1041 VILLA RIALTO VW TX 78641
| Owner | PATEL PARTH SANJAYKUMAR & SNEHA |
|---|---|
| Parcel ID | 0510580234 |
| Short ID | 947402 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,052 SF |
| Land SF | 6,963 SF |
| Acres | 0.160 |
| Year Built | 2021 |
| Legal | LOT 4 BLK M TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $362,018 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $362,018 |
| Improvement | $260,320 |
|---|---|
| Total Improvement | $260,320 |
| Market | $622,338 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $622,338 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $622,338 |
| Exemptions (−) (HS) | −$124,468 |
|---|---|
| Taxable Value | $497,870 |
Appreciation: Market value has risen +69.5% from $367,170 (2023) to $622,338 (2025), a CAGR of 30.2% 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 $12,504. Leander ISD is the largest single contributor, at 38.9% 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 58% of market value ($362,018 land vs $260,320 improvements), about $52/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $622,338, 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 +30.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,327,685 by 2030, with an estimated annual tax burden around $21,736. 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 | 2,052 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,052 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 500 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 267 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
Market value changed by 2160% 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% | $5,242.53 | $5,242.53 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,570.94 | $2,570.94 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,551.59 | $2,551.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,871.22 | $1,871.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $637.06 | $637.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $587.60 | $587.60 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $13,460.94 | $13,460.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $635,000 | $622,338 | +2.0% |
| Assessed Value | $635,000 | $622,338 | +2.0% |
| Land Value | $263,286 | $362,018 | -27.3% |
| Improvement Value | $371,714 | $260,320 | +42.8% |
| Taxable Value | $508,000 | $497,870 | +2.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$12,758
Estimated
|
~$13,461
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $635,000 | $635,000 | +0 (+0.0%) |
| Taxable Value | $508,000 | $508,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $635,000 | $263,286 | $371,714 | — | $635,000 | $508,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $622,338 | $362,018 | $260,320 | — | $622,338 | $497,870 | ~$13,461 | Partial |
| 2024 | $659,927 | — | — | −$316,177 | $343,750 | $— | $12,443 | Verified |
| 2023 | $367,170 | — | — | −$92,170 | $275,000 | $— | $14,325 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $9,611 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +8.4% | +8.4% | ~100% | Not available | Partial |
| 2024 | -13.0% | -13.0% | ~100% | 2.1700% | Verified |
| 2023 | +79.7% ! | +79.7% | ~100% | 2.1700% | Verified |
| 2022 | +2159.5% ! | +2159.5% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3729.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | +25.3% | +29.7% | +79.7% | 2024 | -5.7% | 2025 |
| Assessment Ratio | 100.0% | 81.8% | — | 100.0% | 2025 | 52.1% | 2024 |
| Effective Tax Rate (2025) | 2.1600% | 2.1600% | — | 2.1600% | 2025 | 2.1600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,461 | $13,410 | ~$19,165 | $14,325 | 2023 | $12,443 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$810,225 | ~$684,572 | ~2.4429% | ~$16,723 | +30.2% |
| 2027 | ~$1,054,837 | ~$753,029 | ~2.3743% | ~$17,879 | +69.5% |
| 2028 | ~$1,373,299 | ~$828,332 | ~2.3058% | ~$19,100 | +120.7% |
| 2029 | ~$1,787,906 | ~$911,165 | ~2.2372% | ~$20,385 | +187.3% |
| 2030 | ~$2,327,685 | ~$1,002,282 | ~2.1687% | ~$21,736 | +274.0% |
| 2026 | ~$797,779 | ~$684,572 | ~2.5114% | ~$17,193 | +28.2% |
| 2027 | ~$1,022,677 | ~$753,029 | ~2.5114% | ~$18,912 | +64.3% |
| 2028 | ~$1,310,976 | ~$828,332 | ~2.5114% | ~$20,803 | +110.7% |
| 2029 | ~$1,680,547 | ~$911,165 | ~2.5114% | ~$22,883 | +170.0% |
| 2030 | ~$2,154,304 | ~$1,002,282 | ~2.5114% | ~$25,172 | +246.2% |
| 2026 | ~$822,672 | ~$684,572 | ~2.4086% | ~$16,489 | +32.2% |
| 2027 | ~$1,087,495 | ~$753,029 | ~2.3058% | ~$17,363 | +74.7% |
| 2028 | ~$1,437,566 | ~$828,332 | ~2.2029% | ~$18,248 | +131.0% |
| 2029 | ~$1,900,327 | ~$911,165 | ~2.1001% | ~$19,135 | +205.4% |
| 2030 | ~$2,512,053 | ~$1,002,282 | ~1.9973% | ~$20,018 | +303.6% |
In 2025, this property's market value of $622,338 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 | $622,338 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $659,927 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $367,170 | $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.