2506 PARMER LN 100 TX 78727
| Owner | CENTRO NP HOLDINGS 12 SPE LLC |
|---|---|
| Parcel ID | 0262130106 |
| Short ID | 266407 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 86,380 SF |
| Land SF | 363,246 SF |
| Acres | 8.339 |
| Year Built | 1989 |
| Legal | LOT 3 PARMER POINT SUBD |
| Neighborhood | 41NOR |
| Land | $7,264,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,264,920 |
| Improvement | $1,265,039 |
|---|---|
| Total Improvement | $1,265,039 |
| Market | $8,529,959 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,529,959 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,529,959 |
| Taxable Value | $8,529,959 |
|---|
Appreciation: Market value has fallen -14.6% from $9,991,000 (2021) to $8,529,959 (2025), a CAGR of -3.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→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 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 $174,564. 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 85% of market value ($7,264,920 land vs $1,265,039 improvements), about $20/SF of land. With value concentrated in the land under a ~37-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $8,529,959, 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 -3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,000,345 by 2030, with an estimated annual tax burden around $131,868. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 252,010 SF | ✗ |
| 491 | SPRINKLER HEADS | 91,598 SF | ✗ |
| 1ST | 1st Floor | 86,380 SF | ✓ |
| 611 | TERRACE | 10,376 SF | ✗ |
| 501 | CANOPY | 3,256 SF | ✗ |
| MEZZ | Mezzanine | 2,952 SF | ✓ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
| 437 | FENCE MASON LF | 54 SF | ✗ |
| 482 | LIGHT POLES | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $77,172.36 | $77,172.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $43,709.06 | $43,709.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $31,349.81 | $31,349.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,844.48 | $9,844.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,624.75 | $8,624.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $170,700.46 | $170,700.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,604,713 | $8,529,959 | +0.9% |
| Assessed Value | $8,604,713 | $8,529,959 | +0.9% |
| Land Value | $7,264,920 | $7,264,920 | +0.0% |
| Improvement Value | $1,339,793 | $1,265,039 | +5.9% |
| Taxable Value | $8,604,713 | $8,529,959 | +0.9% |
| Total Tax 2026 = estimate |
~$176,094
Estimated
|
~$170,700
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,944,507 | $8,604,713 | -1,339,794 (-13.5%) |
| Taxable Value | $9,944,507 | $8,604,713 | -1,339,794 (-13.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,604,713 | $7,264,920 | $1,339,793 | — | $8,604,713 | $8,604,713 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,529,959 | $7,264,920 | $1,265,039 | — | $8,529,959 | $8,529,959 | ~$170,700 | Partial |
| 2024 | $8,300,000 | — | — | −$1,035,080 | $7,264,920 | $— | $162,868 | Verified |
| 2023 | $8,300,000 | — | — | −$1,035,080 | $7,264,920 | $— | $150,168 | Verified |
| 2022 | $— | — | — | — | $7,264,920 | $— | $164,825 | Verified |
| 2021 | $9,991,000 | — | — | −$2,726,080 | $7,264,920 | $— | $177,461 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.6% | +16.6% | ~100% | Not available | Partial |
| 2025 | -12.9% | -12.9% | ~100% | Not available | Partial |
| 2024 | +18.0% | +18.0% | ~100% | 1.6600% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +11.8% | +11.8% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 1.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | -3.3% | -4.0% | +2.8% | 2025 | -16.9% | 2023 |
| Assessment Ratio | 100.0% | 89.5% | — | 100.0% | 2025 | 72.7% | 2021 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$170,700 | $165,299 | ~$148,073 | $177,461 | 2021 | $150,168 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,199,388 | ~$8,199,388 | ~2.0139% | ~$165,130 | -3.9% |
| 2027 | ~$7,881,628 | ~$7,881,628 | ~1.9814% | ~$156,166 | -7.6% |
| 2028 | ~$7,576,183 | ~$7,576,183 | ~1.9488% | ~$147,648 | -11.2% |
| 2029 | ~$7,282,574 | ~$7,282,574 | ~1.9163% | ~$139,555 | -14.6% |
| 2030 | ~$7,000,345 | ~$7,000,345 | ~1.8837% | ~$131,868 | -17.9% |
| 2026 | ~$8,103,461 | ~$8,103,461 | ~2.0465% | ~$165,836 | -5.0% |
| 2027 | ~$7,698,288 | ~$7,698,288 | ~2.0465% | ~$157,544 | -9.7% |
| 2028 | ~$7,313,374 | ~$7,313,374 | ~2.0465% | ~$149,667 | -14.3% |
| 2029 | ~$6,947,705 | ~$6,947,705 | ~2.0465% | ~$142,184 | -18.5% |
| 2030 | ~$6,600,320 | ~$6,600,320 | ~2.0465% | ~$135,075 | -22.6% |
| 2026 | ~$8,369,987 | ~$8,369,987 | ~1.9977% | ~$167,204 | -1.9% |
| 2027 | ~$8,213,016 | ~$8,213,016 | ~1.9488% | ~$160,058 | -3.7% |
| 2028 | ~$8,058,988 | ~$8,058,988 | ~1.9000% | ~$153,122 | -5.5% |
| 2029 | ~$7,907,849 | ~$7,907,849 | ~1.8512% | ~$146,390 | -7.3% |
| 2030 | ~$7,759,544 | ~$7,759,544 | ~1.8024% | ~$139,856 | -9.0% |
In 2025, this property's market value of $8,529,959 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,529,959 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $9,991,000 | $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.