PARSONS ST TX 78653
| Owner | SUAREZ ERNESTO |
|---|---|
| Parcel ID | 0235623009 |
| Short ID | 238855 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,016 SF |
| Land SF | 5,750 SF |
| Acres | 0.132 |
| Year Built | 2004 |
| Legal | LOT 1&2 BLK 30 MANOR TOWN OF |
| Neighborhood | 32EAS |
| Land | $80,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $80,500 |
| Improvement | $259,500 |
|---|---|
| Total Improvement | $259,500 |
| Market | $340,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $340,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $340,000 |
| Taxable Value | $340,000 |
|---|
Appreciation: Market value has fallen -11.2% from $382,782 (2021) to $340,000 (2025), a CAGR of -2.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,950. Manor ISD is the largest single contributor, at 41.1% 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 24% of market value ($80,500 land vs $259,500 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $340,000, 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 -2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $293,183 by 2030, with an estimated annual tax burden around $7,072. 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 | 1,500 SF | ✗ |
| 1ST | 1st Floor | 1,016 SF | ✓ |
| 611 | TERRACE | 322 SF | ✗ |
| 501 | CANOPY | 98 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $3,676.76 | $3,676.76 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $2,902.58 | $2,902.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,277.87 | $1,277.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $401.28 | $401.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $351.56 | $351.56 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $340.00 | $340.00 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $8,950.05 | $8,950.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $300,000 | $340,000 | -11.8% |
| Assessed Value | $300,000 | $340,000 | -11.8% |
| Land Value | $80,500 | $80,500 | +0.0% |
| Improvement Value | $219,500 | $259,500 | -15.4% |
| Taxable Value | $300,000 | $340,000 | -11.8% |
| Total Tax 2026 = estimate |
~$7,897
Estimated
|
~$8,950
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $345,494 | $300,000 | -45,494 (-13.2%) |
| Taxable Value | $345,494 | $300,000 | -45,494 (-13.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $300,000 | $80,500 | $219,500 | — | $300,000 | $300,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $340,000 | $80,500 | $259,500 | — | $340,000 | $340,000 | ~$8,950 | Partial |
| 2024 | $363,258 | — | — | −$282,758 | $80,500 | $— | $9,748 | Verified |
| 2023 | $351,757 | — | — | −$271,257 | $80,500 | $— | $8,599 | Verified |
| 2022 | $332,806 | — | — | −$252,306 | $80,500 | $— | $9,549 | Verified |
| 2021 | $382,782 | — | — | −$302,282 | $80,500 | $— | $9,347 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | -9.7% | -9.7% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 2.5900% | Verified |
| 2023 | +3.3% | +3.3% | ~100% | 2.3700% | Verified |
| 2022 | -0.4% | -0.4% | ~100% | 2.7100% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.8% | -4.5% | -0.3% | +5.7% | 2023 | -13.1% | 2022 |
| Assessment Ratio | 100.0% | 48.4% | — | 100.0% | 2025 | 21.0% | 2021 |
| Effective Tax Rate (2025) | 2.6300% | 2.6300% | — | 2.6300% | 2025 | 2.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,950 | $9,239 | ~$7,792 | $9,748 | 2024 | $8,599 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$330,074 | ~$330,074 | ~2.5883% | ~$8,543 | -2.9% |
| 2027 | ~$320,437 | ~$320,437 | ~2.5442% | ~$8,153 | -5.8% |
| 2028 | ~$311,082 | ~$311,082 | ~2.5001% | ~$7,777 | -8.5% |
| 2029 | ~$302,000 | ~$302,000 | ~2.4561% | ~$7,417 | -11.2% |
| 2030 | ~$293,183 | ~$293,183 | ~2.4120% | ~$7,072 | -13.8% |
| 2026 | ~$323,274 | ~$323,274 | ~2.6324% | ~$8,510 | -4.9% |
| 2027 | ~$307,370 | ~$307,370 | ~2.6324% | ~$8,091 | -9.6% |
| 2028 | ~$292,249 | ~$292,249 | ~2.6324% | ~$7,693 | -14.0% |
| 2029 | ~$277,872 | ~$277,872 | ~2.6324% | ~$7,315 | -18.3% |
| 2030 | ~$264,202 | ~$264,202 | ~2.6324% | ~$6,955 | -22.3% |
| 2026 | ~$336,874 | ~$336,874 | ~2.5663% | ~$8,645 | -0.9% |
| 2027 | ~$333,776 | ~$333,776 | ~2.5001% | ~$8,345 | -1.8% |
| 2028 | ~$330,707 | ~$330,707 | ~2.4340% | ~$8,049 | -2.7% |
| 2029 | ~$327,666 | ~$327,666 | ~2.3679% | ~$7,759 | -3.6% |
| 2030 | ~$324,653 | ~$324,653 | ~2.3018% | ~$7,473 | -4.5% |
In 2025, this property's market value of $340,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -76% 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 | $340,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $363,258 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $351,757 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $332,806 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $382,782 | $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.