2124 PICADILLY DR TX 78664
| Owner | WRENCH PRO LLC |
|---|---|
| Parcel ID | 0280260303 |
| Short ID | 763415 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,300 SF |
| Land SF | 22,753 SF |
| Acres | 0.522 |
| Year Built | 2010 |
| Legal | LOT 4 CALPLY SUBD |
| Neighborhood | 83FNOR |
| Land | $227,530 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $227,530 |
| Improvement | $643,740 |
|---|---|
| Total Improvement | $643,740 |
| Market | $871,270 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $871,270 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $871,270 |
| Taxable Value | $871,270 |
|---|
Appreciation: Market value has risen +37.7% from $632,529 (2021) to $871,270 (2025), a CAGR of 8.3% over 4 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. 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 6 taxing entities is 2.1181% in 2025 (+0.0346% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $18,455. Round Rock ISD is the largest single contributor, at 42.2% 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 26% of market value ($227,530 land vs $643,740 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $871,270, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,300,149 by 2030, with an estimated annual tax burden around $24,845. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 13,000 SF | ✗ |
| 1ST | 1st Floor | 4,300 SF | ✓ |
| SO | Sketch Only | 750 SF | ✗ |
| 482 | LIGHT POLES | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $7,781.31 | $7,781.31 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $4,661.29 | $4,661.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,274.62 | $3,274.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,028.30 | $1,028.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $900.89 | $900.89 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $808.23 | $808.23 | Paid |
| Combined Rate | 2.2839% | 2.1395% | 2.0364% | 2.0835% | 2.1181% | +0.0346% | $18,454.64 | $18,454.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $752,558 | $871,270 | -13.6% |
| Assessed Value | $752,558 | $871,270 | -13.6% |
| Land Value | $227,530 | $227,530 | +0.0% |
| Improvement Value | $525,028 | $643,740 | -18.4% |
| Taxable Value | $752,558 | $871,270 | -13.6% |
| Total Tax 2026 = estimate |
~$15,940
Estimated
|
~$18,455
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $752,558 | $752,558 | +0 (+0.0%) |
| Taxable Value | $752,558 | $752,558 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $752,558 | $227,530 | $525,028 | — | $752,558 | $752,558 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $871,270 | $227,530 | $643,740 | — | $871,270 | $871,270 | ~$18,455 | Partial |
| 2024 | $854,082 | — | — | −$626,552 | $227,530 | $— | $15,694 | Verified |
| 2023 | $704,155 | — | — | −$476,625 | $227,530 | $— | $17,393 | Verified |
| 2022 | $637,548 | — | — | −$410,018 | $227,530 | $— | $15,066 | Verified |
| 2021 | $632,529 | — | — | −$404,999 | $227,530 | $— | $14,561 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.6% | -13.6% | ~100% | Not available | Partial |
| 2025 | +15.7% | +15.7% | ~100% | Not available | Partial |
| 2024 | -11.8% | -11.8% | ~100% | 2.0800% | Verified |
| 2023 | +21.3% | +21.3% | ~100% | 2.0400% | Verified |
| 2022 | +10.4% | +10.4% | ~100% | 2.1400% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.6% | +4.2% | +11.8% | +21.3% | 2024 | -13.6% | 2026 |
| Assessment Ratio | 100.0% | 55.1% | — | 100.0% | 2025 | 26.6% | 2024 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,455 | $16,234 | ~$22,155 | $18,455 | 2025 | $14,561 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$943,889 | ~$943,889 | ~2.0767% | ~$19,602 | +8.3% |
| 2027 | ~$1,022,560 | ~$1,022,560 | ~2.0353% | ~$20,812 | +17.4% |
| 2028 | ~$1,107,789 | ~$1,107,789 | ~1.9938% | ~$22,087 | +27.1% |
| 2029 | ~$1,200,121 | ~$1,200,121 | ~1.9524% | ~$23,431 | +37.7% |
| 2030 | ~$1,300,149 | ~$1,300,149 | ~1.9109% | ~$24,845 | +49.2% |
| 2026 | ~$926,463 | ~$926,463 | ~2.1181% | ~$19,624 | +6.3% |
| 2027 | ~$985,153 | ~$985,153 | ~2.1181% | ~$20,867 | +13.1% |
| 2028 | ~$1,047,561 | ~$1,047,561 | ~2.1181% | ~$22,189 | +20.2% |
| 2029 | ~$1,113,922 | ~$1,113,922 | ~2.1181% | ~$23,594 | +27.9% |
| 2030 | ~$1,184,487 | ~$1,184,487 | ~2.1181% | ~$25,089 | +35.9% |
| 2026 | ~$961,314 | ~$958,397 | ~2.0560% | ~$19,704 | +10.3% |
| 2027 | ~$1,060,664 | ~$1,054,237 | ~1.9938% | ~$21,020 | +21.7% |
| 2028 | ~$1,170,282 | ~$1,159,660 | ~1.9317% | ~$22,401 | +34.3% |
| 2029 | ~$1,291,229 | ~$1,275,626 | ~1.8695% | ~$23,848 | +48.2% |
| 2030 | ~$1,424,675 | ~$1,403,189 | ~1.8074% | ~$25,361 | +63.5% |
In 2025, this property's market value of $871,270 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -39% 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 | $871,270 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $854,082 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $704,155 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $637,548 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $632,529 | $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.