18901 HAMILTON POOL RD DRIPPING SPRINGS, TX 78620
| Owner | P M PETROLEUM INC |
|---|---|
| Parcel ID | 0511030315 |
| Short ID | 799634 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 10,616 SF |
| Land SF | 506,167 SF |
| Acres | 11.620 |
| Year Built | 2006 |
| Legal | 11.620A OF LOT 116 SADDLETREE RANCH SEC 3 |
| Neighborhood | 30SWE |
| Land | $506,167 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $506,167 |
| Improvement | $1,720,968 |
|---|---|
| Total Improvement | $1,720,968 |
| Market | $2,227,135 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,227,135 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,227,135 |
| Taxable Value | $2,227,135 |
|---|
Appreciation: Market value has risen +12.6% from $1,977,088 (2021) to $2,227,135 (2025), a CAGR of 3.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.6240% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $36,168. Lake Travis ISD is the largest single contributor, at 64.0% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 23% of market value ($506,167 land vs $1,720,968 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,227,135, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,584,623 by 2030, with an estimated annual tax burden around $36,309. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 35,000 SF | ✗ |
| 1ST | 1st Floor | 10,616 SF | ✓ |
| 501 | CANOPY | 3,734 SF | ✗ |
| 611 | TERRACE | 3,536 SF | ✗ |
| 437 | FENCE MASON LF | 58 SF | ✗ |
| 435 | FENCE IRON LF | 21 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $23,155.52 | $23,155.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,370.58 | $8,370.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,628.53 | $2,628.53 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,013.31 | $2,013.31 | Paid |
| Combined Rate | 1.7993% | 1.7157% | 1.5625% | 1.6056% | 1.6240% | +0.0184% | $36,167.94 | $36,167.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,320,933 | $2,227,135 | +4.2% |
| Assessed Value | $2,320,933 | $2,227,135 | +4.2% |
| Land Value | $506,167 | $506,167 | +0.0% |
| Improvement Value | $1,814,766 | $1,720,968 | +5.5% |
| Taxable Value | $2,320,933 | $2,227,135 | +4.2% |
| Total Tax 2026 = estimate |
~$37,691
Estimated
|
~$36,168
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,320,933 | $2,320,933 | +0 (+0.0%) |
| Taxable Value | $2,320,933 | $2,320,933 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,320,933 | $506,167 | $1,814,766 | — | $2,320,933 | $2,320,933 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,227,135 | $506,167 | $1,720,968 | — | $2,227,135 | $2,227,135 | ~$36,168 | Partial |
| 2024 | $2,148,693 | — | — | −$1,642,526 | $506,167 | $— | $36,352 | Verified |
| 2023 | $2,068,124 | — | — | −$1,561,957 | $506,167 | $— | $33,574 | Verified |
| 2022 | $1,800,000 | — | — | −$1,293,833 | $506,167 | $— | $35,483 | Verified |
| 2021 | $1,977,088 | — | — | −$1,470,921 | $506,167 | $— | $32,387 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2025 | -1.6% | -1.6% | ~100% | Not available | Partial |
| 2024 | +5.4% | +5.4% | ~100% | 1.6100% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.5600% | Verified |
| 2022 | +14.9% | +14.9% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 1.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.2% | +3.5% | +2.2% | +14.9% | 2023 | -9.0% | 2022 |
| Assessment Ratio | 100.0% | 50.3% | — | 100.0% | 2025 | 23.6% | 2024 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,168 | $34,793 | ~$36,314 | $36,352 | 2024 | $32,387 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,294,440 | ~$2,294,440 | ~1.5801% | ~$36,255 | +3.0% |
| 2027 | ~$2,363,779 | ~$2,363,779 | ~1.5363% | ~$36,315 | +6.1% |
| 2028 | ~$2,435,213 | ~$2,435,213 | ~1.4925% | ~$36,345 | +9.3% |
| 2029 | ~$2,508,806 | ~$2,508,806 | ~1.4487% | ~$36,344 | +12.6% |
| 2030 | ~$2,584,623 | ~$2,584,623 | ~1.4048% | ~$36,309 | +16.1% |
| 2026 | ~$2,249,897 | ~$2,249,897 | ~1.6240% | ~$36,538 | +1.0% |
| 2027 | ~$2,272,892 | ~$2,272,892 | ~1.6240% | ~$36,911 | +2.1% |
| 2028 | ~$2,296,122 | ~$2,296,122 | ~1.6240% | ~$37,288 | +3.1% |
| 2029 | ~$2,319,589 | ~$2,319,589 | ~1.6240% | ~$37,669 | +4.2% |
| 2030 | ~$2,343,296 | ~$2,343,296 | ~1.6240% | ~$38,054 | +5.2% |
| 2026 | ~$2,338,983 | ~$2,338,983 | ~1.5582% | ~$36,447 | +5.0% |
| 2027 | ~$2,456,447 | ~$2,456,447 | ~1.4925% | ~$36,662 | +10.3% |
| 2028 | ~$2,579,811 | ~$2,579,811 | ~1.4267% | ~$36,807 | +15.8% |
| 2029 | ~$2,709,370 | ~$2,709,370 | ~1.3610% | ~$36,874 | +21.7% |
| 2030 | ~$2,845,436 | ~$2,845,436 | ~1.2953% | ~$36,856 | +27.8% |
In 2025, this property's market value of $2,227,135 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +57% above the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial 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 | $2,227,135 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,148,693 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,068,124 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,800,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,977,088 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.