W PARMER LN TX 78727
| Owner | THAI SON |
|---|---|
| Parcel ID | 0260180431 |
| Short ID | 714760 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 98,897 SF |
| Acres | 2.270 |
| Year Built | — |
| Legal | LOT 2-B BLK B VILLAGE AT RIVER OAKS SEC 5 RESUB OF LOT 2 BLK B |
| Neighborhood | 1NO2 |
| Land | $1,260,937 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,260,937 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,260,937 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,260,937 |
| Value Limitation Adjustment (−) (homestead cap) | −$73,580 |
| Net Appraised (assessed) | $1,187,357 |
| Taxable Value | $1,187,357 |
|---|
Appreciation: Market value has risen +64.9% from $764,700 (2021) to $1,260,937 (2025), a CAGR of 13.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $24,299. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,187,357) is $73,580 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($1,260,937 land vs $0 improvements), about $13/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 $1,260,937, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +13.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,356,114 by 2030, with an estimated annual tax burden around $44,383. 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.
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% | $10,985.43 | $10,985.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,221.95 | $6,221.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,462.62 | $4,462.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,401.35 | $1,401.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,227.73 | $1,227.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,299.08 | $24,299.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,260,937 | $1,260,937 | +0.0% |
| Assessed Value | $1,260,937 | $1,187,357 | +6.2% |
| Land Value | $1,260,937 | $1,260,937 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,260,937 | $1,187,357 | +6.2% |
| Total Tax 2026 = estimate |
~$25,805
Estimated
|
~$24,299
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,260,937 | $1,260,937 | +0 (+0.0%) |
| Taxable Value | $1,260,937 | $1,260,937 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,260,937 | $1,260,937 | — | — | $1,260,937 | $1,260,937 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,260,937 | $1,260,937 | — | −$73,580 | $1,187,357 | $1,187,357 | ~$24,299 | Partial |
| 2024 | $— | — | — | — | $989,464 | $— | $19,609 | Verified |
| 2023 | $— | — | — | — | $1,260,937 | $— | $17,902 | Verified |
| 2022 | $— | — | — | — | $900,000 | $— | $17,774 | Verified |
| 2021 | $764,700 | — | — | — | $1,260,937 ! | $— | $27,447 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +6.2% | ~100% | Not available | Partial |
| 2025 | +27.4% | +20.0% | 94.2% | Not available | Partial |
| 2024 | -21.5% | -21.5% | ~100% | 1.9800% | Verified |
| 2023 | +40.1% | +40.1% | ~100% | 1.4200% | Verified |
| 2022 | -28.6% | -28.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +32.5% | +13.3% | +64.9% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 119.7% | — | 164.9% | 2021 | 94.2% | 2025 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,299 | $25,873 | ~$36,169 | $27,447 | 2021 | $24,299 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,428,874 | ~$1,428,874 | ~2.0139% | ~$28,777 | +13.3% |
| 2027 | ~$1,619,178 | ~$1,619,178 | ~1.9814% | ~$32,082 | +28.4% |
| 2028 | ~$1,834,827 | ~$1,834,827 | ~1.9488% | ~$35,758 | +45.5% |
| 2029 | ~$2,079,197 | ~$2,079,197 | ~1.9163% | ~$39,843 | +64.9% |
| 2030 | ~$2,356,114 | ~$2,356,114 | ~1.8837% | ~$44,383 | +86.9% |
| 2026 | ~$1,403,655 | ~$1,403,655 | ~2.0465% | ~$28,726 | +11.3% |
| 2027 | ~$1,562,527 | ~$1,562,527 | ~2.0465% | ~$31,977 | +23.9% |
| 2028 | ~$1,739,381 | ~$1,739,381 | ~2.0465% | ~$35,596 | +37.9% |
| 2029 | ~$1,936,252 | ~$1,936,252 | ~2.0465% | ~$39,625 | +53.6% |
| 2030 | ~$2,155,405 | ~$2,155,405 | ~2.0465% | ~$44,110 | +70.9% |
| 2026 | ~$1,454,093 | ~$1,454,093 | ~1.9977% | ~$29,048 | +15.3% |
| 2027 | ~$1,676,837 | ~$1,676,837 | ~1.9488% | ~$32,679 | +33.0% |
| 2028 | ~$1,933,702 | ~$1,933,702 | ~1.9000% | ~$36,741 | +53.4% |
| 2029 | ~$2,229,915 | ~$2,229,915 | ~1.8512% | ~$41,280 | +76.8% |
| 2030 | ~$2,571,504 | ~$2,571,504 | ~1.8024% | ~$46,348 | +103.9% |
In 2025, this property's market value of $1,260,937 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 15× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,260,937 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $764,700 | $6,000 | $14,480 | $80,000 | ↑ 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.