4920 NOVARA TRL 78641
| Owner | VENKATA RUTHVICK KUMAR REDDY |
|---|---|
| Parcel ID | 0504580222 |
| Short ID | 978706 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,030 SF |
| Land SF | 11,918 SF |
| Acres | 0.274 |
| Year Built | 2024 |
| Legal | TRAVISSO PHS 4 SEC 6B BLK CC LOT 17 |
| Neighborhood | T4500 |
| Land | $302,290 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $302,290 |
| Improvement | $634,720 |
|---|---|
| Total Improvement | $634,720 |
| Market | $937,010 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $937,010 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $937,010 |
| Taxable Value | $937,010 |
|---|
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 $23,533. Leander ISD is the largest single contributor, at 40.6% 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 32% of market value ($302,290 land vs $634,720 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
No delinquent taxes on record.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,768 SF | ✗ |
| 1ST | 1st Floor | 2,451 SF | ✓ |
| 2ND | 2nd Floor | 1,579 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 347 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 266 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 326% in 2025, 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% | $8,662.70 | $8,662.70 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,883.49 | $3,883.49 | Paid |
| U7N Travis County MUD #19 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,841.74 | $3,841.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,044.59 | $3,044.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $962.31 | $962.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $956.06 | $956.06 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $21,350.89 | $21,350.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $767,116 | $937,010 | -18.1% |
| Assessed Value | $698,192 | $937,010 | -25.5% |
| Land Value | $219,847 | $302,290 | -27.3% |
| Improvement Value | $547,269 | $634,720 | -13.8% |
| Taxable Value | $558,554 | $937,010 | -40.4% |
| Exemptions | HS | H | |
| HS Cap Loss | -$68,924 | — | |
| Total Tax 2026 = estimate |
~$14,028
Estimated
|
~$21,351
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $876,203 | $767,116 | -109,087 (-12.4%) |
| Taxable Value | $558,554 | $558,554 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $767,116 | $219,847 | $547,269 | −$68,924 | $698,192 | $558,554 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $937,010 | $302,290 | $634,720 | — | $937,010 | $937,010 | ~$21,351 | Partial |
| 2024 | $— | — | — | — | $220,000 | $— | $5,396 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.5% | -25.5% | 79.7% | Not available | Partial |
| 2025 | +325.9% ! | +325.9% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +325.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.1% | -18.1% | — | -18.1% | 2026 | -18.1% | 2026 |
| Assessment Ratio | 91.0% | 95.5% | — | 100.0% | 2025 | 91.0% | 2026 |
| Effective Tax Rate (2025) | 2.2800% | 2.2800% | — | 2.2800% | 2025 | 2.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,351 | $21,351 | — | $21,351 | 2025 | $21,351 | 2025 |
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.