19405 FORMAN DR 78660
| Owner | PARK DONGJAE & KATAREENA A |
|---|---|
| Parcel ID | 0276670326 |
| Short ID | 950434 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,963 SF |
| Land SF | 6,250 SF |
| Acres | 0.143 |
| Year Built | 2021 |
| Legal | LOT 28 BLK C VINE CREEK PHS 2 |
| Neighborhood | A9740 |
| Land | $41,419 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,419 |
| Improvement | $325,734 |
|---|---|
| Total Improvement | $325,734 |
| Market | $367,153 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $367,153 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $367,153 |
| Exemptions (−) (HS) | −$73,431 |
|---|---|
| Taxable Value | $293,722 |
Appreciation: Market value has risen +37.6% from $266,874 (2023) to $367,153 (2025), a CAGR of 17.3% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
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 $6,546. Pflugerville ISD is the largest single contributor, at 40.1% of the total 2025 levy.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 11% of market value ($41,419 land vs $325,734 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +17.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $815,078 by 2030, with an estimated annual tax burden around $11,663. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,963 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,963 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 441 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 323 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 89% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $2,514.36 | $2,514.36 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $1,964.27 | $1,964.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,103.94 | $1,103.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $346.66 | $346.66 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $340.59 | $340.59 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $6,269.82 | $6,269.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $345,866 | $367,153 | -5.8% |
| Assessed Value | $345,866 | $367,153 | -5.8% |
| Land Value | $90,000 | $41,419 | +117.3% |
| Improvement Value | $255,866 | $325,734 | -21.4% |
| Taxable Value | $276,693 | $293,722 | -5.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$6,166
Estimated
|
~$6,270
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $385,109 | $345,866 | -39,243 (-10.2%) |
| Taxable Value | $308,087 | $276,693 | -31,394 (-10.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $345,866 | $90,000 | $255,866 | — | $345,866 | $276,693 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $367,153 | $41,419 | $325,734 | — | $367,153 | $293,722 | ~$6,270 | Partial |
| 2024 | $437,538 | — | — | −$397,538 | $40,000 | $— | $7,034 | Verified |
| 2023 | $266,874 | — | — | −$226,874 | $40,000 | $— | $7,847 | Verified |
| 2022 | $— | — | — | — | $32,000 | $— | $5,284 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2024 | -23.3% | -23.3% | ~100% | 1.8200% | Verified |
| 2023 | +88.9% ! | +88.9% | ~100% | 1.5600% | Verified |
| 2022 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.8% | +14.0% | +18.7% | +63.9% | 2024 | -16.1% | 2025 |
| Assessment Ratio | 100.0% | 56.0% | — | 100.0% | 2025 | 9.1% | 2024 |
| Effective Tax Rate (2025) | 1.7100% | 1.7100% | — | 1.7100% | 2025 | 1.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,270 | $7,050 | ~$10,184 | $7,847 | 2023 | $6,270 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$430,643 | ~$403,868 | ~2.1773% | ~$8,793 | +17.3% |
| 2027 | ~$505,112 | ~$444,255 | ~2.1261% | ~$9,445 | +37.6% |
| 2028 | ~$592,459 | ~$488,681 | ~2.0748% | ~$10,139 | +61.4% |
| 2029 | ~$694,910 | ~$537,549 | ~2.0236% | ~$10,878 | +89.3% |
| 2030 | ~$815,078 | ~$591,304 | ~1.9724% | ~$11,663 | +122.0% |
| 2026 | ~$423,300 | ~$403,868 | ~2.2285% | ~$9,000 | +15.3% |
| 2027 | ~$488,033 | ~$444,255 | ~2.2285% | ~$9,900 | +32.9% |
| 2028 | ~$562,666 | ~$488,681 | ~2.2285% | ~$10,890 | +53.3% |
| 2029 | ~$648,712 | ~$537,549 | ~2.2285% | ~$11,979 | +76.7% |
| 2030 | ~$747,917 | ~$591,304 | ~2.2285% | ~$13,177 | +103.7% |
| 2026 | ~$437,986 | ~$403,868 | ~2.1517% | ~$8,690 | +19.3% |
| 2027 | ~$522,485 | ~$444,255 | ~2.0748% | ~$9,218 | +42.3% |
| 2028 | ~$623,285 | ~$488,681 | ~1.9980% | ~$9,764 | +69.8% |
| 2029 | ~$743,533 | ~$537,549 | ~1.9211% | ~$10,327 | +102.5% |
| 2030 | ~$886,980 | ~$591,304 | ~1.8443% | ~$10,905 | +141.6% |
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.