2068 S LAMAR BLVD TX 78704
| Owner | POLKA DOT SECRETS LLC |
|---|---|
| Parcel ID | 0100050122 |
| Short ID | 100238 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,272 SF |
| Land SF | 10,000 SF |
| Acres | 0.230 |
| Year Built | 2025 |
| Legal | 100X100 FT OF LOT 1 FREDERICKSBURG ROAD ACRES 2 |
| Neighborhood | 20CEN |
| Land | $1,500,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,500,000 |
| Improvement | $38,131 |
|---|---|
| Total Improvement | $38,131 |
| Market | $1,538,131 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,538,131 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,538,131 |
| Taxable Value | $1,538,131 |
|---|
Appreciation: Market value has risen +28.2% from $1,200,000 (2021) to $1,538,131 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2024→2025), 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 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 $31,478. 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 98% of market value ($1,500,000 land vs $38,131 improvements), about $150/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 $1,538,131, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,097,773 by 2030, with an estimated annual tax burden around $39,517. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,272 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% | $14,230.79 | $14,230.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,060.07 | $8,060.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,780.99 | $5,780.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,815.35 | $1,815.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,590.43 | $1,590.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,477.63 | $31,477.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,543,000 | $1,538,131 | +0.3% |
| Assessed Value | $1,543,000 | $1,538,131 | +0.3% |
| Land Value | $1,500,000 | $1,500,000 | +0.0% |
| Improvement Value | $43,000 | $38,131 | +12.8% |
| Taxable Value | $1,543,000 | $1,538,131 | +0.3% |
| Total Tax 2026 = estimate |
~$31,577
Estimated
|
~$31,478
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,543,000 | $1,543,000 | +0 (+0.0%) |
| Taxable Value | $1,543,000 | $1,543,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,543,000 | $1,500,000 | $43,000 | — | $1,543,000 | $1,543,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,538,131 | $1,500,000 | $38,131 | — | $1,538,131 | $1,538,131 | ~$31,478 | Partial |
| 2024 | $1,200,000 | — | — | — | $1,500,000 ! | $— | $29,095 | Verified |
| 2023 | $1,141,842 | — | — | — | $1,500,000 ! | $— | $21,711 | Verified |
| 2022 | $941,656 | — | — | — | $1,100,000 ! | $— | $22,551 | Verified |
| 2021 | $1,200,000 | — | — | −$292,702 | $907,298 | $— | $20,497 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | +0.7% | +4.8% | ~100% | Not available | Partial |
| 2024 | -1.9% | -5.8% | 96.1% | 1.9000% | Verified |
| 2023 | +36.5% | +36.5% | ~100% | 1.3900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +6.7% | +6.3% | +28.2% | 2025 | -21.5% | 2022 |
| Assessment Ratio | 100.0% | 108.1% | — | 131.4% | 2023 | 75.6% | 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 |
$31,478 | $25,066 | ~$36,174 | $31,478 | 2025 | $20,497 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,636,614 | ~$1,636,614 | ~2.0139% | ~$32,960 | +6.4% |
| 2027 | ~$1,741,403 | ~$1,741,403 | ~1.9814% | ~$34,504 | +13.2% |
| 2028 | ~$1,852,902 | ~$1,852,902 | ~1.9488% | ~$36,110 | +20.5% |
| 2029 | ~$1,971,539 | ~$1,971,539 | ~1.9163% | ~$37,780 | +28.2% |
| 2030 | ~$2,097,773 | ~$2,097,773 | ~1.8837% | ~$39,517 | +36.4% |
| 2026 | ~$1,605,852 | ~$1,605,852 | ~2.0465% | ~$32,864 | +4.4% |
| 2027 | ~$1,676,554 | ~$1,676,554 | ~2.0465% | ~$34,310 | +9.0% |
| 2028 | ~$1,750,369 | ~$1,750,369 | ~2.0465% | ~$35,821 | +13.8% |
| 2029 | ~$1,827,434 | ~$1,827,434 | ~2.0465% | ~$37,398 | +18.8% |
| 2030 | ~$1,907,892 | ~$1,907,892 | ~2.0465% | ~$39,045 | +24.0% |
| 2026 | ~$1,667,377 | ~$1,667,377 | ~1.9977% | ~$33,309 | +8.4% |
| 2027 | ~$1,807,483 | ~$1,807,483 | ~1.9488% | ~$35,225 | +17.5% |
| 2028 | ~$1,959,362 | ~$1,959,362 | ~1.9000% | ~$37,228 | +27.4% |
| 2029 | ~$2,124,003 | ~$2,124,003 | ~1.8512% | ~$39,319 | +38.1% |
| 2030 | ~$2,302,479 | ~$2,302,479 | ~1.8024% | ~$41,499 | +49.7% |
In 2025, this property's market value of $1,538,131 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +9% 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 | $1,538,131 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,141,842 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $941,656 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,200,000 | $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.