5851 E PARMER LN TX 78653
| Owner | MALABAR HILL PARMER LLC |
|---|---|
| Parcel ID | 0243430127 |
| Short ID | 785856 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 265,585 SF |
| Acres | 6.097 |
| Year Built | — |
| Legal | LOT 3-B PARMER COMMONS SOUTHEAST CORNER |
| Neighborhood | 1NE1 |
| Land | $863,152 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $863,152 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $863,152 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $863,152 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $863,152 |
| Taxable Value | $863,152 |
|---|
Appreciation: Market value has risen +484.2% from $147,755 (2021) to $863,152 (2025), a CAGR of 55.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $19,013. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($863,152 land vs $0 improvements), about $3/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $863,152, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +55.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,839,144 by 2030, with an estimated annual tax burden around $146,774. 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.
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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $9,334.13 | $9,334.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,523.06 | $4,523.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,244.11 | $3,244.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,018.72 | $1,018.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $892.50 | $892.50 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $19,012.52 | $19,012.52 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $9,334.13 | 49.1% |
| CAT City of Austin | 0.5240% | $4,523.06 | 23.8% |
| TCO Travis County | 0.3758% | $3,244.11 | 17.1% |
| THD Travis Central Health | 0.1180% | $1,018.72 | 5.4% |
| ACT Austin Community College | 0.1034% | $892.50 | 4.7% |
| Total | 2.2027% | $19,012.52 | 100.0% |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $863,152 | — |
| Assessed Value | — | $863,152 | — |
| Land Value | — | $863,152 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $863,152 | — |
| Total Tax | Pending certification |
~$19,013
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $863,152 | $863,152 | — | — | $863,152 | $863,152 | ~$19,013 | Partial |
| 2024 | $147,756 | $147,756 | — | — | $147,756 | $147,756 | $3,122 | Verified |
| 2023 | $147,756 | $147,756 | — | — | $147,756 | $147,756 | $3,008 | Verified |
| 2022 | $147,756 | $147,756 | — | — | $147,756 | $147,756 | $3,443 | Verified |
| 2021 | $147,755 | $147,755 | — | — | $147,755 | $147,755 | $3,645 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +484.2% ! | +484.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +484.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +484.2% | +121.0% | +55.5% | +484.2% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,013 | $6,446 | ~$76,279 | $19,013 | 2025 | $3,008 | 2023 |
Market value changed by 484% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,341,911 | ~$1,341,911 | ~2.1366% | ~$28,671 | +55.5% |
| 2027 | ~$2,086,219 | ~$2,086,219 | ~2.0705% | ~$43,196 | +141.7% |
| 2028 | ~$3,243,367 | ~$3,243,367 | ~2.0045% | ~$65,012 | +275.8% |
| 2029 | ~$5,042,343 | ~$5,042,343 | ~1.9384% | ~$97,740 | +484.2% |
| 2030 | ~$7,839,144 | ~$7,839,144 | ~1.8723% | ~$146,774 | +808.2% |
| 2026 | ~$1,324,647 | ~$1,324,647 | ~2.2027% | ~$29,178 | +53.5% |
| 2027 | ~$2,032,888 | ~$2,032,888 | ~2.2027% | ~$44,778 | +135.5% |
| 2028 | ~$3,119,797 | ~$3,119,797 | ~2.2027% | ~$68,719 | +261.4% |
| 2029 | ~$4,787,838 | ~$4,787,838 | ~2.2027% | ~$105,461 | +454.7% |
| 2030 | ~$7,347,717 | ~$7,347,717 | ~2.2027% | ~$161,847 | +751.3% |
| 2026 | ~$1,359,174 | ~$1,359,174 | ~2.1036% | ~$28,591 | +57.5% |
| 2027 | ~$2,140,240 | ~$2,140,240 | ~2.0045% | ~$42,900 | +148.0% |
| 2028 | ~$3,370,157 | ~$3,370,157 | ~1.9054% | ~$64,213 | +290.4% |
| 2029 | ~$5,306,862 | ~$5,306,862 | ~1.8062% | ~$95,855 | +514.8% |
| 2030 | ~$8,356,520 | ~$8,356,520 | ~1.7071% | ~$142,657 | +868.1% |
In 2025, this property's market value of $863,152 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 10× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $863,152 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $147,756 | $23,000 | $66,000 | $328,966 | ↑ Above median | +0.0% |
| 2023 | $147,756 | $24,692 | $71,500 | $270,000 | ↑ Above median | +0.0% |
| 2022 | $147,756 | $15,000 | $55,000 | $180,000 | ↑ Above median | +100.0% |
| 2021 | $147,755 | $8,000 | $22,000 | $81,900 | ↑ Top 25% | 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 |
| 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 | — |