12829 1/2 PARMER LN TX 78753
| Owner | KARLIN MCCALLEN PASS LLC |
|---|---|
| Parcel ID | 0258280301 |
| Short ID | 874642 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 390,000 SF |
| Land SF | 1,681,416 SF |
| Acres | 38.600 |
| Year Built | 2022 |
| Legal | LOT 12A PARMER BUSINESS PARK AMD |
| Neighborhood | 51NEA |
| Land | $33,628,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $33,628,320 |
| Improvement | $11,801,091 |
|---|---|
| Total Improvement | $11,801,091 |
| Market | $45,429,411 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $45,429,411 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $45,429,411 |
| Taxable Value | $45,429,411 |
|---|
Appreciation: Market value has risen +575.5% from $6,725,664 (2021) to $45,429,411 (2025), a CAGR of 61.2% 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 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,012,251. Pflugerville ISD is the largest single contributor, at 49.7% 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.
Value Composition: Land carries 74% of market value ($33,628,320 land vs $11,801,091 improvements), about $20/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 $45,429,411, 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 +46.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $306,859,127 by 2031, with an estimated annual tax burden around $1,378,926. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 168,000 SF | ✓ |
| 1ST | 1st Floor | 130,000 SF | ✓ |
| 2ND | 2nd Floor | 130,000 SF | ✓ |
| 3RD | 3rd Floor | 130,000 SF | ✓ |
| 4TH | 4th Floor | 130,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $502,858.15 | $502,858.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $238,057.84 | $238,057.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $170,744.17 | $170,744.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $53,617.15 | $53,617.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $46,974.01 | $46,974.01 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,012,251.32 | $1,012,251.32 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $502,858.15 | 49.7% |
| CAT City of Austin | 0.5240% | $238,057.84 | 23.5% |
| TCO Travis County | 0.3758% | $170,744.17 | 16.9% |
| THD Travis Central Health | 0.1180% | $53,617.15 | 5.3% |
| ACT Austin Community College | 0.1034% | $46,974.01 | 4.6% |
| Total | 2.2282% | $1,012,251.32 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $45,429,411 | $45,429,411 | +0.0% |
| Assessed Value | $45,429,411 | $45,429,411 | +0.0% |
| Land Value | $33,628,320 | $33,628,320 | +0.0% |
| Improvement Value | $11,801,091 | $11,801,091 | +0.0% |
| Taxable Value | $45,429,411 | $45,429,411 | +0.0% |
| Total Tax 2026 = estimate |
~$1,012,251
Estimated
|
~$1,012,251
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $45,429,411 | $33,628,320 | $11,801,091 | — | $45,429,411 | $45,429,411 | Not yet — post-cert | Preliminary |
| 2025 | $45,429,411 | $33,628,320 | $11,801,091 | — | $45,429,411 | $45,429,411 | ~$1,012,251 | Partial |
| 2024 | $61,574,190 | $33,628,320 | $27,945,870 | — | $61,574,190 | $61,574,190 | $1,316,588 | Verified |
| 2023 | $47,728,376 | $6,725,664 | $41,002,712 | — | $47,728,376 | $47,728,376 | $982,702 | Verified |
| 2022 | $6,725,664 | $6,725,664 | — | — | $6,725,664 | $6,725,664 | $150,851 | Verified |
| 2021 | $6,725,664 | $6,725,664 | — | — | $6,725,664 | $6,725,664 | $168,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -26.2% | -26.2% | ~100% | Not available | Partial |
| 2024 | +29.0% | +29.0% | ~100% | No billing data | Verified |
| 2023 | +609.6% ! | +609.6% | ~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): +575.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +122.5% | +46.5% | +609.6% | 2023 | -26.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,012,251 | $726,147 | ~$1,225,864 | $1,316,588 | 2024 | $150,851 | 2022 |
Market value changed by 610% 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 | ~$66,566,771 | ~$49,972,352 | ~2.1595% | ~$1,079,146 | +46.5% |
| 2028 | ~$97,538,906 | ~$54,969,587 | ~2.0908% | ~$1,149,298 | +114.7% |
| 2029 | ~$142,921,732 | ~$60,466,546 | ~2.0221% | ~$1,222,688 | +214.6% |
| 2030 | ~$209,420,242 | ~$66,513,201 | ~1.9534% | ~$1,299,263 | +361.0% |
| 2031 | ~$306,859,127 | ~$73,164,521 | ~1.8847% | ~$1,378,926 | +575.5% |
| 2027 | ~$65,658,183 | ~$49,972,352 | ~2.2282% | ~$1,113,476 | +44.5% |
| 2028 | ~$94,894,407 | ~$54,969,587 | ~2.2282% | ~$1,224,824 | +108.9% |
| 2029 | ~$137,148,914 | ~$60,466,546 | ~2.2282% | ~$1,347,307 | +201.9% |
| 2030 | ~$198,218,474 | ~$66,513,201 | ~2.2282% | ~$1,482,037 | +336.3% |
| 2031 | ~$286,481,040 | ~$73,164,521 | ~2.2282% | ~$1,630,241 | +530.6% |
| 2027 | ~$67,475,360 | ~$49,972,352 | ~2.1251% | ~$1,061,981 | +48.5% |
| 2028 | ~$100,219,749 | ~$54,969,587 | ~2.0221% | ~$1,111,534 | +120.6% |
| 2029 | ~$148,854,310 | ~$60,466,546 | ~1.9190% | ~$1,160,378 | +227.7% |
| 2030 | ~$221,090,211 | ~$66,513,201 | ~1.8160% | ~$1,207,876 | +386.7% |
| 2031 | ~$328,380,695 | ~$73,164,521 | ~1.7129% | ~$1,253,269 | +622.8% |
In 2025, this property's market value of $45,429,411 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 538× 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 | $45,429,411 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $61,574,190 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $47,728,376 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $6,725,664 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $6,725,664 | $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 |
| 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 | — |