15232 N INTERSTATE HY 35 TX
| Owner | MAHRAN KATHERINE B |
|---|---|
| Parcel ID | 0274261503 |
| Short ID | 276960 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,428 SF |
| Land SF | 21,504 SF |
| Acres | 0.494 |
| Year Built | 1972 |
| Legal | LOT 1 BLK 15 PAMELA HEIGHTS |
| Neighborhood | 59NOR |
| Land | $301,056 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $301,056 |
| Improvement | $93,344 |
|---|---|
| Total Improvement | $93,344 |
| Market | $394,400 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $394,400 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $394,400 |
| Taxable Value | $394,400 |
|---|
Appreciation: Market value has risen +4.5% from $377,453 (2021) to $394,400 (2025), a CAGR of 1.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 1.7240% in 2025 (+0.0338% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $6,800. Pflugerville ISD is the largest single contributor, at 64.2% 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 76% of market value ($301,056 land vs $93,344 improvements), about $14/SF of land. With value concentrated in the land under a ~54-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 $394,400, 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 +1.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $416,658 by 2030, with an estimated annual tax burden around $5,787. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,428 SF | ✓ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 88 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% | $4,365.61 | $4,365.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,482.33 | $1,482.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $465.48 | $465.48 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $365.87 | $365.87 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $120.29 | $120.29 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $6,799.58 | $6,799.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $511,562 | $394,400 | +29.7% |
| Assessed Value | $473,280 | $394,400 | +20.0% |
| Land Value | $301,056 | $301,056 | +0.0% |
| Improvement Value | $210,506 | $93,344 | +125.5% |
| Taxable Value | $473,280 | $394,400 | +20.0% |
| HS Cap Loss | -$38,282 | — | |
| Total Tax 2026 = estimate |
~$8,160
Estimated
|
~$6,800
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $511,562 | $511,562 | +0 (+0.0%) |
| Taxable Value | $473,280 | $473,280 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $511,562 | $301,056 | $210,506 | −$38,282 | $473,280 | $473,280 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $394,400 | $301,056 | $93,344 | — | $394,400 | $394,400 | ~$6,800 | Partial |
| 2024 | $396,420 | — | — | −$95,364 | $301,056 | $— | $6,958 | Verified |
| 2023 | $418,841 | — | — | −$117,785 | $301,056 | $— | $6,402 | Verified |
| 2022 | $383,207 | — | — | −$82,151 | $301,056 | $— | $7,481 | Verified |
| 2021 | $377,453 | — | — | −$76,397 | $301,056 | $— | $7,634 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.7% | +20.0% | 92.5% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | +3.8% | +3.8% | ~100% | 1.6900% | Verified |
| 2023 | -5.4% | -5.4% | ~100% | 1.6100% | Verified |
| 2022 | +9.3% | +9.3% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +29.7% | +6.9% | -3.5% | +29.7% | 2026 | -5.4% | 2024 |
| Assessment Ratio | 92.5% | 83.1% | — | 100.0% | 2025 | 71.9% | 2023 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,800 | $7,055 | ~$6,202 | $7,634 | 2021 | $6,402 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$398,754 | ~$398,754 | ~1.6570% | ~$6,607 | +1.1% |
| 2027 | ~$403,157 | ~$403,157 | ~1.5900% | ~$6,410 | +2.2% |
| 2028 | ~$407,608 | ~$407,608 | ~1.5229% | ~$6,208 | +3.3% |
| 2029 | ~$412,108 | ~$412,108 | ~1.4559% | ~$6,000 | +4.5% |
| 2030 | ~$416,658 | ~$416,658 | ~1.3888% | ~$5,787 | +5.6% |
| 2026 | ~$390,866 | ~$390,866 | ~1.7240% | ~$6,739 | -0.9% |
| 2027 | ~$387,364 | ~$387,364 | ~1.7240% | ~$6,678 | -1.8% |
| 2028 | ~$383,894 | ~$383,894 | ~1.7240% | ~$6,618 | -2.7% |
| 2029 | ~$380,454 | ~$380,454 | ~1.7240% | ~$6,559 | -3.5% |
| 2030 | ~$377,045 | ~$377,045 | ~1.7240% | ~$6,500 | -4.4% |
| 2026 | ~$406,642 | ~$406,642 | ~1.6235% | ~$6,602 | +3.1% |
| 2027 | ~$419,265 | ~$419,265 | ~1.5229% | ~$6,385 | +6.3% |
| 2028 | ~$432,279 | ~$432,279 | ~1.4224% | ~$6,149 | +9.6% |
| 2029 | ~$445,697 | ~$445,697 | ~1.3218% | ~$5,891 | +13.0% |
| 2030 | ~$459,532 | ~$459,532 | ~1.2213% | ~$5,612 | +16.5% |
In 2025, this property's market value of $394,400 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -72% 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 | $394,400 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $396,420 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $418,841 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $383,207 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $377,453 | $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.