MODENA BAY BN TX 78641
| Owner | BALAKRISHNAN LIVING TRUST |
|---|---|
| Parcel ID | 0510580404 |
| Short ID | 945821 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,758 SF |
| Land SF | 6,500 SF |
| Acres | 0.149 |
| Year Built | 2021 |
| Legal | LOT 2 BLK K TRAVISSO PHS 3 SEC 6 |
| Neighborhood | T4500 |
| Land | $360,538 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $360,538 |
| Improvement | $265,816 |
|---|---|
| Total Improvement | $265,816 |
| Market | $626,354 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $626,354 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $626,354 |
| Exemptions (−) (HS) | −$125,271 |
|---|---|
| Taxable Value | $501,083 |
Appreciation: Market value has risen +40.4% from $445,969 (2023) to $626,354 (2025), a CAGR of 18.5% 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.
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 $12,584. Leander ISD is the largest single contributor, at 39.0% of the total 2025 levy.
Asset Class: O. 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 ($360,538 land vs $265,816 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Forward Outlook: Holding the +18.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,464,225 by 2030, with an estimated annual tax burden around $21,876. 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 | 2,758 SF | ✗ |
| 1ST | 1st Floor | 1,552 SF | ✓ |
| 2ND | 2nd Floor | 1,206 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 380 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 256 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 815% 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% | $5,286.18 | $5,286.18 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,587.52 | $2,587.52 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,568.05 | $2,568.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,883.30 | $1,883.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $641.17 | $641.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $591.39 | $591.39 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $13,557.61 | $13,557.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $626,354 | $626,354 | +0.0% |
| Assessed Value | $626,354 | $626,354 | +0.0% |
| Land Value | $262,209 | $360,538 | -27.3% |
| Improvement Value | $364,145 | $265,816 | +37.0% |
| Taxable Value | $501,083 | $501,083 | +0.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$12,584
Estimated
|
~$13,558
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $719,914 | $626,354 | -93,560 (-13.0%) |
| Taxable Value | $551,191 | $501,083 | -50,108 (-9.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $626,354 | $262,209 | $364,145 | — | $626,354 | $501,083 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $626,354 | $360,538 | $265,816 | — | $626,354 | $501,083 | ~$13,558 | Partial |
| 2024 | $620,970 | — | — | −$277,220 | $343,750 | $— | $13,282 | Verified |
| 2023 | $445,969 | — | — | −$170,969 | $275,000 | $— | $13,414 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $11,569 | Verified |
| 2021 | $— | — | — | — | $48,750 | $— | $1,358 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.9% | +10.0% | 95.7% | Not available | Partial |
| 2025 | +2.8% | +2.8% | ~100% | Not available | Partial |
| 2024 | -14.4% | -14.4% | ~100% | 2.1800% | Verified |
| 2023 | +59.7% | +59.7% | ~100% | 1.8800% | Verified |
| 2022 | +814.8% ! | +814.8% | ~100% | 2.5900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1184.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +13.4% | +18.5% | +39.2% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 79.3% | — | 100.0% | 2025 | 55.4% | 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 |
$13,558 | $13,418 | ~$19,288 | $13,558 | 2025 | $13,282 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$742,297 | ~$688,989 | ~2.4429% | ~$16,831 | +18.5% |
| 2027 | ~$879,701 | ~$757,888 | ~2.3743% | ~$17,995 | +40.4% |
| 2028 | ~$1,042,540 | ~$833,677 | ~2.3058% | ~$19,223 | +66.4% |
| 2029 | ~$1,235,521 | ~$917,045 | ~2.2372% | ~$20,516 | +97.3% |
| 2030 | ~$1,464,225 | ~$1,008,749 | ~2.1687% | ~$21,876 | +133.8% |
| 2026 | ~$729,769 | ~$688,989 | ~2.5114% | ~$17,304 | +16.5% |
| 2027 | ~$850,260 | ~$757,888 | ~2.5114% | ~$19,034 | +35.7% |
| 2028 | ~$990,643 | ~$833,677 | ~2.5114% | ~$20,937 | +58.2% |
| 2029 | ~$1,154,206 | ~$917,045 | ~2.5114% | ~$23,031 | +84.3% |
| 2030 | ~$1,344,773 | ~$1,008,749 | ~2.5114% | ~$25,334 | +114.7% |
| 2026 | ~$754,824 | ~$688,989 | ~2.4086% | ~$16,595 | +20.5% |
| 2027 | ~$909,643 | ~$757,888 | ~2.3058% | ~$17,475 | +45.2% |
| 2028 | ~$1,096,218 | ~$833,677 | ~2.2029% | ~$18,365 | +75.0% |
| 2029 | ~$1,321,060 | ~$917,045 | ~2.1001% | ~$19,259 | +110.9% |
| 2030 | ~$1,592,018 | ~$1,008,749 | ~1.9973% | ~$20,147 | +154.2% |
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.