PICADILLY DR TX 78660
| Owner | HEAVY 2000 LTD |
|---|---|
| Parcel ID | 0280280346 |
| Short ID | 571698 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 11,200 SF |
| Land SF | 95,831 SF |
| Acres | 2.200 |
| Year Built | 2003 |
| Legal | LOT 20 BLK A SPRINGBROOK INDUSTRIAL PARK SEC I |
| Neighborhood | 61FNOR |
| Land | $958,310 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $958,310 |
| Improvement | $858,844 |
|---|---|
| Total Improvement | $858,844 |
| Market | $1,817,154 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,817,154 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,817,154 |
| Taxable Value | $1,817,154 |
|---|
Appreciation: Market value has risen +605.4% from $257,595 (2021) to $1,817,154 (2025), a CAGR of 63.0% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $40,496. 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 53% of market value ($958,310 land vs $858,844 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,817,154, 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 +63.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,891,019 by 2030, with an estimated annual tax burden around $412,044. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 11,300 SF | ✗ |
| 1ST | 1st Floor | 11,200 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,990 SF | ✓ |
| 591 | MASONRY TRIM SF | 420 SF | ✗ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
Market value changed by 605% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $20,114.08 | $20,114.08 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $9,721.77 | $9,721.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,829.68 | $6,829.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,144.66 | $2,144.66 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,685.68 | $1,685.68 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $40,495.87 | $40,495.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,011,110 | $1,817,154 | +10.7% |
| Assessed Value | $2,011,110 | $1,817,154 | +10.7% |
| Land Value | $958,310 | $958,310 | +0.0% |
| Improvement Value | $1,052,800 | $858,844 | +22.6% |
| Taxable Value | $2,011,110 | $1,817,154 | +10.7% |
| Total Tax 2026 = estimate |
~$44,818
Estimated
|
~$40,496
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,487,951 | $2,011,110 | -476,841 (-19.2%) |
| Taxable Value | $2,180,585 | $2,011,110 | -169,475 (-7.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,011,110 | $958,310 | $1,052,800 | — | $2,011,110 | $2,011,110 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,817,154 | $958,310 | $858,844 | — | $1,817,154 | $1,817,154 | ~$40,496 | Partial |
| 2024 | $— | — | — | — | $257,595 | $— | $5,657 | Verified |
| 2023 | $— | — | — | — | $257,595 | $— | $5,482 | Verified |
| 2022 | $— | — | — | — | $257,595 | $— | $5,777 | Verified |
| 2021 | $257,595 | — | — | — | $257,595 | $— | $6,269 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.9% | +20.0% | 87.6% | Not available | Partial |
| 2025 | +605.4% ! | +605.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.2000% | Verified |
| 2023 | +0.0% | +0.0% | ~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): +605.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.7% | +308.1% | +59.8% | +605.4% | 2025 | +10.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$40,496 | $23,382 | ~$200,346 | $40,496 | 2025 | $6,269 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,961,456 | ~$2,961,456 | ~2.1773% | ~$64,480 | +63.0% |
| 2027 | ~$4,826,351 | ~$4,826,351 | ~2.1261% | ~$102,611 | +165.6% |
| 2028 | ~$7,865,611 | ~$7,865,611 | ~2.0748% | ~$163,198 | +332.9% |
| 2029 | ~$12,818,761 | ~$12,818,761 | ~2.0236% | ~$259,399 | +605.4% |
| 2030 | ~$20,891,019 | ~$20,891,019 | ~1.9724% | ~$412,044 | +1049.7% |
| 2026 | ~$2,925,113 | ~$2,925,113 | ~2.2285% | ~$65,187 | +61.0% |
| 2027 | ~$4,708,619 | ~$4,708,619 | ~2.2285% | ~$104,933 | +159.1% |
| 2028 | ~$7,579,569 | ~$7,579,569 | ~2.2285% | ~$168,913 | +317.1% |
| 2029 | ~$12,201,001 | ~$12,201,001 | ~2.2285% | ~$271,903 | +571.4% |
| 2030 | ~$19,640,221 | ~$19,640,221 | ~2.2285% | ~$437,689 | +980.8% |
| 2026 | ~$2,997,799 | ~$2,997,799 | ~2.1517% | ~$64,503 | +65.0% |
| 2027 | ~$4,945,536 | ~$4,945,536 | ~2.0748% | ~$102,611 | +172.2% |
| 2028 | ~$8,158,760 | ~$8,158,760 | ~1.9980% | ~$163,009 | +349.0% |
| 2029 | ~$13,459,688 | ~$13,459,688 | ~1.9211% | ~$258,576 | +640.7% |
| 2030 | ~$22,204,746 | ~$22,204,746 | ~1.8443% | ~$409,513 | +1122.0% |
In 2025, this property's market value of $1,817,154 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +28% 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 | $1,817,154 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $257,595 | $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.