2122 HANCOCK DR 121 TX 78756
| Owner | WILKES CATHERINE & DAVID |
|---|---|
| Parcel ID | 0227030535 |
| Short ID | 227656 |
| Type | Real |
| Use Code | 15 Condominium (Stacked) |
| Valuation | Cost |
| Improvement SF | 935 SF |
| Land SF | 49,201 SF |
| Acres | 1.129 |
| Year Built | 1968 |
| Legal | UNT 121 BLD D KENRAY CONDOMINIUMS PLUS 3.435% INT IN COMMON AREA |
| Neighborhood | Y3S2C |
| Land | $17,223 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,223 |
| Improvement | $8,882,018 |
|---|---|
| Total Improvement | $8,882,018 |
| Market | $8,899,241 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,899,241 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,899,241 |
| Exemptions (−) (HS) | −$783,965 |
|---|---|
| Taxable Value | $8,115,276 |
Appreciation: Market value has risen +19.0% from $7,481,195 (2021) to $8,899,241 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Residential parcel countywide rose +45.8%, so this parcel has lagged the broader residential 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 $166,078. Austin ISD is the largest single contributor, at 40.9% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($10,999,044, ~123.6% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Single-family residential. Buyer should verify which exemptions carry and which reset at sale. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 0% of market value ($17,223 land vs $8,882,018 improvements), about $0/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,899,241, this parcel sits in the top quartile (≥75th percentile) of Residential property in Travis County — county median $479,535 (P25 $358,633 / P75 $737,055, n=318,609). Residential here is the broad TCAD category — every residential 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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,055,553 by 2030, with an estimated annual tax burden around $208,258. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 470 SF | ✓ |
| 1ST | 1st Floor | 465 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 227656 | HAYS HEIDI | 2122 HANCOCK DR 101 78756 | $270,000 | $270,000 | $216,000 |
| 227657 | HARDIN SHELLEY & DANIEL SALINAS | 2122 HANCOCK DR 102 78756 | $270,000 | $270,000 | $216,000 |
| 227658 | WIEDRICH SHELBY | 2122 HANCOCK DR 103 78756 | $270,000 | $270,000 | $270,000 |
| 227659 | DEPWE ELIZABETH | 2122 HANCOCK DR 104 78756 | $314,793 | $314,793 | $314,793 |
| 227660 | BAUSMAN GREG & LORI | 2122 HANCOCK DR 106 78756 | $184,956 | $184,956 | $184,956 |
| 227661 | REINEKE JOHN STACY | 2122 HANCOCK DR 108 78756 | $188,301 | $188,301 | $150,641 |
| 227662 | MILES PAUL | 2122 HANCOCK DR 109 78756 | $233,000 | $233,000 | $186,400 |
| 227663 | THIBAULT JOSEPH & MOLLY | 2122 HANCOCK DR 110 78756 | $290,188 | $290,188 | $232,150 |
| 227664 | BARRETT JOANNA ELIZABETH | 2122 HANCOCK DR 111 78756 | $331,568 | $331,568 | $265,254 |
| 227665 | SCHNEIDER NICHOLAS | 2122 HANCOCK DR 112 78756 | $260,000 | $260,000 | $208,000 |
| 227666 | MUNIZ ANNA LISA | 2122 HANCOCK DR 204 78756 | $275,502 | $275,502 | $275,502 |
| 227667 | NICKEL ANDREW | 2122 HANCOCK DR 206 78756 | $157,465 | $157,465 | $157,465 |
| 227668 | SYLER ERIN E | 2122 HANCOCK DR 208 78756 | $211,335 | $211,335 | $211,335 |
| 227669 | MOORE KEVIN L | 2122 HANCOCK DR 209 78756 | $290,188 | $290,188 | $290,188 |
| 227670 | SWAFFORD BRYAN KEITH | 2122 HANCOCK DR 210 78756 | $253,000 | $253,000 | $253,000 |
| 227671 | JONES ALAN | 2122 HANCOCK DR 211 78756 | $290,188 | $290,188 | $290,188 |
| 227672 | JONES ROBERT INNES | 2122 HANCOCK DR 212 78756 | $270,000 | $270,000 | $243,000 |
| 227673 | KELLIS MARCUS | 2122 HANCOCK DR 107 78756 | $211,453 | $211,453 | $169,162 |
| 227674 | ANDERSON SUSAN E | 2122 HANCOCK DR 105 78756 | $271,238 | $271,238 | $271,238 |
| 227675 | TODD ALEXIS | 2122 HANCOCK DR 207 78756 | $212,015 | $212,015 | $169,612 |
| 227676 | SALAZAR ABEL | 2122 HANCOCK DR 205 78756 | $271,994 | $271,994 | $217,595 |
| 227677 | HYLAND WILLIAM & DIANA | 2122 HANCOCK DR 113 78756 | $312,000 | $312,000 | $312,000 |
| 227678 | OBRIEN PATRICK | 2122 HANCOCK DR 114 78756 | $232,000 | $232,000 | $232,000 |
| 227679 | CHISM JUNE A LIFE ESTATE | 2122 HANCOCK DR 115 78756 | $284,634 | $284,634 | $284,634 |
| 227680 | YADON JON TIMOTHY JR | 2122 HANCOCK DR 116 78756 | $312,326 | $312,326 | $249,861 |
| 227681 | SANCHEZ MICHAEL R | 2122 HANCOCK DR 118 78756 | $276,000 | $276,000 | $276,000 |
| 227682 | TORRES CHRISTOPHER R | 2122 HANCOCK DR 120 78756 | $312,326 | $312,326 | $312,326 |
