HILL LN 78653
| Owner | HILL LANE OWNER LLC |
|---|---|
| Parcel ID | 0239570102 |
| Short ID | 961786 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 191,300 SF |
| Land SF | 1,338,770 SF |
| Acres | 30.734 |
| Year Built | 2021 |
| Legal | HILL INDUSTRIAL LOT 1 |
| Neighborhood | FE2 |
| Land | $1,673,463 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,673,463 |
| Improvement | $28,161,537 |
|---|---|
| Total Improvement | $28,161,537 |
| Market | $29,835,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,835,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,835,000 |
| Taxable Value | $29,835,000 |
|---|
Appreciation: Market value has risen +62.6% from $18,351,497 (2024) to $29,835,000 (2025), a CAGR of 62.6% 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 $785,367. Manor ISD is the largest single contributor, at 42.8% 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 6% of market value ($1,673,463 land vs $28,161,537 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 $29,835,000, 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 +62.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $338,843,195 by 2030, with an estimated annual tax burden around $1,158,946. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 379,000 SF | ✗ |
| 1ST | 1st Floor | 191,300 SF | ✓ |
| 491 | SPRINKLER HEADS | 191,300 SF | ✗ |
| 407 | LOADING DOCK | 2,400 SF | ✓ |
| 413 | STAIRWAY EXT | 10 SF | ✓ |
Market value changed by 997% 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% | $322,635.69 | $322,635.69 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $253,415.62 | $253,415.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $112,133.36 | $112,133.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,212.16 | $35,212.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $30,849.39 | $30,849.39 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $150.61 | $150.61 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $754,396.83 | $754,396.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,312,363 | $29,835,000 | +1.6% |
| Assessed Value | $30,312,363 | $29,835,000 | +1.6% |
| Land Value | $1,673,463 | $1,673,463 | +0.0% |
| Improvement Value | $28,638,900 | $28,161,537 | +1.7% |
| Taxable Value | $30,312,363 | $29,835,000 | +1.6% |
| Total Tax 2026 = estimate |
~$797,933
Estimated
|
~$754,397
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,312,363 | $30,312,363 | +0 (+0.0%) |
| Taxable Value | $30,312,363 | $30,312,363 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,312,363 | $1,673,463 | $28,638,900 | — | $30,312,363 | $30,312,363 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,835,000 | $1,673,463 | $28,161,537 | — | $29,835,000 | $29,835,000 | ~$754,397 | Partial |
| 2024 | $18,351,497 | — | — | — | — | $— | $645,956 | Verified |
| 2023 | $— | — | — | — | — | $— | $434,407 | Verified |
| 2022 | $— | — | — | — | $1,673,463 | $— | $45,428 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | +14.8% | +14.8% | ~100% | Not available | Partial |
| 2024 | +41.7% | +41.7% | ~100% | 2.4800% | Verified |
| 2023 | +996.6% ! | +996.6% | ~100% | 2.3700% | Verified |
| 2022 | base year | — | ~100% | 2.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1682.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +32.1% | +62.1% | +62.6% | 2025 | +1.6% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.5300% | 2.5300% | — | 2.5300% | 2025 | 2.5300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$754,397 | $700,177 | ~$998,502 | $754,397 | 2025 | $645,956 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,504,339 | ~$32,818,500 | ~2.5883% | ~$849,438 | +62.6% |
| 2027 | ~$78,856,071 | ~$36,100,350 | ~2.5442% | ~$918,470 | +164.3% |
| 2028 | ~$128,200,488 | ~$39,710,385 | ~2.5001% | ~$992,813 | +329.7% |
| 2029 | ~$208,422,318 | ~$43,681,424 | ~2.4561% | ~$1,072,841 | +598.6% |
| 2030 | ~$338,843,195 | ~$48,049,566 | ~2.4120% | ~$1,158,946 | +1035.7% |
| 2026 | ~$47,907,639 | ~$32,818,500 | ~2.6324% | ~$863,904 | +60.6% |
| 2027 | ~$76,927,831 | ~$36,100,350 | ~2.6324% | ~$950,294 | +157.8% |
| 2028 | ~$123,527,090 | ~$39,710,385 | ~2.6324% | ~$1,045,323 | +314.0% |
| 2029 | ~$198,353,987 | ~$43,681,424 | ~2.6324% | ~$1,149,856 | +564.8% |
| 2030 | ~$318,507,495 | ~$48,049,566 | ~2.6324% | ~$1,264,841 | +967.6% |
| 2026 | ~$49,101,039 | ~$32,818,500 | ~2.5663% | ~$842,205 | +64.6% |
| 2027 | ~$80,808,178 | ~$36,100,350 | ~2.5001% | ~$902,557 | +170.9% |
| 2028 | ~$132,990,296 | ~$39,710,385 | ~2.4340% | ~$966,558 | +345.8% |
| 2029 | ~$218,869,169 | ~$43,681,424 | ~2.3679% | ~$1,034,333 | +633.6% |
| 2030 | ~$360,204,576 | ~$48,049,566 | ~2.3018% | ~$1,105,998 | +1107.3% |
In 2025, this property's market value of $29,835,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 351× 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 | $29,835,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $18,351,497 | $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.