SORVINO WALK TX 78641
| Owner | GOPALAKRISHNAN RAMAKRISHNA YADAV & PRASHANTHI ANANTHAPADMANABHAN SRIDH |
|---|---|
| Parcel ID | 0504550233 |
| Short ID | 913526 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,579 SF |
| Land SF | 10,937 SF |
| Acres | 0.251 |
| Year Built | 2021 |
| Legal | LOT 2 BLK A TRAVISSO PHS 3 SEC 1 & 3 |
| Neighborhood | T4500 |
| Land | $299,781 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $299,781 |
| Improvement | $353,099 |
|---|---|
| Total Improvement | $353,099 |
| Market | $652,880 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $652,880 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $652,880 |
| Exemptions (−) (HS) | −$130,576 |
|---|---|
| Taxable Value | $522,304 |
Appreciation: Market value has risen +1155.5% from $52,000 (2021) to $652,880 (2025), a CAGR of 88.2% 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 $12,935. Leander ISD is the largest single contributor, at 39.9% 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 46% of market value ($299,781 land vs $353,099 improvements), about $27/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Forward Outlook: Holding the +88.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,430,176 by 2030, with an estimated annual tax burden around $22,369. 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 | 3,579 SF | ✗ |
| 1ST | 1st Floor | 2,566 SF | ✓ |
| 2ND | 2nd Floor | 1,013 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 738 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 339 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 945% 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% | $5,574.49 | $5,574.49 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,697.11 | $2,697.11 | Paid |
| U6M Travis County MUD # 21 | 0.3650% | 0.3650% | 0.3650% | 0.3650% | 0.3750% | +0.0100% | $2,448.30 | $2,448.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,963.05 | $1,963.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $668.33 | $668.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $616.44 | $616.44 | Paid |
| Combined Rate | 2.7557% | 2.5875% | 2.3949% | 2.4229% | 2.4764% | +0.0536% | $13,967.72 | $13,967.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $751,318 | $652,880 | +15.1% |
| Assessed Value | $718,168 | $652,880 | +10.0% |
| Land Value | $218,022 | $299,781 | -27.3% |
| Improvement Value | $533,296 | $353,099 | +51.0% |
| Taxable Value | $574,534 | $522,304 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$33,150 | — | |
| Total Tax 2026 = estimate |
~$14,228
Estimated
|
~$13,968
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $873,930 | $751,318 | -122,612 (-14.0%) |
| Taxable Value | $574,534 | $574,534 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $751,318 | $218,022 | $533,296 | −$33,150 | $718,168 | $574,534 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $652,880 | $299,781 | $353,099 | — | $652,880 | $522,304 | ~$13,968 | Partial |
| 2024 | $737,293 | — | — | −$462,293 | $275,000 | $— | $14,834 | Verified |
| 2023 | $625,068 | — | — | −$350,068 | $275,000 | $— | $16,148 | Verified |
| 2022 | $— | — | — | — | $275,000 | $— | $15,423 | Verified |
| 2021 | $52,000 | — | — | — | $52,000 | $— | $1,480 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.9% | +10.0% | 82.2% | Not available | Partial |
| 2025 | -14.1% | -14.1% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | 1.9500% | Verified |
| 2023 | +8.6% | +8.6% | ~100% | 2.1900% | Verified |
| 2022 | +944.6% ! | +944.6% | ~100% | 2.2700% | Verified |
| 2021 | base year | — | ~100% | 2.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +904.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.1% | +280.9% | +83.3% | +1102.1% | 2023 | -11.4% | 2025 |
| Assessment Ratio | 95.6% | 75.4% | — | 100.0% | 2021 | 37.3% | 2024 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,968 | $11,608 | ~$19,763 | $16,148 | 2023 | $1,480 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,228,969 | ~$718,168 | ~2.4066% | ~$17,284 | +88.2% |
| 2027 | ~$2,313,387 | ~$789,985 | ~2.3368% | ~$18,461 | +254.3% |
| 2028 | ~$4,354,676 | ~$868,983 | ~2.2670% | ~$19,700 | +567.0% |
| 2029 | ~$8,197,160 | ~$955,882 | ~2.1972% | ~$21,003 | +1155.5% |
| 2030 | ~$15,430,176 | ~$1,051,470 | ~2.1274% | ~$22,369 | +2263.4% |
| 2026 | ~$1,215,911 | ~$718,168 | ~2.4764% | ~$17,785 | +86.2% |
| 2027 | ~$2,264,490 | ~$789,985 | ~2.4764% | ~$19,564 | +246.8% |
| 2028 | ~$4,217,343 | ~$868,983 | ~2.4764% | ~$21,520 | +546.0% |
| 2029 | ~$7,854,298 | ~$955,882 | ~2.4764% | ~$23,672 | +1103.0% |
| 2030 | ~$14,627,695 | ~$1,051,470 | ~2.4764% | ~$26,039 | +2140.5% |
| 2026 | ~$1,242,026 | ~$718,168 | ~2.3717% | ~$17,033 | +90.2% |
| 2027 | ~$2,362,807 | ~$789,985 | ~2.2670% | ~$17,909 | +261.9% |
| 2028 | ~$4,494,960 | ~$868,983 | ~2.1623% | ~$18,790 | +588.5% |
| 2029 | ~$8,551,125 | ~$955,882 | ~2.0576% | ~$19,668 | +1209.8% |
| 2030 | ~$16,267,497 | ~$1,051,470 | ~1.9529% | ~$20,534 | +2391.7% |
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.