209 S 12 ST 203 TX 78660
| Owner | VERDONE HOLDINGS LLC |
|---|---|
| Parcel ID | 0272382008 |
| Short ID | 913889 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 850 SF |
| Land SF | 3,557 SF |
| Acres | 0.082 |
| Year Built | 2018 |
| Legal | UNT 203 PFLUGERVILLE LIBRARY OFFICE CONDOMINIUM PLUS 9.0909 % INT IN COM AREA |
| Neighborhood | 23NE03 |
| Land | $24,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $24,900 |
| Improvement | $266,734 |
|---|---|
| Total Improvement | $266,734 |
| Market | $291,634 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $291,634 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $291,634 |
| Taxable Value | $291,634 |
|---|
Appreciation: Market value has risen +21438.7% from $1,354 (2021) to $291,634 (2025), a CAGR of 283.1% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial 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 $6,499. 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 ($24,900 land vs $266,734 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $291,634, this parcel sits in the bottom quartile (<25th 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 +283.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $240,637,062 by 2030, with an estimated annual tax burden around $9,264. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 850 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% | $2,969.85 | $2,969.85 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $1,435.42 | $1,435.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,008.40 | $1,008.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $316.66 | $316.66 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $248.89 | $248.89 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $5,979.22 | $5,979.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $290,455 | $291,634 | -0.4% |
| Assessed Value | $290,455 | $291,634 | -0.4% |
| Land Value | $24,900 | $24,900 | +0.0% |
| Improvement Value | $265,555 | $266,734 | -0.4% |
| Taxable Value | $290,455 | $291,634 | -0.4% |
| Total Tax 2026 = estimate |
~$6,473
Estimated
|
~$5,979
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $319,181 | $290,455 | -28,726 (-9.0%) |
| Taxable Value | $319,181 | $290,455 | -28,726 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $290,455 | $24,900 | $265,555 | — | $290,455 | $290,455 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $291,634 | $24,900 | $266,734 | — | $291,634 | $291,634 | ~$5,979 | Partial |
| 2024 | $265,403 | — | — | −$240,503 | $24,900 | $— | $6,877 | Verified |
| 2023 | $221,791 | — | — | −$196,891 | $24,900 | $— | $5,648 | Verified |
| 2022 | $205,729 | — | — | −$180,829 | $24,900 | $— | $4,974 | Verified |
| 2021 | $1,354 | — | — | — | $24,900 ! | $— | $5,006 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2025 | -6.9% | -6.9% | ~100% | Not available | Partial |
| 2024 | +18.0% | +18.0% | ~100% | 2.2000% | Verified |
| 2023 | +19.7% | +19.7% | ~100% | 2.1300% | Verified |
| 2022 | +7.8% | +7.8% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.4% | +3026.2% | +283.4% | +15094.2% | 2022 | -0.4% | 2026 |
| Assessment Ratio | 100.0% | 345.3% | — | 1839.0% | 2021 | 9.4% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,979 | $5,697 | ~$8,089 | $6,877 | 2024 | $4,974 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,117,231 | ~$320,797 | ~2.1773% | ~$6,985 | +283.1% |
| 2027 | ~$4,280,041 | ~$352,877 | ~2.1261% | ~$7,502 | +1367.6% |
| 2028 | ~$16,396,561 | ~$388,165 | ~2.0748% | ~$8,054 | +5522.3% |
| 2029 | ~$62,814,173 | ~$426,981 | ~2.0236% | ~$8,640 | +21438.7% |
| 2030 | ~$240,637,062 | ~$469,679 | ~1.9724% | ~$9,264 | +82413.4% |
| 2026 | ~$1,111,398 | ~$320,797 | ~2.2285% | ~$7,149 | +281.1% |
| 2027 | ~$4,235,468 | ~$352,877 | ~2.2285% | ~$7,864 | +1352.3% |
| 2028 | ~$16,141,097 | ~$388,165 | ~2.2285% | ~$8,650 | +5434.7% |
| 2029 | ~$61,512,684 | ~$426,981 | ~2.2285% | ~$9,515 | +20992.4% |
| 2030 | ~$234,420,890 | ~$469,679 | ~2.2285% | ~$10,467 | +80281.9% |
| 2026 | ~$1,123,064 | ~$320,797 | ~2.1517% | ~$6,903 | +285.1% |
| 2027 | ~$4,324,847 | ~$352,877 | ~2.0748% | ~$7,322 | +1383.0% |
| 2028 | ~$16,654,707 | ~$388,165 | ~1.9980% | ~$7,755 | +5610.8% |
| 2029 | ~$64,136,206 | ~$426,981 | ~1.9211% | ~$8,203 | +21892.0% |
| 2030 | ~$246,984,409 | ~$469,679 | ~1.8443% | ~$8,662 | +84589.9% |
In 2025, this property's market value of $291,634 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -79% 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 | $291,634 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $265,403 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $221,791 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $205,729 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $1,354 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.