1605 NOKOTA CT TX 78641
| Owner | ENVOGUE BUILDER LLC & AKIF RAHMAN |
|---|---|
| Parcel ID | 0512401206 |
| Short ID | 831020 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 21,606 SF |
| Acres | 0.496 |
| Year Built | — |
| Legal | LOT 6 BLK Q FAIRWAYS AT CRYSTAL FALLS SEC 5 THE AMENDED |
| Neighborhood | T2700 |
| Land | $344,290 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $344,290 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $344,290 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $344,290 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $344,290 |
| Taxable Value | $344,290 |
|---|
Appreciation: Market value has risen +391.8% from $70,000 (2021) to $344,290 (2025), a CAGR of 48.9% 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 $7,235. 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 ($344,290 land vs $0 improvements), about $16/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 $344,290, this parcel sits in the upper-middle (50th–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 +48.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,521,781 by 2030, with an estimated annual tax burden around $43,877. 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 257% 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% | $3,742.09 | $3,742.09 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $1,436.66 | $1,436.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,294.00 | $1,294.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $406.34 | $406.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $356.00 | $356.00 | Paid |
| Combined Rate | 2.3907% | 2.2225% | 2.0299% | 2.0579% | 2.1014% | +0.0436% | $7,235.09 | $7,235.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $275,000 | $344,290 | -20.1% |
| Assessed Value | $275,000 | $344,290 | -20.1% |
| Land Value | $344,290 | $344,290 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $275,000 | $344,290 | -20.1% |
| Total Tax 2026 = estimate |
~$5,779
Estimated
|
~$7,235
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $344,290 | $275,000 | -69,290 (-20.1%) |
| Taxable Value | $344,290 | $275,000 | -69,290 (-20.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $275,000 | $344,290 | — | — | $275,000 | $275,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $344,290 | $344,290 | — | — | $344,290 | $344,290 | ~$7,235 | Partial |
| 2024 | $— | — | — | — | $350,000 | $— | $6,174 | Verified |
| 2023 | $— | — | — | — | $250,000 | $— | $5,075 | Verified |
| 2022 | $— | — | — | — | $70,000 | $— | $1,556 | Verified |
| 2021 | $70,000 | — | — | — | $70,000 | $— | $1,673 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.6% | +14.8% | ~100% | Not available | Partial |
| 2024 | +40.0% | +20.0% | 85.7% | 1.7600% | Verified |
| 2023 | +257.1% ! | +257.1% | ~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): +391.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.1% | +185.8% | +56.4% | +391.8% | 2025 | -20.1% | 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 |
$7,235 | $4,454 | ~$24,268 | $7,235 | 2025 | $1,673 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$512,721 | ~$512,721 | ~2.0291% | ~$10,404 | +48.9% |
| 2027 | ~$763,550 | ~$763,550 | ~1.9568% | ~$14,941 | +121.8% |
| 2028 | ~$1,137,088 | ~$1,137,088 | ~1.8845% | ~$21,429 | +230.3% |
| 2029 | ~$1,693,366 | ~$1,693,366 | ~1.8122% | ~$30,688 | +391.8% |
| 2030 | ~$2,521,781 | ~$2,521,781 | ~1.7399% | ~$43,877 | +632.5% |
| 2026 | ~$505,835 | ~$505,835 | ~2.1014% | ~$10,630 | +46.9% |
| 2027 | ~$743,179 | ~$743,179 | ~2.1014% | ~$15,618 | +115.9% |
| 2028 | ~$1,091,888 | ~$1,091,888 | ~2.1014% | ~$22,945 | +217.1% |
| 2029 | ~$1,604,215 | ~$1,604,215 | ~2.1014% | ~$33,712 | +365.9% |
| 2030 | ~$2,356,932 | ~$2,356,932 | ~2.1014% | ~$49,530 | +584.6% |
| 2026 | ~$519,607 | ~$519,607 | ~1.9930% | ~$10,356 | +50.9% |
| 2027 | ~$784,197 | ~$784,197 | ~1.8845% | ~$14,778 | +127.8% |
| 2028 | ~$1,183,519 | ~$1,183,519 | ~1.7761% | ~$21,020 | +243.8% |
| 2029 | ~$1,786,182 | ~$1,786,182 | ~1.6676% | ~$29,787 | +418.8% |
| 2030 | ~$2,695,727 | ~$2,695,727 | ~1.5591% | ~$42,030 | +683.0% |
In 2025, this property's market value of $344,290 places it in the 50th–75th percentile 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 | $344,290 | $24,862 | $85,028 | $363,420 | ↑ Above median | +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 | $70,000 | $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.