MODENA BAY BN TX 78641
| Owner | LE CHRISTINE & TAM |
|---|---|
| Parcel ID | 0510580105 |
| Short ID | 945819 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,529 SF |
| Land SF | 8,190 SF |
| Acres | 0.188 |
| Year Built | 2021 |
| Legal | LOT 82 BLK J TRAVISSO PHS 3 SEC 6 |
| Neighborhood | T4500 |
| Land | $292,753 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $292,753 |
| Improvement | $382,549 |
|---|---|
| Total Improvement | $382,549 |
| Market | $675,302 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $675,302 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $675,302 |
| Exemptions (−) (HS) | −$135,060 |
|---|---|
| Taxable Value | $540,242 |
Appreciation: Market value has risen +219.0% from $211,689 (2023) to $675,302 (2025), a CAGR of 78.6% 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 $13,568. Leander ISD is the largest single contributor, at 39.5% 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 43% of market value ($292,753 land vs $382,549 improvements), about $36/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $675,302, 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 +78.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,274,319 by 2030, with an estimated annual tax burden around $23,586. 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 | 2,529 SF | ✗ |
| 1ST | 1st Floor | 1,630 SF | ✓ |
| 2ND | 2nd Floor | 899 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 230 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 334% 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% | $5,818.20 | $5,818.20 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,789.73 | $2,789.73 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,768.74 | $2,768.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,030.47 | $2,030.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $691.28 | $691.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $637.61 | $637.61 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $14,736.03 | $14,736.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $628,512 | $675,302 | -6.9% |
| Assessed Value | $628,512 | $675,302 | -6.9% |
| Land Value | $212,912 | $292,753 | -27.3% |
| Improvement Value | $415,600 | $382,549 | +8.6% |
| Taxable Value | $502,810 | $540,242 | -6.9% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$12,628
Estimated
|
~$14,736
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $717,889 | $628,512 | -89,377 (-12.4%) |
| Taxable Value | $574,311 | $502,810 | -71,501 (-12.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $628,512 | $212,912 | $415,600 | — | $628,512 | $502,810 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $675,302 | $292,753 | $382,549 | — | $675,302 | $540,242 | ~$14,736 | Partial |
| 2024 | $576,035 | — | — | −$301,035 | $275,000 | $— | $14,628 | Verified |
| 2023 | $211,689 | — | — | — | $275,000 ! | $— | $12,491 | Verified |
| 2022 | $— | — | — | — | $206,250 | $— | $5,541 | Verified |
| 2021 | $— | — | — | — | $48,750 | $— | $1,358 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | +15.7% | +15.7% | ~100% | 2.1900% | Verified |
| 2023 | +172.1% ! | +172.1% | ~100% | 2.1700% | Verified |
| 2022 | +334.2% ! | +334.2% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1285.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.9% | +60.8% | +81.3% | +172.1% | 2024 | -6.9% | 2026 |
| Assessment Ratio | 100.0% | 94.4% | — | 129.9% | 2023 | 47.7% | 2024 |
| Effective Tax Rate (2025) | 2.1800% | 2.1800% | — | 2.1800% | 2025 | 2.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,736 | $13,952 | ~$20,796 | $14,736 | 2025 | $12,491 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,206,141 | ~$742,832 | ~2.4429% | ~$18,147 | +78.6% |
| 2027 | ~$2,154,258 | ~$817,115 | ~2.3743% | ~$19,401 | +219.0% |
| 2028 | ~$3,847,669 | ~$898,827 | ~2.3058% | ~$20,725 | +469.8% |
| 2029 | ~$6,872,227 | ~$988,710 | ~2.2372% | ~$22,120 | +917.7% |
| 2030 | ~$12,274,319 | ~$1,087,581 | ~2.1687% | ~$23,586 | +1717.6% |
| 2026 | ~$1,192,634 | ~$742,832 | ~2.5114% | ~$18,656 | +76.6% |
| 2027 | ~$2,106,283 | ~$817,115 | ~2.5114% | ~$20,521 | +211.9% |
| 2028 | ~$3,719,855 | ~$898,827 | ~2.5114% | ~$22,574 | +450.8% |
| 2029 | ~$6,569,546 | ~$988,710 | ~2.5114% | ~$24,831 | +872.8% |
| 2030 | ~$11,602,315 | ~$1,087,581 | ~2.5114% | ~$27,314 | +1618.1% |
| 2026 | ~$1,219,647 | ~$742,832 | ~2.4086% | ~$17,892 | +80.6% |
| 2027 | ~$2,202,774 | ~$817,115 | ~2.3058% | ~$18,841 | +226.2% |
| 2028 | ~$3,978,377 | ~$898,827 | ~2.2029% | ~$19,801 | +489.1% |
| 2029 | ~$7,185,250 | ~$988,710 | ~2.1001% | ~$20,764 | +964.0% |
| 2030 | ~$12,977,105 | ~$1,087,581 | ~1.9973% | ~$21,722 | +1821.7% |
In 2025, this property's market value of $675,302 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 8× 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 | $675,302 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $576,035 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $211,689 | $25,000 | $71,500 | $271,439 | ↑ Above median | +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.