HILL LN TX 78653
| Owner | PLEASANTON HOUSING FINANCE |
|---|---|
| Parcel ID | 0239590201 |
| Short ID | 938136 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 223,575 SF |
| Land SF | 543,127 SF |
| Acres | 12.468 |
| Year Built | 2022 |
| Legal | LOT 1 BLK A LAS ENTRADAS NORTH SEC 2 |
| Neighborhood | 08NE3 |
| Land | $1,086,254 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,086,254 |
| Improvement | $43,913,746 |
|---|---|
| Total Improvement | $43,913,746 |
| Market | $45,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $45,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $45,000,000 |
| Taxable Value | $45,000,000 |
|---|
Appreciation: Market value has risen +2736.9% from $1,586,254 (2022) to $45,000,000 (2025), a CAGR of 205.0% over 3 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide fell -15.5%, so this parcel has outpaced the broader multi-family 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 $1,184,566. Manor ISD is the largest single contributor, at 37.3% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 2% of market value ($1,086,254 land vs $43,913,746 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $45,000,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +205.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,874,413,084 by 2030, with an estimated annual tax burden around $1,748,033. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 223,575 SF | ✓ |
Market value changed by 2554% in 2022, 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% | $486,630.00 | $486,630.00 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $384,165.00 | $384,165.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $169,130.25 | $169,130.25 | Paid |
| P10I | — | — | — | — | — | — | $118,579.59 | $118,579.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $53,110.35 | $53,110.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $46,530.00 | $46,530.00 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $45,000.00 | $45,000.00 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $1,303,145.19 | $1,303,145.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $43,340,000 | $45,000,000 | -3.7% |
| Assessed Value | $43,340,000 | $45,000,000 | -3.7% |
| Land Value | $1,086,254 | $1,086,254 | +0.0% |
| Improvement Value | $42,253,746 | $43,913,746 | -3.8% |
| Taxable Value | $43,340,000 | $45,000,000 | -3.7% |
| Total Tax 2026 = estimate |
~$1,140,868
Estimated
|
~$1,303,145
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $43,340,000 | $43,340,000 | +0 (+0.0%) |
| Taxable Value | $43,340,000 | $43,340,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $43,340,000 | $1,086,254 | $42,253,746 | — | $43,340,000 | $43,340,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $45,000,000 | $1,086,254 | $43,913,746 | — | $45,000,000 | $45,000,000 | ~$1,303,145 | Partial |
| 2024 | $45,822,492 | — | — | −$44,736,238 | $1,086,254 | $— | $1,161,305 | Verified |
| 2023 | $42,100,000 | — | — | −$41,013,746 | $1,086,254 | $— | $1,084,686 | Verified |
| 2022 | $1,586,254 | — | — | −$500,000 | $1,086,254 | $— | $1,142,856 | Verified |
| 2021 | $— | — | — | — | $1,086,254 | $— | $44,553 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | -2.1% | -2.1% | ~100% | 2.5900% | Verified |
| 2023 | +8.8% | +8.8% | ~100% | 2.3700% | Verified |
| 2022 | +2554.1% ! | +2554.1% | ~100% | 2.7100% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2736.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.7% | +639.4% | +207.3% | +2554.1% | 2023 | -3.7% | 2026 |
| Assessment Ratio | 100.0% | 54.7% | — | 100.0% | 2025 | 2.4% | 2024 |
| Effective Tax Rate (2025) | 2.9000% | 2.9000% | — | 2.9000% | 2025 | 2.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,303,145 | $1,172,998 | ~$1,506,036 | $1,303,145 | 2025 | $1,084,686 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$137,243,708 | ~$49,500,000 | ~2.5883% | ~$1,281,204 | +205.0% |
| 2027 | ~$418,574,117 | ~$54,450,000 | ~2.5442% | ~$1,385,324 | +830.2% |
| 2028 | ~$1,276,592,526 | ~$59,895,000 | ~2.5001% | ~$1,497,456 | +2736.9% |
| 2029 | ~$3,893,428,693 | ~$65,884,500 | ~2.4561% | ~$1,618,161 | +8552.1% |
| 2030 | ~$11,874,413,084 | ~$72,472,950 | ~2.4120% | ~$1,748,033 | +26287.6% |
| 2026 | ~$136,343,708 | ~$49,500,000 | ~2.6324% | ~$1,303,022 | +203.0% |
| 2027 | ~$413,102,368 | ~$54,450,000 | ~2.6324% | ~$1,433,324 | +818.0% |
| 2028 | ~$1,251,642,411 | ~$59,895,000 | ~2.6324% | ~$1,576,657 | +2681.4% |
| 2029 | ~$3,792,301,484 | ~$65,884,500 | ~2.6324% | ~$1,734,322 | +8327.3% |
| 2030 | ~$11,490,143,209 | ~$72,472,950 | ~2.6324% | ~$1,907,755 | +25433.7% |
| 2026 | ~$138,143,708 | ~$49,500,000 | ~2.5663% | ~$1,270,294 | +207.0% |
| 2027 | ~$424,081,865 | ~$54,450,000 | ~2.5001% | ~$1,361,323 | +842.4% |
| 2028 | ~$1,301,872,025 | ~$59,895,000 | ~2.4340% | ~$1,457,855 | +2793.0% |
| 2029 | ~$3,996,565,072 | ~$65,884,500 | ~2.3679% | ~$1,560,080 | +8781.3% |
| 2030 | ~$12,268,895,920 | ~$72,472,950 | ~2.3018% | ~$1,668,171 | +27164.2% |
In 2025, this property's market value of $45,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 87× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $45,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $45,822,492 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $42,100,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,586,254 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | 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.