1020 TREVI FONTANA DR TX 78641
| Owner | PARAKALA PADMAJA & SITA RAM KUMAR |
|---|---|
| Parcel ID | 0510550622 |
| Short ID | 947347 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,434 SF |
| Land SF | 10,802 SF |
| Acres | 0.248 |
| Year Built | 2021 |
| Legal | LOT 1 BLK F TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $374,294 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $374,294 |
| Improvement | $689,730 |
|---|---|
| Total Improvement | $689,730 |
| Market | $1,064,024 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,064,024 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,064,024 |
| Taxable Value | $1,064,024 |
|---|
Appreciation: Market value has risen +222.0% from $330,466 (2023) to $1,064,024 (2025), a CAGR of 79.4% over 2 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +18.9%, so this parcel has outpaced the broader land/vacant market over the same period.
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 $26,722. Leander ISD is the largest single contributor, at 41.7% of the total 2025 levy.
Asset Class: Land / Vacant. 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 ($374,294 land vs $689,730 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,064,024, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +79.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,793,064 by 2030, with an estimated annual tax burden around $37,163. 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 | 4,434 SF | ✗ |
| 1ST | 1st Floor | 2,940 SF | ✓ |
| 2ND | 2nd Floor | 1,494 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 690 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 475 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1934% 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% | $10,043.22 | $10,043.22 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $4,395.58 | $4,395.58 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $4,362.50 | $4,362.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,199.26 | $3,199.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,089.20 | $1,089.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,004.63 | $1,004.63 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $24,094.39 | $24,094.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $966,754 | $1,064,024 | -9.1% |
| Assessed Value | $966,754 | $1,064,024 | -9.1% |
| Land Value | $272,214 | $374,294 | -27.3% |
| Improvement Value | $694,540 | $689,730 | +0.7% |
| Taxable Value | $773,403 | $1,064,024 | -27.3% |
| Exemptions | HS | H | |
| Total Tax 2026 = estimate |
~$19,424
Estimated
|
~$24,094
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $966,754 | $966,754 | +0 (+0.0%) |
| Taxable Value | $773,403 | $773,403 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $966,754 | $272,214 | $694,540 | — | $966,754 | $773,403 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,064,024 | $374,294 | $689,730 | — | $1,064,024 | $1,064,024 | ~$24,094 | Partial |
| 2024 | $690,377 | — | — | −$346,627 | $343,750 | $— | $24,557 | Verified |
| 2023 | $330,466 | — | — | −$110,466 | $220,000 | $— | $12,216 | Verified |
| 2022 | $— | — | — | — | $275,000 | $— | $8,650 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.1% | -9.1% | ~100% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2024 | +97.0% ! | +97.0% | ~100% | 2.2600% | Verified |
| 2023 | +67.1% | +67.1% | ~100% | 2.2100% | Verified |
| 2022 | +1933.6% ! | +1933.6% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6447.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.1% | +51.3% | +83.0% | +108.9% | 2024 | -9.1% | 2026 |
| Assessment Ratio | 100.0% | 79.1% | — | 100.0% | 2025 | 49.8% | 2024 |
| Effective Tax Rate (2025) | 2.2600% | 2.2600% | — | 2.2600% | 2025 | 2.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,094 | $20,289 | ~$32,766 | $24,557 | 2024 | $12,216 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,909,254 | ~$1,170,426 | ~2.4429% | ~$28,592 | +79.4% |
| 2027 | ~$3,425,911 | ~$1,287,469 | ~2.3743% | ~$30,569 | +222.0% |
| 2028 | ~$6,147,356 | ~$1,416,216 | ~2.3058% | ~$32,655 | +477.7% |
| 2029 | ~$11,030,640 | ~$1,557,838 | ~2.2372% | ~$34,852 | +936.7% |
| 2030 | ~$19,793,064 | ~$1,713,621 | ~2.1687% | ~$37,163 | +1760.2% |
| 2026 | ~$1,887,974 | ~$1,170,426 | ~2.5114% | ~$29,395 | +77.4% |
| 2027 | ~$3,349,966 | ~$1,287,469 | ~2.5114% | ~$32,334 | +214.8% |
| 2028 | ~$5,944,084 | ~$1,416,216 | ~2.5114% | ~$35,568 | +458.6% |
| 2029 | ~$10,547,013 | ~$1,557,838 | ~2.5114% | ~$39,124 | +891.2% |
| 2030 | ~$18,714,317 | ~$1,713,621 | ~2.5114% | ~$43,037 | +1658.8% |
| 2026 | ~$1,930,535 | ~$1,170,426 | ~2.4086% | ~$28,191 | +81.4% |
| 2027 | ~$3,502,707 | ~$1,287,469 | ~2.3058% | ~$29,686 | +229.2% |
| 2028 | ~$6,355,211 | ~$1,416,216 | ~2.2029% | ~$31,198 | +497.3% |
| 2029 | ~$11,530,712 | ~$1,557,838 | ~2.1001% | ~$32,716 | +983.7% |
| 2030 | ~$20,920,993 | ~$1,713,621 | ~1.9973% | ~$34,226 | +1866.2% |
In 2025, this property's market value of $1,064,024 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 13× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $1,064,024 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $690,377 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $330,466 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | base yr |
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.