HILL LN TX 78653
| Owner | DG MANOR DOWNS PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0242500112 |
| Short ID | 247972 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Productivity |
| Improvement SF | — |
| Land SF | 974,786 SF |
| Acres | 22.378 |
| Year Built | — |
| Legal | ABS 732 SUR 51 SANDERS R G ACR 22.3780 (1-D-1) |
| Neighborhood | _AACRE |
| Land | $2,237,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,237,800 |
| Improvement | $318,207 |
|---|---|
| Total Improvement | $318,207 |
| Market | $2,556,007 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,556,007 |
| Value Limitation Adjustment (−) (homestead cap) | −$486,573 |
| Net Appraised (assessed) | $2,069,434 |
| Taxable Value | $2,069,434 |
|---|
Appreciation: Market value has risen +158.3% from $989,547 (2021) to $2,556,007 (2025), a CAGR of 26.8% over 4 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 Agricultural parcel countywide rose +96.0%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7787% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $36,808. Manor ISD is the largest single contributor, at 60.8% of the total 2025 levy.
Assessment Gap: Assessed value ($2,069,434) is $486,573 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 88% of market value ($2,237,800 land vs $318,207 improvements), about $2/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 $2,556,007, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $561,432 (P25 $179,824 / P75 $1,355,511, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +30.2% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,548,081 by 2031, with an estimated annual tax burden around $58,773. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 298 | LIGHT UTILITY BLDG | 17,102 SF | ✓ |
| 531 | OBS FENCE | 2,870 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $22,378.86 | $22,378.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,777.86 | $7,777.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,442.41 | $2,442.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,139.79 | $2,139.79 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $2,069.43 | $2,069.43 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $36,808.35 | $36,808.35 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $22,378.86 | 60.8% |
| TCO Travis County | 0.3758% | $7,777.86 | 21.1% |
| THD Travis Central Health | 0.1180% | $2,442.41 | 6.6% |
| ACT Austin Community College | 0.1034% | $2,139.79 | 5.8% |
| E12 Travis County ESD # 12 | 0.1000% | $2,069.43 | 5.6% |
| Total | 1.7787% | $36,808.35 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,556,007 | $2,556,007 | +0.0% |
| Assessed Value | $2,483,321 | $2,069,434 | +20.0% |
| Land Value | $2,237,800 | $2,237,800 | +0.0% |
| Improvement Value | $318,207 | $318,207 | +0.0% |
| Taxable Value | $2,483,321 | $2,069,434 | +20.0% |
| HS Cap Loss | -$72,686 | — | |
| Total Tax 2026 = estimate |
~$44,170
Estimated
|
~$36,808
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,556,007 | $2,237,800 | $318,207 | −$72,686 | $2,483,321 | $2,483,321 | Not yet — post-cert | Preliminary |
| 2025 | $2,556,007 | $2,237,800 | $318,207 | −$486,573 | $2,069,434 | $2,069,434 | ~$36,808 | Partial |
| 2024 | $2,556,007 | $2,237,800 | $318,207 | −$831,479 | $1,724,528 | $1,724,528 | $29,923 | Verified |
| 2023 | $1,437,107 | $1,118,900 | $318,207 | — | $1,437,107 | $1,437,107 | $24,262 | Verified |
| 2022 | $890,592 | $671,340 | $219,252 | −$668,263 | $222,329 | $222,329 | $12,481 | Verified |
| 2021 | $989,547 | — | $318,207 | −$668,226 | $321,321 | $321,321 | $12,870 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 97.2% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 81.0% | Not available | Partial |
| 2024 | +77.9% ! | +20.0% | 67.5% | No billing data | Verified |
| 2023 | +61.4% | +546.4% | ~100% | No billing data | Verified |
| 2022 | -10.0% | -30.8% | 25.0% | No billing data | Verified |
| 2021 | base year | — | 32.5% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +158.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +25.9% | +30.2% | +77.9% | 2024 | -10.0% | 2022 |
| Assessment Ratio | 97.2% | 67.2% | — | 100.0% | 2023 | 25.0% | 2022 |
| Effective Tax Rate (2025) | 1.4400% | 1.4400% | — | 1.4400% | 2025 | 1.4400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,808 | $23,269 | ~$52,748 | $36,808 | 2025 | $12,481 | 2022 |
Market value changed by 78% 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 | ~$3,326,847 | ~$2,731,653 | ~1.7168% | ~$46,898 | +30.2% |
| 2028 | ~$4,330,157 | ~$3,004,818 | ~1.6550% | ~$49,730 | +69.4% |
| 2029 | ~$5,636,045 | ~$3,305,300 | ~1.5932% | ~$52,660 | +120.5% |
| 2030 | ~$7,335,763 | ~$3,635,830 | ~1.5314% | ~$55,678 | +187.0% |
| 2031 | ~$9,548,081 | ~$3,999,413 | ~1.4695% | ~$58,773 | +273.6% |
| 2027 | ~$3,275,727 | ~$2,731,653 | ~1.7787% | ~$48,587 | +28.2% |
| 2028 | ~$4,198,106 | ~$3,004,818 | ~1.7787% | ~$53,446 | +64.2% |
| 2029 | ~$5,380,208 | ~$3,305,300 | ~1.7787% | ~$58,790 | +110.5% |
| 2030 | ~$6,895,166 | ~$3,635,830 | ~1.7787% | ~$64,669 | +169.8% |
| 2031 | ~$8,836,705 | ~$3,999,413 | ~1.7787% | ~$71,136 | +245.7% |
| 2027 | ~$3,377,967 | ~$2,731,653 | ~1.6859% | ~$46,054 | +32.2% |
| 2028 | ~$4,464,253 | ~$3,004,818 | ~1.5932% | ~$47,872 | +74.7% |
| 2029 | ~$5,899,867 | ~$3,305,300 | ~1.5004% | ~$49,594 | +130.8% |
| 2030 | ~$7,797,146 | ~$3,635,830 | ~1.4077% | ~$51,182 | +205.1% |
| 2031 | ~$10,304,551 | ~$3,999,413 | ~1.3150% | ~$52,591 | +303.2% |
In 2025, this property's market value of $2,556,007 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 5× the county median of $561,432. Agricultural here is the broad TCAD category — every agricultural 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 | $2,556,007 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $2,556,007 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $1,437,107 | $150,007 | $423,072 | $1,000,412 | ↑ Top 25% | +0.0% |
| 2022 | $890,592 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $989,547 | $105,498 | $286,444 | $607,111 | ↑ Top 25% | 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 |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |