JOHN HENRY FAULK DR TX 78660
| Owner | EDENBROOK RIDGE LLC |
|---|---|
| Parcel ID | 0267310401 |
| Short ID | 897803 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 277,200 SF |
| Land SF | 748,796 SF |
| Acres | 17.190 |
| Year Built | 2024 |
| Legal | LOT 3 BLK B VILLAGE AT NORTHTOWN SEC 3 (1-D-1W) (1-D-1W) |
| Neighborhood | 1NE2 |
| Land | $1,871,991 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,871,991 |
| Improvement | $41,779,916 |
|---|---|
| Total Improvement | $41,779,916 |
| Market | $43,651,907 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,651,907 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,651,907 |
| Taxable Value | $43,651,907 |
|---|
Appreciation: Market value has risen +1450.4% from $2,815,474 (2021) to $43,651,907 (2025), a CAGR of 98.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.2440% in 2025 (+0.0313% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $979,563. Pflugerville ISD is the largest single contributor, at 49.3% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 4% of market value ($1,871,991 land vs $41,779,916 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,651,907, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +135.2% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,115,875,362 by 2031, with an estimated annual tax burden around $1,650,245. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 277,200 SF | ✓ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $483,182.96 | $483,182.96 | Paid |
| U84 Northtown MUD | 0.6150% | 0.5725% | 0.5525% | 0.5225% | 0.5200% | -0.0025% | $226,989.92 | $226,989.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $164,063.51 | $164,063.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,519.29 | $51,519.29 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $40,493.69 | $40,493.69 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $13,313.83 | $13,313.83 | Paid |
| Combined Rate | 2.6072% | 2.3585% | 2.1673% | 2.2127% | 2.2440% | +0.0313% | $979,563.20 | $979,563.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $483,182.96 | 49.3% |
| U84 Northtown MUD | 0.5200% | $226,989.92 | 23.2% |
| TCO Travis County | 0.3758% | $164,063.51 | 16.7% |
| THD Travis Central Health | 0.1180% | $51,519.29 | 5.3% |
| E02 Travis County ESD # 02 | 0.0928% | $40,493.69 | 4.1% |
| E17 Travis County ESD #17 | 0.0305% | $13,313.83 | 1.4% |
| Total | 2.2440% | $979,563.20 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $57,241,040 | $43,651,907 | +31.1% |
| Assessed Value | $57,241,040 | $43,651,907 | +31.1% |
| Land Value | $1,871,991 | $1,871,991 | +0.0% |
| Improvement Value | $55,369,049 | $41,779,916 | +32.5% |
| Taxable Value | $57,241,040 | $43,651,907 | +31.1% |
| Total Tax 2026 = estimate |
~$1,284,508
Estimated
|
~$979,563
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $57,241,040 | $1,871,991 | $55,369,049 | — | $57,241,040 | $57,241,040 | Not yet — post-cert | Preliminary |
| 2025 | $43,651,907 | $1,871,991 | $41,779,916 | — | $43,651,907 | $43,651,907 | ~$979,563 | Partial |
| 2024 | $40,848,529 | $1,871,991 | $38,976,538 | — | $40,848,529 | $40,848,529 | $903,861 | Verified |
| 2023 | $32,191,248 | $1,871,991 | $30,319,257 | — | $32,191,248 | $32,191,248 | $365,805 | Verified |
| 2022 | $1,871,991 | $3,743,982 | — | — | $1,871,991 | $1,871,991 | $44,151 | Verified |
| 2021 | $2,815,474 | $1,407,737 | — | −$1,405,866 | $1,409,608 | $1,871 | $27,375 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.1% | +31.1% | ~100% | Not available | Partial |
| 2025 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2024 | +26.9% | +26.9% | ~100% | No billing data | Verified |
| 2023 | +1619.6% ! | +1619.6% | ~100% | No billing data | Verified |
| 2022 | -33.5% | +32.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | 50.1% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1450.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.1% | +330.2% | +135.2% | +1619.6% | 2023 | -33.5% | 2022 |
| Assessment Ratio | 100.0% | 91.7% | — | 100.0% | 2022 | 50.1% | 2021 |
| Effective Tax Rate (2025) | 2.2400% | 2.2400% | — | 2.2400% | 2025 | 2.2400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$979,563 | $464,151 | ~$1,502,603 | $979,563 | 2025 | $27,375 | 2021 |
Market value changed by 1620% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$134,604,152 | ~$62,965,144 | ~2.1532% | ~$1,355,795 | +135.2% |
| 2028 | ~$316,526,004 | ~$69,261,658 | ~2.0625% | ~$1,428,494 | +453.0% |
| 2029 | ~$744,321,108 | ~$76,187,824 | ~1.9717% | ~$1,502,175 | +1200.3% |
| 2030 | ~$1,750,295,092 | ~$83,806,607 | ~1.8809% | ~$1,576,308 | +2957.8% |
| 2031 | ~$4,115,875,362 | ~$92,187,267 | ~1.7901% | ~$1,650,245 | +7090.4% |
| 2027 | ~$133,459,331 | ~$62,965,144 | ~2.2440% | ~$1,412,959 | +133.2% |
| 2028 | ~$311,164,735 | ~$69,261,658 | ~2.2440% | ~$1,554,254 | +443.6% |
| 2029 | ~$725,490,615 | ~$76,187,824 | ~2.2440% | ~$1,709,680 | +1167.4% |
| 2030 | ~$1,691,504,768 | ~$83,806,607 | ~2.2440% | ~$1,880,648 | +2855.1% |
| 2031 | ~$3,943,797,923 | ~$92,187,267 | ~2.2440% | ~$2,068,713 | +6789.8% |
| 2027 | ~$135,748,973 | ~$62,965,144 | ~2.1079% | ~$1,327,213 | +137.2% |
| 2028 | ~$321,933,067 | ~$69,261,658 | ~1.9717% | ~$1,365,614 | +462.4% |
| 2029 | ~$763,474,651 | ~$76,187,824 | ~1.8355% | ~$1,398,423 | +1233.8% |
| 2030 | ~$1,810,604,760 | ~$83,806,607 | ~1.6993% | ~$1,424,137 | +3063.1% |
| 2031 | ~$4,293,907,586 | ~$92,187,267 | ~1.5631% | ~$1,441,011 | +7401.4% |
In 2025, this property's market value of $43,651,907 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 84× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $43,651,907 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $40,848,529 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $32,191,248 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,871,991 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,815,474 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |