9325 N LAMAR BLVD TX 78753
| Owner | SONIC PROPERTIES OF AUSTIN LLP |
|---|---|
| Parcel ID | 0241160412 |
| Short ID | 246681 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,446 SF |
| Land SF | 20,911 SF |
| Acres | 0.480 |
| Year Built | 2017 |
| Legal | LOT 1 *LESS NW TRI NORTH LAMAR PARK ANNEX |
| Neighborhood | 33NOR |
| Land | $522,775 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $522,775 |
| Improvement | $51,619 |
|---|---|
| Total Improvement | $51,619 |
| Market | $574,394 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $574,394 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $574,394 |
| Taxable Value | $574,394 |
|---|
Appreciation: Market value has fallen -49.5% from $1,137,455 (2021) to $574,394 (2025), a CAGR of -15.7% over 4 years. Growth has been relatively flat for this asset class. 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 Commercial parcel countywide rose +17.8%, so this parcel has lagged 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 $11,755. 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 91% of market value ($522,775 land vs $51,619 improvements), about $25/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 $574,394, this parcel sits in the bottom quartile (<25th 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 -12.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $292,187 by 2031, with an estimated annual tax burden around $5,504. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,200 SF | ✗ |
| 611 | TERRACE | 2,733 SF | ✗ |
| 501 | CANOPY | 2,733 SF | ✗ |
| 1ST | 1st Floor | 1,446 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% | $5,314.29 | $5,314.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,009.92 | $3,009.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,158.83 | $2,158.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $677.92 | $677.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $593.92 | $593.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,754.88 | $11,754.88 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,314.29 | 45.2% |
| CAT City of Austin | 0.5240% | $3,009.92 | 25.6% |
| TCO Travis County | 0.3758% | $2,158.83 | 18.4% |
| THD Travis Central Health | 0.1180% | $677.92 | 5.8% |
| ACT Austin Community College | 0.1034% | $593.92 | 5.1% |
| Total | 2.0465% | $11,754.88 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $576,498 | $574,394 | +0.4% |
| Assessed Value | $576,498 | $574,394 | +0.4% |
| Land Value | $522,775 | $522,775 | +0.0% |
| Improvement Value | $53,723 | $51,619 | +4.1% |
| Taxable Value | $576,498 | $574,394 | +0.4% |
| Total Tax 2026 = estimate |
~$11,798
Estimated
|
~$11,755
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $576,498 | $522,775 | $53,723 | — | $576,498 | $576,498 | Not yet — post-cert | Preliminary |
| 2025 | $574,394 | $522,775 | $51,619 | — | $574,394 | $574,394 | ~$11,755 | Partial |
| 2024 | $690,147 | $522,775 | $167,372 | — | $690,147 | $690,147 | $13,393 | Verified |
| 2023 | $840,793 | $522,775 | $318,018 | — | $840,793 | $840,793 | $11,767 | Verified |
| 2022 | $726,736 | $522,775 | $203,961 | — | $726,736 | $726,736 | $12,377 | Verified |
| 2021 | $1,137,455 | $522,775 | $614,680 | — | $1,137,455 | $1,137,455 | $24,759 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -16.8% | -16.8% | ~100% | Not available | Partial |
| 2024 | -17.9% | -17.9% | ~100% | No billing data | Verified |
| 2023 | +15.7% | +15.7% | ~100% | No billing data | Verified |
| 2022 | -36.1% | -36.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -49.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -10.9% | -12.7% | +15.7% | 2023 | -36.1% | 2022 |
| 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 |
$11,755 | $14,810 | ~$7,646 | $24,759 | 2021 | $11,755 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$503,235 | ~$503,235 | ~2.0139% | ~$10,135 | -12.7% |
| 2028 | ~$439,282 | ~$439,282 | ~1.9814% | ~$8,704 | -23.8% |
| 2029 | ~$383,456 | ~$383,456 | ~1.9488% | ~$7,473 | -33.5% |
| 2030 | ~$334,725 | ~$334,725 | ~1.9163% | ~$6,414 | -41.9% |
| 2031 | ~$292,187 | ~$292,187 | ~1.8837% | ~$5,504 | -49.3% |
| 2027 | ~$547,673 | ~$547,673 | ~2.0465% | ~$11,208 | -5.0% |
| 2028 | ~$520,289 | ~$520,289 | ~2.0465% | ~$10,648 | -9.8% |
| 2029 | ~$494,275 | ~$494,275 | ~2.0465% | ~$10,115 | -14.3% |
| 2030 | ~$469,561 | ~$469,561 | ~2.0465% | ~$9,609 | -18.5% |
| 2031 | ~$446,083 | ~$446,083 | ~2.0465% | ~$9,129 | -22.6% |
| 2027 | ~$514,765 | ~$514,765 | ~1.9977% | ~$10,283 | -10.7% |
| 2028 | ~$459,642 | ~$459,642 | ~1.9488% | ~$8,958 | -20.3% |
| 2029 | ~$410,422 | ~$410,422 | ~1.9000% | ~$7,798 | -28.8% |
| 2030 | ~$366,472 | ~$366,472 | ~1.8512% | ~$6,784 | -36.4% |
| 2031 | ~$327,229 | ~$327,229 | ~1.8024% | ~$5,898 | -43.2% |
In 2025, this property's market value of $574,394 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -58% 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 | $574,394 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $690,147 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $840,793 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $726,736 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $1,137,455 | $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 | — |