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2904 PALM WAY TX 78758

Travis County, TX · Land / Vacant Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$142,353,940
2025 Verified
Taxable Value
$142,353,940
2025 Verified
Total Tax
~$2,800,881
2025 Partial
Effective Tax Rate (2025)
1.9700%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$153,197,985
+7.6% 2025 → 2026 Preliminary
Taxable Value
$153,197,985
2026 Preliminary
Est. 2026 Total Tax
~$3,135,174
2026 Estimated
Est. 2026 Effective Tax Rate
2.0465%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 20, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
5 days to next
Roll Certified
Jul 25
This parcel's 2026 values are still Preliminary as of today.
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
Property Info
Owner TR DOMAIN 9 LLC
Parcel ID 0256081601
Short ID 921659
Type Real
Use Code 50 Office Hi-Rise (≥6 Stories)
Valuation Income
Improvement SF 117,836 SF
Land SF 110,686 SF
Acres 2.541
Year Built 2023
Legal LOT D9 DOMAIN LT D9 SUBD
Neighborhood 51NWE
Current Values 2025 Certified
Land$11,068,596
Special Use Land MarketNot Available
Total Land $11,068,596
Improvement$131,285,344
Total Improvement $131,285,344
Market$142,353,940
Special Use Exclusion (−)Not Available
Appraised$142,353,940
Value Limitation Adjustment (−)
Net Appraised (assessed) $142,353,940
Taxable Value $142,353,940
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +2043.5% from $6,641,158 (2021) to $142,353,940 (2025), a CAGR of 115.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,913,252. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.

Asset Class: Land / Vacant. 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.


Investment Snapshot — 2025 certified basis
Building (Main)
117,836 SF
living area
Gross Building
596,626 SF
enclosed area
Land
110,686 SF
2.541 ac
Value / Bldg SF
$1,208
all-in (incl. land)
Land $/SF
$100
land value only
Land Value Share
8%
Year Built
2023
~3 yrs old
Eff. Tax Rate
1.970%
total tax ÷ market value
Est. Annual Tax
$2,913,252
2025 taxable × rate

Value Composition: Land carries 8% of market value ($11,068,596 land vs $131,285,344 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.

Submarket Position: At $142,353,940, 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 +87.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,533,965,403 by 2031, with an estimated annual tax burden around $4,647,699. 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.

Property Tax & County News Travis County · live feed
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Improvement Detail
Improvement Value
$131,285,344
Main Area
117,836 SF
Gross Building Area
596,626 SF
Year Built
2023
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
7 components · show ▾hide ▴
Code Description SF In Gross
187 PARKING GARAGE 270,000 SF
ADDL Additional Floor 138,892 SF
1ST 1st Floor 47,974 SF
3RD 3rd Floor 34,949 SF
4TH 4th Floor 34,949 SF
5TH 5th Floor 34,949 SF
2ND 2nd Floor 34,913 SF
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 117,836 SF main area · 596,626 SF gross · 2.541 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $1,266,256.48 $1,266,256.48 Paid
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $717,185.39 $717,185.39 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $514,392.74 $514,392.74 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $161,529.82 $161,529.82 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $141,516.34 $141,516.34 Paid
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $2,800,880.77 $2,800,880.77 Paid
2025 Tax Burden — Entity Split
IAU
45.2% $1,266,256
CAT
25.6% $717,185
TCO
18.4% $514,393
THD
5.8% $161,530
ACT
5.1% $141,516
Total: $2,800,881
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $1,266,256.48 45.2%
CAT City of Austin 0.5240% $717,185.39 25.6%
TCO Travis County 0.3758% $514,392.74 18.4%
THD Travis Central Health 0.1180% $161,529.82 5.8%
ACT Austin Community College 0.1034% $141,516.34 5.1%
Total 2.0465% $2,800,880.77 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $153,197,985 $142,353,940 +7.6%
Assessed Value $153,197,985 $142,353,940 +7.6%
Land Value $11,068,596 $11,068,596 +0.0%
Improvement Value $142,129,389 $131,285,344 +8.3%
Taxable Value $153,197,985 $142,353,940 +7.6%
Total Tax 2026 = estimate
~$3,135,174
Estimated
~$2,800,881
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $153,197,985 $11,068,596 $142,129,389 $153,197,985 $153,197,985 Not yet — post-cert Preliminary
2025 $142,353,940 $11,068,596 $131,285,344 $142,353,940 $142,353,940 ~$2,800,881 Partial
2024 $108,314,778 $11,068,596 $97,246,182 $108,314,778 $108,314,778 $1,943,224 Verified
2023 $125,621,150 $11,068,596 $114,552,554 $125,621,150 $125,621,150 $1,845,629 Verified
2022 $14,111,364 $7,194,587 $6,916,777 $14,111,364 $14,111,364 $278,689 Verified
2021 $6,641,158 $6,641,158 $6,641,158 $6,641,158 $144,557 Verified
Value Trend
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +7.6% +7.6% ~100% Not available Partial
2025 +31.4% +31.4% ~100% Not available Partial
2024 -13.8% -13.8% ~100% No billing data Verified
2023 +790.2% ! +790.2% ~100% No billing data Verified
2022 +112.5% ! +112.5% ~100% No billing data Verified
2021 base year ~100% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +2043.5%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 112% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$286,982,161 ~$168,517,784 ~2.0139% ~$3,393,841 +87.3%
2028 ~$537,596,892 ~$185,369,562 ~1.9814% ~$3,672,890 +250.9%
2029 ~$1,007,067,539 ~$203,906,518 ~1.9488% ~$3,973,811 +557.4%
2030 ~$1,886,515,794 ~$224,297,170 ~1.9163% ~$4,298,186 +1131.4%
2031 ~$3,533,965,403 ~$246,726,887 ~1.8837% ~$4,647,699 +2206.8%
Submarket Position
Where This Property Stands — Land/Vacant Benchmark

In 2025, this property's market value of $142,353,940 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 1686× 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 $142,353,940 $24,862 $84,423 $362,804 ↑ Top 25% +2.1%
2024 $108,314,778 $23,000 $66,000 $328,966 ↑ Top 25% +0.0%
2023 $125,621,150 $24,692 $71,500 $270,000 ↑ Top 25% +0.0%
2022 $14,111,364 $15,000 $55,000 $180,000 ↑ Top 25% +100.0%
2021 $6,641,158 $8,000 $22,000 $81,900 ↑ Top 25% base yr
Documents & Sources
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