3615 SWEET WATERMELON LN 78610
| Owner | SAMHAT ALI |
|---|---|
| Parcel ID | 0455051208 |
| Short ID | 972335 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,072 SF |
| Land SF | 5,379 SF |
| Acres | 0.123 |
| Year Built | 2023 |
| Legal | TURNERS CROSSING NORTH PHS 2 BLK S LOT 8 |
| Neighborhood | H1501 |
| Land | $62,867 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $62,867 |
| Improvement | $311,967 |
|---|---|
| Total Improvement | $311,967 |
| Market | $374,834 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $374,834 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $374,834 |
| Taxable Value | $374,834 |
|---|
Appreciation: Market value has risen +1149.4% from $30,000 (2023) to $374,834 (2025), a CAGR of 253.5% over 2 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +18.1%, so this parcel has outpaced the broader land/vacant market over the same period.
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 $2,988. P11G is the largest single contributor, at 42.0% of the total 2025 levy.
Asset Class: Land / Vacant. 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 ($62,867 land vs $311,967 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $374,834, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +133.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $26,298,744 by 2031, with an estimated annual tax burden around $5,068. 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 | 2,072 SF | ✗ |
| 2ND | 2nd Floor | 1,276 SF | ✓ |
| 1ST | 1st Floor | 796 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 480 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 54 SF | ✗ |
| 252 | BEDROOMS | 4 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 |
|---|---|---|---|---|---|---|---|---|---|
| P11G | — | — | — | — | — | — | $2,161.07 | $2,161.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,408.79 | $1,408.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $442.39 | $442.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $387.58 | $387.58 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $374.83 | $374.83 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $374.83 | $374.83 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $5,149.49 | $5,149.49 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P11G | — | $2,161.07 | 42.0% |
| TCO Travis County | 0.3758% | $1,408.79 | 27.4% |
| THD Travis Central Health | 0.1180% | $442.39 | 8.6% |
| ACT Austin Community College | 0.1034% | $387.58 | 7.5% |
| E11 Travis County ESD # 11 | 0.1000% | $374.83 | 7.3% |
| E15 Travis County ESD # 15 | 0.1000% | $374.83 | 7.3% |
| Total | 0.7973% 5 of 6 | $5,149.49 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $380,782 | $374,834 | +1.6% |
| Assessed Value | $380,782 | $374,834 | +1.6% |
| Land Value | $62,867 | $62,867 | +0.0% |
| Improvement Value | $317,915 | $311,967 | +1.9% |
| Taxable Value | $380,782 | $374,834 | +1.6% |
| Total Tax 2026 = estimate |
~$3,036
Estimated
|
~$5,149
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $380,782 | $62,867 | $317,915 | — | $380,782 | $380,782 | Not yet — post-cert | Preliminary |
| 2025 | $374,834 | $62,867 | $311,967 | — | $374,834 | $374,834 | ~$5,149 | Partial |
| 2024 | $171,840 | $60,000 | $111,840 | — | $171,840 | $171,840 | $3,841 | Verified |
| 2023 | $30,000 | $30,000 | — | — | $30,000 | $30,000 | $211 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | +118.1% ! | +118.1% | ~100% | Not available | Partial |
| 2024 | +472.8% ! | +472.8% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1149.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +197.5% | +133.3% | +472.8% | 2024 | +1.6% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 1.3700% | 1.3700% | — | 1.3700% | 2025 | 1.3700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,149 | $3,067 | ~$4,173 | $5,149 | 2025 | $211 | 2023 |
Market value changed by 473% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$888,236 | ~$418,860 | ~0.8031% | ~$3,364 | +133.3% |
| 2028 | ~$2,071,953 | ~$460,746 | ~0.8089% | ~$3,727 | +444.1% |
| 2029 | ~$4,833,164 | ~$506,821 | ~0.8147% | ~$4,129 | +1169.3% |
| 2030 | ~$11,274,136 | ~$557,503 | ~0.8206% | ~$4,575 | +2860.8% |
| 2031 | ~$26,298,744 | ~$613,253 | ~0.8264% | ~$5,068 | +6806.5% |
| 2027 | ~$880,620 | ~$418,860 | ~0.7973% | ~$3,339 | +131.3% |
| 2028 | ~$2,036,576 | ~$460,746 | ~0.7973% | ~$3,673 | +434.8% |
| 2029 | ~$4,709,910 | ~$506,821 | ~0.7973% | ~$4,041 | +1136.9% |
| 2030 | ~$10,892,428 | ~$557,503 | ~0.7973% | ~$4,445 | +2760.5% |
| 2031 | ~$25,190,498 | ~$613,253 | ~0.7973% | ~$4,889 | +6515.5% |
| 2027 | ~$895,851 | ~$418,860 | ~0.8060% | ~$3,376 | +135.3% |
| 2028 | ~$2,107,634 | ~$460,746 | ~0.8147% | ~$3,754 | +453.5% |
| 2029 | ~$4,958,550 | ~$506,821 | ~0.8235% | ~$4,174 | +1202.2% |
| 2030 | ~$11,665,791 | ~$557,503 | ~0.8322% | ~$4,640 | +2963.6% |
| 2031 | ~$27,445,657 | ~$613,253 | ~0.8409% | ~$5,157 | +7107.7% |
In 2025, this property's market value of $374,834 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 4× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $374,834 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $171,840 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $30,000 | $24,692 | $71,500 | $270,000 | ↓ Below median | +0.0% |
| 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 | 2023–2024 | 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 | 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 | — |