5624 N LAMAR BLVD TX 78751
| Owner | RETA VENTURES LLC |
|---|---|
| Parcel ID | 0228070413 |
| Short ID | 228892 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 1,500 SF |
| Land SF | 10,228 SF |
| Acres | 0.235 |
| Year Built | 1956 |
| Legal | LOT 3-4 STARK ADDN |
| Neighborhood | 83CEN |
| Land | $1,022,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,022,800 |
| Improvement | $141,807 |
|---|---|
| Total Improvement | $141,807 |
| Market | $1,164,607 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,164,607 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,164,607 |
| Taxable Value | $1,164,607 |
|---|
Appreciation: Market value has risen +47.5% from $789,408 (2021) to $1,164,607 (2025), a CAGR of 10.2% 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 +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 $23,834. 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 88% of market value ($1,022,800 land vs $141,807 improvements), about $100/SF of land. With value concentrated in the land under a ~70-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,164,607, this parcel sits in the lower-middle (25th–50th 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 +9.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,007,978 by 2031, with an estimated annual tax burden around $37,825. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,610 SF | ✗ |
| 1ST | 1st Floor | 1,500 SF | ✓ |
| 541 | FENCE COMM LF | 112 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% | $10,774.94 | $10,774.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,102.74 | $6,102.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,377.12 | $4,377.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,374.50 | $1,374.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,204.20 | $1,204.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,833.50 | $23,833.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,774.94 | 45.2% |
| CAT City of Austin | 0.5240% | $6,102.74 | 25.6% |
| TCO Travis County | 0.3758% | $4,377.12 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,374.50 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,204.20 | 5.1% |
| Total | 2.0465% | $23,833.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,259,013 | $1,164,607 | +8.1% |
| Assessed Value | $1,259,013 | $1,164,607 | +8.1% |
| Land Value | $1,022,800 | $1,022,800 | +0.0% |
| Improvement Value | $236,213 | $141,807 | +66.6% |
| Taxable Value | $1,259,013 | $1,164,607 | +8.1% |
| Total Tax 2026 = estimate |
~$25,766
Estimated
|
~$23,834
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,259,013 | $1,022,800 | $236,213 | — | $1,259,013 | $1,259,013 | Not yet — post-cert | Preliminary |
| 2025 | $1,164,607 | $1,022,800 | $141,807 | — | $1,164,607 | $1,164,607 | ~$23,834 | Partial |
| 2024 | $1,161,701 | $1,022,800 | $138,901 | — | $1,161,701 | $1,161,701 | $23,023 | Verified |
| 2023 | $1,128,614 | $1,022,800 | $105,814 | — | $1,128,614 | $1,128,614 | $19,075 | Verified |
| 2022 | $998,758 | $869,380 | $129,378 | — | $998,758 | $998,758 | $17,927 | Verified |
| 2021 | $789,408 | $664,820 | $124,588 | — | $789,408 | $789,408 | $15,237 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | +2.9% | +2.9% | ~100% | No billing data | Verified |
| 2023 | +13.0% | +13.0% | ~100% | No billing data | Verified |
| 2022 | +26.5% | +26.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.1% | +10.2% | +9.8% | +26.5% | 2022 | +0.3% | 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
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,834 | $19,819 | ~$32,649 | $23,834 | 2025 | $15,237 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,382,216 | ~$1,382,216 | ~2.0139% | ~$27,837 | +9.8% |
| 2028 | ~$1,517,476 | ~$1,517,476 | ~1.9814% | ~$30,067 | +20.5% |
| 2029 | ~$1,665,971 | ~$1,665,971 | ~1.9488% | ~$32,467 | +32.3% |
| 2030 | ~$1,828,998 | ~$1,828,998 | ~1.9163% | ~$35,049 | +45.3% |
| 2031 | ~$2,007,978 | ~$2,007,978 | ~1.8837% | ~$37,825 | +59.5% |
| 2027 | ~$1,357,036 | ~$1,357,036 | ~2.0465% | ~$27,772 | +7.8% |
| 2028 | ~$1,462,690 | ~$1,462,690 | ~2.0465% | ~$29,934 | +16.2% |
| 2029 | ~$1,576,571 | ~$1,576,571 | ~2.0465% | ~$32,264 | +25.2% |
| 2030 | ~$1,699,318 | ~$1,699,318 | ~2.0465% | ~$34,776 | +35.0% |
| 2031 | ~$1,831,622 | ~$1,831,622 | ~2.0465% | ~$37,484 | +45.5% |
| 2027 | ~$1,407,396 | ~$1,384,914 | ~1.9977% | ~$27,666 | +11.8% |
| 2028 | ~$1,573,268 | ~$1,523,406 | ~1.9488% | ~$29,689 | +25.0% |
| 2029 | ~$1,758,688 | ~$1,675,746 | ~1.9000% | ~$31,839 | +39.7% |
| 2030 | ~$1,965,962 | ~$1,843,321 | ~1.8512% | ~$34,123 | +56.2% |
| 2031 | ~$2,197,664 | ~$2,027,653 | ~1.8024% | ~$36,546 | +74.6% |
In 2025, this property's market value of $1,164,607 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -16% below 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 | $1,164,607 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,161,701 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,128,614 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $998,758 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $789,408 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |