VELVET LEAF LN 78610
| Owner | PITIKAS DOROTHEA & STEPHEN MARTINEZ |
|---|---|
| Parcel ID | 0453070313 |
| Short ID | 954453 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,508 SF |
| Land SF | 6,230 SF |
| Acres | 0.143 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK E LOT 5 |
| Neighborhood | H1501 |
| Land | $63,444 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,444 |
| Improvement | $381,598 |
|---|---|
| Total Improvement | $381,598 |
| Market | $445,042 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $445,042 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $445,042 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $445,042 |
Appreciation: Market value has risen +827.2% from $48,000 (2022) to $445,042 (2025), a CAGR of 110.1% over 3 years. This is strong appreciation — well above typical inflation. 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.
Tax Burden: The combined rate across 5 taxing entities is 0.7973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $3,548. P10L is the largest single contributor, at 42.9% 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 14% of market value ($63,444 land vs $381,598 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +71.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,283,936 by 2031, with an estimated annual tax burden around $5,575. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,508 SF | ✗ |
| 1ST | 1st Floor | 1,460 SF | ✓ |
| 2ND | 2nd Floor | 1,048 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 400 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 410 | OUTDOOR KITCHEN | 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 |
|---|---|---|---|---|---|---|---|---|---|
| P10L | — | — | — | — | — | — | $2,328.96 | $2,328.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,338.14 | $1,338.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $455.00 | $455.00 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $445.04 | $445.04 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $445.04 | $445.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $420.20 | $420.20 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $5,432.38 | $5,432.38 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P10L | — | $2,328.96 | 42.9% |
| TCO Travis County | 0.3758% | $1,338.14 | 24.6% |
| ACT Austin Community College | 0.1034% | $455.00 | 8.4% |
| E11 Travis County ESD # 11 | 0.1000% | $445.04 | 8.2% |
| E15 Travis County ESD # 15 | 0.1000% | $445.04 | 8.2% |
| THD Travis Central Health | 0.1180% | $420.20 | 7.7% |
| Total | 0.7973% 5 of 6 | $5,432.38 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $418,915 | $445,042 | -5.9% |
| Assessed Value | $418,915 | $445,042 | -5.9% |
| Land Value | $63,444 | $63,444 | +0.0% |
| Improvement Value | $355,471 | $381,598 | -6.8% |
| Taxable Value | $418,915 | $445,042 | -5.9% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$3,340
Estimated
|
~$5,432
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $418,915 | $63,444 | $355,471 | — | $418,915 | $418,915 | Not yet — post-cert | Preliminary |
| 2025 | $445,042 | $63,444 | $381,598 | — | $445,042 | $445,042 | ~$5,432 | Partial |
| 2024 | $464,312 | $60,000 | $404,312 | — | $464,312 | $371,450 | $5,451 | Verified |
| 2023 | $534,266 | $60,000 | $474,266 | — | $534,266 | $427,413 | $5,822 | Verified |
| 2022 | $48,000 | $60,000 | — | — | $48,000 | $48,000 | $2,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | -13.1% | -13.1% | ~100% | No billing data | Verified |
| 2023 | +1013.1% ! | +1013.1% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +827.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.9% | +247.5% | +71.9% | +1013.1% | 2023 | -13.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 1.2200% | 1.2200% | — | 1.2200% | 2025 | 1.2200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,432 | $4,879 | ~$4,590 | $5,822 | 2023 | $2,810 | 2022 |
Market value changed by 1013% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$720,024 | ~$460,807 | ~0.8031% | ~$3,701 | +71.9% |
| 2028 | ~$1,237,566 | ~$506,887 | ~0.8089% | ~$4,100 | +195.4% |
| 2029 | ~$2,127,107 | ~$557,576 | ~0.8147% | ~$4,543 | +407.8% |
| 2030 | ~$3,656,037 | ~$613,333 | ~0.8206% | ~$5,033 | +772.7% |
| 2031 | ~$6,283,936 | ~$674,667 | ~0.8264% | ~$5,575 | +1400.1% |
| 2027 | ~$711,646 | ~$460,807 | ~0.7973% | ~$3,674 | +69.9% |
| 2028 | ~$1,208,932 | ~$506,887 | ~0.7973% | ~$4,041 | +188.6% |
| 2029 | ~$2,053,714 | ~$557,576 | ~0.7973% | ~$4,445 | +390.2% |
| 2030 | ~$3,488,816 | ~$613,333 | ~0.7973% | ~$4,890 | +732.8% |
| 2031 | ~$5,926,742 | ~$674,667 | ~0.7973% | ~$5,379 | +1314.8% |
| 2027 | ~$728,402 | ~$460,807 | ~0.8060% | ~$3,714 | +73.9% |
| 2028 | ~$1,266,534 | ~$506,887 | ~0.8147% | ~$4,130 | +202.3% |
| 2029 | ~$2,202,229 | ~$557,576 | ~0.8235% | ~$4,591 | +425.7% |
| 2030 | ~$3,829,199 | ~$613,333 | ~0.8322% | ~$5,104 | +814.1% |
| 2031 | ~$6,658,148 | ~$674,667 | ~0.8409% | ~$5,674 | +1489.4% |
| 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 | 2022–2024 | 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 | 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 | — |