VELVET LEAF LN 78610
| Owner | SOKOLIC KATHERINE JANE & |
|---|---|
| Parcel ID | 0453070513 |
| Short ID | 954478 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,350 SF |
| Land SF | 6,250 SF |
| Acres | 0.143 |
| Year Built | 2022 |
| Legal | TURNERS CROSSING NORTH PHS 1 BLK D LOT 18 |
| Neighborhood | H1501 |
| Land | $63,458 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,458 |
| Improvement | $422,394 |
|---|---|
| Total Improvement | $422,394 |
| Market | $485,852 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $485,852 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $485,852 |
| Taxable Value | $485,852 |
|---|
Appreciation: Market value has risen +20.4% from $403,624 (2024) to $485,852 (2025), a CAGR of 20.4% over 1 year. This is strong appreciation — well above typical inflation. 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 $3,874. P10L is the largest single contributor, at 37.5% 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 13% of market value ($63,458 land vs $422,394 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,227,832 by 2030, with an estimated annual tax burden around $6,466. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,350 SF | ✗ |
| 1ST | 1st Floor | 2,150 SF | ✓ |
| 2ND | 2nd Floor | 1,200 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 616 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 265 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
Market value changed by 573% 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% | $1,826.05 | $1,826.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $573.42 | $573.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $502.37 | $502.37 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $485.85 | $485.85 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $485.85 | $485.85 | Paid |
| Combined Rate | 0.7740% | 0.7054% | 0.7039% | 0.7537% | 0.7973% | +0.0436% | $6,202.50 | $6,202.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $452,423 | $485,852 | -6.9% |
| Assessed Value | $452,423 | $485,852 | -6.9% |
| Land Value | $63,458 | $63,458 | +0.0% |
| Improvement Value | $388,965 | $422,394 | -7.9% |
| Taxable Value | $452,423 | $485,852 | -6.9% |
| Total Tax 2026 = estimate |
~$3,607
Estimated
|
~$6,202
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $503,139 | $452,423 | -50,716 (-10.1%) |
| Taxable Value | $503,139 | $452,423 | -50,716 (-10.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $452,423 | $63,458 | $388,965 | — | $452,423 | $452,423 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $485,852 | $63,458 | $422,394 | — | $485,852 | $485,852 | ~$6,202 | Partial |
| 2024 | $403,624 | — | — | −$343,624 | $60,000 | $— | $6,837 | Verified |
| 2023 | $— | — | — | — | $48,000 | $— | $4,772 | Verified |
| 2022 | $— | — | — | — | $48,000 | $— | $2,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.6% | +3.6% | ~100% | Not available | Partial |
| 2025 | -17.9% | -17.9% | ~100% | Not available | Partial |
| 2024 | +83.3% ! | +83.3% | ~100% | 1.1600% | Verified |
| 2023 | +572.7% ! | +572.7% | ~100% | 1.4800% | Verified |
| 2022 | base year | — | ~100% | 5.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +912.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.9% | +6.7% | +22.2% | +20.4% | 2025 | -6.9% | 2026 |
| Assessment Ratio | 100.0% | 71.6% | — | 100.0% | 2025 | 14.9% | 2024 |
| Effective Tax Rate (2025) | 1.2800% | 1.2800% | — | 1.2800% | 2025 | 1.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,202 | $6,520 | ~$5,324 | $6,837 | 2024 | $6,202 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$584,832 | ~$534,437 | ~0.8031% | ~$4,292 | +20.4% |
| 2027 | ~$703,976 | ~$587,881 | ~0.8089% | ~$4,755 | +44.9% |
| 2028 | ~$847,393 | ~$646,669 | ~0.8147% | ~$5,269 | +74.4% |
| 2029 | ~$1,020,028 | ~$711,336 | ~0.8206% | ~$5,837 | +109.9% |
| 2030 | ~$1,227,832 | ~$782,470 | ~0.8264% | ~$6,466 | +152.7% |
| 2026 | ~$575,115 | ~$534,437 | ~0.7973% | ~$4,261 | +18.4% |
| 2027 | ~$680,777 | ~$587,881 | ~0.7973% | ~$4,687 | +40.1% |
| 2028 | ~$805,853 | ~$646,669 | ~0.7973% | ~$5,156 | +65.9% |
| 2029 | ~$953,907 | ~$711,336 | ~0.7973% | ~$5,671 | +96.3% |
| 2030 | ~$1,129,163 | ~$782,470 | ~0.7973% | ~$6,238 | +132.4% |
| 2026 | ~$594,549 | ~$534,437 | ~0.8060% | ~$4,308 | +22.4% |
| 2027 | ~$727,564 | ~$587,881 | ~0.8147% | ~$4,790 | +49.8% |
| 2028 | ~$890,338 | ~$646,669 | ~0.8235% | ~$5,325 | +83.3% |
| 2029 | ~$1,089,528 | ~$711,336 | ~0.8322% | ~$5,920 | +124.3% |
| 2030 | ~$1,333,281 | ~$782,470 | ~0.8409% | ~$6,580 | +174.4% |
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.