APPLEWOOD DR TX 78660
| Owner | GOVERNMENT EMPLOYEES FEDERAL |
|---|---|
| Parcel ID | 0272431509 |
| Short ID | 738295 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 2,641 SF |
| Land SF | 46,998 SF |
| Acres | 1.079 |
| Year Built | 2003 |
| Legal | LOT 1-B BLK A WILLOW CREEK SEC 1 RESUB OF LOT 1 BLK A |
| Neighborhood | 58NEA |
| Land | $939,960 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $939,960 |
| Improvement | $310,040 |
|---|---|
| Total Improvement | $310,040 |
| Market | $1,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,250,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$5,086 |
| Net Appraised (assessed) | $1,244,914 |
| Taxable Value | $1,244,914 |
|---|
Appreciation: Market value has risen +18.8% from $1,052,334 (2021) to $1,250,000 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. 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 4 taxing entities is 2.1358% in 2025 (+0.0337% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $26,588. Pflugerville ISD is the largest single contributor, at 51.8% of the total 2025 levy.
Assessment Gap: Assessed value ($1,244,914) is $5,086 below market value, suggesting potential for an upward assessment in future years.
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 75% of market value ($939,960 land vs $310,040 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,250,000, this parcel sits in the lower-middle (25th–50th 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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,550,085 by 2030, with an estimated annual tax burden around $29,082. 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 | 8,500 SF | ✗ |
| 1ST | 1st Floor | 2,641 SF | ✓ |
| 503 | CANOPY - BANK | 1,232 SF | ✗ |
| 501 | CANOPY | 99 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $13,779.95 | $13,779.95 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $6,660.29 | $6,660.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,678.95 | $4,678.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,469.28 | $1,469.28 | Paid |
| Combined Rate | 2.3435% | 2.1628% | 2.0507% | 2.1021% | 2.1358% | +0.0337% | $26,588.47 | $26,588.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,250,000 | $1,250,000 | +0.0% |
| Assessed Value | $1,250,000 | $1,244,914 | +0.4% |
| Land Value | $939,960 | $939,960 | +0.0% |
| Improvement Value | $310,040 | $310,040 | +0.0% |
| Taxable Value | $1,250,000 | $1,244,914 | +0.4% |
| Total Tax 2026 = estimate |
~$26,697
Estimated
|
~$26,588
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,840,951 | $1,250,000 | -590,951 (-32.1%) |
| Taxable Value | $1,493,897 | $1,250,000 | -243,897 (-16.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,250,000 | $939,960 | $310,040 | — | $1,250,000 | $1,250,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,250,000 | $939,960 | $310,040 | −$5,086 | $1,244,914 | $1,244,914 | ~$26,588 | Partial |
| 2024 | $1,000,000 | — | — | −$60,040 | $939,960 | $— | $21,808 | Verified |
| 2023 | $950,000 | — | — | −$574,016 | $375,984 | $— | $20,507 | Verified |
| 2022 | $1,056,987 | — | — | −$681,003 | $375,984 | $— | $20,547 | Verified |
| 2021 | $1,052,334 | — | — | −$676,350 | $375,984 | $— | $24,770 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +47.3% | +20.0% | 81.2% | Not available | Partial |
| 2025 | +20.5% | +20.0% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 2.1000% | Verified |
| 2023 | +5.3% | +5.3% | ~100% | 2.0500% | Verified |
| 2022 | -10.1% | -10.1% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.1% | +4.4% | +25.0% | 2025 | -10.1% | 2023 |
| Assessment Ratio | 100.0% | 67.4% | — | 100.0% | 2026 | 35.6% | 2022 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,588 | $22,844 | ~$28,149 | $26,588 | 2025 | $20,507 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,304,966 | ~$1,304,966 | ~2.0838% | ~$27,193 | +4.4% |
| 2027 | ~$1,362,349 | ~$1,362,349 | ~2.0319% | ~$27,682 | +9.0% |
| 2028 | ~$1,422,255 | ~$1,422,255 | ~1.9800% | ~$28,160 | +13.8% |
| 2029 | ~$1,484,795 | ~$1,484,795 | ~1.9281% | ~$28,628 | +18.8% |
| 2030 | ~$1,550,085 | ~$1,550,085 | ~1.8761% | ~$29,082 | +24.0% |
| 2026 | ~$1,279,966 | ~$1,279,966 | ~2.1358% | ~$27,337 | +2.4% |
| 2027 | ~$1,310,650 | ~$1,310,650 | ~2.1358% | ~$27,992 | +4.9% |
| 2028 | ~$1,342,070 | ~$1,342,070 | ~2.1358% | ~$28,664 | +7.4% |
| 2029 | ~$1,374,242 | ~$1,374,242 | ~2.1358% | ~$29,351 | +9.9% |
| 2030 | ~$1,407,187 | ~$1,407,187 | ~2.1358% | ~$30,054 | +12.6% |
| 2026 | ~$1,329,966 | ~$1,329,966 | ~2.0579% | ~$27,369 | +6.4% |
| 2027 | ~$1,415,047 | ~$1,415,047 | ~1.9800% | ~$28,018 | +13.2% |
| 2028 | ~$1,505,571 | ~$1,505,571 | ~1.9021% | ~$28,637 | +20.4% |
| 2029 | ~$1,601,887 | ~$1,601,887 | ~1.8242% | ~$29,222 | +28.2% |
| 2030 | ~$1,704,364 | ~$1,704,364 | ~1.7463% | ~$29,763 | +36.3% |
In 2025, this property's market value of $1,250,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -12% 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 | $1,250,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $950,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,056,987 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,052,334 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.