500 E CANYON RIDGE DR TX 78753
| Owner | PARMER TECH RIDGE LLC |
|---|---|
| Parcel ID | 0258230211 |
| Short ID | 569377 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 113,292 SF |
| Land SF | 973,566 SF |
| Acres | 22.350 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A LESS 18549SQFT TECH RIDGE CENTER PHS I SEC 3 |
| Neighborhood | 41NEA |
| Land | $14,029,021 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,029,021 |
| Improvement | $15,388,165 |
|---|---|
| Total Improvement | $15,388,165 |
| Market | $29,417,186 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,417,186 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,417,186 |
| Exemptions (−) | −$139,224 |
|---|---|
| Taxable Value | $29,277,962 |
Appreciation: Market value has fallen -10.6% from $32,916,000 (2021) to $29,417,186 (2025), a CAGR of -2.8% 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 $652,367. 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 48% of market value ($14,029,021 land vs $15,388,165 improvements), about $14/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $29,417,186, 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 -2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $25,561,934 by 2030, with an estimated annual tax burden around $481,764. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 469,000 SF | ✗ |
| SO | Sketch Only | 118,224 SF | ✗ |
| 1ST | 1st Floor | 113,292 SF | ✓ |
| 491 | SPRINKLER HEADS | 90,454 SF | ✗ |
| 501 | CANOPY | 19,158 SF | ✗ |
| 611 | TERRACE | 13,536 SF | ✗ |
| MEZZ | Mezzanine | 3,440 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 196 SF | ✓ |
| 273 | COLDSTG VAULT SM | 108 SF | ✓ |
| 482 | LIGHT POLES | 56 SF | ✓ |
| 437 | FENCE MASON LF | 39 SF | ✗ |
| MISC | Miscellaneous | 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% | $314,091.72 | $314,091.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $148,694.01 | $148,694.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $106,649.02 | $106,649.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $33,489.97 | $33,489.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $29,340.58 | $29,340.58 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $632,265.30 | $632,265.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,071,107 | $29,417,186 | +2.2% |
| Assessed Value | $30,071,107 | $29,417,186 | +2.2% |
| Land Value | $14,029,021 | $14,029,021 | +0.0% |
| Improvement Value | $16,042,086 | $15,388,165 | +4.2% |
| Taxable Value | $29,955,653 | $29,277,962 | +2.3% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$667,467
Estimated
|
~$632,265
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,071,107 | $30,071,107 | +0 (+0.0%) |
| Taxable Value | $29,955,653 | $29,955,653 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,071,107 | $14,029,021 | $16,042,086 | — | $30,071,107 | $29,955,653 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $29,417,186 | $14,029,021 | $15,388,165 | — | $29,417,186 | $29,277,962 | ~$632,265 | Partial |
| 2024 | $29,185,000 | — | — | — | — | $— | $601,463 | Verified |
| 2023 | $29,600,000 | — | — | −$16,973,882 | $12,626,118 | $— | $583,555 | Verified |
| 2022 | $28,580,000 | — | — | −$15,953,882 | $12,626,118 | $— | $663,905 | Verified |
| 2021 | $32,916,000 | — | — | −$22,394,234 | $10,521,766 | $— | $717,280 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.2% | +2.2% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | -0.4% | -0.4% | ~100% | 2.0700% | Verified |
| 2023 | -1.4% | -1.4% | ~100% | 2.0000% | Verified |
| 2022 | -2.7% | -2.7% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | -1.6% | -3.2% | +3.6% | 2023 | -13.2% | 2022 |
| Assessment Ratio | 100.0% | 63.8% | — | 100.0% | 2025 | 32.0% | 2021 |
| Effective Tax Rate (2025) | 2.1500% | 2.1500% | — | 2.1500% | 2025 | 2.1500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$632,265 | $639,694 | ~$548,236 | $717,280 | 2021 | $583,555 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$28,602,214 | ~$28,602,214 | ~2.1595% | ~$617,661 | -2.8% |
| 2027 | ~$27,809,819 | ~$27,809,819 | ~2.0908% | ~$581,444 | -5.5% |
| 2028 | ~$27,039,377 | ~$27,039,377 | ~2.0221% | ~$546,760 | -8.1% |
| 2029 | ~$26,290,279 | ~$26,290,279 | ~1.9534% | ~$513,552 | -10.6% |
| 2030 | ~$25,561,934 | ~$25,561,934 | ~1.8847% | ~$481,764 | -13.1% |
| 2026 | ~$28,013,870 | ~$28,013,870 | ~2.2282% | ~$624,201 | -4.8% |
| 2027 | ~$26,677,497 | ~$26,677,497 | ~2.2282% | ~$594,424 | -9.3% |
| 2028 | ~$25,404,875 | ~$25,404,875 | ~2.2282% | ~$566,068 | -13.6% |
| 2029 | ~$24,192,962 | ~$24,192,962 | ~2.2282% | ~$539,064 | -17.8% |
| 2030 | ~$23,038,862 | ~$23,038,862 | ~2.2282% | ~$513,348 | -21.7% |
| 2026 | ~$29,190,557 | ~$29,190,557 | ~2.1251% | ~$620,339 | -0.8% |
| 2027 | ~$28,965,674 | ~$28,965,674 | ~2.0221% | ~$585,712 | -1.5% |
| 2028 | ~$28,742,524 | ~$28,742,524 | ~1.9190% | ~$551,581 | -2.3% |
| 2029 | ~$28,521,093 | ~$28,521,093 | ~1.8160% | ~$517,941 | -3.0% |
| 2030 | ~$28,301,368 | ~$28,301,368 | ~1.7129% | ~$484,787 | -3.8% |
In 2025, this property's market value of $29,417,186 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 21× 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 | $29,417,186 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $29,185,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $29,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $28,580,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $32,916,000 | $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.