9209 HOPELAND DR TX 78749
| Owner | BALINUCCI GABRIEL |
|---|---|
| Parcel ID | 0418401053 |
| Short ID | 512139 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 10,014 SF |
| Acres | 0.230 |
| Year Built | — |
| Legal | LOT 20 BLK A CIRCLE C RANCH PHS B SEC 20-B |
| Neighborhood | O0740 |
| Land | $373,841 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $373,841 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $373,841 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $373,841 |
| Value Limitation Adjustment (−) (homestead cap) | −$16,341 |
| Net Appraised (assessed) | $357,500 |
| Exemptions (−) (HS) | −$71,500 |
|---|---|
| Taxable Value | $286,000 |
Appreciation: Market value has risen +273.8% from $100,000 (2021) to $373,841 (2025), a CAGR of 39.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,853. Austin ISD is the largest single contributor, at 47.4% of the total 2025 levy.
Assessment Gap: Assessed value ($357,500) is $16,341 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 ($373,841 land vs $0 improvements), about $37/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 $373,841, this parcel sits in the top quartile (≥75th 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 +39.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,943,326 by 2030, with an estimated annual tax burden around $10,846. 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 225% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $2,948.21 | $2,948.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,498.69 | $1,498.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,074.92 | $1,074.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $365.96 | $365.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $337.55 | $337.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,225.33 | $6,225.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $409,138 | $373,841 | +9.4% |
| Assessed Value | $393,250 | $357,500 | +10.0% |
| Land Value | $409,138 | $373,841 | +9.4% |
| Improvement Value | — | — | — |
| Taxable Value | $314,600 | $286,000 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$15,888 | — | |
| Total Tax 2026 = estimate |
~$6,438
Estimated
|
~$6,225
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $409,138 | $409,138 | +0 (+0.0%) |
| Taxable Value | $314,600 | $314,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $409,138 | $409,138 | — | −$15,888 | $393,250 | $314,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $373,841 | $373,841 | — | −$16,341 | $357,500 | $286,000 | ~$6,225 | Partial |
| 2024 | $— | — | — | — | $325,000 | $— | $4,881 | Verified |
| 2023 | $— | — | — | — | $325,000 | $— | $4,467 | Verified |
| 2022 | $— | — | — | — | $325,000 | $— | $5,448 | Verified |
| 2021 | $100,000 | — | — | — | $100,000 | $— | $2,177 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.4% | +10.0% | 96.1% | Not available | Partial |
| 2025 | +15.0% | +10.0% | 95.6% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.5000% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.3700% | Verified |
| 2022 | +225.0% ! | +225.0% | ~100% | 1.6800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +273.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.4% | +141.6% | +36.7% | +273.8% | 2025 | +9.4% | 2026 |
| Assessment Ratio | 96.1% | 97.2% | — | 100.0% | 2021 | 95.6% | 2025 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,225 | $4,201 | ~$9,328 | $6,225 | 2025 | $2,177 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$519,827 | ~$393,250 | ~2.0139% | ~$7,920 | +39.1% |
| 2027 | ~$722,820 | ~$432,575 | ~1.9814% | ~$8,571 | +93.3% |
| 2028 | ~$1,005,083 | ~$475,833 | ~1.9488% | ~$9,273 | +168.9% |
| 2029 | ~$1,397,571 | ~$523,416 | ~1.9163% | ~$10,030 | +273.8% |
| 2030 | ~$1,943,326 | ~$575,757 | ~1.8837% | ~$10,846 | +419.8% |
| 2026 | ~$512,350 | ~$393,250 | ~2.0465% | ~$8,048 | +37.1% |
| 2027 | ~$702,177 | ~$432,575 | ~2.0465% | ~$8,853 | +87.8% |
| 2028 | ~$962,335 | ~$475,833 | ~2.0465% | ~$9,738 | +157.4% |
| 2029 | ~$1,318,882 | ~$523,416 | ~2.0465% | ~$10,712 | +252.8% |
| 2030 | ~$1,807,532 | ~$575,757 | ~2.0465% | ~$11,783 | +383.5% |
| 2026 | ~$527,304 | ~$393,250 | ~1.9977% | ~$7,856 | +41.1% |
| 2027 | ~$743,763 | ~$432,575 | ~1.9488% | ~$8,430 | +99.0% |
| 2028 | ~$1,049,079 | ~$475,833 | ~1.9000% | ~$9,041 | +180.6% |
| 2029 | ~$1,479,729 | ~$523,416 | ~1.8512% | ~$9,689 | +295.8% |
| 2030 | ~$2,087,161 | ~$575,757 | ~1.8024% | ~$10,377 | +458.3% |
In 2025, this property's market value of $373,841 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $373,841 | $24,862 | $85,028 | $363,420 | ↑ Top 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 | $100,000 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | 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.