2032 S LAMAR BLVD TX 78704
| Owner | BARTON HILLS PROPERTIES LLC |
|---|---|
| Parcel ID | 0100050123 |
| Short ID | 100239 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 9,315 SF |
| Land SF | 32,439 SF |
| Acres | 0.745 |
| Year Built | 1948 |
| Legal | LOT 6 LESS CEN 40X54 FT AV STAEHELY AND WENDLANDT RESUB FREDERICKSBURG ROAD ACRES 2 |
| Neighborhood | 30CEN |
| Land | $4,865,850 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,865,850 |
| Improvement | $118,904 |
|---|---|
| Total Improvement | $118,904 |
| Market | $4,984,754 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,984,754 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,984,754 |
| Taxable Value | $4,984,754 |
|---|
Appreciation: Market value has risen +46.0% from $3,415,334 (2021) to $4,984,754 (2025), a CAGR of 9.9% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $102,012. 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 ($4,865,850 land vs $118,904 improvements), about $150/SF of land. With value concentrated in the land under a ~78-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 $4,984,754, this parcel sits in the top quartile (≥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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,996,628 by 2030, with an estimated annual tax burden around $150,636. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,315 SF | ✓ |
| 551 | PAVED AREA | 5,671 SF | ✗ |
| 611 | TERRACE | 1,089 SF | ✗ |
| 501 | CANOPY | 972 SF | ✗ |
| 511 | DECK | 720 SF | ✗ |
| 327 | STORAGE COMM'L | 312 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% | $46,118.94 | $46,118.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,120.96 | $26,120.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,734.95 | $18,734.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,883.16 | $5,883.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,154.24 | $5,154.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $102,012.25 | $102,012.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,992,108 | $4,984,754 | +0.1% |
| Assessed Value | $4,992,108 | $4,984,754 | +0.1% |
| Land Value | $4,865,850 | $4,865,850 | +0.0% |
| Improvement Value | $126,258 | $118,904 | +6.2% |
| Taxable Value | $4,992,108 | $4,984,754 | +0.1% |
| Total Tax 2026 = estimate |
~$102,163
Estimated
|
~$102,012
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,992,108 | $4,992,108 | +0 (+0.0%) |
| Taxable Value | $4,992,108 | $4,992,108 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,992,108 | $4,865,850 | $126,258 | — | $4,992,108 | $4,992,108 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,984,754 | $4,865,850 | $118,904 | — | $4,984,754 | $4,984,754 | ~$102,012 | Partial |
| 2024 | $5,109,908 | — | — | −$244,058 | $4,865,850 | $— | $101,099 | Verified |
| 2023 | $3,868,980 | — | — | — | $4,865,850 ! | $— | $92,451 | Verified |
| 2022 | $3,418,091 | — | — | −$174,191 | $3,243,900 | $— | $76,409 | Verified |
| 2021 | $3,415,334 | — | — | −$171,434 | $3,243,900 | $— | $74,401 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9800% | Verified |
| 2023 | +32.1% | +32.1% | ~100% | 1.8100% | Verified |
| 2022 | +13.2% | +13.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +8.6% | +9.9% | +32.1% | 2024 | -2.4% | 2025 |
| Assessment Ratio | 100.0% | 101.8% | — | 125.8% | 2023 | 94.9% | 2022 |
| 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 |
$102,012 | $89,274 | ~$129,742 | $102,012 | 2025 | $74,401 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,478,938 | ~$5,478,938 | ~2.0139% | ~$110,342 | +9.9% |
| 2027 | ~$6,022,114 | ~$6,022,114 | ~1.9814% | ~$119,321 | +20.8% |
| 2028 | ~$6,619,141 | ~$6,619,141 | ~1.9488% | ~$128,996 | +32.8% |
| 2029 | ~$7,275,357 | ~$7,275,357 | ~1.9163% | ~$139,417 | +46.0% |
| 2030 | ~$7,996,628 | ~$7,996,628 | ~1.8837% | ~$150,636 | +60.4% |
| 2026 | ~$5,379,243 | ~$5,379,243 | ~2.0465% | ~$110,085 | +7.9% |
| 2027 | ~$5,804,951 | ~$5,804,951 | ~2.0465% | ~$118,797 | +16.5% |
| 2028 | ~$6,264,349 | ~$6,264,349 | ~2.0465% | ~$128,199 | +25.7% |
| 2029 | ~$6,760,104 | ~$6,760,104 | ~2.0465% | ~$138,345 | +35.6% |
| 2030 | ~$7,295,092 | ~$7,295,092 | ~2.0465% | ~$149,293 | +46.3% |
| 2026 | ~$5,578,633 | ~$5,483,229 | ~1.9977% | ~$109,536 | +11.9% |
| 2027 | ~$6,243,266 | ~$6,031,552 | ~1.9488% | ~$117,545 | +25.2% |
| 2028 | ~$6,987,083 | ~$6,634,708 | ~1.9000% | ~$126,061 | +40.2% |
| 2029 | ~$7,819,517 | ~$7,298,178 | ~1.8512% | ~$135,103 | +56.9% |
| 2030 | ~$8,751,127 | ~$8,027,996 | ~1.8024% | ~$144,694 | +75.6% |
In 2025, this property's market value of $4,984,754 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $4,984,754 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,109,908 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,868,980 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,418,091 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,415,334 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.