2309 PARMER LN TX 78727
| Owner | GAMMAD HENRY A & EVA E |
|---|---|
| Parcel ID | 0262130407 |
| Short ID | 266446 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,828 SF |
| Land SF | 13,275 SF |
| Acres | 0.305 |
| Year Built | 1973 |
| Legal | LOT 2B *RESUB OF LT 1 BLK B PARMER LANE HEIGHTS SEC 1 LESS .0564A(INTO ROW) |
| Neighborhood | 59NOR |
| Land | $265,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $265,500 |
| Improvement | $246,023 |
|---|---|
| Total Improvement | $246,023 |
| Market | $511,523 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $511,523 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $511,523 |
| Taxable Value | $511,523 |
|---|
Appreciation: Market value has risen +5.5% from $485,000 (2021) to $511,523 (2025), a CAGR of 1.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $10,468. 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 52% of market value ($265,500 land vs $246,023 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $511,523, this parcel sits in the bottom quartile (<25th 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 +1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $546,726 by 2030, with an estimated annual tax burden around $10,299. 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 | 3,844 SF | ✗ |
| 1ST | 1st Floor | 1,828 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,828 SF | ✗ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 172 SF | ✗ |
| 501 | CANOPY | 172 SF | ✗ |
| 327 | STORAGE COMM'L | 114 SF | ✓ |
| 591 | MASONRY TRIM SF | 110 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% | $4,732.61 | $4,732.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,680.47 | $2,680.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,922.53 | $1,922.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $603.71 | $603.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $528.91 | $528.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,468.23 | $10,468.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $820,324 | $511,523 | +60.4% |
| Assessed Value | $613,828 | $511,523 | +20.0% |
| Land Value | $265,500 | $265,500 | +0.0% |
| Improvement Value | $554,824 | $246,023 | +125.5% |
| Taxable Value | $613,828 | $511,523 | +20.0% |
| HS Cap Loss | -$206,496 | — | |
| Total Tax 2026 = estimate |
~$12,562
Estimated
|
~$10,468
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $820,324 | $820,324 | +0 (+0.0%) |
| Taxable Value | $613,828 | $613,828 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $820,324 | $265,500 | $554,824 | −$206,496 | $613,828 | $613,828 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $511,523 | $265,500 | $246,023 | — | $511,523 | $511,523 | ~$10,468 | Partial |
| 2024 | $511,810 | — | — | −$246,310 | $265,500 | $— | $10,330 | Verified |
| 2023 | $575,755 | — | — | −$310,255 | $265,500 | $— | $9,260 | Verified |
| 2022 | $502,273 | — | — | −$236,773 | $265,500 | $— | $11,371 | Verified |
| 2021 | $485,000 | — | — | −$219,500 | $265,500 | $— | $10,933 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +60.4% | +20.0% | 74.8% | Not available | Partial |
| 2025 | -8.7% | -8.7% | ~100% | Not available | Partial |
| 2024 | +7.8% | +7.8% | ~100% | 1.8400% | Verified |
| 2023 | -9.7% | -9.7% | ~100% | 1.7800% | Verified |
| 2022 | +14.6% | +14.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +60.4% | +13.5% | -6.3% | +60.4% | 2026 | -11.1% | 2024 |
| Assessment Ratio | 74.8% | 63.4% | — | 100.0% | 2025 | 46.1% | 2023 |
| 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 |
$10,468 | $10,472 | ~$10,372 | $11,371 | 2022 | $9,260 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$518,377 | ~$518,377 | ~2.0139% | ~$10,440 | +1.3% |
| 2027 | ~$525,324 | ~$525,324 | ~1.9814% | ~$10,409 | +2.7% |
| 2028 | ~$532,363 | ~$532,363 | ~1.9488% | ~$10,375 | +4.1% |
| 2029 | ~$539,496 | ~$539,496 | ~1.9163% | ~$10,338 | +5.5% |
| 2030 | ~$546,726 | ~$546,726 | ~1.8837% | ~$10,299 | +6.9% |
| 2026 | ~$508,147 | ~$508,147 | ~2.0465% | ~$10,399 | -0.7% |
| 2027 | ~$504,793 | ~$504,793 | ~2.0465% | ~$10,331 | -1.3% |
| 2028 | ~$501,461 | ~$501,461 | ~2.0465% | ~$10,262 | -2.0% |
| 2029 | ~$498,152 | ~$498,152 | ~2.0465% | ~$10,195 | -2.6% |
| 2030 | ~$494,864 | ~$494,864 | ~2.0465% | ~$10,127 | -3.3% |
| 2026 | ~$528,608 | ~$528,608 | ~1.9977% | ~$10,560 | +3.3% |
| 2027 | ~$546,263 | ~$546,263 | ~1.9488% | ~$10,646 | +6.8% |
| 2028 | ~$564,508 | ~$564,508 | ~1.9000% | ~$10,726 | +10.4% |
| 2029 | ~$583,363 | ~$583,363 | ~1.8512% | ~$10,799 | +14.0% |
| 2030 | ~$602,847 | ~$602,847 | ~1.8024% | ~$10,866 | +17.9% |
In 2025, this property's market value of $511,523 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -64% below 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 | $511,523 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $511,810 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $575,755 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $502,273 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $485,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.