920 TREVI FONTANA DR TX 78641
| Owner | ALLA SARAN TEJA REDDY & SRINIDHI REDDY CHANCHARAM |
|---|---|
| Parcel ID | 0512550302 |
| Short ID | 947465 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 4,582 SF |
| Land SF | 9,480 SF |
| Acres | 0.218 |
| Year Built | 2021 |
| Legal | LOT 8 BLK F TRAVISSO PHS 3 SEC 8 |
| Neighborhood | T4500 |
| Land | $370,067 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $370,067 |
| Improvement | $625,051 |
|---|---|
| Total Improvement | $625,051 |
| Market | $995,118 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $995,118 |
| Value Limitation Adjustment (−) (homestead cap) | −$177,602 |
| Net Appraised (assessed) | $817,516 |
| Exemptions (−) (HS) | −$163,503 |
|---|---|
| Taxable Value | $654,013 |
Appreciation: Market value has risen +274.4% from $265,757 (2023) to $995,118 (2025), a CAGR of 93.5% 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 $16,425. Leander ISD is the largest single contributor, at 40.6% of the total 2025 levy.
Assessment Gap: Assessed value ($817,516) is $177,602 below market value, suggesting potential for an upward assessment in future years.
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 37% of market value ($370,067 land vs $625,051 improvements), about $39/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $995,118, 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 +93.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $26,999,098 by 2030, with an estimated annual tax burden around $28,553. 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 | 4,582 SF | ✗ |
| 1ST | 1st Floor | 2,868 SF | ✓ |
| 2ND | 2nd Floor | 1,714 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 692 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 522 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 1535% 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% | $7,363.92 | $7,363.92 | Paid |
| CLE City of Leander | 0.4797% | 0.4323% | 0.4173% | 0.4173% | 0.4173% | +0.0000% | $3,377.23 | $3,377.23 | Paid |
| U7P Travis County MUD #20 | 0.3950% | 0.3950% | 0.3950% | 0.3950% | 0.4100% | +0.0150% | $3,351.82 | $3,351.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,458.08 | $2,458.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $836.86 | $836.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $771.89 | $771.89 | Paid |
| Combined Rate | 2.7857% | 2.6175% | 2.4249% | 2.4529% | 2.5114% | +0.0586% | $18,159.80 | $18,159.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $864,595 | $995,118 | -13.1% |
| Assessed Value | $864,595 | $817,516 | +5.8% |
| Land Value | $269,140 | $370,067 | -27.3% |
| Improvement Value | $595,455 | $625,051 | -4.7% |
| Taxable Value | $691,676 | $654,013 | +5.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$17,371
Estimated
|
~$18,160
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $987,544 | $864,595 | -122,949 (-12.4%) |
| Taxable Value | $719,414 | $691,676 | -27,738 (-3.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $864,595 | $269,140 | $595,455 | — | $864,595 | $691,676 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $995,118 | $370,067 | $625,051 | −$177,602 | $817,516 | $654,013 | ~$18,160 | Partial |
| 2024 | $969,779 | — | — | −$626,029 | $343,750 | $— | $16,432 | Verified |
| 2023 | $265,757 | — | — | — | $275,000 ! | $— | $19,062 | Verified |
| 2022 | $— | — | — | — | $220,000 | $— | $6,892 | Verified |
| 2021 | $— | — | — | — | $16,250 | $— | $453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.8% | +10.0% | 91.1% | Not available | Partial |
| 2025 | -10.3% | +10.0% | 82.2% | Not available | Partial |
| 2024 | +5.6% | -29.3% | 67.0% | 1.4800% | Verified |
| 2023 | +295.4% ! | +295.4% | ~100% | 1.8100% | Verified |
| 2022 | +1535.4% ! | +1535.4% | ~100% | 2.5900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6023.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.1% | +84.8% | +99.3% | +264.9% | 2024 | -13.1% | 2026 |
| Assessment Ratio | 100.0% | 80.3% | — | 103.5% | 2023 | 35.4% | 2024 |
| Effective Tax Rate (2025) | 1.8200% | 1.8200% | — | 1.8200% | 2025 | 1.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,160 | $17,885 | ~$25,175 | $19,062 | 2023 | $16,432 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,925,615 | ~$899,268 | ~2.4429% | ~$21,968 | +93.5% |
| 2027 | ~$3,726,185 | ~$989,194 | ~2.3743% | ~$23,487 | +274.4% |
| 2028 | ~$7,210,400 | ~$1,088,114 | ~2.3058% | ~$25,090 | +624.6% |
| 2029 | ~$13,952,574 | ~$1,196,925 | ~2.2372% | ~$26,778 | +1302.1% |
| 2030 | ~$26,999,098 | ~$1,316,618 | ~2.1687% | ~$28,553 | +2613.2% |
| 2026 | ~$1,905,713 | ~$899,268 | ~2.5114% | ~$22,585 | +91.5% |
| 2027 | ~$3,649,559 | ~$989,194 | ~2.5114% | ~$24,843 | +266.7% |
| 2028 | ~$6,989,132 | ~$1,088,114 | ~2.5114% | ~$27,327 | +602.3% |
| 2029 | ~$13,384,623 | ~$1,196,925 | ~2.5114% | ~$30,060 | +1245.0% |
| 2030 | ~$25,632,386 | ~$1,316,618 | ~2.5114% | ~$33,066 | +2475.8% |
| 2026 | ~$1,945,518 | ~$899,268 | ~2.4086% | ~$21,660 | +95.5% |
| 2027 | ~$3,803,608 | ~$989,194 | ~2.3058% | ~$22,809 | +282.2% |
| 2028 | ~$7,436,290 | ~$1,088,114 | ~2.2029% | ~$23,971 | +647.3% |
| 2029 | ~$14,538,410 | ~$1,196,925 | ~2.1001% | ~$25,137 | +1361.0% |
| 2030 | ~$28,423,497 | ~$1,316,618 | ~1.9973% | ~$26,296 | +2756.3% |
In 2025, this property's market value of $995,118 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 12× 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 | $995,118 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $969,779 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $265,757 | $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.