1008 VILLA RIALTO VW TX
| Owner | GADE PRASHANTH R & ASHWINI S |
|---|---|
| Parcel ID | 0510580129 |
| Short ID | 947381 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,170 SF |
| Land SF | 7,860 SF |
| Acres | 0.180 |
| Year Built | 2021 |
| Legal | LOT 58 BLK J TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $291,909 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $291,909 |
| Improvement | $572,260 |
|---|---|
| Total Improvement | $572,260 |
| Market | $864,169 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $864,169 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $864,169 |
| Exemptions (−) (HS) | −$172,834 |
|---|---|
| Taxable Value | $691,335 |
Appreciation: Market value has risen +259.0% from $240,726 (2023) to $864,169 (2025), a CAGR of 89.5% 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 $17,363. Leander ISD is the largest single contributor, at 40.8% 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 34% of market value ($291,909 land vs $572,260 improvements), about $37/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $864,169, 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 +89.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $21,100,264 by 2030, with an estimated annual tax burden around $30,182. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,170 SF | ✗ |
| 1ST | 1st Floor | 2,451 SF | ✓ |
| 2ND | 2nd Floor | 1,719 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 313 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 133 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1381% 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% | $7,870.99 | $7,870.99 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,569.96 | $3,569.96 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,543.09 | $3,543.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,598.35 | $2,598.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $884.61 | $884.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $815.93 | $815.93 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $19,282.93 | $19,282.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $753,503 | $864,169 | -12.8% |
| Assessed Value | $753,503 | $864,169 | -12.8% |
| Land Value | $212,298 | $291,909 | -27.3% |
| Improvement Value | $541,205 | $572,260 | -5.4% |
| Taxable Value | $602,802 | $691,335 | -12.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$15,139
Estimated
|
~$19,283
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $860,654 | $753,503 | -107,151 (-12.4%) |
| Taxable Value | $688,523 | $602,802 | -85,721 (-12.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $753,503 | $212,298 | $541,205 | — | $753,503 | $602,802 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $864,169 | $291,909 | $572,260 | — | $864,169 | $691,335 | ~$19,283 | Partial |
| 2024 | $917,864 | — | — | −$642,864 | $275,000 | $— | $20,807 | Verified |
| 2023 | $240,726 | — | — | — | $275,000 ! | $— | $20,357 | Verified |
| 2022 | $— | — | — | — | — | $— | $6,292 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -5.7% | -5.7% | ~100% | 2.2400% | Verified |
| 2023 | +309.0% ! | +309.0% | ~100% | 2.0700% | Verified |
| 2022 | +1381.4% ! | +1381.4% | ~100% | 2.6100% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5218.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.8% | +87.6% | +95.0% | +281.3% | 2024 | -12.8% | 2026 |
| Assessment Ratio | 100.0% | 86.0% | — | 114.2% | 2023 | 30.0% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,283 | $20,149 | ~$26,612 | $20,807 | 2024 | $19,283 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,637,331 | ~$950,586 | ~2.4429% | ~$23,222 | +89.5% |
| 2027 | ~$3,102,233 | ~$1,045,644 | ~2.3743% | ~$24,827 | +259.0% |
| 2028 | ~$5,877,765 | ~$1,150,209 | ~2.3058% | ~$26,521 | +580.2% |
| 2029 | ~$11,136,534 | ~$1,265,230 | ~2.2372% | ~$28,306 | +1188.7% |
| 2030 | ~$21,100,264 | ~$1,391,753 | ~2.1687% | ~$30,182 | +2341.7% |
| 2026 | ~$1,620,048 | ~$950,586 | ~2.5114% | ~$23,873 | +87.5% |
| 2027 | ~$3,037,085 | ~$1,045,644 | ~2.5114% | ~$26,261 | +251.4% |
| 2028 | ~$5,693,589 | ~$1,150,209 | ~2.5114% | ~$28,887 | +558.9% |
| 2029 | ~$10,673,706 | ~$1,265,230 | ~2.5114% | ~$31,776 | +1135.1% |
| 2030 | ~$20,009,875 | ~$1,391,753 | ~2.5114% | ~$34,953 | +2215.5% |
| 2026 | ~$1,654,615 | ~$950,586 | ~2.4086% | ~$22,896 | +91.5% |
| 2027 | ~$3,168,072 | ~$1,045,644 | ~2.3058% | ~$24,110 | +266.6% |
| 2028 | ~$6,065,871 | ~$1,150,209 | ~2.2029% | ~$25,338 | +601.9% |
| 2029 | ~$11,614,253 | ~$1,265,230 | ~2.1001% | ~$26,571 | +1244.0% |
| 2030 | ~$22,237,678 | ~$1,391,753 | ~1.9973% | ~$27,797 | +2473.3% |
In 2025, this property's market value of $864,169 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 10× 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 | $864,169 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $917,864 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $240,726 | $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.