PARMER LN TX 78653
| Owner | RH RA-7 COMMERCIAL QOZB LLC |
|---|---|
| Parcel ID | 0247380309 |
| Short ID | 944130 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 11,882 SF |
| Land SF | 91,912 SF |
| Acres | 2.110 |
| Year Built | 2025 |
| Legal | LOT 1 BLK C EASTVILLAGE TOWNCENTER |
| Neighborhood | 1NE1 |
| Land | $1,378,674 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,378,674 |
| Improvement | $1,582,033 |
|---|---|
| Total Improvement | $1,582,033 |
| Market | $2,960,707 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,960,707 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,960,707 |
| Taxable Value | $2,960,707 |
|---|
Appreciation: Market value has risen +973.8% from $275,735 (2021) to $2,960,707 (2025), a CAGR of 81.0% 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 Commercial parcel countywide rose +17.8%, so this parcel has outpaced the broader commercial 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 $65,215. Manor ISD is the largest single contributor, at 49.1% 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 47% of market value ($1,378,674 land vs $1,582,033 improvements), about $15/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,960,707, 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 +69.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $52,657,300 by 2031, with an estimated annual tax burden around $985,912. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 38,000 SF | ✗ |
| 1ST | 1st Floor | 11,882 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $32,017.09 | $32,017.09 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,514.61 | $15,514.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,127.67 | $11,127.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,494.32 | $3,494.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,061.37 | $3,061.37 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $65,215.06 | $65,215.06 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $32,017.09 | 49.1% |
| CAT City of Austin | 0.5240% | $15,514.61 | 23.8% |
| TCO Travis County | 0.3758% | $11,127.67 | 17.1% |
| THD Travis Central Health | 0.1180% | $3,494.32 | 5.4% |
| ACT Austin Community College | 0.1034% | $3,061.37 | 4.7% |
| Total | 2.2027% | $65,215.06 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,810,441 | $2,960,707 | +28.7% |
| Assessed Value | $3,810,441 | $2,960,707 | +28.7% |
| Land Value | $1,378,674 | $1,378,674 | +0.0% |
| Improvement Value | $2,431,767 | $1,582,033 | +53.7% |
| Taxable Value | $3,810,441 | $2,960,707 | +28.7% |
| Total Tax 2026 = estimate |
~$83,932
Estimated
|
~$65,215
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,810,441 | $1,378,674 | $2,431,767 | — | $3,810,441 | $3,810,441 | Not yet — post-cert | Preliminary |
| 2025 | $2,960,707 | $1,378,674 | $1,582,033 | — | $2,960,707 | $2,960,707 | ~$65,215 | Partial |
| 2024 | $933,252 | $1,378,674 | — | — | $933,252 | $933,252 | $19,717 | Verified |
| 2023 | $1,378,674 | $1,378,674 | — | — | $1,378,674 | $1,378,674 | $24,678 | Verified |
| 2022 | $275,735 | $275,735 | — | — | $275,735 | $275,735 | $6,426 | Verified |
| 2021 | $275,735 | $275,735 | — | — | $275,735 | $275,735 | $6,802 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.7% | +28.7% | ~100% | Not available | Partial |
| 2025 | +217.2% ! | +217.2% | ~100% | Not available | Partial |
| 2024 | -32.3% | -32.3% | ~100% | No billing data | Verified |
| 2023 | +400.0% ! | +400.0% | ~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): +973.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +28.7% | +122.7% | +69.1% | +400.0% | 2023 | -32.3% | 2024 |
| 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 |
$65,215 | $24,568 | ~$464,400 | $65,215 | 2025 | $6,426 | 2022 |
Market value changed by 400% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,442,759 | ~$6,442,759 | ~2.1366% | ~$137,657 | +69.1% |
| 2028 | ~$10,893,529 | ~$10,893,529 | ~2.0705% | ~$225,555 | +185.9% |
| 2029 | ~$18,418,966 | ~$18,418,966 | ~2.0045% | ~$369,202 | +383.4% |
| 2030 | ~$31,143,106 | ~$31,143,106 | ~1.9384% | ~$603,675 | +717.3% |
| 2031 | ~$52,657,300 | ~$52,657,300 | ~1.8723% | ~$985,912 | +1281.9% |
| 2027 | ~$6,366,551 | ~$6,366,551 | ~2.2027% | ~$140,235 | +67.1% |
| 2028 | ~$10,637,342 | ~$10,637,342 | ~2.2027% | ~$234,307 | +179.2% |
| 2029 | ~$17,773,055 | ~$17,773,055 | ~2.2027% | ~$391,484 | +366.4% |
| 2030 | ~$29,695,527 | ~$29,695,527 | ~2.2027% | ~$654,099 | +679.3% |
| 2031 | ~$49,615,799 | ~$49,615,799 | ~2.2027% | ~$1,092,880 | +1202.1% |
| 2027 | ~$6,518,968 | ~$6,518,968 | ~2.1036% | ~$137,131 | +71.1% |
| 2028 | ~$11,152,763 | ~$11,152,763 | ~2.0045% | ~$223,553 | +192.7% |
| 2029 | ~$19,080,340 | ~$19,080,340 | ~1.9054% | ~$363,548 | +400.7% |
| 2030 | ~$32,642,974 | ~$32,642,974 | ~1.8062% | ~$589,612 | +756.7% |
| 2031 | ~$55,846,163 | ~$55,846,163 | ~1.7071% | ~$953,369 | +1365.6% |
In 2025, this property's market value of $2,960,707 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +114% 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 | $2,960,707 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $933,252 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,378,674 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $275,735 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $275,735 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 |
| 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 | — |