2132 FALCON VILLAGE LN LN TX 78660
| Owner | BEL FALCON LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0275500602 |
| Short ID | 874455 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 307,910 SF |
| Land SF | 871,200 SF |
| Acres | 20.000 |
| Year Built | 2017 |
| Legal | LOT 2 BLK 2 FALCON POINTE POD 7 PHS 1 |
| Neighborhood | 08NE2 |
| Land | $4,356,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,356,000 |
| Improvement | $61,344,000 |
|---|---|
| Total Improvement | $61,344,000 |
| Market | $65,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,700,000 |
| Taxable Value | $65,700,000 |
|---|
Appreciation: Market value has risen +22.5% from $53,640,000 (2021) to $65,700,000 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. 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 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 2.4931% in 2025 (+0.0246% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,637,988. Pflugerville ISD is the largest single contributor, at 44.4% 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 7% of market value ($4,356,000 land vs $61,344,000 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,700,000, 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 +2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $69,916,808 by 2031, with an estimated annual tax burden around $1,463,149. 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 | 307,910 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% | $698,453.90 | $698,453.90 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $337,585.00 | $337,585.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $237,158.20 | $237,158.20 | Paid |
| U6G Travis County MUD # 15 | 0.3800% | 0.3462% | 0.3140% | 0.2725% | 0.2646% | -0.0079% | $166,962.60 | $166,962.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $74,472.51 | $74,472.51 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $58,534.72 | $58,534.72 | Paid |
| Combined Rate | 2.8135% | 2.5890% | 2.4420% | 2.4685% | 2.4931% | +0.0246% | $1,573,166.93 | $1,573,166.93 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $698,453.90 | 44.4% |
| CPF City of Pflugerville | 0.5350% | $337,585.00 | 21.5% |
| TCO Travis County | 0.3758% | $237,158.20 | 15.1% |
| U6G Travis County MUD # 15 | 0.2646% | $166,962.60 | 10.6% |
| THD Travis Central Health | 0.1180% | $74,472.51 | 4.7% |
| E02 Travis County ESD # 02 | 0.0928% | $58,534.72 | 3.7% |
| Total | 2.4931% | $1,573,166.93 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $61,240,000 | $65,700,000 | -6.8% |
| Assessed Value | $61,240,000 | $65,700,000 | -6.8% |
| Land Value | $4,356,000 | $4,356,000 | +0.0% |
| Improvement Value | $56,884,000 | $61,344,000 | -7.3% |
| Taxable Value | $61,240,000 | $65,700,000 | -6.8% |
| Total Tax 2026 = estimate |
~$1,526,795
Estimated
|
~$1,573,167
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $61,240,000 | $4,356,000 | $56,884,000 | — | $61,240,000 | $61,240,000 | Not yet — post-cert | Preliminary |
| 2025 | $65,700,000 | $4,356,000 | $61,344,000 | — | $65,700,000 | $65,700,000 | ~$1,573,167 | Partial |
| 2024 | $68,050,000 | $4,356,000 | $63,694,000 | — | $68,050,000 | $68,050,000 | $1,615,041 | Verified |
| 2023 | $73,470,000 | $4,356,000 | $69,114,000 | — | $73,470,000 | $73,470,000 | $1,645,847 | Verified |
| 2022 | $64,940,000 | $4,356,000 | $60,584,000 | — | $64,940,000 | $64,940,000 | $1,631,072 | Verified |
| 2021 | $53,640,000 | $4,356,000 | $49,284,000 | — | $53,640,000 | $53,640,000 | $1,475,325 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2025 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | No billing data | Verified |
| 2023 | +13.1% | +13.1% | ~100% | No billing data | Verified |
| 2022 | +21.1% | +21.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.8% | +3.3% | +2.7% | +21.1% | 2022 | -7.4% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.3900% | 2.3900% | — | 2.3900% | 2025 | 2.3900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,573,167 | $1,588,090 | ~$1,492,059 | $1,645,847 | 2023 | $1,475,325 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$62,884,623 | ~$62,884,623 | ~2.4130% | ~$1,517,435 | +2.7% |
| 2028 | ~$64,573,414 | ~$64,573,414 | ~2.3330% | ~$1,506,472 | +5.4% |
| 2029 | ~$66,307,557 | ~$66,307,557 | ~2.2529% | ~$1,493,825 | +8.3% |
| 2030 | ~$68,088,272 | ~$68,088,272 | ~2.1728% | ~$1,479,413 | +11.2% |
| 2031 | ~$69,916,808 | ~$69,916,808 | ~2.0927% | ~$1,463,149 | +14.2% |
| 2027 | ~$61,659,823 | ~$61,659,823 | ~2.4931% | ~$1,537,261 | +0.7% |
| 2028 | ~$62,082,525 | ~$62,082,525 | ~2.4931% | ~$1,547,800 | +1.4% |
| 2029 | ~$62,508,124 | ~$62,508,124 | ~2.4931% | ~$1,558,411 | +2.1% |
| 2030 | ~$62,936,641 | ~$62,936,641 | ~2.4931% | ~$1,569,094 | +2.8% |
| 2031 | ~$63,368,096 | ~$63,368,096 | ~2.4931% | ~$1,579,851 | +3.5% |
| 2027 | ~$64,109,423 | ~$64,109,423 | ~2.3730% | ~$1,521,319 | +4.7% |
| 2028 | ~$67,113,295 | ~$67,113,295 | ~2.2529% | ~$1,511,978 | +9.6% |
| 2029 | ~$70,257,914 | ~$70,257,914 | ~2.1327% | ~$1,498,421 | +14.7% |
| 2030 | ~$73,549,875 | ~$73,549,875 | ~2.0126% | ~$1,480,275 | +20.1% |
| 2031 | ~$76,996,082 | ~$76,996,082 | ~1.8925% | ~$1,457,139 | +25.7% |
In 2025, this property's market value of $65,700,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 127× 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 | $65,700,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $68,050,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $73,470,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $64,940,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $53,640,000 | $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 | — |