2050 S LAMAR BLVD TX 78704
| Owner | 2021 SOUTH LAMAR LP |
|---|---|
| Parcel ID | 0100050120 |
| Short ID | 100236 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,764 SF |
| Land SF | 20,909 SF |
| Acres | 0.480 |
| Year Built | 1933 |
| Legal | S 211.25 FT OF E 66.1 FT OF LOT 2 S211.25FT OF W32 FT OF LOT 3 FREDERICKSBURG ROAD ACRES 2 |
| Neighborhood | 59SCN |
| Land | $3,136,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,136,320 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,446,353 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,446,353 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,446,353 |
| Taxable Value | $2,446,353 |
|---|
Appreciation: Market value has risen +6.4% from $2,299,911 (2021) to $2,446,353 (2025), a CAGR of 1.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 +24.1%, 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 $50,064. 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 128% of market value ($3,136,320 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~93-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 $2,446,353, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,642,587 by 2030, with an estimated annual tax burden around $49,780. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,222 SF | ✗ |
| 1ST | 1st Floor | 1,764 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,764 SF | ✗ |
| 327 | STORAGE COMM'L | 800 SF | ✓ |
| 511 | DECK | 388 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 224 SF | ✗ |
| 541 | FENCE COMM LF | 207 SF | ✗ |
| 437 | FENCE MASON LF | 201 SF | ✗ |
| 611 | TERRACE | 140 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $22,633.66 | $22,633.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,819.31 | $12,819.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,194.50 | $9,194.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,887.26 | $2,887.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,529.53 | $2,529.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $50,064.26 | $50,064.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,446,353 | $2,446,353 | +0.0% |
| Assessed Value | $2,446,353 | $2,446,353 | +0.0% |
| Land Value | $3,136,320 | $3,136,320 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,446,353 | $2,446,353 | +0.0% |
| Total Tax 2026 = estimate |
~$50,064
Estimated
|
~$50,064
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,847,094 | $2,446,353 | -1,400,741 (-36.4%) |
| Taxable Value | $2,935,624 | $2,446,353 | -489,271 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,446,353 | $3,136,320 | — | — | $2,446,353 | $2,446,353 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,446,353 | $3,136,320 | — | — | $2,446,353 | $2,446,353 | ~$50,064 | Partial |
| 2024 | $2,502,500 | — | — | — | $2,750,000 ! | $— | $51,679 | Verified |
| 2023 | $2,162,400 | — | — | — | $2,502,500 ! | $— | $41,812 | Verified |
| 2022 | $2,040,000 | — | — | — | $2,162,400 ! | $— | $42,706 | Verified |
| 2021 | $2,299,911 | — | — | −$289,897 | $2,010,014 | $— | $44,404 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +57.3% | +20.0% | 76.3% | Not available | Partial |
| 2025 | -11.0% | -11.0% | ~100% | Not available | Partial |
| 2024 | +9.9% | +9.9% | ~100% | 1.8800% | Verified |
| 2023 | +15.7% | +15.7% | ~100% | 1.6700% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.6% | +1.6% | +15.7% | 2024 | -11.3% | 2022 |
| Assessment Ratio | 100.0% | 103.2% | — | 115.7% | 2023 | 87.4% | 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 |
$50,064 | $46,133 | ~$49,921 | $51,679 | 2024 | $41,812 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,484,398 | ~$2,484,398 | ~2.0139% | ~$50,034 | +1.6% |
| 2027 | ~$2,523,034 | ~$2,523,034 | ~1.9814% | ~$49,991 | +3.1% |
| 2028 | ~$2,562,272 | ~$2,562,272 | ~1.9488% | ~$49,935 | +4.7% |
| 2029 | ~$2,602,119 | ~$2,602,119 | ~1.9163% | ~$49,864 | +6.4% |
| 2030 | ~$2,642,587 | ~$2,642,587 | ~1.8837% | ~$49,780 | +8.0% |
| 2026 | ~$2,435,471 | ~$2,435,471 | ~2.0465% | ~$49,842 | -0.4% |
| 2027 | ~$2,424,637 | ~$2,424,637 | ~2.0465% | ~$49,620 | -0.9% |
| 2028 | ~$2,413,851 | ~$2,413,851 | ~2.0465% | ~$49,399 | -1.3% |
| 2029 | ~$2,403,114 | ~$2,403,114 | ~2.0465% | ~$49,179 | -1.8% |
| 2030 | ~$2,392,424 | ~$2,392,424 | ~2.0465% | ~$48,961 | -2.2% |
| 2026 | ~$2,533,325 | ~$2,533,325 | ~1.9977% | ~$50,607 | +3.6% |
| 2027 | ~$2,623,389 | ~$2,623,389 | ~1.9488% | ~$51,126 | +7.2% |
| 2028 | ~$2,716,655 | ~$2,716,655 | ~1.9000% | ~$51,617 | +11.0% |
| 2029 | ~$2,813,236 | ~$2,813,236 | ~1.8512% | ~$52,078 | +15.0% |
| 2030 | ~$2,913,252 | ~$2,913,252 | ~1.8024% | ~$52,508 | +19.1% |
In 2025, this property's market value of $2,446,353 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +73% above the county median of $1,417,484. 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 | $2,446,353 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,502,500 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,162,400 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,040,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,299,911 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
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.