4674 PRIEM LN TX 78660
| Owner | RESERVE 142 LOCKHART LTD |
|---|---|
| Parcel ID | 0290490103 |
| Short ID | 482735 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 69,351 SF |
| Land SF | 219,978 SF |
| Acres | 5.050 |
| Year Built | 2003 |
| Legal | LOT 8 LARKSPUR |
| Neighborhood | 60NEA |
| Land | $1,099,890 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,099,890 |
| Improvement | $9,400,110 |
|---|---|
| Total Improvement | $9,400,110 |
| Market | $10,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,500,000 |
| Taxable Value | $10,500,000 |
|---|
Appreciation: Market value has risen +36.4% from $7,700,000 (2021) to $10,500,000 (2025), a CAGR of 8.1% 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 2.2765% in 2025 (+0.0238% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $239,036. Pflugerville ISD is the largest single contributor, at 48.6% 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 10% of market value ($1,099,890 land vs $9,400,110 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,500,000, 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,472,572 by 2030, with an estimated annual tax burden around $280,746. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 71,136 SF | ✗ |
| 1ST | 1st Floor | 69,351 SF | ✓ |
| 551 | PAVED AREA | 57,300 SF | ✗ |
| 093 | HVAC COMMRCL SF | 23,825 SF | ✗ |
| 881 | COMMCL FINISHOUT | 18,588 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,300 SF | ✗ |
| 611 | TERRACE | 1,800 SF | ✗ |
| 501 | CANOPY | 1,785 SF | ✗ |
| 408 | LOADING RAMP | 1,088 SF | ✓ |
| 272 | COLDSTG VAULT LG | 96 SF | ✓ |
| MISC | Miscellaneous | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $116,224.50 | $116,224.50 | Paid |
| W2G Wmsn Co WSID # 3 | 0.6990% | 0.6420% | 0.6210% | 0.5995% | 0.5830% | -0.0165% | $61,215.00 | $61,215.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,463.73 | $39,463.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,392.42 | $12,392.42 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $9,740.33 | $9,740.33 | Paid |
| Combined Rate | 2.6462% | 2.4035% | 2.2128% | 2.2527% | 2.2765% | +0.0238% | $239,035.98 | $239,035.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,000,000 | $10,500,000 | -4.8% |
| Assessed Value | $10,000,000 | $10,500,000 | -4.8% |
| Land Value | $1,099,890 | $1,099,890 | +0.0% |
| Improvement Value | $8,900,110 | $9,400,110 | -5.3% |
| Taxable Value | $10,000,000 | $10,500,000 | -4.8% |
| Total Tax 2026 = estimate |
~$227,653
Estimated
|
~$239,036
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,530,538 | $10,000,000 | -1,530,538 (-13.3%) |
| Taxable Value | $11,530,538 | $10,000,000 | -1,530,538 (-13.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,000,000 | $1,099,890 | $8,900,110 | — | $10,000,000 | $10,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,500,000 | $1,099,890 | $9,400,110 | — | $10,500,000 | $10,500,000 | ~$239,036 | Partial |
| 2024 | $10,100,000 | — | — | −$9,000,110 | $1,099,890 | $— | $243,716 | Verified |
| 2023 | $9,610,380 | — | — | −$8,510,490 | $1,099,890 | $— | $223,498 | Verified |
| 2022 | $8,329,600 | — | — | −$7,229,710 | $1,099,890 | $— | $230,988 | Verified |
| 2021 | $7,700,000 | — | — | −$6,600,110 | $1,099,890 | $— | $220,416 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.8% | +9.8% | ~100% | Not available | Partial |
| 2025 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2024 | +7.1% | +7.1% | ~100% | 2.2500% | Verified |
| 2023 | +2.4% | +2.4% | ~100% | 2.2100% | Verified |
| 2022 | +18.5% | +18.5% | ~100% | 2.3400% | Verified |
| 2021 | base year | — | ~100% | 2.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | +5.6% | +9.1% | +15.4% | 2023 | -4.8% | 2026 |
| Assessment Ratio | 100.0% | 41.6% | — | 100.0% | 2025 | 10.9% | 2024 |
| Effective Tax Rate (2025) | 2.2800% | 2.2800% | — | 2.2800% | 2025 | 2.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$239,036 | $231,531 | ~$264,596 | $243,716 | 2024 | $220,416 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,346,553 | ~$11,346,553 | ~2.1841% | ~$247,823 | +8.1% |
| 2027 | ~$12,261,358 | ~$12,261,358 | ~2.0917% | ~$256,472 | +16.8% |
| 2028 | ~$13,249,919 | ~$13,249,919 | ~1.9993% | ~$264,905 | +26.2% |
| 2029 | ~$14,318,182 | ~$14,318,182 | ~1.9069% | ~$273,032 | +36.4% |
| 2030 | ~$15,472,572 | ~$15,472,572 | ~1.8145% | ~$280,746 | +47.4% |
| 2026 | ~$11,136,553 | ~$11,136,553 | ~2.2765% | ~$253,527 | +6.1% |
| 2027 | ~$11,811,696 | ~$11,811,696 | ~2.2765% | ~$268,897 | +12.5% |
| 2028 | ~$12,527,770 | ~$12,527,770 | ~2.2765% | ~$285,199 | +19.3% |
| 2029 | ~$13,287,254 | ~$13,287,254 | ~2.2765% | ~$302,489 | +26.5% |
| 2030 | ~$14,092,782 | ~$14,092,782 | ~2.2765% | ~$320,827 | +34.2% |
| 2026 | ~$11,556,553 | ~$11,550,000 | ~2.1379% | ~$246,929 | +10.1% |
| 2027 | ~$12,719,420 | ~$12,705,000 | ~1.9993% | ~$254,011 | +21.1% |
| 2028 | ~$13,999,301 | ~$13,975,500 | ~1.8607% | ~$260,040 | +33.3% |
| 2029 | ~$15,407,967 | ~$15,373,050 | ~1.7221% | ~$264,734 | +46.7% |
| 2030 | ~$16,958,380 | ~$16,910,355 | ~1.5834% | ~$267,766 | +61.5% |
In 2025, this property's market value of $10,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $10,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,610,380 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,329,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,700,000 | $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.