5621 CORSO CT TX 78747
| Owner | NIMASHAKAVI KIRANKUMAR & CHAITANYA BABU SK PALLAPOTHULA |
|---|---|
| Parcel ID | 0449070101 |
| Short ID | 931773 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,538 SF |
| Land SF | 4,792 SF |
| Acres | 0.110 |
| Year Built | 2021 |
| Legal | LOT 17 BLK A BELLA FORTUNA PHS 1 SUBD |
| Neighborhood | H1501 |
| Land | $61,273 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $61,273 |
| Improvement | $294,359 |
|---|---|
| Total Improvement | $294,359 |
| Market | $355,632 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $355,632 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $355,632 |
| Taxable Value | $355,632 |
|---|
Appreciation: Market value has risen +640.9% from $48,000 (2021) to $355,632 (2025), a CAGR of 65.0% 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 $6,126. Austin ISD is the largest single contributor, at 45.5% 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 17% of market value ($61,273 land vs $294,359 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 +48.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,463,384 by 2031, with an estimated annual tax burden around $8,755. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,538 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,538 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 399 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 123 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 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% | $3,290.31 | $3,290.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,336.63 | $1,336.63 | Paid |
| P10A | — | — | — | — | — | — | $1,107.53 | $1,107.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $419.73 | $419.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $367.72 | $367.72 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $355.63 | $355.63 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $355.63 | $355.63 | Paid |
| Combined Rate | 1.8357% | 1.7020% | 1.5634% | 1.7042% | 1.7225% | +0.0183% | $7,233.18 | $7,233.18 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $3,290.31 | 45.5% |
| TCO Travis County | 0.3758% | $1,336.63 | 18.5% |
| P10A | — | $1,107.53 | 15.3% |
| THD Travis Central Health | 0.1180% | $419.73 | 5.8% |
| ACT Austin Community College | 0.1034% | $367.72 | 5.1% |
| E11 Travis County ESD # 11 | 0.1000% | $355.63 | 4.9% |
| E15 Travis County ESD # 15 | 0.1000% | $355.63 | 4.9% |
| Total | 1.7225% 6 of 7 | $7,233.18 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $343,864 | $355,632 | -3.3% |
| Assessed Value | $343,864 | $355,632 | -3.3% |
| Land Value | $61,273 | $61,273 | +0.0% |
| Improvement Value | $282,591 | $294,359 | -4.0% |
| Taxable Value | $343,864 | $355,632 | -3.3% |
| Total Tax 2026 = estimate |
~$5,923
Estimated
|
~$7,233
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $343,864 | $61,273 | $282,591 | — | $343,864 | $343,864 | Not yet — post-cert | Preliminary |
| 2025 | $355,632 | $61,273 | $294,359 | — | $355,632 | $355,632 | ~$7,233 | Partial |
| 2024 | $400,047 | $60,000 | $340,047 | — | $400,047 | $400,047 | $7,939 | Verified |
| 2023 | $400,290 | $60,000 | $340,290 | — | $400,290 | $400,290 | $7,379 | Verified |
| 2022 | $405,151 | $60,000 | $345,151 | — | $405,151 | $405,151 | $8,069 | 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 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2025 | -11.1% | -11.1% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | No billing data | Verified |
| 2023 | -1.2% | -1.2% | ~100% | No billing data | Verified |
| 2022 | +744.1% ! | +744.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +640.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.3% | +145.7% | +48.3% | +744.1% | 2022 | -11.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,233 | $6,535 | ~$7,538 | $8,069 | 2022 | $2,055 | 2021 |
Market value changed by 744% 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 | ~$509,819 | ~$378,250 | ~1.6942% | ~$6,408 | +48.3% |
| 2028 | ~$755,866 | ~$416,075 | ~1.6659% | ~$6,931 | +119.8% |
| 2029 | ~$1,120,660 | ~$457,683 | ~1.6376% | ~$7,495 | +225.9% |
| 2030 | ~$1,661,510 | ~$503,451 | ~1.6093% | ~$8,102 | +383.2% |
| 2031 | ~$2,463,384 | ~$553,796 | ~1.5810% | ~$8,755 | +616.4% |
| 2027 | ~$502,941 | ~$378,250 | ~1.7225% | ~$6,515 | +46.3% |
| 2028 | ~$735,611 | ~$416,075 | ~1.7225% | ~$7,167 | +113.9% |
| 2029 | ~$1,075,917 | ~$457,683 | ~1.7225% | ~$7,883 | +212.9% |
| 2030 | ~$1,573,655 | ~$503,451 | ~1.7225% | ~$8,672 | +357.6% |
| 2031 | ~$2,301,656 | ~$553,796 | ~1.7225% | ~$9,539 | +569.4% |
| 2027 | ~$516,696 | ~$378,250 | ~1.6800% | ~$6,355 | +50.3% |
| 2028 | ~$776,396 | ~$416,075 | ~1.6376% | ~$6,813 | +125.8% |
| 2029 | ~$1,166,627 | ~$457,683 | ~1.5951% | ~$7,301 | +239.3% |
| 2030 | ~$1,752,994 | ~$503,451 | ~1.5527% | ~$7,817 | +409.8% |
| 2031 | ~$2,634,079 | ~$553,796 | ~1.5102% | ~$8,363 | +666.0% |
| 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 | — |