1117 VILLA RIALTO VW TX 78641
| Owner | REDDY SREENIVASA PITCHALA & |
|---|---|
| Parcel ID | 0510580240 |
| Short ID | 947408 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,524 SF |
| Land SF | 6,708 SF |
| Acres | 0.154 |
| Year Built | 2022 |
| Legal | LOT 10 BLK M TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $361,203 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $361,203 |
| Improvement | $370,509 |
|---|---|
| Total Improvement | $370,509 |
| Market | $731,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $731,712 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $731,712 |
| Exemptions (−) (HS) | −$146,342 |
|---|---|
| Taxable Value | $585,370 |
Appreciation: Market value has risen +42.9% from $511,896 (2024) to $731,712 (2025), a CAGR of 42.9% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 +28.8%, 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 $14,701. Leander ISD is the largest single contributor, at 40.0% 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 49% of market value ($361,203 land vs $370,509 improvements), about $54/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $731,712, 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 +42.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,366,489 by 2030, with an estimated annual tax burden around $25,556. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,524 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,524 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 426 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 175 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 323% 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% | $6,431.32 | $6,431.32 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,022.77 | $3,022.77 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,000.02 | $3,000.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,200.08 | $2,200.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $749.02 | $749.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $690.87 | $690.87 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $16,094.08 | $16,094.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $650,000 | $731,712 | -11.2% |
| Assessed Value | $650,000 | $731,712 | -11.2% |
| Land Value | $262,693 | $361,203 | -27.3% |
| Improvement Value | $387,307 | $370,509 | +4.5% |
| Taxable Value | $520,000 | $585,370 | -11.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$13,060
Estimated
|
~$16,094
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $719,573 | $650,000 | -69,573 (-9.7%) |
| Taxable Value | $575,658 | $520,000 | -55,658 (-9.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $650,000 | $262,693 | $387,307 | — | $650,000 | $520,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $731,712 | $361,203 | $370,509 | — | $731,712 | $585,370 | ~$16,094 | Partial |
| 2024 | $511,896 | — | — | −$168,146 | $343,750 | $— | $15,885 | Verified |
| 2023 | $— | — | — | — | $220,000 | $— | $9,214 | Verified |
| 2022 | $— | — | — | — | $68,750 | $— | $1,800 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | +83.1% ! | +83.1% | ~100% | 2.1200% | Verified |
| 2023 | +495.7% ! | +495.7% | ~100% | 2.2500% | Verified |
| 2022 | +323.1% ! | +323.1% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4402.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.2% | +15.8% | +46.5% | +42.9% | 2025 | -11.2% | 2026 |
| Assessment Ratio | 100.0% | 89.1% | — | 100.0% | 2025 | 67.2% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,094 | $15,990 | ~$22,533 | $16,094 | 2025 | $15,885 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,045,920 | ~$804,883 | ~2.4429% | ~$19,662 | +42.9% |
| 2027 | ~$1,495,055 | ~$885,372 | ~2.3743% | ~$21,022 | +104.3% |
| 2028 | ~$2,137,054 | ~$973,909 | ~2.3058% | ~$22,456 | +192.1% |
| 2029 | ~$3,054,738 | ~$1,071,300 | ~2.2372% | ~$23,967 | +317.5% |
| 2030 | ~$4,366,489 | ~$1,178,429 | ~2.1687% | ~$25,556 | +496.7% |
| 2026 | ~$1,031,286 | ~$804,883 | ~2.5114% | ~$20,214 | +40.9% |
| 2027 | ~$1,453,510 | ~$885,372 | ~2.5114% | ~$22,236 | +98.6% |
| 2028 | ~$2,048,600 | ~$973,909 | ~2.5114% | ~$24,459 | +180.0% |
| 2029 | ~$2,887,328 | ~$1,071,300 | ~2.5114% | ~$26,905 | +294.6% |
| 2030 | ~$4,069,445 | ~$1,178,429 | ~2.5114% | ~$29,596 | +456.2% |
| 2026 | ~$1,060,555 | ~$804,883 | ~2.4086% | ~$19,387 | +44.9% |
| 2027 | ~$1,537,184 | ~$885,372 | ~2.3058% | ~$20,415 | +110.1% |
| 2028 | ~$2,228,018 | ~$973,909 | ~2.2029% | ~$21,455 | +204.5% |
| 2029 | ~$3,229,324 | ~$1,071,300 | ~2.1001% | ~$22,498 | +341.3% |
| 2030 | ~$4,680,632 | ~$1,178,429 | ~1.9973% | ~$23,536 | +539.7% |
In 2025, this property's market value of $731,712 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 9× 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 | $731,712 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $511,896 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +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.