202 N SECOND ST TX 78660
| Owner | BENTLEY MANOR PROPERTIES LLC |
|---|---|
| Parcel ID | 0272401402 |
| Short ID | 276144 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,250 SF |
| Land SF | 12,500 SF |
| Acres | 0.287 |
| Year Built | 1983 |
| Legal | LOT 4 BLK 6 PFLUGERVILLE |
| Neighborhood | 05NE |
| Land | $100,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $100,000 |
| Improvement | $897,500 |
|---|---|
| Total Improvement | $897,500 |
| Market | $997,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $997,500 |
| Value Limitation Adjustment (−) (homestead cap) | −$21,000 |
| Net Appraised (assessed) | $976,500 |
| Taxable Value | $976,500 |
|---|
Appreciation: Market value has risen +72.7% from $577,500 (2021) to $997,500 (2025), a CAGR of 14.6% 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 $21,762. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Assessment Gap: Assessed value ($976,500) is $21,000 below market value, suggesting potential for an upward assessment in future years.
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 10% of market value ($100,000 land vs $897,500 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $997,500, 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 +14.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,975,214 by 2030, with an estimated annual tax burden around $31,018. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,500 SF | ✗ |
| 1ST | 1st Floor | 2,625 SF | ✓ |
| 2ND | 2nd Floor | 2,625 SF | ✓ |
| 611 | TERRACE | 256 SF | ✗ |
| 511 | DECK | 200 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 531 | OBS FENCE | 1 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% | $10,808.88 | $10,808.88 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $5,224.28 | $5,224.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,670.13 | $3,670.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,152.49 | $1,152.49 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $905.85 | $905.85 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $21,761.63 | $21,761.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $820,000 | $997,500 | -17.8% |
| Assessed Value | $820,000 | $976,500 | -16.0% |
| Land Value | $100,000 | $100,000 | +0.0% |
| Improvement Value | $720,000 | $897,500 | -19.8% |
| Taxable Value | $820,000 | $976,500 | -16.0% |
| Total Tax 2026 = estimate |
~$18,274
Estimated
|
~$21,762
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $997,500 | $820,000 | -177,500 (-17.8%) |
| Taxable Value | $997,500 | $820,000 | -177,500 (-17.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $820,000 | $100,000 | $720,000 | — | $820,000 | $820,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $997,500 | $100,000 | $897,500 | −$21,000 | $976,500 | $976,500 | ~$21,762 | Partial |
| 2024 | $735,000 | — | — | −$635,000 | $100,000 | $— | $17,870 | Verified |
| 2023 | $682,500 | — | — | −$582,500 | $100,000 | $— | $15,641 | Verified |
| 2022 | $630,000 | — | — | −$530,000 | $100,000 | $— | $15,307 | Verified |
| 2021 | $577,500 | — | — | −$477,500 | $100,000 | $— | $15,331 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +2.2% | ~100% | Not available | Partial |
| 2025 | +22.6% | +20.0% | 97.9% | Not available | Partial |
| 2024 | +10.7% | +10.7% | ~100% | 2.2000% | Verified |
| 2023 | +7.7% | +7.7% | ~100% | 2.1300% | Verified |
| 2022 | +8.3% | +8.3% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.8% | +8.6% | +19.6% | +35.7% | 2025 | -17.8% | 2026 |
| Assessment Ratio | 100.0% | 43.2% | — | 100.0% | 2026 | 13.6% | 2024 |
| Effective Tax Rate (2025) | 2.1800% | 2.1800% | — | 2.1800% | 2025 | 2.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,762 | $17,182 | ~$27,085 | $21,762 | 2025 | $15,307 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,143,545 | ~$1,074,150 | ~2.1773% | ~$23,387 | +14.6% |
| 2027 | ~$1,310,972 | ~$1,181,565 | ~2.1261% | ~$25,121 | +31.4% |
| 2028 | ~$1,502,912 | ~$1,299,722 | ~2.0748% | ~$26,967 | +50.7% |
| 2029 | ~$1,722,955 | ~$1,429,694 | ~2.0236% | ~$28,931 | +72.7% |
| 2030 | ~$1,975,214 | ~$1,572,663 | ~1.9724% | ~$31,018 | +98.0% |
| 2026 | ~$1,123,595 | ~$1,074,150 | ~2.2285% | ~$23,938 | +12.6% |
| 2027 | ~$1,265,629 | ~$1,181,565 | ~2.2285% | ~$26,332 | +26.9% |
| 2028 | ~$1,425,618 | ~$1,299,722 | ~2.2285% | ~$28,965 | +42.9% |
| 2029 | ~$1,605,831 | ~$1,429,694 | ~2.2285% | ~$31,861 | +61.0% |
| 2030 | ~$1,808,826 | ~$1,572,663 | ~2.2285% | ~$35,047 | +81.3% |
| 2026 | ~$1,163,495 | ~$1,074,150 | ~2.1517% | ~$23,112 | +16.6% |
| 2027 | ~$1,357,113 | ~$1,181,565 | ~2.0748% | ~$24,515 | +36.1% |
| 2028 | ~$1,582,951 | ~$1,299,722 | ~1.9980% | ~$25,968 | +58.7% |
| 2029 | ~$1,846,371 | ~$1,429,694 | ~1.9211% | ~$27,466 | +85.1% |
| 2030 | ~$2,153,626 | ~$1,572,663 | ~1.8443% | ~$29,004 | +115.9% |
In 2025, this property's market value of $997,500 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +92% above 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 | $997,500 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $735,000 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $682,500 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $630,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $577,500 | $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.