12512 KARASU DR 78653
| Owner | PATEL RASESH M & SUCHI R PATEL |
|---|---|
| Parcel ID | 0252402314 |
| Short ID | 953791 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,469 SF |
| Land SF | 8,738 SF |
| Acres | 0.201 |
| Year Built | 2022 |
| Legal | LOT 13 BLK F EASTVILLAGE SINGLE FAMILY PHS 2 |
| Neighborhood | A5850 |
| Land | $113,691 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $113,691 |
| Improvement | $462,196 |
|---|---|
| Total Improvement | $462,196 |
| Market | $575,887 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $575,887 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $575,887 |
| Exemptions (−) (HS) | −$115,177 |
|---|---|
| Taxable Value | $460,710 |
Appreciation: Market value has risen +84.2% from $312,676 (2024) to $575,887 (2025), a CAGR of 84.2% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 +28.8%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $10,148. Manor ISD is the largest single contributor, at 47.2% 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 ($113,691 land vs $462,196 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $575,887, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, 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 +84.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,205,369 by 2030, with an estimated annual tax burden around $17,365. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,469 SF | ✗ |
| 2ND | 2nd Floor | 1,905 SF | ✓ |
| 1ST | 1st Floor | 1,564 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 441 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 274 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
Market value changed by 400% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $4,713.68 | $4,713.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,414.20 | $2,414.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,731.56 | $1,731.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $589.51 | $589.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $543.74 | $543.74 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $9,992.69 | $9,992.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $547,281 | $575,887 | -5.0% |
| Assessed Value | $547,281 | $575,887 | -5.0% |
| Land Value | $111,230 | $113,691 | -2.2% |
| Improvement Value | $436,051 | $462,196 | -5.7% |
| Taxable Value | $437,825 | $460,710 | -5.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$9,644
Estimated
|
~$9,993
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $547,281 | $547,281 | +0 (+0.0%) |
| Taxable Value | $437,825 | $437,825 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $547,281 | $111,230 | $436,051 | — | $547,281 | $437,825 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $575,887 | $113,691 | $462,196 | — | $575,887 | $460,710 | ~$9,993 | Partial |
| 2024 | $312,676 | — | — | −$202,676 | $110,000 | $— | $10,988 | Verified |
| 2023 | $— | — | — | — | $80,000 | $— | $5,092 | Verified |
| 2022 | $— | — | — | — | $50,000 | $— | $1,165 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | +137.5% ! | +137.5% | ~100% | 1.8500% | Verified |
| 2023 | +400.3% ! | +400.3% | ~100% | 2.0400% | Verified |
| 2022 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1051.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.0% | +39.6% | +86.1% | +84.2% | 2025 | -5.0% | 2026 |
| Assessment Ratio | 100.0% | 78.4% | — | 100.0% | 2025 | 35.2% | 2024 |
| Effective Tax Rate (2025) | 1.7400% | 1.7400% | — | 1.7400% | 2025 | 1.7400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,993 | $10,490 | ~$15,407 | $10,988 | 2024 | $9,993 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,060,669 | ~$633,476 | ~2.1366% | ~$13,535 | +84.2% |
| 2027 | ~$1,953,542 | ~$696,823 | ~2.0705% | ~$14,428 | +239.2% |
| 2028 | ~$3,598,036 | ~$766,506 | ~2.0045% | ~$15,364 | +524.8% |
| 2029 | ~$6,626,866 | ~$843,156 | ~1.9384% | ~$16,344 | +1050.7% |
| 2030 | ~$12,205,369 | ~$927,472 | ~1.8723% | ~$17,365 | +2019.4% |
| 2026 | ~$1,049,152 | ~$633,476 | ~2.2027% | ~$13,953 | +82.2% |
| 2027 | ~$1,911,345 | ~$696,823 | ~2.2027% | ~$15,349 | +231.9% |
| 2028 | ~$3,482,091 | ~$766,506 | ~2.2027% | ~$16,884 | +504.6% |
| 2029 | ~$6,343,678 | ~$843,156 | ~2.2027% | ~$18,572 | +1001.5% |
| 2030 | ~$11,556,919 | ~$927,472 | ~2.2027% | ~$20,429 | +1906.8% |
| 2026 | ~$1,072,187 | ~$633,476 | ~2.1036% | ~$13,326 | +86.2% |
| 2027 | ~$1,996,199 | ~$696,823 | ~2.0045% | ~$13,968 | +246.6% |
| 2028 | ~$3,716,526 | ~$766,506 | ~1.9054% | ~$14,605 | +545.4% |
| 2029 | ~$6,919,431 | ~$843,156 | ~1.8062% | ~$15,229 | +1101.5% |
| 2030 | ~$12,882,605 | ~$927,472 | ~1.7071% | ~$15,833 | +2137.0% |
In 2025, this property's market value of $575,887 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 7× the county median of $85,028. 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 | $575,887 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $312,676 | $23,000 | $66,000 | $330,000 | ↑ Above median | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.