6512 WAGON SPRING ST TX 78617
| Owner | CANES RODOLFO EDWARD |
|---|---|
| Parcel ID | 0332381417 |
| Short ID | 919127 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,494 SF |
| Land SF | 13,068 SF |
| Acres | 0.300 |
| Year Built | 2021 |
| Legal | LOT 16 BLK F ROSS ROAD SUBD |
| Neighborhood | G0330 |
| Land | $36,068 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $36,068 |
| Improvement | $349,598 |
|---|---|
| Total Improvement | $349,598 |
| Market | $385,666 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $385,666 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $385,666 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $385,666 |
Appreciation: Market value has risen +1506.9% from $24,000 (2021) to $385,666 (2025), a CAGR of 100.2% 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.
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 ($36,068 land vs $349,598 improvements), about $3/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 +100.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,408,277 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 | 2,494 SF | ✗ |
| 2ND | 2nd Floor | 1,276 SF | ✓ |
| 1ST | 1st Floor | 1,218 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 390 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 160 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1921% 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 | $372,699 | $385,666 | -3.4% |
| Assessed Value | $372,699 | $385,666 | -3.4% |
| Land Value | $36,068 | $36,068 | +0.0% |
| Improvement Value | $336,631 | $349,598 | -3.7% |
| Taxable Value | — | — | — |
| Exemptions | HS | HS | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $372,699 | $372,699 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $372,699 | $36,068 | $336,631 | — | $372,699 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $385,666 | $36,068 | $349,598 | — | $385,666 | $— | not in county billing file ⓘ | Partial |
| 2024 | $465,715 | — | — | −$429,715 | $36,000 | $— | $3,204 | Verified |
| 2023 | $485,158 | — | — | −$449,158 | $36,000 | $— | $7,058 | Verified |
| 2022 | $— | — | — | — | $30,000 | $— | $8,919 | Verified |
| 2021 | $24,000 | — | — | — | $24,000 | $— | $556 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2025 | -14.8% | -14.8% | ~100% | Not available | Partial |
| 2024 | -2.8% | -2.8% | ~100% | 0.7100% | Verified |
| 2023 | -4.0% | -4.0% | ~100% | 1.5200% | Verified |
| 2022 | +1921.5% ! | +1921.5% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1506.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.4% | +474.2% | +101.6% | +1921.5% | 2023 | -17.2% | 2025 |
| Assessment Ratio | 100.0% | 63.0% | — | 100.0% | 2021 | 7.4% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $3,204 | $3,606 | — | $7,058 | 2023 | $556 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$772,167 | ~$424,233 | ~0.0000% | ~$0 | +100.2% |
| 2027 | ~$1,546,007 | ~$466,656 | ~0.0000% | ~$0 | +300.9% |
| 2028 | ~$3,095,362 | ~$513,321 | ~0.0000% | ~$0 | +702.6% |
| 2029 | ~$6,197,428 | ~$564,654 | ~0.0000% | ~$0 | +1506.9% |
| 2030 | ~$12,408,277 | ~$621,119 | ~0.0000% | ~$0 | +3117.4% |
| 2026 | ~$764,454 | ~$424,233 | ~0.0000% | ~$0 | +98.2% |
| 2027 | ~$1,515,274 | ~$466,656 | ~0.0000% | ~$0 | +292.9% |
| 2028 | ~$3,003,525 | ~$513,321 | ~0.0000% | ~$0 | +678.8% |
| 2029 | ~$5,953,484 | ~$564,654 | ~0.0000% | ~$0 | +1443.7% |
| 2030 | ~$11,800,793 | ~$621,119 | ~0.0000% | ~$0 | +2959.8% |
| 2026 | ~$779,881 | ~$424,233 | ~0.0000% | ~$0 | +102.2% |
| 2027 | ~$1,577,048 | ~$466,656 | ~0.0000% | ~$0 | +308.9% |
| 2028 | ~$3,189,052 | ~$513,321 | ~0.0000% | ~$0 | +726.9% |
| 2029 | ~$6,448,792 | ~$564,654 | ~0.0000% | ~$0 | +1572.1% |
| 2030 | ~$13,040,526 | ~$621,119 | ~0.0000% | ~$0 | +3281.3% |