2911 A W GRIMES BLVD 1-4 TX 78664
| Owner | RIVER PLACE ESTATES LLC |
|---|---|
| Parcel ID | 0284330916 |
| Short ID | 764081 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 4,400 SF |
| Land SF | 18,368 SF |
| Acres | 0.422 |
| Year Built | 2008 |
| Legal | UNT 1-5 BLD 4 TALLGRASS MEDICAL &PROFESSIONAL OFFICE PARK CONDOMINIUMS AMD PLUS 11.2 % INT IN COM AREA |
| Neighborhood | 23NE02 |
| Land | $91,842 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $91,842 |
| Improvement | $922,258 |
|---|---|
| Total Improvement | $922,258 |
| Market | $1,014,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,014,100 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,014,100 |
| Taxable Value | $1,014,100 |
|---|
Appreciation: Market value has risen +36.3% from $743,823 (2021) to $1,014,100 (2025), a CAGR of 8.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $22,600. 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 9% of market value ($91,842 land vs $922,258 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,014,100, this parcel sits in the lower-middle (25th–50th 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,493,980 by 2030, with an estimated annual tax burden around $29,467. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,400 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% | $11,225.07 | $11,225.07 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $5,425.44 | $5,425.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,811.44 | $3,811.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,196.87 | $1,196.87 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $940.73 | $940.73 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $22,599.55 | $22,599.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,050,000 | $1,014,100 | +3.5% |
| Assessed Value | $1,050,000 | $1,014,100 | +3.5% |
| Land Value | $91,842 | $91,842 | +0.0% |
| Improvement Value | $958,158 | $922,258 | +3.9% |
| Taxable Value | $1,050,000 | $1,014,100 | +3.5% |
| Total Tax 2026 = estimate |
~$23,400
Estimated
|
~$22,600
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,311,949 | $1,050,000 | -261,949 (-20.0%) |
| Taxable Value | $1,216,920 | $1,050,000 | -166,920 (-13.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,050,000 | $91,842 | $958,158 | — | $1,050,000 | $1,050,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,014,100 | $91,842 | $922,258 | — | $1,014,100 | $1,014,100 | ~$22,600 | Partial |
| 2024 | $959,100 | — | — | −$867,258 | $91,842 | $— | $25,274 | Verified |
| 2023 | $840,000 | — | — | −$748,158 | $91,842 | $— | $20,410 | Verified |
| 2022 | $837,283 | — | — | −$745,441 | $91,842 | $— | $18,840 | Verified |
| 2021 | $743,823 | — | — | −$651,981 | $91,842 | $— | $20,375 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.4% | +20.0% | 92.8% | Not available | Partial |
| 2025 | -12.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | +21.4% | +20.0% | 98.8% | 2.1700% | Verified |
| 2023 | +14.2% | +14.2% | ~100% | 2.1300% | Verified |
| 2022 | +0.3% | +0.3% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.5% | +7.3% | +7.3% | +14.2% | 2024 | +0.3% | 2023 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2025 | 9.6% | 2024 |
| 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 |
$22,600 | $21,500 | ~$26,605 | $25,274 | 2024 | $18,840 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,095,806 | ~$1,095,806 | ~2.1773% | ~$23,859 | +8.1% |
| 2027 | ~$1,184,095 | ~$1,184,095 | ~2.1261% | ~$25,175 | +16.8% |
| 2028 | ~$1,279,497 | ~$1,279,497 | ~2.0748% | ~$26,547 | +26.2% |
| 2029 | ~$1,382,585 | ~$1,382,585 | ~2.0236% | ~$27,978 | +36.3% |
| 2030 | ~$1,493,980 | ~$1,493,980 | ~1.9724% | ~$29,467 | +47.3% |
| 2026 | ~$1,075,524 | ~$1,075,524 | ~2.2285% | ~$23,968 | +6.1% |
| 2027 | ~$1,140,668 | ~$1,140,668 | ~2.2285% | ~$25,420 | +12.5% |
| 2028 | ~$1,209,758 | ~$1,209,758 | ~2.2285% | ~$26,960 | +19.3% |
| 2029 | ~$1,283,033 | ~$1,283,033 | ~2.2285% | ~$28,593 | +26.5% |
| 2030 | ~$1,360,746 | ~$1,360,746 | ~2.2285% | ~$30,325 | +34.2% |
| 2026 | ~$1,116,088 | ~$1,115,510 | ~2.1517% | ~$24,002 | +10.1% |
| 2027 | ~$1,228,332 | ~$1,227,061 | ~2.0748% | ~$25,459 | +21.1% |
| 2028 | ~$1,351,865 | ~$1,349,767 | ~1.9980% | ~$26,968 | +33.3% |
| 2029 | ~$1,487,822 | ~$1,484,744 | ~1.9211% | ~$28,524 | +46.7% |
| 2030 | ~$1,637,452 | ~$1,633,218 | ~1.8443% | ~$30,121 | +61.5% |
In 2025, this property's market value of $1,014,100 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -28% below 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 | $1,014,100 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $959,100 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $840,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $837,283 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $743,823 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.