APOLLONIA WAY 78641
| Owner | PRASLA NOORDIN & VALIBHAI PARASALA |
|---|---|
| Parcel ID | 0508551179 |
| Short ID | 939935 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,542 SF |
| Land SF | 7,800 SF |
| Acres | 0.179 |
| Year Built | 2021 |
| Legal | LOT 5 BLK S TRAVISSO PHS 3 SEC 7 |
| Neighborhood | T4500 |
| Land | $364,695 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $364,695 |
| Improvement | $525,635 |
|---|---|
| Total Improvement | $525,635 |
| Market | $890,330 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $890,330 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $890,330 |
| Taxable Value | $890,330 |
|---|
Appreciation: Market value has risen +94.3% from $458,273 (2023) to $890,330 (2025), a CAGR of 39.4% 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 $22,360. Leander ISD is the largest single contributor, at 43.3% 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 41% of market value ($364,695 land vs $525,635 improvements), about $47/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 +39.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,684,010 by 2030, with an estimated annual tax burden around $31,096. 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 | 3,542 SF | ✗ |
| 1ST | 1st Floor | 2,128 SF | ✓ |
| 2ND | 2nd Floor | 1,414 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 788 SF | ✓ |
| 512 | DECK UNCOVRED | 504 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 179 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 781% 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% | $9,677.00 | $9,677.00 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,715.19 | $3,715.19 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,650.35 | $3,650.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,346.26 | $3,346.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,050.79 | $1,050.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $920.60 | $920.60 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $22,360.19 | $22,360.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $731,404 | $890,330 | -17.9% |
| Assessed Value | $731,404 | $890,330 | -17.9% |
| Land Value | $233,405 | $364,695 | -36.0% |
| Improvement Value | $497,999 | $525,635 | -5.3% |
| Taxable Value | $731,404 | $890,330 | -17.9% |
| Total Tax 2026 = estimate |
~$18,369
Estimated
|
~$22,360
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $835,413 | $731,404 | -104,009 (-12.5%) |
| Taxable Value | $835,413 | $731,404 | -104,009 (-12.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $731,404 | $233,405 | $497,999 | — | $731,404 | $731,404 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $890,330 | $364,695 | $525,635 | — | $890,330 | $890,330 | ~$22,360 | Partial |
| 2024 | $1,026,067 | — | — | −$682,317 | $343,750 | $— | $23,244 | Verified |
| 2023 | $458,273 | — | — | −$18,273 | $440,000 | $— | $24,881 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $11,996 | Verified |
| 2021 | $— | — | — | — | $52,000 | $— | $1,449 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2025 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2024 | -13.2% | -13.2% | ~100% | 2.4500% | Verified |
| 2023 | +138.2% ! | +138.2% | ~100% | 2.2800% | Verified |
| 2022 | +781.3% ! | +781.3% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1612.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.9% | +30.9% | +45.4% | +123.9% | 2024 | -17.9% | 2026 |
| Assessment Ratio | 100.0% | 82.4% | — | 100.0% | 2025 | 33.5% | 2024 |
| Effective Tax Rate (2025) | 2.5100% | 2.5100% | — | 2.5100% | 2025 | 2.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,360 | $23,495 | ~$27,417 | $24,881 | 2023 | $22,360 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,240,979 | ~$979,363 | ~2.4429% | ~$23,925 | +39.4% |
| 2027 | ~$1,729,728 | ~$1,077,299 | ~2.3743% | ~$25,579 | +94.3% |
| 2028 | ~$2,410,966 | ~$1,185,029 | ~2.3058% | ~$27,324 | +170.8% |
| 2029 | ~$3,360,504 | ~$1,303,532 | ~2.2372% | ~$29,163 | +277.4% |
| 2030 | ~$4,684,010 | ~$1,433,885 | ~2.1687% | ~$31,096 | +426.1% |
| 2026 | ~$1,223,172 | ~$979,363 | ~2.5114% | ~$24,596 | +37.4% |
| 2027 | ~$1,680,445 | ~$1,077,299 | ~2.5114% | ~$27,056 | +88.7% |
| 2028 | ~$2,308,665 | ~$1,185,029 | ~2.5114% | ~$29,761 | +159.3% |
| 2029 | ~$3,171,739 | ~$1,303,532 | ~2.5114% | ~$32,738 | +256.2% |
| 2030 | ~$4,357,466 | ~$1,433,885 | ~2.5114% | ~$36,011 | +389.4% |
| 2026 | ~$1,258,785 | ~$979,363 | ~2.4086% | ~$23,589 | +41.4% |
| 2027 | ~$1,779,723 | ~$1,077,299 | ~2.3058% | ~$24,840 | +99.9% |
| 2028 | ~$2,516,246 | ~$1,185,029 | ~2.2029% | ~$26,106 | +182.6% |
| 2029 | ~$3,557,573 | ~$1,303,532 | ~2.1001% | ~$27,376 | +299.6% |
| 2030 | ~$5,029,844 | ~$1,433,885 | ~1.9973% | ~$28,639 | +464.9% |
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.