6405 VELVET LEAF LN 78610
| Owner | HECKER KARL H & WANPING MAI |
|---|---|
| Parcel ID | 0453070509 |
| Short ID | 954474 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,909 SF |
| Land SF | 6,623 SF |
| Acres | 0.152 |
| Year Built | 2021 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK D LOT 14 |
| Neighborhood | H1501 |
| Land | $63,711 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,711 |
| Improvement | $377,920 |
|---|---|
| Total Improvement | $377,920 |
| Market | $441,631 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $441,631 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $441,631 |
| Taxable Value | $441,631 |
|---|
Appreciation: Market value has risen +119.9% from $200,866 (2023) to $441,631 (2025), a CAGR of 48.3% over 2 years. This is strong appreciation — well above typical inflation. 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.
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 $3,521. P10L is the largest single contributor, at 39.8% 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 14% of market value ($63,711 land vs $377,920 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 +48.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,165,500 by 2030, with an estimated annual tax burden around $5,878. 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 | 2,909 SF | ✗ |
| 1ST | 1st Floor | 2,284 SF | ✓ |
| 2ND | 2nd Floor | 625 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 198 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 204% 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% | $1,659.85 | $1,659.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $521.23 | $521.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $456.65 | $456.65 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $441.63 | $441.63 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $441.63 | $441.63 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $5,849.95 | $5,849.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $409,158 | $441,631 | -7.4% |
| Assessed Value | $409,158 | $441,631 | -7.4% |
| Land Value | $63,711 | $63,711 | +0.0% |
| Improvement Value | $345,447 | $377,920 | -8.6% |
| Taxable Value | $409,158 | $441,631 | -7.4% |
| Total Tax 2026 = estimate |
~$3,262
Estimated
|
~$5,850
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $442,668 | $409,158 | -33,510 (-7.6%) |
| Taxable Value | $442,668 | $409,158 | -33,510 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $409,158 | $63,711 | $345,447 | — | $409,158 | $409,158 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $441,631 | $63,711 | $377,920 | — | $441,631 | $441,631 | ~$5,850 | Partial |
| 2024 | $610,766 | — | — | −$550,766 | $60,000 | $— | $6,378 | Verified |
| 2023 | $200,866 | — | — | −$140,866 | $60,000 | $— | $6,799 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $3,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -16.8% | -16.8% | ~100% | Not available | Partial |
| 2024 | -13.1% | -13.1% | ~100% | 1.2000% | Verified |
| 2023 | +204.1% ! | +204.1% | ~100% | 1.1100% | Verified |
| 2022 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +119.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.4% | +56.3% | +50.6% | +204.1% | 2024 | -27.7% | 2025 |
| Assessment Ratio | 100.0% | 59.9% | — | 100.0% | 2025 | 9.8% | 2024 |
| Effective Tax Rate (2025) | 1.3200% | 1.3200% | — | 1.3200% | 2025 | 1.3200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,850 | $6,342 | ~$4,839 | $6,799 | 2023 | $5,850 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$654,841 | ~$485,794 | ~0.8031% | ~$3,901 | +48.3% |
| 2027 | ~$970,985 | ~$534,374 | ~0.8089% | ~$4,323 | +119.9% |
| 2028 | ~$1,439,757 | ~$587,811 | ~0.8147% | ~$4,789 | +226.0% |
| 2029 | ~$2,134,842 | ~$646,592 | ~0.8206% | ~$5,306 | +383.4% |
| 2030 | ~$3,165,500 | ~$711,251 | ~0.8264% | ~$5,878 | +616.8% |
| 2026 | ~$646,009 | ~$485,794 | ~0.7973% | ~$3,873 | +46.3% |
| 2027 | ~$944,968 | ~$534,374 | ~0.7973% | ~$4,260 | +114.0% |
| 2028 | ~$1,382,280 | ~$587,811 | ~0.7973% | ~$4,686 | +213.0% |
| 2029 | ~$2,021,971 | ~$646,592 | ~0.7973% | ~$5,155 | +357.8% |
| 2030 | ~$2,957,698 | ~$711,251 | ~0.7973% | ~$5,671 | +569.7% |
| 2026 | ~$663,674 | ~$485,794 | ~0.8060% | ~$3,916 | +50.3% |
| 2027 | ~$997,356 | ~$534,374 | ~0.8147% | ~$4,354 | +125.8% |
| 2028 | ~$1,498,806 | ~$587,811 | ~0.8235% | ~$4,840 | +239.4% |
| 2029 | ~$2,252,374 | ~$646,592 | ~0.8322% | ~$5,381 | +410.0% |
| 2030 | ~$3,384,822 | ~$711,251 | ~0.8409% | ~$5,981 | +666.4% |
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.