ELROY RD TX 78617
| Owner | HILGERS WILLIAM B & HILGERS FAMILY TRUST |
|---|---|
| Parcel ID | 0348410301 |
| Short ID | 300366 |
| Type | Real |
| Use Code | D1 Acreage — Qualified Open-Space Land (1-d-1) |
| Valuation | Productivity |
| Improvement SF | 2,785 SF |
| Land SF | 6,328,266 SF |
| Acres | 145.277 |
| Year Built | 1969 |
| Legal | ABS 797 SUR 5 WESTBROOK T B ACR 144.857 (1-D-1) |
| Neighborhood | _RGN415 |
| Land | $3,911,172 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,911,172 |
| Improvement | $446,989 |
|---|---|
| Total Improvement | $446,989 |
| Market | $4,358,161 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,358,161 |
| Value Limitation Adjustment (−) (homestead cap) | −$4,075,245 |
| Net Appraised (assessed) | $282,916 |
| Taxable Value | $282,916 |
|---|
Appreciation: Market value has risen +3027.0% from $139,370 (2021) to $4,358,161 (2025), a CAGR of 136.5% 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 6 taxing entities is 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $4,940. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
Assessment Gap: Assessed value ($282,916) is $4,075,245 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 90% of market value ($3,911,172 land vs $446,989 improvements), about $1/SF of land. With value concentrated in the land under a ~57-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 $4,358,161, 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 +159.1% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $509,108,425 by 2030, with an estimated annual tax burden around $6,647. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,785 SF | ✓ |
| 630 | PORCH CLOS FIN | 600 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 530 SF | ✗ |
| 061 | CARPORT ATT 1ST | 400 SF | ✗ |
| 612 | TERRACE UNCOVERD | 396 SF | ✗ |
| 051 | CARPORT DET 1ST | 320 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 341 | OUT BUILDINGS FV | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 300366 | HILGERS WILLIAM B | 8027 ELROY RD 78617 | $201,930 | $201,930 | $201,930 |
| 300367 | HILGERS WILLIAM B & HILGERS FAMILY TRUST | 144.857 | $5,214,852 | $18,249 | $18,249 |
Market value changed by 100% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $2,684.59 | $2,684.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,063.32 | $1,063.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $333.91 | $333.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $292.54 | $292.54 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $282.92 | $282.92 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $282.92 | $282.92 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $4,940.20 | $4,940.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,416,782 | $4,358,161 | +24.3% |
| Assessed Value | $220,179 | $282,916 | -22.2% |
| Land Value | $5,229,972 | $3,911,172 | +33.7% |
| Improvement Value | $186,810 | $446,989 | -58.2% |
| Taxable Value | $220,179 | $282,916 | -22.2% |
| HS Cap Loss | -$5,196,603 | — | |
| Total Tax 2026 = estimate |
~$3,845
Estimated
|
~$4,940
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,416,782 | $5,416,782 | +0 (+0.0%) |
| Taxable Value | $220,179 | $220,179 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,416,782 | $5,229,972 | $186,810 | −$5,196,603 | $220,179 | $220,179 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,358,161 | $3,911,172 | $446,989 | −$4,075,245 | $282,916 | $282,916 | ~$4,940 | Partial |
| 2024 | $311,494 | — | — | −$300,187 | $11,307 | $— | $4,106 | Verified |
| 2023 | $311,494 | — | — | −$307,714 | $3,780 | $— | $5,569 | Verified |
| 2022 | $250,495 | — | — | −$246,715 | $3,780 | $— | $6,190 | Verified |
| 2021 | $139,370 | — | — | −$137,480 | $1,890 | $— | $5,272 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.7% | +7.6% | 0.4% | Not available | Partial |
| 2025 | +0.0% | +31.2% | 0.4% | Not available | Partial |
| 2024 | +199.1% ! | -12.8% | 0.3% | 0.1000% | Verified |
| 2023 | +0.0% | -7.6% | 1.1% | 0.3400% | Verified |
| 2022 | +100.0% ! | -1.7% | 1.2% | 0.3800% | Verified |
| 2021 | base year | — | 2.5% | 3.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +498.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.3% | +285.5% | +149.0% | +1299.1% | 2025 | +0.0% | 2024 |
| Assessment Ratio | 4.1% | 3.1% | — | 6.5% | 2025 | 1.2% | 2023 |
| 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 |
$4,940 | $5,216 | ~$5,939 | $6,190 | 2022 | $4,106 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,292,879 | ~$311,208 | ~1.6887% | ~$5,255 | +159.1% |
| 2027 | ~$29,262,139 | ~$342,328 | ~1.6313% | ~$5,584 | +571.4% |
| 2028 | ~$75,824,137 | ~$376,561 | ~1.5738% | ~$5,926 | +1639.8% |
| 2029 | ~$196,475,717 | ~$414,217 | ~1.5164% | ~$6,281 | +4408.2% |
| 2030 | ~$509,108,425 | ~$455,639 | ~1.4589% | ~$6,647 | +11581.7% |
| 2026 | ~$11,205,716 | ~$311,208 | ~1.7462% | ~$5,434 | +157.1% |
| 2027 | ~$28,812,168 | ~$342,328 | ~1.7462% | ~$5,978 | +561.1% |
| 2028 | ~$74,081,926 | ~$376,561 | ~1.7462% | ~$6,575 | +1599.8% |
| 2029 | ~$190,479,654 | ~$414,217 | ~1.7462% | ~$7,233 | +4270.6% |
| 2030 | ~$489,761,818 | ~$455,639 | ~1.7462% | ~$7,956 | +11137.8% |
| 2026 | ~$11,380,042 | ~$311,208 | ~1.6600% | ~$5,166 | +161.1% |
| 2027 | ~$29,715,598 | ~$342,328 | ~1.5738% | ~$5,388 | +581.8% |
| 2028 | ~$77,593,452 | ~$376,561 | ~1.4876% | ~$5,602 | +1680.4% |
| 2029 | ~$202,612,239 | ~$414,217 | ~1.4015% | ~$5,805 | +4549.0% |
| 2030 | ~$529,061,643 | ~$455,639 | ~1.3153% | ~$5,993 | +12039.6% |
In 2025, this property's market value of $4,358,161 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 7× 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 | $4,358,161 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | $311,494 | $217,016 | $597,296 | $1,446,593 | ↓ Below median | +23.7% |
| 2023 | $311,494 | $167,963 | $453,916 | $1,078,522 | ↓ Below median | +0.0% |
| 2022 | $250,495 | $180,794 | $446,888 | $1,009,883 | ↓ Below median | +46.1% |
| 2021 | $139,370 | $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.