2406 W PARMER LN TX 78727
| Owner | PARMER LANE PROPERTIES LLC |
|---|---|
| Parcel ID | 0262130104 |
| Short ID | 266405 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,770 SF |
| Land SF | 22,520 SF |
| Acres | 0.517 |
| Year Built | 2004 |
| Legal | LOT 1 BLK A SIGNATURE CLEANERS SUBD |
| Neighborhood | 30NOR |
| Land | $563,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $563,000 |
| Improvement | $1,357,000 |
|---|---|
| Total Improvement | $1,357,000 |
| Market | $1,920,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,920,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,920,000 |
| Taxable Value | $1,920,000 |
|---|
Appreciation: Market value has fallen -2.6% from $1,971,217 (2021) to $1,920,000 (2025), a CAGR of -0.7% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $39,293. Austin ISD is the largest single contributor, at 45.2% 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 29% of market value ($563,000 land vs $1,357,000 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,920,000, 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 -0.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,857,846 by 2030, with an estimated annual tax burden around $34,997. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,150 SF | ✗ |
| 1ST | 1st Floor | 4,770 SF | ✓ |
| 611 | TERRACE | 880 SF | ✗ |
| 501 | CANOPY | 635 SF | ✗ |
| 437 | FENCE MASON LF | 30 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $17,763.84 | $17,763.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,061.13 | $10,061.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,216.22 | $7,216.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,266.04 | $2,266.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,985.28 | $1,985.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,292.51 | $39,292.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,981,779 | $1,920,000 | +3.2% |
| Assessed Value | $1,981,779 | $1,920,000 | +3.2% |
| Land Value | $563,000 | $563,000 | +0.0% |
| Improvement Value | $1,418,779 | $1,357,000 | +4.6% |
| Taxable Value | $1,981,779 | $1,920,000 | +3.2% |
| Total Tax 2026 = estimate |
~$40,557
Estimated
|
~$39,293
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,981,779 | $1,981,779 | +0 (+0.0%) |
| Taxable Value | $1,981,779 | $1,981,779 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,981,779 | $563,000 | $1,418,779 | — | $1,981,779 | $1,981,779 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,920,000 | $563,000 | $1,357,000 | — | $1,920,000 | $1,920,000 | ~$39,293 | Partial |
| 2024 | $1,949,876 | — | — | −$1,386,876 | $563,000 | $— | $38,787 | Verified |
| 2023 | $1,863,583 | — | — | −$1,300,583 | $563,000 | $— | $35,278 | Verified |
| 2022 | $1,793,056 | — | — | −$1,230,056 | $563,000 | $— | $36,804 | Verified |
| 2021 | $1,971,217 | — | — | −$1,408,217 | $563,000 | $— | $39,029 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | 1.9800% | Verified |
| 2023 | +4.6% | +4.6% | ~100% | 1.8100% | Verified |
| 2022 | +3.9% | +3.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.2% | +0.2% | -1.3% | +4.6% | 2024 | -9.0% | 2022 |
| Assessment Ratio | 100.0% | 53.2% | — | 100.0% | 2025 | 28.6% | 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 |
$39,293 | $37,838 | ~$36,696 | $39,293 | 2025 | $35,278 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,907,405 | ~$1,907,405 | ~2.0139% | ~$38,414 | -0.7% |
| 2027 | ~$1,894,893 | ~$1,894,893 | ~1.9814% | ~$37,545 | -1.3% |
| 2028 | ~$1,882,462 | ~$1,882,462 | ~1.9488% | ~$36,686 | -2.0% |
| 2029 | ~$1,870,114 | ~$1,870,114 | ~1.9163% | ~$35,837 | -2.6% |
| 2030 | ~$1,857,846 | ~$1,857,846 | ~1.8837% | ~$34,997 | -3.2% |
| 2026 | ~$1,869,005 | ~$1,869,005 | ~2.0465% | ~$38,249 | -2.7% |
| 2027 | ~$1,819,365 | ~$1,819,365 | ~2.0465% | ~$37,233 | -5.2% |
| 2028 | ~$1,771,042 | ~$1,771,042 | ~2.0465% | ~$36,244 | -7.8% |
| 2029 | ~$1,724,004 | ~$1,724,004 | ~2.0465% | ~$35,281 | -10.2% |
| 2030 | ~$1,678,214 | ~$1,678,214 | ~2.0465% | ~$34,344 | -12.6% |
| 2026 | ~$1,945,805 | ~$1,945,805 | ~1.9977% | ~$38,871 | +1.3% |
| 2027 | ~$1,971,957 | ~$1,971,957 | ~1.9488% | ~$38,430 | +2.7% |
| 2028 | ~$1,998,460 | ~$1,998,460 | ~1.9000% | ~$37,971 | +4.1% |
| 2029 | ~$2,025,320 | ~$2,025,320 | ~1.8512% | ~$37,493 | +5.5% |
| 2030 | ~$2,052,540 | ~$2,052,540 | ~1.8024% | ~$36,994 | +6.9% |
In 2025, this property's market value of $1,920,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +35% 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 | $1,920,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,949,876 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,863,583 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,793,056 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,971,217 | $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.