2224 SAN POLO PL TX 78641
| Owner | REDDY SREEDHAR & PRIYA REDDY |
|---|---|
| Parcel ID | 0502550315 |
| Short ID | 932146 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 6,641 SF |
| Land SF | 20,842 SF |
| Acres | 0.478 |
| Year Built | 2021 |
| Legal | LOT 19 BLK G TRAVISSO PHS 4 SEC 1-3 |
| Neighborhood | T4500 |
| Land | $424,078 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $424,078 |
| Improvement | $925,922 |
|---|---|
| Total Improvement | $925,922 |
| Market | $1,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,350,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,041 |
| Net Appraised (assessed) | $1,346,959 |
| Exemptions (−) (HS) | −$269,392 |
|---|---|
| Taxable Value | $1,077,567 |
Appreciation: Market value has risen +1630.8% from $78,000 (2021) to $1,350,000 (2025), a CAGR of 104.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump.
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 $27,063. Leander ISD is the largest single contributor, at 42.4% of the total 2025 levy.
Assessment Gap: Assessed value ($1,346,959) is $3,041 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 ($424,078 land vs $925,922 improvements), about $20/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 +104.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $47,657,661 by 2030, with an estimated annual tax burden around $47,045. 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 | 6,641 SF | ✗ |
| 1ST | 1st Floor | 4,064 SF | ✓ |
| 2ND | 2nd Floor | 2,577 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 1,080 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 1,058 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 182% 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% | $13,118.44 | $13,118.44 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $5,564.41 | $5,564.41 | Paid |
| U7N Travis County MUD #19 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $5,522.53 | $5,522.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,049.98 | $4,049.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,378.83 | $1,378.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,271.78 | $1,271.78 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $30,905.97 | $30,905.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,151,862 | $1,350,000 | -14.7% |
| Assessed Value | $1,151,862 | $1,346,959 | -14.5% |
| Land Value | $323,368 | $424,078 | -23.7% |
| Improvement Value | $828,494 | $925,922 | -10.5% |
| Taxable Value | $921,490 | $1,077,567 | -14.5% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$23,143
Estimated
|
~$30,906
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,315,662 | $1,151,862 | -163,800 (-12.5%) |
| Taxable Value | $1,052,530 | $921,490 | -131,040 (-12.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,151,862 | $323,368 | $828,494 | — | $1,151,862 | $921,490 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,350,000 | $424,078 | $925,922 | −$3,041 | $1,346,959 | $1,077,567 | ~$30,906 | Partial |
| 2024 | $1,348,000 | — | — | −$990,500 | $357,500 | $— | $27,778 | Verified |
| 2023 | $1,011,990 | — | — | −$654,490 | $357,500 | $— | $24,925 | Verified |
| 2022 | $359,073 | — | — | −$1,573 | $357,500 | $— | $25,592 | Verified |
| 2021 | $78,000 | — | — | — | $78,000 | $— | $10,003 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.5% | -2.3% | ~100% | Not available | Partial |
| 2025 | +8.0% | +10.0% | ~100% | Not available | Partial |
| 2024 | -7.3% | +10.0% | 98.0% | 2.2200% | Verified |
| 2023 | +33.2% | +10.0% | 82.6% | 1.8500% | Verified |
| 2022 | +181.8% ! | +181.8% | ~100% | 2.5300% | Verified |
| 2021 | base year | — | ~100% | 12.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +276.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.7% | +112.1% | +111.0% | +360.3% | 2022 | -14.7% | 2026 |
| Assessment Ratio | 100.0% | 76.9% | — | 100.0% | 2021 | 26.5% | 2024 |
| Effective Tax Rate (2025) | 2.2900% | 2.2900% | — | 2.2900% | 2025 | 2.2900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,906 | $23,841 | ~$41,479 | $30,906 | 2025 | $10,003 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,753,554 | ~$1,481,655 | ~2.4429% | ~$36,195 | +104.0% |
| 2027 | ~$5,616,339 | ~$1,629,820 | ~2.3743% | ~$38,697 | +316.0% |
| 2028 | ~$11,455,476 | ~$1,792,802 | ~2.3058% | ~$41,338 | +748.6% |
| 2029 | ~$23,365,385 | ~$1,972,083 | ~2.2372% | ~$44,120 | +1630.8% |
| 2030 | ~$47,657,661 | ~$2,169,291 | ~2.1687% | ~$47,045 | +3430.2% |
| 2026 | ~$2,726,554 | ~$1,481,655 | ~2.5114% | ~$37,211 | +102.0% |
| 2027 | ~$5,506,737 | ~$1,629,820 | ~2.5114% | ~$40,932 | +307.9% |
| 2028 | ~$11,121,789 | ~$1,792,802 | ~2.5114% | ~$45,025 | +723.8% |
| 2029 | ~$22,462,338 | ~$1,972,083 | ~2.5114% | ~$49,528 | +1563.9% |
| 2030 | ~$45,366,498 | ~$2,169,291 | ~2.5114% | ~$54,481 | +3260.5% |
| 2026 | ~$2,780,554 | ~$1,481,655 | ~2.4086% | ~$35,687 | +106.0% |
| 2027 | ~$5,727,022 | ~$1,629,820 | ~2.3058% | ~$37,580 | +324.2% |
| 2028 | ~$11,795,772 | ~$1,792,802 | ~2.2029% | ~$39,494 | +773.8% |
| 2029 | ~$24,295,390 | ~$1,972,083 | ~2.1001% | ~$41,416 | +1699.7% |
| 2030 | ~$50,040,473 | ~$2,169,291 | ~1.9973% | ~$43,327 | +3606.7% |
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.