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    20205 Fm 685 Pflugerville, TX 78660-7401
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    Property profile & analytics

    20205 Fm 685 Pflugerville, TX 78660-7401

    View on Map
    • Strip malls
    • 4,960 SF
    • 1.69 lot acres
    Off-Market
    Property ID
    US82-4087753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pflutto's Tavern / Bar & Pub
    • Tailor Fit Cleaners / (Bike/Boat/Book/etc) Store
    • Fresh Donuts / Bakery / Discount Store
    • AB fadez / Barber Shop
    • Chevron / Auto Repair Shop

    Property Details for 20205 Fm 685

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    1.69 lot acres
    Property size
    4,960 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    288520101
    APU
    288520101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pflugerville
    County
    Travis
    State
    Texas
    Longitude
    -97.5838
    Latitude
    30.4841
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $737,910
    $2,592,090
    $3,330,000
    -
    $737,910
    $2,592,090
    $3,330,000

    Comparable in this City

    • Value Estimation
      $610,000
      41,258 SF

      15301 Interstate 35

      SHOPPING CENTER, STRIP CENTER • 41,258 SF
      15301 Interstate 35, Pflugerville, TX 78660-3188
      View Details
    • Value Estimation by Request
      9,800 SF

      1912 Pecan St

      SHOPPING CENTER, STRIP CENTER • 9,800 SF
      1912 Pecan St, Pflugerville, TX 78660-3561
      View Details
    • Value Estimation by Request
      17,760 SF

      Autumn Slate Dr

      SHOPPING CENTER, STRIP CENTER • 17,760 SF
      Autumn Slate Dr, Pflugerville, TX 78660
      View Details
    • Value Estimation by Request
      10,000 SF

      1300 Fm 685

      SHOPPING CENTER, STRIP CENTER • 10,000 SF
      1300 Fm 685, Pflugerville, TX 78660-2900
      View Details
    • Value Estimation by Request
      12,188 SF

      1700 Grand Ave Pkwy

      SHOPPING CENTER, STRIP CENTER • 12,188 SF
      1700 Grand Ave Pkwy, Pflugerville, TX 78660-2074
      View Details
    • Value Estimation by Request
      13,150 SF

      1100 Grand Ave Pkwy

      SHOPPING CENTER, STRIP CENTER • 13,150 SF
      1100 Grand Ave Pkwy, Pflugerville, TX 78660-2194
      View Details

    Similar Nearby for Sale

    • $7,000,000
      14,455 SF

      Stabilized Retail Center in Pflugerville

      Fully leased retail center with long-term tenants and annual rent increases.
      18817 N Heatherwilde Blvd, Pflugerville, TX 78660
      View Details
    • Contact for pricing

      Prime Auto Shop Location

      Auto shop in bustling Wells Branch with high visibility.
      15212 Fm 1825, Pflugerville, TX 78660
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,014 SF

      Retail Space Near SH-130

      Retail space available in a Costco-anchored development.
      18725 Fm 685, Pflugerville, TX 78660
      View Details
    • $28 SF/Yr

      Retail Space in High Visibility Center

      Second generation retail space in a high-traffic Pflugerville center.
      15424 Fm 1825, Pflugerville, TX 78660
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Pflugerville, Texas.
      Swc Wl Br Pkwy & Dessau Rd, Pflugerville, TX 78660
      View Details
    • Contact for pricing

      Retail Space on Kelly Lane

      Retail space for lease, delivering Q1 2026 in shell condition.
      3703 Kelly Ln, Pflugerville, TX 78660
      View Details
    • Contact for pricing

      Restaurant Space with Patio Available

      New construction restaurant space with patio in growing market.
      114 Grand Avenue Pkwy, Pflugerville, TX 78660
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Pflugerville, Texas.
      1313 Fm 685, Pflugerville, TX 78660
      View Details
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    Pflugerville, TX 78660-7401
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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