4632 MODENA BAY BN TX 78641
| Owner | WIGHTMAN MICHAEL JOSEPH |
|---|---|
| Parcel ID | 0510580108 |
| Short ID | 947360 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,101 SF |
| Land SF | 6,617 SF |
| Acres | 0.152 |
| Year Built | 2022 |
| Legal | LOT 79 BLK J TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $288,730 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $288,730 |
| Improvement | $303,786 |
|---|---|
| Total Improvement | $303,786 |
| Market | $592,516 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $592,516 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $592,516 |
| Taxable Value | $592,516 |
|---|
Appreciation: Market value has fallen -10.9% from $664,884 (2024) to $592,516 (2025), a CAGR of -10.9% over 1 year. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 +28.8%, so this parcel has lagged 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 $14,881. Leander ISD is the largest single contributor, at 37.6% 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 49% of market value ($288,730 land vs $303,786 improvements), about $44/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $592,516, 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 -10.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $333,021 by 2030, with an estimated annual tax burden around $7,222. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,101 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,101 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 712 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 254 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 323% 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% | $4,556.42 | $4,556.42 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,430.73 | $2,430.73 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,429.32 | $2,429.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,688.66 | $1,688.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $535.11 | $535.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $480.73 | $480.73 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $12,120.97 | $12,120.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $534,888 | $592,516 | -9.7% |
| Assessed Value | $534,888 | $592,516 | -9.7% |
| Land Value | $209,985 | $288,730 | -27.3% |
| Improvement Value | $324,903 | $303,786 | +7.0% |
| Taxable Value | $282,641 | $592,516 | -52.3% |
| Exemptions | HS,OV65 | S | |
| Total Tax 2026 = estimate |
~$7,098
Estimated
|
~$12,121
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $534,888 | $534,888 | +0 (+0.0%) |
| Taxable Value | $284,690 | $282,641 | -2,049 (-0.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $534,888 | $209,985 | $324,903 | — | $534,888 | $282,641 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $592,516 | $288,730 | $303,786 | — | $592,516 | $592,516 | ~$12,121 | Partial |
| 2024 | $664,884 | — | — | −$389,884 | $275,000 | $— | $4,054 | Verified |
| 2023 | $— | — | — | — | $275,000 | $— | $5,169 | Verified |
| 2022 | $— | — | — | — | $68,750 | $— | $1,399 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.7% | -9.7% | ~100% | Not available | Partial |
| 2025 | +15.6% | +15.7% | ~100% | Not available | Partial |
| 2024 | -22.9% | +10.0% | ~100% | 0.7900% | Verified |
| 2023 | +867.1% ! | +577.1% | 70.0% | 0.7800% | Verified |
| 2022 | +323.1% ! | +323.1% | ~100% | 2.0300% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3546.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.7% | -10.3% | -9.0% | -9.7% | 2026 | -10.9% | 2025 |
| Assessment Ratio | 100.0% | 80.5% | — | 100.0% | 2025 | 41.4% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,121 | $8,087 | ~$9,865 | $12,121 | 2025 | $4,054 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$528,025 | ~$528,025 | ~2.4429% | ~$12,899 | -10.9% |
| 2027 | ~$470,553 | ~$470,553 | ~2.3743% | ~$11,173 | -20.6% |
| 2028 | ~$419,337 | ~$419,337 | ~2.3058% | ~$9,669 | -29.2% |
| 2029 | ~$373,695 | ~$373,695 | ~2.2372% | ~$8,360 | -36.9% |
| 2030 | ~$333,021 | ~$333,021 | ~2.1687% | ~$7,222 | -43.8% |
| 2026 | ~$562,890 | ~$562,890 | ~2.5114% | ~$14,137 | -5.0% |
| 2027 | ~$534,746 | ~$534,746 | ~2.5114% | ~$13,430 | -9.7% |
| 2028 | ~$508,008 | ~$508,008 | ~2.5114% | ~$12,758 | -14.3% |
| 2029 | ~$482,608 | ~$482,608 | ~2.5114% | ~$12,120 | -18.5% |
| 2030 | ~$458,478 | ~$458,478 | ~2.5114% | ~$11,514 | -22.6% |
| 2026 | ~$539,875 | ~$539,875 | ~2.4086% | ~$13,004 | -8.9% |
| 2027 | ~$491,911 | ~$491,911 | ~2.3058% | ~$11,342 | -17.0% |
| 2028 | ~$448,208 | ~$448,208 | ~2.2029% | ~$9,874 | -24.4% |
| 2029 | ~$408,388 | ~$408,388 | ~2.1001% | ~$8,577 | -31.1% |
| 2030 | ~$372,105 | ~$372,105 | ~1.9973% | ~$7,432 | -37.2% |
In 2025, this property's market value of $592,516 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 7× 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 | $592,516 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $664,884 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +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.