| 227683 | LEECH CONNOR THOMAS | 2122 HANCOCK DR 213 78756 | $356,086 | $356,086 | $356,086 |
| 227684 | YANG GEORGE | 2122 HANCOCK DR 214 78756 | $212,055 | $212,055 | $212,055 |
| 227685 | PEARSON JON | 2122 HANCOCK DR 215 78756 | $231,000 | $231,000 | $231,000 |
| 227686 | ANDREWS MEGHAN & CATHY | 2122 HANCOCK DR 117 78756 | $272,000 | $272,000 | $217,600 |
| 227687 | LE NHU THI | 2122 HANCOCK DR 119 78756 | $265,000 | $265,000 | $265,000 |
| 227688 | WILKES CATHERINE & DAVID | 2122 HANCOCK DR 121 78756 | $271,068 | $271,068 | $271,068 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $63,237.65 | $63,237.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $42,382.02 | $42,382.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30,397.98 | $30,397.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,545.61 | $9,545.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,091.51 | $9,091.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $154,654.77 | $154,654.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,663,679 | $8,899,241 | -2.6% |
| Assessed Value | $8,663,679 | $8,899,241 | -2.6% |
| Land Value | $17,223 | $17,223 | +0.0% |
| Improvement Value | $8,646,456 | $8,882,018 | -2.7% |
| Taxable Value | $8,012,109 | $8,115,276 | -1.3% |
| Exemptions | HS | HS | |
| HS Cap Loss | — | -$10,999,044 (2024) | |
| Total Tax 2026 = estimate |
~$163,967
Estimated
|
~$154,655
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,043,428 | $8,663,679 | -379,749 (-4.2%) |
| Taxable Value | $8,369,798 | $8,012,109 | -357,689 (-4.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,663,679 | $17,223 | $8,646,456 | — | $8,663,679 | $8,012,109 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,899,241 | $17,223 | $8,882,018 | — | $8,899,241 | $8,115,276 | ~$154,655 | Partial |
| 2024 | $8,817,760 | — | — | −$8,800,537 | $17,223 | $— | $180,384 | Verified |
| 2023 | $9,418,202 | — | — | −$9,400,979 | $17,223 | $— | $141,598 | Verified |
| 2022 | $7,964,121 | — | — | −$7,946,898 | $17,223 | $— | $163,781 | Verified |
| 2021 | $7,481,195 | — | — | −$7,463,972 | $17,223 | $— | $157,792 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.3% | +15.3% | ~100% | Not available | Partial |
| 2025 | -17.4% | -16.3% | ~100% | Not available | Partial |
| 2024 | +21.6% | +20.0% | 98.7% | 1.6300% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.6100% | Verified |
| 2022 | -1.4% | -1.4% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +3.3% | +5.0% | +18.3% | 2023 | -6.4% | 2024 |
| Assessment Ratio | 100.0% | 33.5% | — | 100.0% | 2025 | 0.2% | 2021 |
| 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 |
$154,655 | $159,642 | ~$197,630 | $180,384 | 2024 | $141,598 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,293,910 | ~$9,293,910 | ~2.0139% | ~$187,173 | +4.4% |
| 2027 | ~$9,706,082 | ~$9,706,082 | ~1.9814% | ~$192,315 | +9.1% |
| 2028 | ~$10,136,534 | ~$10,136,534 | ~1.9488% | ~$197,545 | +13.9% |
| 2029 | ~$10,586,075 | ~$10,586,075 | ~1.9163% | ~$202,860 | +19.0% |
| 2030 | ~$11,055,553 | ~$11,055,553 | ~1.8837% | ~$208,258 | +24.2% |
| 2026 | ~$9,115,925 | ~$9,115,925 | ~2.0465% | ~$186,556 | +2.4% |
| 2027 | ~$9,337,885 | ~$9,337,885 | ~2.0465% | ~$191,098 | +4.9% |
| 2028 | ~$9,565,250 | ~$9,565,250 | ~2.0465% | ~$195,751 | +7.5% |
| 2029 | ~$9,798,151 | ~$9,798,151 | ~2.0465% | ~$200,518 | +10.1% |
| 2030 | ~$10,036,722 | ~$10,036,722 | ~2.0465% | ~$205,400 | +12.8% |
| 2026 | ~$9,471,895 | ~$9,471,895 | ~1.9977% | ~$189,216 | +6.4% |
| 2027 | ~$10,081,398 | ~$10,081,398 | ~1.9488% | ~$196,470 | +13.3% |
| 2028 | ~$10,730,122 | ~$10,730,122 | ~1.9000% | ~$203,874 | +20.6% |
| 2029 | ~$11,420,591 | ~$11,420,591 | ~1.8512% | ~$211,417 | +28.3% |
| 2030 | ~$12,155,490 | ~$12,155,490 | ~1.8024% | ~$219,087 | +36.6% |
In 2025, this property's market value of $8,899,241 places it in the top 25% for Residential properties in Travis County (318609 comparable) — 19× the county median of $479,535. Residential here is the broad TCAD category — every residential 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 | $8,899,241 | $358,633 | $479,535 | $737,055 | ↑ Top 25% | -6.4% |
| 2024 | $8,817,760 | $384,868 | $512,735 | $786,167 | ↑ Top 25% | -8.7% |
| 2023 | $9,418,202 | $424,496 | $565,716 | $845,447 | ↑ Top 25% | -2.1% |
| 2022 | $7,964,121 | $435,080 | $581,770 | $864,060 | ↑ Top 25% | +53.2% |
| 2021 | $7,481,195 | $239,232 | $328,865 | $488,922 | ↑ 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.