CHIMNEY HILL BLVD TX 78754
| Owner | CHIMNEYHILL AUSTIN HOMEOWNERS |
|---|---|
| Parcel ID | 0229330101 |
| Short ID | 230803 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 277,826 SF |
| Acres | 6.378 |
| Year Built | — |
| Legal | ABS 214 SUR 30 DAVIS H T ACR 6.378 |
| Neighborhood | C1000 |
| Land | $245,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $245,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $245,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $245,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $245,000 |
| Taxable Value | $245,000 |
|---|
Appreciation: Market value has risen +16233.3% from $1,500 (2021) to $245,000 (2025), a CAGR of 257.5% 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 outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.0731% in 2025 (+0.0613% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,079. Austin ISD is the largest single contributor, at 54.8% 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 ($245,000 land vs $0 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 $245,000, this parcel sits in the upper-middle (50th–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 +257.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $143,057,166 by 2030, with an estimated annual tax burden around $2,637,391. 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.
Market value changed by 275% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $2,266.74 | $2,266.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $920.82 | $920.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $359.48 | $359.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $289.16 | $289.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $253.33 | $253.33 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $46.92 | $46.92 | Paid |
| Combined Rate | 2.2567% | 2.0349% | 1.8492% | 2.0118% | 2.0731% | +0.0613% | $4,136.45 | $4,136.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $245,000 | $245,000 | +0.0% |
| Assessed Value | $245,000 | $245,000 | +0.0% |
| Land Value | $245,000 | $245,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $245,000 | $245,000 | +0.0% |
| Total Tax 2026 = estimate |
~$5,079
Estimated
|
~$4,136
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $245,000 | $245,000 | +0 (+0.0%) |
| Taxable Value | $245,000 | $245,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $245,000 | $245,000 | — | — | $245,000 | $245,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $245,000 | $245,000 | — | — | $245,000 | $245,000 | ~$4,136 | Partial |
| 2024 | $— | — | — | — | $300,000 | $— | $4,979 | Verified |
| 2023 | $— | — | — | — | $300,000 | $— | $4,551 | Verified |
| 2022 | $— | — | — | — | $80,000 | $— | $1,348 | Verified |
| 2021 | $1,500 | — | — | — | $225,000 ! | $— | $4,151 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -18.3% | -18.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.6600% | Verified |
| 2023 | +275.0% ! | +275.0% | ~100% | 1.5200% | Verified |
| 2022 | -64.4% | -64.4% | ~100% | 1.6900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8116.6% | +257.5% | +16233.3% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 5066.7% | — | 15000.0% | 2021 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.6900% | 1.6900% | — | 1.6900% | 2025 | 1.6900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,136 | $4,144 | ~$737,987 | $4,151 | 2021 | $4,136 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$875,860 | ~$875,860 | ~2.0272% | ~$17,755 | +257.5% |
| 2027 | ~$3,131,147 | ~$3,131,147 | ~1.9813% | ~$62,037 | +1178.0% |
| 2028 | ~$11,193,662 | ~$11,193,662 | ~1.9354% | ~$216,641 | +4468.8% |
| 2029 | ~$40,016,667 | ~$40,016,667 | ~1.8895% | ~$756,111 | +16233.3% |
| 2030 | ~$143,057,166 | ~$143,057,166 | ~1.8436% | ~$2,637,391 | +58290.7% |
| 2026 | ~$870,960 | ~$870,960 | ~2.0731% | ~$18,056 | +255.5% |
| 2027 | ~$3,096,211 | ~$3,096,211 | ~2.0731% | ~$64,187 | +1163.8% |
| 2028 | ~$11,006,843 | ~$11,006,843 | ~2.0731% | ~$228,181 | +4392.6% |
| 2029 | ~$39,128,660 | ~$39,128,660 | ~2.0731% | ~$811,170 | +15870.9% |
| 2030 | ~$139,100,024 | ~$139,100,024 | ~2.0731% | ~$2,883,662 | +56675.5% |
| 2026 | ~$880,760 | ~$880,760 | ~2.0042% | ~$17,653 | +259.5% |
| 2027 | ~$3,166,280 | ~$3,166,280 | ~1.9354% | ~$61,280 | +1192.4% |
| 2028 | ~$11,382,584 | ~$11,382,584 | ~1.8665% | ~$212,461 | +4546.0% |
| 2029 | ~$40,919,702 | ~$40,919,702 | ~1.7977% | ~$735,611 | +16601.9% |
| 2030 | ~$147,103,858 | ~$147,103,858 | ~1.7288% | ~$2,543,200 | +59942.4% |
In 2025, this property's market value of $245,000 places it in the 50th–75th percentile for Land/Vacant properties in Travis County (35611 comparable) — +188% above 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 | $245,000 | $24,862 | $85,028 | $363,420 | ↑ Above median | +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 | $1,500 | $6,000 | $14,480 | $80,000 | ↓ Bottom 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.