209 S 12 ST 211 TX 78660
| Owner | ADAM REEM |
|---|---|
| Parcel ID | 0272382012 |
| Short ID | 913893 |
| 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 211 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 | $243,403 |
|---|---|
| Total Improvement | $243,403 |
| Market | $268,303 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $268,303 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $268,303 |
| Taxable Value | $268,303 |
|---|
Appreciation: Market value has risen +19715.6% from $1,354 (2021) to $268,303 (2025), a CAGR of 275.2% 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 $5,979. 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 $243,403 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 $268,303, 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 +275.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $199,472,995 by 2030, with an estimated annual tax burden around $8,523. 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 | $268,303 | +8.3% |
| Assessed Value | $290,455 | $268,303 | +8.3% |
| Land Value | $24,900 | $24,900 | +0.0% |
| Improvement Value | $265,555 | $243,403 | +9.1% |
| Taxable Value | $290,455 | $268,303 | +8.3% |
| 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 | $268,303 | $24,900 | $243,403 | — | $268,303 | $268,303 | ~$5,979 | Partial |
| 2024 | $265,403 | — | — | −$240,503 | $24,900 | $— | $7,239 | 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 | +19.0% | +19.0% | ~100% | Not available | Partial |
| 2025 | -18.6% | -18.6% | ~100% | Not available | Partial |
| 2024 | +24.2% | +24.2% | ~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): +30.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.3% | +3026.2% | +269.5% | +15094.2% | 2022 | +1.1% | 2025 |
| Assessment Ratio | 100.0% | 345.3% | — | 1839.0% | 2021 | 9.4% | 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 |
$5,979 | $5,769 | ~$7,442 | $7,239 | 2024 | $4,974 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,006,647 | ~$295,133 | ~2.1773% | ~$6,426 | +275.2% |
| 2027 | ~$3,776,843 | ~$324,647 | ~2.1261% | ~$6,902 | +1307.7% |
| 2028 | ~$14,170,353 | ~$357,111 | ~2.0748% | ~$7,409 | +5181.5% |
| 2029 | ~$53,165,805 | ~$392,822 | ~2.0236% | ~$7,949 | +19715.6% |
| 2030 | ~$199,472,995 | ~$432,105 | ~1.9724% | ~$8,523 | +74246.2% |
| 2026 | ~$1,001,281 | ~$295,133 | ~2.2285% | ~$6,577 | +273.2% |
| 2027 | ~$3,736,685 | ~$324,647 | ~2.2285% | ~$7,235 | +1292.7% |
| 2028 | ~$13,944,948 | ~$357,111 | ~2.2285% | ~$7,958 | +5097.5% |
| 2029 | ~$52,041,209 | ~$392,822 | ~2.2285% | ~$8,754 | +19296.4% |
| 2030 | ~$194,212,795 | ~$432,105 | ~2.2285% | ~$9,630 | +72285.6% |
| 2026 | ~$1,012,013 | ~$295,133 | ~2.1517% | ~$6,350 | +277.2% |
| 2027 | ~$3,817,216 | ~$324,647 | ~2.0748% | ~$6,736 | +1322.7% |
| 2028 | ~$14,398,174 | ~$357,111 | ~1.9980% | ~$7,135 | +5266.4% |
| 2029 | ~$54,308,530 | ~$392,822 | ~1.9211% | ~$7,547 | +20141.5% |
| 2030 | ~$204,846,560 | ~$432,105 | ~1.8443% | ~$7,969 | +76249.0% |
In 2025, this property's market value of $268,303 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -81% 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 | $268,303 | $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.