16721 CENTRAL COMMERCE DR TX 78660
| Owner | PICKROY 2000 LLC |
|---|---|
| Parcel ID | 0280280337 |
| Short ID | 571689 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 14,645 SF |
| Land SF | 65,775 SF |
| Acres | 1.510 |
| Year Built | 2015 |
| Legal | LOT 11 BLK A SPRINGBROOK INDUSTRIAL PARK SEC I |
| Neighborhood | 61FNOR |
| Land | $526,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $526,200 |
| Improvement | $1,672,723 |
|---|---|
| Total Improvement | $1,672,723 |
| Market | $2,198,923 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,198,923 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,198,923 |
| Taxable Value | $2,198,923 |
|---|
Appreciation: Market value has risen +18.9% from $1,848,983 (2021) to $2,198,923 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. 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 lagged 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 $49,004. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 24% of market value ($526,200 land vs $1,672,723 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,198,923, this parcel sits in the upper-middle (50th–75th 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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,730,904 by 2030, with an estimated annual tax burden around $53,863. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 31,600 SF | ✗ |
| 1ST | 1st Floor | 14,645 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,200 SF | ✓ |
| 501 | CANOPY | 1,440 SF | ✗ |
| 611 | TERRACE | 1,440 SF | ✗ |
| 327 | STORAGE COMM'L | 460 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% | $24,339.88 | $24,339.88 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $11,764.24 | $11,764.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,264.54 | $8,264.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,595.23 | $2,595.23 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $2,039.83 | $2,039.83 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $49,003.72 | $49,003.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,539,630 | $2,198,923 | +15.5% |
| Assessed Value | $2,539,630 | $2,198,923 | +15.5% |
| Land Value | $526,200 | $526,200 | +0.0% |
| Improvement Value | $2,013,430 | $1,672,723 | +20.4% |
| Taxable Value | $2,539,630 | $2,198,923 | +15.5% |
| Total Tax 2026 = estimate |
~$56,596
Estimated
|
~$49,004
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,952,383 | $2,539,630 | -412,753 (-14.0%) |
| Taxable Value | $2,638,708 | $2,539,630 | -99,078 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,539,630 | $526,200 | $2,013,430 | — | $2,539,630 | $2,539,630 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,198,923 | $526,200 | $1,672,723 | — | $2,198,923 | $2,198,923 | ~$49,004 | Partial |
| 2024 | $2,365,124 | — | — | −$1,838,924 | $526,200 | $— | $46,882 | Verified |
| 2023 | $1,962,756 | — | — | −$1,436,556 | $526,200 | $— | $50,331 | Verified |
| 2022 | $1,901,627 | — | — | −$1,375,427 | $526,200 | $— | $44,021 | Verified |
| 2021 | $1,848,983 | — | — | −$1,322,783 | $526,200 | $— | $46,276 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +34.3% | +20.0% | 89.4% | Not available | Partial |
| 2025 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2024 | -9.7% | -9.7% | ~100% | 2.2000% | Verified |
| 2023 | +20.5% | +20.5% | ~100% | 2.1300% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.5% | +7.0% | +1.6% | +20.5% | 2024 | -7.0% | 2025 |
| Assessment Ratio | 100.0% | 50.9% | — | 100.0% | 2025 | 22.2% | 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 |
$49,004 | $47,303 | ~$51,944 | $50,331 | 2023 | $44,021 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,296,304 | ~$2,296,304 | ~2.1773% | ~$49,997 | +4.4% |
| 2027 | ~$2,397,997 | ~$2,397,997 | ~2.1261% | ~$50,983 | +9.1% |
| 2028 | ~$2,504,193 | ~$2,504,193 | ~2.0748% | ~$51,958 | +13.9% |
| 2029 | ~$2,615,093 | ~$2,615,093 | ~2.0236% | ~$52,919 | +18.9% |
| 2030 | ~$2,730,904 | ~$2,730,904 | ~1.9724% | ~$53,863 | +24.2% |
| 2026 | ~$2,252,325 | ~$2,252,325 | ~2.2285% | ~$50,194 | +2.4% |
| 2027 | ~$2,307,024 | ~$2,307,024 | ~2.2285% | ~$51,413 | +4.9% |
| 2028 | ~$2,363,051 | ~$2,363,051 | ~2.2285% | ~$52,661 | +7.5% |
| 2029 | ~$2,420,440 | ~$2,420,440 | ~2.2285% | ~$53,940 | +10.1% |
| 2030 | ~$2,479,221 | ~$2,479,221 | ~2.2285% | ~$55,250 | +12.7% |
| 2026 | ~$2,340,282 | ~$2,340,282 | ~2.1517% | ~$50,355 | +6.4% |
| 2027 | ~$2,490,728 | ~$2,490,728 | ~2.0748% | ~$51,678 | +13.3% |
| 2028 | ~$2,650,846 | ~$2,650,846 | ~1.9980% | ~$52,963 | +20.6% |
| 2029 | ~$2,821,257 | ~$2,821,257 | ~1.9211% | ~$54,200 | +28.3% |
| 2030 | ~$3,002,624 | ~$3,002,624 | ~1.8443% | ~$55,376 | +36.5% |
In 2025, this property's market value of $2,198,923 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +55% above 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 | $2,198,923 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,365,124 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,962,756 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,901,627 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,848,983 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.