4101 PARKSTONE HEIGHTS DR 205 TX 78746
| Owner | MANKEY PROPERTIES LLC |
|---|---|
| Parcel ID | 0107210612 |
| Short ID | 563656 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,107 SF |
| Land SF | 4,612 SF |
| Acres | 0.106 |
| Year Built | 2003 |
| Legal | UNT 205 PARKSTONE OFFICE CENTRE CONDOMINIUMS AMENDED PLUS 4.93% INT IN COM AREA |
| Neighborhood | 23ENS02 |
| Land | $69,186 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $69,186 |
| Improvement | $497,175 |
|---|---|
| Total Improvement | $497,175 |
| Market | $566,361 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $566,361 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $566,361 |
| Taxable Value | $566,361 |
|---|
Appreciation: Market value has risen +46.5% from $386,558 (2021) to $566,361 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $11,064. Eanes ISD is the largest single contributor, at 42.6% 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 12% of market value ($69,186 land vs $497,175 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $566,361, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $912,939 by 2030, with an estimated annual tax burden around $15,284. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,107 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $4,713.26 | $4,713.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,967.83 | $2,967.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,128.64 | $2,128.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $668.44 | $668.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $585.62 | $585.62 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $11,063.79 | $11,063.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $566,361 | $566,361 | +0.0% |
| Assessed Value | $566,361 | $566,361 | +0.0% |
| Land Value | $69,186 | $69,186 | +0.0% |
| Improvement Value | $497,175 | $497,175 | +0.0% |
| Taxable Value | $566,361 | $566,361 | +0.0% |
| Total Tax 2026 = estimate |
~$11,064
Estimated
|
~$11,064
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $615,259 | $566,361 | -48,898 (-7.9%) |
| Taxable Value | $615,259 | $566,361 | -48,898 (-7.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $566,361 | $69,186 | $497,175 | — | $566,361 | $566,361 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $566,361 | $69,186 | $497,175 | — | $566,361 | $566,361 | ~$11,064 | Partial |
| 2024 | $635,929 | — | — | −$566,743 | $69,186 | $— | $10,525 | Verified |
| 2023 | $463,616 | — | — | −$394,430 | $69,186 | $— | $11,687 | Verified |
| 2022 | $423,000 | — | — | −$353,814 | $69,186 | $— | $9,193 | Verified |
| 2021 | $386,558 | — | — | −$317,372 | $69,186 | $— | $9,204 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.6% | +8.6% | ~100% | Not available | Partial |
| 2025 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2024 | -13.7% | -13.7% | ~100% | 1.9200% | Verified |
| 2023 | +37.2% | +37.2% | ~100% | 1.8400% | Verified |
| 2022 | +9.6% | +9.6% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.1% | +10.0% | +37.2% | 2024 | -10.9% | 2025 |
| Assessment Ratio | 100.0% | 43.4% | — | 100.0% | 2025 | 10.9% | 2024 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,064 | $10,334 | ~$13,511 | $11,687 | 2023 | $9,193 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$623,108 | ~$622,997 | ~1.8979% | ~$11,824 | +10.0% |
| 2027 | ~$685,540 | ~$685,297 | ~1.8423% | ~$12,625 | +21.0% |
| 2028 | ~$754,227 | ~$753,826 | ~1.7868% | ~$13,469 | +33.2% |
| 2029 | ~$829,797 | ~$829,209 | ~1.7312% | ~$14,355 | +46.5% |
| 2030 | ~$912,939 | ~$912,130 | ~1.6756% | ~$15,284 | +61.2% |
| 2026 | ~$611,780 | ~$611,780 | ~1.9535% | ~$11,951 | +8.0% |
| 2027 | ~$660,842 | ~$660,842 | ~1.9535% | ~$12,909 | +16.7% |
| 2028 | ~$713,838 | ~$713,838 | ~1.9535% | ~$13,945 | +26.0% |
| 2029 | ~$771,085 | ~$771,085 | ~1.9535% | ~$15,063 | +36.1% |
| 2030 | ~$832,922 | ~$832,922 | ~1.9535% | ~$16,271 | +47.1% |
| 2026 | ~$634,435 | ~$622,997 | ~1.8701% | ~$11,651 | +12.0% |
| 2027 | ~$710,691 | ~$685,297 | ~1.7868% | ~$12,245 | +25.5% |
| 2028 | ~$796,112 | ~$753,826 | ~1.7034% | ~$12,841 | +40.6% |
| 2029 | ~$891,801 | ~$829,209 | ~1.6200% | ~$13,434 | +57.5% |
| 2030 | ~$998,991 | ~$912,130 | ~1.5367% | ~$14,017 | +76.4% |
In 2025, this property's market value of $566,361 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -60% below the county median of $1,417,484. 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 | $566,361 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $635,929 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $463,616 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $423,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $386,558 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |
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.