301 N RAILROAD AVE TX 78660
| Owner | MO-KAN STORAGE LTD |
|---|---|
| Parcel ID | 0272400635 |
| Short ID | 276107 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 39,983 SF |
| Land SF | 104,980 SF |
| Acres | 2.410 |
| Year Built | 1986 |
| Legal | ABS 621 SUR 5 PARISH C S ACR 2.4100 |
| Neighborhood | 63NEA |
| Land | $1,049,796 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,049,796 |
| Improvement | $402,865 |
|---|---|
| Total Improvement | $402,865 |
| Market | $1,452,661 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,452,661 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,452,661 |
| Taxable Value | $1,452,661 |
|---|
Appreciation: Market value has risen +19.6% from $1,214,348 (2021) to $1,452,661 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.2285% in 2025 (+0.0325% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $32,373. Pflugerville ISD is the largest single contributor, at 51.5% 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 72% of market value ($1,049,796 land vs $402,865 improvements), about $10/SF of land. With value concentrated in the land under a ~40-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,452,661, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,817,359 by 2030, with an estimated annual tax burden around $35,845. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 60,000 SF | ✗ |
| 1ST | 1st Floor | 39,983 SF | ✓ |
| SO | Sketch Only | 28,175 SF | ✗ |
| 881 | COMMCL FINISHOUT | 608 SF | ✓ |
| 541 | FENCE COMM LF | 400 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% | $16,079.50 | $16,079.50 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $6,592.29 | $6,592.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,459.75 | $5,459.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,714.47 | $1,714.47 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,347.56 | $1,347.56 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $31,193.57 | $31,193.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,487,616 | $1,452,661 | +2.4% |
| Assessed Value | $1,487,616 | $1,452,661 | +2.4% |
| Land Value | $1,049,796 | $1,049,796 | +0.0% |
| Improvement Value | $437,820 | $402,865 | +8.7% |
| Taxable Value | $1,487,616 | $1,452,661 | +2.4% |
| Total Tax 2026 = estimate |
~$33,152
Estimated
|
~$31,194
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,487,616 | $1,487,616 | +0 (+0.0%) |
| Taxable Value | $1,487,616 | $1,487,616 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,487,616 | $1,049,796 | $437,820 | — | $1,487,616 | $1,487,616 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,452,661 | $1,049,796 | $402,865 | — | $1,452,661 | $1,452,661 | ~$31,194 | Partial |
| 2024 | $1,325,000 | — | — | −$275,204 | $1,049,796 | $— | $27,943 | Verified |
| 2023 | $1,271,350 | — | — | −$1,061,391 | $209,959 | $— | $27,960 | Verified |
| 2022 | $1,195,200 | — | — | −$985,241 | $209,959 | $— | $28,422 | Verified |
| 2021 | $1,214,348 | — | — | −$1,004,389 | $209,959 | $— | $28,871 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | 2.1100% | Verified |
| 2023 | -6.8% | -6.8% | ~100% | 2.1100% | Verified |
| 2022 | +19.0% | +19.0% | ~100% | 2.0000% | Verified |
| 2021 | base year | — | ~100% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.4% | +4.2% | +4.1% | +9.6% | 2025 | -1.6% | 2022 |
| Assessment Ratio | 100.0% | 55.1% | — | 100.0% | 2025 | 16.5% | 2023 |
| Effective Tax Rate (2025) | 2.1500% | 2.1500% | — | 2.1500% | 2025 | 2.1500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,194 | $28,878 | ~$34,469 | $31,194 | 2025 | $27,943 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,519,216 | ~$1,519,216 | ~2.1773% | ~$33,078 | +4.6% |
| 2027 | ~$1,588,820 | ~$1,588,820 | ~2.1261% | ~$33,779 | +9.4% |
| 2028 | ~$1,661,614 | ~$1,661,614 | ~2.0748% | ~$34,476 | +14.4% |
| 2029 | ~$1,737,742 | ~$1,737,742 | ~2.0236% | ~$35,165 | +19.6% |
| 2030 | ~$1,817,359 | ~$1,817,359 | ~1.9724% | ~$35,845 | +25.1% |
| 2026 | ~$1,490,163 | ~$1,490,163 | ~2.2285% | ~$33,209 | +2.6% |
| 2027 | ~$1,528,633 | ~$1,528,633 | ~2.2285% | ~$34,066 | +5.2% |
| 2028 | ~$1,568,096 | ~$1,568,096 | ~2.2285% | ~$34,946 | +7.9% |
| 2029 | ~$1,608,578 | ~$1,608,578 | ~2.2285% | ~$35,848 | +10.7% |
| 2030 | ~$1,650,105 | ~$1,650,105 | ~2.2285% | ~$36,773 | +13.6% |
| 2026 | ~$1,548,269 | ~$1,548,269 | ~2.1517% | ~$33,314 | +6.6% |
| 2027 | ~$1,650,170 | ~$1,650,170 | ~2.0748% | ~$34,238 | +13.6% |
| 2028 | ~$1,758,778 | ~$1,758,778 | ~1.9980% | ~$35,140 | +21.1% |
| 2029 | ~$1,874,534 | ~$1,874,534 | ~1.9211% | ~$36,012 | +29.0% |
| 2030 | ~$1,997,908 | ~$1,997,908 | ~1.8443% | ~$36,847 | +37.5% |
In 2025, this property's market value of $1,452,661 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +2% 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 | $1,452,661 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,325,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,271,350 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,195,200 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,214,348 | $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.