1505 WELLS BRANCH PKWY TX 78660
| Owner | RISHEL GROUP LIMITED |
|---|---|
| Parcel ID | 0270260119 |
| Short ID | 462932 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,600 SF |
| Land SF | 29,185 SF |
| Acres | 0.670 |
| Year Built | 1993 |
| Legal | LOT 1 BLK C WELLS POINT COMMERCIAL SEC 2 |
| Neighborhood | 30PFL/FNE |
| Land | $408,590 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $408,590 |
| Improvement | $642,479 |
|---|---|
| Total Improvement | $642,479 |
| Market | $1,051,069 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,051,069 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,051,069 |
| Taxable Value | $1,051,069 |
|---|
Appreciation: Market value has risen +8.8% from $966,263 (2021) to $1,051,069 (2025), a CAGR of 2.1% over 4 years. Growth has been relatively flat for this asset class. 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 +17.8%, so this parcel has lagged 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 $23,420. 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 39% of market value ($408,590 land vs $642,479 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~33 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,051,069, this parcel sits in the lower-middle (25th–50th 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 +2.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,249,819 by 2031, with an estimated annual tax burden around $23,555. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,165 SF | ✗ |
| 1ST | 1st Floor | 6,600 SF | ✓ |
| 611 | TERRACE | 6,600 SF | ✗ |
| 501 | CANOPY | 875 SF | ✗ |
| 482 | LIGHT POLES | 1 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% | $11,634.28 | $11,634.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,507.78 | $5,507.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,950.39 | $3,950.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,240.50 | $1,240.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,086.81 | $1,086.81 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $23,419.76 | $23,419.76 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $11,634.28 | 49.7% |
| CAT City of Austin | 0.5240% | $5,507.78 | 23.5% |
| TCO Travis County | 0.3758% | $3,950.39 | 16.9% |
| THD Travis Central Health | 0.1180% | $1,240.50 | 5.3% |
| ACT Austin Community College | 0.1034% | $1,086.81 | 4.6% |
| Total | 2.2282% | $23,419.76 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,098,933 | $1,051,069 | +4.6% |
| Assessed Value | $1,098,933 | $1,051,069 | +4.6% |
| Land Value | $408,590 | $408,590 | +0.0% |
| Improvement Value | $690,343 | $642,479 | +7.4% |
| Taxable Value | $1,098,933 | $1,051,069 | +4.6% |
| Total Tax 2026 = estimate |
~$24,486
Estimated
|
~$23,420
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,098,933 | $408,590 | $690,343 | — | $1,098,933 | $1,098,933 | Not yet — post-cert | Preliminary |
| 2025 | $1,051,069 | $408,590 | $642,479 | — | $1,051,069 | $1,051,069 | ~$23,420 | Partial |
| 2024 | $1,058,264 | $408,590 | $649,674 | — | $1,058,264 | $1,058,264 | $22,628 | Verified |
| 2023 | $998,000 | $408,590 | $589,410 | — | $998,000 | $998,000 | $20,548 | Verified |
| 2022 | $992,542 | $408,590 | $583,952 | — | $992,542 | $992,542 | $22,262 | Verified |
| 2021 | $966,263 | $408,590 | $557,673 | — | $966,263 | $966,263 | $24,185 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2025 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2024 | +6.0% | +6.0% | ~100% | No billing data | Verified |
| 2023 | +0.5% | +0.5% | ~100% | No billing data | Verified |
| 2022 | +2.7% | +2.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.6% | +2.6% | +2.6% | +6.0% | 2024 | -0.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$23,420 | $22,609 | ~$23,979 | $24,185 | 2021 | $20,548 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,127,577 | ~$1,127,577 | ~2.1595% | ~$24,350 | +2.6% |
| 2028 | ~$1,156,969 | ~$1,156,969 | ~2.0908% | ~$24,190 | +5.3% |
| 2029 | ~$1,187,126 | ~$1,187,126 | ~2.0221% | ~$24,005 | +8.0% |
| 2030 | ~$1,218,069 | ~$1,218,069 | ~1.9534% | ~$23,794 | +10.8% |
| 2031 | ~$1,249,819 | ~$1,249,819 | ~1.8847% | ~$23,555 | +13.7% |
| 2027 | ~$1,105,599 | ~$1,105,599 | ~2.2282% | ~$24,635 | +0.6% |
| 2028 | ~$1,112,305 | ~$1,112,305 | ~2.2282% | ~$24,784 | +1.2% |
| 2029 | ~$1,119,052 | ~$1,119,052 | ~2.2282% | ~$24,935 | +1.8% |
| 2030 | ~$1,125,840 | ~$1,125,840 | ~2.2282% | ~$25,086 | +2.4% |
| 2031 | ~$1,132,669 | ~$1,132,669 | ~2.2282% | ~$25,238 | +3.1% |
| 2027 | ~$1,149,556 | ~$1,149,556 | ~2.1251% | ~$24,430 | +4.6% |
| 2028 | ~$1,202,511 | ~$1,202,511 | ~2.0221% | ~$24,316 | +9.4% |
| 2029 | ~$1,257,906 | ~$1,257,906 | ~1.9190% | ~$24,140 | +14.5% |
| 2030 | ~$1,315,852 | ~$1,315,852 | ~1.8160% | ~$23,896 | +19.7% |
| 2031 | ~$1,376,468 | ~$1,376,468 | ~1.7129% | ~$23,578 | +25.3% |
In 2025, this property's market value of $1,051,069 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -24% below 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 | $1,051,069 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,058,264 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $998,000 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $992,542 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $966,263 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |