2132 FALCON VILLAGE LN LN TX 78660
| Owner | BEL FALCON LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0275500602 |
| Short ID | 874455 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 307,910 SF |
| Land SF | 871,200 SF |
| Acres | 20.000 |
| Year Built | 2017 |
| Legal | LOT 2 BLK 2 FALCON POINTE POD 7 PHS 1 |
| Neighborhood | 08NE2 |
| Land | $4,356,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,356,000 |
| Improvement | $61,344,000 |
|---|---|
| Total Improvement | $61,344,000 |
| Market | $65,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,700,000 |
| Taxable Value | $65,700,000 |
|---|
Appreciation: Market value has risen +19.5% from $55,000,000 (2021) to $65,700,000 (2025), a CAGR of 4.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2023), 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 lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.4931% in 2025 (+0.0246% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,637,988. Pflugerville ISD is the largest single contributor, at 44.4% of the total 2025 levy.
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 7% of market value ($4,356,000 land vs $61,344,000 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,700,000, 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 +4.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $82,048,136 by 2030, with an estimated annual tax burden around $1,717,022. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 307,910 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% | $698,453.90 | $698,453.90 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $337,585.00 | $337,585.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $237,158.20 | $237,158.20 | Paid |
| U6G Travis County MUD # 15 | 0.3800% | 0.3462% | 0.3140% | 0.2725% | 0.2646% | -0.0079% | $166,962.60 | $166,962.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $74,472.51 | $74,472.51 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $58,534.72 | $58,534.72 | Paid |
| Combined Rate | 2.8135% | 2.5890% | 2.4420% | 2.4685% | 2.4931% | +0.0246% | $1,573,166.93 | $1,573,166.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $61,240,000 | $65,700,000 | -6.8% |
| Assessed Value | $61,240,000 | $65,700,000 | -6.8% |
| Land Value | $4,356,000 | $4,356,000 | +0.0% |
| Improvement Value | $56,884,000 | $61,344,000 | -7.3% |
| Taxable Value | $61,240,000 | $65,700,000 | -6.8% |
| Total Tax 2026 = estimate |
~$1,526,795
Estimated
|
~$1,573,167
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $61,240,000 | $61,240,000 | +0 (+0.0%) |
| Taxable Value | $61,240,000 | $61,240,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $61,240,000 | $4,356,000 | $56,884,000 | — | $61,240,000 | $61,240,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,700,000 | $4,356,000 | $61,344,000 | — | $65,700,000 | $65,700,000 | ~$1,573,167 | Partial |
| 2024 | $66,500,000 | — | — | −$62,144,000 | $4,356,000 | $— | $1,615,041 | Verified |
| 2023 | $62,700,000 | — | — | −$58,344,000 | $4,356,000 | $— | $1,645,847 | Verified |
| 2022 | $— | — | — | — | $4,356,000 | $— | $1,631,072 | Verified |
| 2021 | $55,000,000 | — | — | −$50,644,000 | $4,356,000 | $— | $1,475,325 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2025 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | 2.3700% | Verified |
| 2023 | +13.1% | +13.1% | ~100% | 2.2400% | Verified |
| 2022 | +21.1% | +21.1% | ~100% | 2.5100% | Verified |
| 2021 | base year | — | ~100% | 2.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.8% | +3.0% | +6.1% | +14.0% | 2023 | -6.8% | 2026 |
| Assessment Ratio | 100.0% | 44.3% | — | 100.0% | 2025 | 6.6% | 2024 |
| Effective Tax Rate (2025) | 2.3900% | 2.3900% | — | 2.3900% | 2025 | 2.3900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,573,167 | $1,577,345 | ~$1,689,228 | $1,645,847 | 2023 | $1,475,325 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$68,685,654 | ~$68,685,654 | ~2.4130% | ~$1,657,417 | +4.5% |
| 2027 | ~$71,806,988 | ~$71,806,988 | ~2.3330% | ~$1,675,228 | +9.3% |
| 2028 | ~$75,070,167 | ~$75,070,167 | ~2.2529% | ~$1,691,236 | +14.3% |
| 2029 | ~$78,481,636 | ~$78,481,636 | ~2.1728% | ~$1,705,239 | +19.5% |
| 2030 | ~$82,048,136 | ~$82,048,136 | ~2.0927% | ~$1,717,022 | +24.9% |
| 2026 | ~$67,371,654 | ~$67,371,654 | ~2.4931% | ~$1,679,665 | +2.5% |
| 2027 | ~$69,085,842 | ~$69,085,842 | ~2.4931% | ~$1,722,402 | +5.2% |
| 2028 | ~$70,843,645 | ~$70,843,645 | ~2.4931% | ~$1,766,226 | +7.8% |
| 2029 | ~$72,646,172 | ~$72,646,172 | ~2.4931% | ~$1,811,166 | +10.6% |
| 2030 | ~$74,494,563 | ~$74,494,563 | ~2.4931% | ~$1,857,249 | +13.4% |
| 2026 | ~$69,999,654 | ~$69,999,654 | ~2.3730% | ~$1,661,094 | +6.5% |
| 2027 | ~$74,580,694 | ~$74,580,694 | ~2.2529% | ~$1,680,209 | +13.5% |
| 2028 | ~$79,461,534 | ~$79,461,534 | ~2.1327% | ~$1,694,711 | +20.9% |
| 2029 | ~$84,661,795 | ~$84,661,795 | ~2.0126% | ~$1,703,915 | +28.9% |
| 2030 | ~$90,202,380 | ~$90,202,380 | ~1.8925% | ~$1,707,066 | +37.3% |
In 2025, this property's market value of $65,700,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× 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 | $65,700,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $66,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $62,700,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $55,000,000 | $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.