2537 FORGETMENOT LN TX 78660
| Owner | RHODES ALEXANDRIA DENEA |
|---|---|
| Parcel ID | 0258400910 |
| Short ID | 932452 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,276 SF |
| Land SF | 4,574 SF |
| Acres | 0.105 |
| Year Built | 2021 |
| Legal | LOT 10 BLK P ENTRADA PHS 4 |
| Neighborhood | A5850 |
| Land | $91,913 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $91,913 |
| Improvement | $219,384 |
|---|---|
| Total Improvement | $219,384 |
| Market | $311,297 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $311,297 |
| Value Limitation Adjustment (−) (homestead cap) | −$8,639 |
| Net Appraised (assessed) | $302,658 |
| Exemptions (−) (HS) | −$60,532 |
|---|---|
| Taxable Value | $242,126 |
Appreciation: Market value has risen +1975.3% from $15,000 (2021) to $311,297 (2025), a CAGR of 113.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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 $4,174. Pflugerville ISD is the largest single contributor, at 53.4% of the total 2025 levy.
Assessment Gap: Assessed value ($302,658) is $8,639 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 30% of market value ($91,913 land vs $219,384 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +113.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,788,897 by 2030, with an estimated annual tax burden around $6,770. 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 | 1,276 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,276 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 40 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 1416% 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% | $1,800.46 | $1,800.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $910.02 | $910.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $285.76 | $285.76 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $280.76 | $280.76 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $92.31 | $92.31 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $3,369.31 | $3,369.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $305,394 | $311,297 | -1.9% |
| Assessed Value | $305,394 | $302,658 | +0.9% |
| Land Value | $98,579 | $91,913 | +7.3% |
| Improvement Value | $206,815 | $219,384 | -5.7% |
| Taxable Value | $244,315 | $242,126 | +0.9% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$4,212
Estimated
|
~$3,369
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $305,394 | $305,394 | +0 (+0.0%) |
| Taxable Value | $244,315 | $244,315 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $305,394 | $98,579 | $206,815 | — | $305,394 | $244,315 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $311,297 | $91,913 | $219,384 | −$8,639 | $302,658 | $242,126 | ~$3,369 | Partial |
| 2024 | $359,700 | — | — | −$259,700 | $100,000 | $— | $3,295 | Verified |
| 2023 | $327,392 | — | — | −$227,392 | $100,000 | $— | $2,727 | Verified |
| 2022 | $— | — | — | — | $100,000 | $— | $5,152 | Verified |
| 2021 | $15,000 | — | — | — | $24,000 ! | $— | $478 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | -5.8% | +10.0% | 97.2% | Not available | Partial |
| 2024 | -8.1% | +10.0% | 83.2% | 1.0000% | Verified |
| 2023 | -1.1% | -31.2% | 69.5% | 0.7600% | Verified |
| 2022 | +1415.7% ! | +1415.7% | ~100% | 1.4200% | Verified |
| 2021 | base year | — | ~100% | 3.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1197.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.9% | +519.3% | +114.3% | +2082.6% | 2023 | -13.5% | 2025 |
| Assessment Ratio | 100.0% | 83.1% | — | 160.0% | 2021 | 27.8% | 2024 |
| Effective Tax Rate (2025) | 1.0800% | 1.0800% | — | 1.0800% | 2025 | 1.0800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,369 | $2,467 | ~$6,139 | $3,369 | 2025 | $478 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$664,425 | ~$332,924 | ~1.6570% | ~$5,517 | +113.4% |
| 2027 | ~$1,418,132 | ~$366,216 | ~1.5900% | ~$5,823 | +355.6% |
| 2028 | ~$3,026,828 | ~$402,838 | ~1.5229% | ~$6,135 | +872.3% |
| 2029 | ~$6,460,388 | ~$443,122 | ~1.4559% | ~$6,451 | +1975.3% |
| 2030 | ~$13,788,897 | ~$487,434 | ~1.3888% | ~$6,770 | +4329.5% |
| 2026 | ~$658,199 | ~$332,924 | ~1.7240% | ~$5,740 | +111.4% |
| 2027 | ~$1,391,680 | ~$366,216 | ~1.7240% | ~$6,314 | +347.1% |
| 2028 | ~$2,942,535 | ~$402,838 | ~1.7240% | ~$6,945 | +845.3% |
| 2029 | ~$6,221,624 | ~$443,122 | ~1.7240% | ~$7,640 | +1898.6% |
| 2030 | ~$13,154,853 | ~$487,434 | ~1.7240% | ~$8,404 | +4125.8% |
| 2026 | ~$670,651 | ~$332,924 | ~1.6235% | ~$5,405 | +115.4% |
| 2027 | ~$1,444,834 | ~$366,216 | ~1.5229% | ~$5,577 | +364.1% |
| 2028 | ~$3,112,715 | ~$402,838 | ~1.4224% | ~$5,730 | +899.9% |
| 2029 | ~$6,705,959 | ~$443,122 | ~1.3218% | ~$5,857 | +2054.2% |
| 2030 | ~$14,447,157 | ~$487,434 | ~1.2213% | ~$5,953 | +4541.0% |
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.