12412 LIMERICK AVE TX 78758
| Owner | THAI FAMILY LLC |
|---|---|
| Parcel ID | 0262161007 |
| Short ID | 266742 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,816 SF |
| Land SF | 18,928 SF |
| Acres | 0.435 |
| Year Built | 1972 |
| Legal | LOT 12A BLK B RESUB NO 1 OF PARMER LANE HEIGHTS SEC 1 LESS .111AC(INTO ROW) |
| Neighborhood | 30NOR |
| Land | $289,591 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $289,591 |
| Improvement | $826,356 |
|---|---|
| Total Improvement | $826,356 |
| Market | $1,115,947 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,115,947 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,115,947 |
| Taxable Value | $1,115,947 |
|---|
Appreciation: Market value has risen +27.7% from $874,000 (2021) to $1,115,947 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $22,838. 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 26% of market value ($289,591 land vs $826,356 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,115,947, this parcel sits in the lower-middle (25th–50th 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,514,638 by 2030, with an estimated annual tax burden around $28,532. 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 | 7,000 SF | ✗ |
| 1ST | 1st Floor | 4,816 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,744 SF | ✗ |
| 501 | CANOPY | 384 SF | ✗ |
| 611 | TERRACE | 384 SF | ✗ |
| 591 | MASONRY TRIM SF | 200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 72 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522C | FIREPLACE COMM | 1 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% | $10,324.74 | $10,324.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,847.75 | $5,847.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,194.23 | $4,194.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,317.07 | $1,317.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,153.89 | $1,153.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,837.68 | $22,837.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,096,989 | $1,115,947 | -1.7% |
| Assessed Value | $1,096,989 | $1,115,947 | -1.7% |
| Land Value | $289,591 | $289,591 | +0.0% |
| Improvement Value | $807,398 | $826,356 | -2.3% |
| Taxable Value | $1,096,989 | $1,115,947 | -1.7% |
| Total Tax 2026 = estimate |
~$22,450
Estimated
|
~$22,838
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,096,989 | $1,096,989 | +0 (+0.0%) |
| Taxable Value | $1,096,989 | $1,096,989 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,096,989 | $289,591 | $807,398 | — | $1,096,989 | $1,096,989 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,115,947 | $289,591 | $826,356 | — | $1,115,947 | $1,115,947 | ~$22,838 | Partial |
| 2024 | $1,063,045 | — | — | −$773,454 | $289,591 | $— | $21,779 | Verified |
| 2023 | $1,017,100 | — | — | −$727,509 | $289,591 | $— | $19,233 | Verified |
| 2022 | $874,000 | — | — | −$584,409 | $289,591 | $— | $20,087 | Verified |
| 2021 | $874,000 | — | — | −$584,408 | $289,592 | $— | $19,024 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2025 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | 1.9800% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.8100% | Verified |
| 2022 | +3.3% | +3.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.7% | +4.8% | +6.7% | +16.4% | 2023 | -1.7% | 2026 |
| Assessment Ratio | 100.0% | 53.6% | — | 100.0% | 2025 | 27.2% | 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 |
$22,838 | $20,592 | ~$26,167 | $22,838 | 2025 | $19,024 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,186,251 | ~$1,186,251 | ~2.0139% | ~$23,890 | +6.3% |
| 2027 | ~$1,260,984 | ~$1,260,984 | ~1.9814% | ~$24,985 | +13.0% |
| 2028 | ~$1,340,425 | ~$1,340,425 | ~1.9488% | ~$26,123 | +20.1% |
| 2029 | ~$1,424,872 | ~$1,424,872 | ~1.9163% | ~$27,305 | +27.7% |
| 2030 | ~$1,514,638 | ~$1,514,638 | ~1.8837% | ~$28,532 | +35.7% |
| 2026 | ~$1,163,932 | ~$1,163,932 | ~2.0465% | ~$23,820 | +4.3% |
| 2027 | ~$1,213,981 | ~$1,213,981 | ~2.0465% | ~$24,844 | +8.8% |
| 2028 | ~$1,266,181 | ~$1,266,181 | ~2.0465% | ~$25,912 | +13.5% |
| 2029 | ~$1,320,626 | ~$1,320,626 | ~2.0465% | ~$27,026 | +18.3% |
| 2030 | ~$1,377,412 | ~$1,377,412 | ~2.0465% | ~$28,189 | +23.4% |
| 2026 | ~$1,208,570 | ~$1,208,570 | ~1.9977% | ~$24,143 | +8.3% |
| 2027 | ~$1,308,881 | ~$1,308,881 | ~1.9488% | ~$25,508 | +17.3% |
| 2028 | ~$1,417,517 | ~$1,417,517 | ~1.9000% | ~$26,933 | +27.0% |
| 2029 | ~$1,535,170 | ~$1,535,170 | ~1.8512% | ~$28,419 | +37.6% |
| 2030 | ~$1,662,588 | ~$1,662,588 | ~1.8024% | ~$29,966 | +49.0% |
In 2025, this property's market value of $1,115,947 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -21% 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 | $1,115,947 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,063,045 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,017,100 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $874,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $874,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.