12302 THOMPKINS DR TX 78753
| Owner | IVYROCK CORPORATION |
|---|---|
| Parcel ID | 0254280516 |
| Short ID | 261313 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 41,074 SF |
| Land SF | 193,101 SF |
| Acres | 4.433 |
| Year Built | 1985 |
| Legal | LOT 2 BLK A COPPERFIELD SEC 3-A COMMERCIAL |
| Neighborhood | 43NEA |
| Land | $772,404 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $772,404 |
| Improvement | $2,289,281 |
|---|---|
| Total Improvement | $2,289,281 |
| Market | $3,061,685 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,061,685 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,061,685 |
| Taxable Value | $3,061,685 |
|---|
Appreciation: Market value has fallen -33.0% from $4,572,471 (2021) to $3,061,685 (2025), a CAGR of -9.5% 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 +24.1%, so this parcel has lagged 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 $68,220. 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 25% of market value ($772,404 land vs $2,289,281 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,061,685, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 -9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,854,481 by 2030, with an estimated annual tax burden around $34,951. 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 | 130,600 SF | ✗ |
| SO | Sketch Only | 43,028 SF | ✗ |
| 1ST | 1st Floor | 41,074 SF | ✓ |
| 501 | CANOPY | 15,815 SF | ✗ |
| 611 | TERRACE | 14,115 SF | ✗ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| MISC | Miscellaneous | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $33,889.79 | $33,889.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,043.75 | $16,043.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,507.19 | $11,507.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,613.49 | $3,613.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,165.78 | $3,165.78 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $68,220.00 | $68,220.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,008,840 | $3,061,685 | -1.7% |
| Assessed Value | $3,008,840 | $3,061,685 | -1.7% |
| Land Value | $772,404 | $772,404 | +0.0% |
| Improvement Value | $2,236,436 | $2,289,281 | -2.3% |
| Taxable Value | $3,008,840 | $3,061,685 | -1.7% |
| Total Tax 2026 = estimate |
~$67,043
Estimated
|
~$68,220
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,466,302 | $3,008,840 | -1,457,462 (-32.6%) |
| Taxable Value | $3,674,022 | $3,008,840 | -665,182 (-18.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,008,840 | $772,404 | $2,236,436 | — | $3,008,840 | $3,008,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,061,685 | $772,404 | $2,289,281 | — | $3,061,685 | $3,061,685 | ~$68,220 | Partial |
| 2024 | $3,000,000 | — | — | −$2,227,596 | $772,404 | $— | $64,146 | Verified |
| 2023 | $3,335,000 | — | — | −$2,562,596 | $772,404 | $— | $62,099 | Verified |
| 2022 | $3,335,000 | — | — | −$2,562,596 | $772,404 | $— | $67,618 | Verified |
| 2021 | $4,572,471 | — | — | −$3,800,067 | $772,404 | $— | $83,909 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +45.9% | +20.0% | 82.3% | Not available | Partial |
| 2025 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2024 | -28.7% | -28.7% | ~100% | 2.1400% | Verified |
| 2023 | +26.1% | +26.1% | ~100% | 1.4800% | Verified |
| 2022 | -11.1% | -11.1% | ~100% | 2.0300% | Verified |
| 2021 | base year | — | ~100% | 1.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.7% | -7.3% | -9.2% | +2.1% | 2025 | -27.1% | 2022 |
| Assessment Ratio | 100.0% | 48.2% | — | 100.0% | 2025 | 16.9% | 2021 |
| 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 |
$68,220 | $69,199 | ~$46,603 | $83,909 | 2021 | $62,099 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,769,573 | ~$2,769,573 | ~2.1595% | ~$59,809 | -9.5% |
| 2027 | ~$2,505,332 | ~$2,505,332 | ~2.0908% | ~$52,381 | -18.2% |
| 2028 | ~$2,266,301 | ~$2,266,301 | ~2.0221% | ~$45,827 | -26.0% |
| 2029 | ~$2,050,076 | ~$2,050,076 | ~1.9534% | ~$40,046 | -33.0% |
| 2030 | ~$1,854,481 | ~$1,854,481 | ~1.8847% | ~$34,951 | -39.4% |
| 2026 | ~$2,908,601 | ~$2,908,601 | ~2.2282% | ~$64,809 | -5.0% |
| 2027 | ~$2,763,171 | ~$2,763,171 | ~2.2282% | ~$61,569 | -9.7% |
| 2028 | ~$2,625,012 | ~$2,625,012 | ~2.2282% | ~$58,490 | -14.3% |
| 2029 | ~$2,493,762 | ~$2,493,762 | ~2.2282% | ~$55,566 | -18.5% |
| 2030 | ~$2,369,073 | ~$2,369,073 | ~2.2282% | ~$52,787 | -22.6% |
| 2026 | ~$2,830,807 | ~$2,830,807 | ~2.1251% | ~$60,159 | -7.5% |
| 2027 | ~$2,617,340 | ~$2,617,340 | ~2.0221% | ~$52,925 | -14.5% |
| 2028 | ~$2,419,969 | ~$2,419,969 | ~1.9190% | ~$46,440 | -21.0% |
| 2029 | ~$2,237,482 | ~$2,237,482 | ~1.8160% | ~$40,633 | -26.9% |
| 2030 | ~$2,068,757 | ~$2,068,757 | ~1.7129% | ~$35,437 | -32.4% |
In 2025, this property's market value of $3,061,685 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +116% above the county median of $1,417,484. 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 | $3,061,685 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,335,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,335,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,572,471 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.