A water tower reading Welcome to Pflugerville against a partly cloudy sky — A Pflugerville water tower, 2009. (Photo: JD Hancock / Wikimedia Commons, CC BY 2.0)

October 20, 2026 · 2 min read

Pflugerville Weighs $922,000 to Restore an Old Pecan Street Building and Add Public Parking

The downtown building once housed Priem Tavern. The tax increment zone's revenue came in $845,329 below budget last year.

A Pflugerville building that has stood on East Pecan Street for more than a century, once home to Priem Tavern, could be restored with tax increment money. The zone’s board takes up a plan Tuesday that would also pave the lot next to it for public parking.

The Tax Reinvestment Zone No. 1 Board meets at 6 p.m. Oct. 20 at 1611 Pfennig Lane, according to the agenda. Members are scheduled to discuss and consider a five-year capital plan for the zone, covering fiscal 2027 through 2031.

The building at 101-105 E. Pecan

According to a project summary prepared for the meeting, the building at 101-105 E. Pecan Street went up sometime between 1910 and 1920, judging by its architecture, and sits partly on its original pier-and-beam foundation. It has no formal state or federal historic designation, but staff call it one of the few original buildings left in the historic downtown. Old photos in the packet show it housed L&M Builders Plumber & Supplies and Priem Tavern. It was later a beauty salon, a restaurant and a barbershop.

An October 2024 condition assessment found it needs roof, foundation and floor repairs, partial rebuilding of an exterior wall, new windows and insulation, all-new wiring, new heating and air, plumbing work and accessible restrooms. Staff estimate the work at $651,600. That includes a 50% contingency because of the building’s age, plus 20% for design.

Parking

The gravel lot beside the building is partly paved and shared with the neighbor to the east, who owns part of it. The plan would buy that land and rebuild the lot with marked spaces, one-way traffic, sidewalks, lighting, bollards and landscaping. Estimated cost: $270,984, including $100,000 for property acquisition.

The packet cites a 2019 downtown parking study that found evening overflow parking spilling into the nearby neighborhood. Staff wrote that public parking would cut down on disputes over who can use the lot.

A two-story brick building with a brewery sign and an outdoor stairway beside power poles in Pflugerville

A brewery in an older brick building in Pflugerville, 2024. Photo: Eyeheartsnakes / Wikimedia Commons, CC0 1.0.

The draft capital plan would spend $250,000 in fiscal 2027 and $672,600 in fiscal 2028 on the two pieces. The building work would get $130,000 and then $521,600, and the parking $120,000 and then $151,000. That adds up to $922,600, slightly more than the $922,584 in the project summary.

Revenue came in short

The board will also review the zone’s fiscal 2026 financial report. Property tax increment came in at $4,347,714, which is $845,329 below the $5,193,043 budgeted. The Falcon Pointe area alone fell $639,038 short. The zone spent $7.5 million on the Downtown East parking structure, $500,000 under its $8 million budget. It finished the year with $1,735,967, below the $2,148,040 planned.

The five-year plan expects increment revenue to rise to $5,179,626 by fiscal 2031. It also carries yearly debt payments for Falcon Pointe and Downtown East that total $2,099,490 in fiscal 2027. No other capital projects are listed after fiscal 2028.

The project summary says the Pecan Street work fits categories already allowed in the zone’s project and finance plan. Residents may speak for up to three minutes during public comment.