1521 MUIRFIELD BEND DR TX 78664
| Owner | MUIRFIELD CROSSING LLC |
|---|---|
| Parcel ID | 0293491204 |
| Short ID | 898640 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 15,470 SF |
| Land SF | 65,253 SF |
| Acres | 1.498 |
| Year Built | 2022 |
| Legal | LOT 2A-R BLK A STAR RANCH SEC 4 BLK A LTS 1A-R - 4A-R (0.9461 AC IN TRAVIS CO) |
| Neighborhood | 1NE3 |
| Land | $326,264 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $326,264 |
| Improvement | $6,573,736 |
|---|---|
| Total Improvement | $6,573,736 |
| Market | $6,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,900,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$5,135,848 |
| Net Appraised (assessed) | $1,764,152 |
| Taxable Value | $1,764,152 |
|---|
Appreciation: Market value has risen +3257.6% from $205,506 (2021) to $6,900,000 (2025), a CAGR of 140.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 +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 2.2765% in 2025 (+0.0238% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $40,162. Pflugerville ISD is the largest single contributor, at 48.6% of the total 2025 levy.
Assessment Gap: Assessed value ($1,764,152) is $5,135,848 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 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 5% of market value ($326,264 land vs $6,573,736 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,900,000, 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 +140.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $557,673,261 by 2030, with an estimated annual tax burden around $10,118,845. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 33,542 SF | ✗ |
| 1ST | 1st Floor | 15,470 SF | ✓ |
Market value changed by 1984% in 2024, 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% | $19,527.40 | $19,527.40 | Paid |
| W2G Wmsn Co WSID # 3 | 0.6990% | 0.6420% | 0.6210% | 0.5995% | 0.5830% | -0.0165% | $10,285.01 | $10,285.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,630.48 | $6,630.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,082.11 | $2,082.11 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,636.52 | $1,636.52 | Paid |
| Combined Rate | 2.6462% | 2.4035% | 2.2128% | 2.2527% | 2.2765% | +0.0238% | $40,161.52 | $40,161.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,900,000 | $6,900,000 | +0.0% |
| Assessed Value | $1,764,152 | $1,764,152 | +0.0% |
| Land Value | $326,264 | $326,264 | +0.0% |
| Improvement Value | $6,573,736 | $6,573,736 | +0.0% |
| Taxable Value | $1,764,152 | $1,764,152 | +0.0% |
| HS Cap Loss | -$5,135,848 | — | |
| Total Tax 2026 = estimate |
~$40,162
Estimated
|
~$40,162
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,551,282 | $6,900,000 | -651,282 (-8.6%) |
| Taxable Value | $1,926,973 | $1,764,152 | -162,821 (-8.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,900,000 | $326,264 | $6,573,736 | −$5,135,848 | $1,764,152 | $1,764,152 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,900,000 | $326,264 | $6,573,736 | −$5,135,848 | $1,764,152 | $1,764,152 | ~$40,162 | Partial |
| 2024 | $— | — | — | — | $120,718 | $— | $39,167 | Verified |
| 2023 | $— | — | — | — | $120,718 | $— | $2,671 | Verified |
| 2022 | $— | — | — | — | $205,546 | $— | $4,940 | Verified |
| 2021 | $205,506 | — | — | — | $205,506 | $— | $5,438 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2025 | +1.5% | +296.9% | ~100% | Not available | Partial |
| 2024 | +1983.6% ! | +1340.3% | 25.6% | 0.5800% | Verified |
| 2023 | +0.0% | -41.3% | 37.0% | 0.8200% | Verified |
| 2022 | +0.0% | -37.0% | 63.0% | 1.5100% | Verified |
| 2021 | base year | — | ~100% | 2.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2015.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1628.8% | +140.7% | +3257.6% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 25.6% | 50.4% | — | 100.0% | 2021 | 25.6% | 2025 |
| Effective Tax Rate (2025) | 0.5800% | 0.5800% | — | 0.5800% | 2025 | 0.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,162 | $22,800 | ~$3,531,964 | $40,162 | 2025 | $5,438 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,609,449 | ~$16,609,449 | ~2.1841% | ~$362,771 | +140.7% |
| 2027 | ~$39,981,712 | ~$39,981,712 | ~2.0917% | ~$836,301 | +479.4% |
| 2028 | ~$96,242,640 | ~$96,242,640 | ~1.9993% | ~$1,924,178 | +1294.8% |
| 2029 | ~$231,672,068 | ~$231,672,068 | ~1.9069% | ~$4,417,725 | +3257.6% |
| 2030 | ~$557,673,261 | ~$557,673,261 | ~1.8145% | ~$10,118,845 | +7982.2% |
| 2026 | ~$16,471,449 | ~$16,471,449 | ~2.2765% | ~$374,978 | +138.7% |
| 2027 | ~$39,320,094 | ~$39,320,094 | ~2.2765% | ~$895,135 | +469.9% |
| 2028 | ~$93,863,614 | ~$93,863,614 | ~2.2765% | ~$2,136,836 | +1260.3% |
| 2029 | ~$224,068,082 | ~$224,068,082 | ~2.2765% | ~$5,100,984 | +3147.4% |
| 2030 | ~$534,887,839 | ~$534,887,839 | ~2.2765% | ~$12,176,898 | +7652.0% |
| 2026 | ~$16,747,449 | ~$16,747,449 | ~2.1379% | ~$358,046 | +142.7% |
| 2027 | ~$40,648,850 | ~$40,648,850 | ~1.9993% | ~$812,692 | +489.1% |
| 2028 | ~$98,661,530 | ~$98,661,530 | ~1.8607% | ~$1,835,777 | +1329.9% |
| 2029 | ~$239,467,968 | ~$239,467,968 | ~1.7221% | ~$4,123,792 | +3370.6% |
| 2030 | ~$581,228,650 | ~$581,228,650 | ~1.5834% | ~$9,203,446 | +8323.6% |
In 2025, this property's market value of $6,900,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,900,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $205,506 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.