VELVET LEAF LN 78610
| Owner | ZHANG LINGLING & GEN GAO |
|---|---|
| Parcel ID | 0453070309 |
| Short ID | 954449 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,936 SF |
| Land SF | 6,452 SF |
| Acres | 0.148 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK E LOT 9 |
| Neighborhood | H1501 |
| Land | $63,595 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,595 |
| Improvement | $495,628 |
|---|---|
| Total Improvement | $495,628 |
| Market | $559,223 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $559,223 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $559,223 |
| Exemptions (−) (HS) | −$111,845 |
|---|---|
| Taxable Value | $447,378 |
Appreciation: Market value has risen +4.3% from $536,398 (2024) to $559,223 (2025), a CAGR of 4.3% over 1 year. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump.
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 $3,567. P10L 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 11% of market value ($63,595 land vs $495,628 improvements), about $10/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 +4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $688,770 by 2030, with an estimated annual tax burden around $5,692. 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 | 3,936 SF | ✗ |
| 1ST | 1st Floor | 2,146 SF | ✓ |
| 2ND | 2nd Floor | 1,790 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 208 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 794% 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% | $1,681.45 | $1,681.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $572.45 | $572.45 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $559.22 | $559.22 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $559.22 | $559.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $528.01 | $528.01 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $6,229.31 | $6,229.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $516,589 | $559,223 | -7.6% |
| Assessed Value | $516,589 | $559,223 | -7.6% |
| Land Value | $63,595 | $63,595 | +0.0% |
| Improvement Value | $452,994 | $495,628 | -8.6% |
| Taxable Value | $413,271 | $447,378 | -7.6% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$3,295
Estimated
|
~$6,229
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $558,898 | $516,589 | -42,309 (-7.6%) |
| Taxable Value | $447,118 | $413,271 | -33,847 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $516,589 | $63,595 | $452,994 | — | $516,589 | $413,271 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $559,223 | $63,595 | $495,628 | — | $559,223 | $447,378 | ~$6,229 | Partial |
| 2024 | $536,398 | — | — | −$476,398 | $60,000 | $— | $6,565 | Verified |
| 2023 | $— | — | — | — | $48,000 | $— | $5,219 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $2,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2025 | -11.6% | -11.6% | ~100% | Not available | Partial |
| 2024 | +47.4% | +47.4% | ~100% | 1.0400% | Verified |
| 2023 | +794.0% ! | +794.0% | ~100% | 1.2200% | Verified |
| 2022 | base year | — | ~100% | 5.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1065.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.6% | -1.6% | +6.0% | +4.3% | 2025 | -7.6% | 2026 |
| Assessment Ratio | 100.0% | 70.4% | — | 100.0% | 2025 | 11.2% | 2024 |
| Effective Tax Rate (2025) | 1.1100% | 1.1100% | — | 1.1100% | 2025 | 1.1100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,229 | $6,397 | ~$5,175 | $6,565 | 2024 | $6,229 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$583,019 | ~$583,019 | ~0.8031% | ~$4,682 | +4.3% |
| 2027 | ~$607,828 | ~$607,828 | ~0.8089% | ~$4,917 | +8.7% |
| 2028 | ~$633,693 | ~$633,693 | ~0.8147% | ~$5,163 | +13.3% |
| 2029 | ~$660,658 | ~$660,658 | ~0.8206% | ~$5,421 | +18.1% |
| 2030 | ~$688,770 | ~$688,770 | ~0.8264% | ~$5,692 | +23.2% |
| 2026 | ~$571,835 | ~$571,835 | ~0.7973% | ~$4,559 | +2.3% |
| 2027 | ~$584,731 | ~$584,731 | ~0.7973% | ~$4,662 | +4.6% |
| 2028 | ~$597,918 | ~$597,918 | ~0.7973% | ~$4,767 | +6.9% |
| 2029 | ~$611,403 | ~$611,403 | ~0.7973% | ~$4,875 | +9.3% |
| 2030 | ~$625,191 | ~$625,191 | ~0.7973% | ~$4,984 | +11.8% |
| 2026 | ~$594,204 | ~$594,204 | ~0.8060% | ~$4,789 | +6.3% |
| 2027 | ~$631,373 | ~$631,373 | ~0.8147% | ~$5,144 | +12.9% |
| 2028 | ~$670,866 | ~$670,866 | ~0.8235% | ~$5,524 | +20.0% |
| 2029 | ~$712,831 | ~$712,831 | ~0.8322% | ~$5,932 | +27.5% |
| 2030 | ~$757,420 | ~$757,420 | ~0.8409% | ~$6,369 | +35.4% |
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.