HAMILTON POOL RD TX 78738
| Owner | GARTH DAVID B & CANICE H |
|---|---|
| Parcel ID | 0118770447 |
| Short ID | 359915 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | 2,612 SF |
| Land SF | 96,965 SF |
| Acres | 2.226 |
| Year Built | 1995 |
| Legal | 0.726 AC OF LOT 1 WOODHAVEN SUBD |
| Neighborhood | _RGN220 |
| Land | $471,583 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $471,583 |
| Improvement | $541,498 |
|---|---|
| Total Improvement | $541,498 |
| Market | $1,013,081 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,013,081 |
| Value Limitation Adjustment (−) (homestead cap) | −$16,698 |
| Net Appraised (assessed) | $996,383 |
| Taxable Value | $996,383 |
|---|
Appreciation: Market value has risen +223.5% from $313,149 (2021) to $1,013,081 (2025), a CAGR of 34.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,380. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Assessment Gap: Assessed value ($996,383) is $16,698 below market value, suggesting potential for an upward assessment in future years.
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 47% of market value ($471,583 land vs $541,498 improvements), about $5/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,013,081, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, 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 +34.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,395,523 by 2030, with an estimated annual tax burden around $22,864. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,612 SF | ✗ |
| 1ST | 1st Floor | 2,048 SF | ✓ |
| 1/2 | Half Floor | 564 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 560 SF | ✗ |
| 512 | DECK UNCOVRED | 435 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 336 SF | ✓ |
| 571 | STORAGE DET | 192 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
| 522 | FIREPLACE | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 359915 | GARTH DAVID B & CANICE H | 5115 TWIN ACRES DR 78738 | $1,014,704 | $1,014,704 | $811,763 |
| 374828 | GARTH DAVID B & CANICE H | 0.726 AC OF LOT 1 WOODHAVEN SUBD | — | — | — |
Market value changed by 87% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $10,359.39 | $10,359.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,744.86 | $3,744.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,175.96 | $1,175.96 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $900.73 | $900.73 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $199.28 | $199.28 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $16,380.22 | $16,380.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,014,704 | $1,013,081 | +0.2% |
| Assessed Value | $1,014,704 | $996,383 | +1.8% |
| Land Value | $526,691 | $471,583 | +11.7% |
| Improvement Value | $488,013 | $541,498 | -9.9% |
| Taxable Value | $811,763 | $996,383 | -18.5% |
| Exemptions | HS | None | |
| Total Tax 2026 = estimate |
~$13,345
Estimated
|
~$16,380
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,014,704 | $1,014,704 | +0 (+0.0%) |
| Taxable Value | $811,763 | $811,763 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,014,704 | $526,691 | $488,013 | — | $1,014,704 | $811,763 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,013,081 | $471,583 | $541,498 | −$16,698 | $996,383 | $996,383 | ~$16,380 | Partial |
| 2024 | $722,528 | — | — | −$247,195 | $475,333 | $— | $14,922 | Verified |
| 2023 | $681,630 | — | — | −$473,550 | $208,080 | $— | $12,353 | Verified |
| 2022 | $446,804 | — | — | −$238,724 | $208,080 | $— | $12,839 | Verified |
| 2021 | $313,149 | — | — | −$112,126 | $201,023 | $— | $9,057 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | — | — | — | Not available | — |
| 2025 | +0.0% | +20.0% | 83.4% | Not available | Partial |
| 2024 | +72.7% | +20.0% | 69.5% | 1.5700% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.5800% | Verified |
| 2022 | -87.0% ! | -87.0% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 2.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -77.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +28.3% | +34.1% | +52.6% | 2023 | +0.2% | 2026 |
| Assessment Ratio | 100.0% | 67.6% | — | 100.0% | 2026 | 30.5% | 2023 |
| Effective Tax Rate (2025) | 1.3700% | 1.3700% | — | 1.3700% | 2025 | 1.3700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,380 | $13,110 | ~$20,130 | $16,380 | 2025 | $9,057 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,358,681 | ~$1,096,021 | ~1.6001% | ~$17,538 | +34.1% |
| 2027 | ~$1,822,178 | ~$1,205,623 | ~1.5563% | ~$18,763 | +79.9% |
| 2028 | ~$2,443,791 | ~$1,326,186 | ~1.5125% | ~$20,058 | +141.2% |
| 2029 | ~$3,277,459 | ~$1,458,804 | ~1.4687% | ~$21,425 | +223.5% |
| 2030 | ~$4,395,523 | ~$1,604,685 | ~1.4248% | ~$22,864 | +333.9% |
| 2026 | ~$1,338,419 | ~$1,096,021 | ~1.6440% | ~$18,018 | +32.1% |
| 2027 | ~$1,768,236 | ~$1,205,623 | ~1.6440% | ~$19,820 | +74.5% |
| 2028 | ~$2,336,082 | ~$1,326,186 | ~1.6440% | ~$21,802 | +130.6% |
| 2029 | ~$3,086,286 | ~$1,458,804 | ~1.6440% | ~$23,982 | +204.6% |
| 2030 | ~$4,077,408 | ~$1,604,685 | ~1.6440% | ~$26,380 | +302.5% |
| 2026 | ~$1,378,942 | ~$1,096,021 | ~1.5782% | ~$17,298 | +36.1% |
| 2027 | ~$1,876,930 | ~$1,205,623 | ~1.5125% | ~$18,235 | +85.3% |
| 2028 | ~$2,554,760 | ~$1,326,186 | ~1.4467% | ~$19,186 | +152.2% |
| 2029 | ~$3,477,379 | ~$1,458,804 | ~1.3810% | ~$20,146 | +243.2% |
| 2030 | ~$4,733,191 | ~$1,604,685 | ~1.3153% | ~$21,106 | +367.2% |
In 2025, this property's market value of $1,013,081 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 12× the county median of $85,028. 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 | $1,013,081 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $722,528 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $681,630 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $446,804 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $313,149 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |
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.