1121 TREVI FONTANA DR TX 78641
| Owner | SANKAR VARUN SANKAR & NITHYA DEVI RAMER |
|---|---|
| Parcel ID | 0510550719 |
| Short ID | 947357 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,926 SF |
| Land SF | 10,607 SF |
| Acres | 0.244 |
| Year Built | 2021 |
| Legal | LOT 20 BLK J TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $298,937 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $298,937 |
| Improvement | $630,793 |
|---|---|
| Total Improvement | $630,793 |
| Market | $929,730 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $929,730 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $929,730 |
| Exemptions (−) (HS) | −$185,946 |
|---|---|
| Taxable Value | $743,784 |
| Total Due | $15,159.10 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +217.2% from $293,146 (2023) to $929,730 (2025), a CAGR of 78.1% 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 $18,680. Leander ISD is the largest single contributor, at 41.1% 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 32% of market value ($298,937 land vs $630,793 improvements), about $28/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $929,730, 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 +78.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,654,785 by 2030, with an estimated annual tax burden around $32,472. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $15,159.10 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,926 SF | ✗ |
| 1ST | 1st Floor | 2,413 SF | ✓ |
| 2ND | 2nd Floor | 1,513 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 618 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 418 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 276 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Travis County | 0.3444% | 0.3758% | +234 |
| Travis County MUD #20 | 0.3950% | 0.4100% | +139 |
| Travis Central Health | 0.1080% | 0.1180% | +75 |
| Austin Community College | 0.1013% | 0.1034% | +19 |
| Leander ISD | 1.0869% | 1.0869% | +0 |
| City of Leander | 0.4173% | 0.4173% | +0 |
Market value changed by 1704% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $8,583.58 | $2,964.36 | $5,619.22 |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,840.80 | $1,326.42 | $2,514.38 |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,811.89 | $1,316.44 | $2,495.45 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,795.47 | $965.41 | $1,830.06 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $951.73 | $328.67 | $623.06 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $877.84 | $303.16 | $574.68 |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $20,861.31 | $7,204.46 | $13,656.85 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $852,313 | $929,730 | -8.3% |
| Assessed Value | $852,313 | $929,730 | -8.3% |
| Land Value | $217,408 | $298,937 | -27.3% |
| Improvement Value | $634,905 | $630,793 | +0.7% |
| Taxable Value | $681,850 | $743,784 | -8.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$17,124
Estimated
|
$20,861 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $852,313 | $852,313 | +0 (+0.0%) |
| Taxable Value | $681,850 | $681,850 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $852,313 | $217,408 | $634,905 | — | $852,313 | $681,850 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $929,730 | $298,937 | $630,793 | — | $929,730 | $743,784 | $20,861 | Verified |
| 2024 | $807,672 | — | — | −$532,672 | $275,000 | $— | $19,856 | Verified |
| 2023 | $293,146 | — | — | −$18,146 | $275,000 | $— | $17,780 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $7,279 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2025 | +0.3% | +4.6% | ~100% | 2.2400% | Verified |
| 2024 | +14.7% | +10.0% | 95.9% | 2.1400% | Verified |
| 2023 | +175.5% ! | +175.5% | ~100% | 2.2000% | Verified |
| 2022 | +1704.0% ! | +1704.0% | ~100% | 2.4800% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5621.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.3% | +60.8% | +81.3% | +175.5% | 2024 | -8.3% | 2026 |
| Assessment Ratio | 100.0% | 82.0% | — | 100.0% | 2025 | 34.0% | 2024 |
| Effective Tax Rate (2025) | 2.2400% | 2.2400% | — | 2.2400% | 2025 | 2.2400% | 2025 |
| Tax Amount | $20,861 | $19,499 | ~$28,631 | $20,861 | 2025 | $17,780 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,655,744 | ~$1,022,703 | ~2.4429% | ~$24,984 | +78.1% |
| 2027 | ~$2,948,694 | ~$1,124,973 | ~2.3743% | ~$26,711 | +217.2% |
| 2028 | ~$5,251,292 | ~$1,237,471 | ~2.3058% | ~$28,533 | +464.8% |
| 2029 | ~$9,351,959 | ~$1,361,218 | ~2.2372% | ~$30,453 | +905.9% |
| 2030 | ~$16,654,785 | ~$1,497,339 | ~2.1687% | ~$32,472 | +1691.4% |
| 2026 | ~$1,637,150 | ~$1,022,703 | ~2.5114% | ~$25,685 | +76.1% |
| 2027 | ~$2,882,836 | ~$1,124,973 | ~2.5114% | ~$28,253 | +210.1% |
| 2028 | ~$5,076,350 | ~$1,237,471 | ~2.5114% | ~$31,078 | +446.0% |
| 2029 | ~$8,938,880 | ~$1,361,218 | ~2.5114% | ~$34,186 | +861.4% |
| 2030 | ~$15,740,359 | ~$1,497,339 | ~2.5114% | ~$37,605 | +1593.0% |
| 2026 | ~$1,674,339 | ~$1,022,703 | ~2.4086% | ~$24,633 | +80.1% |
| 2027 | ~$3,015,296 | ~$1,124,973 | ~2.3058% | ~$25,939 | +224.3% |
| 2028 | ~$5,430,208 | ~$1,237,471 | ~2.2029% | ~$27,261 | +484.1% |
| 2029 | ~$9,779,192 | ~$1,361,218 | ~2.1001% | ~$28,587 | +951.8% |
| 2030 | ~$17,611,223 | ~$1,497,339 | ~1.9973% | ~$29,906 | +1794.2% |
In 2025, this property's market value of $929,730 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 11× 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 | $929,730 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $807,672 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $293,146 | $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.