LANDMARK DR
| Owner | CITY OF PFLUGERVILLE |
|---|---|
| Parcel ID | 0276670701 |
| Short ID | 927238 |
| Type | Real |
| Use Code | O Other / Unclassified |
| Valuation | Unknown |
| Improvement SF | — |
| Land SF | 352,496 SF |
| Acres | 8.092 |
| Year Built | — |
| Legal | LOT 59 BLK A VINE CREEK PHS 1 FINAL PLAT OF (PARK) (PARK) |
| Neighborhood | A9740 |
| Land | $1,424 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,424 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,424 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,424 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,424 |
| Taxable Value | $1,424 |
|---|
Appreciation: Market value has risen +48.3% from $960 (2021) to $1,424 (2025), a CAGR of 10.4% over 4 years. This is strong appreciation — well above typical inflation. 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.
Asset Class: O.
Value Composition: Land carries 100% of market value ($1,424 land vs $0 improvements), about $0/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.
Forward Outlook: Holding the +10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,331 by 2030, with an estimated annual tax burden around $0. 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.
Market value changed by 150% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,561 | $1,424 | +150.1% |
| Assessed Value | $3,561 | $1,424 | +150.1% |
| Land Value | $3,561 | $1,424 | +150.1% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,561 | $3,561 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,561 | $3,561 | — | — | $3,561 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,424 | $1,424 | — | — | $1,424 | $— | not in county billing file ⓘ | Partial |
| 2024 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | $1,200 | $— | $26 | Verified |
| 2022 | $— | — | — | — | $960 | $— | $22 | Verified |
| 2021 | $960 | — | — | — | $960 | $— | $23 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +150.1% ! | +150.1% | ~100% | Not available | Partial |
| 2025 | +18.7% | +18.7% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +25.0% | +25.0% | ~100% | 2.1300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +150.1% | +99.2% | -2.9% | +150.1% | 2026 | +48.3% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $23 | $23 | — | $23 | 2021 | $23 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,572 | ~$1,572 | ~0.0000% | ~$0 | +10.4% |
| 2027 | ~$1,734 | ~$1,734 | ~0.0000% | ~$0 | +21.8% |
| 2028 | ~$1,914 | ~$1,914 | ~0.0000% | ~$0 | +34.4% |
| 2029 | ~$2,112 | ~$2,112 | ~0.0000% | ~$0 | +48.3% |
| 2030 | ~$2,331 | ~$2,331 | ~0.0000% | ~$0 | +63.7% |
| 2026 | ~$1,543 | ~$1,543 | ~0.0000% | ~$0 | +8.4% |
| 2027 | ~$1,672 | ~$1,672 | ~0.0000% | ~$0 | +17.4% |
| 2028 | ~$1,812 | ~$1,812 | ~0.0000% | ~$0 | +27.2% |
| 2029 | ~$1,963 | ~$1,963 | ~0.0000% | ~$0 | +37.9% |
| 2030 | ~$2,127 | ~$2,127 | ~0.0000% | ~$0 | +49.4% |
| 2026 | ~$1,600 | ~$1,600 | ~0.0000% | ~$0 | +12.4% |
| 2027 | ~$1,798 | ~$1,798 | ~0.0000% | ~$0 | +26.3% |
| 2028 | ~$2,020 | ~$2,020 | ~0.0000% | ~$0 | +41.9% |
| 2029 | ~$2,270 | ~$2,270 | ~0.0000% | ~$0 | +59.4% |
| 2030 | ~$2,550 | ~$2,550 | ~0.0000% | ~$0 | +79.1% |