1505 WELLS BRANCH PKWY TX 78660
| Owner | RISHEL GROUP LIMITED |
|---|---|
| Parcel ID | 0270260119 |
| Short ID | 462932 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,600 SF |
| Land SF | 29,185 SF |
| Acres | 0.670 |
| Year Built | 1993 |
| Legal | LOT 1 BLK C WELLS POINT COMMERCIAL SEC 2 |
| Neighborhood | 30PFL/FNE |
| Land | $408,590 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $408,590 |
| Improvement | $642,479 |
|---|---|
| Total Improvement | $642,479 |
| Market | $1,051,069 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,051,069 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,051,069 |
| Taxable Value | $1,051,069 |
|---|
Appreciation: Market value has fallen -4.9% from $1,104,968 (2021) to $1,051,069 (2025), a CAGR of -1.2% 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 $23,420. 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 39% of market value ($408,590 land vs $642,479 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~33 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,051,069, this parcel sits in the lower-middle (25th–50th 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 -1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $987,377 by 2030, with an estimated annual tax burden around $18,609. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,165 SF | ✗ |
| 1ST | 1st Floor | 6,600 SF | ✓ |
| 611 | TERRACE | 6,600 SF | ✗ |
| 501 | CANOPY | 875 SF | ✗ |
| 482 | LIGHT POLES | 1 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% | $11,634.28 | $11,634.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,507.78 | $5,507.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,950.39 | $3,950.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,240.50 | $1,240.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,086.81 | $1,086.81 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $23,419.76 | $23,419.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,040,000 | $1,051,069 | -1.1% |
| Assessed Value | $1,040,000 | $1,051,069 | -1.1% |
| Land Value | $408,590 | $408,590 | +0.0% |
| Improvement Value | $631,410 | $642,479 | -1.7% |
| Taxable Value | $1,040,000 | $1,051,069 | -1.1% |
| Total Tax 2026 = estimate |
~$23,173
Estimated
|
~$23,420
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,098,933 | $1,040,000 | -58,933 (-5.4%) |
| Taxable Value | $1,098,933 | $1,040,000 | -58,933 (-5.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,040,000 | $408,590 | $631,410 | — | $1,040,000 | $1,040,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,051,069 | $408,590 | $642,479 | — | $1,051,069 | $1,051,069 | ~$23,420 | Partial |
| 2024 | $998,000 | — | — | −$589,410 | $408,590 | $— | $22,628 | Verified |
| 2023 | $992,542 | — | — | −$583,952 | $408,590 | $— | $20,548 | Verified |
| 2022 | $966,263 | — | — | −$557,673 | $408,590 | $— | $22,262 | Verified |
| 2021 | $1,104,968 | — | — | −$696,378 | $408,590 | $— | $24,185 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2025 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2024 | +6.0% | +6.0% | ~100% | 2.1400% | Verified |
| 2023 | +0.5% | +0.5% | ~100% | 2.0600% | Verified |
| 2022 | +2.7% | +2.7% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | -1.0% | -1.0% | +5.3% | 2025 | -12.6% | 2022 |
| Assessment Ratio | 100.0% | 60.2% | — | 100.0% | 2025 | 37.0% | 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 |
$23,420 | $22,609 | ~$20,492 | $24,185 | 2021 | $20,548 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,038,010 | ~$1,038,010 | ~2.1595% | ~$22,416 | -1.2% |
| 2027 | ~$1,025,114 | ~$1,025,114 | ~2.0908% | ~$21,433 | -2.5% |
| 2028 | ~$1,012,377 | ~$1,012,377 | ~2.0221% | ~$20,471 | -3.7% |
| 2029 | ~$999,799 | ~$999,799 | ~1.9534% | ~$19,530 | -4.9% |
| 2030 | ~$987,377 | ~$987,377 | ~1.8847% | ~$18,609 | -6.1% |
| 2026 | ~$1,016,989 | ~$1,016,989 | ~2.2282% | ~$22,660 | -3.2% |
| 2027 | ~$984,014 | ~$984,014 | ~2.2282% | ~$21,926 | -6.4% |
| 2028 | ~$952,108 | ~$952,108 | ~2.2282% | ~$21,215 | -9.4% |
| 2029 | ~$921,236 | ~$921,236 | ~2.2282% | ~$20,527 | -12.4% |
| 2030 | ~$891,366 | ~$891,366 | ~2.2282% | ~$19,861 | -15.2% |
| 2026 | ~$1,059,032 | ~$1,059,032 | ~2.1251% | ~$22,506 | +0.8% |
| 2027 | ~$1,067,054 | ~$1,067,054 | ~2.0221% | ~$21,577 | +1.5% |
| 2028 | ~$1,075,138 | ~$1,075,138 | ~1.9190% | ~$20,632 | +2.3% |
| 2029 | ~$1,083,283 | ~$1,083,283 | ~1.8160% | ~$19,672 | +3.1% |
| 2030 | ~$1,091,490 | ~$1,091,490 | ~1.7129% | ~$18,697 | +3.8% |
In 2025, this property's market value of $1,051,069 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -26% below 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 | $1,051,069 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $998,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $992,542 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $966,263 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,104,968 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.