VELVET LEAF LN 78610
| Owner | TAYLOR MORRISON OF TEXAS INC |
|---|---|
| Parcel ID | 0453070316 |
| Short ID | 954456 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 6,436 SF |
| Acres | 0.148 |
| Year Built | — |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK E LOT 2 |
| Neighborhood | H1501 |
| Land | $63,584 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,584 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $50,867 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $50,867 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $50,867 |
| Taxable Value | $50,867 |
|---|
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 $406. P10L is the largest single contributor, at 85.2% 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 125% of market value ($63,584 land vs $0 improvements), about $10/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
No delinquent taxes on record.
Market value changed by 709% in 2026, 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% | $191.18 | $191.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $60.03 | $60.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $52.60 | $52.60 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $50.87 | $50.87 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $50.87 | $50.87 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $2,734.51 | $2,734.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $411,366 | $50,867 | +708.7% |
| Assessed Value | $411,366 | $50,867 | +708.7% |
| Land Value | $63,584 | $63,584 | +0.0% |
| Improvement Value | $347,782 | — | — |
| Taxable Value | $399,366 | $50,867 | +685.1% |
| Exemptions | DV | None | |
| Total Tax 2026 = estimate |
~$3,184
Estimated
|
~$2,735
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $411,366 | $411,366 | +0 (+0.0%) |
| Taxable Value | $399,366 | $399,366 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $411,366 | $63,584 | $347,782 | — | $411,366 | $399,366 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $50,867 | $63,584 | — | — | $50,867 | $50,867 | ~$2,735 | Partial |
| 2024 | $— | — | — | — | $48,000 | $— | $2,738 | Verified |
| 2023 | $— | — | — | — | $48,000 | $— | $2,837 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $2,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +708.7% ! | +708.7% | ~100% | Not available | Partial |
| 2025 | +6.0% | +6.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 5.7100% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 5.9100% | Verified |
| 2022 | base year | — | ~100% | 5.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +708.7% | +708.7% | — | +708.7% | 2026 | +708.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 5.3800% | 5.3800% | — | 5.3800% | 2025 | 5.3800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,735 | $2,735 | — | $2,735 | 2025 | $2,735 | 2025 |
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.