2235 S LAMAR BLVD TX 78704
| Owner | VANS REAL ESTATE PARTNERSHIP |
|---|---|
| Parcel ID | 0401070607 |
| Short ID | 303199 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,300 SF |
| Land SF | 15,000 SF |
| Acres | 0.344 |
| Year Built | 1985 |
| Legal | LOT 9-10 DELCREST ADDN |
| Neighborhood | 20CEN |
| Land | $2,100,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,100,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,765,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,765,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,765,000 |
| Taxable Value | $1,765,000 |
|---|
Appreciation: Market value has risen +24.9% from $1,413,081 (2021) to $1,765,000 (2025), a CAGR of 5.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $36,120. 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 119% of market value ($2,100,000 land vs $0 improvements), about $140/SF of land. With value concentrated in the land under a ~41-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 $1,765,000, this parcel sits in the upper-middle (50th–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 +9.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,391,278 by 2031, with an estimated annual tax burden around $63,883. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,500 SF | ✗ |
| 1ST | 1st Floor | 3,300 SF | ✓ |
| 611 | TERRACE | 1,348 SF | ✗ |
| 501 | CANOPY | 144 SF | ✗ |
| 581C | STORAGE ATT COMM | 72 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% | $16,329.78 | $16,329.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,248.90 | $9,248.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,633.66 | $6,633.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,083.11 | $2,083.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,825.01 | $1,825.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,120.46 | $36,120.46 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $16,329.78 | 45.2% |
| CAT City of Austin | 0.5240% | $9,248.90 | 25.6% |
| TCO Travis County | 0.3758% | $6,633.66 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,083.11 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,825.01 | 5.1% |
| Total | 2.0465% | $36,120.46 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,189,098 | $1,765,000 | +24.0% |
| Assessed Value | $2,118,000 | $1,765,000 | +20.0% |
| Land Value | $2,100,000 | $2,100,000 | +0.0% |
| Improvement Value | $89,098 | — | — |
| Taxable Value | $2,118,000 | $1,765,000 | +20.0% |
| HS Cap Loss | -$71,098 | — | |
| Total Tax 2026 = estimate |
~$43,345
Estimated
|
~$36,120
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,189,098 | $2,100,000 | $89,098 | −$71,098 | $2,118,000 | $2,118,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,765,000 | $2,100,000 | — | — | $1,765,000 | $1,765,000 | ~$36,120 | Partial |
| 2024 | $2,182,921 | $2,100,000 | $82,921 | — | $2,182,921 | $2,182,921 | $42,431 | Verified |
| 2023 | $1,900,000 | $2,100,000 | — | — | $1,900,000 | $1,900,000 | $34,376 | Verified |
| 2022 | $1,713,722 | $1,650,000 | $63,722 | — | $1,713,722 | $1,713,722 | $27,907 | Verified |
| 2021 | $1,413,081 | $1,361,048 | $52,033 | — | $1,413,081 | $1,413,081 | $30,758 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.0% | +20.0% | 96.8% | Not available | Partial |
| 2025 | -19.1% | -19.1% | ~100% | Not available | Partial |
| 2024 | +14.9% | +14.9% | ~100% | No billing data | Verified |
| 2023 | +10.9% | +10.9% | ~100% | No billing data | Verified |
| 2022 | +21.3% | +21.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.0% | +10.4% | +9.1% | +24.0% | 2026 | -19.1% | 2025 |
| Assessment Ratio | 96.8% | 99.5% | — | 100.0% | 2021 | 96.8% | 2026 |
| 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 |
$36,120 | $34,318 | ~$55,189 | $42,431 | 2024 | $27,907 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,389,378 | ~$2,329,800 | ~2.0139% | ~$46,921 | +9.1% |
| 2028 | ~$2,607,981 | ~$2,562,780 | ~1.9814% | ~$50,779 | +19.1% |
| 2029 | ~$2,846,585 | ~$2,819,058 | ~1.9488% | ~$54,939 | +30.0% |
| 2030 | ~$3,107,018 | ~$3,100,964 | ~1.9163% | ~$59,423 | +41.9% |
| 2031 | ~$3,391,278 | ~$3,391,278 | ~1.8837% | ~$63,883 | +54.9% |
| 2027 | ~$2,345,596 | ~$2,329,800 | ~2.0465% | ~$47,679 | +7.1% |
| 2028 | ~$2,513,282 | ~$2,513,282 | ~2.0465% | ~$51,434 | +14.8% |
| 2029 | ~$2,692,955 | ~$2,692,955 | ~2.0465% | ~$55,111 | +23.0% |
| 2030 | ~$2,885,474 | ~$2,885,474 | ~2.0465% | ~$59,051 | +31.8% |
| 2031 | ~$3,091,756 | ~$3,091,756 | ~2.0465% | ~$63,272 | +41.2% |
| 2027 | ~$2,433,160 | ~$2,329,800 | ~1.9977% | ~$46,542 | +11.1% |
| 2028 | ~$2,704,432 | ~$2,562,780 | ~1.9488% | ~$49,944 | +23.5% |
| 2029 | ~$3,005,948 | ~$2,819,058 | ~1.9000% | ~$53,563 | +37.3% |
| 2030 | ~$3,341,080 | ~$3,100,964 | ~1.8512% | ~$57,405 | +52.6% |
| 2031 | ~$3,713,576 | ~$3,411,060 | ~1.8024% | ~$61,480 | +69.6% |
In 2025, this property's market value of $1,765,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +28% above 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 | $1,765,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,182,921 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,900,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,713,722 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,413,081 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 | — |