WELLS BRANCH PKWY 78660
| Owner | GREEN CITY COMMERCIAL LLC |
|---|---|
| Parcel ID | 0270281701 |
| Short ID | 953974 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 18,600 SF |
| Land SF | 99,752 SF |
| Acres | 2.290 |
| Year Built | 2023 |
| Legal | WELLS BRANCH COMMERCIAL LOTS SEC 1 LOT 1 |
| Neighborhood | NE2 |
| Land | $798,019 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $798,019 |
| Improvement | $7,759,981 |
|---|---|
| Total Improvement | $7,759,981 |
| Market | $8,558,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,558,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,558,000 |
| Taxable Value | $8,558,000 |
|---|
Appreciation: Market value has risen +3799.7% from $219,455 (2022) to $8,558,000 (2025), a CAGR of 239.1% 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 $190,688. 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 9% of market value ($798,019 land vs $7,759,981 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 $8,558,000, 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 +156.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,048,072,390 by 2031, with an estimated annual tax burden around $287,528. 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 | 18,600 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% | $94,728.50 | $94,728.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,845.37 | $44,845.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,164.82 | $32,164.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,100.41 | $10,100.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,848.97 | $8,848.97 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $190,688.07 | $190,688.07 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $94,728.50 | 49.7% |
| CAT City of Austin | 0.5240% | $44,845.37 | 23.5% |
| TCO Travis County | 0.3758% | $32,164.82 | 16.9% |
| THD Travis Central Health | 0.1180% | $10,100.41 | 5.3% |
| ACT Austin Community College | 0.1034% | $8,848.97 | 4.6% |
| Total | 2.2282% | $190,688.07 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,472,769 | $8,558,000 | +10.7% |
| Assessed Value | $9,472,769 | $8,558,000 | +10.7% |
| Land Value | $798,019 | $798,019 | +0.0% |
| Improvement Value | $8,674,750 | $7,759,981 | +11.8% |
| Taxable Value | $9,472,769 | $8,558,000 | +10.7% |
| Total Tax 2026 = estimate |
~$211,071
Estimated
|
~$190,688
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,472,769 | $798,019 | $8,674,750 | — | $9,472,769 | $9,472,769 | Not yet — post-cert | Preliminary |
| 2025 | $8,558,000 | $798,019 | $7,759,981 | — | $8,558,000 | $8,558,000 | ~$190,688 | Partial |
| 2024 | $8,731,314 | $798,019 | $7,933,295 | — | $8,731,314 | $8,731,314 | $186,694 | Verified |
| 2023 | $3,088,993 | $219,455 | $2,869,538 | — | $3,088,993 | $3,088,993 | $63,601 | Verified |
| 2022 | $219,455 | $219,455 | — | — | $219,455 | $219,455 | $4,922 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.7% | +10.7% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +182.7% ! | +182.7% | ~100% | No billing data | Verified |
| 2023 | +1307.6% ! | +1307.6% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3799.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.7% | +374.8% | +156.3% | +1307.6% | 2023 | -2.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| 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 |
$190,688 | $111,476 | ~$255,612 | $190,688 | 2025 | $4,922 | 2022 |
Market value changed by 1308% 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 | ~$24,280,622 | ~$10,420,046 | ~2.1595% | ~$225,019 | +156.3% |
| 2028 | ~$62,236,144 | ~$11,462,050 | ~2.0908% | ~$239,647 | +557.0% |
| 2029 | ~$159,523,822 | ~$12,608,256 | ~2.0221% | ~$254,950 | +1584.0% |
| 2030 | ~$408,891,812 | ~$13,869,081 | ~1.9534% | ~$270,917 | +4216.5% |
| 2031 | ~$1,048,072,390 | ~$15,255,989 | ~1.8847% | ~$287,528 | +10964.1% |
| 2027 | ~$24,091,167 | ~$10,420,046 | ~2.2282% | ~$232,178 | +154.3% |
| 2028 | ~$61,268,709 | ~$11,462,050 | ~2.2282% | ~$255,396 | +546.8% |
| 2029 | ~$155,818,715 | ~$12,608,256 | ~2.2282% | ~$280,935 | +1544.9% |
| 2030 | ~$396,278,497 | ~$13,869,081 | ~2.2282% | ~$309,029 | +4083.3% |
| 2031 | ~$1,007,816,345 | ~$15,255,989 | ~2.2282% | ~$339,932 | +10539.1% |
| 2027 | ~$24,470,078 | ~$10,420,046 | ~2.1251% | ~$221,440 | +158.3% |
| 2028 | ~$63,211,158 | ~$11,462,050 | ~2.0221% | ~$231,773 | +567.3% |
| 2029 | ~$163,287,203 | ~$12,608,256 | ~1.9190% | ~$241,958 | +1623.8% |
| 2030 | ~$421,803,863 | ~$13,869,081 | ~1.8160% | ~$251,862 | +4352.8% |
| 2031 | ~$1,089,604,665 | ~$15,255,989 | ~1.7129% | ~$261,327 | +11402.5% |
In 2025, this property's market value of $8,558,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× 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 | $8,558,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,731,314 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $3,088,993 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $219,455 | $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 | — |