29803 MONTANA RIDGE PASS TX 78641
| Owner | WRIGHT PERRY G & DONNA L LEACH |
|---|---|
| Parcel ID | 0526050401 |
| Short ID | 514089 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,885 SF |
| Land SF | 117,413 SF |
| Acres | 2.695 |
| Year Built | 2023 |
| Legal | LOT 23 CANYON RIDGE SPRINGS PHS 1 |
| Neighborhood | T2840 |
| Land | $107,816 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $107,816 |
| Improvement | $440,676 |
|---|---|
| Total Improvement | $440,676 |
| Market | $548,492 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $548,492 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $548,492 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $548,492 |
Appreciation: Market value has risen +1256.6% from $40,431 (2021) to $548,492 (2025), a CAGR of 91.9% over 4 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 +283.7%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.8841% in 2025 (+0.0525% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $10,334. Leander ISD is the largest single contributor, at 53.7% 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 20% of market value ($107,816 land vs $440,676 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $548,492, 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 +83.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $17,303,846 by 2031, with an estimated annual tax burden around $15,553. 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 | 1,885 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,885 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 582 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 354 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $4,439.90 | $4,439.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,649.19 | $1,649.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $561.47 | $561.47 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $548.49 | $548.49 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $548.31 | $548.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $517.88 | $517.88 | Paid |
| Combined Rate | 2.1110% | 1.9686% | 1.7968% | 1.8316% | 1.8841% | +0.0525% | $8,265.24 | $8,265.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $4,439.90 | 53.7% |
| TCO Travis County | 0.3758% | $1,649.19 | 20.0% |
| ACT Austin Community College | 0.1034% | $561.47 | 6.8% |
| E01 Travis County ESD # 01 | 0.1000% | $548.49 | 6.6% |
| E07 Travis County ESD # 07 | 0.1000% | $548.31 | 6.6% |
| THD Travis Central Health | 0.1180% | $517.88 | 6.3% |
| Total | 1.8841% | $8,265.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $836,428 | $548,492 | +52.5% |
| Assessed Value | $603,341 | $548,492 | +10.0% |
| Land Value | $404,310 | $107,816 | +275.0% |
| Improvement Value | $432,118 | $440,676 | -1.9% |
| Taxable Value | $603,341 | $548,492 | +10.0% |
| Exemptions | HS,OV65 | HS | |
| HS Cap Loss | -$233,087 | — | |
| Total Tax 2026 = estimate |
~$11,368
Estimated
|
~$8,265
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $836,428 | $404,310 | $432,118 | −$233,087 | $603,341 | $603,341 | Not yet — post-cert | Preliminary |
| 2025 | $548,492 | $107,816 | $440,676 | — | $548,492 | $548,492 | ~$8,265 | Partial |
| 2024 | $355,762 | $107,816 | $247,946 | −$59,299 | $296,463 | $296,463 | $5,736 | Verified |
| 2023 | $40,431 | $40,431 | — | — | $40,431 | $40,431 | $726 | Verified |
| 2022 | $40,431 | $40,431 | — | — | $40,431 | $40,431 | $796 | Verified |
| 2021 | $40,431 | $40,431 | — | — | $40,431 | $40,431 | $853 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +52.5% | +10.0% | 72.1% | Not available | Partial |
| 2025 | +54.2% | +85.0% | ~100% | Not available | Partial |
| 2024 | +779.9% ! | +633.3% | 83.3% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1256.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +52.5% | +177.3% | +83.3% | +779.9% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 72.1% | 92.6% | — | 100.0% | 2021 | 72.1% | 2026 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,265 | $3,275 | ~$13,802 | $8,265 | 2025 | $726 | 2023 |
Market value changed by 780% 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 | ~$1,533,103 | ~$663,675 | ~1.8274% | ~$12,128 | +83.3% |
| 2028 | ~$2,810,051 | ~$730,043 | ~1.7707% | ~$12,927 | +236.0% |
| 2029 | ~$5,150,590 | ~$803,047 | ~1.7140% | ~$13,764 | +515.8% |
| 2030 | ~$9,440,605 | ~$883,352 | ~1.6573% | ~$14,640 | +1028.7% |
| 2031 | ~$17,303,846 | ~$971,687 | ~1.6006% | ~$15,553 | +1968.8% |
| 2027 | ~$1,516,375 | ~$663,675 | ~1.8841% | ~$12,505 | +81.3% |
| 2028 | ~$2,749,061 | ~$730,043 | ~1.8841% | ~$13,755 | +228.7% |
| 2029 | ~$4,983,820 | ~$803,047 | ~1.8841% | ~$15,130 | +495.8% |
| 2030 | ~$9,035,253 | ~$883,352 | ~1.8841% | ~$16,644 | +980.2% |
| 2031 | ~$16,380,164 | ~$971,687 | ~1.8841% | ~$18,308 | +1858.3% |
| 2027 | ~$1,549,832 | ~$663,675 | ~1.7991% | ~$11,940 | +85.3% |
| 2028 | ~$2,871,710 | ~$730,043 | ~1.7140% | ~$12,513 | +243.3% |
| 2029 | ~$5,321,040 | ~$803,047 | ~1.6289% | ~$13,081 | +536.2% |
| 2030 | ~$9,859,446 | ~$883,352 | ~1.5439% | ~$13,638 | +1078.8% |
| 2031 | ~$18,268,735 | ~$971,687 | ~1.4588% | ~$14,175 | +2084.1% |
In 2025, this property's market value of $548,492 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 6× 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 | $548,492 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $355,762 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $40,431 | $24,692 | $71,500 | $270,000 | ↓ Below median | +0.0% |
| 2022 | $40,431 | $15,000 | $55,000 | $180,000 | ↓ Below median | +100.0% |
| 2021 | $40,431 | $8,000 | $22,000 | $81,900 | ↑ Above median | base yr |
| 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 | 2021–2024 | 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 | 2021, 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 | — |