VELVET LEAF LN 78610
| Owner | KORAM AMA |
|---|---|
| Parcel ID | 0453070508 |
| Short ID | 954473 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,960 SF |
| Land SF | 6,410 SF |
| Acres | 0.147 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK D LOT 13 |
| Neighborhood | H1501 |
| Land | $63,566 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,566 |
| Improvement | $317,655 |
|---|---|
| Total Improvement | $317,655 |
| Market | $381,221 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $381,221 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $381,221 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $381,221 |
Appreciation: Market value has risen +694.2% from $48,000 (2022) to $381,221 (2025), a CAGR of 99.5% 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 $3,039. P10L is the largest single contributor, at 46.7% 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 17% of market value ($63,566 land vs $317,655 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 +67.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,093,617 by 2031, with an estimated annual tax burden around $5,078. 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 | 1,960 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,960 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 238 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 |
|---|---|---|---|---|---|---|---|---|---|
| P10L | — | — | — | — | — | — | $2,328.96 | $2,328.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,146.24 | $1,146.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $389.01 | $389.01 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $381.22 | $381.22 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $381.22 | $381.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $359.94 | $359.94 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $4,986.59 | $4,986.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P10L | — | $2,328.96 | 46.7% |
| TCO Travis County | 0.3758% | $1,146.24 | 23.0% |
| ACT Austin Community College | 0.1034% | $389.01 | 7.8% |
| E11 Travis County ESD # 11 | 0.1000% | $381.22 | 7.6% |
| E15 Travis County ESD # 15 | 0.1000% | $381.22 | 7.6% |
| THD Travis Central Health | 0.1180% | $359.94 | 7.2% |
| Total | 0.7973% 5 of 6 | $4,986.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $381,584 | $381,221 | +0.1% |
| Assessed Value | $381,584 | $381,221 | +0.1% |
| Land Value | $63,566 | $63,566 | +0.0% |
| Improvement Value | $318,018 | $317,655 | +0.1% |
| Taxable Value | $381,584 | $381,221 | +0.1% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$3,042
Estimated
|
~$4,987
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $381,584 | $63,566 | $318,018 | — | $381,584 | $381,584 | Not yet — post-cert | Preliminary |
| 2025 | $381,221 | $63,566 | $317,655 | — | $381,221 | $381,221 | ~$4,987 | Partial |
| 2024 | $422,025 | $60,000 | $362,025 | — | $422,025 | $337,620 | $5,171 | Verified |
| 2023 | $477,276 | $60,000 | $417,276 | — | $477,276 | $381,821 | $5,289 | 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 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -9.7% | -9.7% | ~100% | Not available | Partial |
| 2024 | -11.6% | -11.6% | ~100% | No billing data | Verified |
| 2023 | +894.3% ! | +894.3% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +694.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +218.3% | +67.9% | +894.3% | 2023 | -11.6% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 1.3100% | 1.3100% | — | 1.3100% | 2025 | 1.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,987 | $4,564 | ~$4,181 | $5,289 | 2023 | $2,810 | 2022 |
Market value changed by 894% 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 | ~$640,733 | ~$419,742 | ~0.8031% | ~$3,371 | +67.9% |
| 2028 | ~$1,075,882 | ~$461,717 | ~0.8089% | ~$3,735 | +182.0% |
| 2029 | ~$1,806,558 | ~$507,888 | ~0.8147% | ~$4,138 | +373.4% |
| 2030 | ~$3,033,466 | ~$558,677 | ~0.8206% | ~$4,584 | +695.0% |
| 2031 | ~$5,093,617 | ~$614,545 | ~0.8264% | ~$5,078 | +1234.9% |
| 2027 | ~$633,102 | ~$419,742 | ~0.7973% | ~$3,346 | +65.9% |
| 2028 | ~$1,050,405 | ~$461,717 | ~0.7973% | ~$3,681 | +175.3% |
| 2029 | ~$1,742,771 | ~$507,888 | ~0.7973% | ~$4,049 | +356.7% |
| 2030 | ~$2,891,503 | ~$558,677 | ~0.7973% | ~$4,454 | +657.8% |
| 2031 | ~$4,797,411 | ~$614,545 | ~0.7973% | ~$4,900 | +1157.2% |
| 2027 | ~$648,365 | ~$419,742 | ~0.8060% | ~$3,383 | +69.9% |
| 2028 | ~$1,101,664 | ~$461,717 | ~0.8147% | ~$3,762 | +188.7% |
| 2029 | ~$1,871,883 | ~$507,888 | ~0.8235% | ~$4,182 | +390.6% |
| 2030 | ~$3,180,593 | ~$558,677 | ~0.8322% | ~$4,649 | +733.5% |
| 2031 | ~$5,404,277 | ~$614,545 | ~0.8409% | ~$5,168 | +1316.3% |
| 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 | — |