WELLS RD TX 78653
| Owner | HJALMAR LLC |
|---|---|
| Parcel ID | 0259990305 |
| Short ID | 264085 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,966 SF |
| Land SF | 3,463,020 SF |
| Acres | 79.500 |
| Year Built | 1984 |
| Legal | ABS 518 SUR 65 MARTIN H ACR 78.50 (1-D-1) |
| Neighborhood | _RGN320 |
| Land | $2,846,733 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,846,733 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,846,733 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,846,733 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,821,370 |
| Net Appraised (assessed) | $25,363 |
| Taxable Value | $25,363 |
|---|
Appreciation: Market value has risen +391.4% from $579,286 (2021) to $2,846,733 (2025), a CAGR of 48.9% 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 4 taxing entities is 0.6973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $177. Travis County is the largest single contributor, at 53.9% of the total 2025 levy.
Assessment Gap: Assessed value ($25,363) is $2,821,370 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 100% of market value ($2,846,733 land vs $0 improvements), about $1/SF of land. With value concentrated in the land under a ~42-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,846,733, 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 +27.8% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,012,557 by 2031, with an estimated annual tax burden around $304. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,966 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,966 SF | ✗ |
| 051 | CARPORT DET 1ST | 484 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 418 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 208 SF | ✗ |
| 251 | BATHROOM | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $95.33 | $95.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29.93 | $29.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $26.23 | $26.23 | Paid |
| E13 Travis County ESD # 13 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $25.36 | $25.36 | Paid |
| Combined Rate | 0.6740% | 0.6156% | 0.6039% | 0.6537% | 0.6973% | +0.0436% | $176.85 | $176.85 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| TCO Travis County | 0.3758% | $95.33 | 53.9% |
| THD Travis Central Health | 0.1180% | $29.93 | 16.9% |
| ACT Austin Community College | 0.1034% | $26.23 | 14.8% |
| E13 Travis County ESD # 13 | 0.1000% | $25.36 | 14.3% |
| Total | 0.6973% | $176.85 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,355,000 | $2,846,733 | -17.3% |
| Assessed Value | $26,024 | $25,363 | +2.6% |
| Land Value | $2,355,000 | $2,846,733 | -17.3% |
| Improvement Value | — | — | — |
| Taxable Value | $26,024 | $25,363 | +2.6% |
| HS Cap Loss | -$2,328,976 | — | |
| Total Tax 2026 = estimate |
~$181
Estimated
|
~$177
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,355,000 | $2,355,000 | — | −$2,328,976 | $26,024 | $26,024 | Not yet — post-cert | Preliminary |
| 2025 | $2,846,733 | $2,846,733 | — | −$2,821,370 | $25,363 | $25,363 | ~$177 | Partial |
| 2024 | $2,846,733 | $2,846,733 | — | −$2,823,524 | $23,209 | $23,209 | $2,363 | Verified |
| 2023 | $884,233 | $884,233 | — | −$858,463 | $25,770 | $25,770 | $1,964 | Verified |
| 2022 | $884,233 | $884,233 | — | −$857,926 | $26,307 | $26,307 | $1,906 | Verified |
| 2021 | $579,286 | — | — | −$552,463 | $26,823 | $26,823 | $1,422 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.3% | +2.6% | 1.1% | Not available | Partial |
| 2025 | +0.0% | +9.3% | 0.9% | Not available | Partial |
| 2024 | +221.9% ! | -9.9% | 0.8% | No billing data | Verified |
| 2023 | +0.0% | -2.0% | 2.9% | No billing data | Verified |
| 2022 | +52.6% | -1.9% | 3.0% | No billing data | Verified |
| 2021 | base year | — | 4.6% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +391.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.3% | +51.4% | +27.7% | +221.9% | 2024 | -17.3% | 2026 |
| Assessment Ratio | 1.1% | 2.2% | — | 4.6% | 2021 | 0.8% | 2024 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$177 | $1,566 | ~$250 | $2,363 | 2024 | $177 | 2025 |
Market value changed by 222% 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 | ~$3,008,479 | ~$28,626 | ~0.7031% | ~$201 | +27.7% |
| 2028 | ~$3,843,289 | ~$31,489 | ~0.7089% | ~$223 | +63.2% |
| 2029 | ~$4,909,746 | ~$34,638 | ~0.7147% | ~$248 | +108.5% |
| 2030 | ~$6,272,131 | ~$38,102 | ~0.7206% | ~$275 | +166.3% |
| 2031 | ~$8,012,557 | ~$41,912 | ~0.7264% | ~$304 | +240.2% |
| 2027 | ~$2,961,379 | ~$28,626 | ~0.6973% | ~$200 | +25.7% |
| 2028 | ~$3,723,892 | ~$31,489 | ~0.6973% | ~$220 | +58.1% |
| 2029 | ~$4,682,740 | ~$34,638 | ~0.6973% | ~$242 | +98.8% |
| 2030 | ~$5,888,479 | ~$38,102 | ~0.6973% | ~$266 | +150.0% |
| 2031 | ~$7,404,678 | ~$41,912 | ~0.6973% | ~$292 | +214.4% |
| 2027 | ~$3,055,579 | ~$28,626 | ~0.7060% | ~$202 | +29.7% |
| 2028 | ~$3,964,570 | ~$31,489 | ~0.7147% | ~$225 | +68.3% |
| 2029 | ~$5,143,973 | ~$34,638 | ~0.7235% | ~$251 | +118.4% |
| 2030 | ~$6,674,231 | ~$38,102 | ~0.7322% | ~$279 | +183.4% |
| 2031 | ~$8,659,719 | ~$41,912 | ~0.7409% | ~$311 | +267.7% |
In 2025, this property's market value of $2,846,733 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 | $2,846,733 | $179,824 | $561,432 | $1,355,511 | ↑ Top 25% | +0.0% |
| 2024 | $2,846,733 | $193,498 | $574,650 | $1,361,070 | ↑ Top 25% | +23.7% |
| 2023 | $884,233 | $150,007 | $423,072 | $1,000,412 | ↑ Above median | +0.0% |
| 2022 | $884,233 | $166,375 | $416,994 | $932,726 | ↑ Above median | +46.1% |
| 2021 | $579,286 | $105,498 | $286,444 | $607,111 | ↑ 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 |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |