1900 E PARMER LN TX 78753
| Owner | FAIRFIELD PARMER LP |
|---|---|
| Parcel ID | 0251310206 |
| Short ID | 258663 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 400,630 SF |
| Land SF | 666,337 SF |
| Acres | 15.297 |
| Year Built | 2022 |
| Legal | ABS 164 SUR 70 CUSHING S ACR 6.2370 |
| Neighborhood | 1NE2 |
| Land | $7,996,048 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,996,048 |
| Improvement | $57,493,952 |
|---|---|
| Total Improvement | $57,493,952 |
| Market | $65,490,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,490,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,490,000 |
| Taxable Value | $65,490,000 |
|---|
Appreciation: Market value has risen +5665.4% from $1,135,908 (2021) to $65,490,000 (2025), a CAGR of 175.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7240% in 2025 (+0.0338% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,129,069. Pflugerville ISD is the largest single contributor, at 64.2% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($42,910,600, ~65.5% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Multi-family residential. 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 ($7,996,048 land vs $57,493,952 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,490,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +175.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,404,345,864 by 2030, with an estimated annual tax burden around $1,464,853. 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 | 400,630 SF | ✓ |
Market value changed by 743% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $697,347.00 | $697,347.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $236,782.35 | $236,782.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $74,354.49 | $74,354.49 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $58,441.95 | $58,441.95 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $19,215.00 | $19,215.00 | Paid |
| Combined Rate | 1.9922% | 1.7860% | 1.6148% | 1.6902% | 1.7240% | +0.0338% | $1,086,140.79 | $1,086,140.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $63,750,000 | $65,490,000 | -2.7% |
| Assessed Value | $63,750,000 | $65,490,000 | -2.7% |
| Land Value | $7,996,048 | $7,996,048 | +0.0% |
| Improvement Value | $55,753,952 | $57,493,952 | -3.0% |
| Taxable Value | $63,750,000 | $65,490,000 | -2.7% |
| HS Cap Loss | — | -$42,910,600 (2024) | |
| Total Tax 2026 = estimate |
~$1,099,071
Estimated
|
~$1,086,141
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $66,716,064 | $63,750,000 | -2,966,064 (-4.4%) |
| Taxable Value | $66,716,064 | $63,750,000 | -2,966,064 (-4.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $63,750,000 | $7,996,048 | $55,753,952 | — | $63,750,000 | $63,750,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,490,000 | $7,996,048 | $57,493,952 | — | $65,490,000 | $65,490,000 | ~$1,086,141 | Partial |
| 2024 | $37,000,000 | — | — | −$29,003,952 | $7,996,048 | $— | $860,431 | Verified |
| 2023 | $9,571,191 | — | — | −$2,774,550 | $6,796,641 | $— | $597,893 | Verified |
| 2022 | $1,135,908 | — | — | — | — | $— | $170,944 | Verified |
| 2021 | $1,135,908 | — | — | −$49,173 | $1,086,735 | $— | $22,629 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.9% | +1.9% | ~100% | Not available | Partial |
| 2025 | +28.6% | +28.6% | ~100% | Not available | Partial |
| 2024 | +11.3% | +11.3% | ~100% | 1.6900% | Verified |
| 2023 | +378.0% ! | +378.0% | ~100% | 1.3100% | Verified |
| 2022 | +742.6% ! | +742.6% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5665.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +220.7% | +177.1% | +742.6% | 2023 | -2.7% | 2026 |
| Assessment Ratio | 100.0% | 77.7% | — | 100.0% | 2025 | 21.6% | 2024 |
| Effective Tax Rate (2025) | 1.6600% | 1.6600% | — | 1.6600% | 2025 | 1.6600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,086,141 | $547,608 | ~$1,328,384 | $1,086,141 | 2025 | $22,629 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$180,460,829 | ~$72,039,000 | ~1.6570% | ~$1,193,684 | +175.6% |
| 2027 | ~$497,268,451 | ~$79,242,900 | ~1.5900% | ~$1,259,930 | +659.3% |
| 2028 | ~$1,370,247,015 | ~$87,167,190 | ~1.5229% | ~$1,327,490 | +1992.3% |
| 2029 | ~$3,775,781,225 | ~$95,883,909 | ~1.4559% | ~$1,395,961 | +5665.4% |
| 2030 | ~$10,404,345,864 | ~$105,472,300 | ~1.3888% | ~$1,464,853 | +15786.9% |
| 2026 | ~$179,151,029 | ~$72,039,000 | ~1.7240% | ~$1,241,976 | +173.6% |
| 2027 | ~$490,076,214 | ~$79,242,900 | ~1.7240% | ~$1,366,174 | +648.3% |
| 2028 | ~$1,340,626,937 | ~$87,167,190 | ~1.7240% | ~$1,502,791 | +1947.1% |
| 2029 | ~$3,667,349,144 | ~$95,883,909 | ~1.7240% | ~$1,653,070 | +5499.9% |
| 2030 | ~$10,032,209,092 | ~$105,472,300 | ~1.7240% | ~$1,818,377 | +15218.7% |
| 2026 | ~$181,770,629 | ~$72,039,000 | ~1.6235% | ~$1,169,537 | +177.6% |
| 2027 | ~$504,513,080 | ~$79,242,900 | ~1.5229% | ~$1,206,809 | +670.4% |
| 2028 | ~$1,400,300,199 | ~$87,167,190 | ~1.4224% | ~$1,239,839 | +2038.2% |
| 2029 | ~$3,886,600,216 | ~$95,883,909 | ~1.3218% | ~$1,267,407 | +5834.6% |
| 2030 | ~$10,787,444,901 | ~$105,472,300 | ~1.2213% | ~$1,288,090 | +16371.9% |
In 2025, this property's market value of $65,490,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $65,490,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $37,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $9,571,191 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,135,908 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,135,908 | $300,453 | $376,850 | $539,896 | ↑ Top 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.