MONTORIO WAY TX 78641
| Owner | PARIKH LATA TARUN & TARUN KUMAR |
|---|---|
| Parcel ID | 0502550418 |
| Short ID | 932162 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,831 SF |
| Land SF | 12,752 SF |
| Acres | 0.293 |
| Year Built | 2021 |
| Legal | LOT 18 BLK I TRAVISSO PHS 4 SEC 1-3 |
| Neighborhood | T4500 |
| Land | $309,393 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $309,393 |
| Improvement | $751,567 |
|---|---|
| Total Improvement | $751,567 |
| Market | $1,060,960 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,060,960 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,060,960 |
| Exemptions (−) (HS,OV65) | −$355,412 |
|---|---|
| Taxable Value | $705,548 |
Appreciation: Market value has risen +1940.3% from $52,000 (2021) to $1,060,960 (2025), a CAGR of 112.5% 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 $17,719. Leander ISD is the largest single contributor, at 31.4% of the total 2025 levy.
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 29% of market value ($309,393 land vs $751,567 improvements), about $24/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 +112.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $46,006,436 by 2030, with an estimated annual tax burden around $37,056. 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 | 4,831 SF | ✗ |
| 1ST | 1st Floor | 3,197 SF | ✓ |
| 2ND | 2nd Floor | 1,634 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 757 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 615 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1645% 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% | $5,024.37 | $5,024.37 | Paid |
| U7N Travis County MUD #19 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $4,349.94 | $4,349.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,651.77 | $2,651.77 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,614.65 | $2,614.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $783.16 | $783.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $596.92 | $596.92 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $16,020.81 | $16,020.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $859,301 | $1,060,960 | -19.0% |
| Assessed Value | $859,301 | $1,060,960 | -19.0% |
| Land Value | $225,013 | $309,393 | -27.3% |
| Improvement Value | $634,288 | $751,567 | -15.6% |
| Taxable Value | $542,172 | $705,548 | -23.2% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$13,616
Estimated
|
~$16,021
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $981,497 | $859,301 | -122,196 (-12.4%) |
| Taxable Value | $641,978 | $542,172 | -99,806 (-15.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $859,301 | $225,013 | $634,288 | — | $859,301 | $542,172 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,060,960 | $309,393 | $751,567 | — | $1,060,960 | $705,548 | ~$16,021 | Partial |
| 2024 | $1,131,745 | — | — | — | — | $— | $16,407 | Verified |
| 2023 | $907,287 | — | — | −$665,287 | $242,000 | $— | $18,467 | Verified |
| 2022 | $— | — | — | — | $242,000 | $— | $20,616 | Verified |
| 2021 | $52,000 | — | — | −$10,400 | $41,600 | $— | $1,200 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2025 | +26.2% | +26.2% | ~100% | Not available | Partial |
| 2024 | -25.7% | -7.4% | ~100% | 1.9500% | Verified |
| 2023 | +24.7% | +7.1% | 80.2% | 1.6300% | Verified |
| 2022 | +1644.8% ! | +1528.4% | 93.3% | 2.2700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1940.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.0% | +411.1% | +122.5% | +1644.8% | 2023 | -19.0% | 2026 |
| Assessment Ratio | 100.0% | 76.7% | — | 100.0% | 2025 | 26.7% | 2023 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,021 | $13,024 | ~$32,672 | $18,467 | 2023 | $1,200 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,254,877 | ~$1,167,056 | ~2.4429% | ~$28,510 | +112.5% |
| 2027 | ~$4,792,331 | ~$1,283,762 | ~2.3743% | ~$30,481 | +351.7% |
| 2028 | ~$10,185,228 | ~$1,412,138 | ~2.3058% | ~$32,561 | +860.0% |
| 2029 | ~$21,646,848 | ~$1,553,352 | ~2.2372% | ~$34,752 | +1940.3% |
| 2030 | ~$46,006,436 | ~$1,708,687 | ~2.1687% | ~$37,056 | +4236.3% |
| 2026 | ~$2,233,658 | ~$1,167,056 | ~2.5114% | ~$29,310 | +110.5% |
| 2027 | ~$4,702,561 | ~$1,283,762 | ~2.5114% | ~$32,241 | +343.2% |
| 2028 | ~$9,900,386 | ~$1,412,138 | ~2.5114% | ~$35,465 | +833.2% |
| 2029 | ~$20,843,460 | ~$1,553,352 | ~2.5114% | ~$39,012 | +1864.6% |
| 2030 | ~$43,882,111 | ~$1,708,687 | ~2.5114% | ~$42,913 | +4036.1% |
| 2026 | ~$2,276,097 | ~$1,167,056 | ~2.4086% | ~$28,110 | +114.5% |
| 2027 | ~$4,882,951 | ~$1,283,762 | ~2.3058% | ~$29,601 | +360.2% |
| 2028 | ~$10,475,482 | ~$1,412,138 | ~2.2029% | ~$31,109 | +887.4% |
| 2029 | ~$22,473,241 | ~$1,553,352 | ~2.1001% | ~$32,622 | +2018.2% |
| 2030 | ~$48,212,247 | ~$1,708,687 | ~1.9973% | ~$34,127 | +4444.2% |
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.