4620 MODENA BAY BN TX 78641
| Owner | TSAI LUNGSHENG & XINLI YANG |
|---|---|
| Parcel ID | 0510580111 |
| Short ID | 947363 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,685 SF |
| Land SF | 7,049 SF |
| Acres | 0.162 |
| Year Built | 2021 |
| Legal | LOT 76 BLK J TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $289,835 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $289,835 |
| Improvement | $325,066 |
|---|---|
| Total Improvement | $325,066 |
| Market | $614,901 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $614,901 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $614,901 |
| Taxable Value | $614,901 |
|---|
Appreciation: Market value has risen +152.0% from $243,979 (2023) to $614,901 (2025), a CAGR of 58.8% 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 $15,443. Leander ISD is the largest single contributor, at 43.3% 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 47% of market value ($289,835 land vs $325,066 improvements), about $41/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $614,901, 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 +58.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,200,648 by 2030, with an estimated annual tax burden around $21,476. 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 | 2,685 SF | ✗ |
| 1ST | 1st Floor | 1,449 SF | ✓ |
| 2ND | 2nd Floor | 1,236 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 399 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1401% 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% | $6,683.36 | $6,683.36 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,565.87 | $2,565.87 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,521.09 | $2,521.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,311.07 | $2,311.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $725.72 | $725.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $635.81 | $635.81 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $15,442.92 | $15,442.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $614,900 | $614,901 | -0.0% |
| Assessed Value | $614,900 | $614,901 | -0.0% |
| Land Value | $210,789 | $289,835 | -27.3% |
| Improvement Value | $404,111 | $325,066 | +24.3% |
| Taxable Value | $614,900 | $614,901 | -0.0% |
| Total Tax 2026 = estimate |
~$15,443
Estimated
|
~$15,443
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $662,207 | $614,900 | -47,307 (-7.1%) |
| Taxable Value | $662,207 | $614,900 | -47,307 (-7.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $614,900 | $210,789 | $404,111 | — | $614,900 | $614,900 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $614,901 | $289,835 | $325,066 | — | $614,901 | $614,901 | ~$15,443 | Partial |
| 2024 | $662,805 | — | — | −$387,805 | $275,000 | $— | $14,024 | Verified |
| 2023 | $243,979 | — | — | — | $275,000 ! | $— | $16,073 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $6,386 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2025 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2024 | -18.9% | -18.9% | ~100% | 2.4500% | Verified |
| 2023 | +189.0% ! | +189.0% | ~100% | 2.2800% | Verified |
| 2022 | +1401.4% ! | +1401.4% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3684.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +-0.0% | +54.8% | +58.8% | +171.7% | 2024 | -7.2% | 2025 |
| Assessment Ratio | 100.0% | 88.5% | — | 112.7% | 2023 | 41.5% | 2024 |
| Effective Tax Rate (2025) | 2.5100% | 2.5100% | — | 2.5100% | 2025 | 2.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,443 | $15,180 | ~$18,936 | $16,073 | 2023 | $14,024 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$976,184 | ~$676,391 | ~2.4429% | ~$16,524 | +58.8% |
| 2027 | ~$1,549,737 | ~$744,030 | ~2.3743% | ~$17,666 | +152.0% |
| 2028 | ~$2,460,279 | ~$818,433 | ~2.3058% | ~$18,871 | +300.1% |
| 2029 | ~$3,905,806 | ~$900,277 | ~2.2372% | ~$20,141 | +535.2% |
| 2030 | ~$6,200,648 | ~$990,304 | ~2.1687% | ~$21,476 | +908.4% |
| 2026 | ~$963,886 | ~$676,391 | ~2.5114% | ~$16,987 | +56.8% |
| 2027 | ~$1,510,935 | ~$744,030 | ~2.5114% | ~$18,686 | +145.7% |
| 2028 | ~$2,368,461 | ~$818,433 | ~2.5114% | ~$20,555 | +285.2% |
| 2029 | ~$3,712,672 | ~$900,277 | ~2.5114% | ~$22,610 | +503.8% |
| 2030 | ~$5,819,785 | ~$990,304 | ~2.5114% | ~$24,871 | +846.5% |
| 2026 | ~$988,482 | ~$676,391 | ~2.4086% | ~$16,292 | +60.8% |
| 2027 | ~$1,589,030 | ~$744,030 | ~2.3058% | ~$17,156 | +158.4% |
| 2028 | ~$2,554,439 | ~$818,433 | ~2.2029% | ~$18,030 | +315.4% |
| 2029 | ~$4,106,379 | ~$900,277 | ~2.1001% | ~$18,907 | +567.8% |
| 2030 | ~$6,601,195 | ~$990,304 | ~1.9973% | ~$19,779 | +973.5% |
In 2025, this property's market value of $614,901 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 | $614,901 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $662,805 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $243,979 | $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.