MONTORIO WAY TX 78641
| Owner | HUDSON TOMMY LEE & KENYA CHONTEL |
|---|---|
| Parcel ID | 0502550308 |
| Short ID | 932139 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 5,764 SF |
| Land SF | 17,681 SF |
| Acres | 0.406 |
| Year Built | 2021 |
| Legal | LOT 12 BLK G TRAVISSO PHS 4 SEC 1-3 |
| Neighborhood | T4500 |
| Land | $380,614 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $380,614 |
| Improvement | $862,594 |
|---|---|
| Total Improvement | $862,594 |
| Market | $1,243,208 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,243,208 |
| Value Limitation Adjustment (−) (homestead cap) | −$76,123 |
| Net Appraised (assessed) | $1,167,085 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $1,167,085 |
Appreciation: Market value has risen +2073.4% from $57,200 (2021) to $1,243,208 (2025), a CAGR of 115.9% 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.
Assessment Gap: Assessed value ($1,167,085) is $76,123 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 31% of market value ($380,614 land vs $862,594 improvements), about $22/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 +115.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $58,341,623 by 2030, with an estimated annual tax burden around $0. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,764 SF | ✗ |
| 1ST | 1st Floor | 3,594 SF | ✓ |
| 2ND | 2nd Floor | 2,170 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 910 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 628 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1697% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,146,043 | $1,243,208 | -7.8% |
| Assessed Value | $1,090,681 | $1,167,085 | -6.5% |
| Land Value | $276,810 | $380,614 | -27.3% |
| Improvement Value | $869,233 | $862,594 | +0.8% |
| Taxable Value | — | — | — |
| Exemptions | HS | HS | |
| HS Cap Loss | -$55,362 | — | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,146,043 | $1,146,043 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,146,043 | $276,810 | $869,233 | −$55,362 | $1,090,681 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,243,208 | $380,614 | $862,594 | −$76,123 | $1,167,085 | $— | not in county billing file ⓘ | Partial |
| 2024 | $1,276,234 | — | — | −$1,012,234 | $264,000 | $— | not in county billing file ⓘ | Partial |
| 2023 | $1,027,647 | — | — | −$763,647 | $264,000 | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | $264,000 | $— | not in county billing file ⓘ | Partial |
| 2021 | $57,200 | — | — | −$11,440 | $45,760 | $— | $1,320 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2025 | -3.9% | +5.4% | ~100% | Not available | Partial |
| 2024 | +1.3% | +10.1% | 91.2% | No billing data | Verified |
| 2023 | +24.2% | +11.5% | 84.0% | No billing data | Verified |
| 2022 | +1696.6% ! | +1581.2% | 93.6% | No billing data | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2073.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.8% | +427.6% | +119.6% | +1696.6% | 2023 | -7.8% | 2026 |
| Assessment Ratio | 95.2% | 63.1% | — | 95.2% | 2026 | 20.7% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $1,320 | $1,320 | — | $1,320 | 2021 | $1,320 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,684,298 | ~$1,283,794 | ~0.0000% | ~$0 | +115.9% |
| 2027 | ~$5,795,857 | ~$1,412,173 | ~0.0000% | ~$0 | +366.2% |
| 2028 | ~$12,514,244 | ~$1,553,390 | ~0.0000% | ~$0 | +906.6% |
| 2029 | ~$27,020,387 | ~$1,708,729 | ~0.0000% | ~$0 | +2073.4% |
| 2030 | ~$58,341,623 | ~$1,879,602 | ~0.0000% | ~$0 | +4592.8% |
| 2026 | ~$2,659,434 | ~$1,283,794 | ~0.0000% | ~$0 | +113.9% |
| 2027 | ~$5,688,983 | ~$1,412,173 | ~0.0000% | ~$0 | +357.6% |
| 2028 | ~$12,169,704 | ~$1,553,390 | ~0.0000% | ~$0 | +878.9% |
| 2029 | ~$26,033,072 | ~$1,708,729 | ~0.0000% | ~$0 | +1994.0% |
| 2030 | ~$55,689,180 | ~$1,879,602 | ~0.0000% | ~$0 | +4379.5% |
| 2026 | ~$2,709,162 | ~$1,283,794 | ~0.0000% | ~$0 | +117.9% |
| 2027 | ~$5,903,726 | ~$1,412,173 | ~0.0000% | ~$0 | +374.9% |
| 2028 | ~$12,865,227 | ~$1,553,390 | ~0.0000% | ~$0 | +934.8% |
| 2029 | ~$28,035,523 | ~$1,708,729 | ~0.0000% | ~$0 | +2155.1% |
| 2030 | ~$61,094,184 | ~$1,879,602 | ~0.0000% | ~$0 | +4814.2% |