HOWARD LN TX 78753
| Owner | KARLIN MCCALLEN PASS LLC |
|---|---|
| Parcel ID | 0260301101 |
| Short ID | 938400 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 323,600 SF |
| Land SF | 1,658,460 SF |
| Acres | 38.073 |
| Year Built | 2022 |
| Legal | LOT 5A PARMER BUSINESS PARK AMD PLAT LTS 5, 6, 8A & 14A |
| Neighborhood | 1NE2 |
| Land | $21,559,978 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $21,559,978 |
| Improvement | $96,162,411 |
|---|---|
| Total Improvement | $96,162,411 |
| Market | $117,722,389 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $117,722,389 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $117,722,389 |
| Taxable Value | $117,722,389 |
|---|
Appreciation: Market value has fallen -5.8% from $125,000,000 (2024) to $117,722,389 (2025), a CAGR of -5.8% over 1 year. 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 Land/Vacant parcel countywide rose +28.8%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,623,073. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Land / Vacant. 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 18% of market value ($21,559,978 land vs $96,162,411 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $117,722,389, 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 -5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $87,217,641 by 2030, with an estimated annual tax burden around $1,643,784. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 667,868 SF | ✗ |
| 1ST | 1st Floor | 234,600 SF | ✓ |
| 093 | HVAC COMMRCL SF | 196,200 SF | ✗ |
| 881 | COMMCL FINISHOUT | 184,200 SF | ✓ |
| 2ND | 2nd Floor | 44,500 SF | ✓ |
| 3RD | 3rd Floor | 44,500 SF | ✓ |
| 4TH | 4th Floor | 44,500 SF | ✓ |
| 880 | CLEAN-RM F/O | 12,000 SF | ✓ |
| 407 | LOADING DOCK | 4,800 SF | ✓ |
| 501 | CANOPY | 2,114 SF | ✗ |
| 482 | LIGHT POLES | 91 SF | ✓ |
Market value changed by 1784% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $1,228,659.00 | $1,228,659.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $581,658.87 | $581,658.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $417,187.95 | $417,187.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $131,005.53 | $131,005.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $114,774.00 | $114,774.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $2,473,285.35 | $2,473,285.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $118,889,162 | $117,722,389 | +1.0% |
| Assessed Value | $118,889,162 | $117,722,389 | +1.0% |
| Land Value | $21,559,978 | $21,559,978 | +0.0% |
| Improvement Value | $97,329,184 | $96,162,411 | +1.2% |
| Taxable Value | $118,889,162 | $117,722,389 | +1.0% |
| Total Tax 2026 = estimate |
~$2,649,070
Estimated
|
~$2,473,285
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $118,889,162 | $118,889,162 | +0 (+0.0%) |
| Taxable Value | $118,889,162 | $118,889,162 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $118,889,162 | $21,559,978 | $97,329,184 | — | $118,889,162 | $118,889,162 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $117,722,389 | $21,559,978 | $96,162,411 | — | $117,722,389 | $117,722,389 | ~$2,473,285 | Partial |
| 2024 | $125,000,000 | — | — | — | — | $— | $2,431,431 | Verified |
| 2023 | $— | — | — | — | — | $— | $2,446,261 | Verified |
| 2022 | $— | — | — | — | $6,633,840 | $— | $148,792 | Verified |
| 2021 | $— | — | — | — | $6,633,840 | $— | $166,044 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2024 | -5.6% | -5.6% | ~100% | 2.0600% | Verified |
| 2023 | +1784.3% ! | +1784.3% | ~100% | 1.9600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1674.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | -2.4% | -6.0% | +1.0% | 2026 | -5.8% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 2.1000% | 2.1000% | — | 2.1000% | 2025 | 2.1000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,473,285 | $2,452,358 | ~$2,003,696 | $2,473,285 | 2025 | $2,431,431 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$110,868,487 | ~$110,868,487 | ~2.1595% | ~$2,394,190 | -5.8% |
| 2027 | ~$104,413,625 | ~$104,413,625 | ~2.0908% | ~$2,183,068 | -11.3% |
| 2028 | ~$98,334,571 | ~$98,334,571 | ~2.0221% | ~$1,988,413 | -16.5% |
| 2029 | ~$92,609,445 | ~$92,609,445 | ~1.9534% | ~$1,809,025 | -21.3% |
| 2030 | ~$87,217,641 | ~$87,217,641 | ~1.8847% | ~$1,643,784 | -25.9% |
| 2026 | ~$111,836,270 | ~$111,836,270 | ~2.2282% | ~$2,491,919 | -5.0% |
| 2027 | ~$106,244,456 | ~$106,244,456 | ~2.2282% | ~$2,367,323 | -9.8% |
| 2028 | ~$100,932,233 | ~$100,932,233 | ~2.2282% | ~$2,248,957 | -14.3% |
| 2029 | ~$95,885,622 | ~$95,885,622 | ~2.2282% | ~$2,136,509 | -18.5% |
| 2030 | ~$91,091,341 | ~$91,091,341 | ~2.2282% | ~$2,029,684 | -22.6% |
| 2026 | ~$113,222,935 | ~$113,222,935 | ~2.1251% | ~$2,406,143 | -3.8% |
| 2027 | ~$108,895,454 | ~$108,895,454 | ~2.0221% | ~$2,201,964 | -7.5% |
| 2028 | ~$104,733,373 | ~$104,733,373 | ~1.9190% | ~$2,009,877 | -11.0% |
| 2029 | ~$100,730,370 | ~$100,730,370 | ~1.8160% | ~$1,829,257 | -14.4% |
| 2030 | ~$96,880,366 | ~$96,880,366 | ~1.7129% | ~$1,659,509 | -17.7% |
In 2025, this property's market value of $117,722,389 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 1385× 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 | $117,722,389 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $125,000,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | 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.