2220 NORMANDY VIEW TX 78641
| Owner | FRIERSON HOIT & HEATHER |
|---|---|
| Parcel ID | 0504500619 |
| Short ID | 899154 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,812 SF |
| Land SF | 22,882 SF |
| Acres | 0.525 |
| Year Built | 2021 |
| Legal | LOT 31 BLK F TRAVISSO PHS 2 SECS 2F, 2G, & 2H |
| Neighborhood | T4500 |
| Land | $565,161 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $565,161 |
| Improvement | $704,814 |
|---|---|
| Total Improvement | $704,814 |
| Market | $1,269,975 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,269,975 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,269,975 |
| Exemptions (−) (HS) | −$253,995 |
|---|---|
| Taxable Value | $1,015,980 |
Appreciation: Market value has risen +1935.2% from $62,400 (2021) to $1,269,975 (2025), a CAGR of 112.4% 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 2.4764% in 2025 (+0.0536% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $25,160. Leander ISD is the largest single contributor, at 42.9% 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 45% of market value ($565,161 land vs $704,814 improvements), about $25/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 +112.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $54,898,237 by 2030, with an estimated annual tax burden around $43,512. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,812 SF | ✗ |
| 1ST | 1st Floor | 2,895 SF | ✓ |
| RSBLW | Residence Below | 1,917 SF | ✓ |
| 512 | DECK UNCOVRED | 786 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 748 SF | ✓ |
| 513 | DECK COVERED | 597 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
Market value changed by 890% 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% | $12,281.70 | $12,281.70 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $5,246.38 | $5,246.38 | Paid |
| U6M Travis County MUD # 21 | 0.3650% | 0.3650% | 0.3650% | 0.3650% | 0.3750% | +0.0100% | $4,762.41 | $4,762.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,818.51 | $3,818.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,300.02 | $1,300.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,199.09 | $1,199.09 | Paid |
| Combined Rate | 2.7557% | 2.5875% | 2.3949% | 2.4229% | 2.4764% | +0.0536% | $28,608.11 | $28,608.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,377,990 | $1,269,975 | +8.5% |
| Assessed Value | $1,377,990 | $1,269,975 | +8.5% |
| Land Value | $745,939 | $565,161 | +32.0% |
| Improvement Value | $632,051 | $704,814 | -10.3% |
| Taxable Value | $1,102,392 | $1,015,980 | +8.5% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$27,300
Estimated
|
~$28,608
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,611,684 | $1,377,990 | -233,694 (-14.5%) |
| Taxable Value | $1,117,578 | $1,102,392 | -15,186 (-1.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,377,990 | $745,939 | $632,051 | — | $1,377,990 | $1,102,392 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,269,975 | $565,161 | $704,814 | — | $1,269,975 | $1,015,980 | ~$28,608 | Partial |
| 2024 | $1,468,195 | — | — | −$1,021,320 | $446,875 | $— | $29,510 | Verified |
| 2023 | $843,912 | — | — | −$200,412 | $643,500 | $— | $32,788 | Verified |
| 2022 | $— | — | — | — | $286,000 | $— | $20,248 | Verified |
| 2021 | $62,400 | — | — | — | $62,400 | $— | $1,776 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.9% | +10.0% | 86.7% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | -10.5% | -10.5% | ~100% | 2.2400% | Verified |
| 2023 | +90.1% ! | +90.1% | ~100% | 2.2300% | Verified |
| 2022 | +890.3% ! | +890.3% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | 2.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1528.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.5% | +330.4% | +109.1% | +1252.4% | 2023 | -13.5% | 2025 |
| Assessment Ratio | 100.0% | 81.3% | — | 100.0% | 2021 | 30.4% | 2024 |
| Effective Tax Rate (2025) | 2.2500% | 2.2500% | — | 2.2500% | 2025 | 2.2500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$28,608 | $23,170 | ~$38,443 | $32,788 | 2023 | $1,776 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,697,415 | ~$1,396,972 | ~2.4066% | ~$33,620 | +112.4% |
| 2027 | ~$5,729,285 | ~$1,536,670 | ~2.3368% | ~$35,909 | +351.1% |
| 2028 | ~$12,168,950 | ~$1,690,337 | ~2.2670% | ~$38,320 | +858.2% |
| 2029 | ~$25,846,739 | ~$1,859,370 | ~2.1972% | ~$40,854 | +1935.2% |
| 2030 | ~$54,898,237 | ~$2,045,307 | ~2.1274% | ~$43,512 | +4222.8% |
| 2026 | ~$2,672,016 | ~$1,396,972 | ~2.4764% | ~$34,595 | +110.4% |
| 2027 | ~$5,621,897 | ~$1,536,670 | ~2.4764% | ~$38,055 | +342.7% |
| 2028 | ~$11,828,420 | ~$1,690,337 | ~2.4764% | ~$41,860 | +831.4% |
| 2029 | ~$24,886,887 | ~$1,859,370 | ~2.4764% | ~$46,046 | +1859.6% |
| 2030 | ~$52,361,783 | ~$2,045,307 | ~2.4764% | ~$50,651 | +4023.1% |
| 2026 | ~$2,722,815 | ~$1,396,972 | ~2.3717% | ~$33,133 | +114.4% |
| 2027 | ~$5,837,690 | ~$1,536,670 | ~2.2670% | ~$34,837 | +359.7% |
| 2028 | ~$12,515,954 | ~$1,690,337 | ~2.1623% | ~$36,550 | +885.5% |
| 2029 | ~$26,834,092 | ~$1,859,370 | ~2.0576% | ~$38,259 | +2013.0% |
| 2030 | ~$57,532,047 | ~$2,045,307 | ~1.9529% | ~$39,943 | +4430.2% |
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.