2516 PARMER LN TX 78727
| Owner | Y F UNIVERSE LLC |
|---|---|
| Parcel ID | 0262130109 |
| Short ID | 266410 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 2,430 SF |
| Land SF | 46,652 SF |
| Acres | 1.071 |
| Year Built | 1995 |
| Legal | LOT 2A PARMER POINT SUBD II AMENDED PLAT OF LOT 2 & OF LOT 5 AMENDED PLAT OF LTS 4&5 PARMER POINT SUBD |
| Neighborhood | 58NOR |
| Land | $1,259,604 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,259,604 |
| Improvement | $720,529 |
|---|---|
| Total Improvement | $720,529 |
| Market | $1,980,133 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,980,133 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,980,133 |
| Taxable Value | $1,980,133 |
|---|
Appreciation: Market value has risen +5.7% from $1,873,000 (2021) to $1,980,133 (2025), a CAGR of 1.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $40,523. 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 64% of market value ($1,259,604 land vs $720,529 improvements), about $27/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,980,133, 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 +1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,122,707 by 2030, with an estimated annual tax burden around $39,986. 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 | 8,000 SF | ✗ |
| 1ST | 1st Floor | 2,430 SF | ✓ |
| 491 | SPRINKLER HEADS | 2,430 SF | ✗ |
| 503 | CANOPY - BANK | 1,000 SF | ✗ |
| 501 | CANOPY | 104 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $18,320.19 | $18,320.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,376.23 | $10,376.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,442.23 | $7,442.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,337.01 | $2,337.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,047.46 | $2,047.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,523.12 | $40,523.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,077,196 | $1,980,133 | +4.9% |
| Assessed Value | $2,077,196 | $1,980,133 | +4.9% |
| Land Value | $1,259,604 | $1,259,604 | +0.0% |
| Improvement Value | $817,592 | $720,529 | +13.5% |
| Taxable Value | $2,077,196 | $1,980,133 | +4.9% |
| Total Tax 2026 = estimate |
~$42,510
Estimated
|
~$40,523
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,141,440 | $2,077,196 | -64,244 (-3.0%) |
| Taxable Value | $2,141,440 | $2,077,196 | -64,244 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,077,196 | $1,259,604 | $817,592 | — | $2,077,196 | $2,077,196 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,980,133 | $1,259,604 | $720,529 | — | $1,980,133 | $1,980,133 | ~$40,523 | Partial |
| 2024 | $1,947,697 | — | — | −$688,093 | $1,259,604 | $— | $39,243 | Verified |
| 2023 | $1,677,581 | — | — | −$417,977 | $1,259,604 | $— | $35,239 | Verified |
| 2022 | $1,677,581 | — | — | −$417,977 | $1,259,604 | $— | $33,131 | Verified |
| 2021 | $1,873,000 | — | — | −$613,396 | $1,259,604 | $— | $36,516 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +1.7% | +1.7% | ~100% | 1.9800% | Verified |
| 2023 | +16.1% | +16.1% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.9% | +2.5% | +0.5% | +16.1% | 2024 | -10.4% | 2022 |
| Assessment Ratio | 100.0% | 80.4% | — | 100.0% | 2025 | 64.7% | 2024 |
| 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 |
$40,523 | $36,930 | ~$40,223 | $40,523 | 2025 | $33,131 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,007,860 | ~$2,007,860 | ~2.0139% | ~$40,437 | +1.4% |
| 2027 | ~$2,035,976 | ~$2,035,976 | ~1.9814% | ~$40,341 | +2.8% |
| 2028 | ~$2,064,485 | ~$2,064,485 | ~1.9488% | ~$40,233 | +4.3% |
| 2029 | ~$2,093,394 | ~$2,093,394 | ~1.9163% | ~$40,116 | +5.7% |
| 2030 | ~$2,122,707 | ~$2,122,707 | ~1.8837% | ~$39,986 | +7.2% |
| 2026 | ~$1,968,258 | ~$1,968,258 | ~2.0465% | ~$40,280 | -0.6% |
| 2027 | ~$1,956,454 | ~$1,956,454 | ~2.0465% | ~$40,039 | -1.2% |
| 2028 | ~$1,944,720 | ~$1,944,720 | ~2.0465% | ~$39,798 | -1.8% |
| 2029 | ~$1,933,057 | ~$1,933,057 | ~2.0465% | ~$39,560 | -2.4% |
| 2030 | ~$1,921,464 | ~$1,921,464 | ~2.0465% | ~$39,322 | -3.0% |
| 2026 | ~$2,047,463 | ~$2,047,463 | ~1.9977% | ~$40,901 | +3.4% |
| 2027 | ~$2,117,082 | ~$2,117,082 | ~1.9488% | ~$41,259 | +6.9% |
| 2028 | ~$2,189,069 | ~$2,189,069 | ~1.9000% | ~$41,593 | +10.6% |
| 2029 | ~$2,263,504 | ~$2,263,504 | ~1.8512% | ~$41,902 | +14.3% |
| 2030 | ~$2,340,469 | ~$2,340,469 | ~1.8024% | ~$42,184 | +18.2% |
In 2025, this property's market value of $1,980,133 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +40% 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 | $1,980,133 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,947,697 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,677,581 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,677,581 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,873,000 | $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.