VELVET LEAF LN 78610
| Owner | EDWARDS ELEANOR & HUDSON VALENTI |
|---|---|
| Parcel ID | 0453070308 |
| Short ID | 954448 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,960 SF |
| Land SF | 6,867 SF |
| Acres | 0.158 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK E LOT 10 |
| Neighborhood | H1501 |
| Land | $63,876 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,876 |
| Improvement | $318,495 |
|---|---|
| Total Improvement | $318,495 |
| Market | $382,371 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $382,371 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $382,371 |
| Exemptions (−) (HS) | −$76,474 |
|---|---|
| Taxable Value | $305,897 |
Appreciation: Market value has fallen -20.1% from $478,760 (2024) to $382,371 (2025), a CAGR of -20.1% over 1 year. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 0.7973% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,439. P10L is the largest single contributor, at 46.6% 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 17% of market value ($63,876 land vs $318,495 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the -20.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $124,257 by 2030, with an estimated annual tax burden around $1,027. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,960 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,960 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 289 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 897% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| P10L | — | — | — | — | — | — | $2,328.96 | $2,328.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,149.70 | $1,149.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $390.20 | $390.20 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $382.37 | $382.37 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $382.37 | $382.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $361.03 | $361.03 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $4,994.63 | $4,994.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $382,600 | $382,371 | +0.1% |
| Assessed Value | $382,600 | $382,371 | +0.1% |
| Land Value | $63,876 | $63,876 | +0.0% |
| Improvement Value | $318,724 | $318,495 | +0.1% |
| Taxable Value | $306,080 | $305,897 | +0.1% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$2,440
Estimated
|
~$4,995
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $382,600 | $382,600 | +0 (+0.0%) |
| Taxable Value | $306,080 | $306,080 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $382,600 | $63,876 | $318,724 | — | $382,600 | $306,080 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $382,371 | $63,876 | $318,495 | — | $382,371 | $305,897 | ~$4,995 | Partial |
| 2024 | $478,760 | — | — | −$418,760 | $60,000 | $— | $5,177 | Verified |
| 2023 | $— | — | — | — | $60,000 | $— | $5,481 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $2,801 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -9.6% | -9.6% | ~100% | Not available | Partial |
| 2024 | -11.6% | -11.6% | ~100% | 1.2200% | Verified |
| 2023 | +897.4% ! | +897.4% | ~100% | 1.1400% | Verified |
| 2022 | base year | — | ~100% | 5.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +696.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | -10.0% | -20.1% | +0.1% | 2026 | -20.1% | 2025 |
| Assessment Ratio | 100.0% | 70.8% | — | 100.0% | 2025 | 12.5% | 2024 |
| Effective Tax Rate (2025) | 1.3100% | 1.3100% | — | 1.3100% | 2025 | 1.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,995 | $5,086 | ~$1,663 | $5,177 | 2024 | $4,995 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$305,388 | ~$305,388 | ~0.8031% | ~$2,453 | -20.1% |
| 2027 | ~$243,904 | ~$243,904 | ~0.8089% | ~$1,973 | -36.2% |
| 2028 | ~$194,799 | ~$194,799 | ~0.8147% | ~$1,587 | -49.1% |
| 2029 | ~$155,580 | ~$155,580 | ~0.8206% | ~$1,277 | -59.3% |
| 2030 | ~$124,257 | ~$124,257 | ~0.8264% | ~$1,027 | -67.5% |
| 2026 | ~$363,252 | ~$363,252 | ~0.7973% | ~$2,896 | -5.0% |
| 2027 | ~$345,090 | ~$345,090 | ~0.7973% | ~$2,751 | -9.7% |
| 2028 | ~$327,835 | ~$327,835 | ~0.7973% | ~$2,614 | -14.3% |
| 2029 | ~$311,444 | ~$311,444 | ~0.7973% | ~$2,483 | -18.5% |
| 2030 | ~$295,871 | ~$295,871 | ~0.7973% | ~$2,359 | -22.6% |
| 2026 | ~$313,035 | ~$313,035 | ~0.8060% | ~$2,523 | -18.1% |
| 2027 | ~$256,273 | ~$256,273 | ~0.8147% | ~$2,088 | -33.0% |
| 2028 | ~$209,803 | ~$209,803 | ~0.8235% | ~$1,728 | -45.1% |
| 2029 | ~$171,759 | ~$171,759 | ~0.8322% | ~$1,429 | -55.1% |
| 2030 | ~$140,614 | ~$140,614 | ~0.8409% | ~$1,182 | -63.2% |
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.