20001 HAMILTON POOL RD DRIPPING SPRINGS, TX 78620
| Owner | HENRY SCOTT V & SHARON K |
|---|---|
| Parcel ID | 0513070301 |
| Short ID | 353939 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 217,800 SF |
| Acres | 5.000 |
| Year Built | — |
| Legal | LOT 19 VISTA OAKS SEC 1 (1.4410AC IN TRAVIS CO) |
| Neighborhood | P5240 |
| Land | $1,000,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,000,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$978,938 |
| Net Appraised (assessed) | $21,062 |
| Taxable Value | $21,062 |
|---|
Appreciation: Market value has risen +6737.1% from $14,626 (2021) to $1,000,000 (2025), a CAGR of 187.6% 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 outpaced the broader land/vacant 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 $342. Lake Travis ISD is the largest single contributor, at 64.0% of the total 2025 levy.
Assessment Gap: Assessed value ($21,062) is $978,938 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 ($1,000,000 land vs $0 improvements), about $5/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 $1,000,000, 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 +187.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $196,604,312 by 2030, with an estimated annual tax burden around $2,761,950. 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 471% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $218.98 | $218.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $79.16 | $79.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24.86 | $24.86 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $19.04 | $19.04 | Paid |
| Combined Rate | 1.7993% | 1.7157% | 1.5625% | 1.6056% | 1.6240% | +0.0184% | $342.04 | $342.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,000,000 | $1,000,000 | +0.0% |
| Assessed Value | $25,274 | $21,062 | +20.0% |
| Land Value | $1,000,000 | $1,000,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $25,274 | $21,062 | +20.0% |
| HS Cap Loss | -$974,726 | — | |
| Total Tax 2026 = estimate |
~$410
Estimated
|
~$342
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,000,000 | $1,000,000 | +0 (+0.0%) |
| Taxable Value | $25,274 | $25,274 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,000,000 | $1,000,000 | — | −$974,726 | $25,274 | $25,274 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000,000 | $1,000,000 | — | −$978,938 | $21,062 | $21,062 | ~$342 | Partial |
| 2024 | $— | — | — | — | $83,578 | $— | $282 | Verified |
| 2023 | $— | — | — | — | $14,626 | $— | $229 | Verified |
| 2022 | $— | — | — | — | $14,626 | $— | $251 | Verified |
| 2021 | $14,626 | — | — | — | $14,626 | $— | $263 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 8.7% | Not available | Partial |
| 2025 | +247.0% ! | +313.8% | 7.3% | Not available | Partial |
| 2024 | +471.4% ! | +20.0% | 6.1% | 0.1000% | Verified |
| 2023 | +0.0% | +0.0% | 29.0% | 0.4500% | Verified |
| 2022 | +0.0% | -71.0% | 29.0% | 0.5000% | Verified |
| 2021 | base year | — | ~100% | 1.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1882.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3368.6% | +187.6% | +6737.1% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 2.5% | 34.9% | — | 100.0% | 2021 | 2.1% | 2025 |
| Effective Tax Rate (2025) | 0.0300% | 0.0300% | — | 0.0300% | 2025 | 0.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$342 | $303 | ~$855,951 | $342 | 2025 | $263 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,875,535 | ~$2,875,535 | ~1.5801% | ~$45,437 | +187.6% |
| 2027 | ~$8,268,700 | ~$8,268,700 | ~1.5363% | ~$127,033 | +726.9% |
| 2028 | ~$23,776,932 | ~$23,776,932 | ~1.4925% | ~$354,867 | +2277.7% |
| 2029 | ~$68,371,393 | ~$68,371,393 | ~1.4487% | ~$990,466 | +6737.1% |
| 2030 | ~$196,604,312 | ~$196,604,312 | ~1.4048% | ~$2,761,950 | +19560.4% |
| 2026 | ~$2,855,535 | ~$2,855,535 | ~1.6240% | ~$46,373 | +185.6% |
| 2027 | ~$8,154,078 | ~$8,154,078 | ~1.6240% | ~$132,420 | +715.4% |
| 2028 | ~$23,284,253 | ~$23,284,253 | ~1.6240% | ~$378,129 | +2228.4% |
| 2029 | ~$66,488,992 | ~$66,488,992 | ~1.6240% | ~$1,079,759 | +6548.9% |
| 2030 | ~$189,861,621 | ~$189,861,621 | ~1.6240% | ~$3,083,290 | +18886.2% |
| 2026 | ~$2,895,535 | ~$2,895,535 | ~1.5582% | ~$45,119 | +189.6% |
| 2027 | ~$8,384,121 | ~$8,384,121 | ~1.4925% | ~$125,132 | +738.4% |
| 2028 | ~$24,276,513 | ~$24,276,513 | ~1.4267% | ~$346,363 | +2327.7% |
| 2029 | ~$70,293,485 | ~$70,293,485 | ~1.3610% | ~$956,694 | +6929.3% |
| 2030 | ~$203,537,223 | ~$203,537,223 | ~1.2953% | ~$2,636,330 | +20253.7% |
In 2025, this property's market value of $1,000,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 12× 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 | $1,000,000 | $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 | $14,626 | $6,000 | $14,480 | $80,000 | ↑ 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.