INTERSTATE HY 35 78753
| Owner | SERITAGE SRC FINANCE LLC |
|---|---|
| Parcel ID | 0260230112 |
| Short ID | 968115 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 121,880 SF |
| Land SF | 491,615 SF |
| Acres | 11.286 |
| Year Built | 2004 |
| Legal | TECH RIDGE 5A SUBD RSB AMD LTS 1-3 BLK A RSB BLK A LOT 1A |
| Neighborhood | PFL/FNE |
| Land | $5,899,380 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,899,380 |
| Improvement | $4,554,420 |
|---|---|
| Total Improvement | $4,554,420 |
| Market | $10,453,800 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,453,800 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,453,800 |
| Taxable Value | $10,453,800 |
|---|
Appreciation: Market value has fallen -29.8% from $14,889,340 (2024) to $10,453,800 (2025), a CAGR of -29.8% over 1 year. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 fell -1.5%, 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 $232,930. 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 56% of market value ($5,899,380 land vs $4,554,420 improvements), about $12/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $10,453,800, 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 -29.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,783,479 by 2030, with an estimated annual tax burden around $33,613. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 121,880 SF | ✓ |
| 551 | PAVED AREA | 115,000 SF | ✗ |
| 611 | TERRACE | 11,893 SF | ✗ |
| 501 | CANOPY | 7,764 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% | $115,713.11 | $115,713.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $54,779.69 | $54,779.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,290.08 | $39,290.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,337.89 | $12,337.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,809.23 | $10,809.23 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $232,930.00 | $232,930.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,716,378 | $10,453,800 | -7.1% |
| Assessed Value | $9,716,378 | $10,453,800 | -7.1% |
| Land Value | $5,161,958 | $5,899,380 | -12.5% |
| Improvement Value | $4,554,420 | $4,554,420 | +0.0% |
| Taxable Value | $9,716,378 | $10,453,800 | -7.1% |
| Total Tax 2026 = estimate |
~$216,499
Estimated
|
~$232,930
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,716,378 | $9,716,378 | +0 (+0.0%) |
| Taxable Value | $9,716,378 | $9,716,378 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,716,378 | $5,161,958 | $4,554,420 | — | $9,716,378 | $9,716,378 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,453,800 | $5,899,380 | $4,554,420 | — | $10,453,800 | $10,453,800 | ~$232,930 | Partial |
| 2024 | $14,889,340 | — | — | −$8,989,960 | $5,899,380 | $— | $227,752 | Verified |
| 2023 | $— | — | — | — | $5,899,380 | $— | $313,575 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.1% | -7.1% | ~100% | Not available | Partial |
| 2025 | -28.5% | -28.5% | ~100% | Not available | Partial |
| 2024 | -33.5% | -33.5% | ~100% | 1.5600% | Verified |
| 2023 | base year | — | ~100% | 1.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -52.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.1% | -18.4% | -28.7% | -7.1% | 2026 | -29.8% | 2025 |
| Assessment Ratio | 100.0% | 79.9% | — | 100.0% | 2025 | 39.6% | 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 |
$232,930 | $230,341 | ~$84,526 | $232,930 | 2025 | $227,752 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,339,609 | ~$7,339,609 | ~2.1595% | ~$158,498 | -29.8% |
| 2027 | ~$5,153,137 | ~$5,153,137 | ~2.0908% | ~$107,741 | -50.7% |
| 2028 | ~$3,618,015 | ~$3,618,015 | ~2.0221% | ~$73,160 | -65.4% |
| 2029 | ~$2,540,207 | ~$2,540,207 | ~1.9534% | ~$49,620 | -75.7% |
| 2030 | ~$1,783,479 | ~$1,783,479 | ~1.8847% | ~$33,613 | -82.9% |
| 2026 | ~$9,931,110 | ~$9,931,110 | ~2.2282% | ~$221,284 | -5.0% |
| 2027 | ~$9,434,554 | ~$9,434,554 | ~2.2282% | ~$210,219 | -9.8% |
| 2028 | ~$8,962,827 | ~$8,962,827 | ~2.2282% | ~$199,708 | -14.3% |
| 2029 | ~$8,514,685 | ~$8,514,685 | ~2.2282% | ~$189,723 | -18.5% |
| 2030 | ~$8,088,951 | ~$8,088,951 | ~2.2282% | ~$180,237 | -22.6% |
| 2026 | ~$7,548,685 | ~$7,548,685 | ~2.1251% | ~$160,420 | -27.8% |
| 2027 | ~$5,450,903 | ~$5,450,903 | ~2.0221% | ~$110,222 | -47.9% |
| 2028 | ~$3,936,095 | ~$3,936,095 | ~1.9190% | ~$75,535 | -62.3% |
| 2029 | ~$2,842,253 | ~$2,842,253 | ~1.8160% | ~$51,615 | -72.8% |
| 2030 | ~$2,052,389 | ~$2,052,389 | ~1.7129% | ~$35,156 | -80.4% |
In 2025, this property's market value of $10,453,800 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,453,800 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $14,889,340 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
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.