BEL PAESE BEND TX 78641
| Owner | GIRMAY GENNET |
|---|---|
| Parcel ID | 0504550717 |
| Short ID | 932205 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,319 SF |
| Land SF | 9,458 SF |
| Acres | 0.217 |
| Year Built | 2020 |
| Legal | LOT 23 BLK E TRAVISSO PHS 4 SEC 1-3 |
| Neighborhood | T4500 |
| Land | $295,997 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $295,997 |
| Improvement | $399,584 |
|---|---|
| Total Improvement | $399,584 |
| Market | $695,581 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $695,581 |
| Value Limitation Adjustment (−) (homestead cap) | −$59,199 |
| Net Appraised (assessed) | $636,382 |
| Exemptions (−) (HS) | −$127,276 |
|---|---|
| Taxable Value | $509,106 |
Appreciation: Market value has risen +1237.7% from $52,000 (2021) to $695,581 (2025), a CAGR of 91.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→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 $12,786. Leander ISD is the largest single contributor, at 38.4% of the total 2025 levy.
Assessment Gap: Assessed value ($636,382) is $59,199 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 43% of market value ($295,997 land vs $399,584 improvements), about $31/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +91.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,794,188 by 2030, with an estimated annual tax burden around $22,227. 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 | 3,319 SF | ✗ |
| 1ST | 1st Floor | 1,893 SF | ✓ |
| 2ND | 2nd Floor | 1,426 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 428 SF | ✓ |
| 612 | TERRACE UNCOVERD | 388 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 270 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 392% 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% | $5,395.18 | $5,395.18 | Paid |
| U7N Travis County MUD #19 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,851.88 | $2,851.88 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,628.95 | $2,628.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,913.45 | $1,913.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $651.44 | $651.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $600.86 | $600.86 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $14,041.76 | $14,041.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $760,697 | $695,581 | +9.4% |
| Assessed Value | $717,643 | $636,382 | +12.8% |
| Land Value | $215,271 | $295,997 | -27.3% |
| Improvement Value | $545,426 | $399,584 | +36.5% |
| Taxable Value | $574,114 | $509,106 | +12.8% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$43,054 | — | |
| Total Tax 2026 = estimate |
~$14,419
Estimated
|
~$14,042
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $760,697 | $760,697 | +0 (+0.0%) |
| Taxable Value | $574,114 | $574,114 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $760,697 | $215,271 | $545,426 | −$43,054 | $717,643 | $574,114 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $695,581 | $295,997 | $399,584 | −$59,199 | $636,382 | $509,106 | ~$14,042 | Partial |
| 2024 | $786,059 | — | — | −$566,059 | $220,000 | $— | $14,908 | Verified |
| 2023 | $655,643 | — | — | −$435,643 | $220,000 | $— | $16,458 | Verified |
| 2022 | $133,296 | — | — | — | $220,000 ! | $— | $15,939 | Verified |
| 2021 | $52,000 | — | — | — | $52,000 | $— | $3,402 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2025 | -4.0% | +3.9% | ~100% | Not available | Partial |
| 2024 | -7.9% | -8.4% | 92.4% | 2.0600% | Verified |
| 2023 | +19.9% | +21.7% | 93.0% | 2.0900% | Verified |
| 2022 | +391.9% ! | +350.6% | 91.6% | 2.4300% | Verified |
| 2021 | base year | — | ~100% | 6.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +421.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.4% | +113.2% | +88.0% | +391.9% | 2023 | -11.5% | 2025 |
| Assessment Ratio | 94.3% | 85.4% | — | 165.0% | 2022 | 28.0% | 2024 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,042 | $12,950 | ~$19,597 | $16,458 | 2023 | $3,402 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,330,252 | ~$700,020 | ~2.4429% | ~$17,101 | +91.2% |
| 2027 | ~$2,544,016 | ~$770,022 | ~2.3743% | ~$18,283 | +265.7% |
| 2028 | ~$4,865,259 | ~$847,024 | ~2.3058% | ~$19,531 | +599.5% |
| 2029 | ~$9,304,479 | ~$931,727 | ~2.2372% | ~$20,845 | +1237.7% |
| 2030 | ~$17,794,188 | ~$1,024,900 | ~2.1687% | ~$22,227 | +2458.2% |
| 2026 | ~$1,316,340 | ~$700,020 | ~2.5114% | ~$17,581 | +89.2% |
| 2027 | ~$2,491,084 | ~$770,022 | ~2.5114% | ~$19,339 | +258.1% |
| 2028 | ~$4,714,209 | ~$847,024 | ~2.5114% | ~$21,273 | +577.7% |
| 2029 | ~$8,921,322 | ~$931,727 | ~2.5114% | ~$23,400 | +1182.6% |
| 2030 | ~$16,882,998 | ~$1,024,900 | ~2.5114% | ~$25,740 | +2327.2% |
| 2026 | ~$1,344,163 | ~$700,020 | ~2.4086% | ~$16,861 | +93.2% |
| 2027 | ~$2,597,505 | ~$770,022 | ~2.3058% | ~$17,755 | +273.4% |
| 2028 | ~$5,019,502 | ~$847,024 | ~2.2029% | ~$18,659 | +621.6% |
| 2029 | ~$9,699,848 | ~$931,727 | ~2.1001% | ~$19,567 | +1294.5% |
| 2030 | ~$18,744,301 | ~$1,024,900 | ~1.9973% | ~$20,470 | +2594.8% |
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.