BASSANO AVE TX 78660
| Owner | SORENTO COMMUNITY HOA INC |
|---|---|
| Parcel ID | 0272590901 |
| Short ID | 844395 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 3,815 SF |
| Land SF | 88,209 SF |
| Acres | 2.025 |
| Year Built | 2015 |
| Legal | LOT 143 BLK N SORENTO PHS 2 (PRIVATE PARKLAND) (PRIVATE PARKLAND) |
| Neighborhood | A9700 |
| Land | $900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $900 |
| Improvement | $100 |
|---|---|
| Total Improvement | $100 |
| Market | $1,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,000 |
| Taxable Value | $1,000 |
|---|
Appreciation: Market value has risen +49.9% from $667 (2021) to $1,000 (2025), a CAGR of 10.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.3715% in 2025 (+0.0403% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $24. Pflugerville ISD is the largest single contributor, at 46.7% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($112, ~11.2% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 90% of market value ($900 land vs $100 improvements), about $0/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,000, this parcel sits in the bottom quartile (<25th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,659 by 2030, with an estimated annual tax burden around $28. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,815 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,815 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 3,413 SF | ✗ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 522 | FIREPLACE | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $11.07 | $11.07 | Paid |
| U6L Travis County MUD # 17 | 0.9370% | 0.8425% | 0.7780% | 0.6780% | 0.6780% | +0.0000% | $6.78 | $6.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3.76 | $3.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1.18 | $1.18 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $0.93 | $0.93 | Paid |
| Combined Rate | 2.8842% | 2.6040% | 2.3698% | 2.3312% | 2.3715% | +0.0403% | $23.72 | $23.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,689 | $1,000 | +68.9% |
| Assessed Value | $1,200 | $1,000 | +20.0% |
| Land Value | $1,600 | $900 | +77.8% |
| Improvement Value | $89 | $100 | -11.0% |
| Taxable Value | $1,200 | $1,000 | +20.0% |
| HS Cap Loss | -$489 | -$112 (2024) | |
| Total Tax 2026 = estimate |
~$28
Estimated
|
~$24
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,689 | $1,689 | +0 (+0.0%) |
| Taxable Value | $1,200 | $1,200 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,689 | $1,600 | $89 | −$489 | $1,200 | $1,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000 | $900 | $100 | — | $1,000 | $1,000 | ~$24 | Partial |
| 2024 | $1,002 | — | — | −$102 | $900 | $— | $24 | Verified |
| 2023 | $1,005 | — | — | −$105 | $900 | $— | $24 | Verified |
| 2022 | $659 | — | — | — | $900 ! | $— | $26 | Verified |
| 2021 | $667 | — | — | −$67 | $600 | $— | $19 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +68.9% | +20.0% | 71.0% | Not available | Partial |
| 2025 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2024 | +1.0% | +1.0% | ~100% | 2.3300% | Verified |
| 2023 | -0.3% | -0.3% | ~100% | 2.3700% | Verified |
| 2022 | +52.5% | +52.5% | ~100% | 2.6000% | Verified |
| 2021 | base year | — | ~100% | 2.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +68.9% | +23.9% | +1.6% | +68.9% | 2026 | -1.2% | 2022 |
| Assessment Ratio | 71.0% | 96.2% | — | 136.6% | 2022 | 71.0% | 2026 |
| Effective Tax Rate (2025) | 2.3700% | 2.3700% | — | 2.3700% | 2025 | 2.3700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24 | $23 | ~$26 | $26 | 2022 | $19 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,107 | ~$1,100 | ~2.2434% | ~$25 | +10.7% |
| 2027 | ~$1,224 | ~$1,210 | ~2.1152% | ~$26 | +22.4% |
| 2028 | ~$1,355 | ~$1,331 | ~1.9870% | ~$26 | +35.5% |
| 2029 | ~$1,499 | ~$1,464 | ~1.8589% | ~$27 | +49.9% |
| 2030 | ~$1,659 | ~$1,611 | ~1.7307% | ~$28 | +65.9% |
| 2026 | ~$1,087 | ~$1,087 | ~2.3715% | ~$26 | +8.7% |
| 2027 | ~$1,181 | ~$1,181 | ~2.3715% | ~$28 | +18.1% |
| 2028 | ~$1,283 | ~$1,283 | ~2.3715% | ~$30 | +28.3% |
| 2029 | ~$1,394 | ~$1,394 | ~2.3715% | ~$33 | +39.4% |
| 2030 | ~$1,514 | ~$1,514 | ~2.3715% | ~$36 | +51.4% |
| 2026 | ~$1,127 | ~$1,100 | ~2.1793% | ~$24 | +12.7% |
| 2027 | ~$1,269 | ~$1,210 | ~1.9870% | ~$24 | +26.9% |
| 2028 | ~$1,430 | ~$1,331 | ~1.7948% | ~$24 | +43.0% |
| 2029 | ~$1,611 | ~$1,464 | ~1.6026% | ~$23 | +61.1% |
| 2030 | ~$1,814 | ~$1,611 | ~1.4103% | ~$23 | +81.4% |
In 2025, this property's market value of $1,000 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -100% below the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $1,000 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $1,002 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $1,005 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $659 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $667 | $300,453 | $376,850 | $539,896 | ↓ Bottom 25% | base yr |
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.