19321 CLOUDY BAY DR TX
| Owner | BASNET MILAN & PAVITRA DAHAL |
|---|---|
| Parcel ID | 0274670233 |
| Short ID | 927326 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,896 SF |
| Land SF | 5,005 SF |
| Acres | 0.115 |
| Year Built | 2020 |
| Legal | LOT 31 BLK H VINE CREEK PHS 3 & 4 FINAL PLAT OF |
| Neighborhood | A9740 |
| Land | $41,123 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,123 |
| Improvement | $316,700 |
|---|---|
| Total Improvement | $316,700 |
| Market | $357,823 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $357,823 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $357,823 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $357,823 |
Appreciation: Market value has risen +1092.7% from $30,000 (2021) to $357,823 (2025), a CAGR of 85.8% 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.
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 11% of market value ($41,123 land vs $316,700 improvements), about $8/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 +85.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,931,439 by 2030, with an estimated annual tax burden around $0. 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 | 1,896 SF | ✗ |
| 2ND | 2nd Floor | 1,148 SF | ✓ |
| 1ST | 1st Floor | 748 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 132 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 588% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $342,082 | $357,823 | -4.4% |
| Assessed Value | $342,082 | $357,823 | -4.4% |
| Land Value | $80,040 | $41,123 | +94.6% |
| Improvement Value | $262,042 | $316,700 | -17.3% |
| Taxable Value | — | — | — |
| Exemptions | HS | HS | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $342,082 | $342,082 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $342,082 | $80,040 | $262,042 | — | $342,082 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $357,823 | $41,123 | $316,700 | — | $357,823 | $— | not in county billing file ⓘ | Partial |
| 2024 | $483,436 | — | — | −$443,436 | $40,000 | $— | not in county billing file ⓘ | Partial |
| 2023 | $412,026 | — | — | −$372,026 | $40,000 | $— | not in county billing file ⓘ | Partial |
| 2022 | $59,891 | — | — | −$19,891 | $40,000 | $— | not in county billing file ⓘ | Partial |
| 2021 | $30,000 | — | — | — | $40,000 ! | $— | $1,457 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2025 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2024 | -22.4% | -17.2% | ~100% | No billing data | Verified |
| 2023 | +17.3% | +10.0% | 93.8% | No billing data | Verified |
| 2022 | +588.0% ! | +588.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 4.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +497.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.4% | +134.9% | +87.5% | +588.0% | 2023 | -26.0% | 2025 |
| Assessment Ratio | 100.0% | 69.7% | — | 133.3% | 2021 | 8.3% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $1,457 | $1,457 | — | $1,457 | 2021 | $1,457 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$664,975 | ~$393,605 | ~0.0000% | ~$0 | +85.8% |
| 2027 | ~$1,235,782 | ~$432,966 | ~0.0000% | ~$0 | +245.4% |
| 2028 | ~$2,296,564 | ~$476,262 | ~0.0000% | ~$0 | +541.8% |
| 2029 | ~$4,267,910 | ~$523,889 | ~0.0000% | ~$0 | +1092.7% |
| 2030 | ~$7,931,439 | ~$576,278 | ~0.0000% | ~$0 | +2116.6% |
| 2026 | ~$657,818 | ~$393,605 | ~0.0000% | ~$0 | +83.8% |
| 2027 | ~$1,209,326 | ~$432,966 | ~0.0000% | ~$0 | +238.0% |
| 2028 | ~$2,223,212 | ~$476,262 | ~0.0000% | ~$0 | +521.3% |
| 2029 | ~$4,087,130 | ~$523,889 | ~0.0000% | ~$0 | +1042.2% |
| 2030 | ~$7,513,736 | ~$576,278 | ~0.0000% | ~$0 | +1999.8% |
| 2026 | ~$672,131 | ~$393,605 | ~0.0000% | ~$0 | +87.8% |
| 2027 | ~$1,262,524 | ~$432,966 | ~0.0000% | ~$0 | +252.8% |
| 2028 | ~$2,371,511 | ~$476,262 | ~0.0000% | ~$0 | +562.8% |
| 2029 | ~$4,454,622 | ~$523,889 | ~0.0000% | ~$0 | +1144.9% |
| 2030 | ~$8,367,516 | ~$576,278 | ~0.0000% | ~$0 | +2238.5% |