17212 MORNING GROVE LN 78738
| Owner | ADB MADRONE D5-7 LLC |
|---|---|
| Parcel ID | 0123880201 |
| Short ID | 953067 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,661 SF |
| Land SF | 36,028 SF |
| Acres | 0.827 |
| Year Built | 2022 |
| Legal | LOT 6 BLK D MADRONE CANYON |
| Neighborhood | P5180 |
| Land | $560,017 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $560,017 |
| Improvement | $1,681,810 |
|---|---|
| Total Improvement | $1,681,810 |
| Market | $2,241,827 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,241,827 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,241,827 |
| Taxable Value | $2,241,827 |
|---|
Appreciation: Market value has risen +317.0% from $537,615 (2024) to $2,241,827 (2025), a CAGR of 317.0% 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 $58,825. Lake Travis ISD is the largest single contributor, at 39.6% 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 25% of market value ($560,017 land vs $1,681,810 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,241,827, 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 +317.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,826,543,575 by 2030, with an estimated annual tax burden around $86,826. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,661 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 4,661 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 1,060 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 975 SF | ✓ |
| 513 | DECK COVERED | 630 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
Market value changed by 91% in 2023, 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% | $22,724.04 | $22,724.04 | Paid |
| U5L Lazy Nine MUD #1A | 1.0000% | 1.0000% | 1.0000% | 1.0000% | 1.0000% | +0.0000% | $21,856.34 | $21,856.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,214.60 | $8,214.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,579.55 | $2,579.55 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,975.79 | $1,975.79 | Paid |
| Combined Rate | 2.7993% | 2.7157% | 2.5625% | 2.6056% | 2.6240% | +0.0184% | $57,350.32 | $57,350.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,004,644 | $2,241,827 | -10.6% |
| Assessed Value | $2,004,644 | $2,241,827 | -10.6% |
| Land Value | $310,142 | $560,017 | -44.6% |
| Improvement Value | $1,694,502 | $1,681,810 | +0.8% |
| Taxable Value | $2,004,644 | $2,241,827 | -10.6% |
| Total Tax 2026 = estimate |
~$52,601
Estimated
|
~$57,350
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,490,241 | $2,004,644 | -485,597 (-19.5%) |
| Taxable Value | $2,490,241 | $2,004,644 | -485,597 (-19.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,004,644 | $310,142 | $1,694,502 | — | $2,004,644 | $2,004,644 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,241,827 | $560,017 | $1,681,810 | — | $2,241,827 | $2,241,827 | ~$57,350 | Partial |
| 2024 | $537,615 | — | — | −$89,601 | $448,014 | $— | $63,634 | Verified |
| 2023 | $— | — | — | — | $430,092 | $— | $11,021 | Verified |
| 2022 | $— | — | — | — | $225,000 | $— | $6,110 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2025 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2024 | +467.8% ! | +467.8% | ~100% | 2.6100% | Verified |
| 2023 | +91.2% ! | +91.2% | ~100% | 2.5600% | Verified |
| 2022 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +896.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.6% | +153.2% | +326.9% | +317.0% | 2025 | -10.6% | 2026 |
| Assessment Ratio | 100.0% | 94.4% | — | 100.0% | 2025 | 83.3% | 2024 |
| Effective Tax Rate (2025) | 2.5600% | 2.5600% | — | 2.5600% | 2025 | 2.5600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$57,350 | $60,492 | ~$74,799 | $63,634 | 2024 | $57,350 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,348,304 | ~$2,466,010 | ~2.5801% | ~$63,626 | +317.0% |
| 2027 | ~$38,981,947 | ~$2,712,611 | ~2.5363% | ~$68,800 | +1638.8% |
| 2028 | ~$162,552,723 | ~$2,983,872 | ~2.4925% | ~$74,373 | +7150.9% |
| 2029 | ~$677,836,525 | ~$3,282,259 | ~2.4487% | ~$80,371 | +30135.9% |
| 2030 | ~$2,826,543,575 | ~$3,610,485 | ~2.4048% | ~$86,826 | +125982.1% |
| 2026 | ~$9,303,467 | ~$2,466,010 | ~2.6240% | ~$64,707 | +315.0% |
| 2027 | ~$38,608,912 | ~$2,712,611 | ~2.6240% | ~$71,178 | +1622.2% |
| 2028 | ~$160,225,006 | ~$2,983,872 | ~2.6240% | ~$78,296 | +7047.1% |
| 2029 | ~$664,925,565 | ~$3,282,259 | ~2.6240% | ~$86,125 | +29560.0% |
| 2030 | ~$2,759,407,022 | ~$3,610,485 | ~2.6240% | ~$94,738 | +122987.4% |
| 2026 | ~$9,393,140 | ~$2,466,010 | ~2.5582% | ~$63,086 | +319.0% |
| 2027 | ~$39,356,776 | ~$2,712,611 | ~2.4925% | ~$67,611 | +1655.6% |
| 2028 | ~$164,902,876 | ~$2,983,872 | ~2.4267% | ~$72,411 | +7255.7% |
| 2029 | ~$690,934,599 | ~$3,282,259 | ~2.3610% | ~$77,494 | +30720.2% |
| 2030 | ~$2,894,980,564 | ~$3,610,485 | ~2.2953% | ~$82,870 | +129034.9% |
In 2025, this property's market value of $2,241,827 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 26× 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 | $2,241,827 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $537,615 | $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.