16720 CENTRAL COMMERCE DR TX 78733
| Owner | KLATT PROPERTIES L L C |
|---|---|
| Parcel ID | 0280260104 |
| Short ID | 481808 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 430,808 SF |
| Acres | 9.890 |
| Year Built | — |
| Legal | LOT 2 BLK A WESTON PARK |
| Neighborhood | 1NE3 |
| Land | $1,809,394 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,809,394 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,450,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,450,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,450,000 |
| Taxable Value | $1,450,000 |
|---|
Appreciation: Market value has fallen -7.9% from $1,575,000 (2021) to $1,450,000 (2025), a CAGR of -2.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7240% in 2025 (+0.0338% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $24,998. Pflugerville ISD is the largest single contributor, at 64.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 125% of market value ($1,809,394 land vs $0 improvements), about $4/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.
Submarket Position: At $1,450,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 -2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,307,607 by 2030, with an estimated annual tax burden around $18,161. 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.
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% | $16,050.05 | $16,050.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,449.75 | $5,449.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,711.33 | $1,711.33 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,345.09 | $1,345.09 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $442.25 | $442.25 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $24,998.47 | $24,998.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,450,000 | $1,450,000 | +0.0% |
| Assessed Value | $1,450,000 | $1,450,000 | +0.0% |
| Land Value | $1,809,394 | $1,809,394 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,450,000 | $1,450,000 | +0.0% |
| Total Tax 2026 = estimate |
~$24,998
Estimated
|
~$24,998
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,809,394 | $1,450,000 | -359,394 (-19.9%) |
| Taxable Value | $1,740,000 | $1,450,000 | -290,000 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,450,000 | $1,809,394 | — | — | $1,450,000 | $1,450,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,450,000 | $1,809,394 | — | — | $1,450,000 | $1,450,000 | ~$24,998 | Partial |
| 2024 | $— | — | — | — | $1,809,394 | $— | $30,583 | Verified |
| 2023 | $— | — | — | — | $1,809,394 | $— | $29,219 | Verified |
| 2022 | $— | — | — | — | $1,575,000 | $— | $28,130 | Verified |
| 2021 | $1,575,000 | — | — | — | $1,575,000 | $— | $31,377 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.8% | +20.0% | 96.2% | Not available | Partial |
| 2025 | -19.9% | -19.9% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.6900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6100% | Verified |
| 2022 | +14.9% | +14.9% | ~100% | 1.5500% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -4.0% | -2.0% | +0.0% | 2026 | -7.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,998 | $28,188 | ~$20,801 | $31,377 | 2021 | $24,998 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,420,332 | ~$1,420,332 | ~1.6570% | ~$23,535 | -2.0% |
| 2027 | ~$1,391,271 | ~$1,391,271 | ~1.5900% | ~$22,121 | -4.1% |
| 2028 | ~$1,362,805 | ~$1,362,805 | ~1.5229% | ~$20,754 | -6.0% |
| 2029 | ~$1,334,921 | ~$1,334,921 | ~1.4559% | ~$19,435 | -7.9% |
| 2030 | ~$1,307,607 | ~$1,307,607 | ~1.3888% | ~$18,161 | -9.8% |
| 2026 | ~$1,391,332 | ~$1,391,332 | ~1.7240% | ~$23,987 | -4.0% |
| 2027 | ~$1,335,038 | ~$1,335,038 | ~1.7240% | ~$23,016 | -7.9% |
| 2028 | ~$1,281,021 | ~$1,281,021 | ~1.7240% | ~$22,085 | -11.7% |
| 2029 | ~$1,229,190 | ~$1,229,190 | ~1.7240% | ~$21,192 | -15.2% |
| 2030 | ~$1,179,456 | ~$1,179,456 | ~1.7240% | ~$20,334 | -18.7% |
| 2026 | ~$1,449,332 | ~$1,449,332 | ~1.6235% | ~$23,530 | -0.0% |
| 2027 | ~$1,448,664 | ~$1,448,664 | ~1.5229% | ~$22,062 | -0.1% |
| 2028 | ~$1,447,997 | ~$1,447,997 | ~1.4224% | ~$20,596 | -0.1% |
| 2029 | ~$1,447,330 | ~$1,447,330 | ~1.3218% | ~$19,131 | -0.2% |
| 2030 | ~$1,446,663 | ~$1,446,663 | ~1.2213% | ~$17,668 | -0.2% |
In 2025, this property's market value of $1,450,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 17× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,450,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $1,575,000 | $6,000 | $14,480 | $80,000 | ↑ 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.