2008 HOLLY ST TX 78702
| Owner | WILLIS ERIC |
|---|---|
| Parcel ID | 0202080612 |
| Short ID | 189202 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 6,744 SF |
| Acres | 0.155 |
| Year Built | — |
| Legal | LOT 13 BLK E OLT 49&50 DIV O DRIVING PARK ADDN |
| Neighborhood | E1000 |
| Land | $460,525 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $460,525 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $460,525 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $460,525 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $460,525 |
| Taxable Value | $460,525 |
|---|
| Total Due | $9,032.57 |
|---|---|
| First Delinquent | 2024 |
Appreciation: Market value has risen +31.6% from $350,000 (2021) to $460,525 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→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 +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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $9,425. Austin ISD is the largest single contributor, at 45.2% 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 100% of market value ($460,525 land vs $0 improvements), about $68/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 $460,525, 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 +7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $648,985 by 2030, with an estimated annual tax burden around $12,225. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $9,032.57 in unpaid taxes since 2024. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +214 |
| Travis County | 0.3444% | 0.3758% | +145 |
| Austin ISD | 0.9505% | 0.9252% | -117 |
| Travis Central Health | 0.1080% | 0.1180% | +46 |
| Austin Community College | 0.1013% | 0.1034% | +10 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $4,260.78 | $3,099.47 | $1,161.31 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,413.23 | $1,755.49 | $657.74 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,730.86 | $1,259.10 | $471.76 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $543.53 | $395.39 | $148.14 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $476.18 | $346.40 | $129.78 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,424.58 | $6,855.85 | $2,568.73 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $460,525 | $460,525 | +0.0% |
| Assessed Value | $460,525 | $460,525 | +0.0% |
| Land Value | $460,525 | $460,525 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $460,525 | $460,525 | +0.0% |
| Total Tax 2026 = estimate |
~$9,425
Estimated
|
$9,425 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $460,525 | $460,525 | +0 (+0.0%) |
| Taxable Value | $460,525 | $460,525 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $460,525 | $460,525 | — | — | $460,525 | $460,525 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $460,525 | $460,525 | — | — | $460,525 | $460,525 | $9,425 | Verified |
| 2024 | $— | — | — | — | $450,000 | $— | $8,918 | Verified |
| 2023 | $— | — | — | — | $450,000 | $— | $8,142 | Verified |
| 2022 | $— | — | — | — | $450,000 | $— | $8,887 | Verified |
| 2021 | $350,000 | — | — | — | $350,000 | $— | $7,618 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +2.3% | +2.3% | ~100% | 2.0500% | Verified |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +28.6% | +28.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +15.8% | +7.1% | +31.6% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $9,425 | $8,521 | ~$11,053 | $9,425 | 2025 | $7,618 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$493,230 | ~$493,230 | ~2.0139% | ~$9,933 | +7.1% |
| 2027 | ~$528,258 | ~$528,258 | ~1.9814% | ~$10,467 | +14.7% |
| 2028 | ~$565,773 | ~$565,773 | ~1.9488% | ~$11,026 | +22.9% |
| 2029 | ~$605,952 | ~$605,952 | ~1.9163% | ~$11,612 | +31.6% |
| 2030 | ~$648,985 | ~$648,985 | ~1.8837% | ~$12,225 | +40.9% |
| 2026 | ~$484,020 | ~$484,020 | ~2.0465% | ~$9,905 | +5.1% |
| 2027 | ~$508,713 | ~$508,713 | ~2.0465% | ~$10,411 | +10.5% |
| 2028 | ~$534,666 | ~$534,666 | ~2.0465% | ~$10,942 | +16.1% |
| 2029 | ~$561,942 | ~$561,942 | ~2.0465% | ~$11,500 | +22.0% |
| 2030 | ~$590,611 | ~$590,611 | ~2.0465% | ~$12,087 | +28.2% |
| 2026 | ~$502,441 | ~$502,441 | ~1.9977% | ~$10,037 | +9.1% |
| 2027 | ~$548,171 | ~$548,171 | ~1.9488% | ~$10,683 | +19.0% |
| 2028 | ~$598,064 | ~$598,064 | ~1.9000% | ~$11,363 | +29.9% |
| 2029 | ~$652,498 | ~$652,498 | ~1.8512% | ~$12,079 | +41.7% |
| 2030 | ~$711,886 | ~$711,886 | ~1.8024% | ~$12,831 | +54.6% |
In 2025, this property's market value of $460,525 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $460,525 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $350,000 | $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.