WELLS BRANCH PKWY 78660
| Owner | GREEN CITY COMMERCIAL LLC |
|---|---|
| Parcel ID | 0270281701 |
| Short ID | 953974 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 18,600 SF |
| Land SF | 99,752 SF |
| Acres | 2.290 |
| Year Built | 2023 |
| Legal | WELLS BRANCH COMMERCIAL LOTS SEC 1 LOT 1 |
| Neighborhood | NE2 |
| Land | $798,019 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $798,019 |
| Improvement | $7,759,981 |
|---|---|
| Total Improvement | $7,759,981 |
| Market | $8,558,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,558,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,558,000 |
| Taxable Value | $8,558,000 |
|---|
Appreciation: Market value has risen +177.0% from $3,088,993 (2024) to $8,558,000 (2025), a CAGR of 177.0% 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 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 $190,688. 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 9% of market value ($798,019 land vs $7,759,981 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 $8,558,000, 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 +177.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,396,847,749 by 2030, with an estimated annual tax burden around $259,762. 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 | 18,600 SF | ✓ |
Market value changed by 1308% 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% | $94,728.50 | $94,728.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,845.37 | $44,845.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,164.82 | $32,164.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,100.41 | $10,100.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,848.97 | $8,848.97 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $190,688.07 | $190,688.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,679,767 | $8,558,000 | +1.4% |
| Assessed Value | $8,679,767 | $8,558,000 | +1.4% |
| Land Value | $798,019 | $798,019 | +0.0% |
| Improvement Value | $7,881,748 | $7,759,981 | +1.6% |
| Taxable Value | $8,679,767 | $8,558,000 | +1.4% |
| Total Tax 2026 = estimate |
~$193,401
Estimated
|
~$190,688
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,472,769 | $8,679,767 | -793,002 (-8.4%) |
| Taxable Value | $9,472,769 | $8,679,767 | -793,002 (-8.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,679,767 | $798,019 | $7,881,748 | — | $8,679,767 | $8,679,767 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,558,000 | $798,019 | $7,759,981 | — | $8,558,000 | $8,558,000 | ~$190,688 | Partial |
| 2024 | $3,088,993 | — | — | −$2,290,974 | $798,019 | $— | $186,694 | Verified |
| 2023 | $— | — | — | — | $219,455 | $— | $63,601 | Verified |
| 2022 | $— | — | — | — | $219,455 | $— | $4,922 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.7% | +10.7% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +182.7% ! | +182.7% | ~100% | 2.1400% | Verified |
| 2023 | +1307.6% ! | +1307.6% | ~100% | 2.0600% | Verified |
| 2022 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3799.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.4% | +89.2% | +176.3% | +177.0% | 2025 | +1.4% | 2026 |
| Assessment Ratio | 100.0% | 75.3% | — | 100.0% | 2025 | 25.8% | 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 |
$190,688 | $188,691 | ~$230,928 | $190,688 | 2025 | $186,694 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$23,709,786 | ~$9,413,800 | ~2.1595% | ~$203,290 | +177.0% |
| 2027 | ~$65,687,540 | ~$10,355,180 | ~2.0908% | ~$216,505 | +667.6% |
| 2028 | ~$181,986,158 | ~$11,390,698 | ~2.0221% | ~$230,330 | +2026.5% |
| 2029 | ~$504,189,404 | ~$12,529,768 | ~1.9534% | ~$244,755 | +5791.4% |
| 2030 | ~$1,396,847,749 | ~$13,782,745 | ~1.8847% | ~$259,762 | +16222.1% |
| 2026 | ~$23,538,626 | ~$9,413,800 | ~2.2282% | ~$209,757 | +175.0% |
| 2027 | ~$64,742,572 | ~$10,355,180 | ~2.2282% | ~$230,733 | +656.5% |
| 2028 | ~$178,073,289 | ~$11,390,698 | ~2.2282% | ~$253,806 | +1980.8% |
| 2029 | ~$489,787,404 | ~$12,529,768 | ~2.2282% | ~$279,186 | +5623.2% |
| 2030 | ~$1,347,151,517 | ~$13,782,745 | ~2.2282% | ~$307,105 | +15641.4% |
| 2026 | ~$23,880,946 | ~$9,413,800 | ~2.1251% | ~$200,056 | +179.0% |
| 2027 | ~$66,639,355 | ~$10,355,180 | ~2.0221% | ~$209,391 | +678.7% |
| 2028 | ~$185,955,930 | ~$11,390,698 | ~1.9190% | ~$218,592 | +2072.9% |
| 2029 | ~$518,906,707 | ~$12,529,768 | ~1.8160% | ~$227,540 | +5963.4% |
| 2030 | ~$1,447,999,908 | ~$13,782,745 | ~1.7129% | ~$236,091 | +16819.8% |
In 2025, this property's market value of $8,558,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,558,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,088,993 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above 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.