16704 PICADILLY CT TX 78664
| Owner | LYNE REALTY L P |
|---|---|
| Parcel ID | 0280280348 |
| Short ID | 750146 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,750 SF |
| Land SF | 70,209 SF |
| Acres | 1.612 |
| Year Built | 2007 |
| Legal | LOT 16-A BLK A SPRINGBROOK INDUSTRIAL PARK SEC 1 AMD PLAT LTS 16-18 BL A |
| Neighborhood | 61FNOR |
| Land | $491,463 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $491,463 |
| Improvement | $1,192,936 |
|---|---|
| Total Improvement | $1,192,936 |
| Market | $1,684,399 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,684,399 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,684,399 |
| Taxable Value | $1,684,399 |
|---|
Appreciation: Market value has risen +25.2% from $1,345,200 (2021) to $1,684,399 (2025), a CAGR of 5.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $37,537. 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 29% of market value ($491,463 land vs $1,192,936 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,684,399, 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 +5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,231,093 by 2030, with an estimated annual tax burden around $44,005. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 33,000 SF | ✗ |
| 1ST | 1st Floor | 10,750 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,230 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,200 SF | ✓ |
| 541 | FENCE COMM LF | 700 SF | ✗ |
| 611 | TERRACE | 273 SF | ✗ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $18,644.61 | $18,644.61 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $9,011.53 | $9,011.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,330.73 | $6,330.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,987.98 | $1,987.98 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,562.53 | $1,562.53 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $37,537.38 | $37,537.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,888,000 | $1,684,399 | +12.1% |
| Assessed Value | $1,888,000 | $1,684,399 | +12.1% |
| Land Value | $491,463 | $491,463 | +0.0% |
| Improvement Value | $1,396,537 | $1,192,936 | +17.1% |
| Taxable Value | $1,888,000 | $1,684,399 | +12.1% |
| Total Tax 2026 = estimate |
~$42,075
Estimated
|
~$37,537
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,888,000 | $1,888,000 | +0 (+0.0%) |
| Taxable Value | $1,888,000 | $1,888,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,888,000 | $491,463 | $1,396,537 | — | $1,888,000 | $1,888,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,684,399 | $491,463 | $1,192,936 | — | $1,684,399 | $1,684,399 | ~$37,537 | Partial |
| 2024 | $1,687,512 | — | — | −$1,196,049 | $491,463 | $— | $32,885 | Verified |
| 2023 | $1,711,638 | — | — | −$1,220,175 | $491,463 | $— | $35,911 | Verified |
| 2022 | $1,468,705 | — | — | −$977,242 | $491,463 | $— | $38,389 | Verified |
| 2021 | $1,345,200 | — | — | −$853,737 | $491,463 | $— | $35,741 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2025 | +12.5% | +12.5% | ~100% | Not available | Partial |
| 2024 | -11.3% | -11.3% | ~100% | 2.2000% | Verified |
| 2023 | -1.4% | -1.4% | ~100% | 2.1300% | Verified |
| 2022 | +16.5% | +16.5% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.1% | +7.2% | +3.5% | +16.5% | 2023 | -1.4% | 2024 |
| Assessment Ratio | 100.0% | 54.6% | — | 100.0% | 2025 | 28.7% | 2023 |
| 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 |
$37,537 | $36,093 | ~$41,384 | $38,389 | 2022 | $32,885 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,781,802 | ~$1,781,802 | ~2.1773% | ~$38,795 | +5.8% |
| 2027 | ~$1,884,838 | ~$1,884,838 | ~2.1261% | ~$40,073 | +11.9% |
| 2028 | ~$1,993,832 | ~$1,993,832 | ~2.0748% | ~$41,368 | +18.4% |
| 2029 | ~$2,109,129 | ~$2,109,129 | ~2.0236% | ~$42,680 | +25.2% |
| 2030 | ~$2,231,093 | ~$2,231,093 | ~1.9724% | ~$44,005 | +32.5% |
| 2026 | ~$1,748,114 | ~$1,748,114 | ~2.2285% | ~$38,957 | +3.8% |
| 2027 | ~$1,814,240 | ~$1,814,240 | ~2.2285% | ~$40,431 | +7.7% |
| 2028 | ~$1,882,866 | ~$1,882,866 | ~2.2285% | ~$41,960 | +11.8% |
| 2029 | ~$1,954,089 | ~$1,954,089 | ~2.2285% | ~$43,548 | +16.0% |
| 2030 | ~$2,028,006 | ~$2,028,006 | ~2.2285% | ~$45,195 | +20.4% |
| 2026 | ~$1,815,490 | ~$1,815,490 | ~2.1517% | ~$39,064 | +7.8% |
| 2027 | ~$1,956,784 | ~$1,956,784 | ~2.0748% | ~$40,600 | +16.2% |
| 2028 | ~$2,109,074 | ~$2,109,074 | ~1.9980% | ~$42,139 | +25.2% |
| 2029 | ~$2,273,216 | ~$2,273,216 | ~1.9211% | ~$43,671 | +35.0% |
| 2030 | ~$2,450,133 | ~$2,450,133 | ~1.8443% | ~$45,187 | +45.5% |
In 2025, this property's market value of $1,684,399 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +19% 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 | $1,684,399 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,687,512 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,711,638 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,468,705 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,345,200 | $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.