1601 NOKOTA CT TX 78641
| Owner | ENVOGUE BUILDER LLC & AKIF RAHMAN |
|---|---|
| Parcel ID | 0512401205 |
| Short ID | 831019 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 24,253 SF |
| Acres | 0.557 |
| Year Built | — |
| Legal | LOT 5 BLK Q FAIRWAYS AT CRYSTAL FALLS SEC 5 THE AMENDED |
| Neighborhood | T2700 |
| Land | $371,928 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $371,928 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $371,928 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $371,928 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $371,928 |
| Taxable Value | $371,928 |
|---|
Appreciation: Market value has risen +383.0% from $77,000 (2021) to $371,928 (2025), a CAGR of 48.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 +487.2%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.1014% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,816. Leander ISD is the largest single contributor, at 51.7% 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 100% of market value ($371,928 land vs $0 improvements), about $15/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $371,928, 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 +48.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,663,294 by 2030, with an estimated annual tax burden around $46,339. 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.
Market value changed by 306% in 2023, 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% | $4,042.49 | $4,042.49 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $1,551.99 | $1,551.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,397.87 | $1,397.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $438.96 | $438.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $384.57 | $384.57 | Paid |
| Combined Rate | 2.3907% | 2.2225% | 2.0299% | 2.0579% | 2.1014% | +0.0436% | $7,815.88 | $7,815.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $275,000 | $371,928 | -26.1% |
| Assessed Value | $275,000 | $371,928 | -26.1% |
| Land Value | $371,928 | $371,928 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $275,000 | $371,928 | -26.1% |
| Total Tax 2026 = estimate |
~$5,779
Estimated
|
~$7,816
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $371,928 | $275,000 | -96,928 (-26.1%) |
| Taxable Value | $371,928 | $275,000 | -96,928 (-26.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $275,000 | $371,928 | — | — | $275,000 | $275,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $371,928 | $371,928 | — | — | $371,928 | $371,928 | ~$7,816 | Partial |
| 2024 | $— | — | — | — | $437,500 | $— | $7,717 | Verified |
| 2023 | $— | — | — | — | $312,500 | $— | $6,344 | Verified |
| 2022 | $— | — | — | — | $77,000 | $— | $1,711 | Verified |
| 2021 | $77,000 | — | — | — | $77,000 | $— | $1,841 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -15.0% | -0.8% | ~100% | Not available | Partial |
| 2024 | +40.0% | +20.0% | 85.7% | 1.7600% | Verified |
| 2023 | +305.8% ! | +305.8% | ~100% | 2.0300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2200% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +383.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.1% | +178.4% | +58.7% | +383.0% | 2025 | -26.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1000% | 2.1000% | — | 2.1000% | 2025 | 2.1000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,816 | $4,828 | ~$25,783 | $7,816 | 2025 | $1,841 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$551,380 | ~$551,380 | ~2.0291% | ~$11,188 | +48.2% |
| 2027 | ~$817,416 | ~$817,416 | ~1.9568% | ~$15,995 | +119.8% |
| 2028 | ~$1,211,811 | ~$1,211,811 | ~1.8845% | ~$22,837 | +225.8% |
| 2029 | ~$1,796,499 | ~$1,796,499 | ~1.8122% | ~$32,557 | +383.0% |
| 2030 | ~$2,663,294 | ~$2,663,294 | ~1.7399% | ~$46,339 | +616.1% |
| 2026 | ~$543,941 | ~$543,941 | ~2.1014% | ~$11,431 | +46.2% |
| 2027 | ~$795,509 | ~$795,509 | ~2.1014% | ~$16,717 | +113.9% |
| 2028 | ~$1,163,425 | ~$1,163,425 | ~2.1014% | ~$24,449 | +212.8% |
| 2029 | ~$1,701,498 | ~$1,701,498 | ~2.1014% | ~$35,756 | +357.5% |
| 2030 | ~$2,488,426 | ~$2,488,426 | ~2.1014% | ~$52,293 | +569.1% |
| 2026 | ~$558,818 | ~$558,818 | ~1.9930% | ~$11,137 | +50.2% |
| 2027 | ~$839,620 | ~$839,620 | ~1.8845% | ~$15,823 | +125.7% |
| 2028 | ~$1,261,521 | ~$1,261,521 | ~1.7761% | ~$22,405 | +239.2% |
| 2029 | ~$1,895,424 | ~$1,895,424 | ~1.6676% | ~$31,608 | +409.6% |
| 2030 | ~$2,847,857 | ~$2,847,857 | ~1.5591% | ~$44,402 | +665.7% |
In 2025, this property's market value of $371,928 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 4× 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 | $371,928 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $77,000 | $6,000 | $14,480 | $80,000 | ↑ Above median | 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.