5242 N LAMAR BLVD TX 78751
| Owner | EQUITY TRUST COMPANY CUSTODIAN |
|---|---|
| Parcel ID | 0225050140 |
| Short ID | 224898 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 3,633 SF |
| Land SF | 37,803 SF |
| Acres | 0.868 |
| Year Built | 2013 |
| Legal | .8678A OF LOT 2 NEELLEY & MCADEN SUBD |
| Neighborhood | 33CEN |
| Land | $3,969,315 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,969,315 |
| Improvement | $112,739 |
|---|---|
| Total Improvement | $112,739 |
| Market | $4,082,054 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,082,054 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,082,054 |
| Taxable Value | $4,082,054 |
|---|
| Total Due | $96,069.41 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +34.6% from $3,033,000 (2021) to $4,082,054 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 +17.8%, so this parcel has outpaced the broader commercial 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 $83,539. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 97% of market value ($3,969,315 land vs $112,739 improvements), about $105/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,082,054, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +6.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,511,425 by 2031, with an estimated annual tax burden around $103,821. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $96,069.41 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 26,000 SF | ✗ |
| 1ST | 1st Floor | 3,633 SF | ✓ |
| 611 | TERRACE | 670 SF | ✗ |
| 501 | CANOPY | 453 SF | ✗ |
| 327 | STORAGE COMM'L | 136 SF | ✓ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +1,895 |
| Travis County | 0.3444% | 0.3758% | +1,282 |
| Austin ISD | 0.9505% | 0.9252% | -1,033 |
| Travis Central Health | 0.1080% | 0.1180% | +410 |
| Austin Community College | 0.1013% | 0.1034% | +86 |
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% | $37,767.16 | $— | $37,767.16 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,390.66 | $— | $21,390.66 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,342.20 | $— | $15,342.20 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,817.76 | $— | $4,817.76 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,220.84 | $— | $4,220.84 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $83,538.62 | $0.00 | $83,538.62 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $37,767.16 | 45.2% |
| CAT City of Austin | 0.5240% | $21,390.66 | 25.6% |
| TCO Travis County | 0.3758% | $15,342.20 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,817.76 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,220.84 | 5.1% |
| Total | 2.0465% | $83,538.62 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,088,539 | $4,082,054 | +0.2% |
| Assessed Value | $4,088,539 | $4,082,054 | +0.2% |
| Land Value | $3,969,315 | $3,969,315 | +0.0% |
| Improvement Value | $119,224 | $112,739 | +5.8% |
| Taxable Value | $4,088,539 | $4,082,054 | +0.2% |
| Total Tax 2026 = estimate |
~$83,671
Estimated
|
$83,539 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,088,539 | $3,969,315 | $119,224 | — | $4,088,539 | $4,088,539 | Not yet — post-cert | Preliminary |
| 2025 | $4,082,054 | $3,969,315 | $112,739 | — | $4,082,054 | $4,082,054 | $83,539 | Verified |
| 2024 | $4,196,422 | $3,969,315 | $227,107 | — | $4,196,422 | $4,196,422 | $83,165 | Verified |
| 2023 | $4,204,146 | $3,969,315 | $234,831 | — | $4,204,146 | $4,204,146 | $76,063 | Verified |
| 2022 | $3,577,778 | $3,402,270 | $175,508 | — | $3,577,778 | $3,577,778 | $70,658 | Verified |
| 2021 | $3,033,000 | $2,835,225 | $197,775 | — | $3,033,000 | $3,033,000 | $66,019 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | 2.0500% | Verified |
| 2024 | -0.2% | -0.2% | ~100% | No billing data | Verified |
| 2023 | +17.5% | +17.5% | ~100% | No billing data | Verified |
| 2022 | +18.0% | +18.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +6.6% | +6.2% | +18.0% | 2022 | -2.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $83,539 | $75,889 | ~$95,465 | $83,539 | 2025 | $66,019 | 2021 |
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.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,340,176 | ~$4,340,176 | ~2.0139% | ~$87,408 | +6.2% |
| 2028 | ~$4,607,299 | ~$4,607,299 | ~1.9814% | ~$91,288 | +12.7% |
| 2029 | ~$4,890,864 | ~$4,890,864 | ~1.9488% | ~$95,315 | +19.6% |
| 2030 | ~$5,191,881 | ~$5,191,881 | ~1.9163% | ~$99,492 | +27.0% |
| 2031 | ~$5,511,425 | ~$5,511,425 | ~1.8837% | ~$103,821 | +34.8% |
| 2027 | ~$4,258,405 | ~$4,258,405 | ~2.0465% | ~$87,148 | +4.2% |
| 2028 | ~$4,435,328 | ~$4,435,328 | ~2.0465% | ~$90,768 | +8.5% |
| 2029 | ~$4,619,602 | ~$4,619,602 | ~2.0465% | ~$94,539 | +13.0% |
| 2030 | ~$4,811,531 | ~$4,811,531 | ~2.0465% | ~$98,467 | +17.7% |
| 2031 | ~$5,011,435 | ~$5,011,435 | ~2.0465% | ~$102,558 | +22.6% |
| 2027 | ~$4,421,946 | ~$4,421,946 | ~1.9977% | ~$88,336 | +8.2% |
| 2028 | ~$4,782,542 | ~$4,782,542 | ~1.9488% | ~$93,204 | +17.0% |
| 2029 | ~$5,172,543 | ~$5,172,543 | ~1.9000% | ~$98,279 | +26.5% |
| 2030 | ~$5,594,347 | ~$5,594,347 | ~1.8512% | ~$103,562 | +36.8% |
| 2031 | ~$6,050,548 | ~$6,050,548 | ~1.8024% | ~$109,053 | +48.0% |
In 2025, this property's market value of $4,082,054 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +195% above the county median of $1,382,921. 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 | $4,082,054 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,196,422 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,204,146 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,577,778 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,033,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| 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 | 2021–2024 | 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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |