4901 HAZELNUT LN TX 78617
| Owner | MERITAGE HOMES OF TEXAS LLC |
|---|---|
| Parcel ID | 0326431020 |
| Short ID | 587089 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 6,712 SF |
| Acres | 0.154 |
| Year Built | — |
| Legal | LOT 22 BLK C LEXINGTON PARKE SEC 1 |
| Neighborhood | G0340 |
| Land | $13,883 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,883 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $13,883 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,883 |
| Value Limitation Adjustment (−) (homestead cap) | −$4,883 |
| Net Appraised (assessed) | $9,000 |
| Taxable Value | $9,000 |
|---|
Appreciation: Market value has risen +85.1% from $7,500 (2021) to $13,883 (2025), a CAGR of 16.6% 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 $4,883 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 ($13,883 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 $13,883, 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 +16.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $29,975 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 85% 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% | $64.60 | $64.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $46.33 | $46.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14.55 | $14.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12.75 | $12.75 | Paid |
| Combined Rate | 1.1150% | 0.9783% | 0.9497% | 1.0313% | 1.1213% | +0.0900% | $138.23 | $138.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $321,091 | $13,883 | +2212.8% |
| Assessed Value | $321,091 | $9,000 | +3467.7% |
| Land Value | $55,530 | $13,883 | +300.0% |
| Improvement Value | $265,561 | — | — |
| Taxable Value | $288,982 | $9,000 | +3110.9% |
| Exemptions | HS | H | |
| Total Tax 2026 = estimate |
~$3,240
Estimated
|
~$138
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $321,091 | $321,091 | +0 (+0.0%) |
| Taxable Value | $288,982 | $288,982 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $321,091 | $55,530 | $265,561 | — | $321,091 | $288,982 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,883 | $13,883 | — | −$4,883 | $9,000 | $9,000 | ~$138 | 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 | +2212.8% ! | +3467.7% | ~100% | Not available | Partial |
| 2025 | +85.1% ! | +20.0% | 64.8% | 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): +85.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2212.8% | +1149.0% | -5.7% | +2212.8% | 2026 | +85.1% | 2025 |
| Assessment Ratio | 100.0% | 88.3% | — | 100.0% | 2021 | 64.8% | 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 |
$138 | $156 | ~$136 | $174 | 2021 | $138 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,193 | ~$9,900 | ~1.1229% | ~$111 | +16.6% |
| 2027 | ~$18,888 | ~$10,890 | ~1.1244% | ~$122 | +36.1% |
| 2028 | ~$22,032 | ~$11,979 | ~1.1260% | ~$135 | +58.7% |
| 2029 | ~$25,698 | ~$13,177 | ~1.1276% | ~$149 | +85.1% |
| 2030 | ~$29,975 | ~$14,495 | ~1.1292% | ~$164 | +115.9% |
| 2026 | ~$15,916 | ~$9,900 | ~1.1213% | ~$111 | +14.6% |
| 2027 | ~$18,246 | ~$10,890 | ~1.1213% | ~$122 | +31.4% |
| 2028 | ~$20,918 | ~$11,979 | ~1.1213% | ~$134 | +50.7% |
| 2029 | ~$23,981 | ~$13,177 | ~1.1213% | ~$148 | +72.7% |
| 2030 | ~$27,492 | ~$14,495 | ~1.1213% | ~$163 | +98.0% |
| 2026 | ~$16,471 | ~$9,900 | ~1.1237% | ~$111 | +18.6% |
| 2027 | ~$19,542 | ~$10,890 | ~1.1260% | ~$123 | +40.8% |
| 2028 | ~$23,185 | ~$11,979 | ~1.1284% | ~$135 | +67.0% |
| 2029 | ~$27,507 | ~$13,177 | ~1.1307% | ~$149 | +98.1% |
| 2030 | ~$32,635 | ~$14,495 | ~1.1331% | ~$164 | +135.1% |
In 2025, this property's market value of $13,883 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 | $13,883 | $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.