12109 PLOW HANDLE DR TX 78617
| Owner | THAKKAR SHERIN & RIMA |
|---|---|
| Parcel ID | 0332381420 |
| Short ID | 919130 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,305 SF |
| Land SF | 4,792 SF |
| Acres | 0.110 |
| Year Built | 2020 |
| Legal | LOT 19 BLK F ROSS ROAD SUBD |
| Neighborhood | G0330 |
| Land | $30,641 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,641 |
| Improvement | $331,448 |
|---|---|
| Total Improvement | $331,448 |
| Market | $362,089 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $362,089 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $362,089 |
| Taxable Value | $362,089 |
|---|
Appreciation: Market value has risen +1408.7% from $24,000 (2021) to $362,089 (2025), a CAGR of 97.1% 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.
Tax Burden: The combined rate across 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,496. Del Valle ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 8% of market value ($30,641 land vs $331,448 improvements), about $6/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 +97.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,766,398 by 2030, with an estimated annual tax burden around $10,273. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,305 SF | ✗ |
| 2ND | 2nd Floor | 1,252 SF | ✓ |
| 1ST | 1st Floor | 1,053 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 389 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 30 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 1174% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $3,279.36 | $3,279.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,852.70 | $1,852.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,328.83 | $1,328.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $417.28 | $417.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $373.79 | $373.79 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $7,251.96 | $7,251.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $307,143 | $362,089 | -15.2% |
| Assessed Value | $307,143 | $362,089 | -15.2% |
| Land Value | $30,641 | $30,641 | +0.0% |
| Improvement Value | $276,502 | $331,448 | -16.6% |
| Taxable Value | $245,714 | $362,089 | -32.1% |
| Exemptions | HS | H | |
| Total Tax 2026 = estimate |
~$5,087
Estimated
|
~$7,252
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $307,143 | $307,143 | +0 (+0.0%) |
| Taxable Value | $245,714 | $245,714 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $307,143 | $30,641 | $276,502 | — | $307,143 | $245,714 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $362,089 | $30,641 | $331,448 | — | $362,089 | $362,089 | ~$7,252 | Partial |
| 2024 | $437,074 | — | — | −$407,074 | $30,000 | $— | $8,622 | Verified |
| 2023 | $465,579 | — | — | −$435,579 | $30,000 | $— | $8,534 | Verified |
| 2022 | $36,541 | — | — | −$6,541 | $30,000 | $— | $10,070 | Verified |
| 2021 | $24,000 | — | — | — | $30,000 ! | $— | $847 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -15.2% | -15.2% | ~100% | Not available | Partial |
| 2025 | -14.8% | -14.8% | ~100% | Not available | Partial |
| 2024 | -2.7% | -2.7% | ~100% | 2.0300% | Verified |
| 2023 | -6.1% | -6.1% | ~100% | 1.9500% | Verified |
| 2022 | +1174.1% ! | +1174.1% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 3.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +890.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.2% | +237.6% | +104.1% | +1174.1% | 2023 | -17.2% | 2025 |
| Assessment Ratio | 100.0% | 70.1% | — | 125.0% | 2021 | 6.4% | 2023 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,252 | $7,065 | ~$9,111 | $10,070 | 2022 | $847 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$713,619 | ~$398,298 | ~2.0085% | ~$8,000 | +97.1% |
| 2027 | ~$1,406,428 | ~$438,128 | ~1.9468% | ~$8,529 | +288.4% |
| 2028 | ~$2,771,842 | ~$481,940 | ~1.8851% | ~$9,085 | +665.5% |
| 2029 | ~$5,462,852 | ~$530,135 | ~1.8234% | ~$9,666 | +1408.7% |
| 2030 | ~$10,766,398 | ~$583,148 | ~1.7617% | ~$10,273 | +2873.4% |
| 2026 | ~$706,377 | ~$398,298 | ~2.0702% | ~$8,246 | +95.1% |
| 2027 | ~$1,378,028 | ~$438,128 | ~2.0702% | ~$9,070 | +280.6% |
| 2028 | ~$2,688,309 | ~$481,940 | ~2.0702% | ~$9,977 | +642.4% |
| 2029 | ~$5,244,457 | ~$530,135 | ~2.0702% | ~$10,975 | +1348.4% |
| 2030 | ~$10,231,089 | ~$583,148 | ~2.0702% | ~$12,072 | +2725.6% |
| 2026 | ~$720,861 | ~$398,298 | ~1.9776% | ~$7,877 | +99.1% |
| 2027 | ~$1,435,117 | ~$438,128 | ~1.8851% | ~$8,259 | +296.3% |
| 2028 | ~$2,857,086 | ~$481,940 | ~1.7925% | ~$8,639 | +689.1% |
| 2029 | ~$5,687,997 | ~$530,135 | ~1.7000% | ~$9,012 | +1470.9% |
| 2030 | ~$11,323,884 | ~$583,148 | ~1.6074% | ~$9,374 | +3027.4% |
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.