3500 PARMER LN TX 78653
| Owner | JANIS ATX LLC |
|---|---|
| Parcel ID | 0247380307 |
| Short ID | 944128 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 6,216 SF |
| Land SF | 37,897 SF |
| Acres | 0.870 |
| Year Built | 2025 |
| Legal | LOT 10 BLK C EASTVILLAGE TOWNCENTER |
| Neighborhood | 1NE1 |
| Land | $568,458 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $568,458 |
| Improvement | $837,508 |
|---|---|
| Total Improvement | $837,508 |
| Market | $1,405,966 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,405,966 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,405,966 |
| Taxable Value | $1,405,966 |
|---|
Appreciation: Market value has risen +38.8% from $1,012,587 (2024) to $1,405,966 (2025), a CAGR of 38.8% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 -1.5%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $30,969. Manor ISD is the largest single contributor, at 49.1% 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 40% of market value ($568,458 land vs $837,508 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,405,966, this parcel sits in the lower-middle (25th–50th 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 +38.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,255,831 by 2030, with an estimated annual tax burden around $42,395. 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 | 6,216 SF | ✓ |
Market value changed by 200% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $15,204.12 | $15,204.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,367.50 | $7,367.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,284.25 | $5,284.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,659.36 | $1,659.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,453.77 | $1,453.77 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $30,969.00 | $30,969.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,614,611 | $1,405,966 | +14.8% |
| Assessed Value | $1,614,611 | $1,405,966 | +14.8% |
| Land Value | $568,458 | $568,458 | +0.0% |
| Improvement Value | $1,046,153 | $837,508 | +24.9% |
| Taxable Value | $1,614,611 | $1,405,966 | +14.8% |
| Total Tax 2026 = estimate |
~$35,565
Estimated
|
~$30,969
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,614,611 | $1,614,611 | +0 (+0.0%) |
| Taxable Value | $1,614,611 | $1,614,611 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,614,611 | $568,458 | $1,046,153 | — | $1,614,611 | $1,614,611 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,405,966 | $568,458 | $837,508 | — | $1,405,966 | $1,405,966 | ~$30,969 | Partial |
| 2024 | $1,012,587 | — | — | −$444,129 | $568,458 | $— | $29,443 | Verified |
| 2023 | $— | — | — | — | $568,458 | $— | $18,125 | Verified |
| 2022 | $— | — | — | — | $113,692 | $— | $2,649 | Verified |
| 2021 | $— | — | — | — | $37,897 | $— | $935 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.8% | +14.8% | ~100% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | +37.6% | +37.6% | ~100% | 2.1100% | Verified |
| 2023 | +790.6% ! | +790.6% | ~100% | 1.7900% | Verified |
| 2022 | +200.0% ! | +200.0% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3610.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.8% | +26.8% | +35.3% | +38.8% | 2025 | +14.8% | 2026 |
| Assessment Ratio | 100.0% | 85.4% | — | 100.0% | 2025 | 56.1% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,969 | $30,206 | ~$37,615 | $30,969 | 2025 | $29,443 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,952,168 | ~$1,546,563 | ~2.1366% | ~$33,044 | +38.8% |
| 2027 | ~$2,710,565 | ~$1,701,219 | ~2.0705% | ~$35,224 | +92.8% |
| 2028 | ~$3,763,589 | ~$1,871,341 | ~2.0045% | ~$37,510 | +167.7% |
| 2029 | ~$5,225,703 | ~$2,058,475 | ~1.9384% | ~$39,901 | +271.7% |
| 2030 | ~$7,255,831 | ~$2,264,322 | ~1.8723% | ~$42,395 | +416.1% |
| 2026 | ~$1,924,049 | ~$1,546,563 | ~2.2027% | ~$34,066 | +36.8% |
| 2027 | ~$2,633,040 | ~$1,701,219 | ~2.2027% | ~$37,472 | +87.3% |
| 2028 | ~$3,603,287 | ~$1,871,341 | ~2.2027% | ~$41,220 | +156.3% |
| 2029 | ~$4,931,059 | ~$2,058,475 | ~2.2027% | ~$45,342 | +250.7% |
| 2030 | ~$6,748,100 | ~$2,264,322 | ~2.2027% | ~$49,876 | +380.0% |
| 2026 | ~$1,980,288 | ~$1,546,563 | ~2.1036% | ~$32,533 | +40.8% |
| 2027 | ~$2,789,214 | ~$1,701,219 | ~2.0045% | ~$34,100 | +98.4% |
| 2028 | ~$3,928,577 | ~$1,871,341 | ~1.9054% | ~$35,656 | +179.4% |
| 2029 | ~$5,533,358 | ~$2,058,475 | ~1.8062% | ~$37,181 | +293.6% |
| 2030 | ~$7,793,674 | ~$2,264,322 | ~1.7071% | ~$38,655 | +454.3% |
In 2025, this property's market value of $1,405,966 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -1% 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 | $1,405,966 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,012,587 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.