TRAVISSO PKWY TX 78641
| Owner | BABARIA K BHUPEN K & MEENA B |
|---|---|
| Parcel ID | 0504530701 |
| Short ID | 888319 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 5,346 SF |
| Land SF | 22,968 SF |
| Acres | 0.527 |
| Year Built | 2021 |
| Legal | LOT 81 BLK Q TRAVISSO PHS 2 SEC 2A |
| Neighborhood | T4500 |
| Land | $1,076,611 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,076,611 |
| Improvement | $1,012,071 |
|---|---|
| Total Improvement | $1,012,071 |
| Market | $2,088,682 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,088,682 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,088,682 |
| Exemptions (−) (DP,HS) | −$560,956 |
|---|---|
| Taxable Value | $1,527,726 |
Appreciation: Market value has risen +2577.8% from $78,000 (2021) to $2,088,682 (2025), a CAGR of 127.5% 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. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant market over the same period.
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 $37,833. Leander ISD is the largest single contributor, at 32.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 52% of market value ($1,076,611 land vs $1,012,071 improvements), about $47/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,088,682, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +127.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $127,231,450 by 2030, with an estimated annual tax burden around $71,563. 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 | 5,346 SF | ✗ |
| 1ST | 1st Floor | 2,711 SF | ✓ |
| 2ND | 2nd Floor | 2,635 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 902 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 523 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 392 SF | ✗ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 251 | BATHROOM | 5 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 885% 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% | $10,308.42 | $10,308.42 | Paid |
| U6M Travis County MUD # 21 | 0.3650% | 0.3650% | 0.3650% | 0.3650% | 0.3750% | +0.0100% | $7,832.56 | $7,832.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,741.88 | $5,741.88 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $4,734.69 | $4,734.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,753.52 | $1,753.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,060.23 | $1,060.23 | Paid |
| Combined Rate | 2.7557% | 2.5875% | 2.3949% | 2.4229% | 2.4764% | +0.0536% | $31,431.30 | $31,431.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,983,212 | $2,088,682 | -5.0% |
| Assessed Value | $1,983,212 | $2,088,682 | -5.0% |
| Land Value | $945,835 | $1,076,611 | -12.1% |
| Improvement Value | $1,037,377 | $1,012,071 | +2.5% |
| Taxable Value | $1,441,301 | $1,527,726 | -5.7% |
| Exemptions | DP,HS | DP,HS | |
| Total Tax 2026 = estimate |
~$35,693
Estimated
|
~$31,431
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,265,234 | $1,983,212 | -282,022 (-12.5%) |
| Taxable Value | $1,668,967 | $1,441,301 | -227,666 (-13.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,983,212 | $945,835 | $1,037,377 | — | $1,983,212 | $1,441,301 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,088,682 | $1,076,611 | $1,012,071 | — | $2,088,682 | $1,527,726 | ~$31,431 | Partial |
| 2024 | $1,153,398 | — | — | −$706,523 | $446,875 | $— | $32,609 | Verified |
| 2023 | $768,356 | — | — | −$410,856 | $357,500 | $— | $13,266 | Verified |
| 2022 | $— | — | — | — | $357,500 | $— | $19,257 | Verified |
| 2021 | $78,000 | — | — | — | $78,000 | $— | $2,149 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.5% | +8.5% | ~100% | Not available | Partial |
| 2025 | +4.8% | +5.0% | ~100% | Not available | Partial |
| 2024 | +72.7% | +340.0% | ~100% | 1.6400% | Verified |
| 2023 | +50.1% | -41.2% | 39.2% | 1.1500% | Verified |
| 2022 | +885.1% ! | +885.1% | ~100% | 2.5100% | Verified |
| 2021 | base year | — | ~100% | 2.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2577.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.0% | +252.8% | +129.9% | +885.1% | 2023 | -5.0% | 2026 |
| Assessment Ratio | 100.0% | 77.0% | — | 100.0% | 2021 | 38.7% | 2024 |
| Effective Tax Rate (2025) | 1.5000% | 1.5000% | — | 1.5000% | 2025 | 1.5000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,431 | $19,864 | ~$63,226 | $32,609 | 2024 | $2,149 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,751,347 | ~$2,297,550 | ~2.4066% | ~$55,294 | +127.5% |
| 2027 | ~$10,808,394 | ~$2,527,305 | ~2.3368% | ~$59,059 | +417.5% |
| 2028 | ~$24,587,004 | ~$2,780,036 | ~2.2670% | ~$63,024 | +1077.2% |
| 2029 | ~$55,930,673 | ~$3,058,039 | ~2.1972% | ~$67,192 | +2577.8% |
| 2030 | ~$127,231,450 | ~$3,363,843 | ~2.1274% | ~$71,563 | +5991.5% |
| 2026 | ~$4,709,573 | ~$2,297,550 | ~2.4764% | ~$56,898 | +125.5% |
| 2027 | ~$10,619,176 | ~$2,527,305 | ~2.4764% | ~$62,587 | +408.4% |
| 2028 | ~$23,944,185 | ~$2,780,036 | ~2.4764% | ~$68,846 | +1046.4% |
| 2029 | ~$53,989,501 | ~$3,058,039 | ~2.4764% | ~$75,731 | +2484.9% |
| 2030 | ~$121,735,870 | ~$3,363,843 | ~2.4764% | ~$83,304 | +5728.4% |
| 2026 | ~$4,793,121 | ~$2,297,550 | ~2.3717% | ~$54,492 | +129.5% |
| 2027 | ~$10,999,284 | ~$2,527,305 | ~2.2670% | ~$57,295 | +426.6% |
| 2028 | ~$25,241,226 | ~$2,780,036 | ~2.1623% | ~$60,113 | +1108.5% |
| 2029 | ~$57,923,726 | ~$3,058,039 | ~2.0576% | ~$62,922 | +2673.2% |
| 2030 | ~$132,923,734 | ~$3,363,843 | ~1.9529% | ~$65,692 | +6264.0% |
In 2025, this property's market value of $2,088,682 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 25× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $2,088,682 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,153,398 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $768,356 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $78,000 | $6,000 | $14,480 | $80,000 | ↑ Above median | base yr |
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.