17016 JOE BARBEE DR TX 78664
| Owner | HWY 71 STORE LTD |
|---|---|
| Parcel ID | 0282260218 |
| Short ID | 921587 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 36,160 SF |
| Land SF | 109,336 SF |
| Acres | 2.510 |
| Year Built | 2022 |
| Legal | LOT 2A PICADILLY BUSINESS PARK CORRECTED AMD LTS 2-5 & 14-17 BLK B |
| Neighborhood | 1NE3 |
| Land | $1,093,356 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,093,356 |
| Improvement | $3,881,644 |
|---|---|
| Total Improvement | $3,881,644 |
| Market | $4,975,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,975,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,975,000 |
| Taxable Value | $4,975,000 |
|---|
Appreciation: Market value has risen +550.0% from $765,350 (2021) to $4,975,000 (2025), a CAGR of 59.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $105,377. Round Rock ISD is the largest single contributor, at 42.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 22% of market value ($1,093,356 land vs $3,881,644 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,975,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +59.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $51,636,802 by 2030, with an estimated annual tax burden around $153,111. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 50,720 SF | ✗ |
| 1ST | 1st Floor | 36,160 SF | ✓ |
| 881 | COMMCL FINISHOUT | 7,232 SF | ✓ |
Market value changed by 249% in 2023, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $44,431.73 | $44,431.73 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $26,616.25 | $26,616.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,698.29 | $18,698.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,871.64 | $5,871.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,144.15 | $5,144.15 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $4,615.06 | $4,615.06 | Paid |
| Combined Rate | 2.2839% | 2.1395% | 2.0364% | 2.0835% | 2.1181% | +0.0346% | $105,377.12 | $105,377.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,975,000 | $4,975,000 | +0.0% |
| Assessed Value | $4,975,000 | $4,975,000 | +0.0% |
| Land Value | $1,093,356 | $1,093,356 | +0.0% |
| Improvement Value | $3,881,644 | $3,881,644 | +0.0% |
| Taxable Value | $4,975,000 | $4,975,000 | +0.0% |
| Total Tax 2026 = estimate |
~$105,377
Estimated
|
~$105,377
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,182,933 | $4,975,000 | -207,933 (-4.0%) |
| Taxable Value | $5,182,933 | $4,975,000 | -207,933 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,975,000 | $1,093,356 | $3,881,644 | — | $4,975,000 | $4,975,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,975,000 | $1,093,356 | $3,881,644 | — | $4,975,000 | $4,975,000 | ~$105,377 | Partial |
| 2024 | $3,810,746 | — | — | −$2,717,390 | $1,093,356 | $— | $99,449 | Verified |
| 2023 | $— | — | — | — | $1,093,356 | $— | $77,604 | Verified |
| 2022 | $— | — | — | — | $874,685 | $— | $18,714 | Verified |
| 2021 | $765,350 | — | — | — | $765,350 | $— | $17,480 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2025 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2024 | +25.3% | +25.3% | ~100% | 2.0800% | Verified |
| 2023 | +248.5% ! | +248.5% | ~100% | 2.0400% | Verified |
| 2022 | +42.9% | +42.9% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +550.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +142.8% | +59.7% | +397.9% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 82.2% | — | 100.0% | 2021 | 28.7% | 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 |
$105,377 | $74,102 | ~$132,702 | $105,377 | 2025 | $17,480 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,943,764 | ~$5,472,500 | ~2.0767% | ~$113,647 | +59.7% |
| 2027 | ~$12,684,098 | ~$6,019,750 | ~2.0353% | ~$122,518 | +155.0% |
| 2028 | ~$20,253,162 | ~$6,621,725 | ~1.9938% | ~$132,026 | +307.1% |
| 2029 | ~$32,338,963 | ~$7,283,898 | ~1.9524% | ~$142,210 | +550.0% |
| 2030 | ~$51,636,802 | ~$8,012,287 | ~1.9109% | ~$153,111 | +937.9% |
| 2026 | ~$7,844,264 | ~$5,472,500 | ~2.1181% | ~$115,915 | +57.7% |
| 2027 | ~$12,368,337 | ~$6,019,750 | ~2.1181% | ~$127,506 | +148.6% |
| 2028 | ~$19,501,609 | ~$6,621,725 | ~2.1181% | ~$140,257 | +292.0% |
| 2029 | ~$30,748,898 | ~$7,283,898 | ~2.1181% | ~$154,283 | +518.1% |
| 2030 | ~$48,482,910 | ~$8,012,287 | ~2.1181% | ~$169,711 | +874.5% |
| 2026 | ~$8,043,264 | ~$5,472,500 | ~2.0560% | ~$112,513 | +61.7% |
| 2027 | ~$13,003,838 | ~$6,019,750 | ~1.9938% | ~$120,023 | +161.4% |
| 2028 | ~$21,023,780 | ~$6,621,725 | ~1.9317% | ~$127,910 | +322.6% |
| 2029 | ~$33,989,912 | ~$7,283,898 | ~1.8695% | ~$136,173 | +583.2% |
| 2030 | ~$54,952,732 | ~$8,012,287 | ~1.8074% | ~$144,811 | +1004.6% |
In 2025, this property's market value of $4,975,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 59× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $4,975,000 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $3,810,746 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $765,350 | $6,000 | $14,480 | $80,000 | ↑ Top 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.