WELLS BRANCH PKWY 78660
| Owner | CHILLI PEPPERS LLC |
|---|---|
| Parcel ID | 0268280928 |
| Short ID | 953975 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 22,632 SF |
| Land SF | 129,373 SF |
| Acres | 2.970 |
| Year Built | 2023 |
| Legal | WELLS BRANCH COMMERCIAL LOTS SEC 1 LOT 2 |
| Neighborhood | NE2 |
| Land | $1,034,986 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,034,986 |
| Improvement | $3,790,992 |
|---|---|
| Total Improvement | $3,790,992 |
| Market | $4,825,978 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,825,978 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,825,978 |
| Taxable Value | $4,825,978 |
|---|
Appreciation: Market value has risen +1595.6% from $284,621 (2022) to $4,825,978 (2025), a CAGR of 156.9% over 3 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 Commercial parcel countywide rose +16.2%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $107,532. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 21% of market value ($1,034,986 land vs $3,790,992 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,825,978, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). Commercial here is the broad TCAD category — every commercial 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 +140.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $775,477,982 by 2031, with an estimated annual tax burden around $175,780. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 42,000 SF | ✗ |
| 1ST | 1st Floor | 22,632 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% | $53,418.75 | $53,418.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $25,288.95 | $25,288.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,138.20 | $18,138.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,695.76 | $5,695.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,990.06 | $4,990.06 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $107,531.72 | $107,531.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $53,418.75 | 49.7% |
| CAT City of Austin | 0.5240% | $25,288.95 | 23.5% |
| TCO Travis County | 0.3758% | $18,138.20 | 16.9% |
| THD Travis Central Health | 0.1180% | $5,695.76 | 5.3% |
| ACT Austin Community College | 0.1034% | $4,990.06 | 4.6% |
| Total | 2.2282% | $107,531.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,573,441 | $4,825,978 | +98.4% |
| Assessed Value | $5,791,174 | $4,825,978 | +20.0% |
| Land Value | $1,034,986 | $1,034,986 | +0.0% |
| Improvement Value | $8,538,455 | $3,790,992 | +125.2% |
| Taxable Value | $5,791,174 | $4,825,978 | +20.0% |
| HS Cap Loss | -$3,782,267 | — | |
| Total Tax 2026 = estimate |
~$129,038
Estimated
|
~$107,532
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,573,441 | $1,034,986 | $8,538,455 | −$3,782,267 | $5,791,174 | $5,791,174 | Not yet — post-cert | Preliminary |
| 2025 | $4,825,978 | $1,034,986 | $3,790,992 | — | $4,825,978 | $4,825,978 | ~$107,532 | Partial |
| 2024 | $10,865,638 | $1,034,986 | $9,830,652 | — | $10,865,638 | $10,865,638 | $89,898 | Verified |
| 2023 | $820,151 | $284,621 | $535,530 | — | $820,151 | $820,151 | $16,886 | Verified |
| 2022 | $284,621 | $284,621 | — | — | $284,621 | $284,621 | $6,384 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +98.4% ! | +20.0% | 60.5% | Not available | Partial |
| 2025 | -55.6% | -55.6% | ~100% | Not available | Partial |
| 2024 | +1224.8% ! | +1224.8% | ~100% | No billing data | Verified |
| 2023 | +188.2% ! | +188.2% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1595.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +98.4% | +363.9% | +140.8% | +1224.8% | 2024 | -55.6% | 2025 |
| Assessment Ratio | 60.5% | 92.1% | — | 100.0% | 2022 | 60.5% | 2026 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$107,532 | $55,175 | ~$156,269 | $107,532 | 2025 | $6,384 | 2022 |
Market value changed by 188% 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 | ~$23,055,171 | ~$6,370,291 | ~2.1595% | ~$137,566 | +140.8% |
| 2028 | ~$55,522,451 | ~$7,007,321 | ~2.0908% | ~$146,508 | +480.0% |
| 2029 | ~$133,711,546 | ~$7,708,053 | ~2.0221% | ~$155,864 | +1296.7% |
| 2030 | ~$322,009,875 | ~$8,478,858 | ~1.9534% | ~$165,625 | +3263.6% |
| 2031 | ~$775,477,982 | ~$9,326,744 | ~1.8847% | ~$175,780 | +8000.3% |
| 2027 | ~$22,863,702 | ~$6,370,291 | ~2.2282% | ~$141,942 | +138.8% |
| 2028 | ~$54,604,073 | ~$7,007,321 | ~2.2282% | ~$156,136 | +470.4% |
| 2029 | ~$130,407,788 | ~$7,708,053 | ~2.2282% | ~$171,750 | +1262.2% |
| 2030 | ~$311,445,469 | ~$8,478,858 | ~2.2282% | ~$188,925 | +3153.2% |
| 2031 | ~$743,807,417 | ~$9,326,744 | ~2.2282% | ~$207,817 | +7669.5% |
| 2027 | ~$23,246,640 | ~$6,370,291 | ~2.1251% | ~$135,377 | +142.8% |
| 2028 | ~$56,448,487 | ~$7,007,321 | ~2.0221% | ~$141,694 | +489.6% |
| 2029 | ~$137,070,635 | ~$7,708,053 | ~1.9190% | ~$147,921 | +1331.8% |
| 2030 | ~$332,840,792 | ~$8,478,858 | ~1.8160% | ~$153,976 | +3376.7% |
| 2031 | ~$808,218,276 | ~$9,326,744 | ~1.7129% | ~$159,762 | +8342.3% |
In 2025, this property's market value of $4,825,978 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 3× the county median of $1,382,921. Commercial here is the broad TCAD category — every commercial 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 | $4,825,978 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $10,865,638 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $820,151 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $284,621 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 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 | 2022–2024 | 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 | 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 | — |