5624 CORSO CT TX 78747
| Owner | BIGFORD JORDAN & YESCENYA VELASCO |
|---|---|
| Parcel ID | 0447070737 |
| Short ID | 931705 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,704 SF |
| Land SF | 4,792 SF |
| Acres | 0.110 |
| Year Built | 2021 |
| Legal | LOT 28 BLK A BELLA FORTUNA PHS 1 SUBD |
| Neighborhood | H1501 |
| Land | $61,273 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $61,273 |
| Improvement | $264,736 |
|---|---|
| Total Improvement | $264,736 |
| Market | $326,009 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $326,009 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $326,009 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $326,009 |
Appreciation: Market value has risen +579.2% from $48,000 (2021) to $326,009 (2025), a CAGR of 61.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
Tax Burden: The combined rate across 6 taxing entities is 1.7225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,615. Austin ISD is the largest single contributor, at 33.7% 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 19% of market value ($61,273 land vs $264,736 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +49.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,756,861 by 2031, with an estimated annual tax burden around $9,131. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,704 SF | ✗ |
| 2ND | 2nd Floor | 899 SF | ✓ |
| 1ST | 1st Floor | 805 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 389 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 126 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,720.96 | $1,720.96 | Paid |
| P10A | — | — | — | — | — | — | $1,107.53 | $1,107.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $980.23 | $980.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $331.92 | $331.92 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $326.01 | $326.01 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $326.01 | $326.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $307.81 | $307.81 | Paid |
| Combined Rate | 1.8357% | 1.7020% | 1.5634% | 1.7042% | 1.7225% | +0.0183% | $5,100.47 | $5,100.47 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,720.96 | 33.7% |
| P10A | — | $1,107.53 | 21.7% |
| TCO Travis County | 0.3758% | $980.23 | 19.2% |
| ACT Austin Community College | 0.1034% | $331.92 | 6.5% |
| E11 Travis County ESD # 11 | 0.1000% | $326.01 | 6.4% |
| E15 Travis County ESD # 15 | 0.1000% | $326.01 | 6.4% |
| THD Travis Central Health | 0.1180% | $307.81 | 6.0% |
| Total | 1.7225% 6 of 7 | $5,100.47 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $363,771 | $326,009 | +11.6% |
| Assessed Value | $358,610 | $326,009 | +10.0% |
| Land Value | $61,273 | $61,273 | +0.0% |
| Improvement Value | $302,498 | $264,736 | +14.3% |
| Taxable Value | $358,610 | $326,009 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$5,161 | — | |
| Total Tax 2026 = estimate |
~$6,177
Estimated
|
~$5,100
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $363,771 | $61,273 | $302,498 | −$5,161 | $358,610 | $358,610 | Not yet — post-cert | Preliminary |
| 2025 | $326,009 | $61,273 | $264,736 | — | $326,009 | $326,009 | ~$5,100 | Partial |
| 2024 | $376,527 | $60,000 | $316,527 | — | $376,527 | $313,222 | $6,242 | Verified |
| 2023 | $409,873 | $60,000 | $349,873 | −$4,645 | $405,228 | $336,182 | $6,312 | Verified |
| 2022 | $414,871 | $60,000 | $354,871 | — | $414,871 | $414,871 | $6,871 | Verified |
| 2021 | $48,000 | $48,000 | — | — | $48,000 | $48,000 | $2,055 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.6% | +10.0% | 98.6% | Not available | Partial |
| 2025 | -13.4% | -13.4% | ~100% | Not available | Partial |
| 2024 | -8.1% | -7.1% | ~100% | No billing data | Verified |
| 2023 | -1.2% | -2.3% | 98.9% | No billing data | Verified |
| 2022 | +764.3% ! | +764.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +579.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.6% | +150.6% | +49.9% | +764.3% | 2022 | -13.4% | 2025 |
| Assessment Ratio | 98.6% | 99.6% | — | 100.0% | 2021 | 98.6% | 2026 |
| Effective Tax Rate (2025) | 1.5600% | 1.5600% | — | 1.5600% | 2025 | 1.5600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,100 | $5,316 | ~$7,861 | $6,871 | 2022 | $2,055 | 2021 |
Market value changed by 764% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$545,438 | ~$394,471 | ~1.6942% | ~$6,683 | +49.9% |
| 2028 | ~$817,830 | ~$433,918 | ~1.6659% | ~$7,228 | +124.8% |
| 2029 | ~$1,226,253 | ~$477,310 | ~1.6376% | ~$7,816 | +237.1% |
| 2030 | ~$1,838,644 | ~$525,041 | ~1.6093% | ~$8,449 | +405.4% |
| 2031 | ~$2,756,861 | ~$577,545 | ~1.5810% | ~$9,131 | +657.9% |
| 2027 | ~$538,163 | ~$394,471 | ~1.7225% | ~$6,795 | +47.9% |
| 2028 | ~$796,158 | ~$433,918 | ~1.7225% | ~$7,474 | +118.9% |
| 2029 | ~$1,177,835 | ~$477,310 | ~1.7225% | ~$8,222 | +223.8% |
| 2030 | ~$1,742,489 | ~$525,041 | ~1.7225% | ~$9,044 | +379.0% |
| 2031 | ~$2,577,837 | ~$577,545 | ~1.7225% | ~$9,948 | +608.6% |
| 2027 | ~$552,713 | ~$394,471 | ~1.6800% | ~$6,627 | +51.9% |
| 2028 | ~$839,793 | ~$433,918 | ~1.6376% | ~$7,106 | +130.9% |
| 2029 | ~$1,275,980 | ~$477,310 | ~1.5951% | ~$7,614 | +250.8% |
| 2030 | ~$1,938,724 | ~$525,041 | ~1.5527% | ~$8,152 | +433.0% |
| 2031 | ~$2,945,696 | ~$577,545 | ~1.5102% | ~$8,722 | +709.8% |
| 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 | 2021–2024 | 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 | 2021, 2022, 2023, 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 | — |