8600 N LAMAR BLVD TX 78753
| Owner | LIH LAMAR HOUSING ASSOCIATES LP |
|---|---|
| Parcel ID | 0238150805 |
| Short ID | 241872 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 218,600 SF |
| Land SF | 617,031 SF |
| Acres | 14.165 |
| Year Built | 1974 |
| Legal | LOT 2 C D C ADDN |
| Neighborhood | 08TC |
| Land | $11,569,331 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,569,331 |
| Improvement | $30,040,669 |
|---|---|
| Total Improvement | $30,040,669 |
| Market | $41,610,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $41,610,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $41,610,000 |
| Taxable Value | $41,610,000 |
|---|
Appreciation: Market value has risen +86.4% from $22,320,082 (2021) to $41,610,000 (2025), a CAGR of 16.8% 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 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 $851,542. 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 28% of market value ($11,569,331 land vs $30,040,669 improvements), about $19/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $41,610,000, 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 +11.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $68,035,856 by 2031, with an estimated annual tax burden around $1,182,229. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 388,848 SF | ✗ |
| 551 | PAVED AREA | 225,360 SF | ✗ |
| 1ST | 1st Floor | 113,446 SF | ✓ |
| 2ND | 2nd Floor | 105,154 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 24,950 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 21,450 SF | ✗ |
| 611 | TERRACE | 6,212 SF | ✗ |
| 541 | FENCE COMM LF | 2,787 SF | ✗ |
| 601 | POOL COMM'L | 1,722 SF | ✗ |
| 054 | CARPORT DET CLAS | 144 SF | ✗ |
| 581C | STORAGE ATT COMM | 90 SF | ✓ |
| MISC | Miscellaneous | 8 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | FIREPLACE | 1 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% | $192,487.86 | $192,487.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $109,021.74 | $109,021.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,194.55 | $78,194.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,554.69 | $24,554.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,512.37 | $21,512.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $425,771.21 | $425,771.21 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $192,487.86 | 45.2% |
| CAT City of Austin | 0.5240% | $109,021.74 | 25.6% |
| TCO Travis County | 0.3758% | $78,194.55 | 18.4% |
| THD Travis Central Health | 0.1180% | $24,554.69 | 5.8% |
| ACT Austin Community College | 0.1034% | $21,512.37 | 5.1% |
| Total | 2.0465% | $425,771.21 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $38,968,781 | $41,610,000 | -6.3% |
| Assessed Value | $38,968,781 | $41,610,000 | -6.3% |
| Land Value | $11,569,331 | $11,569,331 | +0.0% |
| Improvement Value | $27,399,450 | $30,040,669 | -8.8% |
| Taxable Value | $38,968,781 | $41,610,000 | -6.3% |
| Exemptions | — | I | |
| Total Tax 2026 = estimate |
~$797,490
Estimated
|
~$425,771
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $38,968,781 | $11,569,331 | $27,399,450 | — | $38,968,781 | $38,968,781 | Not yet — post-cert | Preliminary |
| 2025 | $41,610,000 | $11,569,331 | $30,040,669 | — | $41,610,000 | $41,610,000 | ~$425,771 | Partial |
| 2024 | $37,000,000 | $11,569,331 | $25,430,669 | — | $37,000,000 | $18,500,000 | $366,636 | Verified |
| 2023 | $30,253,062 | $11,569,331 | $18,683,731 | — | $30,253,062 | $15,126,531 | $262,959 | Verified |
| 2022 | $24,450,000 | $11,569,331 | $12,880,669 | — | $24,450,000 | $12,225,000 | $228,770 | Verified |
| 2021 | $22,320,082 | $11,569,331 | $10,750,751 | — | $22,320,082 | $22,320,082 | $284,847 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.3% | -6.3% | ~100% | Not available | Partial |
| 2025 | +12.5% | +12.5% | ~100% | Not available | Partial |
| 2024 | +22.3% | +22.3% | ~100% | No billing data | Verified |
| 2023 | +23.7% | +23.7% | ~100% | No billing data | Verified |
| 2022 | +9.5% | +9.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +86.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.3% | +12.3% | +11.8% | +23.7% | 2023 | -6.3% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.0200% | 1.0200% | — | 1.0200% | 2025 | 1.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$425,771 | $313,796 | ~$1,016,784 | $425,771 | 2025 | $228,770 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$43,563,326 | ~$42,865,659 | ~2.0139% | ~$863,287 | +11.8% |
| 2028 | ~$48,699,582 | ~$47,152,225 | ~1.9814% | ~$934,269 | +25.0% |
| 2029 | ~$54,441,420 | ~$51,867,448 | ~1.9488% | ~$1,010,813 | +39.7% |
| 2030 | ~$60,860,238 | ~$57,054,192 | ~1.9163% | ~$1,093,324 | +56.2% |
| 2031 | ~$68,035,856 | ~$62,759,611 | ~1.8837% | ~$1,182,229 | +74.6% |
| 2027 | ~$42,783,950 | ~$42,783,950 | ~2.0465% | ~$875,567 | +9.8% |
| 2028 | ~$46,972,637 | ~$46,972,637 | ~2.0465% | ~$961,288 | +20.5% |
| 2029 | ~$51,571,409 | ~$51,571,409 | ~2.0465% | ~$1,055,401 | +32.3% |
| 2030 | ~$56,620,416 | ~$56,620,416 | ~2.0465% | ~$1,158,728 | +45.3% |
| 2031 | ~$62,163,737 | ~$62,163,737 | ~2.0465% | ~$1,272,172 | +59.5% |
| 2027 | ~$44,342,701 | ~$42,865,659 | ~1.9977% | ~$856,311 | +13.8% |
| 2028 | ~$50,457,703 | ~$47,152,225 | ~1.9488% | ~$918,921 | +29.5% |
| 2029 | ~$57,415,982 | ~$51,867,448 | ~1.9000% | ~$985,490 | +47.3% |
| 2030 | ~$65,333,831 | ~$57,054,192 | ~1.8512% | ~$1,056,184 | +67.7% |
| 2031 | ~$74,343,577 | ~$62,759,611 | ~1.8024% | ~$1,131,161 | +90.8% |
In 2025, this property's market value of $41,610,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 80× 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 | $41,610,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $37,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $30,253,062 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $24,450,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $22,320,082 | $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 | — |