1200 E PARMER LN TX 78753
| Owner | WMCI AUSTIN III LLC |
|---|---|
| Parcel ID | 0254300717 |
| Short ID | 819017 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 330,601 SF |
| Land SF | 717,869 SF |
| Acres | 16.480 |
| Year Built | 2013 |
| Legal | 16.48AC OF LOT 1 BLK A SPRINGS AT TECH RIDGE SUBD |
| Neighborhood | 08NE1 |
| Land | $9,332,294 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,332,294 |
| Improvement | $56,357,706 |
|---|---|
| Total Improvement | $56,357,706 |
| Market | $65,690,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,690,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,690,000 |
| Taxable Value | $65,690,000 |
|---|
Appreciation: Market value has risen +32.7% from $49,500,000 (2021) to $65,690,000 (2025), a CAGR of 7.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $1,463,695. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
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 14% of market value ($9,332,294 land vs $56,357,706 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,690,000, 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 +7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $93,565,737 by 2030, with an estimated annual tax burden around $1,763,426. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 348,075 SF | ✗ |
| 551 | PAVED AREA | 200,000 SF | ✗ |
| 1ST | 1st Floor | 112,018 SF | ✓ |
| 3RD | 3rd Floor | 112,018 SF | ✓ |
| 2ND | 2nd Floor | 106,565 SF | ✓ |
| MISC | Miscellaneous | 3,891 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 240 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 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% | $727,122.61 | $727,122.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $344,226.77 | $344,226.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,892.58 | $246,892.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,529.31 | $77,529.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,923.46 | $67,923.46 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,463,694.73 | $1,463,694.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $56,380,000 | $65,690,000 | -14.2% |
| Assessed Value | $56,380,000 | $65,690,000 | -14.2% |
| Land Value | $9,332,294 | $9,332,294 | +0.0% |
| Improvement Value | $47,047,706 | $56,357,706 | -16.5% |
| Taxable Value | $56,380,000 | $65,690,000 | -14.2% |
| Total Tax 2026 = estimate |
~$1,256,251
Estimated
|
~$1,463,695
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $56,380,000 | $56,380,000 | +0 (+0.0%) |
| Taxable Value | $56,380,000 | $56,380,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $56,380,000 | $9,332,294 | $47,047,706 | — | $56,380,000 | $56,380,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,690,000 | $9,332,294 | $56,357,706 | — | $65,690,000 | $65,690,000 | ~$1,463,695 | Partial |
| 2024 | $78,650,000 | — | — | −$69,317,706 | $9,332,294 | $— | $1,546,356 | Verified |
| 2023 | $69,600,000 | — | — | −$63,857,050 | $5,742,950 | $— | $1,619,362 | Verified |
| 2022 | $52,130,000 | — | — | −$46,387,050 | $5,742,950 | $— | $1,483,882 | Verified |
| 2021 | $49,500,000 | — | — | −$43,757,050 | $5,742,950 | $— | $1,251,324 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.2% | -14.2% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | -8.0% | -8.0% | ~100% | 2.1400% | Verified |
| 2023 | +13.0% | +13.0% | ~100% | 2.0600% | Verified |
| 2022 | +33.5% | +33.5% | ~100% | 2.1300% | Verified |
| 2021 | base year | — | ~100% | 2.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.2% | +4.2% | +10.9% | +33.5% | 2023 | -16.5% | 2025 |
| Assessment Ratio | 100.0% | 40.5% | — | 100.0% | 2025 | 8.3% | 2023 |
| 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 |
$1,463,695 | $1,472,924 | ~$1,642,681 | $1,619,362 | 2023 | $1,251,324 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$70,505,464 | ~$70,505,464 | ~2.1595% | ~$1,522,556 | +7.3% |
| 2027 | ~$75,673,931 | ~$75,673,931 | ~2.0908% | ~$1,582,181 | +15.2% |
| 2028 | ~$81,221,276 | ~$81,221,276 | ~2.0221% | ~$1,642,367 | +23.6% |
| 2029 | ~$87,175,275 | ~$87,175,275 | ~1.9534% | ~$1,702,874 | +32.7% |
| 2030 | ~$93,565,737 | ~$93,565,737 | ~1.8847% | ~$1,763,426 | +42.4% |
| 2026 | ~$69,191,664 | ~$69,191,664 | ~2.2282% | ~$1,541,718 | +5.3% |
| 2027 | ~$72,879,988 | ~$72,879,988 | ~2.2282% | ~$1,623,901 | +10.9% |
| 2028 | ~$76,764,921 | ~$76,764,921 | ~2.2282% | ~$1,710,464 | +16.9% |
| 2029 | ~$80,856,944 | ~$80,856,944 | ~2.2282% | ~$1,801,642 | +23.1% |
| 2030 | ~$85,167,096 | ~$85,167,096 | ~2.2282% | ~$1,897,680 | +29.7% |
| 2026 | ~$71,819,264 | ~$71,819,264 | ~2.1251% | ~$1,526,258 | +9.3% |
| 2027 | ~$78,520,425 | ~$78,520,425 | ~2.0221% | ~$1,587,753 | +19.5% |
| 2028 | ~$85,846,844 | ~$85,846,844 | ~1.9190% | ~$1,647,437 | +30.7% |
| 2029 | ~$93,856,861 | ~$93,856,861 | ~1.8160% | ~$1,704,435 | +42.9% |
| 2030 | ~$102,614,260 | ~$102,614,260 | ~1.7129% | ~$1,757,727 | +56.2% |
In 2025, this property's market value of $65,690,000 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 | $65,690,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $78,650,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $69,600,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $52,130,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $49,500,000 | $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.