235 W CANYON RIDGE DR TX 78753
| Owner | BAFCO III LLC |
|---|---|
| Parcel ID | 0256260203 |
| Short ID | 728063 |
| Type | Real |
| Use Code | 94 Health Club |
| Valuation | Income |
| Improvement SF | 27,454 SF |
| Land SF | 261,582 SF |
| Acres | 6.005 |
| Year Built | 2006 |
| Legal | LOT 4 BLK B TECH RIDGE CENTER PHS IV |
| Neighborhood | 94NOR |
| Land | $2,134,509 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,134,509 |
| Improvement | $6,393,899 |
|---|---|
| Total Improvement | $6,393,899 |
| Market | $8,528,408 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,528,408 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,528,408 |
| Taxable Value | $8,528,408 |
|---|
Appreciation: Market value has risen +12.5% from $7,580,157 (2021) to $8,528,408 (2025), a CAGR of 3.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $190,029. 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 ($2,134,509 land vs $6,393,899 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,528,408, this parcel sits in the top quartile (≥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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,882,235 by 2030, with an estimated annual tax burden around $186,250. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 125,650 SF | ✗ |
| 491 | SPRINKLER HEADS | 41,000 SF | ✗ |
| 1ST | 1st Floor | 25,089 SF | ✓ |
| MEZZ | Mezzanine | 7,992 SF | ✓ |
| 2ND | 2nd Floor | 2,365 SF | ✓ |
| 601 | POOL COMM'L | 1,786 SF | ✗ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 415 | SAUNA | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 447C | SPA CON COMM | 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% | $94,400.95 | $94,400.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,690.31 | $44,690.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,053.60 | $32,053.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,065.48 | $10,065.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,818.37 | $8,818.37 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $190,028.71 | $190,028.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,528,408 | $8,528,408 | +0.0% |
| Assessed Value | $8,528,408 | $8,528,408 | +0.0% |
| Land Value | $2,134,509 | $2,134,509 | +0.0% |
| Improvement Value | $6,393,899 | $6,393,899 | +0.0% |
| Taxable Value | $8,528,408 | $8,528,408 | +0.0% |
| Total Tax 2026 = estimate |
~$190,029
Estimated
|
~$190,029
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,497,665 | $8,528,408 | -969,257 (-10.2%) |
| Taxable Value | $9,497,665 | $8,528,408 | -969,257 (-10.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,528,408 | $2,134,509 | $6,393,899 | — | $8,528,408 | $8,528,408 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,528,408 | $2,134,509 | $6,393,899 | — | $8,528,408 | $8,528,408 | ~$190,029 | Partial |
| 2024 | $8,942,113 | — | — | −$6,807,604 | $2,134,509 | $— | $178,300 | Verified |
| 2023 | $7,300,000 | — | — | −$5,165,491 | $2,134,509 | $— | $184,113 | Verified |
| 2022 | $7,580,000 | — | — | −$5,445,491 | $2,134,509 | $— | $163,733 | Verified |
| 2021 | $7,580,157 | — | — | −$5,445,648 | $2,134,509 | $— | $189,726 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2025 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2024 | -6.7% | -6.7% | ~100% | 2.1400% | Verified |
| 2023 | +18.5% | +18.5% | ~100% | 2.0600% | Verified |
| 2022 | -0.8% | -0.8% | ~100% | 2.1700% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.8% | +3.0% | +22.5% | 2024 | -4.6% | 2025 |
| Assessment Ratio | 100.0% | 51.6% | — | 100.0% | 2025 | 23.9% | 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 |
$190,029 | $181,180 | ~$188,177 | $190,029 | 2025 | $163,733 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,783,456 | ~$8,783,456 | ~2.1595% | ~$189,678 | +3.0% |
| 2027 | ~$9,046,131 | ~$9,046,131 | ~2.0908% | ~$189,135 | +6.1% |
| 2028 | ~$9,316,661 | ~$9,316,661 | ~2.0221% | ~$188,391 | +9.2% |
| 2029 | ~$9,595,282 | ~$9,595,282 | ~1.9534% | ~$187,433 | +12.5% |
| 2030 | ~$9,882,235 | ~$9,882,235 | ~1.8847% | ~$186,250 | +15.9% |
| 2026 | ~$8,612,887 | ~$8,612,887 | ~2.2282% | ~$191,911 | +1.0% |
| 2027 | ~$8,698,204 | ~$8,698,204 | ~2.2282% | ~$193,812 | +2.0% |
| 2028 | ~$8,784,365 | ~$8,784,365 | ~2.2282% | ~$195,732 | +3.0% |
| 2029 | ~$8,871,380 | ~$8,871,380 | ~2.2282% | ~$197,671 | +4.0% |
| 2030 | ~$8,959,257 | ~$8,959,257 | ~2.2282% | ~$199,629 | +5.1% |
| 2026 | ~$8,954,024 | ~$8,954,024 | ~2.1251% | ~$190,285 | +5.0% |
| 2027 | ~$9,400,880 | ~$9,400,880 | ~2.0221% | ~$190,094 | +10.2% |
| 2028 | ~$9,870,037 | ~$9,870,037 | ~1.9190% | ~$189,410 | +15.7% |
| 2029 | ~$10,362,608 | ~$10,362,608 | ~1.8160% | ~$188,184 | +21.5% |
| 2030 | ~$10,879,761 | ~$10,879,761 | ~1.7129% | ~$186,364 | +27.6% |
In 2025, this property's market value of $8,528,408 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,528,408 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,942,113 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,580,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,580,157 | $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.