1015 CENTER RIDGE DR TX 78753
| Owner | FCPT HOLDINGS LLC |
|---|---|
| Parcel ID | 0262230314 |
| Short ID | 548523 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,682 SF |
| Land SF | 68,346 SF |
| Acres | 1.569 |
| Year Built | 2003 |
| Legal | LOT 5 BLK A PARMER CENTER SOUTH SUBD |
| Neighborhood | 32PFL/NE |
| Land | $1,366,913 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,366,913 |
| Improvement | $1,297,482 |
|---|---|
| Total Improvement | $1,297,482 |
| Market | $2,664,395 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,664,395 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,664,395 |
| Taxable Value | $2,664,395 |
|---|
Appreciation: Market value has fallen -2.1% from $2,722,781 (2021) to $2,664,395 (2025), a CAGR of -0.5% 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 $59,368. 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 51% of market value ($1,366,913 land vs $1,297,482 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,664,395, 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 -0.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,593,170 by 2030, with an estimated annual tax burden around $48,873. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 55,030 SF | ✗ |
| 1ST | 1st Floor | 5,682 SF | ✓ |
| 491 | SPRINKLER HEADS | 5,682 SF | ✗ |
| 611 | TERRACE | 686 SF | ✗ |
| 501 | CANOPY | 638 SF | ✗ |
| 327 | STORAGE COMM'L | 121 SF | ✓ |
| 435 | FENCE IRON LF | 105 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% | $29,492.19 | $29,492.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,961.88 | $13,961.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,014.00 | $10,014.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,144.60 | $3,144.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,754.98 | $2,754.98 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $59,367.65 | $59,367.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,640,000 | $2,664,395 | -0.9% |
| Assessed Value | $2,640,000 | $2,664,395 | -0.9% |
| Land Value | $1,366,913 | $1,366,913 | +0.0% |
| Improvement Value | $1,273,087 | $1,297,482 | -1.9% |
| Taxable Value | $2,640,000 | $2,664,395 | -0.9% |
| Total Tax 2026 = estimate |
~$58,824
Estimated
|
~$59,368
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,732,683 | $2,640,000 | -92,683 (-3.4%) |
| Taxable Value | $2,732,683 | $2,640,000 | -92,683 (-3.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,640,000 | $1,366,913 | $1,273,087 | — | $2,640,000 | $2,640,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,664,395 | $1,366,913 | $1,297,482 | — | $2,664,395 | $2,664,395 | ~$59,368 | Partial |
| 2024 | $2,643,464 | — | — | −$1,276,551 | $1,366,913 | $— | $57,732 | Verified |
| 2023 | $2,590,381 | — | — | −$1,223,468 | $1,366,913 | $— | $54,428 | Verified |
| 2022 | $2,485,327 | — | — | −$1,118,414 | $1,366,913 | $— | $58,100 | Verified |
| 2021 | $2,722,781 | — | — | −$1,355,868 | $1,366,913 | $— | $62,207 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.6% | +2.6% | ~100% | Not available | Partial |
| 2025 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2024 | +2.1% | +2.1% | ~100% | 2.1400% | Verified |
| 2023 | +2.0% | +2.0% | ~100% | 2.0600% | Verified |
| 2022 | +4.2% | +4.2% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.9% | -0.5% | -0.4% | +4.2% | 2023 | -8.7% | 2022 |
| Assessment Ratio | 100.0% | 68.3% | — | 100.0% | 2025 | 50.2% | 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 |
$59,368 | $58,367 | ~$53,029 | $62,207 | 2021 | $54,428 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,649,995 | ~$2,649,995 | ~2.1595% | ~$57,226 | -0.5% |
| 2027 | ~$2,635,673 | ~$2,635,673 | ~2.0908% | ~$55,106 | -1.1% |
| 2028 | ~$2,621,429 | ~$2,621,429 | ~2.0221% | ~$53,008 | -1.6% |
| 2029 | ~$2,607,261 | ~$2,607,261 | ~1.9534% | ~$50,930 | -2.1% |
| 2030 | ~$2,593,170 | ~$2,593,170 | ~1.8847% | ~$48,873 | -2.7% |
| 2026 | ~$2,596,707 | ~$2,596,707 | ~2.2282% | ~$57,859 | -2.5% |
| 2027 | ~$2,530,739 | ~$2,530,739 | ~2.2282% | ~$56,390 | -5.0% |
| 2028 | ~$2,466,447 | ~$2,466,447 | ~2.2282% | ~$54,957 | -7.4% |
| 2029 | ~$2,403,788 | ~$2,403,788 | ~2.2282% | ~$53,561 | -9.8% |
| 2030 | ~$2,342,721 | ~$2,342,721 | ~2.2282% | ~$52,200 | -12.1% |
| 2026 | ~$2,703,283 | ~$2,703,283 | ~2.1251% | ~$57,448 | +1.5% |
| 2027 | ~$2,742,739 | ~$2,742,739 | ~2.0221% | ~$55,461 | +2.9% |
| 2028 | ~$2,782,770 | ~$2,782,770 | ~1.9190% | ~$53,403 | +4.4% |
| 2029 | ~$2,823,386 | ~$2,823,386 | ~1.8160% | ~$51,273 | +6.0% |
| 2030 | ~$2,864,595 | ~$2,864,595 | ~1.7129% | ~$49,069 | +7.5% |
In 2025, this property's market value of $2,664,395 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +88% 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 | $2,664,395 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,643,464 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,590,381 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,485,327 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,722,781 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.