1206 PARKWAY TX 78703
| Owner | COLUMBINE PROPERTIES INC |
|---|---|
| Parcel ID | 0210000804 |
| Short ID | 199660 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,252 SF |
| Land SF | 14,932 SF |
| Acres | 0.343 |
| Year Built | 1965 |
| Legal | LOT 65 & E35.5 AV OF LOT 62 OLT 6 DIV Z ENFIELD A |
| Neighborhood | 32CEN |
| Land | $2,127,810 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,127,810 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,775,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,775,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,775,000 |
| Taxable Value | $1,775,000 |
|---|
Appreciation: Market value has risen +17.1% from $1,516,332 (2021) to $1,775,000 (2025), a CAGR of 4.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $36,325. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 120% of market value ($2,127,810 land vs $0 improvements), about $142/SF of land. With value concentrated in the land under a ~61-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,775,000, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +11.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,423,045 by 2031, with an estimated annual tax burden around $64,620. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,000 SF | ✗ |
| 1ST | 1st Floor | 3,252 SF | ✓ |
| 611 | TERRACE | 1,111 SF | ✗ |
| 501 | CANOPY | 288 SF | ✗ |
| 327 | STORAGE COMM'L | 143 SF | ✓ |
| SO | Sketch Only | 116 SF | ✗ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $16,422.30 | $16,422.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,301.30 | $9,301.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,671.25 | $6,671.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,094.91 | $2,094.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,835.35 | $1,835.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,325.11 | $36,325.11 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $16,422.30 | 45.2% |
| CAT City of Austin | 0.5240% | $9,301.30 | 25.6% |
| TCO Travis County | 0.3758% | $6,671.25 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,094.91 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,835.35 | 5.1% |
| Total | 2.0465% | $36,325.11 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,589,750 | $1,775,000 | +45.9% |
| Assessed Value | $2,130,000 | $1,775,000 | +20.0% |
| Land Value | $2,239,800 | $2,127,810 | +5.3% |
| Improvement Value | $349,950 | — | — |
| Taxable Value | $2,130,000 | $1,775,000 | +20.0% |
| HS Cap Loss | -$459,750 | — | |
| Total Tax 2026 = estimate |
~$43,590
Estimated
|
~$36,325
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,589,750 | $2,239,800 | $349,950 | −$459,750 | $2,130,000 | $2,130,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,775,000 | $2,127,810 | — | — | $1,775,000 | $1,775,000 | ~$36,325 | Partial |
| 2024 | $1,750,000 | $2,127,810 | — | — | $1,750,000 | $1,750,000 | $34,682 | Verified |
| 2023 | $1,900,000 | $2,127,810 | — | — | $1,900,000 | $1,900,000 | $34,376 | Verified |
| 2022 | $1,649,340 | $1,493,200 | $156,140 | — | $1,649,340 | $1,649,340 | $28,472 | Verified |
| 2021 | $1,516,332 | $1,493,200 | $23,132 | — | $1,516,332 | $1,516,332 | $33,006 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +45.9% | +20.0% | 82.2% | Not available | Partial |
| 2025 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2024 | -7.9% | -7.9% | ~100% | No billing data | Verified |
| 2023 | +15.2% | +15.2% | ~100% | No billing data | Verified |
| 2022 | +8.8% | +8.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +45.9% | +12.7% | +11.3% | +45.9% | 2026 | -7.9% | 2024 |
| Assessment Ratio | 82.2% | 97.0% | — | 100.0% | 2021 | 82.2% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,325 | $33,372 | ~$55,577 | $36,325 | 2025 | $28,472 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,882,375 | ~$2,343,000 | ~2.0139% | ~$47,187 | +11.3% |
| 2028 | ~$3,208,066 | ~$2,577,300 | ~1.9814% | ~$51,066 | +23.9% |
| 2029 | ~$3,570,557 | ~$2,835,030 | ~1.9488% | ~$55,250 | +37.9% |
| 2030 | ~$3,974,007 | ~$3,118,533 | ~1.9163% | ~$59,760 | +53.5% |
| 2031 | ~$4,423,045 | ~$3,430,386 | ~1.8837% | ~$64,620 | +70.8% |
| 2027 | ~$2,830,580 | ~$2,343,000 | ~2.0465% | ~$47,949 | +9.3% |
| 2028 | ~$3,093,807 | ~$2,577,300 | ~2.0465% | ~$52,744 | +19.5% |
| 2029 | ~$3,381,511 | ~$2,835,030 | ~2.0465% | ~$58,018 | +30.6% |
| 2030 | ~$3,695,970 | ~$3,118,533 | ~2.0465% | ~$63,820 | +42.7% |
| 2031 | ~$4,039,672 | ~$3,430,386 | ~2.0465% | ~$70,202 | +56.0% |
| 2027 | ~$2,934,170 | ~$2,343,000 | ~1.9977% | ~$46,805 | +13.3% |
| 2028 | ~$3,324,397 | ~$2,577,300 | ~1.9488% | ~$50,227 | +28.4% |
| 2029 | ~$3,766,520 | ~$2,835,030 | ~1.9000% | ~$53,866 | +45.4% |
| 2030 | ~$4,267,444 | ~$3,118,533 | ~1.8512% | ~$57,730 | +64.8% |
| 2031 | ~$4,834,987 | ~$3,430,386 | ~1.8024% | ~$61,828 | +86.7% |
In 2025, this property's market value of $1,775,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +28% above the county median of $1,382,921. 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 | $1,775,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,750,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,900,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,649,340 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,516,332 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |