NEW MEISTER LN TX 78660
| Owner | KV VILLAS AT SPRING TRAILS |
|---|---|
| Parcel ID | 0286381001 |
| Short ID | 802086 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 252,984 SF |
| Land SF | 724,141 SF |
| Acres | 16.624 |
| Year Built | 2013 |
| Legal | LOT 1 SPRINGBROOK APARTMENTS PHS I |
| Neighborhood | 08NE2 |
| Land | $4,344,849 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,344,849 |
| Improvement | $52,415,151 |
|---|---|
| Total Improvement | $52,415,151 |
| Market | $56,760,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $56,760,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $56,760,000 |
| Taxable Value | $56,760,000 |
|---|
Appreciation: Market value has risen +41.9% from $40,000,000 (2021) to $56,760,000 (2025), a CAGR of 9.1% 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 Multi-Family parcel countywide rose +37.9%, 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 $1,264,915. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
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 8% of market value ($4,344,849 land vs $52,415,151 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $56,760,000, 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $87,906,377 by 2030, with an estimated annual tax burden around $1,733,822. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 230,628 SF | ✗ |
| 2ND | 2nd Floor | 137,322 SF | ✓ |
| 1ST | 1st Floor | 115,662 SF | ✓ |
| 034 | GARAGE DET CLASS | 48,078 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 8,834 SF | ✗ |
| MISC | Miscellaneous | 5,787 SF | ✓ |
| 611 | TERRACE | 5,419 SF | ✗ |
| 601 | POOL COMM'L | 1,488 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 1,246 SF | ✗ |
| 327 | STORAGE COMM'L | 597 SF | ✓ |
| 501 | CANOPY | 560 SF | ✗ |
| 581C | STORAGE ATT COMM | 432 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% | $587,763.90 | $587,763.90 | Paid |
| CPF City of Pflugerville | 0.4863% | 0.4813% | 0.5362% | 0.5428% | 0.5350% | -0.0078% | $284,085.00 | $284,085.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $199,573.70 | $199,573.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $62,670.21 | $62,670.21 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $49,258.22 | $49,258.22 | Paid |
| Combined Rate | 2.4335% | 2.2428% | 2.1280% | 2.1960% | 2.2285% | +0.0325% | $1,183,351.03 | $1,183,351.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $50,770,000 | $56,760,000 | -10.6% |
| Assessed Value | $50,770,000 | $56,760,000 | -10.6% |
| Land Value | $4,344,849 | $4,344,849 | +0.0% |
| Improvement Value | $46,425,151 | $52,415,151 | -11.4% |
| Taxable Value | $50,770,000 | $56,760,000 | -10.6% |
| Total Tax 2026 = estimate |
~$1,131,426
Estimated
|
~$1,183,351
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $54,944,281 | $50,770,000 | -4,174,281 (-7.6%) |
| Taxable Value | $54,944,281 | $50,770,000 | -4,174,281 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $50,770,000 | $4,344,849 | $46,425,151 | — | $50,770,000 | $50,770,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $56,760,000 | $4,344,849 | $52,415,151 | — | $56,760,000 | $56,760,000 | ~$1,183,351 | Partial |
| 2024 | $49,997,749 | — | — | −$45,652,900 | $4,344,849 | $— | $1,040,898 | Verified |
| 2023 | $42,700,000 | — | — | −$38,355,151 | $4,344,849 | $— | $1,063,976 | Verified |
| 2022 | $40,426,771 | — | — | −$36,081,922 | $4,344,849 | $— | $958,725 | Verified |
| 2021 | $40,000,000 | — | — | −$38,913,788 | $1,086,212 | $— | $983,777 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.2% | -3.2% | ~100% | Not available | Partial |
| 2025 | +19.7% | +19.7% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 2.2000% | Verified |
| 2023 | +13.6% | +13.6% | ~100% | 2.1300% | Verified |
| 2022 | +8.8% | +8.8% | ~100% | 2.1800% | Verified |
| 2021 | base year | — | ~100% | 2.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.6% | +5.3% | +11.7% | +17.1% | 2024 | -10.6% | 2026 |
| Assessment Ratio | 100.0% | 38.7% | — | 100.0% | 2025 | 2.7% | 2021 |
| Effective Tax Rate (2025) | 2.0800% | 2.0800% | — | 2.0800% | 2025 | 2.0800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,183,351 | $1,046,145 | ~$1,536,224 | $1,183,351 | 2025 | $958,725 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$61,949,526 | ~$61,949,526 | ~2.1773% | ~$1,348,825 | +9.1% |
| 2027 | ~$67,613,526 | ~$67,613,526 | ~2.1261% | ~$1,437,504 | +19.1% |
| 2028 | ~$73,795,382 | ~$73,795,382 | ~2.0748% | ~$1,531,124 | +30.0% |
| 2029 | ~$80,542,440 | ~$80,542,440 | ~2.0236% | ~$1,629,846 | +41.9% |
| 2030 | ~$87,906,377 | ~$87,906,377 | ~1.9724% | ~$1,733,822 | +54.9% |
| 2026 | ~$60,814,326 | ~$60,814,326 | ~2.2285% | ~$1,355,267 | +7.1% |
| 2027 | ~$65,158,249 | ~$65,158,249 | ~2.2285% | ~$1,452,073 | +14.8% |
| 2028 | ~$69,812,455 | ~$69,812,455 | ~2.2285% | ~$1,555,794 | +23.0% |
| 2029 | ~$74,799,109 | ~$74,799,109 | ~2.2285% | ~$1,666,923 | +31.8% |
| 2030 | ~$80,141,955 | ~$80,141,955 | ~2.2285% | ~$1,785,990 | +41.2% |
| 2026 | ~$63,084,726 | ~$62,436,000 | ~2.1517% | ~$1,343,422 | +11.1% |
| 2027 | ~$70,114,211 | ~$68,679,600 | ~2.0748% | ~$1,424,980 | +23.5% |
| 2028 | ~$77,926,987 | ~$75,547,560 | ~1.9980% | ~$1,509,417 | +37.3% |
| 2029 | ~$86,610,334 | ~$83,102,316 | ~1.9211% | ~$1,596,490 | +52.6% |
| 2030 | ~$96,261,261 | ~$91,412,548 | ~1.8443% | ~$1,685,884 | +69.6% |
In 2025, this property's market value of $56,760,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 109× 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 | $56,760,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $49,997,749 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $42,700,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $40,426,771 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $40,000,000 | $300,453 | $376,850 | $539,896 | ↑ 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.