2505 FORGETMENOT LN TX 78660
| Owner | BAKER-SIROTY ADAM LEE |
|---|---|
| Parcel ID | 0258400902 |
| Short ID | 932444 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,606 SF |
| Land SF | 5,406 SF |
| Acres | 0.124 |
| Year Built | 2020 |
| Legal | LOT 2 BLK P ENTRADA PHS 4 |
| Neighborhood | A5850 |
| Land | $94,686 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $94,686 |
| Improvement | $228,914 |
|---|---|
| Total Improvement | $228,914 |
| Market | $323,600 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $323,600 |
| Value Limitation Adjustment (−) (homestead cap) | −$86,562 |
| Net Appraised (assessed) | $237,038 |
| Exemptions (−) (HS) | −$47,408 |
|---|---|
| Taxable Value | $189,630 |
Appreciation: Market value has risen +2057.3% from $15,000 (2021) to $323,600 (2025), a CAGR of 115.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
Tax Burden: The combined rate across 5 taxing entities is 1.7240% in 2025 (+0.0338% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $3,269. Pflugerville ISD is the largest single contributor, at 46.6% of the total 2025 levy.
Assessment Gap: Assessed value ($237,038) is $86,562 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 29% of market value ($94,686 land vs $228,914 improvements), about $18/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +115.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,045,446 by 2030, with an estimated annual tax burden around $5,302. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,606 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,606 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 399 SF | ✓ |
| 613 | TERRACE COVERED | 208 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 40 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 162% in 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $1,074.11 | $1,074.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $712.71 | $712.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $223.81 | $223.81 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $219.89 | $219.89 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $72.30 | $72.30 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $2,302.82 | $2,302.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $310,954 | $323,600 | -3.9% |
| Assessed Value | $260,742 | $237,038 | +10.0% |
| Land Value | $101,353 | $94,686 | +7.0% |
| Improvement Value | $209,601 | $228,914 | -8.4% |
| Taxable Value | $208,594 | $189,630 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$50,212 | — | |
| Total Tax 2026 = estimate |
~$3,596
Estimated
|
~$2,303
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $349,819 | $310,954 | -38,865 (-11.1%) |
| Taxable Value | $208,594 | $208,594 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $310,954 | $101,353 | $209,601 | −$50,212 | $260,742 | $208,594 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $323,600 | $94,686 | $228,914 | −$86,562 | $237,038 | $189,630 | ~$2,303 | Partial |
| 2024 | $398,050 | — | — | −$298,050 | $100,000 | $— | $2,340 | Verified |
| 2023 | $278,090 | — | — | −$178,090 | $100,000 | $— | $1,895 | Verified |
| 2022 | $90,943 | — | — | — | $100,000 ! | $— | $4,312 | Verified |
| 2021 | $15,000 | — | — | — | $30,000 ! | $— | $1,812 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +10.0% | 74.5% | Not available | Partial |
| 2025 | -6.8% | +10.0% | 73.2% | Not available | Partial |
| 2024 | -12.8% | +10.0% | 62.1% | 0.6700% | Verified |
| 2023 | +43.1% | -29.6% | 49.2% | 0.4800% | Verified |
| 2022 | +162.3% ! | +162.3% | ~100% | 1.5500% | Verified |
| 2021 | base year | — | ~100% | 12.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +205.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +146.5% | +117.3% | +506.3% | 2022 | -18.7% | 2025 |
| Assessment Ratio | 83.9% | 88.0% | — | 200.0% | 2021 | 25.1% | 2024 |
| Effective Tax Rate (2025) | 0.7100% | 0.7100% | — | 0.7100% | 2025 | 0.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,303 | $2,533 | ~$4,808 | $4,312 | 2022 | $1,812 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$697,409 | ~$260,742 | ~1.6570% | ~$4,320 | +115.5% |
| 2027 | ~$1,503,028 | ~$286,816 | ~1.5900% | ~$4,560 | +364.5% |
| 2028 | ~$3,239,265 | ~$315,498 | ~1.5229% | ~$4,805 | +901.0% |
| 2029 | ~$6,981,131 | ~$347,047 | ~1.4559% | ~$5,053 | +2057.3% |
| 2030 | ~$15,045,446 | ~$381,752 | ~1.3888% | ~$5,302 | +4549.4% |
| 2026 | ~$690,937 | ~$260,742 | ~1.7240% | ~$4,495 | +113.5% |
| 2027 | ~$1,475,261 | ~$286,816 | ~1.7240% | ~$4,945 | +355.9% |
| 2028 | ~$3,149,917 | ~$315,498 | ~1.7240% | ~$5,439 | +873.4% |
| 2029 | ~$6,725,574 | ~$347,047 | ~1.7240% | ~$5,983 | +1978.4% |
| 2030 | ~$14,360,171 | ~$381,752 | ~1.7240% | ~$6,582 | +4337.6% |
| 2026 | ~$703,881 | ~$260,742 | ~1.6235% | ~$4,233 | +117.5% |
| 2027 | ~$1,531,054 | ~$286,816 | ~1.5229% | ~$4,368 | +373.1% |
| 2028 | ~$3,330,286 | ~$315,498 | ~1.4224% | ~$4,488 | +929.1% |
| 2029 | ~$7,243,901 | ~$347,047 | ~1.3218% | ~$4,587 | +2138.5% |
| 2030 | ~$15,756,637 | ~$381,752 | ~1.2213% | ~$4,662 | +4769.2% |
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.