1101 F M RD 685 TX 78660
| Owner | MHR LANDLORD LLC |
|---|---|
| Parcel ID | 0274460201 |
| Short ID | 463137 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,260 SF |
| Land SF | 48,830 SF |
| Acres | 1.121 |
| Year Built | 2022 |
| Legal | LOT 6 BLK A 685 BUSINESS PARK |
| Neighborhood | 33PFL/FNE |
| Land | $976,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $976,600 |
| Improvement | $66,332 |
|---|---|
| Total Improvement | $66,332 |
| Market | $1,042,932 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,042,932 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,042,932 |
| Taxable Value | $1,042,932 |
|---|
Appreciation: Market value has fallen -2.6% from $1,070,591 (2021) to $1,042,932 (2025), a CAGR of -0.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 2.2285% in 2025 (+0.0325% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $23,242. 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 94% of market value ($976,600 land vs $66,332 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,042,932, 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 -0.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,019,777 by 2031, with an estimated annual tax burden around $20,114. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 29,720 SF | ✗ |
| 501 | CANOPY | 2,786 SF | ✗ |
| 1ST | 1st Floor | 1,260 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% | $11,544.21 | $11,544.21 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $5,579.69 | $5,579.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,919.81 | $3,919.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,230.90 | $1,230.90 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $967.48 | $967.48 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $23,242.09 | $23,242.09 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $11,544.21 | 49.7% |
| CPF City of Pflugerville | 0.5350% | $5,579.69 | 24.0% |
| TCO Travis County | 0.3758% | $3,919.81 | 16.9% |
| THD Travis Central Health | 0.1180% | $1,230.90 | 5.3% |
| E02 Travis County ESD # 02 | 0.0928% | $967.48 | 4.2% |
| Total | 2.2285% | $23,242.09 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,044,875 | $1,042,932 | +0.2% |
| Assessed Value | $1,044,875 | $1,042,932 | +0.2% |
| Land Value | $976,600 | $976,600 | +0.0% |
| Improvement Value | $68,275 | $66,332 | +2.9% |
| Taxable Value | $1,044,875 | $1,042,932 | +0.2% |
| Total Tax 2026 = estimate |
~$23,285
Estimated
|
~$23,242
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,044,875 | $976,600 | $68,275 | — | $1,044,875 | $1,044,875 | Not yet — post-cert | Preliminary |
| 2025 | $1,042,932 | $976,600 | $66,332 | — | $1,042,932 | $1,042,932 | ~$23,242 | Partial |
| 2024 | $1,042,588 | $976,600 | $65,988 | −$82,588 | $960,000 | $960,000 | $21,082 | Verified |
| 2023 | $834,472 | $585,960 | $248,512 | — | $834,472 | $834,472 | $17,024 | Verified |
| 2022 | $585,960 | $585,960 | — | — | $585,960 | $585,960 | $12,047 | Verified |
| 2021 | $1,070,591 | $585,960 | $484,631 | — | $1,070,591 | $1,070,591 | $26,053 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +8.6% | ~100% | Not available | Partial |
| 2024 | +24.9% | +15.0% | 92.1% | No billing data | Verified |
| 2023 | +42.4% | +42.4% | ~100% | No billing data | Verified |
| 2022 | -45.3% | -45.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +4.4% | -0.5% | +42.4% | 2023 | -45.3% | 2022 |
| Assessment Ratio | 100.0% | 98.7% | — | 100.0% | 2021 | 92.1% | 2024 |
| 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 |
$23,242 | $19,890 | ~$21,371 | $26,053 | 2021 | $12,047 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,039,806 | ~$1,039,806 | ~2.1773% | ~$22,640 | -0.5% |
| 2028 | ~$1,034,762 | ~$1,034,762 | ~2.1261% | ~$22,000 | -1.0% |
| 2029 | ~$1,029,743 | ~$1,029,743 | ~2.0748% | ~$21,365 | -1.4% |
| 2030 | ~$1,024,748 | ~$1,024,748 | ~2.0236% | ~$20,737 | -1.9% |
| 2031 | ~$1,019,777 | ~$1,019,777 | ~1.9724% | ~$20,114 | -2.4% |
| 2027 | ~$1,018,909 | ~$1,018,909 | ~2.2285% | ~$22,707 | -2.5% |
| 2028 | ~$993,588 | ~$993,588 | ~2.2285% | ~$22,142 | -4.9% |
| 2029 | ~$968,897 | ~$968,897 | ~2.2285% | ~$21,592 | -7.3% |
| 2030 | ~$944,819 | ~$944,819 | ~2.2285% | ~$21,056 | -9.6% |
| 2031 | ~$921,339 | ~$921,339 | ~2.2285% | ~$20,532 | -11.8% |
| 2027 | ~$1,060,704 | ~$1,060,704 | ~2.1517% | ~$22,823 | +1.5% |
| 2028 | ~$1,076,773 | ~$1,076,773 | ~2.0748% | ~$22,341 | +3.1% |
| 2029 | ~$1,093,085 | ~$1,093,085 | ~1.9980% | ~$21,839 | +4.6% |
| 2030 | ~$1,109,644 | ~$1,109,644 | ~1.9211% | ~$21,318 | +6.2% |
| 2031 | ~$1,126,454 | ~$1,126,454 | ~1.8443% | ~$20,775 | +7.8% |
In 2025, this property's market value of $1,042,932 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -25% 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 | $1,042,932 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,042,588 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $834,472 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $585,960 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $1,070,591 | $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 | — |