3121 PALM WAY 200 TX 78758
| Owner | DOMAIN RETAIL PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0256081403 |
| Short ID | 853910 |
| Type | Real |
| Use Code | 40 Regional Shopping Center |
| Valuation | Income |
| Improvement SF | 33,375 SF |
| Land SF | 48,373 SF |
| Acres | 1.110 |
| Year Built | 2016 |
| Legal | UNT 200 DOMAIN ARCHER CONDOMINIUMS THE PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 40NOR |
| Land | $967,468 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $967,468 |
| Improvement | $22,210,673 |
|---|---|
| Total Improvement | $22,210,673 |
| Market | $23,178,141 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $23,178,141 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $23,178,141 |
| Taxable Value | $23,178,141 |
|---|
Appreciation: Market value has fallen -11.5% from $26,180,320 (2021) to $23,178,141 (2025), a CAGR of -3.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $474,337. Austin ISD is the largest single contributor, at 45.2% 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 4% of market value ($967,468 land vs $22,210,673 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $23,178,141, 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 -3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,904,816 by 2030, with an estimated annual tax burden around $374,955. 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 | 33,375 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $214,444.16 | $214,444.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $121,457.40 | $121,457.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $87,113.88 | $87,113.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $27,355.54 | $27,355.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $23,966.20 | $23,966.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $474,337.18 | $474,337.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,556,026 | $23,178,141 | +1.6% |
| Assessed Value | $23,556,026 | $23,178,141 | +1.6% |
| Land Value | $967,468 | $967,468 | +0.0% |
| Improvement Value | $22,588,558 | $22,210,673 | +1.7% |
| Taxable Value | $23,556,026 | $23,178,141 | +1.6% |
| Total Tax 2026 = estimate |
~$482,071
Estimated
|
~$474,337
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,556,026 | $23,556,026 | +0 (+0.0%) |
| Taxable Value | $23,556,026 | $23,556,026 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $23,556,026 | $967,468 | $22,588,558 | — | $23,556,026 | $23,556,026 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $23,178,141 | $967,468 | $22,210,673 | — | $23,178,141 | $23,178,141 | ~$474,337 | Partial |
| 2024 | $26,033,000 | — | — | −$25,065,532 | $967,468 | $— | $468,121 | Verified |
| 2023 | $23,468,174 | — | — | −$22,500,706 | $967,468 | $— | $431,460 | Verified |
| 2022 | $23,420,152 | — | — | −$22,452,684 | $967,468 | $— | $465,198 | Verified |
| 2021 | $26,180,320 | — | — | −$25,212,852 | $967,468 | $— | $498,684 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | -9.3% | -9.3% | ~100% | 1.9800% | Verified |
| 2023 | +3.3% | +3.3% | ~100% | 1.6600% | Verified |
| 2022 | +7.6% | +7.6% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 1.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | -1.8% | -3.3% | +10.9% | 2024 | -11.0% | 2025 |
| Assessment Ratio | 100.0% | 35.9% | — | 100.0% | 2025 | 3.7% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$474,337 | $467,560 | ~$413,073 | $498,684 | 2021 | $431,460 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,483,013 | ~$22,483,013 | ~2.0139% | ~$452,794 | -3.0% |
| 2027 | ~$21,808,732 | ~$21,808,732 | ~1.9814% | ~$432,116 | -5.9% |
| 2028 | ~$21,154,674 | ~$21,154,674 | ~1.9488% | ~$412,271 | -8.7% |
| 2029 | ~$20,520,231 | ~$20,520,231 | ~1.9163% | ~$393,227 | -11.5% |
| 2030 | ~$19,904,816 | ~$19,904,816 | ~1.8837% | ~$374,955 | -14.1% |
| 2026 | ~$22,019,450 | ~$22,019,450 | ~2.0465% | ~$450,625 | -5.0% |
| 2027 | ~$20,918,683 | ~$20,918,683 | ~2.0465% | ~$428,098 | -9.7% |
| 2028 | ~$19,872,944 | ~$19,872,944 | ~2.0465% | ~$406,697 | -14.3% |
| 2029 | ~$18,879,483 | ~$18,879,483 | ~2.0465% | ~$386,366 | -18.5% |
| 2030 | ~$17,935,685 | ~$17,935,685 | ~2.0465% | ~$367,051 | -22.6% |
| 2026 | ~$22,946,576 | ~$22,946,576 | ~1.9977% | ~$458,395 | -1.0% |
| 2027 | ~$22,717,324 | ~$22,717,324 | ~1.9488% | ~$442,724 | -2.0% |
| 2028 | ~$22,490,363 | ~$22,490,363 | ~1.9000% | ~$427,321 | -3.0% |
| 2029 | ~$22,265,669 | ~$22,265,669 | ~1.8512% | ~$412,181 | -3.9% |
| 2030 | ~$22,043,220 | ~$22,043,220 | ~1.8024% | ~$397,301 | -4.9% |
In 2025, this property's market value of $23,178,141 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 16× 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 | $23,178,141 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $26,033,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $23,468,174 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $23,420,152 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $26,180,320 | $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.