7601 N LAMAR BLVD TX 78753
| Owner | MY THANH ORIENTAL MARKET INC |
|---|---|
| Parcel ID | 0234110806 |
| Short ID | 236460 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 27,500 SF |
| Land SF | 75,355 SF |
| Acres | 1.730 |
| Year Built | 1979 |
| Legal | LOT 1 SUMMERCREST |
| Neighborhood | 43CEN |
| Land | $4,163,364 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,163,364 |
| Improvement | $236,636 |
|---|---|
| Total Improvement | $236,636 |
| Market | $4,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,400,000 |
| Taxable Value | $4,400,000 |
|---|
Appreciation: Market value has risen +29.3% from $3,403,351 (2021) to $4,400,000 (2025), a CAGR of 6.6% over 4 years. This represents moderate, steady growth. 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 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 $90,045. 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 95% of market value ($4,163,364 land vs $236,636 improvements), about $55/SF of land. With value concentrated in the land under a ~47-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 $4,400,000, 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 +5.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,688,511 by 2031, with an estimated annual tax burden around $107,157. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 45,313 SF | ✗ |
| 1ST | 1st Floor | 27,500 SF | ✓ |
| 501 | CANOPY | 2,072 SF | ✗ |
| 611 | TERRACE | 2,072 SF | ✗ |
| 273 | COLDSTG VAULT SM | 280 SF | ✓ |
| 482 | LIGHT POLES | 2 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% | $40,708.80 | $40,708.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,056.75 | $23,056.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,537.18 | $16,537.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,193.01 | $5,193.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,549.60 | $4,549.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $90,045.34 | $90,045.34 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $40,708.80 | 45.2% |
| CAT City of Austin | 0.5240% | $23,056.75 | 25.6% |
| TCO Travis County | 0.3758% | $16,537.18 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,193.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,549.60 | 5.1% |
| Total | 2.0465% | $90,045.34 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,400,000 | $4,400,000 | +0.0% |
| Assessed Value | $4,400,000 | $4,400,000 | +0.0% |
| Land Value | $4,163,364 | $4,163,364 | +0.0% |
| Improvement Value | $236,636 | $236,636 | +0.0% |
| Taxable Value | $4,400,000 | $4,400,000 | +0.0% |
| Total Tax 2026 = estimate |
~$90,045
Estimated
|
~$90,045
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,400,000 | $4,163,364 | $236,636 | — | $4,400,000 | $4,400,000 | Not yet — post-cert | Preliminary |
| 2025 | $4,400,000 | $4,163,364 | $236,636 | — | $4,400,000 | $4,400,000 | ~$90,045 | Partial |
| 2024 | $4,400,000 | $4,163,364 | $236,636 | — | $4,400,000 | $4,400,000 | $87,200 | Verified |
| 2023 | $4,310,750 | $4,163,364 | $147,386 | — | $4,310,750 | $4,310,750 | $77,992 | Verified |
| 2022 | $3,576,000 | $3,202,588 | $373,412 | — | $3,576,000 | $3,576,000 | $70,623 | Verified |
| 2021 | $3,403,351 | $2,882,329 | $521,022 | — | $3,403,351 | $3,403,351 | $74,080 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +2.1% | +2.1% | ~100% | No billing data | Verified |
| 2023 | +20.5% | +20.5% | ~100% | No billing data | Verified |
| 2022 | +5.1% | +5.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.5% | +5.3% | +20.5% | 2023 | +0.0% | 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 |
$90,045 | $79,988 | ~$100,128 | $90,045 | 2025 | $70,623 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,631,929 | ~$4,631,929 | ~2.0139% | ~$93,284 | +5.3% |
| 2028 | ~$4,876,083 | ~$4,876,083 | ~1.9814% | ~$96,614 | +10.8% |
| 2029 | ~$5,133,106 | ~$5,133,106 | ~1.9488% | ~$100,036 | +16.7% |
| 2030 | ~$5,403,678 | ~$5,403,678 | ~1.9163% | ~$103,550 | +22.8% |
| 2031 | ~$5,688,511 | ~$5,688,511 | ~1.8837% | ~$107,157 | +29.3% |
| 2027 | ~$4,543,929 | ~$4,543,929 | ~2.0465% | ~$92,991 | +3.3% |
| 2028 | ~$4,692,565 | ~$4,692,565 | ~2.0465% | ~$96,033 | +6.6% |
| 2029 | ~$4,846,064 | ~$4,846,064 | ~2.0465% | ~$99,174 | +10.1% |
| 2030 | ~$5,004,584 | ~$5,004,584 | ~2.0465% | ~$102,418 | +13.7% |
| 2031 | ~$5,168,289 | ~$5,168,289 | ~2.0465% | ~$105,768 | +17.5% |
| 2027 | ~$4,719,929 | ~$4,719,929 | ~1.9977% | ~$94,288 | +7.3% |
| 2028 | ~$5,063,120 | ~$5,063,120 | ~1.9488% | ~$98,672 | +15.1% |
| 2029 | ~$5,431,265 | ~$5,431,265 | ~1.9000% | ~$103,195 | +23.4% |
| 2030 | ~$5,826,178 | ~$5,826,178 | ~1.8512% | ~$107,854 | +32.4% |
| 2031 | ~$6,249,805 | ~$6,249,805 | ~1.8024% | ~$112,645 | +42.0% |
In 2025, this property's market value of $4,400,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 3× 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 | $4,400,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,400,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,310,750 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,576,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,403,351 | $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 | 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 | — |