507 E HOWARD LN 3 TX 78753
| Owner | CAPITAL CITY LUCKY HOLDING LLC |
|---|---|
| Parcel ID | 0260281101 |
| Short ID | 874636 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 131,425 SF |
| Land SF | 409,900 SF |
| Acres | 9.410 |
| Year Built | 2019 |
| Legal | LOT 4A PARMER BUSINESS PARK AMD |
| Neighborhood | 60NEA |
| Land | $1,639,598 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,639,598 |
| Improvement | $22,360,402 |
|---|---|
| Total Improvement | $22,360,402 |
| Market | $24,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,000,000 |
| Taxable Value | $24,000,000 |
|---|
Appreciation: Market value has risen +26.3% from $19,000,000 (2021) to $24,000,000 (2025), a CAGR of 6.0% 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 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 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $534,764. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 7% of market value ($1,639,598 land vs $22,360,402 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,000,000, 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 +6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $32,139,069 by 2030, with an estimated annual tax burden around $605,723. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 284,300 SF | ✗ |
| 1ST | 1st Floor | 131,425 SF | ✓ |
| 093 | HVAC COMMRCL SF | 131,425 SF | ✗ |
| 881 | COMMCL FINISHOUT | 32,856 SF | ✓ |
| 501 | CANOPY | 2,835 SF | ✗ |
| 611 | TERRACE | 2,835 SF | ✗ |
| 482 | LIGHT POLES | 12 SF | ✓ |
| 413 | STAIRWAY EXT | 10 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% | $265,656.00 | $265,656.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $125,764.08 | $125,764.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $90,202.80 | $90,202.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,325.52 | $28,325.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $24,816.00 | $24,816.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $534,764.40 | $534,764.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,800,000 | $24,000,000 | +15.8% |
| Assessed Value | $27,800,000 | $24,000,000 | +15.8% |
| Land Value | $1,639,598 | $1,639,598 | +0.0% |
| Improvement Value | $26,160,402 | $22,360,402 | +17.0% |
| Taxable Value | $27,800,000 | $24,000,000 | +15.8% |
| Total Tax 2026 = estimate |
~$619,435
Estimated
|
~$534,764
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $31,226,264 | $27,800,000 | -3,426,264 (-11.0%) |
| Taxable Value | $31,226,264 | $27,800,000 | -3,426,264 (-11.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $27,800,000 | $1,639,598 | $26,160,402 | — | $27,800,000 | $27,800,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,000,000 | $1,639,598 | $22,360,402 | — | $24,000,000 | $24,000,000 | ~$534,764 | Partial |
| 2024 | $24,445,000 | — | — | −$22,805,402 | $1,639,598 | $— | $514,691 | Verified |
| 2023 | $25,529,000 | — | — | −$23,889,402 | $1,639,598 | $— | $513,456 | Verified |
| 2022 | $20,040,480 | — | — | −$18,400,882 | $1,639,598 | $— | $572,596 | Verified |
| 2021 | $19,000,000 | — | — | −$17,360,402 | $1,639,598 | $— | $501,609 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.1% | +30.1% | ~100% | Not available | Partial |
| 2025 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2024 | -26.6% | -26.6% | ~100% | 2.0200% | Verified |
| 2023 | +36.1% | +36.1% | ~100% | 1.4800% | Verified |
| 2022 | +27.4% | +27.4% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.8% | +8.5% | +3.1% | +27.4% | 2023 | -4.2% | 2024 |
| Assessment Ratio | 100.0% | 38.3% | — | 100.0% | 2025 | 6.4% | 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 |
$534,764 | $527,423 | ~$577,911 | $572,596 | 2022 | $501,609 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$25,443,430 | ~$25,443,430 | ~2.1595% | ~$549,447 | +6.0% |
| 2027 | ~$26,973,671 | ~$26,973,671 | ~2.0908% | ~$563,962 | +12.4% |
| 2028 | ~$28,595,946 | ~$28,595,946 | ~2.0221% | ~$578,236 | +19.1% |
| 2029 | ~$30,315,789 | ~$30,315,789 | ~1.9534% | ~$592,186 | +26.3% |
| 2030 | ~$32,139,069 | ~$32,139,069 | ~1.8847% | ~$605,723 | +33.9% |
| 2026 | ~$24,963,430 | ~$24,963,430 | ~2.2282% | ~$556,231 | +4.0% |
| 2027 | ~$25,965,534 | ~$25,965,534 | ~2.2282% | ~$578,560 | +8.2% |
| 2028 | ~$27,007,866 | ~$27,007,866 | ~2.2282% | ~$601,785 | +12.5% |
| 2029 | ~$28,092,040 | ~$28,092,040 | ~2.2282% | ~$625,943 | +17.1% |
| 2030 | ~$29,219,736 | ~$29,219,736 | ~2.2282% | ~$651,070 | +21.7% |
| 2026 | ~$25,923,430 | ~$25,923,430 | ~2.1251% | ~$550,908 | +8.0% |
| 2027 | ~$28,001,009 | ~$28,001,009 | ~2.0221% | ~$566,205 | +16.7% |
| 2028 | ~$30,245,091 | ~$30,245,091 | ~1.9190% | ~$580,416 | +26.0% |
| 2029 | ~$32,669,020 | ~$32,669,020 | ~1.8160% | ~$593,267 | +36.1% |
| 2030 | ~$35,287,210 | ~$35,287,210 | ~1.7129% | ~$604,451 | +47.0% |
In 2025, this property's market value of $24,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $24,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $24,445,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $25,529,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $20,040,480 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $19,000,000 | $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.