1605 E PARMER LN TX 78753
| Owner | MGCC TEXAS ENTERPRISES LLC |
|---|---|
| Parcel ID | 0252300805 |
| Short ID | 874249 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,566 SF |
| Land SF | 61,942 SF |
| Acres | 1.422 |
| Year Built | 2007 |
| Legal | LOT 1A BLK A PARMER AT DESSAU SUBD SEC II RESUB LT 1 BLK A |
| Neighborhood | 33NOR |
| Land | $619,423 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $619,423 |
| Improvement | $244,090 |
|---|---|
| Total Improvement | $244,090 |
| Market | $863,513 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $863,513 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $863,513 |
| Taxable Value | $863,513 |
|---|
Appreciation: Market value has fallen -48.4% from $1,671,945 (2021) to $863,513 (2025), a CAGR of -15.2% 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 $19,241. 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 72% of market value ($619,423 land vs $244,090 improvements), about $10/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 $863,513, 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 -15.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $378,075 by 2030, with an estimated annual tax burden around $7,126. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 32,900 SF | ✗ |
| 501 | CANOPY | 4,568 SF | ✗ |
| 611 | TERRACE | 1,708 SF | ✗ |
| 1ST | 1st Floor | 1,566 SF | ✓ |
| 437 | FENCE MASON LF | 40 SF | ✗ |
| 541 | FENCE COMM LF | 20 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $9,558.23 | $9,558.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,524.95 | $4,524.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,245.47 | $3,245.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,019.14 | $1,019.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $892.87 | $892.87 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $19,240.66 | $19,240.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $863,513 | $863,513 | +0.0% |
| Assessed Value | $863,513 | $863,513 | +0.0% |
| Land Value | $619,423 | $619,423 | +0.0% |
| Improvement Value | $244,090 | $244,090 | +0.0% |
| Taxable Value | $863,513 | $863,513 | +0.0% |
| Total Tax 2026 = estimate |
~$19,241
Estimated
|
~$19,241
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $863,513 | $863,513 | +0 (+0.0%) |
| Taxable Value | $863,513 | $863,513 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $863,513 | $619,423 | $244,090 | — | $863,513 | $863,513 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $863,513 | $619,423 | $244,090 | — | $863,513 | $863,513 | ~$19,241 | Partial |
| 2024 | $849,581 | — | — | −$230,158 | $619,423 | $— | $18,711 | Verified |
| 2023 | $783,296 | — | — | −$163,873 | $619,423 | $— | $17,492 | Verified |
| 2022 | $1,086,976 | — | — | −$467,553 | $619,423 | $— | $17,569 | Verified |
| 2021 | $1,671,945 | — | — | −$1,052,522 | $619,423 | $— | $27,039 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | 2.1400% | Verified |
| 2023 | +8.5% | +8.5% | ~100% | 2.0600% | Verified |
| 2022 | -27.9% | -27.9% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 1.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -10.6% | -15.2% | +8.5% | 2024 | -35.0% | 2022 |
| Assessment Ratio | 100.0% | 74.3% | — | 100.0% | 2025 | 37.0% | 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 |
$19,241 | $20,010 | ~$11,052 | $27,039 | 2021 | $17,492 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$732,033 | ~$732,033 | ~2.1595% | ~$15,808 | -15.2% |
| 2027 | ~$620,572 | ~$620,572 | ~2.0908% | ~$12,975 | -28.1% |
| 2028 | ~$526,083 | ~$526,083 | ~2.0221% | ~$10,638 | -39.1% |
| 2029 | ~$445,980 | ~$445,980 | ~1.9534% | ~$8,712 | -48.4% |
| 2030 | ~$378,075 | ~$378,075 | ~1.8847% | ~$7,126 | -56.2% |
| 2026 | ~$820,337 | ~$820,337 | ~2.2282% | ~$18,279 | -5.0% |
| 2027 | ~$779,320 | ~$779,320 | ~2.2282% | ~$17,365 | -9.8% |
| 2028 | ~$740,354 | ~$740,354 | ~2.2282% | ~$16,496 | -14.3% |
| 2029 | ~$703,337 | ~$703,337 | ~2.2282% | ~$15,672 | -18.5% |
| 2030 | ~$668,170 | ~$668,170 | ~2.2282% | ~$14,888 | -22.6% |
| 2026 | ~$749,303 | ~$749,303 | ~2.1251% | ~$15,924 | -13.2% |
| 2027 | ~$650,199 | ~$650,199 | ~2.0221% | ~$13,148 | -24.7% |
| 2028 | ~$564,202 | ~$564,202 | ~1.9190% | ~$10,827 | -34.7% |
| 2029 | ~$489,580 | ~$489,580 | ~1.8160% | ~$8,891 | -43.3% |
| 2030 | ~$424,827 | ~$424,827 | ~1.7129% | ~$7,277 | -50.8% |
In 2025, this property's market value of $863,513 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -39% 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 | $863,513 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $849,581 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $783,296 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,086,976 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,671,945 | $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.