15608 SPRING HILL LN TX 78660
| Owner | HILTON CAPITAL INVESTMENT LLC |
|---|---|
| Parcel ID | 0272300108 |
| Short ID | 275610 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 18,738 SF |
| Land SF | 77,145 SF |
| Acres | 1.771 |
| Year Built | 1984 |
| Legal | LOT 5 LESS N.18ACR & LOT 6 BLK A SPRING HILL VILLAGE |
| Neighborhood | 43PFL/FNE |
| Land | $1,157,175 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,157,175 |
| Improvement | $980,389 |
|---|---|
| Total Improvement | $980,389 |
| Market | $2,137,564 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,137,564 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,137,564 |
| Taxable Value | $2,137,564 |
|---|
Appreciation: Market value has fallen -6.9% from $2,296,659 (2021) to $2,137,564 (2025), a CAGR of -1.8% 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 1.7240% in 2025 (+0.0338% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $36,852. Pflugerville ISD is the largest single contributor, at 64.2% 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 54% of market value ($1,157,175 land vs $980,389 improvements), about $15/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,137,564, 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,954,103 by 2030, with an estimated annual tax burden around $27,140. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 26,800 SF | ✗ |
| 1ST | 1st Floor | 18,738 SF | ✓ |
| 501 | CANOPY | 4,806 SF | ✗ |
| 611 | TERRACE | 3,606 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% | $23,660.70 | $23,660.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,033.93 | $8,033.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,522.82 | $2,522.82 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,982.91 | $1,982.91 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $651.96 | $651.96 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $36,852.32 | $36,852.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,328,493 | $2,137,564 | +8.9% |
| Assessed Value | $2,328,493 | $2,137,564 | +8.9% |
| Land Value | $1,157,175 | $1,157,175 | +0.0% |
| Improvement Value | $1,171,318 | $980,389 | +19.5% |
| Taxable Value | $2,328,493 | $2,137,564 | +8.9% |
| Total Tax 2026 = estimate |
~$40,144
Estimated
|
~$36,852
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,328,493 | $2,328,493 | +0 (+0.0%) |
| Taxable Value | $2,328,493 | $2,328,493 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,328,493 | $1,157,175 | $1,171,318 | — | $2,328,493 | $2,328,493 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,137,564 | $1,157,175 | $980,389 | — | $2,137,564 | $2,137,564 | ~$36,852 | Partial |
| 2024 | $2,100,000 | — | — | −$942,825 | $1,157,175 | $— | $35,494 | Verified |
| 2023 | $2,045,929 | — | — | −$888,754 | $1,157,175 | $— | $33,912 | Verified |
| 2022 | $2,002,526 | — | — | −$1,231,076 | $771,450 | $— | $36,541 | Verified |
| 2021 | $2,296,659 | — | — | −$1,525,209 | $771,450 | $— | $39,894 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.9% | +8.9% | ~100% | Not available | Partial |
| 2025 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2024 | +8.2% | +8.2% | ~100% | 1.5400% | Verified |
| 2023 | +4.4% | +4.4% | ~100% | 1.5900% | Verified |
| 2022 | +2.2% | +2.2% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 1.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.9% | +0.5% | -3.4% | +8.9% | 2026 | -12.8% | 2022 |
| Assessment Ratio | 100.0% | 64.0% | — | 100.0% | 2025 | 33.6% | 2021 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,852 | $36,539 | ~$30,906 | $39,894 | 2021 | $33,912 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,099,543 | ~$2,099,543 | ~1.6570% | ~$34,789 | -1.8% |
| 2027 | ~$2,062,198 | ~$2,062,198 | ~1.5900% | ~$32,788 | -3.5% |
| 2028 | ~$2,025,518 | ~$2,025,518 | ~1.5229% | ~$30,847 | -5.2% |
| 2029 | ~$1,989,490 | ~$1,989,490 | ~1.4559% | ~$28,965 | -6.9% |
| 2030 | ~$1,954,103 | ~$1,954,103 | ~1.3888% | ~$27,140 | -8.6% |
| 2026 | ~$2,056,792 | ~$2,056,792 | ~1.7240% | ~$35,460 | -3.8% |
| 2027 | ~$1,979,072 | ~$1,979,072 | ~1.7240% | ~$34,120 | -7.4% |
| 2028 | ~$1,904,288 | ~$1,904,288 | ~1.7240% | ~$32,831 | -10.9% |
| 2029 | ~$1,832,331 | ~$1,832,331 | ~1.7240% | ~$31,590 | -14.3% |
| 2030 | ~$1,763,092 | ~$1,763,092 | ~1.7240% | ~$30,396 | -17.5% |
| 2026 | ~$2,142,294 | ~$2,142,294 | ~1.6235% | ~$34,780 | +0.2% |
| 2027 | ~$2,147,035 | ~$2,147,035 | ~1.5229% | ~$32,698 | +0.4% |
| 2028 | ~$2,151,786 | ~$2,151,786 | ~1.4224% | ~$30,606 | +0.7% |
| 2029 | ~$2,156,548 | ~$2,156,548 | ~1.3218% | ~$28,506 | +0.9% |
| 2030 | ~$2,161,320 | ~$2,161,320 | ~1.2213% | ~$26,395 | +1.1% |
In 2025, this property's market value of $2,137,564 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +51% 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 | $2,137,564 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,045,929 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,002,526 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,296,659 | $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.