4615 PRIEM LN TX 78660
| Owner | SHIN FRED S & |
|---|---|
| Parcel ID | 0290490206 |
| Short ID | 482748 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 13,875 SF |
| Land SF | 218,192 SF |
| Acres | 5.009 |
| Year Built | 2008 |
| Legal | LOT 3-5 ZAREPHATH |
| Neighborhood | 61NEA |
| Land | $523,661 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $523,661 |
| Improvement | $1,451,339 |
|---|---|
| Total Improvement | $1,451,339 |
| Market | $1,975,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,975,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,975,000 |
| Taxable Value | $1,975,000 |
|---|
Appreciation: Market value has risen +14.5% from $1,725,000 (2021) to $1,975,000 (2025), a CAGR of 3.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 4 taxing entities is 1.6935% in 2025 (+0.0403% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $33,447. Pflugerville ISD is the largest single contributor, at 65.4% 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 27% of market value ($523,661 land vs $1,451,339 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,975,000, 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 +3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,339,051 by 2030, with an estimated annual tax burden around $32,196. 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 | 40,000 SF | ✗ |
| 1ST | 1st Floor | 13,875 SF | ✓ |
| 881 | COMMCL FINISHOUT | 5,475 SF | ✓ |
| 407 | LOADING DOCK | 1,320 SF | ✓ |
| 408 | LOADING RAMP | 880 SF | ✓ |
| 591 | MASONRY TRIM SF | 750 SF | ✗ |
| 611 | TERRACE | 628 SF | ✗ |
| 501 | CANOPY | 628 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% | $21,861.28 | $21,861.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,422.94 | $7,422.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,330.95 | $2,330.95 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $1,832.11 | $1,832.11 | Paid |
| Combined Rate | 1.9472% | 1.7615% | 1.5918% | 1.6532% | 1.6935% | +0.0403% | $33,447.28 | $33,447.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,410,581 | $1,975,000 | +72.7% |
| Assessed Value | $3,410,581 | $1,975,000 | +72.7% |
| Land Value | $523,661 | $523,661 | +0.0% |
| Improvement Value | $2,886,920 | $1,451,339 | +98.9% |
| Taxable Value | $3,410,581 | $1,975,000 | +72.7% |
| Total Tax 2026 = estimate |
~$57,759
Estimated
|
~$33,447
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,410,581 | $3,410,581 | +0 (+0.0%) |
| Taxable Value | $3,410,581 | $3,410,581 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,410,581 | $523,661 | $2,886,920 | — | $3,410,581 | $3,410,581 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,975,000 | $523,661 | $1,451,339 | — | $1,975,000 | $1,975,000 | ~$33,447 | Partial |
| 2024 | $2,141,000 | — | — | −$1,617,339 | $523,661 | $— | $28,497 | Verified |
| 2023 | $1,814,569 | — | — | −$1,290,908 | $523,661 | $— | $34,081 | Verified |
| 2022 | $2,027,500 | — | — | −$1,503,839 | $523,661 | $— | $31,964 | Verified |
| 2021 | $1,725,000 | — | — | −$1,201,339 | $523,661 | $— | $39,479 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +72.7% | +72.7% | ~100% | Not available | Partial |
| 2025 | +14.6% | +14.6% | ~100% | Not available | Partial |
| 2024 | -19.5% | -19.5% | ~100% | 1.6500% | Verified |
| 2023 | +18.0% | +18.0% | ~100% | 1.5900% | Verified |
| 2022 | -10.5% | -10.5% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +72.7% | +18.0% | -5.3% | +72.7% | 2026 | -10.5% | 2023 |
| Assessment Ratio | 100.0% | 51.6% | — | 100.0% | 2025 | 24.5% | 2024 |
| Effective Tax Rate (2025) | 1.6900% | 1.6900% | — | 1.6900% | 2025 | 1.6900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$33,447 | $33,494 | ~$32,806 | $39,479 | 2021 | $28,497 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,042,968 | ~$2,042,968 | ~1.6301% | ~$33,303 | +3.4% |
| 2027 | ~$2,113,275 | ~$2,113,275 | ~1.5667% | ~$33,109 | +7.0% |
| 2028 | ~$2,186,002 | ~$2,186,002 | ~1.5033% | ~$32,862 | +10.7% |
| 2029 | ~$2,261,232 | ~$2,261,232 | ~1.4399% | ~$32,559 | +14.5% |
| 2030 | ~$2,339,051 | ~$2,339,051 | ~1.3765% | ~$32,196 | +18.4% |
| 2026 | ~$2,003,468 | ~$2,003,468 | ~1.6935% | ~$33,929 | +1.4% |
| 2027 | ~$2,032,347 | ~$2,032,347 | ~1.6935% | ~$34,418 | +2.9% |
| 2028 | ~$2,061,641 | ~$2,061,641 | ~1.6935% | ~$34,915 | +4.4% |
| 2029 | ~$2,091,359 | ~$2,091,359 | ~1.6935% | ~$35,418 | +5.9% |
| 2030 | ~$2,121,504 | ~$2,121,504 | ~1.6935% | ~$35,928 | +7.4% |
| 2026 | ~$2,082,468 | ~$2,082,468 | ~1.5984% | ~$33,286 | +5.4% |
| 2027 | ~$2,195,784 | ~$2,195,784 | ~1.5033% | ~$33,009 | +11.2% |
| 2028 | ~$2,315,266 | ~$2,315,266 | ~1.4082% | ~$32,603 | +17.2% |
| 2029 | ~$2,441,250 | ~$2,441,250 | ~1.3131% | ~$32,055 | +23.6% |
| 2030 | ~$2,574,088 | ~$2,574,088 | ~1.2179% | ~$31,351 | +30.3% |
In 2025, this property's market value of $1,975,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +39% 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 | $1,975,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,141,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,814,569 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,027,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,725,000 | $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.