507 E HOWARD LN 2 TX 78753
| Owner | 507 E HOWARD LANE HOLDING LLC |
|---|---|
| Parcel ID | 0262280810 |
| Short ID | 874634 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 131,425 SF |
| Land SF | 477,374 SF |
| Acres | 10.959 |
| Year Built | 2019 |
| Legal | LOT 3 PARMER BUSINESS PARK |
| Neighborhood | 66NEA |
| Land | $1,909,496 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,909,496 |
| Improvement | $32,990,504 |
|---|---|
| Total Improvement | $32,990,504 |
| Market | $34,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $34,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $34,900,000 |
| Taxable Value | $34,900,000 |
|---|
Appreciation: Market value has risen +42.2% from $24,538,833 (2021) to $34,900,000 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. 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 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $777,637. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 5% of market value ($1,909,496 land vs $32,990,504 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $34,900,000, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $54,205,060 by 2030, with an estimated annual tax burden around $1,021,599. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 278,975 SF | ✗ |
| 1ST | 1st Floor | 131,425 SF | ✓ |
| 093 | HVAC COMMRCL SF | 131,425 SF | ✗ |
| 881 | COMMCL FINISHOUT | 90,000 SF | ✓ |
| 880 | CLEAN-RM F/O | 20,000 SF | ✓ |
| MEZZ | Mezzanine | 6,208 SF | ✓ |
| 328 | MEZZ COMM (STG) | 6,208 SF | ✓ |
| 501 | CANOPY | 3,267 SF | ✗ |
| 611 | TERRACE | 3,267 SF | ✗ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $386,308.10 | $386,308.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $182,881.93 | $182,881.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $131,169.91 | $131,169.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $41,190.03 | $41,190.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $36,086.60 | $36,086.60 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $777,636.57 | $777,636.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $35,279,000 | $34,900,000 | +1.1% |
| Assessed Value | $35,279,000 | $34,900,000 | +1.1% |
| Land Value | $1,909,496 | $1,909,496 | +0.0% |
| Improvement Value | $33,369,504 | $32,990,504 | +1.1% |
| Taxable Value | $35,279,000 | $34,900,000 | +1.1% |
| Total Tax 2026 = estimate |
~$786,081
Estimated
|
~$777,637
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $36,485,728 | $35,279,000 | -1,206,728 (-3.3%) |
| Taxable Value | $36,485,728 | $35,279,000 | -1,206,728 (-3.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $35,279,000 | $1,909,496 | $33,369,504 | — | $35,279,000 | $35,279,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $34,900,000 | $1,909,496 | $32,990,504 | — | $34,900,000 | $34,900,000 | ~$777,637 | Partial |
| 2024 | $52,750,000 | — | — | −$50,840,504 | $1,909,496 | $— | $837,565 | Verified |
| 2023 | $36,896,150 | — | — | −$34,986,654 | $1,909,496 | $— | $787,142 | Verified |
| 2022 | $28,800,000 | — | — | −$26,890,504 | $1,909,496 | $— | $827,552 | Verified |
| 2021 | $24,538,833 | — | — | −$22,629,337 | $1,909,496 | $— | $720,858 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2024 | -25.7% | -25.7% | ~100% | 2.1400% | Verified |
| 2023 | +43.0% | +43.0% | ~100% | 1.4900% | Verified |
| 2022 | +28.1% | +28.1% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.1% | +11.2% | +9.0% | +43.0% | 2024 | -33.8% | 2025 |
| Assessment Ratio | 100.0% | 37.2% | — | 100.0% | 2025 | 3.6% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$777,637 | $790,151 | ~$920,701 | $837,565 | 2024 | $720,858 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$38,112,576 | ~$38,112,576 | ~2.1595% | ~$823,036 | +9.2% |
| 2027 | ~$41,620,873 | ~$41,620,873 | ~2.0908% | ~$870,204 | +19.3% |
| 2028 | ~$45,452,112 | ~$45,452,112 | ~2.0221% | ~$919,082 | +30.2% |
| 2029 | ~$49,636,020 | ~$49,636,020 | ~1.9534% | ~$969,586 | +42.2% |
| 2030 | ~$54,205,060 | ~$54,205,060 | ~1.8847% | ~$1,021,599 | +55.3% |
| 2026 | ~$37,414,576 | ~$37,414,576 | ~2.2282% | ~$833,666 | +7.2% |
| 2027 | ~$40,110,330 | ~$40,110,330 | ~2.2282% | ~$893,732 | +14.9% |
| 2028 | ~$43,000,316 | ~$43,000,316 | ~2.2282% | ~$958,127 | +23.2% |
| 2029 | ~$46,098,527 | ~$46,098,527 | ~2.2282% | ~$1,027,160 | +32.1% |
| 2030 | ~$49,419,967 | ~$49,419,967 | ~2.2282% | ~$1,101,168 | +41.6% |
| 2026 | ~$38,810,576 | ~$38,390,000 | ~2.1251% | ~$815,840 | +11.2% |
| 2027 | ~$43,159,336 | ~$42,229,000 | ~2.0221% | ~$853,908 | +23.7% |
| 2028 | ~$47,995,379 | ~$46,451,900 | ~1.9190% | ~$891,431 | +37.5% |
| 2029 | ~$53,373,304 | ~$51,097,090 | ~1.8160% | ~$927,920 | +52.9% |
| 2030 | ~$59,353,831 | ~$56,206,799 | ~1.7129% | ~$962,792 | +70.1% |
In 2025, this property's market value of $34,900,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 25× 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 | $34,900,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $52,750,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $36,896,150 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $28,800,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $24,538,833 | $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.