VELVET LEAF LN 78610
| Owner | NGUYEN MICHAEL |
|---|---|
| Parcel ID | 0453070507 |
| Short ID | 954472 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,936 SF |
| Land SF | 7,677 SF |
| Acres | 0.176 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK D LOT 12 |
| Neighborhood | H1501 |
| Land | $64,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $64,425 |
| Improvement | $468,324 |
|---|---|
| Total Improvement | $468,324 |
| Market | $532,749 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $532,749 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $532,749 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $532,749 |
Appreciation: Market value has risen +1009.9% from $48,000 (2022) to $532,749 (2025), a CAGR of 123.1% 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 $4,247. P10L is the largest single contributor, at 38.5% 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 12% of market value ($64,425 land vs $468,324 improvements), about $8/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 +84.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $12,061,374 by 2031, with an estimated annual tax burden around $7,449. 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 | 3,936 SF | ✗ |
| 1ST | 1st Floor | 2,146 SF | ✓ |
| 2ND | 2nd Floor | 1,790 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 208 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 |
|---|---|---|---|---|---|---|---|---|---|
| P10L | — | — | — | — | — | — | $2,328.96 | $2,328.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,601.85 | $1,601.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $545.35 | $545.35 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $532.75 | $532.75 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $532.75 | $532.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $503.01 | $503.01 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $6,044.67 | $6,044.67 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P10L | — | $2,328.96 | 38.5% |
| TCO Travis County | 0.3758% | $1,601.85 | 26.5% |
| ACT Austin Community College | 0.1034% | $545.35 | 9.0% |
| E11 Travis County ESD # 11 | 0.1000% | $532.75 | 8.8% |
| E15 Travis County ESD # 15 | 0.1000% | $532.75 | 8.8% |
| THD Travis Central Health | 0.1180% | $503.01 | 8.3% |
| Total | 0.7973% 5 of 6 | $6,044.67 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $559,728 | $532,749 | +5.1% |
| Assessed Value | $559,728 | $532,749 | +5.1% |
| Land Value | $64,425 | $64,425 | +0.0% |
| Improvement Value | $495,303 | $468,324 | +5.8% |
| Taxable Value | $559,728 | $532,749 | +5.1% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$4,463
Estimated
|
~$6,045
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $559,728 | $64,425 | $495,303 | — | $559,728 | $559,728 | Not yet — post-cert | Preliminary |
| 2025 | $532,749 | $64,425 | $468,324 | — | $532,749 | $532,749 | ~$6,045 | Partial |
| 2024 | $603,719 | $60,000 | $543,719 | — | $603,719 | $482,975 | $6,375 | Verified |
| 2023 | $740,568 | $60,000 | $680,568 | — | $740,568 | $592,454 | $7,105 | Verified |
| 2022 | $48,000 | $60,000 | — | — | $48,000 | $48,000 | $2,809 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | -11.8% | -11.8% | ~100% | Not available | Partial |
| 2024 | -18.5% | -18.5% | ~100% | No billing data | Verified |
| 2023 | +1442.8% ! | +1442.8% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1009.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.1% | +354.4% | +84.8% | +1442.8% | 2023 | -18.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 1.1300% | 1.1300% | — | 1.1300% | 2025 | 1.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,045 | $5,583 | ~$6,133 | $7,105 | 2023 | $2,809 | 2022 |
Market value changed by 1443% 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 | ~$1,034,334 | ~$615,701 | ~0.8031% | ~$4,945 | +84.8% |
| 2028 | ~$1,911,371 | ~$677,271 | ~0.8089% | ~$5,479 | +241.5% |
| 2029 | ~$3,532,067 | ~$744,998 | ~0.8147% | ~$6,070 | +531.0% |
| 2030 | ~$6,526,988 | ~$819,498 | ~0.8206% | ~$6,724 | +1066.1% |
| 2031 | ~$12,061,374 | ~$901,448 | ~0.8264% | ~$7,449 | +2054.9% |
| 2027 | ~$1,023,140 | ~$615,701 | ~0.7973% | ~$4,909 | +82.8% |
| 2028 | ~$1,870,221 | ~$677,271 | ~0.7973% | ~$5,400 | +234.1% |
| 2029 | ~$3,418,621 | ~$744,998 | ~0.7973% | ~$5,940 | +510.8% |
| 2030 | ~$6,248,977 | ~$819,498 | ~0.7973% | ~$6,534 | +1016.4% |
| 2031 | ~$11,422,651 | ~$901,448 | ~0.7973% | ~$7,187 | +1940.8% |
| 2027 | ~$1,045,529 | ~$615,701 | ~0.8060% | ~$4,963 | +86.8% |
| 2028 | ~$1,952,968 | ~$677,271 | ~0.8147% | ~$5,518 | +248.9% |
| 2029 | ~$3,647,994 | ~$744,998 | ~0.8235% | ~$6,135 | +551.7% |
| 2030 | ~$6,814,174 | ~$819,498 | ~0.8322% | ~$6,820 | +1117.4% |
| 2031 | ~$12,728,355 | ~$901,448 | ~0.8409% | ~$7,581 | +2174.0% |
| 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 | 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 | — |