1116 VILLA RIALTO VW TX 78641
| Owner | DESAI TEJAS AND CHINMAYI |
|---|---|
| Parcel ID | 0510580409 |
| Short ID | 947413 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,137 SF |
| Land SF | 8,450 SF |
| Acres | 0.194 |
| Year Built | 2021 |
| Legal | LOT 22 BLK K TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $366,773 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $366,773 |
| Improvement | $324,202 |
|---|---|
| Total Improvement | $324,202 |
| Market | $690,975 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $690,975 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $690,975 |
| Exemptions (−) (HS) | −$138,195 |
|---|---|
| Taxable Value | $552,780 |
Appreciation: Market value has risen +107.5% from $333,078 (2023) to $690,975 (2025), a CAGR of 44.0% 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 $13,883. Leander ISD is the largest single contributor, at 39.6% 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 ($366,773 land vs $324,202 improvements), about $43/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $690,975, 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 +44.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,283,052 by 2030, with an estimated annual tax burden around $24,133. 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 | 3,137 SF | ✗ |
| 1ST | 1st Floor | 2,073 SF | ✓ |
| 2ND | 2nd Floor | 1,064 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 483 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 224 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 1950% 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% | $5,988.55 | $5,988.55 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,854.48 | $2,854.48 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,833.00 | $2,833.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,077.60 | $2,077.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $707.32 | $707.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $652.41 | $652.41 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $15,113.36 | $15,113.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $681,030 | $690,975 | -1.4% |
| Assessed Value | $681,030 | $690,975 | -1.4% |
| Land Value | $266,744 | $366,773 | -27.3% |
| Improvement Value | $414,286 | $324,202 | +27.8% |
| Taxable Value | $544,824 | $552,780 | -1.4% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$13,683
Estimated
|
~$15,113
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $777,876 | $681,030 | -96,846 (-12.5%) |
| Taxable Value | $608,058 | $544,824 | -63,234 (-10.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $681,030 | $266,744 | $414,286 | — | $681,030 | $544,824 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $690,975 | $366,773 | $324,202 | — | $690,975 | $552,780 | ~$15,113 | Partial |
| 2024 | $628,173 | — | — | −$284,423 | $343,750 | $— | $15,201 | Verified |
| 2023 | $333,078 | — | — | −$58,078 | $275,000 | $— | $13,582 | Verified |
| 2022 | $— | — | — | — | $275,000 | $— | $8,686 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.6% | +10.0% | 97.7% | Not available | Partial |
| 2025 | -3.3% | -0.0% | ~100% | Not available | Partial |
| 2024 | +13.7% | +10.0% | 96.8% | 2.1300% | Verified |
| 2023 | +88.6% ! | +88.6% | ~100% | 2.1600% | Verified |
| 2022 | +1949.7% ! | +1949.7% | ~100% | 2.6100% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4152.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.4% | +32.4% | +44.5% | +88.6% | 2024 | -1.4% | 2026 |
| Assessment Ratio | 100.0% | 84.3% | — | 100.0% | 2025 | 54.7% | 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 |
$15,113 | $14,632 | ~$21,278 | $15,201 | 2024 | $13,582 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$995,223 | ~$760,073 | ~2.4429% | ~$18,568 | +44.0% |
| 2027 | ~$1,433,437 | ~$836,080 | ~2.3743% | ~$19,851 | +107.5% |
| 2028 | ~$2,064,605 | ~$919,688 | ~2.3058% | ~$21,206 | +198.8% |
| 2029 | ~$2,973,686 | ~$1,011,656 | ~2.2372% | ~$22,633 | +330.4% |
| 2030 | ~$4,283,052 | ~$1,112,822 | ~2.1687% | ~$24,133 | +519.9% |
| 2026 | ~$981,404 | ~$760,073 | ~2.5114% | ~$19,089 | +42.0% |
| 2027 | ~$1,393,905 | ~$836,080 | ~2.5114% | ~$20,998 | +101.7% |
| 2028 | ~$1,979,787 | ~$919,688 | ~2.5114% | ~$23,098 | +186.5% |
| 2029 | ~$2,811,926 | ~$1,011,656 | ~2.5114% | ~$25,407 | +307.0% |
| 2030 | ~$3,993,827 | ~$1,112,822 | ~2.5114% | ~$27,948 | +478.0% |
| 2026 | ~$1,009,043 | ~$760,073 | ~2.4086% | ~$18,307 | +46.0% |
| 2027 | ~$1,473,523 | ~$836,080 | ~2.3058% | ~$19,278 | +113.3% |
| 2028 | ~$2,151,811 | ~$919,688 | ~2.2029% | ~$20,260 | +211.4% |
| 2029 | ~$3,142,327 | ~$1,011,656 | ~2.1001% | ~$21,246 | +354.8% |
| 2030 | ~$4,588,794 | ~$1,112,822 | ~1.9973% | ~$22,226 | +564.1% |
In 2025, this property's market value of $690,975 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 | $690,975 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $628,173 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $333,078 | $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.