HEATHERWILDE BLVD TX 78660
| Owner | PFLUGERVILLE WELLS BRANCH LLC |
|---|---|
| Parcel ID | 0270300408 |
| Short ID | 480898 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 1,860,404 SF |
| Acres | 42.709 |
| Year Built | — |
| Legal | LOT 1 BLK A CONCORDIA HIGH SCHOOL (1-D-1W) |
| Neighborhood | 1NE2 |
| Land | $3,162,687 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,162,687 |
| Improvement | $76,487,313 |
|---|---|
| Total Improvement | $76,487,313 |
| Market | $79,650,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $79,650,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $79,650,000 |
| Taxable Value | $79,650,000 |
|---|
Appreciation: Market value has risen +2418.4% from $3,162,687 (2021) to $79,650,000 (2025), a CAGR of 124.0% over 4 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 rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2285% in 2025 (+0.0325% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,775,027. Pflugerville ISD is the largest single contributor, at 49.7% 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 4% of market value ($3,162,687 land vs $76,487,313 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 $79,650,000, 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 +261.4% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $49,110,321,591 by 2030, with an estimated annual tax burden around $2,530,074. 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 | 290,400 SF | ✓ |
Market value changed by 93% in 2022, 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% | $881,645.85 | $881,645.85 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $426,127.50 | $426,127.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $299,360.54 | $299,360.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $94,005.32 | $94,005.32 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $73,887.32 | $73,887.32 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $1,775,026.53 | $1,775,026.53 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $79,650,000 | — |
| Assessed Value | — | $79,650,000 | — |
| Land Value | — | $3,162,687 | — |
| Improvement Value | — | $76,487,313 | — |
| Taxable Value | — | $79,650,000 | — |
| Total Tax | Pending certification |
~$1,775,027
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $79,650,000 | $3,162,687 | $76,487,313 | — | $79,650,000 | $79,650,000 | ~$1,775,027 | Partial |
| 2024 | $20,921,228 | — | — | −$17,758,541 | $3,162,687 | $— | $1,717,722 | Verified |
| 2023 | $6,098,050 | — | — | −$2,935,363 | $3,162,687 | $— | $445,214 | Verified |
| 2022 | $— | — | — | — | $3,162,687 | $— | $136,768 | Verified |
| 2021 | $3,162,687 | — | — | — | $3,162,687 | $— | $76,963 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2024 | +273.9% ! | +273.9% | ~100% | 2.2000% | Verified |
| 2023 | +243.1% ! | +243.1% | ~100% | 2.1300% | Verified |
| 2022 | +92.8% ! | +92.8% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2418.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +280.7% | +205.5% | +261.4% | +280.7% | 2025 | +92.8% | 2023 |
| Assessment Ratio | 100.0% | 66.8% | — | 100.0% | 2021 | 15.1% | 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 |
$1,775,027 | $1,003,731 | ~$2,209,231 | $1,775,027 | 2025 | $76,963 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$287,861,232 | ~$87,615,000 | ~2.1773% | ~$1,907,638 | +261.4% |
| 2027 | ~$1,040,352,654 | ~$96,376,500 | ~2.1261% | ~$2,049,022 | +1206.2% |
| 2028 | ~$3,759,914,584 | ~$106,014,150 | ~2.0748% | ~$2,199,606 | +4620.5% |
| 2029 | ~$13,588,620,767 | ~$116,615,565 | ~2.0236% | ~$2,359,817 | +16960.4% |
| 2030 | ~$49,110,321,591 | ~$128,277,122 | ~1.9724% | ~$2,530,074 | +61557.7% |
| 2026 | ~$286,268,232 | ~$87,615,000 | ~2.2285% | ~$1,952,529 | +259.4% |
| 2027 | ~$1,028,870,064 | ~$96,376,500 | ~2.2285% | ~$2,147,782 | +1191.7% |
| 2028 | ~$3,697,838,221 | ~$106,014,150 | ~2.2285% | ~$2,362,560 | +4542.6% |
| 2029 | ~$13,290,315,248 | ~$116,615,565 | ~2.2285% | ~$2,598,816 | +16585.9% |
| 2030 | ~$47,766,416,174 | ~$128,277,122 | ~2.2285% | ~$2,858,698 | +59870.4% |
| 2026 | ~$289,454,232 | ~$87,615,000 | ~2.1517% | ~$1,885,193 | +263.4% |
| 2027 | ~$1,051,898,963 | ~$96,376,500 | ~2.0748% | ~$1,999,642 | +1220.7% |
| 2028 | ~$3,822,681,813 | ~$106,014,150 | ~1.9980% | ~$2,118,130 | +4699.3% |
| 2029 | ~$13,891,920,004 | ~$116,615,565 | ~1.9211% | ~$2,240,318 | +17341.2% |
| 2030 | ~$50,484,306,785 | ~$128,277,122 | ~1.8443% | ~$2,365,763 | +63282.7% |
In 2025, this property's market value of $79,650,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 153× 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 | $79,650,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $20,921,228 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,098,050 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $3,162,687 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | 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.