CANTO TRC 78641
| Owner | SONG MATTHEW DONG-HYUN & |
|---|---|
| Parcel ID | 0502480132 |
| Short ID | 958181 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,249 SF |
| Land SF | 9,100 SF |
| Acres | 0.209 |
| Year Built | 2022 |
| Legal | TRAVISSO PHS 5 SEC 2 SUBD BLK E LOT 6 |
| Neighborhood | T4500 |
| Land | $295,081 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $295,081 |
| Improvement | $666,483 |
|---|---|
| Total Improvement | $666,483 |
| Market | $961,564 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $961,564 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $961,564 |
| Exemptions (−) (HS) | −$192,313 |
|---|---|
| Taxable Value | $769,251 |
Appreciation: Market value has risen +40.7% from $683,428 (2024) to $961,564 (2025), a CAGR of 40.7% 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. Over the same span, the median Land/Vacant parcel countywide rose +28.8%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.5114% in 2025 (+0.0586% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $19,319. Leander ISD is the largest single contributor, at 41.3% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 31% of market value ($295,081 land vs $666,483 improvements), about $32/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $961,564, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +40.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,301,580 by 2030, with an estimated annual tax burden around $33,584. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,249 SF | ✗ |
| 1ST | 1st Floor | 3,033 SF | ✓ |
| 2ND | 2nd Floor | 1,216 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 684 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 494 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 430% 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $8,929.58 | $8,929.58 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,972.31 | $3,972.31 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,942.41 | $3,942.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,891.19 | $2,891.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $984.31 | $984.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $907.89 | $907.89 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $21,627.69 | $21,627.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $833,783 | $961,564 | -13.3% |
| Assessed Value | $833,783 | $961,564 | -13.3% |
| Land Value | $268,256 | $295,081 | -9.1% |
| Improvement Value | $565,527 | $666,483 | -15.1% |
| Taxable Value | $667,026 | $769,251 | -13.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$16,752
Estimated
|
~$21,628
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $952,351 | $833,783 | -118,568 (-12.5%) |
| Taxable Value | $761,881 | $667,026 | -94,855 (-12.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $833,783 | $268,256 | $565,527 | — | $833,783 | $667,026 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $961,564 | $295,081 | $666,483 | — | $961,564 | $769,251 | ~$21,628 | Partial |
| 2024 | $683,428 | — | — | −$333,428 | $350,000 | $— | $32,504 | Verified |
| 2023 | $— | — | — | — | $220,000 | $— | $13,010 | Verified |
| 2022 | $— | — | — | — | $103,125 | $— | $2,699 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2025 | -32.5% | -32.5% | ~100% | Not available | Partial |
| 2024 | +160.6% ! | +160.6% | ~100% | 2.2800% | Verified |
| 2023 | +430.2% ! | +430.2% | ~100% | 2.3800% | Verified |
| 2022 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +832.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.3% | +13.7% | +45.0% | +40.7% | 2025 | -13.3% | 2026 |
| Assessment Ratio | 100.0% | 83.7% | — | 100.0% | 2025 | 51.2% | 2024 |
| Effective Tax Rate (2025) | 2.2500% | 2.2500% | — | 2.2500% | 2025 | 2.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,628 | $27,066 | ~$29,611 | $32,504 | 2024 | $21,628 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,352,894 | ~$1,057,720 | ~2.4429% | ~$25,839 | +40.7% |
| 2027 | ~$1,903,483 | ~$1,163,492 | ~2.3743% | ~$27,625 | +98.0% |
| 2028 | ~$2,678,147 | ~$1,279,842 | ~2.3058% | ~$29,510 | +178.5% |
| 2029 | ~$3,768,078 | ~$1,407,826 | ~2.2372% | ~$31,496 | +291.9% |
| 2030 | ~$5,301,580 | ~$1,548,608 | ~2.1687% | ~$33,584 | +451.3% |
| 2026 | ~$1,333,662 | ~$1,057,720 | ~2.5114% | ~$26,564 | +38.7% |
| 2027 | ~$1,849,752 | ~$1,163,492 | ~2.5114% | ~$29,221 | +92.4% |
| 2028 | ~$2,565,554 | ~$1,279,842 | ~2.5114% | ~$32,143 | +166.8% |
| 2029 | ~$3,558,352 | ~$1,407,826 | ~2.5114% | ~$35,357 | +270.1% |
| 2030 | ~$4,935,334 | ~$1,548,608 | ~2.5114% | ~$38,893 | +413.3% |
| 2026 | ~$1,372,125 | ~$1,057,720 | ~2.4086% | ~$25,476 | +42.7% |
| 2027 | ~$1,957,984 | ~$1,163,492 | ~2.3058% | ~$26,828 | +103.6% |
| 2028 | ~$2,793,988 | ~$1,279,842 | ~2.2029% | ~$28,194 | +190.6% |
| 2029 | ~$3,986,942 | ~$1,407,826 | ~2.1001% | ~$29,566 | +314.6% |
| 2030 | ~$5,689,254 | ~$1,548,608 | ~1.9973% | ~$30,930 | +491.7% |
In 2025, this property's market value of $961,564 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 11× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $961,564 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $683,428 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
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.