3301 PECAN ST 78660
| Owner | RICHLAND PECAN STREET 1 LLC & |
|---|---|
| Parcel ID | 0264520201 |
| Short ID | 964348 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 393,550 SF |
| Land SF | 1,296,433 SF |
| Acres | 29.762 |
| Year Built | 2024 |
| Legal | PECAN STREET SUBD BLK A LOT 1 |
| Neighborhood | NE1 |
| Land | $5,185,731 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,185,731 |
| Improvement | $87,914,269 |
|---|---|
| Total Improvement | $87,914,269 |
| Market | $93,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $93,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $93,100,000 |
| Taxable Value | $93,100,000 |
|---|
Appreciation: Market value has risen +477.4% from $16,124,372 (2024) to $93,100,000 (2025), a CAGR of 477.4% over 1 year. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide fell -7.9%, so this parcel has outpaced the broader multi-family 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 $2,074,764. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Multi-family residential. 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 6% of market value ($5,185,731 land vs $87,914,269 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $93,100,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +477.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $597,425,891,876 by 2030, with an estimated annual tax burden around $2,957,312. 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 | 393,550 SF | ✓ |
Market value changed by 315% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $1,030,523.90 | $1,030,523.90 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $498,085.00 | $498,085.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $349,911.70 | $349,911.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $109,879.41 | $109,879.41 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $86,364.22 | $86,364.22 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $2,074,764.23 | $2,074,764.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $93,990,000 | $93,100,000 | +1.0% |
| Assessed Value | $93,990,000 | $93,100,000 | +1.0% |
| Land Value | $5,185,731 | $5,185,731 | +0.0% |
| Improvement Value | $88,804,269 | $87,914,269 | +1.0% |
| Taxable Value | $93,990,000 | $93,100,000 | +1.0% |
| Total Tax 2026 = estimate |
~$2,094,598
Estimated
|
~$2,074,764
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $93,990,000 | $93,990,000 | +0 (+0.0%) |
| Taxable Value | $93,990,000 | $93,990,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $93,990,000 | $5,185,731 | $88,804,269 | — | $93,990,000 | $93,990,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $93,100,000 | $5,185,731 | $87,914,269 | — | $93,100,000 | $93,100,000 | ~$2,074,764 | Partial |
| 2024 | $16,124,372 | — | — | −$10,938,641 | $5,185,731 | $— | $1,468,935 | Verified |
| 2023 | $— | — | — | — | $5,185,731 | $— | $343,134 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | +39.2% | +39.2% | ~100% | Not available | Partial |
| 2024 | +314.8% ! | +314.8% | ~100% | 2.2000% | Verified |
| 2023 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +477.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +239.2% | +476.3% | +477.4% | 2025 | +1.0% | 2026 |
| Assessment Ratio | 100.0% | 77.4% | — | 100.0% | 2025 | 32.2% | 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 |
$2,074,764 | $1,771,850 | ~$2,582,291 | $2,074,764 | 2025 | $1,468,935 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$537,547,137 | ~$102,410,000 | ~2.1773% | ~$2,229,769 | +477.4% |
| 2027 | ~$3,103,726,361 | ~$112,651,000 | ~2.1261% | ~$2,395,028 | +3233.8% |
| 2028 | ~$17,920,507,180 | ~$123,916,100 | ~2.0748% | ~$2,571,040 | +19148.7% |
| 2029 | ~$103,470,647,938 | ~$136,307,710 | ~2.0236% | ~$2,758,305 | +111039.3% |
| 2030 | ~$597,425,891,876 | ~$149,938,481 | ~1.9724% | ~$2,957,312 | +641603.4% |
| 2026 | ~$535,685,137 | ~$102,410,000 | ~2.2285% | ~$2,282,241 | +475.4% |
| 2027 | ~$3,082,261,715 | ~$112,651,000 | ~2.2285% | ~$2,510,465 | +3210.7% |
| 2028 | ~$17,734,927,910 | ~$123,916,100 | ~2.2285% | ~$2,761,511 | +18949.3% |
| 2029 | ~$102,044,439,120 | ~$136,307,710 | ~2.2285% | ~$3,037,662 | +109507.3% |
| 2030 | ~$587,150,261,243 | ~$149,938,481 | ~2.2285% | ~$3,341,429 | +630566.2% |
| 2026 | ~$539,409,137 | ~$102,410,000 | ~2.1517% | ~$2,203,534 | +479.4% |
| 2027 | ~$3,125,265,486 | ~$112,651,000 | ~2.0748% | ~$2,337,309 | +3256.9% |
| 2028 | ~$18,107,376,563 | ~$123,916,100 | ~1.9980% | ~$2,475,805 | +19349.4% |
| 2029 | ~$104,911,754,672 | ~$136,307,710 | ~1.9211% | ~$2,618,626 | +112587.2% |
| 2030 | ~$607,844,887,427 | ~$149,938,481 | ~1.8443% | ~$2,765,254 | +652794.6% |
In 2025, this property's market value of $93,100,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 179× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $93,100,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $16,124,372 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
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.