PORT GENOVA CT 78641
| Owner | SHAH KALP PANKAJKUMAR & CHITRANGANA M |
|---|---|
| Parcel ID | 0508551158 |
| Short ID | 939914 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,527 SF |
| Land SF | 9,607 SF |
| Acres | 0.221 |
| Year Built | 2021 |
| Legal | LOT 14 BLK T TRAVISSO PHS 3 SEC 7 |
| Neighborhood | T4500 |
| Land | $370,473 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $370,473 |
| Improvement | $698,958 |
|---|---|
| Total Improvement | $698,958 |
| Market | $1,069,431 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,069,431 |
| Value Limitation Adjustment (−) (homestead cap) | −$335,421 |
| Net Appraised (assessed) | $734,010 |
| Exemptions (−) (HS) | −$146,802 |
|---|---|
| Taxable Value | $587,208 |
Appreciation: Market value has risen +183.4% from $377,298 (2023) to $1,069,431 (2025), a CAGR of 68.4% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $14,747. Leander ISD is the largest single contributor, at 40.0% of the total 2025 levy.
Assessment Gap: Assessed value ($734,010) is $335,421 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 35% of market value ($370,473 land vs $698,958 improvements), about $39/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 +68.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,465,166 by 2030, with an estimated annual tax burden around $25,636. 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 | 4,526 SF | ✗ |
| 1ST | 1st Floor | 2,970 SF | ✓ |
| 2ND | 2nd Floor | 1,557 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 693 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 175 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 626% 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% | $6,456.29 | $6,456.29 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,032.26 | $3,032.26 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,009.44 | $3,009.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,206.99 | $2,206.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $751.38 | $751.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $693.04 | $693.04 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $16,149.40 | $16,149.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $941,661 | $1,069,431 | -11.9% |
| Assessed Value | $807,411 | $734,010 | +10.0% |
| Land Value | $237,103 | $370,473 | -36.0% |
| Improvement Value | $704,558 | $698,958 | +0.8% |
| Taxable Value | $645,929 | $587,208 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$134,250 | — | |
| Total Tax 2026 = estimate |
~$16,222
Estimated
|
~$16,149
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $941,661 | $941,661 | +0 (+0.0%) |
| Taxable Value | $645,929 | $645,929 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $941,661 | $237,103 | $704,558 | −$134,250 | $807,411 | $645,929 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,069,431 | $370,473 | $698,958 | −$335,421 | $734,010 | $587,208 | ~$16,149 | Partial |
| 2024 | $1,035,774 | — | — | −$692,024 | $343,750 | $— | $14,642 | Verified |
| 2023 | $377,298 | — | — | −$102,298 | $275,000 | $— | $13,078 | Verified |
| 2022 | $— | — | — | — | $275,000 | $— | $9,764 | Verified |
| 2021 | $— | — | — | — | $52,000 | $— | $1,449 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.9% | +10.0% | 85.7% | Not available | Partial |
| 2025 | -4.9% | +10.0% | 68.6% | Not available | Partial |
| 2024 | +8.6% | +10.0% | 59.3% | 1.3000% | Verified |
| 2023 | +174.5% ! | +60.8% | 58.6% | 1.2600% | Verified |
| 2022 | +625.6% ! | +625.6% | ~100% | 2.5900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1956.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.9% | +55.3% | +72.9% | +174.5% | 2024 | -11.9% | 2026 |
| Assessment Ratio | 85.7% | 65.1% | — | 85.7% | 2026 | 33.2% | 2024 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,149 | $14,623 | ~$22,604 | $16,149 | 2025 | $13,078 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,800,474 | ~$807,411 | ~2.4429% | ~$19,724 | +68.4% |
| 2027 | ~$3,031,245 | ~$888,152 | ~2.3743% | ~$21,088 | +183.4% |
| 2028 | ~$5,103,348 | ~$976,967 | ~2.3058% | ~$22,527 | +377.2% |
| 2029 | ~$8,591,902 | ~$1,074,664 | ~2.2372% | ~$24,043 | +703.4% |
| 2030 | ~$14,465,166 | ~$1,182,130 | ~2.1687% | ~$25,636 | +1252.6% |
| 2026 | ~$1,779,086 | ~$807,411 | ~2.5114% | ~$20,278 | +66.4% |
| 2027 | ~$2,959,654 | ~$888,152 | ~2.5114% | ~$22,305 | +176.8% |
| 2028 | ~$4,923,625 | ~$976,967 | ~2.5114% | ~$24,536 | +360.4% |
| 2029 | ~$8,190,851 | ~$1,074,664 | ~2.5114% | ~$26,990 | +665.9% |
| 2030 | ~$13,626,149 | ~$1,182,130 | ~2.5114% | ~$29,689 | +1174.1% |
| 2026 | ~$1,821,863 | ~$807,411 | ~2.4086% | ~$19,447 | +70.4% |
| 2027 | ~$3,103,692 | ~$888,152 | ~2.3058% | ~$20,479 | +190.2% |
| 2028 | ~$5,287,392 | ~$976,967 | ~2.2029% | ~$21,522 | +394.4% |
| 2029 | ~$9,007,502 | ~$1,074,664 | ~2.1001% | ~$22,569 | +742.3% |
| 2030 | ~$15,345,014 | ~$1,182,130 | ~1.9973% | ~$23,610 | +1334.9% |
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.