3623 TWIN GLADES PASS 78610
| Owner | FLORES JOSE MARCOS & YIXUAN WANG |
|---|---|
| Parcel ID | 0455051315 |
| Short ID | 972365 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,942 SF |
| Land SF | 5,565 SF |
| Acres | 0.128 |
| Year Built | 2023 |
| Legal | TURNERS CROSSING NORTH PHS 2 BLK H LOT 62 |
| Neighborhood | H1501 |
| Land | $62,993 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $62,993 |
| Improvement | $305,334 |
|---|---|
| Total Improvement | $305,334 |
| Market | $368,327 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $368,327 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $368,327 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $368,327 |
Appreciation: Market value has risen +1127.8% from $30,000 (2023) to $368,327 (2025), a CAGR of 250.4% 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 $2,937. P11G is the largest single contributor, at 45.7% 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 ($62,993 land vs $305,334 improvements), about $11/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $368,327, 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 +133.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $26,555,895 by 2031, with an estimated annual tax burden around $5,086. 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 | 1,942 SF | ✗ |
| 1ST | 1st Floor | 1,390 SF | ✓ |
| 2ND | 2nd Floor | 552 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 100 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% | $1,107.47 | $1,107.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $375.68 | $375.68 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $368.33 | $368.33 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $368.33 | $368.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $347.77 | $347.77 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $4,728.65 | $4,728.65 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| P11G | — | $2,161.07 | 45.7% |
| TCO Travis County | 0.3758% | $1,107.47 | 23.4% |
| ACT Austin Community College | 0.1034% | $375.68 | 7.9% |
| E11 Travis County ESD # 11 | 0.1000% | $368.33 | 7.8% |
| E15 Travis County ESD # 15 | 0.1000% | $368.33 | 7.8% |
| THD Travis Central Health | 0.1180% | $347.77 | 7.4% |
| Total | 0.7973% 5 of 6 | $4,728.65 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $382,174 | $368,327 | +3.8% |
| Assessed Value | $382,174 | $368,327 | +3.8% |
| Land Value | $62,993 | $62,993 | +0.0% |
| Improvement Value | $319,181 | $305,334 | +4.5% |
| Taxable Value | $382,174 | $368,327 | +3.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$3,047
Estimated
|
~$4,729
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $382,174 | $62,993 | $319,181 | — | $382,174 | $382,174 | Not yet — post-cert | Preliminary |
| 2025 | $368,327 | $62,993 | $305,334 | — | $368,327 | $368,327 | ~$4,729 | Partial |
| 2024 | $231,194 | $60,000 | $171,194 | — | $231,194 | $231,194 | $4,132 | 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 | +59.3% | +59.3% | ~100% | Not available | Partial |
| 2024 | +670.6% ! | +670.6% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1127.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.8% | +244.6% | +133.6% | +670.6% | 2024 | +3.8% | 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 |
$4,729 | $3,024 | ~$4,188 | $4,729 | 2025 | $211 | 2023 |
Market value changed by 671% 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 | ~$892,568 | ~$420,391 | ~0.8031% | ~$3,376 | +133.6% |
| 2028 | ~$2,084,592 | ~$462,431 | ~0.8089% | ~$3,741 | +445.5% |
| 2029 | ~$4,868,566 | ~$508,674 | ~0.8147% | ~$4,144 | +1173.9% |
| 2030 | ~$11,370,537 | ~$559,541 | ~0.8206% | ~$4,591 | +2875.2% |
| 2031 | ~$26,555,895 | ~$615,495 | ~0.8264% | ~$5,086 | +6848.6% |
| 2027 | ~$884,924 | ~$420,391 | ~0.7973% | ~$3,352 | +131.6% |
| 2028 | ~$2,049,042 | ~$462,431 | ~0.7973% | ~$3,687 | +436.2% |
| 2029 | ~$4,744,558 | ~$508,674 | ~0.7973% | ~$4,055 | +1141.5% |
| 2030 | ~$10,986,026 | ~$559,541 | ~0.7973% | ~$4,461 | +2774.6% |
| 2031 | ~$25,438,150 | ~$615,495 | ~0.7973% | ~$4,907 | +6556.2% |
| 2027 | ~$900,211 | ~$420,391 | ~0.8060% | ~$3,388 | +135.6% |
| 2028 | ~$2,120,448 | ~$462,431 | ~0.8147% | ~$3,768 | +454.8% |
| 2029 | ~$4,994,715 | ~$508,674 | ~0.8235% | ~$4,189 | +1206.9% |
| 2030 | ~$11,765,054 | ~$559,541 | ~0.8322% | ~$4,657 | +2978.5% |
| 2031 | ~$27,712,590 | ~$615,495 | ~0.8409% | ~$5,176 | +7151.3% |
In 2025, this property's market value of $368,327 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 | $368,327 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $231,194 | $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 | — |