CANTO TRC 78641
| Owner | PATEL SHEEL K & SNEHA S |
|---|---|
| Parcel ID | 0502480143 |
| Short ID | 958192 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,512 SF |
| Land SF | 9,100 SF |
| Acres | 0.209 |
| Year Built | 2022 |
| Legal | TRAVISSO PHS 5 SEC 2 SUBD BLK A LOT 5 |
| Neighborhood | T4500 |
| Land | $295,081 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $295,081 |
| Improvement | $735,887 |
|---|---|
| Total Improvement | $735,887 |
| Market | $1,030,968 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,030,968 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,030,968 |
| Exemptions (−) (HS) | −$206,194 |
|---|---|
| Taxable Value | $824,774 |
Appreciation: Market value has fallen -3.4% from $1,066,712 (2024) to $1,030,968 (2025), a CAGR of -3.4% over 1 year. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $20,714. Leander ISD is the largest single contributor, at 41.6% 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 29% of market value ($295,081 land vs $735,887 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 $1,030,968, 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 -3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $869,431 by 2030, with an estimated annual tax burden around $18,855. 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 | 4,512 SF | ✗ |
| 1ST | 1st Floor | 2,903 SF | ✓ |
| 2ND | 2nd Floor | 1,609 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 662 SF | ✓ |
| 581 | STORAGE ATT | 360 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 262 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 417% 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% | $9,683.93 | $9,683.93 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $4,259.02 | $4,259.02 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $4,226.97 | $4,226.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,099.87 | $3,099.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,055.36 | $1,055.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $973.42 | $973.42 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $23,298.57 | $23,298.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $947,800 | $1,030,968 | -8.1% |
| Assessed Value | $947,800 | $1,030,968 | -8.1% |
| Land Value | $214,605 | $295,081 | -27.3% |
| Improvement Value | $733,195 | $735,887 | -0.4% |
| Taxable Value | $758,240 | $824,774 | -8.1% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$19,043
Estimated
|
~$23,299
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $947,800 | $947,800 | +0 (+0.0%) |
| Taxable Value | $758,240 | $758,240 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $947,800 | $214,605 | $733,195 | — | $947,800 | $758,240 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,030,968 | $295,081 | $735,887 | — | $1,030,968 | $824,774 | ~$23,299 | Partial |
| 2024 | $1,066,712 | — | — | −$716,712 | $350,000 | $— | $32,394 | Verified |
| 2023 | $— | — | — | — | $275,000 | $— | $25,454 | Verified |
| 2022 | $— | — | — | — | $206,250 | $— | $5,399 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2025 | -32.9% | -32.9% | ~100% | Not available | Partial |
| 2024 | +44.1% | +44.1% | ~100% | 2.1100% | Verified |
| 2023 | +417.2% ! | +417.2% | ~100% | 2.3900% | Verified |
| 2022 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +399.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.1% | -5.8% | -1.7% | -3.4% | 2025 | -8.1% | 2026 |
| Assessment Ratio | 100.0% | 77.6% | — | 100.0% | 2025 | 32.8% | 2024 |
| Effective Tax Rate (2025) | 2.2600% | 2.2600% | — | 2.2600% | 2025 | 2.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,299 | $27,846 | ~$21,530 | $32,394 | 2024 | $23,299 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$996,422 | ~$996,422 | ~2.4429% | ~$24,342 | -3.4% |
| 2027 | ~$963,033 | ~$963,033 | ~2.3743% | ~$22,866 | -6.6% |
| 2028 | ~$930,763 | ~$930,763 | ~2.3058% | ~$21,461 | -9.7% |
| 2029 | ~$899,575 | ~$899,575 | ~2.2372% | ~$20,125 | -12.7% |
| 2030 | ~$869,431 | ~$869,431 | ~2.1687% | ~$18,855 | -15.7% |
| 2026 | ~$979,420 | ~$979,420 | ~2.5114% | ~$24,598 | -5.0% |
| 2027 | ~$930,449 | ~$930,449 | ~2.5114% | ~$23,368 | -9.7% |
| 2028 | ~$883,926 | ~$883,926 | ~2.5114% | ~$22,199 | -14.3% |
| 2029 | ~$839,730 | ~$839,730 | ~2.5114% | ~$21,089 | -18.5% |
| 2030 | ~$797,743 | ~$797,743 | ~2.5114% | ~$20,035 | -22.6% |
| 2026 | ~$1,017,041 | ~$1,017,041 | ~2.4086% | ~$24,497 | -1.4% |
| 2027 | ~$1,003,302 | ~$1,003,302 | ~2.3058% | ~$23,134 | -2.7% |
| 2028 | ~$989,749 | ~$989,749 | ~2.2029% | ~$21,804 | -4.0% |
| 2029 | ~$976,379 | ~$976,379 | ~2.1001% | ~$20,505 | -5.3% |
| 2030 | ~$963,190 | ~$963,190 | ~1.9973% | ~$19,238 | -6.6% |
In 2025, this property's market value of $1,030,968 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 12× 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 | $1,030,968 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,066,712 | $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.