3605 TWIN GLADES PASS 78610
| Owner | VELASQUEZ ZACHARY RYAN |
|---|---|
| Parcel ID | 0455051306 |
| Short ID | 972356 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,096 SF |
| Land SF | 6,557 SF |
| Acres | 0.151 |
| Year Built | 2023 |
| Legal | TURNERS CROSSING NORTH PHS 2 BLK H LOT 71 |
| Neighborhood | H1501 |
| Land | $63,666 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,666 |
| Improvement | $318,596 |
|---|---|
| Total Improvement | $318,596 |
| Market | $382,262 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $382,262 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $382,262 |
| Taxable Value | $382,262 |
|---|
Appreciation: Market value has risen +1174.2% from $30,000 (2023) to $382,262 (2025), a CAGR of 257.0% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. 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 $3,048. P11G is the largest single contributor, at 41.5% 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 ($63,666 land vs $318,596 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $382,262, 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 +136.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $29,358,739 by 2031, with an estimated annual tax burden around $5,281. 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 | 2,096 SF | ✗ |
| 2ND | 2nd Floor | 1,276 SF | ✓ |
| 1ST | 1st Floor | 820 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 456 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 184 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 |
|---|---|---|---|---|---|---|---|---|---|
| P11G | — | — | — | — | — | — | $2,161.07 | $2,161.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,436.71 | $1,436.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $451.16 | $451.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $395.26 | $395.26 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $382.26 | $382.26 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $382.26 | $382.26 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $5,208.72 | $5,208.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P11G | — | $2,161.07 | 41.5% |
| TCO Travis County | 0.3758% | $1,436.71 | 27.6% |
| THD Travis Central Health | 0.1180% | $451.16 | 8.7% |
| ACT Austin Community College | 0.1034% | $395.26 | 7.6% |
| E11 Travis County ESD # 11 | 0.1000% | $382.26 | 7.3% |
| E15 Travis County ESD # 15 | 0.1000% | $382.26 | 7.3% |
| Total | 0.7973% 5 of 6 | $5,208.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $396,828 | $382,262 | +3.8% |
| Assessed Value | $396,828 | $382,262 | +3.8% |
| Land Value | $63,666 | $63,666 | +0.0% |
| Improvement Value | $333,162 | $318,596 | +4.6% |
| Taxable Value | $396,828 | $382,262 | +3.8% |
| Total Tax 2026 = estimate |
~$3,164
Estimated
|
~$5,209
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $396,828 | $63,666 | $333,162 | — | $396,828 | $396,828 | Not yet — post-cert | Preliminary |
| 2025 | $382,262 | $63,666 | $318,596 | — | $382,262 | $382,262 | ~$5,209 | Partial |
| 2024 | $335,487 | $60,000 | $275,487 | — | $335,487 | $335,487 | $5,074 | Verified |
| 2023 | $30,000 | $30,000 | — | — | $30,000 | $30,000 | $211 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.8% | +3.8% | ~100% | Not available | Partial |
| 2025 | +13.9% | +13.9% | ~100% | Not available | Partial |
| 2024 | +1018.3% ! | +1018.3% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1174.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.8% | +345.3% | +136.5% | +1018.3% | 2024 | +3.8% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 1.3600% | 1.3600% | — | 1.3600% | 2025 | 1.3600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,209 | $3,498 | ~$4,348 | $5,209 | 2025 | $211 | 2023 |
Market value changed by 1018% 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 | ~$938,489 | ~$436,511 | ~0.8031% | ~$3,506 | +136.5% |
| 2028 | ~$2,219,506 | ~$480,162 | ~0.8089% | ~$3,884 | +459.3% |
| 2029 | ~$5,249,082 | ~$528,178 | ~0.8147% | ~$4,303 | +1222.8% |
| 2030 | ~$12,413,961 | ~$580,996 | ~0.8206% | ~$4,767 | +3028.3% |
| 2031 | ~$29,358,739 | ~$639,095 | ~0.8264% | ~$5,281 | +7298.4% |
| 2027 | ~$930,553 | ~$436,511 | ~0.7973% | ~$3,480 | +134.5% |
| 2028 | ~$2,182,125 | ~$480,162 | ~0.7973% | ~$3,828 | +449.9% |
| 2029 | ~$5,117,035 | ~$528,178 | ~0.7973% | ~$4,211 | +1189.5% |
| 2030 | ~$11,999,331 | ~$580,996 | ~0.7973% | ~$4,632 | +2923.8% |
| 2031 | ~$28,138,162 | ~$639,095 | ~0.7973% | ~$5,095 | +6990.8% |
| 2027 | ~$946,426 | ~$436,511 | ~0.8060% | ~$3,518 | +138.5% |
| 2028 | ~$2,257,204 | ~$480,162 | ~0.8147% | ~$3,912 | +468.8% |
| 2029 | ~$5,383,382 | ~$528,178 | ~0.8235% | ~$4,349 | +1256.6% |
| 2030 | ~$12,839,245 | ~$580,996 | ~0.8322% | ~$4,835 | +3135.5% |
| 2031 | ~$30,621,310 | ~$639,095 | ~0.8409% | ~$5,374 | +7616.5% |
In 2025, this property's market value of $382,262 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $382,262 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $335,487 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +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 | — |