1802 OVERHILL DR TX 78721
| Owner | 1600 WHELESS LANE 78723 |
|---|---|
| Parcel ID | 0212200609 |
| Short ID | 204719 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,146 SF |
| Land SF | 10,824 SF |
| Acres | 0.248 |
| Year Built | 2023 |
| Legal | LOT 16 OLT 19 DIV B GRANT PARK |
| Neighborhood | E4000 |
| Land | $283,825 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $283,825 |
| Improvement | $511,370 |
|---|---|
| Total Improvement | $511,370 |
| Market | $795,195 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $795,195 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $795,195 |
| Taxable Value | $795,195 |
|---|
Appreciation: Market value has risen +313.1% from $192,500 (2021) to $795,195 (2025), a CAGR of 42.6% over 4 years. This is strong appreciation — well above typical inflation. 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 $16,274. 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 36% of market value ($283,825 land vs $511,370 improvements), about $26/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $795,195, 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 +42.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,683,034 by 2030, with an estimated annual tax burden around $88,216. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,146 SF | ✗ |
| 2ND | 2nd Floor | 1,810 SF | ✓ |
| 1ST | 1st Floor | 1,336 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 506 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 148 SF | ✗ |
| 512 | DECK UNCOVRED | 70 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 16 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 179% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $7,357.14 | $7,357.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,166.96 | $4,166.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,988.70 | $2,988.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $938.51 | $938.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $822.23 | $822.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,273.54 | $16,273.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $975,933 | $795,195 | +22.7% |
| Assessed Value | $954,234 | $795,195 | +20.0% |
| Land Value | $227,060 | $283,825 | -20.0% |
| Improvement Value | $748,873 | $511,370 | +46.4% |
| Taxable Value | $954,234 | $795,195 | +20.0% |
| HS Cap Loss | -$21,699 | — | |
| Total Tax 2026 = estimate |
~$19,528
Estimated
|
~$16,274
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,104,871 | $975,933 | -128,938 (-11.7%) |
| Taxable Value | $954,234 | $954,234 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $975,933 | $227,060 | $748,873 | −$21,699 | $954,234 | $954,234 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $795,195 | $283,825 | $511,370 | — | $795,195 | $795,195 | ~$16,274 | Partial |
| 2024 | $— | — | — | — | $275,000 | $— | $18,263 | Verified |
| 2023 | $— | — | — | — | $330,000 | $— | $5,971 | Verified |
| 2022 | $— | — | — | — | $330,000 | $— | $6,517 | Verified |
| 2021 | $192,500 | — | — | — | $192,500 | $— | $4,190 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.9% | +20.0% | 86.4% | Not available | Partial |
| 2025 | -13.7% | -13.7% | ~100% | Not available | Partial |
| 2024 | +179.3% ! | +179.3% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +71.4% | +71.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +313.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.7% | +167.9% | +37.3% | +313.1% | 2025 | +22.7% | 2026 |
| Assessment Ratio | 97.8% | 99.3% | — | 100.0% | 2021 | 97.8% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,274 | $10,232 | ~$50,184 | $16,274 | 2025 | $4,190 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,133,664 | ~$1,133,664 | ~2.0139% | ~$22,831 | +42.6% |
| 2027 | ~$1,616,200 | ~$1,616,200 | ~1.9814% | ~$32,023 | +103.2% |
| 2028 | ~$2,304,124 | ~$2,304,124 | ~1.9488% | ~$44,904 | +189.8% |
| 2029 | ~$3,284,858 | ~$3,284,858 | ~1.9163% | ~$62,947 | +313.1% |
| 2030 | ~$4,683,034 | ~$4,683,034 | ~1.8837% | ~$88,216 | +488.9% |
| 2026 | ~$1,117,760 | ~$1,117,760 | ~2.0465% | ~$22,875 | +40.6% |
| 2027 | ~$1,571,171 | ~$1,571,171 | ~2.0465% | ~$32,154 | +97.6% |
| 2028 | ~$2,208,506 | ~$2,208,506 | ~2.0465% | ~$45,197 | +177.7% |
| 2029 | ~$3,104,370 | ~$3,104,370 | ~2.0465% | ~$63,530 | +290.4% |
| 2030 | ~$4,363,636 | ~$4,363,636 | ~2.0465% | ~$89,301 | +448.8% |
| 2026 | ~$1,149,568 | ~$1,149,568 | ~1.9977% | ~$22,964 | +44.6% |
| 2027 | ~$1,661,865 | ~$1,661,865 | ~1.9488% | ~$32,387 | +109.0% |
| 2028 | ~$2,402,463 | ~$2,402,463 | ~1.9000% | ~$45,647 | +202.1% |
| 2029 | ~$3,473,103 | ~$3,473,103 | ~1.8512% | ~$64,294 | +336.8% |
| 2030 | ~$5,020,866 | ~$5,020,866 | ~1.8024% | ~$90,495 | +531.4% |
In 2025, this property's market value of $795,195 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 9× 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 | $795,195 | $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 | $192,500 | $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.