508 OLD AUSTIN-HUTTO RD TX 78660
| Owner | GOVERNMENT LEASES LLC |
|---|---|
| Parcel ID | 0272431101 |
| Short ID | 276363 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 12,740 SF |
| Land SF | 51,401 SF |
| Acres | 1.180 |
| Year Built | 2013 |
| Legal | LOT 1 PFLUGERVILLE EAST BUSINESS PARK |
| Neighborhood | 52NEA |
| Land | $128,503 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $128,503 |
| Improvement | $1,604,779 |
|---|---|
| Total Improvement | $1,604,779 |
| Market | $1,733,282 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,733,282 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,733,282 |
| Taxable Value | $1,733,282 |
|---|
Appreciation: Market value has fallen -22.1% from $2,225,000 (2021) to $1,733,282 (2025), a CAGR of -6.1% over 4 years. Growth has been relatively flat for this asset class. 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 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 $38,627. 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 7% of market value ($128,503 land vs $1,604,779 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,733,282, 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 -6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,268,508 by 2030, with an estimated annual tax burden around $25,019. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 12,740 SF | ✓ |
| 491 | SPRINKLER HEADS | 12,740 SF | ✗ |
| 501 | CANOPY | 70 SF | ✗ |
| 611 | TERRACE | 70 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% | $19,185.70 | $19,185.70 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $9,273.06 | $9,273.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,514.45 | $6,514.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,045.67 | $2,045.67 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,607.88 | $1,607.88 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $38,626.76 | $38,626.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,008,123 | $1,733,282 | +15.9% |
| Assessed Value | $2,008,123 | $1,733,282 | +15.9% |
| Land Value | $128,503 | $128,503 | +0.0% |
| Improvement Value | $1,879,620 | $1,604,779 | +17.1% |
| Taxable Value | $495,154 | $1,733,282 | -71.4% |
| Total Tax 2026 = estimate |
~$11,035
Estimated
|
~$38,627
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,008,123 | $2,008,123 | +0 (+0.0%) |
| Taxable Value | $2,008,123 | $495,154 | -1,512,969 (-75.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,008,123 | $128,503 | $1,879,620 | — | $2,008,123 | $495,154 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,733,282 | $128,503 | $1,604,779 | — | $1,733,282 | $1,733,282 | ~$38,627 | Partial |
| 2024 | $2,308,214 | — | — | −$2,179,711 | $128,503 | $— | $51,251 | Verified |
| 2023 | $2,376,432 | — | — | −$2,247,929 | $128,503 | $— | $49,120 | Verified |
| 2022 | $2,288,248 | — | — | −$2,159,745 | $128,503 | $— | $53,299 | Verified |
| 2021 | $2,225,000 | — | — | −$2,096,497 | $128,503 | $— | $55,684 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.9% | +15.9% | ~100% | Not available | Partial |
| 2025 | -25.7% | -25.7% | ~100% | Not available | Partial |
| 2024 | +1.1% | +1.1% | ~100% | 2.2000% | Verified |
| 2023 | -2.9% | -2.9% | ~100% | 2.1300% | Verified |
| 2022 | +3.9% | +3.9% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -24.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.9% | -1.0% | -8.6% | +15.9% | 2026 | -24.9% | 2025 |
| Assessment Ratio | 100.0% | 37.1% | — | 100.0% | 2025 | 5.4% | 2023 |
| 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 |
$38,627 | $49,596 | ~$30,028 | $55,684 | 2021 | $38,627 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,628,374 | ~$1,628,374 | ~2.1773% | ~$35,455 | -6.1% |
| 2027 | ~$1,529,815 | ~$1,529,815 | ~2.1261% | ~$32,525 | -11.7% |
| 2028 | ~$1,437,221 | ~$1,437,221 | ~2.0748% | ~$29,820 | -17.1% |
| 2029 | ~$1,350,232 | ~$1,350,232 | ~2.0236% | ~$27,323 | -22.1% |
| 2030 | ~$1,268,508 | ~$1,268,508 | ~1.9724% | ~$25,019 | -26.8% |
| 2026 | ~$1,646,618 | ~$1,646,618 | ~2.2285% | ~$36,695 | -5.0% |
| 2027 | ~$1,564,287 | ~$1,564,287 | ~2.2285% | ~$34,861 | -9.8% |
| 2028 | ~$1,486,073 | ~$1,486,073 | ~2.2285% | ~$33,118 | -14.3% |
| 2029 | ~$1,411,769 | ~$1,411,769 | ~2.2285% | ~$31,462 | -18.5% |
| 2030 | ~$1,341,181 | ~$1,341,181 | ~2.2285% | ~$29,889 | -22.6% |
| 2026 | ~$1,663,039 | ~$1,663,039 | ~2.1517% | ~$35,783 | -4.1% |
| 2027 | ~$1,595,643 | ~$1,595,643 | ~2.0748% | ~$33,107 | -7.9% |
| 2028 | ~$1,530,978 | ~$1,530,978 | ~1.9980% | ~$30,588 | -11.7% |
| 2029 | ~$1,468,934 | ~$1,468,934 | ~1.9211% | ~$28,220 | -15.3% |
| 2030 | ~$1,409,404 | ~$1,409,404 | ~1.8443% | ~$25,993 | -18.7% |
In 2025, this property's market value of $1,733,282 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +22% 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 | $1,733,282 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,308,214 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,376,432 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,288,248 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,225,000 | $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.