WELLS BRANCH PKWY 78660
| Owner | CHILLI PEPPERS LLC |
|---|---|
| Parcel ID | 0268280928 |
| Short ID | 953975 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 22,632 SF |
| Land SF | 129,373 SF |
| Acres | 2.970 |
| Year Built | 2023 |
| Legal | WELLS BRANCH COMMERCIAL LOTS SEC 1 LOT 2 |
| Neighborhood | NE2 |
| Land | $1,034,986 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,034,986 |
| Improvement | $3,790,992 |
|---|---|
| Total Improvement | $3,790,992 |
| Market | $4,825,978 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,825,978 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,825,978 |
| Taxable Value | $4,825,978 |
|---|
Appreciation: Market value has risen +488.4% from $820,151 (2024) to $4,825,978 (2025), a CAGR of 488.4% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 outpaced 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 $107,532. 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 21% of market value ($1,034,986 land vs $3,790,992 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,825,978, 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 +488.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $34,044,184,294 by 2030, with an estimated annual tax burden around $146,484. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 42,000 SF | ✗ |
| 1ST | 1st Floor | 22,632 SF | ✓ |
Market value changed by 188% 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% | $53,418.75 | $53,418.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $25,288.95 | $25,288.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,138.20 | $18,138.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,695.76 | $5,695.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,990.06 | $4,990.06 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $107,531.72 | $107,531.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,573,441 | $4,825,978 | +98.4% |
| Assessed Value | $5,791,174 | $4,825,978 | +20.0% |
| Land Value | $1,034,986 | $1,034,986 | +0.0% |
| Improvement Value | $8,538,455 | $3,790,992 | +125.2% |
| Taxable Value | $5,791,174 | $4,825,978 | +20.0% |
| HS Cap Loss | -$3,782,267 | — | |
| Total Tax 2026 = estimate |
~$129,038
Estimated
|
~$107,532
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,573,441 | $9,573,441 | +0 (+0.0%) |
| Taxable Value | $5,791,174 | $5,791,174 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,573,441 | $1,034,986 | $8,538,455 | −$3,782,267 | $5,791,174 | $5,791,174 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,825,978 | $1,034,986 | $3,790,992 | — | $4,825,978 | $4,825,978 | ~$107,532 | Partial |
| 2024 | $820,151 | — | — | — | $1,034,986 ! | $— | $89,898 | Verified |
| 2023 | $— | — | — | — | $284,621 | $— | $16,886 | Verified |
| 2022 | $— | — | — | — | $284,621 | $— | $6,384 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +98.4% ! | +20.0% | 60.5% | Not available | Partial |
| 2025 | -55.6% | -55.6% | ~100% | Not available | Partial |
| 2024 | +1224.8% ! | +1224.8% | ~100% | 0.8300% | Verified |
| 2023 | +188.2% ! | +188.2% | ~100% | 2.0600% | Verified |
| 2022 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1595.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +98.4% | +293.4% | +430.1% | +488.4% | 2025 | +98.4% | 2026 |
| Assessment Ratio | 60.5% | 95.6% | — | 126.2% | 2024 | 60.5% | 2026 |
| 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 |
$107,532 | $98,715 | ~$130,224 | $107,532 | 2025 | $89,898 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$28,397,287 | ~$5,308,576 | ~2.1595% | ~$114,638 | +488.4% |
| 2027 | ~$167,096,893 | ~$5,839,433 | ~2.0908% | ~$122,090 | +3362.4% |
| 2028 | ~$983,240,808 | ~$6,423,377 | ~2.0221% | ~$129,886 | +20273.9% |
| 2029 | ~$5,785,640,091 | ~$7,065,714 | ~1.9534% | ~$138,021 | +119785.3% |
| 2030 | ~$34,044,184,294 | ~$7,772,286 | ~1.8847% | ~$146,484 | +705336.0% |
| 2026 | ~$28,300,768 | ~$5,308,576 | ~2.2282% | ~$118,285 | +486.4% |
| 2027 | ~$165,962,932 | ~$5,839,433 | ~2.2282% | ~$130,113 | +3338.9% |
| 2028 | ~$973,249,032 | ~$6,423,377 | ~2.2282% | ~$143,125 | +20066.9% |
| 2029 | ~$5,707,380,951 | ~$7,065,714 | ~2.2282% | ~$157,437 | +118163.7% |
| 2030 | ~$33,469,539,903 | ~$7,772,286 | ~2.2282% | ~$173,181 | +693428.6% |
| 2026 | ~$28,493,807 | ~$5,308,576 | ~2.1251% | ~$112,815 | +490.4% |
| 2027 | ~$168,234,715 | ~$5,839,433 | ~2.0221% | ~$118,079 | +3386.0% |
| 2028 | ~$993,300,736 | ~$6,423,377 | ~1.9190% | ~$123,267 | +20482.4% |
| 2029 | ~$5,864,701,297 | ~$7,065,714 | ~1.8160% | ~$128,313 | +121423.6% |
| 2030 | ~$34,626,694,657 | ~$7,772,286 | ~1.7129% | ~$133,135 | +717406.3% |
In 2025, this property's market value of $4,825,978 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,825,978 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $820,151 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
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.