1301 LAMAR BLVD 78704
| Owner | SEAMLESS SOLA I LP |
|---|---|
| Parcel ID | 0100032803 |
| Short ID | 956870 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 270,000 SF |
| Land SF | 68,583 SF |
| Acres | 1.574 |
| Year Built | 2022 |
| Legal | BOULDIN MASTER CONDOMINIUM UNT RESIDENTIAL UNIT 40.50%INT IN COMMON AREA |
| Neighborhood | K1000 |
| Land | $11,659,025 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,659,025 |
| Improvement | $61,329,312 |
|---|---|
| Total Improvement | $61,329,312 |
| Market | $72,988,337 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $72,988,337 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $72,988,337 |
| Taxable Value | $72,988,337 |
|---|
Appreciation: Market value has risen +9967.4% from $725,000 (2022) to $72,988,337 (2025), a CAGR of 365.2% over 3 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide fell -15.5%, so this parcel has outpaced the broader multi-family 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 $1,493,695. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 16% of market value ($11,659,025 land vs $61,329,312 improvements), about $170/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $72,988,337, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +278.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $114,471,922,536 by 2031, with an estimated annual tax burden around $4,494,751. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 270,000 SF | ✓ |
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.
| 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% | $675,288.09 | $675,288.09 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $382,471.29 | $382,471.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $274,323.02 | $274,323.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $86,143.02 | $86,143.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $75,469.94 | $75,469.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,493,695.36 | $1,493,695.36 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $675,288.09 | 45.2% |
| CAT City of Austin | 0.5240% | $382,471.29 | 25.6% |
| TCO Travis County | 0.3758% | $274,323.02 | 18.4% |
| THD Travis Central Health | 0.1180% | $86,143.02 | 5.8% |
| ACT Austin Community College | 0.1034% | $75,469.94 | 5.1% |
| Total | 2.0465% | $1,493,695.36 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $148,156,483 | $72,988,337 | +103.0% |
| Assessed Value | $148,156,483 | $72,988,337 | +103.0% |
| Land Value | $11,659,025 | $11,659,025 | +0.0% |
| Improvement Value | $136,497,458 | $61,329,312 | +122.6% |
| Taxable Value | $148,156,483 | $72,988,337 | +103.0% |
| Total Tax 2026 = estimate |
~$3,032,000
Estimated
|
~$1,493,695
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $148,156,483 | $11,659,025 | $136,497,458 | — | $148,156,483 | $148,156,483 | Not yet — post-cert | Preliminary |
| 2025 | $72,988,337 | $11,659,025 | $61,329,312 | — | $72,988,337 | $72,988,337 | ~$1,493,695 | Partial |
| 2024 | $47,425,925 | $11,659,025 | $35,766,900 | — | $47,425,925 | $47,425,925 | $939,894 | Verified |
| 2023 | $17,390,153 | $11,659,025 | $5,731,128 | — | $17,390,153 | $17,390,153 | $293,074 | Verified |
| 2022 | $725,000 | $725,000 | — | — | $725,000 | $725,000 | $14,318 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +103.0% ! | +103.0% | ~100% | Not available | Partial |
| 2025 | +53.9% | +53.9% | ~100% | Not available | Partial |
| 2024 | +172.7% ! | +172.7% | ~100% | No billing data | Verified |
| 2023 | +2298.6% ! | +2298.6% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9967.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +103.0% | +657.0% | +278.1% | +2298.6% | 2023 | +53.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| 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 |
$1,493,695 | $685,245 | ~$3,865,741 | $1,493,695 | 2025 | $14,318 | 2022 |
Market value changed by 2299% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$560,165,456 | ~$162,972,131 | ~2.0139% | ~$3,282,155 | +278.1% |
| 2028 | ~$2,117,931,876 | ~$179,269,344 | ~1.9814% | ~$3,552,021 | +1329.5% |
| 2029 | ~$8,007,697,339 | ~$197,196,279 | ~1.9488% | ~$3,843,039 | +5304.9% |
| 2030 | ~$30,276,335,800 | ~$216,915,907 | ~1.9163% | ~$4,156,740 | +20335.4% |
| 2031 | ~$114,471,922,536 | ~$238,607,497 | ~1.8837% | ~$4,494,751 | +77164.2% |
| 2027 | ~$557,202,326 | ~$162,972,131 | ~2.0465% | ~$3,335,200 | +276.1% |
| 2028 | ~$2,095,584,520 | ~$179,269,344 | ~2.0465% | ~$3,668,720 | +1314.4% |
| 2029 | ~$7,881,292,440 | ~$197,196,279 | ~2.0465% | ~$4,035,592 | +5219.6% |
| 2030 | ~$29,640,785,148 | ~$216,915,907 | ~2.0465% | ~$4,439,151 | +19906.4% |
| 2031 | ~$111,476,150,759 | ~$238,607,497 | ~2.0465% | ~$4,883,067 | +75142.2% |
| 2027 | ~$563,128,586 | ~$162,972,131 | ~1.9977% | ~$3,255,633 | +280.1% |
| 2028 | ~$2,140,397,757 | ~$179,269,344 | ~1.9488% | ~$3,493,672 | +1344.7% |
| 2029 | ~$8,135,446,635 | ~$197,196,279 | ~1.9000% | ~$3,746,762 | +5391.1% |
| 2030 | ~$30,922,052,573 | ~$216,915,907 | ~1.8512% | ~$4,015,534 | +20771.2% |
| 2031 | ~$117,531,756,789 | ~$238,607,497 | ~1.8024% | ~$4,300,593 | +79229.5% |
In 2025, this property's market value of $72,988,337 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 141× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $72,988,337 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $47,425,925 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $17,390,153 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $725,000 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2022–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Coordinates cached from a prior lookup | — |