1625 PARMER LN TX 78753
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0252300802 |
| Short ID | 503421 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,549 SF |
| Land SF | 50,006 SF |
| Acres | 1.148 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A D & J SUBD |
| Neighborhood | 48NEA |
| Land | $1,000,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,000,120 |
| Improvement | $644,904 |
|---|---|
| Total Improvement | $644,904 |
| Market | $1,645,024 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,645,024 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,645,024 |
| Taxable Value | $1,645,024 |
|---|
Appreciation: Market value has risen +4.2% from $1,579,000 (2021) to $1,645,024 (2025), a CAGR of 1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→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 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 $36,654. 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 61% of market value ($1,000,120 land vs $644,904 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,645,024, this parcel sits in the upper-middle (50th–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 +1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,731,450 by 2030, with an estimated annual tax burden around $32,633. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 35,000 SF | ✗ |
| 1ST | 1st Floor | 3,549 SF | ✓ |
| 501 | CANOPY | 3,186 SF | ✗ |
| 403 | CARWASH DRIVE-THRU | 819 SF | ✓ |
| 611 | TERRACE | 106 SF | ✗ |
| 482 | LIGHT POLES | 8 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% | $18,208.77 | $18,208.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,620.21 | $8,620.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,182.74 | $6,182.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,941.51 | $1,941.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,700.95 | $1,700.95 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $36,654.18 | $36,654.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,659,702 | $1,645,024 | +0.9% |
| Assessed Value | $1,659,702 | $1,645,024 | +0.9% |
| Land Value | $1,000,120 | $1,000,120 | +0.0% |
| Improvement Value | $659,582 | $644,904 | +2.3% |
| Taxable Value | $1,659,702 | $1,645,024 | +0.9% |
| Total Tax 2026 = estimate |
~$36,981
Estimated
|
~$36,654
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,659,702 | $1,659,702 | +0 (+0.0%) |
| Taxable Value | $1,659,702 | $1,659,702 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,659,702 | $1,000,120 | $659,582 | — | $1,659,702 | $1,659,702 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,645,024 | $1,000,120 | $644,904 | — | $1,645,024 | $1,645,024 | ~$36,654 | Partial |
| 2024 | $1,700,000 | — | — | −$699,880 | $1,000,120 | $— | $35,388 | Verified |
| 2023 | $1,585,780 | — | — | −$585,660 | $1,000,120 | $— | $35,002 | Verified |
| 2022 | $1,585,780 | — | — | −$585,660 | $1,000,120 | $— | $35,568 | Verified |
| 2021 | $1,579,000 | — | — | −$578,880 | $1,000,120 | $— | $39,692 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2024 | -2.6% | -2.6% | ~100% | 2.1400% | Verified |
| 2023 | +7.2% | +7.2% | ~100% | 2.0600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.5100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +1.1% | +0.9% | +7.2% | 2024 | -3.2% | 2025 |
| Assessment Ratio | 100.0% | 74.7% | — | 100.0% | 2025 | 58.8% | 2024 |
| 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 |
$36,654 | $36,461 | ~$34,282 | $39,692 | 2021 | $35,002 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,661,957 | ~$1,661,957 | ~2.1595% | ~$35,890 | +1.0% |
| 2027 | ~$1,679,064 | ~$1,679,064 | ~2.0908% | ~$35,106 | +2.1% |
| 2028 | ~$1,696,347 | ~$1,696,347 | ~2.0221% | ~$34,302 | +3.1% |
| 2029 | ~$1,713,809 | ~$1,713,809 | ~1.9534% | ~$33,477 | +4.2% |
| 2030 | ~$1,731,450 | ~$1,731,450 | ~1.8847% | ~$32,633 | +5.3% |
| 2026 | ~$1,629,056 | ~$1,629,056 | ~2.2282% | ~$36,298 | -1.0% |
| 2027 | ~$1,613,244 | ~$1,613,244 | ~2.2282% | ~$35,946 | -1.9% |
| 2028 | ~$1,597,585 | ~$1,597,585 | ~2.2282% | ~$35,597 | -2.9% |
| 2029 | ~$1,582,078 | ~$1,582,078 | ~2.2282% | ~$35,252 | -3.8% |
| 2030 | ~$1,566,721 | ~$1,566,721 | ~2.2282% | ~$34,909 | -4.8% |
| 2026 | ~$1,694,857 | ~$1,694,857 | ~2.1251% | ~$36,018 | +3.0% |
| 2027 | ~$1,746,200 | ~$1,746,200 | ~2.0221% | ~$35,310 | +6.2% |
| 2028 | ~$1,799,099 | ~$1,799,099 | ~1.9190% | ~$34,525 | +9.4% |
| 2029 | ~$1,853,600 | ~$1,853,600 | ~1.8160% | ~$33,661 | +12.7% |
| 2030 | ~$1,909,752 | ~$1,909,752 | ~1.7129% | ~$32,713 | +16.1% |
In 2025, this property's market value of $1,645,024 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +16% above 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 | $1,645,024 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,585,780 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,585,780 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,579,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.