E WELLS BRANCH PKWY TX 78660
| Owner | NORTHTOWN PHASE 1 LLC |
|---|---|
| Parcel ID | 0267310139 |
| Short ID | 897796 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 1,117,750 SF |
| Acres | 25.660 |
| Year Built | — |
| Legal | LOT 4 BLK E VILLAGE AT NORTHTOWN SEC 3 (1-D-1W) (1-D-1W) |
| Neighborhood | 1NE2 |
| Land | $2,794,374 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,794,374 |
| Improvement | $102,205,626 |
|---|---|
| Total Improvement | $102,205,626 |
| Market | $105,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $105,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $105,000,000 |
| Taxable Value | $105,000,000 |
|---|
Appreciation: Market value has risen +1445.4% from $6,794,374 (2023) to $105,000,000 (2025), a CAGR of 293.1% over 2 years. 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 -15.8%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.2440% in 2025 (+0.0313% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,356,235. Pflugerville ISD is the largest single contributor, at 49.3% 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 3% of market value ($2,794,374 land vs $102,205,626 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $105,000,000, 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 +293.1% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $98,580,024,971 by 2030, with an estimated annual tax burden around $3,027,123. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 491,412 SF | ✓ |
Market value changed by 412% in 2023, 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% | $1,084,762.00 | $1,084,762.00 | Paid |
| U84 Northtown MUD | 0.6150% | 0.5725% | 0.5525% | 0.5225% | 0.5200% | -0.0025% | $509,600.00 | $509,600.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $368,328.10 | $368,328.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $115,662.54 | $115,662.54 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $90,909.70 | $90,909.70 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $29,890.00 | $29,890.00 | Paid |
| Combined Rate | 2.6072% | 2.3585% | 2.1673% | 2.2127% | 2.2440% | +0.0313% | $2,199,152.34 | $2,199,152.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $86,650,000 | $105,000,000 | -17.5% |
| Assessed Value | $86,650,000 | $105,000,000 | -17.5% |
| Land Value | $2,794,374 | $2,794,374 | +0.0% |
| Improvement Value | $83,855,626 | $102,205,626 | -18.0% |
| Taxable Value | $86,650,000 | $105,000,000 | -17.5% |
| Total Tax 2026 = estimate |
~$1,944,455
Estimated
|
~$2,199,152
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $86,650,000 | $86,650,000 | +0 (+0.0%) |
| Taxable Value | $86,650,000 | $86,650,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $86,650,000 | $2,794,374 | $83,855,626 | — | $86,650,000 | $86,650,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $105,000,000 | $2,794,374 | $102,205,626 | — | $105,000,000 | $105,000,000 | ~$2,199,152 | Partial |
| 2024 | $34,767,315 | — | — | −$31,972,941 | $2,794,374 | $— | $2,374,534 | Verified |
| 2023 | $6,794,374 | — | — | −$4,000,000 | $2,794,374 | $— | $753,528 | Verified |
| 2022 | $— | — | — | — | $2,794,374 | $— | $160,247 | Verified |
| 2021 | $— | — | — | — | — | $— | $17,388 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.5% | -17.5% | ~100% | Not available | Partial |
| 2025 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2024 | +229.0% ! | +229.0% | ~100% | 2.0800% | Verified |
| 2023 | +411.7% ! | +411.7% | ~100% | 2.1700% | Verified |
| 2022 | +29.3% | +158.4% | ~100% | 2.3600% | Verified |
| 2021 | base year | — | 50.0% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1898.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.5% | +198.7% | +309.8% | +411.7% | 2024 | -17.5% | 2026 |
| Assessment Ratio | 100.0% | 62.3% | — | 100.0% | 2025 | 8.0% | 2024 |
| Effective Tax Rate (2025) | 2.0900% | 2.0900% | — | 2.0900% | 2025 | 2.0900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,199,152 | $1,775,738 | ~$2,756,297 | $2,374,534 | 2024 | $753,528 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$412,771,044 | ~$115,500,000 | ~2.1532% | ~$2,487,000 | +293.1% |
| 2027 | ~$1,622,666,047 | ~$127,050,000 | ~2.0625% | ~$2,620,355 | +1445.4% |
| 2028 | ~$6,378,948,177 | ~$139,755,000 | ~1.9717% | ~$2,755,512 | +5975.2% |
| 2029 | ~$25,076,619,999 | ~$153,730,500 | ~1.8809% | ~$2,891,497 | +23782.5% |
| 2030 | ~$98,580,024,971 | ~$169,103,550 | ~1.7901% | ~$3,027,123 | +93785.7% |
| 2026 | ~$410,671,044 | ~$115,500,000 | ~2.2440% | ~$2,591,858 | +291.1% |
| 2027 | ~$1,606,197,205 | ~$127,050,000 | ~2.2440% | ~$2,851,044 | +1429.7% |
| 2028 | ~$6,282,082,699 | ~$139,755,000 | ~2.2440% | ~$3,136,148 | +5882.9% |
| 2029 | ~$24,570,185,351 | ~$153,730,500 | ~2.2440% | ~$3,449,763 | +23300.2% |
| 2030 | ~$96,097,749,280 | ~$169,103,550 | ~2.2440% | ~$3,794,739 | +91421.7% |
| 2026 | ~$414,871,044 | ~$115,500,000 | ~2.1079% | ~$2,434,571 | +295.1% |
| 2027 | ~$1,639,218,889 | ~$127,050,000 | ~1.9717% | ~$2,505,011 | +1461.2% |
| 2028 | ~$6,476,804,305 | ~$139,755,000 | ~1.8355% | ~$2,565,194 | +6068.4% |
| 2029 | ~$25,590,843,477 | ~$153,730,500 | ~1.6993% | ~$2,612,364 | +24272.2% |
| 2030 | ~$101,113,332,907 | ~$169,103,550 | ~1.5631% | ~$2,643,316 | +96198.4% |
In 2025, this property's market value of $105,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 202× 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 | $105,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $34,767,315 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,794,374 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | 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.