3951 PARMER LN TX 78727
| Owner | GROUP INVESTMENT HOLDINGS LLC |
|---|---|
| Parcel ID | 0264080148 |
| Short ID | 479291 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 6,261 SF |
| Land SF | 40,075 SF |
| Acres | 0.920 |
| Year Built | 2002 |
| Legal | LOT 4 BLK T MILWOOD SEC 6 RESUB OF LOT 37 THE |
| Neighborhood | 58FNW |
| Land | $500,938 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $500,938 |
| Improvement | $1,712,134 |
|---|---|
| Total Improvement | $1,712,134 |
| Market | $2,213,072 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,213,072 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,213,072 |
| Taxable Value | $2,213,072 |
|---|
Appreciation: Market value has risen +42.0% from $1,558,586 (2021) to $2,213,072 (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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $45,290. 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 23% of market value ($500,938 land vs $1,712,134 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,213,072, this parcel sits in the upper-middle (50th–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 $3,430,256 by 2030, with an estimated annual tax burden around $64,617. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,261 SF | ✓ |
| 551 | PAVED AREA | 5,000 SF | ✗ |
| 503 | CANOPY - BANK | 1,269 SF | ✗ |
| 501 | CANOPY | 744 SF | ✗ |
| SO | Sketch Only | 76 SF | ✗ |
| 541 | FENCE COMM LF | 48 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $20,475.34 | $20,475.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,596.87 | $11,596.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,317.72 | $8,317.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,611.93 | $2,611.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,288.32 | $2,288.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,290.18 | $45,290.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,310,796 | $2,213,072 | +4.4% |
| Assessed Value | $2,310,796 | $2,213,072 | +4.4% |
| Land Value | $500,938 | $500,938 | +0.0% |
| Improvement Value | $1,809,858 | $1,712,134 | +5.7% |
| Taxable Value | $2,310,796 | $2,213,072 | +4.4% |
| Total Tax 2026 = estimate |
~$47,290
Estimated
|
~$45,290
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,539,336 | $2,310,796 | -228,540 (-9.0%) |
| Taxable Value | $2,539,336 | $2,310,796 | -228,540 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,310,796 | $500,938 | $1,809,858 | — | $2,310,796 | $2,310,796 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,213,072 | $500,938 | $1,712,134 | — | $2,213,072 | $2,213,072 | ~$45,290 | Partial |
| 2024 | $1,940,000 | — | — | −$1,439,062 | $500,938 | $— | $43,859 | Verified |
| 2023 | $1,565,677 | — | — | −$1,064,739 | $500,938 | $— | $35,099 | Verified |
| 2022 | $1,565,677 | — | — | −$1,064,739 | $500,938 | $— | $30,921 | Verified |
| 2021 | $1,558,586 | — | — | −$1,077,686 | $480,900 | $— | $34,080 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.7% | +14.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +14.1% | +14.1% | ~100% | 1.9800% | Verified |
| 2023 | +23.9% | +23.9% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.4% | +8.6% | +8.2% | +23.9% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 53.4% | — | 100.0% | 2025 | 25.8% | 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 |
$45,290 | $37,850 | ~$56,368 | $45,290 | 2025 | $30,921 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,415,804 | ~$2,415,804 | ~2.0139% | ~$48,653 | +9.2% |
| 2027 | ~$2,637,108 | ~$2,637,108 | ~1.9814% | ~$52,251 | +19.2% |
| 2028 | ~$2,878,685 | ~$2,878,685 | ~1.9488% | ~$56,101 | +30.1% |
| 2029 | ~$3,142,392 | ~$3,142,392 | ~1.9163% | ~$60,217 | +42.0% |
| 2030 | ~$3,430,256 | ~$3,430,256 | ~1.8837% | ~$64,617 | +55.0% |
| 2026 | ~$2,371,543 | ~$2,371,543 | ~2.0465% | ~$48,533 | +7.2% |
| 2027 | ~$2,541,361 | ~$2,541,361 | ~2.0465% | ~$52,009 | +14.8% |
| 2028 | ~$2,723,340 | ~$2,723,340 | ~2.0465% | ~$55,733 | +23.1% |
| 2029 | ~$2,918,349 | ~$2,918,349 | ~2.0465% | ~$59,724 | +31.9% |
| 2030 | ~$3,127,322 | ~$3,127,322 | ~2.0465% | ~$64,000 | +41.3% |
| 2026 | ~$2,460,066 | ~$2,434,379 | ~1.9977% | ~$48,631 | +11.2% |
| 2027 | ~$2,734,625 | ~$2,677,817 | ~1.9488% | ~$52,186 | +23.6% |
| 2028 | ~$3,039,828 | ~$2,945,599 | ~1.9000% | ~$55,967 | +37.4% |
| 2029 | ~$3,379,093 | ~$3,240,159 | ~1.8512% | ~$59,982 | +52.7% |
| 2030 | ~$3,756,223 | ~$3,564,175 | ~1.8024% | ~$64,240 | +69.7% |
In 2025, this property's market value of $2,213,072 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +56% above 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 | $2,213,072 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,940,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,565,677 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,565,677 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,558,586 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.