3609 TWIN GLADES PASS 78610
| Owner | LEVAN JEFFREY |
|---|---|
| Parcel ID | 0455051308 |
| Short ID | 972358 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,985 SF |
| Land SF | 7,352 SF |
| Acres | 0.169 |
| Year Built | 2023 |
| Legal | TURNERS CROSSING NORTH PHS 2 BLK H LOT 69 |
| Neighborhood | H1501 |
| Land | $64,205 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $64,205 |
| Improvement | $306,533 |
|---|---|
| Total Improvement | $306,533 |
| Market | $370,738 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $370,738 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $370,738 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $370,738 |
Appreciation: Market value has risen +1135.8% from $30,000 (2023) to $370,738 (2025), a CAGR of 251.5% 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 $2,956. P11G is the largest single contributor, at 45.5% 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 ($64,205 land vs $306,533 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $370,738, 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 +131.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $24,359,545 by 2031, with an estimated annual tax burden around $4,924. 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 | 1,985 SF | ✗ |
| 2ND | 2nd Floor | 1,189 SF | ✓ |
| 1ST | 1st Floor | 796 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 480 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 174 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% | $1,114.72 | $1,114.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $378.17 | $378.17 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $370.74 | $370.74 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $370.74 | $370.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $350.04 | $350.04 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $4,745.48 | $4,745.48 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P11G | — | $2,161.07 | 45.5% |
| TCO Travis County | 0.3758% | $1,114.72 | 23.5% |
| ACT Austin Community College | 0.1034% | $378.17 | 8.0% |
| E11 Travis County ESD # 11 | 0.1000% | $370.74 | 7.8% |
| E15 Travis County ESD # 15 | 0.1000% | $370.74 | 7.8% |
| THD Travis Central Health | 0.1180% | $350.04 | 7.4% |
| Total | 0.7973% 5 of 6 | $4,745.48 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $370,000 | $370,738 | -0.2% |
| Assessed Value | $370,000 | $370,738 | -0.2% |
| Land Value | $64,205 | $64,205 | +0.0% |
| Improvement Value | $305,795 | $306,533 | -0.2% |
| Taxable Value | $370,000 | $370,738 | -0.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$2,950
Estimated
|
~$4,745
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $370,000 | $64,205 | $305,795 | — | $370,000 | $370,000 | Not yet — post-cert | Preliminary |
| 2025 | $370,738 | $64,205 | $306,533 | — | $370,738 | $370,738 | ~$4,745 | Partial |
| 2024 | $327,515 | $60,000 | $267,515 | — | $327,515 | $281,699 | $4,804 | Verified |
| 2023 | $30,000 | $30,000 | — | — | $30,000 | $30,000 | $211 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | +13.2% | +13.2% | ~100% | Not available | Partial |
| 2024 | +991.7% ! | +991.7% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1135.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | +334.9% | +131.0% | +991.7% | 2024 | -0.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 1.2800% | 1.2800% | — | 1.2800% | 2025 | 1.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,745 | $3,253 | ~$4,054 | $4,804 | 2024 | $211 | 2023 |
Market value changed by 992% 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 | ~$854,860 | ~$407,000 | ~0.8031% | ~$3,269 | +131.0% |
| 2028 | ~$1,975,098 | ~$447,700 | ~0.8089% | ~$3,622 | +433.8% |
| 2029 | ~$4,563,333 | ~$492,470 | ~0.8147% | ~$4,012 | +1133.3% |
| 2030 | ~$10,543,279 | ~$541,717 | ~0.8206% | ~$4,445 | +2749.5% |
| 2031 | ~$24,359,545 | ~$595,889 | ~0.8264% | ~$4,924 | +6483.7% |
| 2027 | ~$847,460 | ~$407,000 | ~0.7973% | ~$3,245 | +129.0% |
| 2028 | ~$1,941,052 | ~$447,700 | ~0.7973% | ~$3,569 | +424.6% |
| 2029 | ~$4,445,850 | ~$492,470 | ~0.7973% | ~$3,926 | +1101.6% |
| 2030 | ~$10,182,925 | ~$541,717 | ~0.7973% | ~$4,319 | +2652.1% |
| 2031 | ~$23,323,313 | ~$595,889 | ~0.7973% | ~$4,751 | +6203.6% |
| 2027 | ~$862,260 | ~$407,000 | ~0.8060% | ~$3,280 | +133.0% |
| 2028 | ~$2,009,441 | ~$447,700 | ~0.8147% | ~$3,648 | +443.1% |
| 2029 | ~$4,682,868 | ~$492,470 | ~0.8235% | ~$4,055 | +1165.6% |
| 2030 | ~$10,913,113 | ~$541,717 | ~0.8322% | ~$4,508 | +2849.5% |
| 2031 | ~$25,432,285 | ~$595,889 | ~0.8409% | ~$5,011 | +6773.6% |
In 2025, this property's market value of $370,738 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 | $370,738 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $327,515 | $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 | — |