2003 S LAMAR BLVD TX 78704
| Owner | AER LAMAR PROPERTY OWNER LLC |
|---|---|
| Parcel ID | 0100050305 |
| Short ID | 100281 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,004 SF |
| Land SF | 43,124 SF |
| Acres | 0.990 |
| Year Built | 2008 |
| Legal | E 65 FT OF LOT 6 & E 115 FT OF LOT 12 BLK 1 FREDERICKSBURG ROAD ACRES |
| Neighborhood | 53SCN |
| Land | $2,354,592 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,354,592 |
| Improvement | $826,906 |
|---|---|
| Total Improvement | $826,906 |
| Market | $3,181,498 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,181,498 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,181,498 |
| Taxable Value | $3,181,498 |
|---|
Appreciation: Market value has risen +45.8% from $2,182,459 (2021) to $3,181,498 (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 $65,109. 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 74% of market value ($2,354,592 land vs $826,906 improvements), about $55/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 $3,181,498, 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,096,108 by 2030, with an estimated annual tax burden around $95,998. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,004 SF | ✓ |
| 551 | PAVED AREA | 4,400 SF | ✗ |
| 501 | CANOPY | 275 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% | $29,435.22 | $29,435.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,671.59 | $16,671.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,957.50 | $11,957.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,754.90 | $3,754.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,289.67 | $3,289.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,108.88 | $65,108.88 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $3,181,498 | — |
| Assessed Value | — | $3,181,498 | — |
| Land Value | — | $2,354,592 | — |
| Improvement Value | — | $826,906 | — |
| Taxable Value | — | $3,181,498 | — |
| Total Tax | Pending certification |
~$65,109
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,181,498 | $2,354,592 | $826,906 | — | $3,181,498 | $3,181,498 | ~$65,109 | Partial |
| 2024 | $3,400,950 | — | — | −$1,046,358 | $2,354,592 | $— | $67,400 | Verified |
| 2023 | $2,287,485 | — | — | — | $2,354,592 ! | $— | $61,532 | Verified |
| 2022 | $2,102,057 | — | — | −$562,516 | $1,539,541 | $— | $45,176 | Verified |
| 2021 | $2,182,459 | — | — | −$642,918 | $1,539,541 | $— | $45,755 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +48.7% | +48.7% | ~100% | 1.8100% | Verified |
| 2022 | +8.8% | +8.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | +11.8% | +9.9% | +48.7% | 2024 | -6.5% | 2025 |
| Assessment Ratio | 100.0% | 83.2% | — | 102.9% | 2023 | 69.2% | 2024 |
| 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 |
$65,109 | $56,994 | ~$82,729 | $67,400 | 2024 | $45,176 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,495,852 | ~$3,495,852 | ~2.0139% | ~$70,404 | +9.9% |
| 2027 | ~$3,841,266 | ~$3,841,266 | ~1.9814% | ~$76,110 | +20.7% |
| 2028 | ~$4,220,810 | ~$4,220,810 | ~1.9488% | ~$82,257 | +32.7% |
| 2029 | ~$4,637,856 | ~$4,637,856 | ~1.9163% | ~$88,875 | +45.8% |
| 2030 | ~$5,096,108 | ~$5,096,108 | ~1.8837% | ~$95,998 | +60.2% |
| 2026 | ~$3,432,222 | ~$3,432,222 | ~2.0465% | ~$70,240 | +7.9% |
| 2027 | ~$3,702,705 | ~$3,702,705 | ~2.0465% | ~$75,775 | +16.4% |
| 2028 | ~$3,994,504 | ~$3,994,504 | ~2.0465% | ~$81,747 | +25.6% |
| 2029 | ~$4,309,298 | ~$4,309,298 | ~2.0465% | ~$88,189 | +35.4% |
| 2030 | ~$4,648,901 | ~$4,648,901 | ~2.0465% | ~$95,139 | +46.1% |
| 2026 | ~$3,559,482 | ~$3,499,648 | ~1.9977% | ~$69,911 | +11.9% |
| 2027 | ~$3,982,373 | ~$3,849,613 | ~1.9488% | ~$75,023 | +25.2% |
| 2028 | ~$4,455,507 | ~$4,234,574 | ~1.9000% | ~$80,458 | +40.0% |
| 2029 | ~$4,984,852 | ~$4,658,031 | ~1.8512% | ~$86,229 | +56.7% |
| 2030 | ~$5,577,087 | ~$5,123,834 | ~1.8024% | ~$92,351 | +75.3% |
In 2025, this property's market value of $3,181,498 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +124% 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 | $3,181,498 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,400,950 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,287,485 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,102,057 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,182,459 | $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.