1121 NEW MEISTER LN TX 78660
| Owner | IDIL SPRINGBROOK 2 LP |
|---|---|
| Parcel ID | 0286361503 |
| Short ID | 947779 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 122,235 SF |
| Land SF | 387,248 SF |
| Acres | 8.890 |
| Year Built | 2021 |
| Legal | LOT 6 BLK A SPRINGBROOK CORPORATE CENTER RSB LT 1 BLK A OF RSB LT 1 BLKA |
| Neighborhood | 60FNOR |
| Land | $3,097,987 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,097,987 |
| Improvement | $12,396,013 |
|---|---|
| Total Improvement | $12,396,013 |
| Market | $15,494,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,494,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,494,000 |
| Taxable Value | $15,494,000 |
|---|
Appreciation: Market value has risen +888.5% from $1,567,372 (2021) to $15,494,000 (2025), a CAGR of 77.3% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $345,289. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 20% of market value ($3,097,987 land vs $12,396,013 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,494,000, 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 +54.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $123,270,034 by 2031, with an estimated annual tax burden around $441,532. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 150,000 SF | ✗ |
| 1ST | 1st Floor | 122,235 SF | ✓ |
| 093 | HVAC COMMRCL SF | 122,235 SF | ✗ |
| 491 | SPRINKLER HEADS | 122,235 SF | ✗ |
| 408 | LOADING RAMP | 1,580 SF | ✓ |
| 501 | CANOPY | 1,300 SF | ✗ |
| 482 | LIGHT POLES | 15 SF | ✓ |
| 413 | STAIRWAY EXT | 6 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% | $79,577.70 | $79,577.70 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $38,462.43 | $38,462.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,020.40 | $27,020.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,484.96 | $8,484.96 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $6,669.10 | $6,669.10 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $160,214.59 | $160,214.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $79,577.70 | 49.7% |
| CPF City of Pflugerville | 0.5350% | $38,462.43 | 24.0% |
| TCO Travis County | 0.3758% | $27,020.40 | 16.9% |
| THD Travis Central Health | 0.1180% | $8,484.96 | 5.3% |
| E02 Travis County ESD # 02 | 0.0928% | $6,669.10 | 4.2% |
| Total | 2.2285% | $160,214.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,900,000 | $15,494,000 | -10.3% |
| Assessed Value | $13,900,000 | $15,494,000 | -10.3% |
| Land Value | $3,097,987 | $3,097,987 | +0.0% |
| Improvement Value | $10,802,013 | $12,396,013 | -12.9% |
| Taxable Value | $13,900,000 | $15,494,000 | -10.3% |
| Total Tax 2026 = estimate |
~$309,766
Estimated
|
~$160,215
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $13,900,000 | $3,097,987 | $10,802,013 | — | $13,900,000 | $13,900,000 | Not yet — post-cert | Preliminary |
| 2025 | $15,494,000 | $3,097,987 | $12,396,013 | — | $15,494,000 | $15,494,000 | ~$160,215 | Partial |
| 2024 | $14,000,000 | $3,097,987 | $10,902,013 | −$7,512,940 | $6,487,060 | $6,487,060 | $142,457 | Verified |
| 2023 | $15,982,000 | $3,097,987 | $12,884,013 | −$1,734,873 | $14,247,127 | $14,247,127 | $163,150 | Verified |
| 2022 | $12,013,000 | $3,097,987 | $8,915,013 | −$1,734,873 | $10,278,127 | $10,278,127 | $122,096 | Verified |
| 2021 | $1,567,372 | $774,497 | $792,875 | — | $1,567,372 | $1,133,654 | $17,739 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.3% | -10.3% | ~100% | Not available | Partial |
| 2025 | +10.7% | +138.8% | ~100% | Not available | Partial |
| 2024 | -12.4% | -54.5% | 46.3% | No billing data | Verified |
| 2023 | +33.0% | +38.6% | 89.1% | No billing data | Verified |
| 2022 | +666.4% ! | +555.8% | 85.6% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +888.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.3% | +137.5% | +54.7% | +666.4% | 2022 | -12.4% | 2024 |
| Assessment Ratio | 100.0% | 86.8% | — | 100.0% | 2021 | 46.3% | 2024 |
| Effective Tax Rate (2025) | 1.0300% | 1.0300% | — | 1.0300% | 2025 | 1.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$160,215 | $121,131 | ~$385,541 | $163,150 | 2023 | $17,739 | 2021 |
Market value changed by 666% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$21,507,174 | ~$15,290,000 | ~2.1773% | ~$332,909 | +54.7% |
| 2028 | ~$33,277,592 | ~$16,819,000 | ~2.1261% | ~$357,582 | +139.4% |
| 2029 | ~$51,489,708 | ~$18,500,900 | ~2.0748% | ~$383,861 | +270.4% |
| 2030 | ~$79,668,928 | ~$20,350,990 | ~2.0236% | ~$411,820 | +473.2% |
| 2031 | ~$123,270,034 | ~$22,386,089 | ~1.9724% | ~$441,532 | +786.8% |
| 2027 | ~$21,229,174 | ~$15,290,000 | ~2.2285% | ~$340,743 | +52.7% |
| 2028 | ~$32,422,865 | ~$16,819,000 | ~2.2285% | ~$374,817 | +133.3% |
| 2029 | ~$49,518,750 | ~$18,500,900 | ~2.2285% | ~$412,299 | +256.2% |
| 2030 | ~$75,628,932 | ~$20,350,990 | ~2.2285% | ~$453,529 | +444.1% |
| 2031 | ~$115,506,455 | ~$22,386,089 | ~2.2285% | ~$498,881 | +731.0% |
| 2027 | ~$21,785,174 | ~$15,290,000 | ~2.1517% | ~$328,992 | +56.7% |
| 2028 | ~$34,143,438 | ~$16,819,000 | ~2.0748% | ~$348,965 | +145.6% |
| 2029 | ~$53,512,283 | ~$18,500,900 | ~1.9980% | ~$369,642 | +285.0% |
| 2030 | ~$83,868,661 | ~$20,350,990 | ~1.9211% | ~$390,966 | +503.4% |
| 2031 | ~$131,445,565 | ~$22,386,089 | ~1.8443% | ~$412,858 | +845.7% |
In 2025, this property's market value of $15,494,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 11× 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 | $15,494,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $14,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $15,982,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $12,013,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $1,567,372 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 | — |