1514 PARKER LN 212 TX 78741
| Owner | FRANK JEFFREY B |
|---|---|
| Parcel ID | 0303050361 |
| Short ID | 284907 |
| Type | Real |
| Use Code | 15 Condominium (Stacked) |
| Valuation | Cost |
| Improvement SF | 776 SF |
| Land SF | 41,872 SF |
| Acres | 0.961 |
| Year Built | 1982 |
| Legal | UNT 212 BLD C PARKER SQUARE CONDOMINIUMS PLUS 5.005%INT IN COMMON AREA |
| Neighborhood | F0180 |
| Land | $2,093,571 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,093,571 |
| Improvement | $3,529,502 |
|---|---|
| Total Improvement | $3,529,502 |
| Market | $5,623,073 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,623,073 |
| Value Limitation Adjustment (−) (homestead cap) | −$309,294 |
| Net Appraised (assessed) | $5,313,779 |
| Exemptions (−) (HS,OV65) | −$1,289,647 |
|---|---|
| Taxable Value | $4,024,132 |
| Total Due | $5,043.17 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +36.8% from $4,111,385 (2021) to $5,623,073 (2025), a CAGR of 8.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Residential parcel countywide rose +45.8%, so this parcel has lagged the broader residential 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 $82,353. Austin ISD is the largest single contributor, at 40.0% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($5,110,831, ~90.9% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Single-family residential. Buyer should verify which exemptions carry and which reset at sale. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 37% of market value ($2,093,571 land vs $3,529,502 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,623,073, this parcel sits in the top quartile (≥75th percentile) of Residential property in Travis County — county median $479,535 (P25 $358,633 / P75 $737,055, n=318,609). Residential here is the broad TCAD category — every residential 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 $8,316,789 by 2030, with an estimated annual tax burden around $156,667. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $5,043.17 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 776 SF | ✓ |
| 252 | BEDROOMS | 1 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 284907 | JOHNSTON LAUREN | 1514 PARKER LN 101 78741 | $214,287 | $214,287 | $26,161 |
| 284908 | JRH NATIONAL LLC | 1514 PARKER LN 102 78741 | $176,123 | $176,123 | $176,123 |
| 284909 | DISMUKES JAMES PHILIP | 1514 PARKER LN 103 78741 | $214,287 | $214,287 | $214,287 |
| 284910 | MCDOUGAL CHRISTOPHER SCOTT | 1514 PARKER LN 201 78741 | $278,947 | $186,102 | $3,613 |
| 284911 | NATAL YOLANDA P | 1514 PARKER LN 202 78741 | $249,518 | $249,518 | $54,345 |
| 284912 | JABLON IKE BENJAMIN K & ADAM GOTTLIEB | 1514 PARKER LN 203 78741 | $242,068 | $242,068 | $193,654 |
| 284913 | TOUGH STEVEN | 1514 PARKER LN 204 78741 | $229,465 | $229,465 | $229,465 |
| 284914 | FENWAY 21 LLC | 1514 PARKER LN 104 78741 | $214,287 | $214,287 | $214,287 |
| 284915 | SMITH TERRY DEAN & BONNIE & ADAM | 1514 PARKER LN 105 78741 | $214,287 | $214,287 | $214,287 |
| 284916 | HOYT GEORGE & LISA | 1514 PARKER LN 106 78741 | $234,037 | $234,037 | $234,037 |
| 284917 | HORNET CAPITAL LLC | 1514 PARKER LN 107 78741 | $214,287 | $214,287 | $214,287 |
| 284918 | DYMOWSKI COURTNEY | 1514 PARKER LN 205 78741 | $260,415 | $260,415 | $208,332 |
| 284919 | SELF DIRECTED IRA SERVICES INC | 1514 PARKER LN 206 78741 | $254,067 | $254,067 | $254,067 |
| 284920 | OGLESBY ARIS D | 1514 PARKER LN 207 78741 | $303,827 | $303,827 | $303,827 |
| 284921 | ARTISCHEV DENNIS & | 1514 PARKER LN 208 78741 | $242,068 | $242,068 | $217,861 |
| 284922 | DAHANAYAKE NATASHA M | 1514 PARKER LN 108 78741 | $176,275 | $176,275 | $176,275 |
| 284923 | WEBB MARK | 1514 PARKER LN 109 78741 | $218,000 | $218,000 | $218,000 |
| 284924 | CRUZ DE VIETO CRISTINA | 1514 PARKER LN 110 78741 | $214,287 | $214,287 | $214,287 |
| 284925 | FENWAY 21 LLC | 1514 PARKER LN 111 78741 | $234,037 | $234,037 | $234,037 |
| 284926 | NGUYEN VI & NGUYET THI LE & | 1514 PARKER LN 209 78741 | $200,000 | $200,000 | $160,000 |
| 284927 | ZAMER AHMAD H & SUSAN J HIGGINS-ZAMER & | 1514 PARKER LN 210 78741 | $249,518 | $249,518 | $199,614 |
| 284928 | WOODS MORRIS L | 1514 PARKER LN 211 78741 | $278,947 | $186,102 | $3,613 |
