4900 HAZELNUT LN TX 78617
| Owner | MERITAGE HOMES OF TEXAS LLC |
|---|---|
| Parcel ID | 0326430813 |
| Short ID | 587044 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 5,866 SF |
| Acres | 0.135 |
| Year Built | — |
| Legal | LOT 15 BLK D LEXINGTON PARKE SEC 1 |
| Neighborhood | G0340 |
| Land | $13,222 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,222 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $13,222 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,222 |
| Value Limitation Adjustment (−) (homestead cap) | −$4,222 |
| Net Appraised (assessed) | $9,000 |
| Taxable Value | $9,000 |
|---|
Appreciation: Market value has risen +76.3% from $7,500 (2021) to $13,222 (2025), a CAGR of 15.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.1213% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $101. City of Austin is the largest single contributor, at 46.7% of the total 2025 levy.
Assessment Gap: Assessed value ($9,000) is $4,222 below market value, suggesting potential for an upward assessment in future years.
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 ($13,222 land vs $0 improvements), about $2/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 $13,222, this parcel sits in the bottom quartile (<25th 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 +15.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $26,859 by 2030, with an estimated annual tax burden around $164. 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 76% in 2025, 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $61.82 | $61.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $44.34 | $44.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13.92 | $13.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12.20 | $12.20 | Paid |
| Combined Rate | 1.1150% | 0.9783% | 0.9497% | 1.0313% | 1.1213% | +0.0900% | $132.28 | $132.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $309,218 | $13,222 | +2238.7% |
| Assessed Value | $270,875 | $9,000 | +2909.7% |
| Land Value | $52,887 | $13,222 | +300.0% |
| Improvement Value | $256,331 | — | — |
| Taxable Value | $216,700 | $9,000 | +2307.8% |
| Exemptions | HS | H | |
| HS Cap Loss | -$38,343 | — | |
| Total Tax 2026 = estimate |
~$2,430
Estimated
|
~$132
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $309,218 | $309,218 | +0 (+0.0%) |
| Taxable Value | $216,700 | $216,700 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $309,218 | $52,887 | $256,331 | −$38,343 | $270,875 | $216,700 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,222 | $13,222 | — | −$4,222 | $9,000 | $9,000 | ~$132 | Partial |
| 2024 | $— | — | — | — | $7,500 | $— | $152 | Verified |
| 2023 | $— | — | — | — | $7,500 | $— | $146 | Verified |
| 2022 | $— | — | — | — | $7,500 | $— | $162 | Verified |
| 2021 | $7,500 | — | — | — | $7,500 | $— | $174 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2238.7% ! | +2909.7% | 87.6% | Not available | Partial |
| 2025 | +76.3% ! | +20.0% | 68.1% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.9500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +76.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2238.7% | +1157.5% | -6.8% | +2238.7% | 2026 | +76.3% | 2025 |
| Assessment Ratio | 87.6% | 85.2% | — | 100.0% | 2021 | 68.1% | 2025 |
| Effective Tax Rate (2025) | 1.0000% | 1.0000% | — | 1.0000% | 2025 | 1.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$132 | $153 | ~$136 | $174 | 2021 | $132 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$15,235 | ~$9,900 | ~1.1229% | ~$111 | +15.2% |
| 2027 | ~$17,556 | ~$10,890 | ~1.1244% | ~$122 | +32.8% |
| 2028 | ~$20,229 | ~$11,979 | ~1.1260% | ~$135 | +53.0% |
| 2029 | ~$23,310 | ~$13,177 | ~1.1276% | ~$149 | +76.3% |
| 2030 | ~$26,859 | ~$14,495 | ~1.1292% | ~$164 | +103.1% |
| 2026 | ~$14,971 | ~$9,900 | ~1.1213% | ~$111 | +13.2% |
| 2027 | ~$16,951 | ~$10,890 | ~1.1213% | ~$122 | +28.2% |
| 2028 | ~$19,194 | ~$11,979 | ~1.1213% | ~$134 | +45.2% |
| 2029 | ~$21,733 | ~$13,177 | ~1.1213% | ~$148 | +64.4% |
| 2030 | ~$24,608 | ~$14,495 | ~1.1213% | ~$163 | +86.1% |
| 2026 | ~$15,500 | ~$9,900 | ~1.1237% | ~$111 | +17.2% |
| 2027 | ~$18,170 | ~$10,890 | ~1.1260% | ~$123 | +37.4% |
| 2028 | ~$21,301 | ~$11,979 | ~1.1284% | ~$135 | +61.1% |
| 2029 | ~$24,970 | ~$13,177 | ~1.1307% | ~$149 | +88.9% |
| 2030 | ~$29,272 | ~$14,495 | ~1.1331% | ~$164 | +121.4% |
In 2025, this property's market value of $13,222 places it in the bottom 25% for Land/Vacant properties in Travis County (35611 comparable) — -84% below 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 | $13,222 | $24,862 | $85,028 | $363,420 | ↓ Bottom 25% | +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 | $7,500 | $6,000 | $14,480 | $80,000 | ↓ Below 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.