1121 NEW MEISTER LN TX 78660
| Owner | IDIL SPRINGBROOK 2 LP |
|---|---|
| Parcel ID | 0286361503 |
| Short ID | 947779 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 122,235 SF |
| Land SF | 387,248 SF |
| Acres | 8.890 |
| Year Built | 2021 |
| Legal | LOT 6 BLK A SPRINGBROOK CORPORATE CENTER RSB LT 1 BLK A OF RSB LT 1 BLKA |
| Neighborhood | 60FNOR |
| Land | $3,097,987 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,097,987 |
| Improvement | $12,396,013 |
|---|---|
| Total Improvement | $12,396,013 |
| Market | $15,494,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,494,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$8,304,760 |
| Net Appraised (assessed) | $7,189,240 |
| Taxable Value | $7,189,240 |
|---|
Appreciation: Market value has risen +888.5% from $1,567,372 (2022) to $15,494,000 (2025), a CAGR of 114.6% 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 $160,215. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Assessment Gap: Assessed value ($7,189,240) is $8,304,760 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 20% of market value ($3,097,987 land vs $12,396,013 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,494,000, 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 +114.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $705,476,683 by 2030, with an estimated annual tax burden around $228,366. 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 | 150,000 SF | ✗ |
| 1ST | 1st Floor | 122,235 SF | ✓ |
| 093 | HVAC COMMRCL SF | 122,235 SF | ✗ |
| 491 | SPRINKLER HEADS | 122,235 SF | ✗ |
| 408 | LOADING RAMP | 1,580 SF | ✓ |
| 501 | CANOPY | 1,300 SF | ✗ |
| 482 | LIGHT POLES | 15 SF | ✓ |
| 413 | STAIRWAY EXT | 6 SF | ✓ |
Market value changed by 666% in 2022, 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% | $79,577.70 | $79,577.70 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $38,462.43 | $38,462.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,020.40 | $27,020.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,484.96 | $8,484.96 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $6,669.10 | $6,669.10 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $160,214.59 | $160,214.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,900,000 | $15,494,000 | -10.3% |
| Assessed Value | $6,440,060 | $7,189,240 | -10.4% |
| Land Value | $3,097,987 | $3,097,987 | +0.0% |
| Improvement Value | $10,802,013 | $12,396,013 | -12.9% |
| Taxable Value | $6,440,060 | $7,189,240 | -10.4% |
| HS Cap Loss | -$7,459,940 | — | |
| Total Tax 2026 = estimate |
~$143,519
Estimated
|
~$160,215
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,900,000 | $13,900,000 | +0 (+0.0%) |
| Taxable Value | $6,440,060 | $6,440,060 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,900,000 | $3,097,987 | $10,802,013 | −$7,459,940 | $6,440,060 | $6,440,060 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,494,000 | $3,097,987 | $12,396,013 | −$8,304,760 | $7,189,240 | $7,189,240 | ~$160,215 | Partial |
| 2024 | $15,982,000 | — | — | −$14,618,886 | $1,363,114 | $— | $142,457 | Verified |
| 2023 | $12,013,000 | — | — | −$10,649,886 | $1,363,114 | $— | $163,150 | Verified |
| 2022 | $1,567,372 | — | — | −$204,258 | $1,363,114 | $— | $122,096 | Verified |
| 2021 | $— | — | — | — | $340,779 | $— | $17,739 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.3% | -10.3% | ~100% | Not available | Partial |
| 2025 | +10.7% | +138.8% | ~100% | Not available | Partial |
| 2024 | -12.4% | -54.5% | 46.3% | 1.0200% | Verified |
| 2023 | +33.0% | +38.6% | 89.1% | 1.0200% | Verified |
| 2022 | +666.4% ! | +555.8% | 85.6% | 1.0200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +888.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.3% | +171.5% | +119.5% | +666.4% | 2023 | -10.3% | 2026 |
| Assessment Ratio | 46.3% | 39.9% | — | 87.0% | 2022 | 8.5% | 2024 |
| Effective Tax Rate (2025) | 1.0300% | 1.0300% | — | 1.0300% | 2025 | 1.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$160,215 | $146,979 | ~$199,406 | $163,150 | 2023 | $122,096 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$33,252,735 | ~$7,908,164 | ~2.1773% | ~$172,184 | +114.6% |
| 2027 | ~$71,365,974 | ~$8,698,980 | ~2.1261% | ~$184,946 | +360.6% |
| 2028 | ~$153,163,407 | ~$9,568,878 | ~2.0748% | ~$198,537 | +888.5% |
| 2029 | ~$328,714,485 | ~$10,525,766 | ~2.0236% | ~$212,998 | +2021.6% |
| 2030 | ~$705,476,683 | ~$11,578,343 | ~1.9724% | ~$228,366 | +4453.2% |
| 2026 | ~$32,942,855 | ~$7,908,164 | ~2.2285% | ~$176,236 | +112.6% |
| 2027 | ~$70,042,062 | ~$8,698,980 | ~2.2285% | ~$193,860 | +352.1% |
| 2028 | ~$148,921,228 | ~$9,568,878 | ~2.2285% | ~$213,246 | +861.2% |
| 2029 | ~$316,631,629 | ~$10,525,766 | ~2.2285% | ~$234,570 | +1943.6% |
| 2030 | ~$673,212,205 | ~$11,578,343 | ~2.2285% | ~$258,027 | +4245.0% |
| 2026 | ~$33,562,615 | ~$7,908,164 | ~2.1517% | ~$170,158 | +116.6% |
| 2027 | ~$72,702,281 | ~$8,698,980 | ~2.0748% | ~$180,488 | +369.2% |
| 2028 | ~$157,485,393 | ~$9,568,878 | ~1.9980% | ~$191,183 | +916.4% |
| 2029 | ~$341,139,902 | ~$10,525,766 | ~1.9211% | ~$202,212 | +2101.8% |
| 2030 | ~$738,966,521 | ~$11,578,343 | ~1.8443% | ~$213,535 | +4669.4% |
In 2025, this property's market value of $15,494,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,494,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,982,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,013,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $1,567,372 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +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.