4524 MODENA BAY BN TX 78641
| Owner | BADLANI DEVASHISH & ANISHA NAINANI |
|---|---|
| Parcel ID | 0510580121 |
| Short ID | 947373 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,165 SF |
| Land SF | 7,181 SF |
| Acres | 0.165 |
| Year Built | 2021 |
| Legal | LOT 66 BLK J TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $290,172 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $290,172 |
| Improvement | $339,570 |
|---|---|
| Total Improvement | $339,570 |
| Market | $629,742 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $629,742 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $629,742 |
| Taxable Value | $629,742 |
|---|
Appreciation: Market value has risen +112.4% from $296,448 (2023) to $629,742 (2025), a CAGR of 45.7% 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 $15,816. 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 46% of market value ($290,172 land vs $339,570 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $629,742, 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 +45.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,141,885 by 2030, with an estimated annual tax burden around $21,995. 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 | 3,165 SF | ✗ |
| 1ST | 1st Floor | 1,844 SF | ✓ |
| 2ND | 2nd Floor | 1,321 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 607 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 289 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1724% 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% | $6,844.67 | $6,844.67 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,627.80 | $2,627.80 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,581.94 | $2,581.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,366.85 | $2,366.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $743.24 | $743.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $651.15 | $651.15 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $15,815.65 | $15,815.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $652,628 | $629,742 | +3.6% |
| Assessed Value | $652,628 | $629,742 | +3.6% |
| Land Value | $211,034 | $290,172 | -27.3% |
| Improvement Value | $441,594 | $339,570 | +30.0% |
| Taxable Value | $638,038 | $629,742 | +1.3% |
| Total Tax 2026 = estimate |
~$16,024
Estimated
|
~$15,816
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $750,906 | $652,628 | -98,278 (-13.1%) |
| Taxable Value | $736,316 | $638,038 | -98,278 (-13.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $652,628 | $211,034 | $441,594 | — | $652,628 | $638,038 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $629,742 | $290,172 | $339,570 | — | $629,742 | $629,742 | ~$15,816 | Partial |
| 2024 | $709,000 | — | — | −$434,000 | $275,000 | $— | $16,203 | Verified |
| 2023 | $296,448 | — | — | −$21,448 | $275,000 | $— | $15,473 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $7,760 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.2% | +19.2% | ~100% | Not available | Partial |
| 2025 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2024 | -6.8% | -6.8% | ~100% | 2.4500% | Verified |
| 2023 | +139.2% ! | +139.2% | ~100% | 2.1800% | Verified |
| 2022 | +1724.3% ! | +1724.3% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3775.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.6% | +43.9% | +44.7% | +139.2% | 2024 | -11.2% | 2025 |
| Assessment Ratio | 100.0% | 82.9% | — | 100.0% | 2025 | 38.8% | 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 |
$15,816 | $15,830 | ~$19,393 | $16,203 | 2024 | $15,473 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$917,846 | ~$692,716 | ~2.4429% | ~$16,922 | +45.7% |
| 2027 | ~$1,337,756 | ~$761,988 | ~2.3743% | ~$18,092 | +112.4% |
| 2028 | ~$1,949,772 | ~$838,187 | ~2.3058% | ~$19,327 | +209.6% |
| 2029 | ~$2,841,783 | ~$922,005 | ~2.2372% | ~$20,627 | +351.3% |
| 2030 | ~$4,141,885 | ~$1,014,206 | ~2.1687% | ~$21,995 | +557.7% |
| 2026 | ~$905,251 | ~$692,716 | ~2.5114% | ~$17,397 | +43.7% |
| 2027 | ~$1,301,294 | ~$761,988 | ~2.5114% | ~$19,137 | +106.6% |
| 2028 | ~$1,870,603 | ~$838,187 | ~2.5114% | ~$21,051 | +197.0% |
| 2029 | ~$2,688,983 | ~$922,005 | ~2.5114% | ~$23,156 | +327.0% |
| 2030 | ~$3,865,399 | ~$1,014,206 | ~2.5114% | ~$25,471 | +513.8% |
| 2026 | ~$930,441 | ~$692,716 | ~2.4086% | ~$16,685 | +47.7% |
| 2027 | ~$1,374,721 | ~$761,988 | ~2.3058% | ~$17,570 | +118.3% |
| 2028 | ~$2,031,144 | ~$838,187 | ~2.2029% | ~$18,465 | +222.5% |
| 2029 | ~$3,001,005 | ~$922,005 | ~2.1001% | ~$19,363 | +376.5% |
| 2030 | ~$4,433,970 | ~$1,014,206 | ~1.9973% | ~$20,256 | +604.1% |
In 2025, this property's market value of $629,742 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 | $629,742 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $709,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $296,448 | $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.