821 GRAND AVENUE PKWY 401 78660
| Owner | JAMAGA PROPERTIES LLC |
|---|---|
| Parcel ID | 0278301014 |
| Short ID | 812582 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,304 SF |
| Land SF | 5,858 SF |
| Acres | 0.134 |
| Year Built | 2006 |
| Legal | UNT 401 PARKWAY PROFESSIONAL CONDOMINIUMS AMENDED PLUS 7.23 % INT IN COM AREA |
| Neighborhood | 23NE03 |
| Land | $23,431 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $23,431 |
| Improvement | $356,618 |
|---|---|
| Total Improvement | $356,618 |
| Market | $380,049 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $380,049 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $380,049 |
| Taxable Value | $380,049 |
|---|
Appreciation: Market value has risen +135.9% from $161,137 (2021) to $380,049 (2025), a CAGR of 23.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $8,470. Pflugerville ISD is the largest single contributor, at 49.7% 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 6% of market value ($23,431 land vs $356,618 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $380,049, 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 +23.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,110,823 by 2030, with an estimated annual tax burden around $12,072. 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 | 1,304 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% | $4,206.76 | $4,206.76 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $2,033.26 | $2,033.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,428.40 | $1,428.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $448.55 | $448.55 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $352.55 | $352.55 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $8,469.52 | $8,469.52 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $380,049 | — |
| Assessed Value | — | $380,049 | — |
| Land Value | — | $23,431 | — |
| Improvement Value | — | $356,618 | — |
| Taxable Value | — | $380,049 | — |
| Total Tax | Pending certification |
~$8,470
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $380,049 | $23,431 | $356,618 | — | $380,049 | $380,049 | ~$8,470 | Partial |
| 2024 | $357,832 | — | — | −$334,401 | $23,431 | $— | $9,430 | Verified |
| 2023 | $297,871 | — | — | −$274,440 | $23,431 | $— | $7,615 | Verified |
| 2022 | $247,760 | — | — | −$224,329 | $23,431 | $— | $6,681 | Verified |
| 2021 | $161,137 | — | — | −$137,706 | $23,431 | $— | $6,029 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -15.4% | -11.5% | ~100% | Not available | Partial |
| 2024 | +25.5% | +20.0% | 95.6% | 2.1000% | Verified |
| 2023 | +20.1% | +20.1% | ~100% | 2.1300% | Verified |
| 2022 | +8.2% | +8.2% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 3.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.2% | +25.1% | +23.9% | +53.8% | 2022 | +6.2% | 2025 |
| Assessment Ratio | 100.0% | 27.7% | — | 100.0% | 2025 | 6.5% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,470 | $7,645 | ~$10,541 | $9,430 | 2024 | $6,029 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$470,978 | ~$418,054 | ~2.1773% | ~$9,102 | +23.9% |
| 2027 | ~$583,662 | ~$459,859 | ~2.1261% | ~$9,777 | +53.6% |
| 2028 | ~$723,307 | ~$505,845 | ~2.0748% | ~$10,495 | +90.3% |
| 2029 | ~$896,363 | ~$556,430 | ~2.0236% | ~$11,260 | +135.9% |
| 2030 | ~$1,110,823 | ~$612,073 | ~1.9724% | ~$12,072 | +192.3% |
| 2026 | ~$463,377 | ~$418,054 | ~2.2285% | ~$9,316 | +21.9% |
| 2027 | ~$564,975 | ~$459,859 | ~2.2285% | ~$10,248 | +48.7% |
| 2028 | ~$688,850 | ~$505,845 | ~2.2285% | ~$11,273 | +81.3% |
| 2029 | ~$839,884 | ~$556,430 | ~2.2285% | ~$12,400 | +121.0% |
| 2030 | ~$1,024,034 | ~$612,073 | ~2.2285% | ~$13,640 | +169.4% |
| 2026 | ~$478,579 | ~$418,054 | ~2.1517% | ~$8,995 | +25.9% |
| 2027 | ~$602,654 | ~$459,859 | ~2.0748% | ~$9,541 | +58.6% |
| 2028 | ~$758,895 | ~$505,845 | ~1.9980% | ~$10,107 | +99.7% |
| 2029 | ~$955,643 | ~$556,430 | ~1.9211% | ~$10,690 | +151.5% |
| 2030 | ~$1,203,400 | ~$612,073 | ~1.8443% | ~$11,288 | +216.6% |
In 2025, this property's market value of $380,049 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% 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 | $380,049 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $357,832 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $297,871 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $247,760 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $161,137 | $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.