VELVET LEAF LN 78610
| Owner | POWELL BOBBY RAY III & KATY |
|---|---|
| Parcel ID | 0453070510 |
| Short ID | 954475 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,079 SF |
| Land SF | 6,623 SF |
| Acres | 0.152 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK D LOT 15 |
| Neighborhood | H1501 |
| Land | $63,711 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,711 |
| Improvement | $318,033 |
|---|---|
| Total Improvement | $318,033 |
| Market | $381,744 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $381,744 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $381,744 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $381,744 |
Appreciation: Market value has risen +695.3% from $48,000 (2022) to $381,744 (2025), a CAGR of 99.6% 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 $3,044. 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 ($63,711 land vs $318,033 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 +68.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,359,666 by 2031, with an estimated annual tax burden around $5,195. 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 | 2,079 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,079 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 566 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 267 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% | $1,147.81 | $1,147.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $389.55 | $389.55 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $381.74 | $381.74 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $381.74 | $381.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $360.44 | $360.44 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $4,990.24 | $4,990.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P10L | — | $2,328.96 | 46.7% |
| TCO Travis County | 0.3758% | $1,147.81 | 23.0% |
| ACT Austin Community College | 0.1034% | $389.55 | 7.8% |
| E11 Travis County ESD # 11 | 0.1000% | $381.74 | 7.6% |
| E15 Travis County ESD # 15 | 0.1000% | $381.74 | 7.6% |
| THD Travis Central Health | 0.1180% | $360.44 | 7.2% |
| Total | 0.7973% 5 of 6 | $4,990.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $390,317 | $381,744 | +2.2% |
| Assessed Value | $390,317 | $381,744 | +2.2% |
| Land Value | $63,711 | $63,711 | +0.0% |
| Improvement Value | $326,606 | $318,033 | +2.7% |
| Taxable Value | $390,317 | $381,744 | +2.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$3,112
Estimated
|
~$4,990
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $390,317 | $63,711 | $326,606 | — | $390,317 | $390,317 | Not yet — post-cert | Preliminary |
| 2025 | $381,744 | $63,711 | $318,033 | — | $381,744 | $381,744 | ~$4,990 | Partial |
| 2024 | $421,426 | $60,000 | $361,426 | — | $421,426 | $337,141 | $5,167 | Verified |
| 2023 | $412,250 | $60,000 | $352,250 | — | $412,250 | $329,800 | $5,062 | 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 | +2.2% | +2.2% | ~100% | Not available | Partial |
| 2025 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | No billing data | Verified |
| 2023 | +758.9% ! | +758.9% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +695.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | +188.5% | +68.9% | +758.9% | 2023 | -9.4% | 2025 |
| 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 |
$4,990 | $4,507 | ~$4,277 | $5,167 | 2024 | $2,810 | 2022 |
Market value changed by 759% 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 | ~$659,115 | ~$429,349 | ~0.8031% | ~$3,448 | +68.9% |
| 2028 | ~$1,113,027 | ~$472,284 | ~0.8089% | ~$3,820 | +185.2% |
| 2029 | ~$1,879,532 | ~$519,512 | ~0.8147% | ~$4,233 | +381.5% |
| 2030 | ~$3,173,903 | ~$571,463 | ~0.8206% | ~$4,689 | +713.2% |
| 2031 | ~$5,359,666 | ~$628,609 | ~0.8264% | ~$5,195 | +1273.2% |
| 2027 | ~$651,309 | ~$429,349 | ~0.7973% | ~$3,423 | +66.9% |
| 2028 | ~$1,086,818 | ~$472,284 | ~0.7973% | ~$3,765 | +178.4% |
| 2029 | ~$1,813,538 | ~$519,512 | ~0.7973% | ~$4,142 | +364.6% |
| 2030 | ~$3,026,191 | ~$571,463 | ~0.7973% | ~$4,556 | +675.3% |
| 2031 | ~$5,049,706 | ~$628,609 | ~0.7973% | ~$5,012 | +1193.7% |
| 2027 | ~$666,922 | ~$429,349 | ~0.8060% | ~$3,461 | +70.9% |
| 2028 | ~$1,139,547 | ~$472,284 | ~0.8147% | ~$3,848 | +192.0% |
| 2029 | ~$1,947,107 | ~$519,512 | ~0.8235% | ~$4,278 | +398.9% |
| 2030 | ~$3,326,958 | ~$571,463 | ~0.8322% | ~$4,756 | +752.4% |
| 2031 | ~$5,684,664 | ~$628,609 | ~0.8409% | ~$5,286 | +1356.4% |
| 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 | — |