18900 LIMESTONE COMMERCIAL DR TX 78660
| Owner | A-S 93 SH 130-SH 45 LP |
|---|---|
| Parcel ID | 0282480303 |
| Short ID | 945611 |
| Type | Real |
| Use Code | 90 Theater |
| Valuation | Income |
| Improvement SF | 131,674 SF |
| Land SF | 850,657 SF |
| Acres | 19.528 |
| Year Built | 2009 |
| Legal | LOT 14-H BLK 1 STONE HILL TOWN CENTER LOT 14-D REPLAT 1 |
| Neighborhood | 41NOR |
| Land | $10,207,884 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,207,884 |
| Improvement | $27,188,065 |
|---|---|
| Total Improvement | $27,188,065 |
| Market | $37,395,949 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $37,395,949 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $37,395,949 |
| Taxable Value | $37,395,949 |
|---|
Appreciation: Market value has risen +35.4% from $27,614,000 (2022) to $37,395,949 (2025), a CAGR of 10.6% over 3 years. This is strong appreciation — well above typical inflation. 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 +16.6%, 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 $833,381. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 27% of market value ($10,207,884 land vs $27,188,065 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~17 yrs), and rent roll drive the underwriting.
Submarket Position: At $37,395,949, this parcel sits in the top quartile (≥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 +10.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $61,989,284 by 2030, with an estimated annual tax burden around $1,187,879. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 197,040 SF | ✗ |
| 1ST | 1st Floor | 131,674 SF | ✓ |
| 491 | SPRINKLER HEADS | 131,660 SF | ✗ |
| 611 | TERRACE | 15,989 SF | ✗ |
| 501 | CANOPY | 3,694 SF | ✗ |
| MEZZ | Mezzanine | 2,760 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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% | $405,648.95 | $405,648.95 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $196,063.05 | $196,063.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $137,737.04 | $137,737.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $43,252.24 | $43,252.24 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $33,995.87 | $33,995.87 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $816,697.15 | $816,697.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $38,740,774 | $37,395,949 | +3.6% |
| Assessed Value | $38,740,774 | $37,395,949 | +3.6% |
| Land Value | $10,207,884 | $10,207,884 | +0.0% |
| Improvement Value | $28,532,890 | $27,188,065 | +4.9% |
| Taxable Value | $38,740,774 | $37,395,949 | +3.6% |
| Total Tax 2026 = estimate |
~$863,351
Estimated
|
~$816,697
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $41,067,762 | $38,740,774 | -2,326,988 (-5.7%) |
| Taxable Value | $41,067,762 | $38,740,774 | -2,326,988 (-5.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $38,740,774 | $10,207,884 | $28,532,890 | — | $38,740,774 | $38,740,774 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $37,395,949 | $10,207,884 | $27,188,065 | — | $37,395,949 | $37,395,949 | ~$816,697 | Partial |
| 2024 | $38,700,000 | — | — | −$28,492,116 | $10,207,884 | $— | $809,569 | Verified |
| 2023 | $36,437,000 | — | — | −$26,229,116 | $10,207,884 | $— | $763,153 | Verified |
| 2022 | $27,614,000 | — | — | −$17,406,116 | $10,207,884 | $— | $763,316 | Verified |
| 2021 | $— | — | — | — | $6,805,256 | $— | $677,689 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.8% | +9.8% | ~100% | Not available | Partial |
| 2025 | -14.0% | -14.0% | ~100% | Not available | Partial |
| 2024 | +12.3% | +12.3% | ~100% | 1.8600% | Verified |
| 2023 | +6.2% | +6.2% | ~100% | 1.9700% | Verified |
| 2022 | +7.3% | +7.3% | ~100% | 2.0900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.6% | +9.6% | +9.9% | +32.0% | 2023 | -3.4% | 2025 |
| Assessment Ratio | 100.0% | 58.3% | — | 100.0% | 2025 | 26.4% | 2024 |
| Effective Tax Rate (2025) | 2.1800% | 2.1800% | — | 2.1800% | 2025 | 2.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$816,697 | $788,184 | ~$1,037,242 | $816,697 | 2025 | $763,153 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$41,373,568 | ~$41,135,544 | ~2.1773% | ~$895,643 | +10.6% |
| 2027 | ~$45,774,266 | ~$45,249,098 | ~2.1261% | ~$962,023 | +22.4% |
| 2028 | ~$50,643,043 | ~$49,774,008 | ~2.0748% | ~$1,032,723 | +35.4% |
| 2029 | ~$56,029,689 | ~$54,751,409 | ~2.0236% | ~$1,107,942 | +49.8% |
| 2030 | ~$61,989,284 | ~$60,226,550 | ~1.9724% | ~$1,187,879 | +65.8% |
| 2026 | ~$40,625,649 | ~$40,625,649 | ~2.2285% | ~$905,356 | +8.6% |
| 2027 | ~$44,134,281 | ~$44,134,281 | ~2.2285% | ~$983,547 | +18.0% |
| 2028 | ~$47,945,937 | ~$47,945,937 | ~2.2285% | ~$1,068,491 | +28.2% |
| 2029 | ~$52,086,786 | ~$52,086,786 | ~2.2285% | ~$1,160,771 | +39.3% |
| 2030 | ~$56,585,259 | ~$56,585,259 | ~2.2285% | ~$1,261,021 | +51.3% |
| 2026 | ~$42,121,487 | ~$41,135,544 | ~2.1517% | ~$885,105 | +12.6% |
| 2027 | ~$47,444,167 | ~$45,249,098 | ~2.0748% | ~$938,839 | +26.9% |
| 2028 | ~$53,439,447 | ~$49,774,008 | ~1.9980% | ~$994,469 | +42.9% |
| 2029 | ~$60,192,320 | ~$54,751,409 | ~1.9211% | ~$1,051,837 | +61.0% |
| 2030 | ~$67,798,521 | ~$60,226,550 | ~1.8443% | ~$1,110,734 | +81.3% |
In 2025, this property's market value of $37,395,949 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 26× 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 | $37,395,949 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $38,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $36,437,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $27,614,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.