507 E HOWARD LN 1 TX 78753
| Owner | CAPITAL CITY LUCKY HOLDING LLC |
|---|---|
| Parcel ID | 0262280811 |
| Short ID | 874635 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 91,884 SF |
| Land SF | 320,122 SF |
| Acres | 7.349 |
| Year Built | 2019 |
| Legal | LOT 2 PARMER BUSINESS PARK |
| Neighborhood | 66NEA |
| Land | $4,161,592 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,161,592 |
| Improvement | $20,238,408 |
|---|---|
| Total Improvement | $20,238,408 |
| Market | $24,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,400,000 |
| Taxable Value | $24,400,000 |
|---|
Appreciation: Market value has risen +42.2% from $17,156,000 (2021) to $24,400,000 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $543,677. 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 17% of market value ($4,161,592 land vs $20,238,408 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,400,000, 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 $37,897,195 by 2030, with an estimated annual tax burden around $714,246. 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 | 150,500 SF | ✗ |
| 1ST | 1st Floor | 91,884 SF | ✓ |
| 881 | COMMCL FINISHOUT | 91,884 SF | ✓ |
| 093 | HVAC COMMRCL SF | 91,884 SF | ✗ |
| 501 | CANOPY | 2,026 SF | ✗ |
| 611 | TERRACE | 2,026 SF | ✗ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 413 | STAIRWAY EXT | 7 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% | $270,083.60 | $270,083.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $127,860.15 | $127,860.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $91,706.18 | $91,706.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,797.61 | $28,797.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,229.60 | $25,229.60 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $543,677.14 | $543,677.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,400,000 | $24,400,000 | +0.0% |
| Assessed Value | $24,400,000 | $24,400,000 | +0.0% |
| Land Value | $4,161,592 | $4,161,592 | +0.0% |
| Improvement Value | $20,238,408 | $20,238,408 | +0.0% |
| Taxable Value | $24,400,000 | $24,400,000 | +0.0% |
| Total Tax 2026 = estimate |
~$543,677
Estimated
|
~$543,677
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $25,508,500 | $24,400,000 | -1,108,500 (-4.3%) |
| Taxable Value | $25,508,500 | $24,400,000 | -1,108,500 (-4.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,400,000 | $4,161,592 | $20,238,408 | — | $24,400,000 | $24,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,400,000 | $4,161,592 | $20,238,408 | — | $24,400,000 | $24,400,000 | ~$543,677 | Partial |
| 2024 | $29,353,657 | — | — | −$25,192,065 | $4,161,592 | $— | $644,876 | Verified |
| 2023 | $23,000,000 | — | — | −$19,798,776 | $3,201,224 | $— | $558,236 | Verified |
| 2022 | $20,157,113 | — | — | −$18,876,623 | $1,280,490 | $— | $518,631 | Verified |
| 2021 | $17,156,000 | — | — | −$15,875,510 | $1,280,490 | $— | $504,528 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | -19.1% | -19.1% | ~100% | Not available | Partial |
| 2024 | +2.7% | +2.7% | ~100% | 2.1400% | Verified |
| 2023 | +13.8% | +13.8% | ~100% | 1.9000% | Verified |
| 2022 | +28.0% | +28.0% | ~100% | 2.0100% | Verified |
| 2021 | base year | — | ~100% | 2.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.5% | +9.2% | +27.6% | 2024 | -16.9% | 2025 |
| Assessment Ratio | 100.0% | 40.3% | — | 100.0% | 2025 | 6.4% | 2022 |
| 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 |
$543,677 | $553,990 | ~$643,702 | $644,876 | 2024 | $504,528 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$26,646,077 | ~$26,646,077 | ~2.1595% | ~$575,418 | +9.2% |
| 2027 | ~$29,098,910 | ~$29,098,910 | ~2.0908% | ~$608,397 | +19.3% |
| 2028 | ~$31,777,532 | ~$31,777,532 | ~2.0221% | ~$642,570 | +30.2% |
| 2029 | ~$34,702,728 | ~$34,702,728 | ~1.9534% | ~$677,880 | +42.2% |
| 2030 | ~$37,897,195 | ~$37,897,195 | ~1.8847% | ~$714,246 | +55.3% |
| 2026 | ~$26,158,077 | ~$26,158,077 | ~2.2282% | ~$582,850 | +7.2% |
| 2027 | ~$28,042,827 | ~$28,042,827 | ~2.2282% | ~$624,846 | +14.9% |
| 2028 | ~$30,063,378 | ~$30,063,378 | ~2.2282% | ~$669,868 | +23.2% |
| 2029 | ~$32,229,514 | ~$32,229,514 | ~2.2282% | ~$718,133 | +32.1% |
| 2030 | ~$34,551,725 | ~$34,551,725 | ~2.2282% | ~$769,876 | +41.6% |
| 2026 | ~$27,134,077 | ~$26,840,000 | ~2.1251% | ~$570,387 | +11.2% |
| 2027 | ~$30,174,513 | ~$29,524,000 | ~2.0221% | ~$597,002 | +23.7% |
| 2028 | ~$33,555,637 | ~$32,476,400 | ~1.9190% | ~$623,236 | +37.5% |
| 2029 | ~$37,315,624 | ~$35,724,040 | ~1.8160% | ~$648,746 | +52.9% |
| 2030 | ~$41,496,927 | ~$39,296,444 | ~1.7129% | ~$673,127 | +70.1% |
In 2025, this property's market value of $24,400,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $24,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $29,353,657 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $23,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $20,157,113 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $17,156,000 | $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.