HILL LN 78653
| Owner | ALLEGRA AUSTIN LLC |
|---|---|
| Parcel ID | 0239570101 |
| Short ID | 961785 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 132,500 SF |
| Land SF | 677,693 SF |
| Acres | 15.558 |
| Year Built | 2021 |
| Legal | HILL INDUSTRIAL LOT 2 |
| Neighborhood | FE2 |
| Land | $847,116 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $847,116 |
| Improvement | $18,152,884 |
|---|---|
| Total Improvement | $18,152,884 |
| Market | $19,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,000,000 |
| Taxable Value | $19,000,000 |
|---|
Appreciation: Market value has risen +48.4% from $12,800,000 (2024) to $19,000,000 (2025), a CAGR of 48.4% over 1 year. 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 Land/Vacant parcel countywide rose +28.8%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $500,150. Manor ISD is the largest single contributor, at 42.7% 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 4% of market value ($847,116 land vs $18,152,884 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $19,000,000, 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 +48.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $136,921,534 by 2030, with an estimated annual tax burden around $738,058. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 300,000 SF | ✗ |
| 1ST | 1st Floor | 132,500 SF | ✓ |
| 491 | SPRINKLER HEADS | 132,500 SF | ✗ |
| 093 | HVAC COMMRCL SF | 132,500 SF | ✗ |
| 272 | COLDSTG VAULT LG | 42,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 9,000 SF | ✓ |
| 482 | LIGHT POLES | 25 SF | ✓ |
Market value changed by 1411% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $194,652.00 | $194,652.00 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $153,521.37 | $153,521.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $67,652.10 | $67,652.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $21,244.14 | $21,244.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,612.00 | $18,612.00 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $16.94 | $16.94 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $455,698.55 | $455,698.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,100,000 | $19,000,000 | +0.5% |
| Assessed Value | $19,100,000 | $19,000,000 | +0.5% |
| Land Value | $847,116 | $847,116 | +0.0% |
| Improvement Value | $18,252,884 | $18,152,884 | +0.6% |
| Taxable Value | $19,100,000 | $19,000,000 | +0.5% |
| Total Tax 2026 = estimate |
~$502,782
Estimated
|
~$455,699
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,100,000 | $19,100,000 | +0 (+0.0%) |
| Taxable Value | $19,100,000 | $19,100,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,100,000 | $847,116 | $18,252,884 | — | $19,100,000 | $19,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $19,000,000 | $847,116 | $18,152,884 | — | $19,000,000 | $19,000,000 | ~$455,699 | Partial |
| 2024 | $12,800,000 | — | — | — | — | $— | $422,528 | Verified |
| 2023 | $— | — | — | — | — | $— | $302,995 | Verified |
| 2022 | $— | — | — | — | $847,116 | $— | $22,996 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | +7.1% | +7.1% | ~100% | Not available | Partial |
| 2024 | +38.6% | +38.6% | ~100% | 2.3800% | Verified |
| 2023 | +1411.0% ! | +1411.0% | ~100% | 2.3700% | Verified |
| 2022 | base year | — | ~100% | 2.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2142.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +24.4% | +48.3% | +48.4% | 2025 | +0.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.4000% | 2.4000% | — | 2.4000% | 2025 | 2.4000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$455,699 | $439,113 | ~$635,881 | $455,699 | 2025 | $422,528 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$28,203,125 | ~$20,900,000 | ~2.5883% | ~$540,953 | +48.4% |
| 2027 | ~$41,864,014 | ~$22,990,000 | ~2.5442% | ~$584,914 | +120.3% |
| 2028 | ~$62,141,895 | ~$25,289,000 | ~2.5001% | ~$632,259 | +227.1% |
| 2029 | ~$92,241,876 | ~$27,817,900 | ~2.4561% | ~$683,223 | +385.5% |
| 2030 | ~$136,921,534 | ~$30,599,690 | ~2.4120% | ~$738,058 | +620.6% |
| 2026 | ~$27,823,125 | ~$20,900,000 | ~2.6324% | ~$550,165 | +46.4% |
| 2027 | ~$40,743,489 | ~$22,990,000 | ~2.6324% | ~$605,181 | +114.4% |
| 2028 | ~$59,663,746 | ~$25,289,000 | ~2.6324% | ~$665,700 | +214.0% |
| 2029 | ~$87,370,098 | ~$27,817,900 | ~2.6324% | ~$732,269 | +359.8% |
| 2030 | ~$127,942,588 | ~$30,599,690 | ~2.6324% | ~$805,496 | +573.4% |
| 2026 | ~$28,583,125 | ~$20,900,000 | ~2.5663% | ~$536,347 | +50.4% |
| 2027 | ~$42,999,739 | ~$22,990,000 | ~2.5001% | ~$574,781 | +126.3% |
| 2028 | ~$64,687,732 | ~$25,289,000 | ~2.4340% | ~$615,539 | +240.5% |
| 2029 | ~$97,314,607 | ~$27,817,900 | ~2.3679% | ~$658,700 | +412.2% |
| 2030 | ~$146,397,661 | ~$30,599,690 | ~2.3018% | ~$704,339 | +670.5% |
In 2025, this property's market value of $19,000,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 223× 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 | $19,000,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $12,800,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.