4517 MODENA BAY BN TX 78641
| Owner | SEN JYOTI & NILAM ROY |
|---|---|
| Parcel ID | 0510580417 |
| Short ID | 947421 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,508 SF |
| Land SF | 8,281 SF |
| Acres | 0.190 |
| Year Built | 2022 |
| Legal | LOT 14 BLK K TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $292,986 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $292,986 |
| Improvement | $399,515 |
|---|---|
| Total Improvement | $399,515 |
| Market | $692,501 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $692,501 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $692,501 |
| Exemptions (−) (HS) | −$138,500 |
|---|---|
| Taxable Value | $554,001 |
Appreciation: Market value has fallen -11.1% from $779,327 (2024) to $692,501 (2025), a CAGR of -11.1% over 1 year. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $13,913. 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 42% of market value ($292,986 land vs $399,515 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $692,501, 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 -11.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $383,640 by 2030, with an estimated annual tax burden around $8,320. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,508 SF | ✗ |
| 1ST | 1st Floor | 1,460 SF | ✓ |
| 2ND | 2nd Floor | 1,048 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 212 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 132 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 410 | OUTDOOR KITCHEN | 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% | $6,005.13 | $6,005.13 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,860.79 | $2,860.79 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,839.25 | $2,839.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,082.19 | $2,082.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $708.89 | $708.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $653.85 | $653.85 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $15,150.10 | $15,150.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $595,302 | $692,501 | -14.0% |
| Assessed Value | $595,302 | $692,501 | -14.0% |
| Land Value | $213,081 | $292,986 | -27.3% |
| Improvement Value | $382,221 | $399,515 | -4.3% |
| Taxable Value | $476,242 | $554,001 | -14.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$11,961
Estimated
|
~$15,150
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $679,957 | $595,302 | -84,655 (-12.5%) |
| Taxable Value | $543,966 | $476,242 | -67,724 (-12.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $595,302 | $213,081 | $382,221 | — | $595,302 | $476,242 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $692,501 | $292,986 | $399,515 | — | $692,501 | $554,001 | ~$15,150 | Partial |
| 2024 | $779,327 | — | — | −$504,327 | $275,000 | $— | $14,398 | Verified |
| 2023 | $— | — | — | — | $275,000 | $— | $17,117 | Verified |
| 2022 | $— | — | — | — | $68,750 | $— | $1,800 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2025 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2024 | -12.3% | -12.3% | ~100% | 2.1100% | Verified |
| 2023 | +1033.6% ! | +1033.6% | ~100% | 2.2000% | 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): +4161.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.0% | -12.6% | -8.2% | -11.1% | 2025 | -14.0% | 2026 |
| Assessment Ratio | 100.0% | 78.4% | — | 100.0% | 2025 | 35.3% | 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 |
$15,150 | $14,774 | ~$11,439 | $15,150 | 2025 | $14,398 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$615,348 | ~$615,348 | ~2.4429% | ~$15,032 | -11.1% |
| 2027 | ~$546,792 | ~$546,792 | ~2.3743% | ~$12,983 | -21.0% |
| 2028 | ~$485,873 | ~$485,873 | ~2.3058% | ~$11,203 | -29.8% |
| 2029 | ~$431,741 | ~$431,741 | ~2.2372% | ~$9,659 | -37.7% |
| 2030 | ~$383,640 | ~$383,640 | ~2.1687% | ~$8,320 | -44.6% |
| 2026 | ~$657,876 | ~$657,876 | ~2.5114% | ~$16,522 | -5.0% |
| 2027 | ~$624,982 | ~$624,982 | ~2.5114% | ~$15,696 | -9.8% |
| 2028 | ~$593,733 | ~$593,733 | ~2.5114% | ~$14,911 | -14.3% |
| 2029 | ~$564,046 | ~$564,046 | ~2.5114% | ~$14,166 | -18.5% |
| 2030 | ~$535,844 | ~$535,844 | ~2.5114% | ~$13,457 | -22.6% |
| 2026 | ~$629,198 | ~$629,198 | ~2.4086% | ~$15,155 | -9.1% |
| 2027 | ~$571,682 | ~$571,682 | ~2.3058% | ~$13,182 | -17.4% |
| 2028 | ~$519,424 | ~$519,424 | ~2.2029% | ~$11,443 | -25.0% |
| 2029 | ~$471,943 | ~$471,943 | ~2.1001% | ~$9,911 | -31.8% |
| 2030 | ~$428,802 | ~$428,802 | ~1.9973% | ~$8,564 | -38.1% |
In 2025, this property's market value of $692,501 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 | $692,501 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $779,327 | $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.