5300 RIATA PARK CT TX 78727
| Owner | PARMER TEXAS LLC |
|---|---|
| Parcel ID | 0268030901 |
| Short ID | 462797 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 263,766 SF |
| Land SF | 1,231,220 SF |
| Acres | 28.265 |
| Year Built | 2000 |
| Legal | LOT 1-7 BLK D MILWOOD SEC 20 |
| Neighborhood | 51FNW |
| Land | $14,774,640 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,774,640 |
| Improvement | $17,988,699 |
|---|---|
| Total Improvement | $17,988,699 |
| Market | $32,763,339 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,763,339 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,763,339 |
| Taxable Value | $32,763,339 |
|---|
Appreciation: Market value has fallen -47.5% from $62,381,000 (2021) to $32,763,339 (2025), a CAGR of -14.9% over 4 years. Growth has been relatively flat for this asset class. 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 Commercial parcel countywide rose +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $659,980. Round Rock ISD is the largest single contributor, at 44.3% 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 45% of market value ($14,774,640 land vs $17,988,699 improvements), about $12/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $32,763,339, 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 -13.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,970,701 by 2031, with an estimated annual tax burden around $240,526. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 655,300 SF | ✗ |
| 1ST | 1st Floor | 263,766 SF | ✓ |
| 491 | SPRINKLER HEADS | 263,766 SF | ✗ |
| 501 | CANOPY | 8,739 SF | ✗ |
| 611 | TERRACE | 1,975 SF | ✗ |
| 408 | LOADING RAMP | 1,600 SF | ✓ |
| 482 | LIGHT POLES | 58 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $292,609.38 | $292,609.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $171,685.47 | $171,685.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $123,139.37 | $123,139.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,668.28 | $38,668.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,877.29 | $33,877.29 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $659,979.79 | $659,979.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $292,609.38 | 44.3% |
| CAT City of Austin | 0.5240% | $171,685.47 | 26.0% |
| TCO Travis County | 0.3758% | $123,139.37 | 18.7% |
| THD Travis Central Health | 0.1180% | $38,668.28 | 5.9% |
| ACT Austin Community College | 0.1034% | $33,877.29 | 5.1% |
| Total | 2.0144% | $659,979.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $29,521,285 | $32,763,339 | -9.9% |
| Assessed Value | $29,521,285 | $32,763,339 | -9.9% |
| Land Value | $14,774,640 | $14,774,640 | +0.0% |
| Improvement Value | $14,746,645 | $17,988,699 | -18.0% |
| Taxable Value | $29,521,285 | $32,763,339 | -9.9% |
| Total Tax 2026 = estimate |
~$594,672
Estimated
|
~$659,980
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $29,521,285 | $14,774,640 | $14,746,645 | — | $29,521,285 | $29,521,285 | Not yet — post-cert | Preliminary |
| 2025 | $32,763,339 | $14,774,640 | $17,988,699 | — | $32,763,339 | $32,763,339 | ~$659,980 | Partial |
| 2024 | $36,194,847 | $14,774,640 | $21,420,207 | — | $36,194,847 | $36,194,847 | $696,539 | Verified |
| 2023 | $40,603,911 | $14,774,640 | $25,829,271 | — | $40,603,911 | $40,603,911 | $686,139 | Verified |
| 2022 | $58,391,000 | $14,774,640 | $43,616,360 | — | $58,391,000 | $58,391,000 | $1,191,715 | Verified |
| 2021 | $62,381,000 | $14,774,640 | $47,606,360 | — | $62,381,000 | $62,381,000 | $1,402,686 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.9% | -9.9% | ~100% | Not available | Partial |
| 2025 | -9.5% | -9.5% | ~100% | Not available | Partial |
| 2024 | -10.9% | -10.9% | ~100% | No billing data | Verified |
| 2023 | -30.5% | -30.5% | ~100% | No billing data | Verified |
| 2022 | -6.4% | -6.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -47.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.9% | -13.4% | -13.9% | -6.4% | 2022 | -30.5% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$659,980 | $927,412 | ~$357,653 | $1,402,686 | 2021 | $659,980 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$25,418,613 | ~$25,418,613 | ~1.9558% | ~$497,147 | -13.9% |
| 2028 | ~$21,886,102 | ~$21,886,102 | ~1.8973% | ~$415,242 | -25.9% |
| 2029 | ~$18,844,517 | ~$18,844,517 | ~1.8387% | ~$346,502 | -36.2% |
| 2030 | ~$16,225,631 | ~$16,225,631 | ~1.7802% | ~$288,847 | -45.0% |
| 2031 | ~$13,970,701 | ~$13,970,701 | ~1.7216% | ~$240,526 | -52.7% |
| 2027 | ~$28,045,221 | ~$28,045,221 | ~2.0144% | ~$564,939 | -5.0% |
| 2028 | ~$26,642,960 | ~$26,642,960 | ~2.0144% | ~$536,692 | -9.7% |
| 2029 | ~$25,310,812 | ~$25,310,812 | ~2.0144% | ~$509,857 | -14.3% |
| 2030 | ~$24,045,271 | ~$24,045,271 | ~2.0144% | ~$484,364 | -18.5% |
| 2031 | ~$22,843,008 | ~$22,843,008 | ~2.0144% | ~$460,146 | -22.6% |
| 2027 | ~$26,009,038 | ~$26,009,038 | ~1.9266% | ~$501,080 | -11.9% |
| 2028 | ~$22,914,655 | ~$22,914,655 | ~1.8387% | ~$421,341 | -22.4% |
| 2029 | ~$20,188,422 | ~$20,188,422 | ~1.7509% | ~$353,482 | -31.6% |
| 2030 | ~$17,786,537 | ~$17,786,537 | ~1.6631% | ~$295,807 | -39.8% |
| 2031 | ~$15,670,413 | ~$15,670,413 | ~1.5753% | ~$246,852 | -46.9% |
In 2025, this property's market value of $32,763,339 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 24× 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 | $32,763,339 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $36,194,847 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $40,603,911 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $58,391,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $62,381,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ 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 | — |