1215 WELLS BRANCH PKWY TX 78660
| Owner | YALBM LLC & |
|---|---|
| Parcel ID | 0270280401 |
| Short ID | 273949 |
| Type | Real |
| Use Code | 68 Transit Warehouse |
| Valuation | Cost |
| Improvement SF | 11,880 SF |
| Land SF | 225,504 SF |
| Acres | 5.177 |
| Year Built | 1993 |
| Legal | LOT 8 BLK C LESS .0831AC WELLS POINT COMMERCIAL SEC 3 |
| Neighborhood | 68FNOR |
| Land | $2,255,041 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,255,041 |
| Improvement | $1,044,959 |
|---|---|
| Total Improvement | $1,044,959 |
| Market | $3,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,300,000 |
| Taxable Value | $3,300,000 |
|---|
Appreciation: Market value has risen +23.5% from $2,671,888 (2021) to $3,300,000 (2025), a CAGR of 5.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $73,530. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 68% of market value ($2,255,041 land vs $1,044,959 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,300,000, 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 +5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,296,685 by 2030, with an estimated annual tax burden around $80,979. 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 | 116,376 SF | ✗ |
| 1ST | 1st Floor | 11,880 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,400 SF | ✓ |
| 541 | FENCE COMM LF | 1,060 SF | ✗ |
| 408 | LOADING RAMP | 715 SF | ✓ |
| 611 | TERRACE | 150 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $36,527.70 | $36,527.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,292.56 | $17,292.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,402.89 | $12,402.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,894.76 | $3,894.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,412.20 | $3,412.20 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $73,530.11 | $73,530.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,333,000 | $3,300,000 | +1.0% |
| Assessed Value | $3,333,000 | $3,300,000 | +1.0% |
| Land Value | $2,255,041 | $2,255,041 | +0.0% |
| Improvement Value | $1,077,959 | $1,044,959 | +3.2% |
| Taxable Value | $3,333,000 | $3,300,000 | +1.0% |
| Total Tax 2026 = estimate |
~$74,265
Estimated
|
~$73,530
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,333,000 | $3,333,000 | +0 (+0.0%) |
| Taxable Value | $3,333,000 | $3,333,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,333,000 | $2,255,041 | $1,077,959 | — | $3,333,000 | $3,333,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,300,000 | $2,255,041 | $1,044,959 | — | $3,300,000 | $3,300,000 | ~$73,530 | Partial |
| 2024 | $3,380,515 | — | — | −$1,125,474 | $2,255,041 | $— | $72,464 | Verified |
| 2023 | $3,000,000 | — | — | −$744,959 | $2,255,041 | $— | $69,603 | Verified |
| 2022 | $2,700,000 | — | — | −$444,959 | $2,255,041 | $— | $67,288 | Verified |
| 2021 | $2,671,888 | — | — | −$416,847 | $2,255,041 | $— | $67,740 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 2.1400% | Verified |
| 2023 | +12.7% | +12.7% | ~100% | 2.0600% | Verified |
| 2022 | -4.5% | -4.5% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +4.7% | +5.2% | +12.7% | 2024 | -2.4% | 2025 |
| Assessment Ratio | 100.0% | 85.0% | — | 100.0% | 2025 | 66.7% | 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 |
$73,530 | $70,125 | ~$78,115 | $73,530 | 2025 | $67,288 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,478,867 | ~$3,478,867 | ~2.1595% | ~$75,126 | +5.4% |
| 2027 | ~$3,667,430 | ~$3,667,430 | ~2.0908% | ~$76,678 | +11.1% |
| 2028 | ~$3,866,212 | ~$3,866,212 | ~2.0221% | ~$78,178 | +17.2% |
| 2029 | ~$4,075,770 | ~$4,075,770 | ~1.9534% | ~$79,616 | +23.5% |
| 2030 | ~$4,296,685 | ~$4,296,685 | ~1.8847% | ~$80,979 | +30.2% |
| 2026 | ~$3,412,867 | ~$3,412,867 | ~2.2282% | ~$76,045 | +3.4% |
| 2027 | ~$3,529,595 | ~$3,529,595 | ~2.2282% | ~$78,646 | +7.0% |
| 2028 | ~$3,650,315 | ~$3,650,315 | ~2.2282% | ~$81,336 | +10.6% |
| 2029 | ~$3,775,164 | ~$3,775,164 | ~2.2282% | ~$84,118 | +14.4% |
| 2030 | ~$3,904,283 | ~$3,904,283 | ~2.2282% | ~$86,995 | +18.3% |
| 2026 | ~$3,544,867 | ~$3,544,867 | ~2.1251% | ~$75,333 | +7.4% |
| 2027 | ~$3,807,904 | ~$3,807,904 | ~2.0221% | ~$76,999 | +15.4% |
| 2028 | ~$4,090,459 | ~$4,090,459 | ~1.9190% | ~$78,498 | +24.0% |
| 2029 | ~$4,393,980 | ~$4,393,980 | ~1.8160% | ~$79,794 | +33.2% |
| 2030 | ~$4,720,023 | ~$4,720,023 | ~1.7129% | ~$80,851 | +43.0% |
In 2025, this property's market value of $3,300,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +133% 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 | $3,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,380,515 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,700,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,671,888 | $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.