BEL PAESE BEND TX 78641
| Owner | LEE SEUNGHO |
|---|---|
| Parcel ID | 0502550106 |
| Short ID | 932104 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 5,274 SF |
| Land SF | 14,250 SF |
| Acres | 0.327 |
| Year Built | 2021 |
| Legal | LOT 17 BLK J TRAVISSO PHS 4 SEC 1-3 |
| Neighborhood | T4500 |
| Land | $403,906 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $403,906 |
| Improvement | $830,212 |
|---|---|
| Total Improvement | $830,212 |
| Market | $1,234,118 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,234,118 |
| Value Limitation Adjustment (−) (homestead cap) | −$80,781 |
| Net Appraised (assessed) | $1,153,337 |
| Exemptions (−) (HS) | −$230,667 |
|---|---|
| Taxable Value | $922,670 |
Appreciation: Market value has risen +2273.3% from $52,000 (2021) to $1,234,118 (2025), a CAGR of 120.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
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 $23,172. Leander ISD is the largest single contributor, at 41.4% of the total 2025 levy.
Assessment Gap: Assessed value ($1,153,337) is $80,781 below market value, suggesting potential for an upward assessment in future years.
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 33% of market value ($403,906 land vs $830,212 improvements), about $28/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 +120.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $64,646,998 by 2030, with an estimated annual tax burden around $40,282. 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 | 5,274 SF | ✗ |
| 1ST | 1st Floor | 3,174 SF | ✓ |
| 2ND | 2nd Floor | 2,100 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 1,046 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 862 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 345 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1949% in 2022, 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% | $11,013.96 | $11,013.96 | Paid |
| U7N Travis County MUD #19 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $5,059.88 | $5,059.88 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $4,764.54 | $4,764.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,467.81 | $3,467.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,180.63 | $1,180.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,088.96 | $1,088.96 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $26,575.78 | $26,575.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,188,589 | $1,234,118 | -3.7% |
| Assessed Value | $1,118,089 | $1,153,337 | -3.1% |
| Land Value | $352,500 | $403,906 | -12.7% |
| Improvement Value | $836,089 | $830,212 | +0.7% |
| Taxable Value | $894,471 | $922,670 | -3.1% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$70,500 | — | |
| Total Tax 2026 = estimate |
~$22,464
Estimated
|
~$26,576
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,188,589 | $1,188,589 | +0 (+0.0%) |
| Taxable Value | $894,471 | $894,471 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,188,589 | $352,500 | $836,089 | −$70,500 | $1,118,089 | $894,471 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,234,118 | $403,906 | $830,212 | −$80,781 | $1,153,337 | $922,670 | ~$26,576 | Partial |
| 2024 | $1,449,474 | — | — | −$1,146,974 | $302,500 | $— | $28,202 | Verified |
| 2023 | $1,065,294 | — | — | −$641,794 | $423,500 | $— | $30,732 | Verified |
| 2022 | $— | — | — | — | $423,500 | $— | $25,531 | Verified |
| 2021 | $52,000 | — | — | −$10,400 | $41,600 | $— | $1,200 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2025 | -5.5% | +0.3% | ~100% | Not available | Partial |
| 2024 | -9.9% | -8.5% | 94.2% | 2.1600% | Verified |
| 2023 | +36.1% | +40.0% | 92.7% | 2.1200% | Verified |
| 2022 | +1948.6% ! | +1745.0% | 90.1% | 2.4000% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2273.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.7% | +491.5% | +122.4% | +1948.6% | 2023 | -14.9% | 2025 |
| Assessment Ratio | 94.1% | 65.7% | — | 94.1% | 2026 | 20.9% | 2024 |
| Effective Tax Rate (2025) | 2.1500% | 2.1500% | — | 2.1500% | 2025 | 2.1500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,576 | $21,677 | ~$35,517 | $30,732 | 2023 | $1,200 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,723,924 | ~$1,268,671 | ~2.4429% | ~$30,992 | +120.7% |
| 2027 | ~$6,012,199 | ~$1,395,538 | ~2.3743% | ~$33,135 | +387.2% |
| 2028 | ~$13,270,024 | ~$1,535,092 | ~2.3058% | ~$35,396 | +975.3% |
| 2029 | ~$29,289,370 | ~$1,688,601 | ~2.2372% | ~$37,778 | +2273.3% |
| 2030 | ~$64,646,998 | ~$1,857,461 | ~2.1687% | ~$40,282 | +5138.3% |
| 2026 | ~$2,699,242 | ~$1,268,671 | ~2.5114% | ~$31,862 | +118.7% |
| 2027 | ~$5,903,736 | ~$1,395,538 | ~2.5114% | ~$35,048 | +378.4% |
| 2028 | ~$12,912,550 | ~$1,535,092 | ~2.5114% | ~$38,553 | +946.3% |
| 2029 | ~$28,242,110 | ~$1,688,601 | ~2.5114% | ~$42,408 | +2188.4% |
| 2030 | ~$61,770,663 | ~$1,857,461 | ~2.5114% | ~$46,649 | +4905.2% |
| 2026 | ~$2,748,607 | ~$1,268,671 | ~2.4086% | ~$30,557 | +122.7% |
| 2027 | ~$6,121,650 | ~$1,395,538 | ~2.3058% | ~$32,178 | +396.0% |
| 2028 | ~$13,634,034 | ~$1,535,092 | ~2.2029% | ~$33,817 | +1004.8% |
| 2029 | ~$30,365,488 | ~$1,688,601 | ~2.1001% | ~$35,462 | +2360.5% |
| 2030 | ~$67,629,499 | ~$1,857,461 | ~1.9973% | ~$37,099 | +5380.0% |
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.