3700 PARMER LN TX 78727
| Owner | 3700 WEST PARMER LLC |
|---|---|
| Parcel ID | 0264100906 |
| Short ID | 479389 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,844 SF |
| Land SF | 58,065 SF |
| Acres | 1.333 |
| Year Built | 1999 |
| Legal | LOT 2 PARMER PROFESSIONAL CENTER |
| Neighborhood | 52FNW |
| Land | $870,975 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $870,975 |
| Improvement | $1,251,992 |
|---|---|
| Total Improvement | $1,251,992 |
| Market | $2,122,967 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,122,967 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,122,967 |
| Taxable Value | $2,122,967 |
|---|
Appreciation: Market value has fallen -36.8% from $3,360,999 (2021) to $2,122,967 (2025), a CAGR of -10.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $43,446. 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 41% of market value ($870,975 land vs $1,251,992 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,122,967, 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 -10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,195,465 by 2030, with an estimated annual tax burden around $22,519. 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 | 31,540 SF | ✗ |
| 491 | SPRINKLER HEADS | 17,234 SF | ✗ |
| 1ST | 1st Floor | 8,422 SF | ✓ |
| 2ND | 2nd Floor | 8,422 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 4,400 SF | ✗ |
| 501 | CANOPY | 480 SF | ✗ |
| LOBBY | Lobby | 390 SF | ✓ |
| 482 | LIGHT POLES | 9 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $19,641.69 | $19,641.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,124.71 | $11,124.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,979.07 | $7,979.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,505.59 | $2,505.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,195.15 | $2,195.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,446.21 | $43,446.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,985,316 | $2,122,967 | -6.5% |
| Assessed Value | $1,985,316 | $2,122,967 | -6.5% |
| Land Value | $870,975 | $870,975 | +0.0% |
| Improvement Value | $1,114,341 | $1,251,992 | -11.0% |
| Taxable Value | $1,985,316 | $2,122,967 | -6.5% |
| Total Tax 2026 = estimate |
~$40,629
Estimated
|
~$43,446
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,985,316 | $1,985,316 | +0 (+0.0%) |
| Taxable Value | $1,985,316 | $1,985,316 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,985,316 | $870,975 | $1,114,341 | — | $1,985,316 | $1,985,316 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,122,967 | $870,975 | $1,251,992 | — | $2,122,967 | $2,122,967 | ~$43,446 | Partial |
| 2024 | $2,967,572 | — | — | −$2,096,597 | $870,975 | $— | $53,411 | Verified |
| 2023 | $3,274,827 | — | — | −$2,403,852 | $870,975 | $— | $53,691 | Verified |
| 2022 | $2,962,000 | — | — | −$2,091,025 | $870,975 | $— | $64,675 | Verified |
| 2021 | $3,360,999 | — | — | −$2,490,024 | $870,975 | $— | $64,473 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2025 | -21.2% | -21.2% | ~100% | Not available | Partial |
| 2024 | -9.2% | -9.2% | ~100% | 1.9800% | Verified |
| 2023 | -9.4% | -9.4% | ~100% | 1.8100% | Verified |
| 2022 | +10.6% | +10.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | -9.1% | -9.6% | +10.6% | 2023 | -28.5% | 2025 |
| Assessment Ratio | 100.0% | 51.9% | — | 100.0% | 2025 | 25.9% | 2021 |
| 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 |
$43,446 | $55,939 | ~$29,815 | $64,675 | 2022 | $43,446 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,892,614 | ~$1,892,614 | ~2.0139% | ~$38,116 | -10.9% |
| 2027 | ~$1,687,255 | ~$1,687,255 | ~1.9814% | ~$33,431 | -20.5% |
| 2028 | ~$1,504,179 | ~$1,504,179 | ~1.9488% | ~$29,314 | -29.1% |
| 2029 | ~$1,340,967 | ~$1,340,967 | ~1.9163% | ~$25,697 | -36.8% |
| 2030 | ~$1,195,465 | ~$1,195,465 | ~1.8837% | ~$22,519 | -43.7% |
| 2026 | ~$2,016,819 | ~$2,016,819 | ~2.0465% | ~$41,274 | -5.0% |
| 2027 | ~$1,915,978 | ~$1,915,978 | ~2.0465% | ~$39,210 | -9.7% |
| 2028 | ~$1,820,179 | ~$1,820,179 | ~2.0465% | ~$37,250 | -14.3% |
| 2029 | ~$1,729,170 | ~$1,729,170 | ~2.0465% | ~$35,387 | -18.5% |
| 2030 | ~$1,642,711 | ~$1,642,711 | ~2.0465% | ~$33,618 | -22.6% |
| 2026 | ~$1,935,073 | ~$1,935,073 | ~1.9977% | ~$38,656 | -8.9% |
| 2027 | ~$1,763,809 | ~$1,763,809 | ~1.9488% | ~$34,374 | -16.9% |
| 2028 | ~$1,607,702 | ~$1,607,702 | ~1.9000% | ~$30,547 | -24.3% |
| 2029 | ~$1,465,412 | ~$1,465,412 | ~1.8512% | ~$27,128 | -31.0% |
| 2030 | ~$1,335,715 | ~$1,335,715 | ~1.8024% | ~$24,075 | -37.1% |
In 2025, this property's market value of $2,122,967 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +50% 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 | $2,122,967 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,967,572 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,274,827 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,962,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,360,999 | $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.