Property Tax Out of Bounds

Podcast: The Real Estate Espresso Podcast · Victor Menasce

Opublikowano: 2026-09-30

On today’s show we’re examining a form of apartment distress that can hide in plain sight. One of our team members recently visited , a 500-unit apartment complex in Pflugerville, Texas, just north of Austin. It is relatively new. Construction began in 2021 and the completed project was turned over in May of 2023. This isn’t a tired 1970s apartment complex suffering from decades of deferred maintenance. Let’s follow the property through the tax records. In 2021, while the project was getting underway, the assessed value was about $5.3 million. In 2022, it increase...