INTERSTATE HY 35 78753
| Owner | PARMER 35 HOLDING LLC |
|---|---|
| Parcel ID | 0260230111 |
| Short ID | 968114 |
| Type | Real |
| Use Code | 90 Theater |
| Valuation | Income |
| Improvement SF | 54,570 SF |
| Land SF | 577,914 SF |
| Acres | 13.267 |
| Year Built | 2019 |
| Legal | TECH RIDGE 5A SUBD RSB AMD LTS 1-3 BLK A RSB BLK A LOT 1B |
| Neighborhood | PFL/FNE |
| Land | $11,558,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,558,280 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $10,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,000,000 |
| Taxable Value | $10,000,000 |
|---|
Appreciation: Market value has risen +35.1% from $7,400,000 (2023) to $10,000,000 (2025), a CAGR of 16.2% over 2 years. This is strong appreciation — well above typical inflation. 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 fell -0.0%, so this parcel has outpaced the broader commercial 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 $222,818. Pflugerville ISD is the largest single contributor, at 49.7% 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 116% of market value ($11,558,280 land vs $0 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 $10,000,000, this parcel sits in the top quartile (≥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 +25.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $46,479,178 by 2031, with an estimated annual tax burden around $447,400. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 175,000 SF | ✗ |
| 1ST | 1st Floor | 54,570 SF | ✓ |
| 611 | TERRACE | 23,123 SF | ✗ |
| 501 | CANOPY | 862 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% | $110,690.00 | $110,690.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $52,401.70 | $52,401.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $37,584.50 | $37,584.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,802.30 | $11,802.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,340.00 | $10,340.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $222,818.50 | $222,818.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $110,690.00 | 49.7% |
| CAT City of Austin | 0.5240% | $52,401.70 | 23.5% |
| TCO Travis County | 0.3758% | $37,584.50 | 16.9% |
| THD Travis Central Health | 0.1180% | $11,802.30 | 5.3% |
| ACT Austin Community College | 0.1034% | $10,340.00 | 4.6% |
| Total | 2.2282% | $222,818.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,739,805 | $10,000,000 | +47.4% |
| Assessed Value | $14,739,805 | $10,000,000 | +47.4% |
| Land Value | $6,068,097 | $11,558,280 | -47.5% |
| Improvement Value | $8,671,708 | — | — |
| Taxable Value | $14,739,805 | $10,000,000 | +47.4% |
| Total Tax 2026 = estimate |
~$328,430
Estimated
|
~$222,818
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $14,739,805 | $6,068,097 | $8,671,708 | — | $14,739,805 | $14,739,805 | Not yet — post-cert | Preliminary |
| 2025 | $10,000,000 | $11,558,280 | — | — | $10,000,000 | $10,000,000 | ~$222,818 | Partial |
| 2024 | $10,000,000 | $11,558,280 | — | — | $10,000,000 | $10,000,000 | $213,821 | Verified |
| 2023 | $7,400,000 | $6,934,968 | $465,032 | — | $7,400,000 | $7,400,000 | $152,362 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +47.4% | +47.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +35.1% | +35.1% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +47.4% | +27.5% | +25.8% | +47.4% | 2026 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| 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 |
$222,818 | $196,334 | ~$397,738 | $222,818 | 2025 | $152,362 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$18,545,779 | ~$16,213,786 | ~2.1595% | ~$350,135 | +25.8% |
| 2028 | ~$23,334,496 | ~$17,835,164 | ~2.0908% | ~$372,895 | +58.3% |
| 2029 | ~$29,359,710 | ~$19,618,680 | ~2.0221% | ~$396,707 | +99.2% |
| 2030 | ~$36,940,698 | ~$21,580,549 | ~1.9534% | ~$421,553 | +150.6% |
| 2031 | ~$46,479,178 | ~$23,738,603 | ~1.8847% | ~$447,400 | +215.3% |
| 2027 | ~$18,250,983 | ~$16,213,786 | ~2.2282% | ~$361,273 | +23.8% |
| 2028 | ~$22,598,560 | ~$17,835,164 | ~2.2282% | ~$397,400 | +53.3% |
| 2029 | ~$27,981,777 | ~$19,618,680 | ~2.2282% | ~$437,140 | +89.8% |
| 2030 | ~$34,647,333 | ~$21,580,549 | ~2.2282% | ~$480,855 | +135.1% |
| 2031 | ~$42,900,695 | ~$23,738,603 | ~2.2282% | ~$528,940 | +191.1% |
| 2027 | ~$18,840,575 | ~$16,213,786 | ~2.1251% | ~$344,565 | +27.8% |
| 2028 | ~$24,082,223 | ~$17,835,164 | ~2.0221% | ~$360,643 | +63.4% |
| 2029 | ~$30,782,152 | ~$19,618,680 | ~1.9190% | ~$376,491 | +108.8% |
| 2030 | ~$39,346,073 | ~$21,580,549 | ~1.8160% | ~$391,901 | +166.9% |
| 2031 | ~$50,292,568 | ~$23,738,603 | ~1.7129% | ~$406,630 | +241.2% |
In 2025, this property's market value of $10,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× 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 | $10,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $10,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,400,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 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 | 2023–2024 | 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 | 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 | — |