5629 N LAMAR BLVD TX
| Owner | ATLAS NORTH LAMAR LP |
|---|---|
| Parcel ID | 0228070501 |
| Short ID | 228900 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 235,476 SF |
| Land SF | 145,451 SF |
| Acres | 3.339 |
| Year Built | — |
| Legal | TRG N LAMAR SUBD |
| Neighborhood | 08NC |
| Land | $12,363,335 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,363,335 |
| Improvement | $56,007,314 |
|---|---|
| Total Improvement | $56,007,314 |
| Market | $68,370,649 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $68,370,649 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $68,370,649 |
| Taxable Value | $68,370,649 |
|---|
Appreciation: Market value has risen +142.9% from $28,145,901 (2021) to $68,370,649 (2025), a CAGR of 24.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 rose +19.0%, 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 $1,399,195. 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 18% of market value ($12,363,335 land vs $56,007,314 improvements), about $85/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $68,370,649, 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 +17.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $141,584,603 by 2031, with an estimated annual tax burden around $1,915,140. 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 | 235,476 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% | $632,565.24 | $632,565.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $358,273.82 | $358,273.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $256,967.67 | $256,967.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $80,693.09 | $80,693.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $70,695.25 | $70,695.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,399,195.07 | $1,399,195.07 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $632,565.24 | 45.2% |
| CAT City of Austin | 0.5240% | $358,273.82 | 25.6% |
| TCO Travis County | 0.3758% | $256,967.67 | 18.4% |
| THD Travis Central Health | 0.1180% | $80,693.09 | 5.8% |
| ACT Austin Community College | 0.1034% | $70,695.25 | 5.1% |
| Total | 2.0465% | $1,399,195.07 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $63,127,064 | $68,370,649 | -7.7% |
| Assessed Value | $63,127,064 | $68,370,649 | -7.7% |
| Land Value | $12,363,335 | $12,363,335 | +0.0% |
| Improvement Value | $50,763,729 | $56,007,314 | -9.4% |
| Taxable Value | $63,127,064 | $68,370,649 | -7.7% |
| Total Tax 2026 = estimate |
~$1,291,886
Estimated
|
~$1,399,195
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $63,127,064 | $12,363,335 | $50,763,729 | — | $63,127,064 | $63,127,064 | Not yet — post-cert | Preliminary |
| 2025 | $68,370,649 | $12,363,335 | $56,007,314 | — | $68,370,649 | $68,370,649 | ~$1,399,195 | Partial |
| 2024 | $70,800,000 | $12,363,335 | $58,436,665 | — | $70,800,000 | $70,800,000 | $1,275,249 | Verified |
| 2023 | $90,970,000 | $12,363,335 | $78,606,665 | — | $90,970,000 | $90,970,000 | $1,458,214 | Verified |
| 2022 | $86,200,000 | $21,017,670 | $65,182,330 | — | $86,200,000 | $86,200,000 | $1,632,963 | Verified |
| 2021 | $28,145,901 | $8,036,168 | $20,109,733 | — | $28,145,901 | $28,145,901 | $612,646 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.7% | -7.7% | ~100% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | -22.2% | -22.2% | ~100% | No billing data | Verified |
| 2023 | +5.5% | +5.5% | ~100% | No billing data | Verified |
| 2022 | +206.3% ! | +206.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +142.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.7% | +35.7% | +17.5% | +206.3% | 2022 | -22.2% | 2024 |
| 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 |
$1,399,195 | $1,275,654 | ~$1,647,129 | $1,632,963 | 2022 | $612,646 | 2021 |
Market value changed by 206% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$74,195,177 | ~$69,439,770 | ~2.0139% | ~$1,398,473 | +17.5% |
| 2028 | ~$87,203,871 | ~$76,383,747 | ~1.9814% | ~$1,513,458 | +38.1% |
| 2029 | ~$102,493,389 | ~$84,022,122 | ~1.9488% | ~$1,637,456 | +62.4% |
| 2030 | ~$120,463,628 | ~$92,424,334 | ~1.9163% | ~$1,771,119 | +90.8% |
| 2031 | ~$141,584,603 | ~$101,666,768 | ~1.8837% | ~$1,915,140 | +124.3% |
| 2027 | ~$72,932,636 | ~$69,439,770 | ~2.0465% | ~$1,421,074 | +15.5% |
| 2028 | ~$84,261,315 | ~$76,383,747 | ~2.0465% | ~$1,563,182 | +33.5% |
| 2029 | ~$97,349,686 | ~$84,022,122 | ~2.0465% | ~$1,719,500 | +54.2% |
| 2030 | ~$112,471,082 | ~$92,424,334 | ~2.0465% | ~$1,891,450 | +78.2% |
| 2031 | ~$129,941,296 | ~$101,666,768 | ~2.0465% | ~$2,080,595 | +105.8% |
| 2027 | ~$75,457,719 | ~$69,439,770 | ~1.9977% | ~$1,387,172 | +19.5% |
| 2028 | ~$90,196,929 | ~$76,383,747 | ~1.9488% | ~$1,488,597 | +42.9% |
| 2029 | ~$107,815,160 | ~$84,022,122 | ~1.9000% | ~$1,596,434 | +70.8% |
| 2030 | ~$128,874,773 | ~$92,424,334 | ~1.8512% | ~$1,710,954 | +104.2% |
| 2031 | ~$154,047,975 | ~$101,666,768 | ~1.8024% | ~$1,832,413 | +144.0% |
In 2025, this property's market value of $68,370,649 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 132× 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 | $68,370,649 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $70,800,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $90,970,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $86,200,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $28,145,901 | $353,349 | $436,046 | $657,886 | ↑ 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 | 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 | — |