PARMER LN 78754
| Owner | RH RA-7 COMMERCIAL QOZB LLC |
|---|---|
| Parcel ID | 0247380318 |
| Short ID | 984519 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 21,450 SF |
| Land SF | 160,301 SF |
| Acres | 3.680 |
| Year Built | 2024 |
| Legal | EASTVILLAGE TOWNCENTER AMD LOT 8 & 9 BLK C BLK C LOT 9 |
| Neighborhood | NE2 |
| Land | $1,923,610 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,923,610 |
| Improvement | $3,774,943 |
|---|---|
| Total Improvement | $3,774,943 |
| Market | $5,698,553 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,698,553 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,698,553 |
| Taxable Value | $5,698,553 |
|---|
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 $125,521. 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 34% of market value ($1,923,610 land vs $3,774,943 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,698,553, this parcel sits in the top quartile (≥75th 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.
No delinquent taxes on record.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 111,612 SF | ✗ |
| 1ST | 1st Floor | 21,450 SF | ✓ |
Market value changed by 524% in 2025, 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% | $61,624.15 | $61,624.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,861.39 | $29,861.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,417.73 | $21,417.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,725.60 | $6,725.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,892.30 | $5,892.30 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $125,521.17 | $125,521.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,518,951 | $5,698,553 | -3.2% |
| Assessed Value | $5,518,951 | $5,698,553 | -3.2% |
| Land Value | $1,923,610 | $1,923,610 | +0.0% |
| Improvement Value | $3,595,341 | $3,774,943 | -4.8% |
| Taxable Value | $5,518,951 | $5,698,553 | -3.2% |
| Total Tax 2026 = estimate |
~$121,565
Estimated
|
~$125,521
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,171,231 | $5,518,951 | -3,652,280 (-39.8%) |
| Taxable Value | $9,171,231 | $5,518,951 | -3,652,280 (-39.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,518,951 | $1,923,610 | $3,595,341 | — | $5,518,951 | $5,518,951 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,698,553 | $1,923,610 | $3,774,943 | — | $5,698,553 | $5,698,553 | ~$125,521 | Partial |
| 2024 | $— | — | — | — | $913,018 | $— | $19,289 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +60.9% | +60.9% | ~100% | Not available | Partial |
| 2025 | +524.1% ! | +524.1% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +524.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.2% | -3.2% | — | -3.2% | 2026 | -3.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$125,521 | $125,521 | — | $125,521 | 2025 | $125,521 | 2025 |
In 2025, this property's market value of $5,698,553 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,698,553 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
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.