5629 CORSO CT TX 78747
| Owner | CHATUR ASHISH & PRIYA CHATUR |
|---|---|
| Parcel ID | 0449070103 |
| Short ID | 931775 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,441 SF |
| Land SF | 5,968 SF |
| Acres | 0.137 |
| Year Built | 2021 |
| Legal | LOT 15 BLK A BELLA FORTUNA PHS 1 SUBD |
| Neighborhood | H1501 |
| Land | $61,756 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $61,756 |
| Improvement | $278,329 |
|---|---|
| Total Improvement | $278,329 |
| Market | $340,085 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $340,085 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $340,085 |
| Taxable Value | $340,085 |
|---|
Appreciation: Market value has risen +4434.5% from $7,500 (2021) to $340,085 (2025), a CAGR of 159.5% 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 6 taxing entities is 1.7225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,858. Austin 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 18% of market value ($61,756 land vs $278,329 improvements), about $10/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 +159.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $40,017,066 by 2030, with an estimated annual tax burden around $8,659. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,441 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,441 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 80 SF | ✗ |
| 612 | TERRACE UNCOVERD | 16 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 704% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,146.47 | $3,146.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,278.19 | $1,278.19 | Paid |
| P10A | — | — | — | — | — | — | $1,107.53 | $1,107.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $401.38 | $401.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $351.65 | $351.65 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $340.09 | $340.09 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $340.09 | $340.09 | Paid |
| Combined Rate | 1.8357% | 1.7020% | 1.5634% | 1.7042% | 1.7225% | +0.0183% | $6,965.40 | $6,965.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $303,381 | $340,085 | -10.8% |
| Assessed Value | $303,381 | $340,085 | -10.8% |
| Land Value | $61,756 | $61,756 | +0.0% |
| Improvement Value | $241,625 | $278,329 | -13.2% |
| Taxable Value | $303,381 | $340,085 | -10.8% |
| Total Tax 2026 = estimate |
~$5,226
Estimated
|
~$6,965
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $328,228 | $303,381 | -24,847 (-7.6%) |
| Taxable Value | $328,228 | $303,381 | -24,847 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $303,381 | $61,756 | $241,625 | — | $303,381 | $303,381 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $340,085 | $61,756 | $278,329 | — | $340,085 | $340,085 | ~$6,965 | Partial |
| 2024 | $381,201 | — | — | −$321,201 | $60,000 | $— | $7,631 | Verified |
| 2023 | $385,906 | — | — | −$325,906 | $60,000 | $— | $7,080 | Verified |
| 2022 | $— | — | — | — | $60,000 | $— | $7,741 | Verified |
| 2021 | $7,500 | — | — | — | $48,000 ! | $— | $2,055 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2025 | -11.0% | -11.0% | ~100% | Not available | Partial |
| 2024 | +0.2% | +0.2% | ~100% | 2.0000% | Verified |
| 2023 | -1.2% | -1.2% | ~100% | 1.8600% | Verified |
| 2022 | +704.0% ! | +704.0% | ~100% | 2.0100% | Verified |
| 2021 | base year | — | ~100% | 27.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +608.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.8% | +1255.6% | +165.8% | +5045.4% | 2023 | -10.8% | 2025 |
| Assessment Ratio | 100.0% | 174.2% | — | 640.0% | 2021 | 15.5% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,965 | $5,933 | ~$7,455 | $7,631 | 2024 | $2,055 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$882,509 | ~$374,094 | ~1.6942% | ~$6,338 | +159.5% |
| 2027 | ~$2,290,080 | ~$411,503 | ~1.6659% | ~$6,855 | +573.4% |
| 2028 | ~$5,942,677 | ~$452,653 | ~1.6376% | ~$7,412 | +1647.4% |
| 2029 | ~$15,421,041 | ~$497,918 | ~1.6093% | ~$8,013 | +4434.5% |
| 2030 | ~$40,017,066 | ~$547,710 | ~1.5810% | ~$8,659 | +11666.8% |
| 2026 | ~$875,707 | ~$374,094 | ~1.7225% | ~$6,444 | +157.5% |
| 2027 | ~$2,254,915 | ~$411,503 | ~1.7225% | ~$7,088 | +563.0% |
| 2028 | ~$5,806,329 | ~$452,653 | ~1.7225% | ~$7,797 | +1607.3% |
| 2029 | ~$14,951,095 | ~$497,918 | ~1.7225% | ~$8,576 | +4296.3% |
| 2030 | ~$38,498,550 | ~$547,710 | ~1.7225% | ~$9,434 | +11220.3% |
| 2026 | ~$889,310 | ~$374,094 | ~1.6800% | ~$6,285 | +161.5% |
| 2027 | ~$2,325,516 | ~$411,503 | ~1.6376% | ~$6,739 | +583.8% |
| 2028 | ~$6,081,144 | ~$452,653 | ~1.5951% | ~$7,220 | +1688.1% |
| 2029 | ~$15,901,980 | ~$497,918 | ~1.5527% | ~$7,731 | +4575.9% |
| 2030 | ~$41,583,125 | ~$547,710 | ~1.5102% | ~$8,272 | +12127.3% |
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.