1601 W PARMER LN AUSTIN, TX 78727
| Owner | WELLS FARGO BANK NA |
|---|---|
| Parcel ID | 0260180429 |
| Short ID | 585683 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,909 SF |
| Land SF | 65,383 SF |
| Acres | 1.501 |
| Year Built | 2005 |
| Legal | LOT 1B BLK B VILLAGE AT RIVER OAKS SEC 2 RESUB OF LOT 4 AMENDED PLAT OF LOTS 1 & 2 |
| Neighborhood | 58NOR |
| Land | $1,307,660 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,307,660 |
| Improvement | $1,788,768 |
|---|---|
| Total Improvement | $1,788,768 |
| Market | $3,096,428 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,096,428 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,096,428 |
| Taxable Value | $3,096,428 |
|---|
Appreciation: Market value has risen +40.7% from $2,200,342 (2021) to $3,096,428 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 3.1534% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $97,642. Austin ISD is the largest single contributor, at 43.3% 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 42% of market value ($1,307,660 land vs $1,788,768 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,096,428, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,745,964 by 2030, with an estimated annual tax burden around $125,259. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 22,000 SF | ✗ |
| 1ST | 1st Floor | 4,909 SF | ✓ |
| 503 | CANOPY - BANK | 2,080 SF | ✗ |
| 501 | CANOPY | 210 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $27,559.29 | $27,559.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,225.81 | $16,225.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,637.77 | $11,637.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,654.50 | $3,654.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,201.71 | $3,201.71 | Paid |
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $1,302.70 | $1,302.70 | Paid |
| Combined Rate | 3.5647% | 3.2395% | 2.9184% | 3.0887% | 3.1534% | +0.0647% | $63,581.78 | $63,581.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,936,491 | $3,096,428 | -5.2% |
| Assessed Value | $2,936,491 | $3,096,428 | -5.2% |
| Land Value | $1,307,660 | $1,307,660 | +0.0% |
| Improvement Value | $1,628,831 | $1,788,768 | -8.9% |
| Taxable Value | $2,936,491 | $3,096,428 | -5.2% |
| Total Tax 2026 = estimate |
~$92,599
Estimated
|
~$63,582
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,936,491 | $2,936,491 | +0 (+0.0%) |
| Taxable Value | $2,936,491 | $2,936,491 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,936,491 | $1,307,660 | $1,628,831 | — | $2,936,491 | $2,936,491 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,096,428 | $1,307,660 | $1,788,768 | — | $3,096,428 | $3,096,428 | ~$63,582 | Partial |
| 2024 | $2,321,982 | — | — | −$1,014,322 | $1,307,660 | $— | $55,285 | Verified |
| 2023 | $2,194,664 | — | — | −$1,213,919 | $980,745 | $— | $42,231 | Verified |
| 2022 | $2,194,664 | — | — | −$1,213,919 | $980,745 | $— | $43,579 | Verified |
| 2021 | $2,200,342 | — | — | −$1,219,597 | $980,745 | $— | $48,059 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2025 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2024 | +19.7% | +19.7% | ~100% | 1.9900% | Verified |
| 2023 | +5.8% | +5.8% | ~100% | 1.8200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9900% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.2% | +6.7% | +10.1% | +33.4% | 2025 | -5.2% | 2026 |
| Assessment Ratio | 100.0% | 65.0% | — | 100.0% | 2025 | 44.6% | 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 |
$63,582 | $50,547 | ~$113,944 | $63,582 | 2025 | $42,231 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,372,513 | ~$3,372,513 | ~3.0506% | ~$102,881 | +8.9% |
| 2027 | ~$3,673,215 | ~$3,673,215 | ~2.9477% | ~$108,277 | +18.6% |
| 2028 | ~$4,000,729 | ~$4,000,729 | ~2.8449% | ~$113,817 | +29.2% |
| 2029 | ~$4,357,444 | ~$4,357,444 | ~2.7421% | ~$119,485 | +40.7% |
| 2030 | ~$4,745,964 | ~$4,745,964 | ~2.6393% | ~$125,259 | +53.3% |
| 2026 | ~$3,310,585 | ~$3,310,585 | ~3.1534% | ~$104,395 | +6.9% |
| 2027 | ~$3,539,553 | ~$3,539,553 | ~3.1534% | ~$111,616 | +14.3% |
| 2028 | ~$3,784,358 | ~$3,784,358 | ~3.1534% | ~$119,335 | +22.2% |
| 2029 | ~$4,046,094 | ~$4,046,094 | ~3.1534% | ~$127,589 | +30.7% |
| 2030 | ~$4,325,932 | ~$4,325,932 | ~3.1534% | ~$136,413 | +39.7% |
| 2026 | ~$3,434,442 | ~$3,406,071 | ~2.9992% | ~$102,153 | +10.9% |
| 2027 | ~$3,809,354 | ~$3,746,678 | ~2.8449% | ~$106,590 | +23.0% |
| 2028 | ~$4,225,193 | ~$4,121,346 | ~2.6907% | ~$110,892 | +36.5% |
| 2029 | ~$4,686,426 | ~$4,533,480 | ~2.5364% | ~$114,989 | +51.3% |
| 2030 | ~$5,198,008 | ~$4,986,828 | ~2.3822% | ~$118,797 | +67.9% |
In 2025, this property's market value of $3,096,428 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +118% 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 | $3,096,428 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,321,982 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,194,664 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,194,664 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,200,342 | $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.