2303 PARMER LN TX 78727
| Owner | DY KIM ENTERPRISE LLC |
|---|---|
| Parcel ID | 0262161001 |
| Short ID | 266736 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,684 SF |
| Land SF | 13,275 SF |
| Acres | 0.305 |
| Year Built | 1973 |
| Legal | LOT 5-B *RESUB OF LT 1 BLK B PARMER LANE HEIGHTS SEC 1 LESS .0562A(INTO ROW) |
| Neighborhood | 59NOR |
| Land | $265,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $265,500 |
| Improvement | $173,285 |
|---|---|
| Total Improvement | $173,285 |
| Market | $438,785 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $438,785 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $438,785 |
| Taxable Value | $438,785 |
|---|
| Total Due | $10,326.63 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +11.1% from $395,000 (2021) to $438,785 (2025), a CAGR of 2.7% 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 $8,980. 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 61% of market value ($265,500 land vs $173,285 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 $438,785, 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 +2.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $500,403 by 2030, with an estimated annual tax burden around $9,426. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $10,326.63 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,500 SF | ✗ |
| 1ST | 1st Floor | 1,684 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,684 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 378 SF | ✗ |
| 591 | MASONRY TRIM SF | 150 SF | ✗ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +204 |
| Travis County | 0.3444% | 0.3758% | +138 |
| Austin ISD | 0.9505% | 0.9252% | -111 |
| Travis Central Health | 0.1080% | 0.1180% | +44 |
| Austin Community College | 0.1013% | 0.1034% | +9 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $4,059.64 | $— | $4,059.64 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,299.31 | $— | $2,299.31 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,649.15 | $— | $1,649.15 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $517.87 | $— | $517.87 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $453.70 | $— | $453.70 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,979.67 | $0.00 | $8,979.67 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $656,288 | $438,785 | +49.6% |
| Assessed Value | $526,542 | $438,785 | +20.0% |
| Land Value | $265,500 | $265,500 | +0.0% |
| Improvement Value | $390,788 | $173,285 | +125.5% |
| Taxable Value | $526,542 | $438,785 | +20.0% |
| HS Cap Loss | -$129,746 | — | |
| Total Tax 2026 = estimate |
~$10,776
Estimated
|
$8,980 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $656,288 | $656,288 | +0 (+0.0%) |
| Taxable Value | $526,542 | $526,542 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $656,288 | $265,500 | $390,788 | −$129,746 | $526,542 | $526,542 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $438,785 | $265,500 | $173,285 | — | $438,785 | $438,785 | $8,980 | Verified |
| 2024 | $439,332 | — | — | −$173,832 | $265,500 | $— | $9,258 | Verified |
| 2023 | $484,397 | — | — | −$218,897 | $265,500 | $— | $7,949 | Verified |
| 2022 | $410,760 | — | — | −$145,260 | $265,500 | $— | $9,566 | Verified |
| 2021 | $395,000 | — | — | −$129,500 | $265,500 | $— | $8,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +49.6% | +20.0% | 80.2% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | 2.0500% | Verified |
| 2024 | +6.3% | +6.3% | ~100% | 1.9800% | Verified |
| 2023 | -9.3% | -9.3% | ~100% | 1.8100% | Verified |
| 2022 | +17.9% | +17.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +49.6% | +12.4% | -4.1% | +49.6% | 2026 | -9.3% | 2024 |
| Assessment Ratio | 80.2% | 71.2% | — | 100.0% | 2025 | 54.8% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $8,980 | $8,939 | ~$9,251 | $9,566 | 2022 | $7,949 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$450,470 | ~$450,470 | ~2.0139% | ~$9,072 | +2.7% |
| 2027 | ~$462,465 | ~$462,465 | ~1.9814% | ~$9,163 | +5.4% |
| 2028 | ~$474,780 | ~$474,780 | ~1.9488% | ~$9,253 | +8.2% |
| 2029 | ~$487,423 | ~$487,423 | ~1.9163% | ~$9,340 | +11.1% |
| 2030 | ~$500,403 | ~$500,403 | ~1.8837% | ~$9,426 | +14.0% |
| 2026 | ~$441,694 | ~$441,694 | ~2.0465% | ~$9,039 | +0.7% |
| 2027 | ~$444,622 | ~$444,622 | ~2.0465% | ~$9,099 | +1.3% |
| 2028 | ~$447,570 | ~$447,570 | ~2.0465% | ~$9,159 | +2.0% |
| 2029 | ~$450,537 | ~$450,537 | ~2.0465% | ~$9,220 | +2.7% |
| 2030 | ~$453,523 | ~$453,523 | ~2.0465% | ~$9,281 | +3.4% |
| 2026 | ~$459,245 | ~$459,245 | ~1.9977% | ~$9,174 | +4.7% |
| 2027 | ~$480,660 | ~$480,660 | ~1.9488% | ~$9,367 | +9.5% |
| 2028 | ~$503,072 | ~$503,072 | ~1.9000% | ~$9,558 | +14.7% |
| 2029 | ~$526,530 | ~$526,530 | ~1.8512% | ~$9,747 | +20.0% |
| 2030 | ~$551,082 | ~$551,082 | ~1.8024% | ~$9,933 | +25.6% |
In 2025, this property's market value of $438,785 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -69% 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 | $438,785 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $439,332 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $484,397 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $410,760 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $395,000 | $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.