WELLS RD TX 78653
| Owner | HJALMAR LLC |
|---|---|
| Parcel ID | 0259990305 |
| Short ID | 264084 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 1,966 SF |
| Land SF | 3,463,020 SF |
| Acres | 79.500 |
| Year Built | 1984 |
| Legal | ABS 518 SUR 65 MARTIN H ACR 78.50 (1-D-1) |
| Neighborhood | _RGN320 |
| Land | $2,882,938 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,882,938 |
| Improvement | $188,397 |
|---|---|
| Total Improvement | $188,397 |
| Market | $3,071,335 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,071,335 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,821,370 |
| Net Appraised (assessed) | $249,965 |
| Taxable Value | $249,965 |
|---|
Appreciation: Market value has risen +2015.1% from $145,212 (2021) to $3,071,335 (2025), a CAGR of 114.5% over 4 years. 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 Agricultural parcel countywide rose +479.4%, so this parcel has outpaced the broader agricultural market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 0.6973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,743. Travis County is the largest single contributor, at 53.9% of the total 2025 levy.
Assessment Gap: Assessed value ($249,965) is $2,821,370 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes.
Value Composition: Land carries 94% of market value ($2,882,938 land vs $188,397 improvements), about $1/SF of land. With value concentrated in the land under a ~42-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,071,335, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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 +155.5% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $334,178,014 by 2030, with an estimated annual tax burden around $2,924. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,966 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,966 SF | ✗ |
| 051 | CARPORT DET 1ST | 484 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 418 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 208 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 264084 | ANDERSON WANDA LIFE ESTATE | 16201 WELLS RD 78653 | $169,807 | $169,807 | $169,807 |
| 264085 | HJALMAR LLC | 0.000 | $2,355,000 | $26,024 | $26,024 |
Market value changed by 222% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $939.49 | $939.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $295.01 | $295.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $258.47 | $258.47 | Paid |
| E13 Travis County ESD # 13 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $249.96 | $249.96 | Paid |
| Combined Rate | 0.6740% | 0.6156% | 0.6039% | 0.6537% | 0.6973% | +0.0436% | $1,742.93 | $1,742.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,524,807 | $3,071,335 | -17.8% |
| Assessed Value | $195,831 | $249,965 | -21.7% |
| Land Value | $2,385,000 | $2,882,938 | -17.3% |
| Improvement Value | $139,807 | $188,397 | -25.8% |
| Taxable Value | $195,831 | $249,965 | -21.7% |
| HS Cap Loss | -$2,328,976 | — | |
| Total Tax 2026 = estimate |
~$1,365
Estimated
|
~$1,743
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,524,807 | $2,524,807 | +0 (+0.0%) |
| Taxable Value | $195,831 | $195,831 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,524,807 | $2,385,000 | $139,807 | −$2,328,976 | $195,831 | $195,831 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,071,335 | $2,882,938 | $188,397 | −$2,821,370 | $249,965 | $249,965 | ~$1,743 | Partial |
| 2024 | $299,357 | — | — | −$149,544 | $149,813 | $— | $2,363 | Verified |
| 2023 | $283,324 | — | — | −$208,411 | $74,913 | $— | $1,964 | Verified |
| 2022 | $184,220 | — | — | −$109,307 | $74,913 | $— | $1,906 | Verified |
| 2021 | $145,212 | — | — | −$137,838 | $7,374 | $— | $1,422 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.3% | +2.6% | 1.1% | Not available | Partial |
| 2025 | +0.0% | +9.3% | 0.9% | Not available | Partial |
| 2024 | +221.9% ! | -9.9% | 0.8% | 0.0700% | Verified |
| 2023 | +0.0% | -2.0% | 2.9% | 0.1700% | Verified |
| 2022 | +52.6% | -1.9% | 3.0% | 0.1600% | Verified |
| 2021 | base year | — | 4.6% | 0.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +391.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.8% | +198.9% | +166.5% | +926.0% | 2025 | -17.8% | 2026 |
| Assessment Ratio | 7.8% | 23.0% | — | 50.0% | 2024 | 5.1% | 2021 |
| Effective Tax Rate (2025) | 0.0100% | 0.0100% | — | 0.0100% | 2025 | 0.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,743 | $1,880 | ~$2,403 | $2,363 | 2024 | $1,422 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,846,163 | ~$274,962 | ~0.7031% | ~$1,933 | +155.5% |
| 2027 | ~$20,044,142 | ~$302,458 | ~0.7089% | ~$2,144 | +552.6% |
| 2028 | ~$51,205,617 | ~$332,703 | ~0.7147% | ~$2,378 | +1567.2% |
| 2029 | ~$130,812,045 | ~$365,974 | ~0.7206% | ~$2,637 | +4159.1% |
| 2030 | ~$334,178,014 | ~$402,571 | ~0.7264% | ~$2,924 | +10780.5% |
| 2026 | ~$7,784,736 | ~$274,962 | ~0.6973% | ~$1,917 | +153.5% |
| 2027 | ~$19,731,524 | ~$302,458 | ~0.6973% | ~$2,109 | +542.4% |
| 2028 | ~$50,012,359 | ~$332,703 | ~0.6973% | ~$2,320 | +1528.4% |
| 2029 | ~$126,763,452 | ~$365,974 | ~0.6973% | ~$2,552 | +4027.3% |
| 2030 | ~$321,300,035 | ~$402,571 | ~0.6973% | ~$2,807 | +10361.3% |
| 2026 | ~$7,907,590 | ~$274,962 | ~0.7060% | ~$1,941 | +157.5% |
| 2027 | ~$20,359,217 | ~$302,458 | ~0.7147% | ~$2,162 | +562.9% |
| 2028 | ~$52,417,705 | ~$332,703 | ~0.7235% | ~$2,407 | +1606.7% |
| 2029 | ~$134,956,852 | ~$365,974 | ~0.7322% | ~$2,680 | +4294.1% |
| 2030 | ~$347,465,651 | ~$402,571 | ~0.7409% | ~$2,983 | +11213.2% |
In 2025, this property's market value of $3,071,335 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 5× the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $3,071,335 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | $299,357 | $217,016 | $597,296 | $1,446,593 | ↓ Below median | +23.7% |
| 2023 | $283,324 | $167,963 | $453,916 | $1,078,522 | ↓ Below median | +0.0% |
| 2022 | $184,220 | $180,794 | $446,888 | $1,009,883 | ↓ Below median | +46.1% |
| 2021 | $145,212 | $33,611 | $103,166 | $247,000 | ↑ Above median | 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.