1501 PICADILLY DR TX
| Owner | SPRINGBROOK CENTER OWNERS |
|---|---|
| Parcel ID | 0280300578 |
| Short ID | 379628 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 214 SF |
| Land SF | 31,106 SF |
| Acres | 0.714 |
| Year Built | 1997 |
| Legal | LOT 78 BLK JJ SPRINGBROOK CENTRE PHS B SEC 1 |
| Neighborhood | A4400 |
| Land | $1,644 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,644 |
| Improvement | $9,102 |
|---|---|
| Total Improvement | $9,102 |
| Market | $10,746 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,746 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,746 |
| Taxable Value | $10,746 |
|---|
| Total Due | $275.40 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has fallen -70.1% from $35,890 (2021) to $10,746 (2025), a CAGR of -26.0% over 4 years. Growth has been relatively flat for this asset class. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $239. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($10,512, ~97.8% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 15% of market value ($1,644 land vs $9,102 improvements), about $0/SF of land. Most value sits in the improvements, so building condition, age (~29 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,746, this parcel sits in the bottom quartile (<25th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 -26.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,380 by 2030, with an estimated annual tax burden around $47. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $275.40 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,200 SF | ✗ |
| 601 | POOL COMM'L | 3,560 SF | ✗ |
| 450 | SPORT COURT | 2,730 SF | ✗ |
| 611 | TERRACE | 2,428 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 304 SF | ✗ |
| 541 | FENCE COMM LF | 226 SF | ✗ |
| 1ST | 1st Floor | 214 SF | ✓ |
| SO | Sketch Only | 214 SF | ✗ |
| 581 | STORAGE ATT | 120 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 182 | SINK AVG | 2 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Travis County | 0.3444% | 0.3758% | +3 |
| Travis Central Health | 0.1080% | 0.1180% | +1 |
| City of Pflugerville | 0.5428% | 0.5350% | -1 |
| Travis County ESD # 02 | 0.0939% | 0.0928% | -0 |
| Pflugerville ISD | 1.1069% | 1.1069% | +0 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $118.95 | $— | $118.95 |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $57.49 | $— | $57.49 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $40.39 | $— | $40.39 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12.68 | $— | $12.68 |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $9.97 | $— | $9.97 |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $239.48 | $0.00 | $239.48 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,808 | $10,746 | +0.6% |
| Assessed Value | $10,808 | $10,746 | +0.6% |
| Land Value | $1,644 | $1,644 | +0.0% |
| Improvement Value | $9,164 | $9,102 | +0.7% |
| Taxable Value | $10,808 | $10,746 | +0.6% |
| HS Cap Loss | — | -$10,512 (2024) | |
| Total Tax 2026 = estimate |
~$241
Estimated
|
$239 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,808 | $10,808 | +0 (+0.0%) |
| Taxable Value | $10,808 | $10,808 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,808 | $1,644 | $9,164 | — | $10,808 | $10,808 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,746 | $1,644 | $9,102 | — | $10,746 | $10,746 | $239 | Verified |
| 2024 | $11,746 | — | — | −$10,146 | $1,600 | $— | $266 | Verified |
| 2023 | $17,520 | — | — | −$15,920 | $1,600 | $— | $250 | Verified |
| 2022 | $39,295 | — | — | −$37,695 | $1,600 | $— | $393 | Verified |
| 2021 | $35,890 | — | — | −$35,250 | $640 | $— | $956 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2025 | -11.3% | -11.3% | ~100% | 2.2300% | Verified |
| 2024 | +3.1% | +3.1% | ~100% | 2.2000% | Verified |
| 2023 | -33.0% | -33.0% | ~100% | 2.1300% | Verified |
| 2022 | -55.4% | -55.4% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -72.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | -17.4% | -26.1% | +9.5% | 2022 | -55.4% | 2023 |
| Assessment Ratio | 100.0% | 38.1% | — | 100.0% | 2025 | 1.8% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
| Tax Amount | $239 | $421 | ~$100 | $956 | 2021 | $239 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,949 | ~$7,949 | ~2.1773% | ~$173 | -26.0% |
| 2027 | ~$5,880 | ~$5,880 | ~2.1261% | ~$125 | -45.3% |
| 2028 | ~$4,350 | ~$4,350 | ~2.0748% | ~$90 | -59.5% |
| 2029 | ~$3,218 | ~$3,218 | ~2.0236% | ~$65 | -70.1% |
| 2030 | ~$2,380 | ~$2,380 | ~1.9724% | ~$47 | -77.9% |
| 2026 | ~$10,209 | ~$10,209 | ~2.2285% | ~$228 | -5.0% |
| 2027 | ~$9,698 | ~$9,698 | ~2.2285% | ~$216 | -9.8% |
| 2028 | ~$9,213 | ~$9,213 | ~2.2285% | ~$205 | -14.3% |
| 2029 | ~$8,753 | ~$8,753 | ~2.2285% | ~$195 | -18.5% |
| 2030 | ~$8,315 | ~$8,315 | ~2.2285% | ~$185 | -22.6% |
| 2026 | ~$8,164 | ~$8,164 | ~2.1517% | ~$176 | -24.0% |
| 2027 | ~$6,202 | ~$6,202 | ~2.0748% | ~$129 | -42.3% |
| 2028 | ~$4,712 | ~$4,712 | ~1.9980% | ~$94 | -56.2% |
| 2029 | ~$3,580 | ~$3,580 | ~1.9211% | ~$69 | -66.7% |
| 2030 | ~$2,720 | ~$2,720 | ~1.8443% | ~$50 | -74.7% |
In 2025, this property's market value of $10,746 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -98% below the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $10,746 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $11,746 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $17,520 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $39,295 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $35,890 | $300,453 | $376,850 | $539,896 | ↓ 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.