1815 E PARMER LN TX 78753
| Owner | ROSS BYPASS TRUST |
|---|---|
| Parcel ID | 0250330101 |
| Short ID | 568904 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 871 SF |
| Land SF | 58,327 SF |
| Acres | 1.339 |
| Year Built | 2022 |
| Legal | LOT 5 BLK A PARMER PARK SUBD AMD PLAT LTS 1-14 BLK A RESUB OF LT 1 BLK A |
| Neighborhood | 1NE1 |
| Land | $874,903 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $874,903 |
| Improvement | $58,158 |
|---|---|
| Total Improvement | $58,158 |
| Market | $933,061 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $933,061 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $933,061 |
| Taxable Value | $933,061 |
|---|
Appreciation: Market value has risen +60.0% from $583,268 (2021) to $933,061 (2025), a CAGR of 12.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $20,552. 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 94% of market value ($874,903 land vs $58,158 improvements), about $15/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $933,061, 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 -0.7% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $899,471 by 2030, with an estimated annual tax burden around $16,841. 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 | 871 SF | ✓ |
Market value changed by 99% in 2023, 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% | $10,090.12 | $10,090.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,889.40 | $4,889.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,506.86 | $3,506.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,101.23 | $1,101.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $964.79 | $964.79 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $20,552.40 | $20,552.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $970,542 | $933,061 | +4.0% |
| Assessed Value | $970,542 | $933,061 | +4.0% |
| Land Value | $874,903 | $874,903 | +0.0% |
| Improvement Value | $95,639 | $58,158 | +64.4% |
| Taxable Value | $970,542 | $933,061 | +4.0% |
| Total Tax 2026 = estimate |
~$21,378
Estimated
|
~$20,552
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $970,542 | $970,542 | +0 (+0.0%) |
| Taxable Value | $970,542 | $970,542 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $970,542 | $874,903 | $95,639 | — | $970,542 | $970,542 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $933,061 | $874,903 | $58,158 | — | $933,061 | $933,061 | ~$20,552 | Partial |
| 2024 | $939,928 | — | — | −$65,025 | $874,903 | $— | $19,783 | Verified |
| 2023 | $— | — | — | — | $874,903 | $— | $19,136 | Verified |
| 2022 | $— | — | — | — | $583,268 | $— | $13,592 | Verified |
| 2021 | $583,268 | — | — | — | $583,268 | $— | $14,389 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2024 | -19.2% | -19.2% | ~100% | 2.1100% | Verified |
| 2023 | +98.6% ! | +98.6% | ~100% | 1.6500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.0% | +21.5% | -1.5% | +61.1% | 2024 | -0.7% | 2025 |
| Assessment Ratio | 100.0% | 98.3% | — | 100.0% | 2021 | 93.1% | 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 |
$20,552 | $18,241 | ~$18,306 | $20,552 | 2025 | $14,389 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$926,244 | ~$926,244 | ~2.1366% | ~$19,790 | -0.7% |
| 2027 | ~$919,477 | ~$919,477 | ~2.0705% | ~$19,038 | -1.5% |
| 2028 | ~$912,760 | ~$912,760 | ~2.0045% | ~$18,296 | -2.2% |
| 2029 | ~$906,091 | ~$906,091 | ~1.9384% | ~$17,564 | -2.9% |
| 2030 | ~$899,471 | ~$899,471 | ~1.8723% | ~$16,841 | -3.6% |
| 2026 | ~$907,583 | ~$907,583 | ~2.2027% | ~$19,991 | -2.7% |
| 2027 | ~$882,801 | ~$882,801 | ~2.2027% | ~$19,445 | -5.4% |
| 2028 | ~$858,695 | ~$858,695 | ~2.2027% | ~$18,914 | -8.0% |
| 2029 | ~$835,248 | ~$835,248 | ~2.2027% | ~$18,398 | -10.5% |
| 2030 | ~$812,440 | ~$812,440 | ~2.2027% | ~$17,895 | -12.9% |
| 2026 | ~$944,905 | ~$944,905 | ~2.1036% | ~$19,877 | +1.3% |
| 2027 | ~$956,900 | ~$956,900 | ~2.0045% | ~$19,181 | +2.6% |
| 2028 | ~$969,047 | ~$969,047 | ~1.9054% | ~$18,464 | +3.9% |
| 2029 | ~$981,348 | ~$981,348 | ~1.8062% | ~$17,726 | +5.2% |
| 2030 | ~$993,806 | ~$993,806 | ~1.7071% | ~$16,966 | +6.5% |
In 2025, this property's market value of $933,061 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -34% 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 | $933,061 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $939,928 | $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 | $583,268 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.