400 PARKER DR TX 78728
| Owner | PROLOGIS |
|---|---|
| Parcel ID | 0284200207 |
| Short ID | 507199 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 72,000 SF |
| Land SF | 236,868 SF |
| Acres | 5.438 |
| Year Built | 2001 |
| Legal | LOT 1 BLK B PROLOGIS SUBD |
| Neighborhood | 64FNOR |
| Land | $947,472 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $947,472 |
| Improvement | $10,552,528 |
|---|---|
| Total Improvement | $10,552,528 |
| Market | $11,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,500,000 |
| Taxable Value | $11,500,000 |
|---|
Appreciation: Market value has risen +34.6% from $8,544,667 (2021) to $11,500,000 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 1.8624% in 2025 (+0.0556% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $214,172. Round Rock ISD is the largest single contributor, at 48.0% 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 8% of market value ($947,472 land vs $10,552,528 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,500,000, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,670,599 by 2030, with an estimated annual tax burden around $259,995. 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 | 105,659 SF | ✗ |
| 1ST | 1st Floor | 72,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 72,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 39,625 SF | ✗ |
| 881 | COMMCL FINISHOUT | 22,025 SF | ✓ |
| 501 | CANOPY | 750 SF | ✗ |
| 408 | LOADING RAMP | 550 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $102,706.50 | $102,706.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,222.18 | $43,222.18 | Paid |
| CRR City of Round Rock | 0.3970% | 0.3420% | 0.3420% | 0.3600% | 0.3720% | +0.0120% | $42,780.00 | $42,780.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,572.65 | $13,572.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,891.00 | $11,891.00 | Paid |
| Combined Rate | 2.1046% | 1.9202% | 1.7649% | 1.8068% | 1.8624% | +0.0556% | $214,172.33 | $214,172.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,990,000 | $11,500,000 | +4.3% |
| Assessed Value | $11,990,000 | $11,500,000 | +4.3% |
| Land Value | $947,472 | $947,472 | +0.0% |
| Improvement Value | $11,042,528 | $10,552,528 | +4.6% |
| Taxable Value | $11,990,000 | $11,500,000 | +4.3% |
| Total Tax 2026 = estimate |
~$223,298
Estimated
|
~$214,172
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,990,000 | $11,990,000 | +0 (+0.0%) |
| Taxable Value | $11,990,000 | $11,990,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,990,000 | $947,472 | $11,042,528 | — | $11,990,000 | $11,990,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,500,000 | $947,472 | $10,552,528 | — | $11,500,000 | $11,500,000 | ~$214,172 | Partial |
| 2024 | $11,132,589 | — | — | −$10,185,117 | $947,472 | $— | $185,528 | Verified |
| 2023 | $8,600,000 | — | — | −$7,652,528 | $947,472 | $— | $183,444 | Verified |
| 2022 | $8,071,000 | — | — | −$7,123,528 | $947,472 | $— | $166,620 | Verified |
| 2021 | $8,544,667 | — | — | −$7,597,195 | $947,472 | $— | $165,441 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.3% | +4.3% | ~100% | Not available | Partial |
| 2025 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2024 | -1.2% | -1.2% | ~100% | 1.6900% | Verified |
| 2023 | +10.2% | +10.2% | ~100% | 1.6500% | Verified |
| 2022 | +25.1% | +25.1% | ~100% | 1.6500% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.3% | +7.6% | +6.8% | +29.4% | 2024 | -5.5% | 2022 |
| Assessment Ratio | 100.0% | 40.4% | — | 100.0% | 2025 | 8.5% | 2024 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$214,172 | $183,041 | ~$241,552 | $214,172 | 2025 | $165,441 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,386,497 | ~$12,386,497 | ~1.8018% | ~$223,182 | +7.7% |
| 2027 | ~$13,341,332 | ~$13,341,332 | ~1.7413% | ~$232,308 | +16.0% |
| 2028 | ~$14,369,772 | ~$14,369,772 | ~1.6807% | ~$241,514 | +25.0% |
| 2029 | ~$15,477,490 | ~$15,477,490 | ~1.6202% | ~$250,760 | +34.6% |
| 2030 | ~$16,670,599 | ~$16,670,599 | ~1.5596% | ~$259,995 | +45.0% |
| 2026 | ~$12,156,497 | ~$12,156,497 | ~1.8624% | ~$226,399 | +5.7% |
| 2027 | ~$12,850,472 | ~$12,850,472 | ~1.8624% | ~$239,323 | +11.7% |
| 2028 | ~$13,584,063 | ~$13,584,063 | ~1.8624% | ~$252,985 | +18.1% |
| 2029 | ~$14,359,533 | ~$14,359,533 | ~1.8624% | ~$267,427 | +24.9% |
| 2030 | ~$15,179,272 | ~$15,179,272 | ~1.8624% | ~$282,694 | +32.0% |
| 2026 | ~$12,616,497 | ~$12,616,497 | ~1.7715% | ~$223,506 | +9.7% |
| 2027 | ~$13,841,392 | ~$13,841,392 | ~1.6807% | ~$232,634 | +20.4% |
| 2028 | ~$15,185,207 | ~$15,185,207 | ~1.5899% | ~$241,427 | +32.0% |
| 2029 | ~$16,659,489 | ~$16,659,489 | ~1.4991% | ~$249,734 | +44.9% |
| 2030 | ~$18,276,905 | ~$18,276,905 | ~1.4082% | ~$257,379 | +58.9% |
In 2025, this property's market value of $11,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $11,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,132,589 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,071,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,544,667 | $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.