1701 E PFENNIG LN TX 78660
| Owner | SHEEHAN ROBERT J & MICHELLE |
|---|---|
| Parcel ID | 0276460204 |
| Short ID | 463239 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 4,148 SF |
| Land SF | 35,719 SF |
| Acres | 0.820 |
| Year Built | 1980 |
| Legal | ABS 99 SUR 3 BLESSING H ACR .820 |
| Neighborhood | 59NEA |
| Land | $714,384 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $714,384 |
| Improvement | $260,679 |
|---|---|
| Total Improvement | $260,679 |
| Market | $975,063 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $975,063 |
| Value Limitation Adjustment (−) (homestead cap) | −$10,480 |
| Net Appraised (assessed) | $964,583 |
| Taxable Value | $964,583 |
|---|
Appreciation: Market value has risen +56.9% from $621,288 (2021) to $975,063 (2025), a CAGR of 11.9% 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 Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $21,496. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Assessment Gap: Assessed value ($964,583) is $10,480 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 73% of market value ($714,384 land vs $260,679 improvements), about $20/SF of land. With value concentrated in the land under a ~46-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 $975,063, 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 +11.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,712,803 by 2030, with an estimated annual tax burden around $30,640. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,074 SF | ✓ |
| 2ND | 2nd Floor | 2,074 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 484 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 66 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 66 SF | ✗ |
| 340 | STABLE FV | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 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% | $10,676.97 | $10,676.97 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $5,160.52 | $5,160.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,625.34 | $3,625.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,138.43 | $1,138.43 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $894.80 | $894.80 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $21,496.06 | $21,496.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $991,000 | $975,063 | +1.6% |
| Assessed Value | $991,000 | $964,583 | +2.7% |
| Land Value | $714,384 | $714,384 | +0.0% |
| Improvement Value | $276,616 | $260,679 | +6.1% |
| Taxable Value | $991,000 | $964,583 | +2.7% |
| Total Tax 2026 = estimate |
~$22,085
Estimated
|
~$21,496
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,648,002 | $991,000 | -657,002 (-39.9%) |
| Taxable Value | $1,157,500 | $991,000 | -166,500 (-14.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $991,000 | $714,384 | $276,616 | — | $991,000 | $991,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $975,063 | $714,384 | $260,679 | −$10,480 | $964,583 | $964,583 | ~$21,496 | Partial |
| 2024 | $669,849 | — | — | — | $714,384 ! | $— | $17,652 | Verified |
| 2023 | $683,184 | — | — | −$468,869 | $214,315 | $— | $14,255 | Verified |
| 2022 | $634,278 | — | — | −$419,963 | $214,315 | $— | $15,323 | Verified |
| 2021 | $621,288 | — | — | −$406,973 | $214,315 | $— | $15,435 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +69.0% | +20.0% | 70.2% | Not available | Partial |
| 2025 | -6.5% | +20.0% | 98.9% | Not available | Partial |
| 2024 | +55.7% | +20.0% | 77.1% | 1.6900% | Verified |
| 2023 | -7.8% | -7.8% | ~100% | 2.1300% | Verified |
| 2022 | +14.6% | +14.6% | ~100% | 2.1100% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +11.0% | +11.6% | +45.6% | 2025 | -2.0% | 2024 |
| Assessment Ratio | 100.0% | 67.5% | — | 106.6% | 2024 | 31.4% | 2023 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,496 | $16,832 | ~$26,754 | $21,496 | 2025 | $14,255 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,091,359 | ~$1,061,041 | ~2.1773% | ~$23,102 | +11.9% |
| 2027 | ~$1,221,525 | ~$1,167,145 | ~2.1261% | ~$24,814 | +25.3% |
| 2028 | ~$1,367,217 | ~$1,283,860 | ~2.0748% | ~$26,638 | +40.2% |
| 2029 | ~$1,530,285 | ~$1,412,246 | ~2.0236% | ~$28,578 | +56.9% |
| 2030 | ~$1,712,803 | ~$1,553,471 | ~1.9724% | ~$30,640 | +75.7% |
| 2026 | ~$1,071,858 | ~$1,061,041 | ~2.2285% | ~$23,646 | +9.9% |
| 2027 | ~$1,178,261 | ~$1,167,145 | ~2.2285% | ~$26,010 | +20.8% |
| 2028 | ~$1,295,227 | ~$1,283,860 | ~2.2285% | ~$28,611 | +32.8% |
| 2029 | ~$1,423,805 | ~$1,412,246 | ~2.2285% | ~$31,472 | +46.0% |
| 2030 | ~$1,565,146 | ~$1,553,471 | ~2.2285% | ~$34,620 | +60.5% |
| 2026 | ~$1,110,860 | ~$1,061,041 | ~2.1517% | ~$22,830 | +13.9% |
| 2027 | ~$1,265,570 | ~$1,167,145 | ~2.0748% | ~$24,216 | +29.8% |
| 2028 | ~$1,441,826 | ~$1,283,860 | ~1.9980% | ~$25,651 | +47.9% |
| 2029 | ~$1,642,629 | ~$1,412,246 | ~1.9211% | ~$27,131 | +68.5% |
| 2030 | ~$1,871,399 | ~$1,553,471 | ~1.8443% | ~$28,650 | +91.9% |
In 2025, this property's market value of $975,063 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% 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 | $975,063 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $669,849 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $683,184 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $634,278 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $621,288 | $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.