| 284929 | FRANK JEFFREY B | 1514 PARKER LN 212 78741 | $278,947 | $278,947 | $223,158 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $31,543.45 | $29,560.87 | $1,982.58 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,806.60 | $20,683.70 | $1,122.90 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,823.89 | $15,018.50 | $805.39 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,919.48 | $4,666.57 | $252.91 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,718.82 | $4,497.25 | $221.57 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $78,812.24 | $74,426.89 | $4,385.35 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,391,981 | $5,623,073 | -4.1% |
| Assessed Value | $5,206,291 | $5,313,779 | -2.0% |
| Land Value | $2,093,571 | $2,093,571 | +0.0% |
| Improvement Value | $3,298,410 | $3,529,502 | -6.5% |
| Taxable Value | $4,187,617 | $4,024,132 | +4.1% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$185,690 | -$5,110,831 (2024) | |
| Total Tax 2026 = estimate |
~$85,699
Estimated
|
~$78,812
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,593,330 | $5,391,981 | -201,349 (-3.6%) |
| Taxable Value | $4,374,776 | $4,187,617 | -187,159 (-4.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,391,981 | $2,093,571 | $3,298,410 | −$185,690 | $5,206,291 | $4,187,617 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,623,073 | $2,093,571 | $3,529,502 | −$309,294 | $5,313,779 | $4,024,132 | ~$78,812 | Partial |
| 2024 | $5,607,344 | — | — | −$4,769,911 | $837,433 | $— | $79,384 | Verified |
| 2023 | $5,829,265 | — | — | −$4,991,832 | $837,433 | $— | $67,784 | Verified |
| 2022 | $4,131,471 | — | — | −$3,294,038 | $837,433 | $— | $78,365 | Verified |
| 2021 | $4,111,385 | — | — | −$3,692,680 | $418,705 | $— | $69,357 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2024 | +3.8% | +3.8% | ~100% | 1.3300% | Verified |
| 2023 | +1.7% | +1.7% | ~100% | 1.2000% | Verified |
| 2022 | +25.0% | +25.0% | ~100% | 1.3200% | Verified |
| 2021 | base year | — | ~100% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.1% | +6.8% | +9.1% | +41.1% | 2023 | -4.1% | 2026 |
| Assessment Ratio | 96.6% | 41.8% | — | 96.6% | 2026 | 10.2% | 2021 |
| Effective Tax Rate (2025) | 1.3800% | 1.3800% | — | 1.3800% | 2025 | 1.3800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$78,812 | $74,740 | ~$137,398 | $79,384 | 2024 | $67,784 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,080,932 | ~$5,845,157 | ~2.0139% | ~$117,718 | +8.1% |
| 2027 | ~$6,576,071 | ~$6,429,673 | ~1.9814% | ~$127,397 | +16.9% |
| 2028 | ~$7,111,528 | ~$7,072,640 | ~1.9488% | ~$137,834 | +26.5% |
| 2029 | ~$7,690,584 | ~$7,690,584 | ~1.9163% | ~$147,374 | +36.8% |
| 2030 | ~$8,316,789 | ~$8,316,789 | ~1.8837% | ~$156,667 | +47.9% |
| 2026 | ~$5,968,470 | ~$5,845,157 | ~2.0465% | ~$119,620 | +6.1% |
| 2027 | ~$6,335,083 | ~$6,335,083 | ~2.0465% | ~$129,647 | +12.7% |
| 2028 | ~$6,724,216 | ~$6,724,216 | ~2.0465% | ~$137,610 | +19.6% |
| 2029 | ~$7,137,250 | ~$7,137,250 | ~2.0465% | ~$146,063 | +26.9% |
| 2030 | ~$7,575,656 | ~$7,575,656 | ~2.0465% | ~$155,035 | +34.7% |
| 2026 | ~$6,193,393 | ~$5,845,157 | ~1.9977% | ~$116,766 | +10.1% |
| 2027 | ~$6,821,558 | ~$6,429,673 | ~1.9488% | ~$125,304 | +21.3% |
| 2028 | ~$7,513,434 | ~$7,072,640 | ~1.9000% | ~$134,381 | +33.6% |
| 2029 | ~$8,275,484 | ~$7,779,904 | ~1.8512% | ~$144,021 | +47.2% |
| 2030 | ~$9,114,825 | ~$8,557,894 | ~1.8024% | ~$154,245 | +62.1% |
In 2025, this property's market value of $5,623,073 places it in the top 25% for Residential properties in Travis County (318609 comparable) — 12× the county median of $479,535. Residential here is the broad TCAD category — every residential 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 | $5,623,073 | $358,633 | $479,535 | $737,055 | ↑ Top 25% | -6.4% |
| 2024 | $5,607,344 | $384,868 | $512,735 | $786,167 | ↑ Top 25% | -8.7% |
| 2023 | $5,829,265 | $424,496 | $565,716 | $845,447 | ↑ Top 25% | -2.1% |
| 2022 | $4,131,471 | $435,080 | $581,770 | $864,060 | ↑ Top 25% | +53.2% |
| 2021 | $4,111,385 | $239,232 | $328,865 | $488,922 | ↑ 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.