TOMICHI TRL 78669
| Owner | PATEL JAY ASHOK ETAL |
|---|---|
| Parcel ID | 0137881405 |
| Short ID | 980128 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 5,274 SF |
| Land SF | 26,533 SF |
| Acres | 0.609 |
| Year Built | 2024 |
| Legal | LAKEWAY HIGHLANDS PHS 3 SEC 7 BLK A LOT 181 |
| Neighborhood | R31000 |
| Land | $498,998 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $498,998 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $399,198 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $399,198 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $399,198 |
| Taxable Value | $399,198 |
|---|
Appreciation: Market value has risen +84.8% from $216,000 (2024) to $399,198 (2025), a CAGR of 84.8% over 1 year. 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.
Tax Burden: The combined rate across 5 taxing entities is 1.9341% in 2025 (+0.0156% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,721. Lake Travis ISD is the largest single contributor, at 51.7% of the total 2025 levy.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 125% of market value ($498,998 land vs $0 improvements), about $19/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.
Forward Outlook: Holding the +220.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $750,616,721 by 2031, with an estimated annual tax burden around $9,289,542. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,274 SF | ✗ |
| 1ST | 1st Floor | 3,198 SF | ✓ |
| 2ND | 2nd Floor | 2,076 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 830 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 726 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 220 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
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.
| 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% | $4,150.46 | $4,150.46 | Paid |
| U4L Travis County MUD # 13 | 0.6950% | 0.4950% | 0.3569% | 0.3175% | 0.3075% | -0.0100% | $1,534.42 | $1,534.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,500.37 | $1,500.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $471.15 | $471.15 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $371.31 | $371.31 | Paid |
| Combined Rate | 2.4913% | 2.2030% | 1.9173% | 1.9185% | 1.9341% | +0.0156% | $8,027.71 | $8,027.71 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $4,150.46 | 51.7% |
| U4L Travis County MUD # 13 | 0.3075% | $1,534.42 | 19.1% |
| TCO Travis County | 0.3758% | $1,500.37 | 18.7% |
| THD Travis Central Health | 0.1180% | $471.15 | 5.9% |
| E08 Travis County ESD # 08 | 0.0930% | $371.31 | 4.6% |
| Total | 1.9341% | $8,027.71 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,219,003 | $399,198 | +455.9% |
| Assessed Value | $2,219,003 | $399,198 | +455.9% |
| Land Value | $1,122,744 | $498,998 | +125.0% |
| Improvement Value | $1,096,259 | — | — |
| Taxable Value | $2,219,003 | $399,198 | +455.9% |
| Total Tax 2026 = estimate |
~$42,917
Estimated
|
~$8,028
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,219,003 | $1,122,744 | $1,096,259 | — | $2,219,003 | $2,219,003 | Not yet — post-cert | Preliminary |
| 2025 | $399,198 | $498,998 | — | — | $399,198 | $399,198 | ~$8,028 | Partial |
| 2024 | $216,000 | $270,000 | — | — | $216,000 | $216,000 | $4,315 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +455.9% ! | +455.9% | ~100% | Not available | Partial |
| 2025 | +84.8% ! | +84.8% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +84.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +455.9% | +270.3% | +220.5% | +455.9% | 2026 | +84.8% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 2024 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,028 | $6,172 | ~$2,825,381 | $8,028 | 2025 | $4,315 | 2024 |
Market value changed by 85% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,112,298 | ~$7,112,298 | ~1.7948% | ~$127,650 | +220.5% |
| 2028 | ~$22,796,177 | ~$22,796,177 | ~1.6555% | ~$377,387 | +927.3% |
| 2029 | ~$73,065,792 | ~$73,065,792 | ~1.5162% | ~$1,107,813 | +3192.7% |
| 2030 | ~$234,188,824 | ~$234,188,824 | ~1.3769% | ~$3,224,515 | +10453.8% |
| 2031 | ~$750,616,721 | ~$750,616,721 | ~1.2376% | ~$9,289,542 | +33726.8% |
| 2027 | ~$7,067,918 | ~$7,067,918 | ~1.9341% | ~$136,699 | +218.5% |
| 2028 | ~$22,512,573 | ~$22,512,573 | ~1.9341% | ~$435,412 | +914.5% |
| 2029 | ~$71,706,538 | ~$71,706,538 | ~1.9341% | ~$1,386,864 | +3131.5% |
| 2030 | ~$228,398,044 | ~$228,398,044 | ~1.9341% | ~$4,417,408 | +10192.8% |
| 2031 | ~$727,488,284 | ~$727,488,284 | ~1.9341% | ~$14,070,227 | +32684.5% |
| 2027 | ~$7,156,678 | ~$7,156,678 | ~1.7251% | ~$123,462 | +222.5% |
| 2028 | ~$23,081,557 | ~$23,081,557 | ~1.5162% | ~$349,959 | +940.2% |
| 2029 | ~$74,442,115 | ~$74,442,115 | ~1.3072% | ~$973,135 | +3254.8% |
| 2030 | ~$240,089,026 | ~$240,089,026 | ~1.0983% | ~$2,636,871 | +10719.7% |
| 2031 | ~$774,329,696 | ~$774,329,696 | ~0.8893% | ~$6,886,428 | +34795.4% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |