19304 HARTWELL DR 78660
| Owner | TAMANG LOK BAHADUR & ACHALA MAHAT |
|---|---|
| Parcel ID | 0276651102 |
| Short ID | 950490 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,893 SF |
| Land SF | 8,999 SF |
| Acres | 0.207 |
| Year Built | 2022 |
| Legal | LOT 20 BLK A VINE CREEK PHS 2 |
| Neighborhood | A9740 |
| Land | $42,460 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $42,460 |
| Improvement | $409,132 |
|---|---|
| Total Improvement | $409,132 |
| Market | $451,592 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $451,592 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $451,592 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $451,592 |
Appreciation: Market value has fallen -29.4% from $639,997 (2024) to $451,592 (2025), a CAGR of -29.4% over 1 year. Growth has been relatively flat for this asset class. 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.
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 9% of market value ($42,460 land vs $409,132 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the -29.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $78,993 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,893 SF | ✗ |
| 1ST | 1st Floor | 1,660 SF | ✓ |
| 2ND | 2nd Floor | 1,233 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 453 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 125 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1900% in 2023, 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 | $482,413 | $451,592 | +6.8% |
| Assessed Value | $482,413 | $451,592 | +6.8% |
| Land Value | $105,996 | $42,460 | +149.6% |
| Improvement Value | $376,417 | $409,132 | -8.0% |
| Taxable Value | — | — | — |
| Exemptions | HS | HS | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $482,413 | $482,413 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $482,413 | $105,996 | $376,417 | — | $482,413 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $451,592 | $42,460 | $409,132 | — | $451,592 | $— | not in county billing file ⓘ | Partial |
| 2024 | $639,997 | — | — | −$597,997 | $42,000 | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | $40,000 | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | $32,000 | $— | $370 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2025 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2024 | -26.4% | -26.4% | ~100% | No billing data | Verified |
| 2023 | +1900.0% ! | +1900.0% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | 1.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1311.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.8% | -11.3% | -30.3% | +6.8% | 2026 | -29.4% | 2025 |
| Assessment Ratio | 100.0% | 68.9% | — | 100.0% | 2025 | 6.6% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$318,650 | ~$318,650 | ~0.0000% | ~$0 | -29.4% |
| 2027 | ~$224,845 | ~$224,845 | ~0.0000% | ~$0 | -50.2% |
| 2028 | ~$158,654 | ~$158,654 | ~0.0000% | ~$0 | -64.9% |
| 2029 | ~$111,949 | ~$111,949 | ~0.0000% | ~$0 | -75.2% |
| 2030 | ~$78,993 | ~$78,993 | ~0.0000% | ~$0 | -82.5% |
| 2026 | ~$429,012 | ~$429,012 | ~0.0000% | ~$0 | -5.0% |
| 2027 | ~$407,562 | ~$407,562 | ~0.0000% | ~$0 | -9.7% |
| 2028 | ~$387,184 | ~$387,184 | ~0.0000% | ~$0 | -14.3% |
| 2029 | ~$367,825 | ~$367,825 | ~0.0000% | ~$0 | -18.5% |
| 2030 | ~$349,433 | ~$349,433 | ~0.0000% | ~$0 | -22.6% |
| 2026 | ~$327,682 | ~$327,682 | ~0.0000% | ~$0 | -27.4% |
| 2027 | ~$237,771 | ~$237,771 | ~0.0000% | ~$0 | -47.3% |
| 2028 | ~$172,531 | ~$172,531 | ~0.0000% | ~$0 | -61.8% |
| 2029 | ~$125,191 | ~$125,191 | ~0.0000% | ~$0 | -72.3% |
| 2030 | ~$90,841 | ~$90,841 | ~0.0000% | ~$0 | -79.9% |