2515 KENNEY FORT BLVD 78660
| Owner | AUSTIN DATA CENTER 2 LLC & |
|---|---|
| Parcel ID | 0286381301 |
| Short ID | 984567 |
| Type | Real |
| Use Code | 67 Computer / Data Center |
| Valuation | Income |
| Improvement SF | 148,500 SF |
| Land SF | 554,301 SF |
| Acres | 12.725 |
| Year Built | 2024 |
| Legal | LONGHORN ADDN PHS 2 BLK A LOT 2 |
| Neighborhood | NEA |
| Land | $4,434,408 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,434,408 |
| Improvement | $23,583,970 |
|---|---|
| Total Improvement | $23,583,970 |
| Market | $28,018,378 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $28,018,378 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $28,018,378 |
| Taxable Value | $28,018,378 |
|---|
Appreciation: Market value has risen +148.4% from $11,281,367 (2024) to $28,018,378 (2025), a CAGR of 148.4% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +27.9%, so this parcel has outpaced the broader land/vacant 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 $624,399. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Land / Vacant. 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 16% of market value ($4,434,408 land vs $23,583,970 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $28,018,378, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +166.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $10,632,136,944 by 2031, with an estimated annual tax burden around $209,703,006. 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 | 148,500 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% | $310,135.43 | $310,135.43 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $149,898.32 | $149,898.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $105,305.67 | $105,305.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $33,068.13 | $33,068.13 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $25,991.25 | $25,991.25 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $624,398.80 | $624,398.80 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $310,135.43 | 49.7% |
| CPF City of Pflugerville | 0.5350% | $149,898.32 | 24.0% |
| TCO Travis County | 0.3758% | $105,305.67 | 16.9% |
| THD Travis Central Health | 0.1180% | $33,068.13 | 5.3% |
| E02 Travis County ESD # 02 | 0.0928% | $25,991.25 | 4.2% |
| Total | 2.2285% | $624,398.80 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $79,827,029 | $28,018,378 | +184.9% |
| Assessed Value | $79,827,029 | $28,018,378 | +184.9% |
| Land Value | $4,434,408 | $4,434,408 | +0.0% |
| Improvement Value | $75,392,621 | $23,583,970 | +219.7% |
| Taxable Value | $79,827,029 | $28,018,378 | +184.9% |
| Total Tax 2026 = estimate |
~$1,778,972
Estimated
|
~$624,399
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $79,827,029 | $4,434,408 | $75,392,621 | — | $79,827,029 | $79,827,029 | Not yet — post-cert | Preliminary |
| 2025 | $28,018,378 | $4,434,408 | $23,583,970 | — | $28,018,378 | $28,018,378 | ~$624,399 | Partial |
| 2024 | $11,281,367 | $4,434,408 | $6,846,959 | — | $11,281,367 | $11,281,367 | $247,740 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +184.9% ! | +184.9% | ~100% | Not available | Partial |
| 2025 | +148.4% ! | +148.4% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +148.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +184.9% | +166.7% | +166.0% | +184.9% | 2026 | +148.4% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 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 |
$624,399 | $436,070 | ~$67,678,488 | $624,399 | 2025 | $247,740 | 2024 |
Market value changed by 148% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$212,346,000 | ~$212,346,000 | ~2.1773% | ~$4,623,402 | +166.0% |
| 2028 | ~$564,856,596 | ~$564,856,596 | ~2.1261% | ~$12,009,190 | +607.6% |
| 2029 | ~$1,502,561,731 | ~$1,502,561,731 | ~2.0748% | ~$31,175,504 | +1782.3% |
| 2030 | ~$3,996,929,082 | ~$3,996,929,082 | ~2.0236% | ~$80,881,337 | +4907.0% |
| 2031 | ~$10,632,136,944 | ~$10,632,136,944 | ~1.9724% | ~$209,703,006 | +13219.0% |
| 2027 | ~$210,749,460 | ~$210,749,460 | ~2.2285% | ~$4,696,621 | +164.0% |
| 2028 | ~$556,394,687 | ~$556,394,687 | ~2.2285% | ~$12,399,439 | +597.0% |
| 2029 | ~$1,468,924,512 | ~$1,468,924,512 | ~2.2285% | ~$32,735,467 | +1740.1% |
| 2030 | ~$3,878,073,017 | ~$3,878,073,017 | ~2.2285% | ~$86,424,137 | +4758.1% |
| 2031 | ~$10,238,409,264 | ~$10,238,409,264 | ~2.2285% | ~$228,166,329 | +12725.7% |
| 2027 | ~$213,942,541 | ~$213,942,541 | ~2.1517% | ~$4,603,355 | +168.0% |
| 2028 | ~$573,382,367 | ~$573,382,367 | ~2.0748% | ~$11,896,672 | +618.3% |
| 2029 | ~$1,536,708,580 | ~$1,536,708,580 | ~1.9980% | ~$30,702,957 | +1825.0% |
| 2030 | ~$4,118,496,484 | ~$4,118,496,484 | ~1.9211% | ~$79,121,013 | +5059.3% |
| 2031 | ~$11,037,885,458 | ~$11,037,885,458 | ~1.8443% | ~$203,567,224 | +13727.3% |
In 2025, this property's market value of $28,018,378 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 332× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $28,018,378 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $11,281,367 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 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 | 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 | 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 | — |