,000 | +20.0% |
| HS Cap Loss | -$5,760 | — | |
| Total Tax 2026 = estimate |
~$2,557
Estimated
|
~$2,131
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $125,760 | $125,760 | — | −$5,760 | $120,000 | $120,000 | Not yet — post-cert | Preliminary |
| 2025 | $100,000 | $251,520 | — | — | $100,000 | $100,000 | ~$2,131 | Partial |
| 2024 | $251,520 | $251,520 | — | −$131,520 | $120,000 | $120,000 | $2,083 | Verified |
| 2023 | $100,000 | $419,200 | — | — | $100,000 | $100,000 | $2,023 | Verified |
| 2022 | $419,200 | $419,200 | — | — | $419,200 | $419,200 | $2,208 | Verified |
| 2021 | $62,880 | $62,880 | — | — | $62,880 | $62,880 | $1,558 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.8% | +20.0% | 95.4% | Not available | Partial |
| 2025 | -60.2% | -16.7% | ~100% | Not available | Partial |
| 2024 | +151.5% ! | +20.0% | 47.7% | No billing data | Verified |
| 2023 | -76.1% ! | -76.1% | ~100% | No billing data | Verified |
| 2022 | +566.7% ! | +566.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +59.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.8% | +121.5% | +14.9% | +566.7% | 2022 | -76.1% | 2023 |
| Assessment Ratio | 95.4% | 90.5% | — | 100.0% | 2021 | 47.7% | 2024 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,131 | $2,001 | ~$3,587 | $2,208 | 2022 | $1,558 | 2021 |
Market value changed by 567% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$144,460 | ~$144,460 | ~2.0439% | ~$2,953 | +14.9% |
| 2028 | ~$165,941 | ~$165,941 | ~1.9570% | ~$3,247 | +32.0% |
| 2029 | ~$190,617 | ~$190,617 | ~1.8702% | ~$3,565 | +51.6% |
| 2030 | ~$218,961 | ~$218,961 | ~1.7833% | ~$3,905 | +74.1% |
| 2031 | ~$251,520 | ~$251,520 | ~1.6964% | ~$4,267 | +100.0% |
| 2027 | ~$141,945 | ~$141,945 | ~2.1307% | ~$3,024 | +12.9% |
| 2028 | ~$160,213 | ~$160,213 | ~2.1307% | ~$3,414 | +27.4% |
| 2029 | ~$180,832 | ~$180,832 | ~2.1307% | ~$3,853 | +43.8% |
| 2030 | ~$204,105 | ~$204,105 | ~2.1307% | ~$4,349 | +62.3% |
| 2031 | ~$230,373 | ~$230,373 | ~2.1307% | ~$4,909 | +83.2% |
| 2027 | ~$146,976 | ~$146,976 | ~2.0004% | ~$2,940 | +16.9% |
| 2028 | ~$171,770 | ~$171,770 | ~1.8702% | ~$3,212 | +36.6% |
| 2029 | ~$200,747 | ~$200,747 | ~1.7399% | ~$3,493 | +59.6% |
| 2030 | ~$234,613 | ~$234,613 | ~1.6096% | ~$3,776 | +86.6% |
| 2031 | ~$274,192 | ~$274,192 | ~1.4793% | ~$4,056 | +118.0% |
In 2025, this property's market value of $100,000 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — +18% above 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 | $100,000 | $24,862 | $84,423 | $362,804 | ↑ Above median | +2.1% |
| 2024 | $251,520 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $100,000 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $419,200 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $62,880 | $8,000 | $22,000 | $81,900 | ↑ Above median | base yr |
| 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 | 2021–2024 | 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 | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |