4521 MODENA BAY BN TX 78641
| Owner | KAMRAN VAIBHAV & SWATI JAKHMOLA |
|---|---|
| Parcel ID | 0510580418 |
| Short ID | 947422 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 2,529 SF |
| Land SF | 7,898 SF |
| Acres | 0.181 |
| Year Built | 2021 |
| Legal | LOT 13 BLK K TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $365,008 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $365,008 |
| Improvement | $327,238 |
|---|---|
| Total Improvement | $327,238 |
| Market | $692,246 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $692,246 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $692,246 |
| Exemptions (−) (HS) | −$138,449 |
|---|---|
| Taxable Value | $553,797 |
Appreciation: Market value has risen +182.8% from $244,750 (2023) to $692,246 (2025), a CAGR of 68.2% over 2 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $13,908. 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 ($365,008 land vs $327,238 improvements), about $46/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $692,246, 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 +68.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,313,327 by 2030, with an estimated annual tax burden around $24,178. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,529 SF | ✗ |
| 1ST | 1st Floor | 1,630 SF | ✓ |
| 2ND | 2nd Floor | 899 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 230 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1406% 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% | $6,002.36 | $6,002.36 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $2,859.73 | $2,859.73 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $2,838.21 | $2,838.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,081.42 | $2,081.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $708.63 | $708.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $653.61 | $653.61 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $15,143.96 | $15,143.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $617,599 | $692,246 | -10.8% |
| Assessed Value | $617,599 | $692,246 | -10.8% |
| Land Value | $265,460 | $365,008 | -27.3% |
| Improvement Value | $352,139 | $327,238 | +7.6% |
| Taxable Value | $494,079 | $553,797 | -10.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$12,409
Estimated
|
~$15,144
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $705,424 | $617,599 | -87,825 (-12.4%) |
| Taxable Value | $564,339 | $494,079 | -70,260 (-12.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $617,599 | $265,460 | $352,139 | — | $617,599 | $494,079 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $692,246 | $365,008 | $327,238 | — | $692,246 | $553,797 | ~$15,144 | Partial |
| 2024 | $505,790 | — | — | −$162,040 | $343,750 | $— | $15,885 | Verified |
| 2023 | $244,750 | — | — | −$24,750 | $220,000 | $— | $8,602 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $6,406 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.9% | +1.9% | ~100% | Not available | Partial |
| 2025 | -5.8% | -5.8% | ~100% | Not available | Partial |
| 2024 | +81.7% ! | +81.7% | ~100% | 2.1600% | Verified |
| 2023 | +65.3% | +65.3% | ~100% | 2.1300% | Verified |
| 2022 | +1406.2% ! | +1406.2% | ~100% | 2.6200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4160.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.8% | +44.3% | +72.2% | +106.7% | 2024 | -10.8% | 2026 |
| Assessment Ratio | 100.0% | 89.5% | — | 100.0% | 2025 | 68.0% | 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 |
$15,144 | $13,210 | ~$21,318 | $15,885 | 2024 | $8,602 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,164,205 | ~$761,471 | ~2.4429% | ~$18,602 | +68.2% |
| 2027 | ~$1,957,935 | ~$837,618 | ~2.3743% | ~$19,888 | +182.8% |
| 2028 | ~$3,292,813 | ~$921,379 | ~2.3058% | ~$21,245 | +375.7% |
| 2029 | ~$5,537,783 | ~$1,013,517 | ~2.2372% | ~$22,675 | +700.0% |
| 2030 | ~$9,313,327 | ~$1,114,869 | ~2.1687% | ~$24,178 | +1245.4% |
| 2026 | ~$1,150,360 | ~$761,471 | ~2.5114% | ~$19,124 | +66.2% |
| 2027 | ~$1,911,643 | ~$837,618 | ~2.5114% | ~$21,036 | +176.2% |
| 2028 | ~$3,176,729 | ~$921,379 | ~2.5114% | ~$23,140 | +358.9% |
| 2029 | ~$5,279,020 | ~$1,013,517 | ~2.5114% | ~$25,454 | +662.6% |
| 2030 | ~$8,772,564 | ~$1,114,869 | ~2.5114% | ~$27,999 | +1167.3% |
| 2026 | ~$1,178,050 | ~$761,471 | ~2.4086% | ~$18,341 | +70.2% |
| 2027 | ~$2,004,780 | ~$837,618 | ~2.3058% | ~$19,314 | +189.6% |
| 2028 | ~$3,411,692 | ~$921,379 | ~2.2029% | ~$20,297 | +392.8% |
| 2029 | ~$5,805,945 | ~$1,013,517 | ~2.1001% | ~$21,285 | +738.7% |
| 2030 | ~$9,880,434 | ~$1,114,869 | ~1.9973% | ~$22,267 | +1327.3% |
In 2025, this property's market value of $692,246 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 | $692,246 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $505,790 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $244,750 | $25,000 | $71,500 | $271,439 | ↑ Above median | +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.