1120 VILLA RIALTO VW TX 78641
| Owner | KALA VENKATA SHANMUKHA TEJA |
|---|---|
| Parcel ID | 0510580408 |
| Short ID | 947412 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,199 SF |
| Land SF | 8,376 SF |
| Acres | 0.192 |
| Year Built | 2021 |
| Legal | LOT 23 BLK K TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $366,537 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $366,537 |
| Improvement | $329,460 |
|---|---|
| Total Improvement | $329,460 |
| Market | $695,997 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $695,997 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $695,997 |
| Exemptions (−) (HS) | −$139,199 |
|---|---|
| Taxable Value | $556,798 |
Appreciation: Market value has risen +111.5% from $329,097 (2023) to $695,997 (2025), a CAGR of 45.4% 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 $13,984. Leander ISD is the largest single contributor, at 39.7% 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 53% of market value ($366,537 land vs $329,460 improvements), about $44/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $695,997, 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 +45.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,527,057 by 2030, with an estimated annual tax burden around $24,309. 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 | 3,199 SF | ✗ |
| 1ST | 1st Floor | 1,791 SF | ✓ |
| 2ND | 2nd Floor | 1,408 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 596 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 233 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1925% 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% | $6,043.13 | $6,043.13 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,875.23 | $2,875.23 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,853.59 | $2,853.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,092.70 | $2,092.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $712.46 | $712.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $657.15 | $657.15 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $15,234.26 | $15,234.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $686,996 | $695,997 | -1.3% |
| Assessed Value | $686,996 | $695,997 | -1.3% |
| Land Value | $266,572 | $366,537 | -27.3% |
| Improvement Value | $420,424 | $329,460 | +27.6% |
| Taxable Value | $549,597 | $556,798 | -1.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$13,803
Estimated
|
~$15,234
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $784,690 | $686,996 | -97,694 (-12.5%) |
| Taxable Value | $612,478 | $549,597 | -62,881 (-10.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $686,996 | $266,572 | $420,424 | — | $686,996 | $549,597 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $695,997 | $366,537 | $329,460 | — | $695,997 | $556,798 | ~$15,234 | Partial |
| 2024 | $674,638 | — | — | −$330,888 | $343,750 | $— | $15,885 | Verified |
| 2023 | $329,097 | — | — | −$54,097 | $275,000 | $— | $14,669 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $8,614 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.7% | +10.0% | 97.6% | Not available | Partial |
| 2025 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2024 | +6.7% | +6.7% | ~100% | 2.2100% | Verified |
| 2023 | +105.0% ! | +105.0% | ~100% | 2.1700% | Verified |
| 2022 | +1925.2% ! | +1925.2% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4183.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.3% | +35.6% | +45.8% | +105.0% | 2024 | -1.3% | 2026 |
| Assessment Ratio | 100.0% | 83.7% | — | 100.0% | 2025 | 51.0% | 2024 |
| Effective Tax Rate (2025) | 2.1900% | 2.1900% | — | 2.1900% | 2025 | 2.1900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,234 | $15,263 | ~$21,433 | $15,885 | 2024 | $14,669 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,012,160 | ~$765,597 | ~2.4429% | ~$18,703 | +45.4% |
| 2027 | ~$1,471,942 | ~$842,156 | ~2.3743% | ~$19,996 | +111.5% |
| 2028 | ~$2,140,585 | ~$926,372 | ~2.3058% | ~$21,360 | +207.6% |
| 2029 | ~$3,112,965 | ~$1,019,009 | ~2.2372% | ~$22,797 | +347.3% |
| 2030 | ~$4,527,057 | ~$1,120,910 | ~2.1687% | ~$24,309 | +550.4% |
| 2026 | ~$998,240 | ~$765,597 | ~2.5114% | ~$19,228 | +43.4% |
| 2027 | ~$1,431,734 | ~$842,156 | ~2.5114% | ~$21,150 | +105.7% |
| 2028 | ~$2,053,478 | ~$926,372 | ~2.5114% | ~$23,265 | +195.0% |
| 2029 | ~$2,945,219 | ~$1,019,009 | ~2.5114% | ~$25,592 | +323.2% |
| 2030 | ~$4,224,206 | ~$1,120,910 | ~2.5114% | ~$28,151 | +506.9% |
| 2026 | ~$1,026,080 | ~$765,597 | ~2.4086% | ~$18,440 | +47.4% |
| 2027 | ~$1,512,707 | ~$842,156 | ~2.3058% | ~$19,418 | +117.3% |
| 2028 | ~$2,230,122 | ~$926,372 | ~2.2029% | ~$20,407 | +220.4% |
| 2029 | ~$3,287,777 | ~$1,019,009 | ~2.1001% | ~$21,400 | +372.4% |
| 2030 | ~$4,847,035 | ~$1,120,910 | ~1.9973% | ~$22,388 | +596.4% |
In 2025, this property's market value of $695,997 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 8× 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 | $695,997 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $674,638 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $329,097 | $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.