1004 TREVI FONTANA DR TX 78641
| Owner | NEKKANTI RAJIV K & SRUJANA C |
|---|---|
| Parcel ID | 0510550626 |
| Short ID | 947351 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,469 SF |
| Land SF | 12,327 SF |
| Acres | 0.283 |
| Year Built | 2021 |
| Legal | LOT 5 BLK F TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $381,872 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $381,872 |
| Improvement | $696,470 |
|---|---|
| Total Improvement | $696,470 |
| Market | $1,078,342 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,078,342 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,078,342 |
| Exemptions (−) (HS) | −$215,668 |
|---|---|
| Taxable Value | $862,674 |
Appreciation: Market value has risen +274.9% from $287,614 (2023) to $1,078,342 (2025), a CAGR of 93.6% 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. 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 $21,666. 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 ($381,872 land vs $696,470 improvements), about $31/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,078,342, 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 +93.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $29,350,991 by 2030, with an estimated annual tax burden around $37,663. 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 | 4,469 SF | ✗ |
| 1ST | 1st Floor | 3,026 SF | ✓ |
| 2ND | 2nd Floor | 1,443 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 688 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 490 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1670% 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% | $10,198.84 | $10,198.84 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $4,454.73 | $4,454.73 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $4,421.20 | $4,421.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,242.32 | $3,242.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,103.86 | $1,103.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,018.15 | $1,018.15 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $24,439.10 | $24,439.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $977,615 | $1,078,342 | -9.3% |
| Assessed Value | $977,615 | $1,078,342 | -9.3% |
| Land Value | $277,725 | $381,872 | -27.3% |
| Improvement Value | $699,890 | $696,470 | +0.5% |
| Taxable Value | $782,092 | $862,674 | -9.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$19,642
Estimated
|
~$24,439
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $977,615 | $977,615 | +0 (+0.0%) |
| Taxable Value | $782,092 | $782,092 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $977,615 | $277,725 | $699,890 | — | $977,615 | $782,092 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,078,342 | $381,872 | $696,470 | — | $1,078,342 | $862,674 | ~$24,439 | Partial |
| 2024 | $779,304 | — | — | −$401,179 | $378,125 | $— | $25,997 | Verified |
| 2023 | $287,614 | — | — | — | $302,500 ! | $— | $17,268 | Verified |
| 2022 | $— | — | — | — | $287,614 | $— | $7,528 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.3% | -9.3% | ~100% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | +47.4% | +47.4% | ~100% | 2.2600% | Verified |
| 2023 | +171.0% ! | +171.0% | ~100% | 2.2200% | Verified |
| 2022 | +1669.9% ! | +1669.9% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6536.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.3% | +66.7% | +97.6% | +171.0% | 2024 | -9.3% | 2026 |
| Assessment Ratio | 100.0% | 88.4% | — | 105.2% | 2023 | 48.5% | 2024 |
| Effective Tax Rate (2025) | 2.2700% | 2.2700% | — | 2.2700% | 2025 | 2.2700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,439 | $22,568 | ~$33,207 | $25,997 | 2024 | $17,268 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,087,997 | ~$1,186,176 | ~2.4429% | ~$28,977 | +93.6% |
| 2027 | ~$4,042,993 | ~$1,304,794 | ~2.3743% | ~$30,980 | +274.9% |
| 2028 | ~$7,828,459 | ~$1,435,273 | ~2.3058% | ~$33,094 | +626.0% |
| 2029 | ~$15,158,266 | ~$1,578,801 | ~2.2372% | ~$35,321 | +1305.7% |
| 2030 | ~$29,350,991 | ~$1,736,681 | ~2.1687% | ~$37,663 | +2621.9% |
| 2026 | ~$2,066,430 | ~$1,186,176 | ~2.5114% | ~$29,790 | +91.6% |
| 2027 | ~$3,959,905 | ~$1,304,794 | ~2.5114% | ~$32,769 | +267.2% |
| 2028 | ~$7,588,376 | ~$1,435,273 | ~2.5114% | ~$36,046 | +603.7% |
| 2029 | ~$14,541,626 | ~$1,578,801 | ~2.5114% | ~$39,651 | +1248.5% |
| 2030 | ~$27,866,156 | ~$1,736,681 | ~2.5114% | ~$43,616 | +2484.2% |
| 2026 | ~$2,109,563 | ~$1,186,176 | ~2.4086% | ~$28,570 | +95.6% |
| 2027 | ~$4,126,944 | ~$1,304,794 | ~2.3058% | ~$30,086 | +282.7% |
| 2028 | ~$8,073,553 | ~$1,435,273 | ~2.2029% | ~$31,618 | +648.7% |
| 2029 | ~$15,794,313 | ~$1,578,801 | ~2.1001% | ~$33,157 | +1364.7% |
| 2030 | ~$30,898,456 | ~$1,736,681 | ~1.9973% | ~$34,686 | +2765.4% |
In 2025, this property's market value of $1,078,342 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 | $1,078,342 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $779,304 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $287,614 | $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.