6305 MADRONE TREE LN 78738
| Owner | UDEZUE OJIAKONOBI & EZINNE |
|---|---|
| Parcel ID | 0121880206 |
| Short ID | 953059 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 6,654 SF |
| Land SF | 52,372 SF |
| Acres | 1.202 |
| Year Built | 2022 |
| Legal | LOT 9 BLK E MADRONE CANYON |
| Neighborhood | P5180 |
| Land | $622,699 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $622,699 |
| Improvement | $2,425,893 |
|---|---|
| Total Improvement | $2,425,893 |
| Market | $3,048,592 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,048,592 |
| Value Limitation Adjustment (−) (homestead cap) | −$219,382 |
| Net Appraised (assessed) | $2,829,210 |
| Taxable Value | $2,829,210 |
|---|
| Total Due | $31,651.37 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +290.1% from $781,495 (2024) to $3,048,592 (2025), a CAGR of 290.1% over 1 year. 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 +28.8%, 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 $74,238. Lake Travis ISD is the largest single contributor, at 39.6% of the total 2025 levy.
Assessment Gap: Assessed value ($2,829,210) is $219,382 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 20% of market value ($622,699 land vs $2,425,893 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,048,592, 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 +290.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,754,005,575 by 2030, with an estimated annual tax burden around $109,575. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $31,651.37 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 6,654 SF | ✗ |
| 1ST | 1st Floor | 4,556 SF | ✓ |
| 2ND | 2nd Floor | 2,098 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 1,126 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 774 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Travis County | 0.3444% | 0.3758% | +826 |
| Lake Travis ISD | 1.0656% | 1.0397% | -681 |
| Travis Central Health | 0.1080% | 0.1180% | +265 |
| Travis County ESD # 06 | 0.0876% | 0.0904% | +74 |
| Lazy Nine MUD #1A | 1.0000% | 1.0000% | +0 |
Market value changed by 247% in 2023, 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.
| 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% | $27,354.85 | $16,449.39 | $10,905.46 |
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $26,310.33 | $15,821.27 | $10,489.06 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,888.61 | $5,946.35 | $3,942.26 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,105.22 | $1,867.27 | $1,237.95 |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,378.43 | $1,430.23 | $948.20 |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $69,037.44 | $41,514.51 | $27,522.93 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,744,000 | $3,048,592 | -10.0% |
| Assessed Value | $2,744,000 | $2,829,210 | -3.0% |
| Land Value | $360,698 | $622,699 | -42.1% |
| Improvement Value | $2,383,302 | $2,425,893 | -1.8% |
| Taxable Value | $2,195,200 | $2,829,210 | -22.4% |
| Exemptions | HS | None | |
| Total Tax 2026 = estimate |
~$57,601
Estimated
|
$69,037 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,047,743 | $2,744,000 | -303,743 (-10.0%) |
| Taxable Value | $2,438,194 | $2,195,200 | -242,994 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,744,000 | $360,698 | $2,383,302 | — | $2,744,000 | $2,195,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,048,592 | $622,699 | $2,425,893 | −$219,382 | $2,829,210 | $2,829,210 | $69,037 | Verified |
| 2024 | $781,495 | — | — | −$158,796 | $622,699 | $— | $34,148 | Verified |
| 2023 | $— | — | — | — | $781,495 | $— | $20,026 | Verified |
| 2022 | $— | — | — | — | $225,000 | $— | $6,110 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.0% | +7.7% | ~100% | Not available | Partial |
| 2025 | +132.6% ! | +115.9% | 92.8% | 2.2600% | Verified |
| 2024 | +67.7% | +67.7% | ~100% | 2.6100% | Verified |
| 2023 | +247.3% ! | +247.3% | ~100% | 2.5600% | Verified |
| 2022 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1254.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.0% | +140.1% | +298.8% | +290.1% | 2025 | -10.0% | 2026 |
| Assessment Ratio | 100.0% | 90.8% | — | 100.0% | 2026 | 79.7% | 2024 |
| Effective Tax Rate (2025) | 2.2600% | 2.2600% | — | 2.2600% | 2025 | 2.2600% | 2025 |
| Tax Amount | $69,037 | $51,593 | ~$94,397 | $69,037 | 2025 | $34,148 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,892,479 | ~$3,112,131 | ~2.5801% | ~$80,297 | +290.1% |
| 2027 | ~$46,392,258 | ~$3,423,344 | ~2.5363% | ~$86,827 | +1421.8% |
| 2028 | ~$180,975,011 | ~$3,765,679 | ~2.4925% | ~$93,859 | +5836.3% |
| 2029 | ~$705,978,887 | ~$4,142,246 | ~2.4487% | ~$101,429 | +23057.5% |
| 2030 | ~$2,754,005,575 | ~$4,556,471 | ~2.4048% | ~$109,575 | +90237.0% |
| 2026 | ~$11,831,508 | ~$3,112,131 | ~2.6240% | ~$81,661 | +288.1% |
| 2027 | ~$45,917,778 | ~$3,423,344 | ~2.6240% | ~$89,827 | +1406.2% |
| 2028 | ~$178,205,722 | ~$3,765,679 | ~2.6240% | ~$98,810 | +5745.5% |
| 2029 | ~$691,611,847 | ~$4,142,246 | ~2.6240% | ~$108,691 | +22586.3% |
| 2030 | ~$2,684,127,884 | ~$4,556,471 | ~2.6240% | ~$119,560 | +87944.8% |
| 2026 | ~$11,953,451 | ~$3,112,131 | ~2.5582% | ~$79,615 | +292.1% |
| 2027 | ~$46,869,176 | ~$3,423,344 | ~2.4925% | ~$85,326 | +1437.4% |
| 2028 | ~$183,772,842 | ~$3,765,679 | ~2.4267% | ~$91,383 | +5928.1% |
| 2029 | ~$720,568,610 | ~$4,142,246 | ~2.3610% | ~$97,798 | +23536.1% |
| 2030 | ~$2,825,331,085 | ~$4,556,471 | ~2.2953% | ~$104,583 | +92576.6% |
In 2025, this property's market value of $3,048,592 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 36× 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 | $3,048,592 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $781,495 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.