HOG EYE RD TX 78653
| Owner | BENNETT MATTHEW GORDON |
|---|---|
| Parcel ID | 0218900212 |
| Short ID | 476776 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,189 SF |
| Land SF | 2,662,387 SF |
| Acres | 61.120 |
| Year Built | 2002 |
| Legal | ABS 1 SUR 22 ALEXANDER A ABS 215 SUR 56 DUTY R ACR 59.700 (1-D-1) |
| Neighborhood | _RGN307 |
| Land | $2,278,949 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,278,949 |
| Improvement | $171,898 |
|---|---|
| Total Improvement | $171,898 |
| Market | $2,450,847 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,450,847 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,227,129 |
| Net Appraised (assessed) | $223,718 |
| Exemptions (−) (HS,OV65) | −$185,790 |
|---|---|
| Taxable Value | $37,928 |
Appreciation: Market value has risen +1418.5% from $161,400 (2021) to $2,450,847 (2025), a CAGR of 97.4% over 4 years. 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 Agricultural parcel countywide rose +479.4%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7787% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $675. Travis County ESD # 12 is the largest single contributor, at 34.7% of the total 2025 levy.
Assessment Gap: Assessed value ($223,718) is $2,227,129 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 93% of market value ($2,278,949 land vs $171,898 improvements), about $1/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 $2,450,847, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +141.6% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $201,584,107 by 2030, with an estimated annual tax burden around $5,295. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,189 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,189 SF | ✗ |
| 571 | STORAGE DET | 800 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 313 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 476776 | BENNETT MATTHEW GORDON | 22518 HOG EYE RD 78653 | $180,373 | $180,373 | $0 |
| 545885 | BENNETT MATTHEW GORDON | 59.700 | $1,791,000 | $11,548 | $11,548 |
Market value changed by 203% 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 |
|---|---|---|---|---|---|---|---|---|---|
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $223.72 | $223.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $148.60 | $148.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $142.55 | $142.55 | Paid |
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $117.55 | $117.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12.83 | $12.83 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $645.25 | $645.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,971,373 | $2,450,847 | -19.6% |
| Assessed Value | $191,921 | $223,718 | -14.2% |
| Land Value | $1,833,600 | $2,278,949 | -19.5% |
| Improvement Value | $137,773 | $171,898 | -19.9% |
| Taxable Value | $11,548 | $37,928 | -69.6% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$1,779,452 | — | |
| Total Tax 2026 = estimate |
~$205
Estimated
|
~$645
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,971,373 | $1,971,373 | +0 (+0.0%) |
| Taxable Value | $12,626 | $11,548 | -1,078 (-8.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,971,373 | $1,833,600 | $137,773 | −$1,779,452 | $191,921 | $11,548 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,450,847 | $2,278,949 | $171,898 | −$2,227,129 | $223,718 | $37,928 | ~$645 | Partial |
| 2024 | $273,814 | — | — | −$220,867 | $52,947 | $— | $2,255 | Verified |
| 2023 | $277,230 | — | — | −$259,783 | $17,447 | $— | $2,440 | Verified |
| 2022 | $173,873 | — | — | −$156,426 | $17,447 | $— | $3,220 | Verified |
| 2021 | $161,400 | — | — | −$150,862 | $10,538 | $— | $3,185 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.5% | +6.2% | 0.6% | Not available | Partial |
| 2025 | +0.0% | +18.5% | 0.5% | Not available | Partial |
| 2024 | +203.5% ! | +3.5% | 0.4% | 0.0900% | Verified |
| 2023 | +0.0% | +7.9% | 1.2% | 0.2400% | Verified |
| 2022 | +65.6% | -1.2% | 1.1% | 0.3200% | Verified |
| 2021 | base year | — | 1.9% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +402.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.6% | +168.3% | +153.3% | +795.1% | 2025 | -19.6% | 2026 |
| Assessment Ratio | 9.7% | 10.2% | — | 19.3% | 2024 | 6.3% | 2023 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$645 | $2,349 | ~$4,752 | $3,220 | 2022 | $645 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,920,307 | ~$246,090 | ~1.7168% | ~$4,225 | +141.6% |
| 2027 | ~$14,301,192 | ~$270,699 | ~1.6550% | ~$4,480 | +483.5% |
| 2028 | ~$34,546,198 | ~$297,769 | ~1.5932% | ~$4,744 | +1309.6% |
| 2029 | ~$83,450,371 | ~$327,546 | ~1.5314% | ~$5,016 | +3305.0% |
| 2030 | ~$201,584,107 | ~$360,300 | ~1.4695% | ~$5,295 | +8125.1% |
| 2026 | ~$5,871,290 | ~$246,090 | ~1.7787% | ~$4,377 | +139.6% |
| 2027 | ~$14,065,360 | ~$270,699 | ~1.7787% | ~$4,815 | +473.9% |
| 2028 | ~$33,695,211 | ~$297,769 | ~1.7787% | ~$5,296 | +1274.8% |
| 2029 | ~$80,720,809 | ~$327,546 | ~1.7787% | ~$5,826 | +3193.6% |
| 2030 | ~$193,376,115 | ~$360,300 | ~1.7787% | ~$6,409 | +7790.2% |
| 2026 | ~$5,969,324 | ~$246,090 | ~1.6859% | ~$4,149 | +143.6% |
| 2027 | ~$14,538,985 | ~$270,699 | ~1.5932% | ~$4,313 | +493.2% |
| 2028 | ~$35,411,393 | ~$297,769 | ~1.5004% | ~$4,468 | +1344.9% |
| 2029 | ~$86,248,579 | ~$327,546 | ~1.4077% | ~$4,611 | +3419.1% |
| 2030 | ~$210,068,477 | ~$360,300 | ~1.3150% | ~$4,738 | +8471.3% |
In 2025, this property's market value of $2,450,847 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 4× the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $2,450,847 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | $273,814 | $217,016 | $597,296 | $1,446,593 | ↓ Below median | +23.7% |
| 2023 | $277,230 | $167,963 | $453,916 | $1,078,522 | ↓ Below median | +0.0% |
| 2022 | $173,873 | $180,794 | $446,888 | $1,009,883 | ↓ Bottom 25% | +46.1% |
| 2021 | $161,400 | $33,611 | $103,166 | $247,000 | ↑ Above median | 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.