CANTO TRC 78641
| Owner | GUMMALLA PRAVEENA & |
|---|---|
| Parcel ID | 0502480135 |
| Short ID | 958184 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 5,015 SF |
| Land SF | 10,211 SF |
| Acres | 0.234 |
| Year Built | 2022 |
| Legal | TRAVISSO PHS 5 SEC 2 SUBD BLK E LOT 3 |
| Neighborhood | T4500 |
| Land | $297,923 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $297,923 |
| Improvement | $811,712 |
|---|---|
| Total Improvement | $811,712 |
| Market | $1,109,635 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,109,635 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,109,635 |
| Exemptions (−) (HS) | −$221,927 |
|---|---|
| Taxable Value | $887,708 |
Appreciation: Market value has risen +84.5% from $601,363 (2024) to $1,109,635 (2025), a CAGR of 84.5% 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 $22,294. Leander ISD is the largest single contributor, at 41.8% 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 27% of market value ($297,923 land vs $811,712 improvements), about $29/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,109,635, 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 +84.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $23,735,444 by 2030, with an estimated annual tax burden around $38,756. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,015 SF | ✗ |
| 1ST | 1st Floor | 2,995 SF | ✓ |
| 2ND | 2nd Floor | 2,020 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 708 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 356 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 279 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 133% 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% | $10,538.96 | $10,538.96 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $4,584.01 | $4,584.01 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $4,549.50 | $4,549.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,336.41 | $3,336.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,135.89 | $1,135.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,047.70 | $1,047.70 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $25,192.47 | $25,192.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $996,988 | $1,109,635 | -10.2% |
| Assessed Value | $996,988 | $1,109,635 | -10.2% |
| Land Value | $270,840 | $297,923 | -9.1% |
| Improvement Value | $726,148 | $811,712 | -10.5% |
| Taxable Value | $797,590 | $887,708 | -10.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$20,031
Estimated
|
~$25,192
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $996,988 | $996,988 | +0 (+0.0%) |
| Taxable Value | $797,590 | $797,590 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $996,988 | $270,840 | $726,148 | — | $996,988 | $797,590 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,109,635 | $297,923 | $811,712 | — | $1,109,635 | $887,708 | ~$25,192 | Partial |
| 2024 | $601,363 | — | — | −$321,363 | $280,000 | $— | $22,567 | Verified |
| 2023 | $— | — | — | — | $220,000 | $— | $11,666 | Verified |
| 2022 | $— | — | — | — | $206,250 | $— | $5,399 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2025 | +20.6% | +20.6% | ~100% | Not available | Partial |
| 2024 | +91.2% ! | +91.2% | ~100% | 2.4500% | Verified |
| 2023 | +133.3% ! | +133.3% | ~100% | 2.4200% | Verified |
| 2022 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +438.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.2% | +37.1% | +88.7% | +84.5% | 2025 | -10.2% | 2026 |
| Assessment Ratio | 100.0% | 82.2% | — | 100.0% | 2025 | 46.6% | 2024 |
| Effective Tax Rate (2025) | 2.2700% | 2.2700% | — | 2.2700% | 2025 | 2.2700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,192 | $23,880 | ~$34,171 | $25,192 | 2025 | $22,567 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,047,498 | ~$1,220,598 | ~2.4429% | ~$29,818 | +84.5% |
| 2027 | ~$3,778,044 | ~$1,342,658 | ~2.3743% | ~$31,879 | +240.5% |
| 2028 | ~$6,971,247 | ~$1,476,924 | ~2.3058% | ~$34,055 | +528.2% |
| 2029 | ~$12,863,345 | ~$1,624,617 | ~2.2372% | ~$36,346 | +1059.2% |
| 2030 | ~$23,735,444 | ~$1,787,078 | ~2.1687% | ~$38,756 | +2039.0% |
| 2026 | ~$2,025,306 | ~$1,220,598 | ~2.5114% | ~$30,655 | +82.5% |
| 2027 | ~$3,696,588 | ~$1,342,658 | ~2.5114% | ~$33,720 | +233.1% |
| 2028 | ~$6,747,013 | ~$1,476,924 | ~2.5114% | ~$37,092 | +508.0% |
| 2029 | ~$12,314,647 | ~$1,624,617 | ~2.5114% | ~$40,801 | +1009.8% |
| 2030 | ~$22,476,694 | ~$1,787,078 | ~2.5114% | ~$44,882 | +1925.6% |
| 2026 | ~$2,069,691 | ~$1,220,598 | ~2.4086% | ~$29,400 | +86.5% |
| 2027 | ~$3,860,388 | ~$1,342,658 | ~2.3058% | ~$30,959 | +247.9% |
| 2028 | ~$7,200,396 | ~$1,476,924 | ~2.2029% | ~$32,536 | +548.9% |
| 2029 | ~$13,430,178 | ~$1,624,617 | ~2.1001% | ~$34,119 | +1110.3% |
| 2030 | ~$25,049,967 | ~$1,787,078 | ~1.9973% | ~$35,693 | +2157.5% |
In 2025, this property's market value of $1,109,635 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 13× 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 | $1,109,635 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $601,363 | $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.