12602 DAIRYWORK RD 78610
| Owner | YUSUF ABDULRAZAK |
|---|---|
| Parcel ID | 0453070104 |
| Short ID | 954426 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,228 SF |
| Land SF | 5,625 SF |
| Acres | 0.129 |
| Year Built | 2021 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK A LOT 15 |
| Neighborhood | H1501 |
| Land | $63,034 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,034 |
| Improvement | $351,545 |
|---|---|
| Total Improvement | $351,545 |
| Market | $414,579 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $414,579 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $414,579 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $414,579 |
Appreciation: Market value has risen +5.7% from $392,138 (2023) to $414,579 (2025), a CAGR of 2.8% over 2 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 15% of market value ($63,034 land vs $351,545 improvements), about $11/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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $476,462 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,228 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,228 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 96 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| P10L | — | — | — | — | — | — | $2,096.06 | $2,096.06 | Paid |
| Combined Rate | — | — | — | — | — | — | $2,096.06 | $2,096.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $396,402 | $414,579 | -4.4% |
| Assessed Value | $396,402 | $414,579 | -4.4% |
| Land Value | $63,034 | $63,034 | +0.0% |
| Improvement Value | $333,368 | $351,545 | -5.2% |
| Taxable Value | — | — | — |
| Exemptions | HS | HS | |
| Total Tax | Pending certification |
~$2,096
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $396,402 | $396,402 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $396,402 | $63,034 | $333,368 | — | $396,402 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $414,579 | $63,034 | $351,545 | — | $414,579 | $— | ~$2,096 | Partial |
| 2024 | $520,996 | — | — | −$460,996 | $60,000 | $— | $2,139 | Verified |
| 2023 | $392,138 | — | — | −$332,138 | $60,000 | $— | $2,672 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $3,170 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | -12.4% | -12.4% | ~100% | 0.4700% | Verified |
| 2023 | +32.9% | +32.9% | ~100% | 0.5100% | Verified |
| 2022 | base year | — | ~100% | 0.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.4% | +2.7% | +3.8% | +32.9% | 2024 | -20.4% | 2025 |
| Assessment Ratio | 100.0% | 56.7% | — | 100.0% | 2025 | 11.5% | 2024 |
| Effective Tax Rate (2025) | 0.5100% | 0.5100% | — | 0.5100% | 2025 | 0.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,096 | $2,302 | — | $2,672 | 2023 | $2,096 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$426,277 | ~$426,277 | ~0.0000% | ~$0 | +2.8% |
| 2027 | ~$438,304 | ~$438,304 | ~0.0000% | ~$0 | +5.7% |
| 2028 | ~$450,671 | ~$450,671 | ~0.0000% | ~$0 | +8.7% |
| 2029 | ~$463,387 | ~$463,387 | ~0.0000% | ~$0 | +11.8% |
| 2030 | ~$476,462 | ~$476,462 | ~0.0000% | ~$0 | +14.9% |
| 2026 | ~$417,985 | ~$417,985 | ~0.0000% | ~$0 | +0.8% |
| 2027 | ~$421,419 | ~$421,419 | ~0.0000% | ~$0 | +1.6% |
| 2028 | ~$424,881 | ~$424,881 | ~0.0000% | ~$0 | +2.5% |
| 2029 | ~$428,372 | ~$428,372 | ~0.0000% | ~$0 | +3.3% |
| 2030 | ~$431,891 | ~$431,891 | ~0.0000% | ~$0 | +4.2% |
| 2026 | ~$434,568 | ~$434,568 | ~0.0000% | ~$0 | +4.8% |
| 2027 | ~$455,521 | ~$455,521 | ~0.0000% | ~$0 | +9.9% |
| 2028 | ~$477,484 | ~$477,484 | ~0.0000% | ~$0 | +15.2% |
| 2029 | ~$500,507 | ~$500,507 | ~0.0000% | ~$0 | +20.7% |
| 2030 | ~$524,639 | ~$524,639 | ~0.0000% | ~$0 | +26.5% |
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.