4624 MODENA BAY BN TX 78641
| Owner | AUZUMEEDI VENKATESH K |
|---|---|
| Parcel ID | 0510580110 |
| Short ID | 947362 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,521 SF |
| Land SF | 6,617 SF |
| Acres | 0.152 |
| Year Built | 2021 |
| Legal | LOT 77 BLK J TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $288,730 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $288,730 |
| Improvement | $372,726 |
|---|---|
| Total Improvement | $372,726 |
| Market | $661,456 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $661,456 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $661,456 |
| Exemptions (−) (HS) | −$132,291 |
|---|---|
| Taxable Value | $529,165 |
Appreciation: Market value has risen +184.3% from $232,654 (2023) to $661,456 (2025), a CAGR of 68.6% 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 $13,290. Leander ISD is the largest single contributor, at 39.4% 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 44% of market value ($288,730 land vs $372,726 improvements), about $44/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $661,456, 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 +68.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,015,235 by 2030, with an estimated annual tax burden around $23,102. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,521 SF | ✗ |
| 1ST | 1st Floor | 1,583 SF | ✓ |
| 2ND | 2nd Floor | 938 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 221 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1332% 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% | $5,667.71 | $5,667.71 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,732.53 | $2,732.53 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,711.97 | $2,711.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,988.84 | $1,988.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $677.11 | $677.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $624.54 | $624.54 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $14,402.70 | $14,402.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $560,390 | $661,456 | -15.3% |
| Assessed Value | $560,390 | $661,456 | -15.3% |
| Land Value | $209,985 | $288,730 | -27.3% |
| Improvement Value | $350,405 | $372,726 | -6.0% |
| Taxable Value | $448,312 | $529,165 | -15.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$11,259
Estimated
|
~$14,403
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $640,080 | $560,390 | -79,690 (-12.5%) |
| Taxable Value | $512,064 | $448,312 | -63,752 (-12.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $560,390 | $209,985 | $350,405 | — | $560,390 | $448,312 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $661,456 | $288,730 | $372,726 | — | $661,456 | $529,165 | ~$14,403 | Partial |
| 2024 | $529,256 | — | — | −$254,256 | $275,000 | $— | $14,407 | Verified |
| 2023 | $232,654 | — | — | — | $275,000 ! | $— | $11,591 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $6,090 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.2% | -3.2% | ~100% | Not available | Partial |
| 2025 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2024 | +24.2% | +24.2% | ~100% | 2.1900% | Verified |
| 2023 | +127.5% ! | +127.5% | ~100% | 2.1900% | Verified |
| 2022 | +1331.7% ! | +1331.7% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3970.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.3% | +45.7% | +74.7% | +127.5% | 2024 | -15.3% | 2026 |
| Assessment Ratio | 100.0% | 92.5% | — | 118.2% | 2023 | 52.0% | 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 |
$14,403 | $13,467 | ~$20,369 | $14,407 | 2024 | $11,591 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,115,311 | ~$727,602 | ~2.4429% | ~$17,775 | +68.6% |
| 2027 | ~$1,880,578 | ~$800,362 | ~2.3743% | ~$19,003 | +184.3% |
| 2028 | ~$3,170,930 | ~$880,398 | ~2.3058% | ~$20,300 | +379.4% |
| 2029 | ~$5,346,651 | ~$968,438 | ~2.2372% | ~$21,666 | +708.3% |
| 2030 | ~$9,015,235 | ~$1,065,282 | ~2.1687% | ~$23,102 | +1262.9% |
| 2026 | ~$1,102,082 | ~$727,602 | ~2.5114% | ~$18,273 | +66.6% |
| 2027 | ~$1,836,230 | ~$800,362 | ~2.5114% | ~$20,101 | +177.6% |
| 2028 | ~$3,059,428 | ~$880,398 | ~2.5114% | ~$22,111 | +362.5% |
| 2029 | ~$5,097,454 | ~$968,438 | ~2.5114% | ~$24,322 | +670.6% |
| 2030 | ~$8,493,104 | ~$1,065,282 | ~2.5114% | ~$26,754 | +1184.0% |
| 2026 | ~$1,128,541 | ~$727,602 | ~2.4086% | ~$17,525 | +70.6% |
| 2027 | ~$1,925,455 | ~$800,362 | ~2.3058% | ~$18,455 | +191.1% |
| 2028 | ~$3,285,108 | ~$880,398 | ~2.2029% | ~$19,395 | +396.6% |
| 2029 | ~$5,604,875 | ~$968,438 | ~2.1001% | ~$20,338 | +747.4% |
| 2030 | ~$9,562,735 | ~$1,065,282 | ~1.9973% | ~$21,277 | +1345.7% |
In 2025, this property's market value of $661,456 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 | $661,456 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $529,256 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $232,654 | $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.