ABBEYGLEN CASTLE DR 78660
| Owner | DP WILKE PFLUGERVILLE LLC & |
|---|---|
| Parcel ID | 0284460113 |
| Short ID | 961801 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 275,550 SF |
| Land SF | 457,380 SF |
| Acres | 10.500 |
| Year Built | 2022 |
| Legal | 19365 WILKE LANE BLK A LOT 1 |
| Neighborhood | NE3 |
| Land | $2,744,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,744,280 |
| Improvement | $72,970,062 |
|---|---|
| Total Improvement | $72,970,062 |
| Market | $75,714,342 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $75,714,342 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $75,714,342 |
| Taxable Value | $75,714,342 |
|---|
Appreciation: Market value has risen +2658.0% from $2,745,280 (2023) to $75,714,342 (2025), a CAGR of 425.2% over 2 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 Multi-Family parcel countywide fell -15.8%, so this parcel has outpaced 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 $1,687,319. 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 ($72,970,062, ~96.4% 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 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 4% of market value ($2,744,280 land vs $72,970,062 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $75,714,342, this parcel sits in the top quartile (≥75th 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 +425.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $302,452,318,610 by 2030, with an estimated annual tax burden around $2,405,059. 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 | 275,550 SF | ✓ |
Market value changed by 1213% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $838,082.05 | $838,082.05 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $405,071.73 | $405,071.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $284,568.57 | $284,568.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $89,360.34 | $89,360.34 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $70,236.41 | $70,236.41 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $1,687,319.10 | $1,687,319.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,490,000 | $75,714,342 | -9.5% |
| Assessed Value | $68,490,000 | $75,714,342 | -9.5% |
| Land Value | $2,744,280 | $2,744,280 | +0.0% |
| Improvement Value | $65,745,720 | $72,970,062 | -9.9% |
| Taxable Value | $68,490,000 | $75,714,342 | -9.5% |
| HS Cap Loss | — | -$72,970,062 (2024) | |
| Total Tax 2026 = estimate |
~$1,526,322
Estimated
|
~$1,687,319
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $75,417,070 | $68,490,000 | -6,927,070 (-9.2%) |
| Taxable Value | $75,417,070 | $68,490,000 | -6,927,070 (-9.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $68,490,000 | $2,744,280 | $65,745,720 | — | $68,490,000 | $68,490,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $75,714,342 | $2,744,280 | $72,970,062 | — | $75,714,342 | $75,714,342 | ~$1,687,319 | Partial |
| 2024 | $36,040,364 | — | — | −$33,296,084 | $2,744,280 | $— | $1,662,698 | Verified |
| 2023 | $2,745,280 | — | — | −$1,000 | $2,744,280 | $— | $766,956 | Verified |
| 2022 | $— | — | — | — | $2,744,280 | $— | $61,572 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +110.1% ! | +110.1% | ~100% | 2.2000% | Verified |
| 2023 | +1212.8% ! | +1212.8% | ~100% | 2.1300% | Verified |
| 2022 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2658.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.5% | +437.8% | +436.2% | +1212.8% | 2024 | -9.5% | 2026 |
| Assessment Ratio | 100.0% | 76.9% | — | 100.0% | 2023 | 7.6% | 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 |
$1,687,319 | $1,372,324 | ~$2,100,069 | $1,687,319 | 2025 | $766,956 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$397,625,205 | ~$83,285,776 | ~2.1773% | ~$1,813,378 | +425.2% |
| 2027 | ~$2,088,188,303 | ~$91,614,354 | ~2.1261% | ~$1,947,776 | +2658.0% |
| 2028 | ~$10,966,433,562 | ~$100,775,789 | ~2.0748% | ~$2,090,920 | +14384.0% |
| 2029 | ~$57,591,867,982 | ~$110,853,368 | ~2.0236% | ~$2,243,214 | +75964.7% |
| 2030 | ~$302,452,318,610 | ~$121,938,705 | ~1.9724% | ~$2,405,059 | +399365.0% |
| 2026 | ~$396,110,918 | ~$83,285,776 | ~2.2285% | ~$1,856,051 | +423.2% |
| 2027 | ~$2,072,313,581 | ~$91,614,354 | ~2.2285% | ~$2,041,656 | +2637.0% |
| 2028 | ~$10,841,618,808 | ~$100,775,789 | ~2.2285% | ~$2,245,822 | +14219.1% |
| 2029 | ~$56,719,552,237 | ~$110,853,368 | ~2.2285% | ~$2,470,404 | +74812.6% |
| 2030 | ~$296,736,830,808 | ~$121,938,705 | ~2.2285% | ~$2,717,444 | +391816.3% |
| 2026 | ~$399,139,491 | ~$83,285,776 | ~2.1517% | ~$1,792,042 | +427.2% |
| 2027 | ~$2,104,123,597 | ~$91,614,354 | ~2.0748% | ~$1,900,836 | +2679.0% |
| 2028 | ~$11,092,202,616 | ~$100,775,789 | ~1.9980% | ~$2,013,469 | +14550.1% |
| 2029 | ~$58,474,207,055 | ~$110,853,368 | ~1.9211% | ~$2,129,620 | +77130.0% |
| 2030 | ~$308,255,538,515 | ~$121,938,705 | ~1.8443% | ~$2,248,866 | +407029.7% |
In 2025, this property's market value of $75,714,342 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 146× 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 | $75,714,342 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $36,040,364 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,745,280 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
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.