6509 WAGON SPRING ST TX 78617
| Owner | MARTINEZ LAURENCE SONG HENG & KARMY SUHEY |
|---|---|
| Parcel ID | 0332381504 |
| Short ID | 919137 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,043 SF |
| Land SF | 4,356 SF |
| Acres | 0.100 |
| Year Built | 2021 |
| Legal | LOT 4 BLK E ROSS ROAD SUBD |
| Neighborhood | G0330 |
| Land | $30,569 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,569 |
| Improvement | $300,590 |
|---|---|
| Total Improvement | $300,590 |
| Market | $331,159 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $331,159 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $331,159 |
| Exemptions (−) (HS) | −$66,232 |
|---|---|
| Taxable Value | $264,927 |
Appreciation: Market value has risen +1279.8% from $24,000 (2021) to $331,159 (2025), a CAGR of 92.7% 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.
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 $5,484. Del Valle ISD is the largest single contributor, at 37.4% 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 9% of market value ($30,569 land vs $300,590 improvements), about $7/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 +92.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,806,802 by 2030, with an estimated annual tax burden around $9,396. 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 | 2,043 SF | ✗ |
| 2ND | 2nd Floor | 1,171 SF | ✓ |
| 1ST | 1st Floor | 872 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 160 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1695% 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% | $1,813.91 | $1,813.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,388.26 | $1,388.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $995.71 | $995.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $337.25 | $337.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $312.67 | $312.67 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $4,847.80 | $4,847.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $315,000 | $331,159 | -4.9% |
| Assessed Value | $315,000 | $331,159 | -4.9% |
| Land Value | $30,569 | $30,569 | +0.0% |
| Improvement Value | $284,431 | $300,590 | -5.4% |
| Taxable Value | $252,000 | $264,927 | -4.9% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$5,217
Estimated
|
~$4,848
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $315,000 | $315,000 | +0 (+0.0%) |
| Taxable Value | $252,000 | $252,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $315,000 | $30,569 | $284,431 | — | $315,000 | $252,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $331,159 | $30,569 | $300,590 | — | $331,159 | $264,927 | ~$4,848 | Partial |
| 2024 | $367,269 | — | — | −$337,269 | $30,000 | $— | $5,904 | Verified |
| 2023 | $430,853 | — | — | −$400,853 | $30,000 | $— | $5,538 | Verified |
| 2022 | $— | — | — | — | $30,000 | $— | $8,082 | Verified |
| 2021 | $24,000 | — | — | — | $24,000 | $— | $556 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2025 | -11.7% | -11.7% | ~100% | Not available | Partial |
| 2024 | +2.1% | +2.1% | ~100% | 1.5700% | Verified |
| 2023 | -14.8% | -14.8% | ~100% | 1.5100% | Verified |
| 2022 | +1695.2% ! | +1695.2% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1279.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.9% | +416.4% | +94.7% | +1695.2% | 2023 | -14.8% | 2024 |
| Assessment Ratio | 100.0% | 63.0% | — | 100.0% | 2021 | 7.0% | 2023 |
| Effective Tax Rate (2025) | 1.4600% | 1.4600% | — | 1.4600% | 2025 | 1.4600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,848 | $4,211 | ~$8,333 | $5,904 | 2024 | $556 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$638,253 | ~$364,275 | ~2.0085% | ~$7,316 | +92.7% |
| 2027 | ~$1,230,125 | ~$400,702 | ~1.9468% | ~$7,801 | +271.5% |
| 2028 | ~$2,370,858 | ~$440,773 | ~1.8851% | ~$8,309 | +615.9% |
| 2029 | ~$4,569,428 | ~$484,850 | ~1.8234% | ~$8,841 | +1279.8% |
| 2030 | ~$8,806,802 | ~$533,335 | ~1.7617% | ~$9,396 | +2559.4% |
| 2026 | ~$631,630 | ~$364,275 | ~2.0702% | ~$7,541 | +90.7% |
| 2027 | ~$1,204,727 | ~$400,702 | ~2.0702% | ~$8,295 | +263.8% |
| 2028 | ~$2,297,814 | ~$440,773 | ~2.0702% | ~$9,125 | +593.9% |
| 2029 | ~$4,382,692 | ~$484,850 | ~2.0702% | ~$10,037 | +1223.4% |
| 2030 | ~$8,359,244 | ~$533,335 | ~2.0702% | ~$11,041 | +2424.2% |
| 2026 | ~$644,876 | ~$364,275 | ~1.9776% | ~$7,204 | +94.7% |
| 2027 | ~$1,255,788 | ~$400,702 | ~1.8851% | ~$7,554 | +279.2% |
| 2028 | ~$2,445,434 | ~$440,773 | ~1.7925% | ~$7,901 | +638.4% |
| 2029 | ~$4,762,070 | ~$484,850 | ~1.7000% | ~$8,242 | +1338.0% |
| 2030 | ~$9,273,327 | ~$533,335 | ~1.6074% | ~$8,573 | +2700.3% |
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.