1606 PARMER LN TX 78753
| Owner | PT PARMER SHOPPING CENTER LLC |
|---|---|
| Parcel ID | 0252300708 |
| Short ID | 797429 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 10,200 SF |
| Land SF | 43,952 SF |
| Acres | 1.009 |
| Year Built | 2017 |
| Legal | LOT 6 PARMER PLACE SUBD |
| Neighborhood | 30PFL/FNE |
| Land | $659,281 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $659,281 |
| Improvement | $3,640,719 |
|---|---|
| Total Improvement | $3,640,719 |
| Market | $4,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,300,000 |
| Taxable Value | $4,300,000 |
|---|
Appreciation: Market value has fallen -6.3% from $4,590,000 (2021) to $4,300,000 (2025), a CAGR of -1.6% 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 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $95,812. Pflugerville ISD is the largest single contributor, at 49.7% 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 15% of market value ($659,281 land vs $3,640,719 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,300,000, 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.
Forward Outlook: Holding the -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,963,129 by 2030, with an estimated annual tax burden around $74,693. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,000 SF | ✗ |
| 1ST | 1st Floor | 10,200 SF | ✓ |
| 501 | CANOPY | 728 SF | ✗ |
| 611 | TERRACE | 728 SF | ✗ |
| 482 | LIGHT POLES | 5 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $47,596.70 | $47,596.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,532.73 | $22,532.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,161.34 | $16,161.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,074.99 | $5,074.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,446.20 | $4,446.20 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $95,811.96 | $95,811.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,203,216 | $4,300,000 | -2.3% |
| Assessed Value | $4,203,216 | $4,300,000 | -2.3% |
| Land Value | $659,281 | $659,281 | +0.0% |
| Improvement Value | $3,543,935 | $3,640,719 | -2.7% |
| Taxable Value | $4,203,216 | $4,300,000 | -2.3% |
| Total Tax 2026 = estimate |
~$93,655
Estimated
|
~$95,812
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,385,936 | $4,203,216 | -182,720 (-4.2%) |
| Taxable Value | $4,385,936 | $4,203,216 | -182,720 (-4.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,203,216 | $659,281 | $3,543,935 | — | $4,203,216 | $4,203,216 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,300,000 | $659,281 | $3,640,719 | — | $4,300,000 | $4,300,000 | ~$95,812 | Partial |
| 2024 | $3,825,000 | — | — | −$3,165,719 | $659,281 | $— | $87,667 | Verified |
| 2023 | $4,090,716 | — | — | −$3,431,435 | $659,281 | $— | $78,755 | Verified |
| 2022 | $4,009,376 | — | — | −$3,350,095 | $659,281 | $— | $91,752 | Verified |
| 2021 | $4,590,000 | — | — | −$3,930,719 | $659,281 | $— | $100,354 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2024 | +7.2% | +7.2% | ~100% | 2.1400% | Verified |
| 2023 | -6.5% | -6.5% | ~100% | 2.0600% | Verified |
| 2022 | +2.0% | +2.0% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | -1.4% | -1.2% | +12.4% | 2025 | -12.6% | 2022 |
| Assessment Ratio | 100.0% | 44.0% | — | 100.0% | 2025 | 14.4% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$95,812 | $90,868 | ~$82,910 | $100,354 | 2021 | $78,755 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,230,409 | ~$4,230,409 | ~2.1595% | ~$91,355 | -1.6% |
| 2027 | ~$4,161,945 | ~$4,161,945 | ~2.0908% | ~$87,017 | -3.2% |
| 2028 | ~$4,094,589 | ~$4,094,589 | ~2.0221% | ~$82,796 | -4.8% |
| 2029 | ~$4,028,322 | ~$4,028,322 | ~1.9534% | ~$78,689 | -6.3% |
| 2030 | ~$3,963,129 | ~$3,963,129 | ~1.8847% | ~$74,693 | -7.8% |
| 2026 | ~$4,144,409 | ~$4,144,409 | ~2.2282% | ~$92,345 | -3.6% |
| 2027 | ~$3,994,449 | ~$3,994,449 | ~2.2282% | ~$89,004 | -7.1% |
| 2028 | ~$3,849,914 | ~$3,849,914 | ~2.2282% | ~$85,783 | -10.5% |
| 2029 | ~$3,710,609 | ~$3,710,609 | ~2.2282% | ~$82,679 | -13.7% |
| 2030 | ~$3,576,345 | ~$3,576,345 | ~2.2282% | ~$79,688 | -16.8% |
| 2026 | ~$4,316,409 | ~$4,316,409 | ~2.1251% | ~$91,730 | +0.4% |
| 2027 | ~$4,332,881 | ~$4,332,881 | ~2.0221% | ~$87,615 | +0.8% |
| 2028 | ~$4,349,416 | ~$4,349,416 | ~1.9190% | ~$83,467 | +1.1% |
| 2029 | ~$4,366,014 | ~$4,366,014 | ~1.8160% | ~$79,287 | +1.5% |
| 2030 | ~$4,382,676 | ~$4,382,676 | ~1.7129% | ~$75,073 | +1.9% |
In 2025, this property's market value of $4,300,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,825,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,090,716 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,009,376 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,590,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.