1621 S LAMAR BLVD TX 78704
| Owner | CUMMINGS HILMA BROOKS |
|---|---|
| Parcel ID | 0100050419 |
| Short ID | 100305 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,911 SF |
| Land SF | 6,168 SF |
| Acres | 0.142 |
| Year Built | 1958 |
| Legal | LOT 1 RESUB OF PART OF LOTS 12-13 EVERGREEN HEIGHTS |
| Neighborhood | 20CEN |
| Land | $986,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $986,880 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $827,721 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $827,721 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $827,721 |
| Taxable Value | $827,721 |
|---|
Appreciation: Market value has risen +6.2% from $779,355 (2021) to $827,721 (2025), a CAGR of 1.5% 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 $16,939. 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 ($986,880 land vs $0 improvements), about $160/SF of land. With value concentrated in the land under a ~68-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 $827,721, this parcel sits in the lower-middle (25th–50th 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 +1.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $892,421 by 2030, with an estimated annual tax burden around $16,811. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,911 SF | ✓ |
| 551 | PAVED AREA | 600 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 324 SF | ✓ |
| 501 | CANOPY | 273 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% | $7,658.07 | $7,658.07 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,337.40 | $4,337.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,110.95 | $3,110.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $976.90 | $976.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $855.86 | $855.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,939.18 | $16,939.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $828,000 | $827,721 | +0.0% |
| Assessed Value | $828,000 | $827,721 | +0.0% |
| Land Value | $986,880 | $986,880 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $828,000 | $827,721 | +0.0% |
| Total Tax 2026 = estimate |
~$16,945
Estimated
|
~$16,939
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $828,000 | $828,000 | +0 (+0.0%) |
| Taxable Value | $828,000 | $828,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $828,000 | $986,880 | — | — | $828,000 | $828,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $827,721 | $986,880 | — | — | $827,721 | $827,721 | ~$16,939 | Partial |
| 2024 | $910,000 | — | — | — | $923,192 ! | $— | $18,296 | Verified |
| 2023 | $741,451 | — | — | — | $910,000 ! | $— | $16,464 | Verified |
| 2022 | $742,000 | — | — | −$38,848 | $703,152 | $— | $14,643 | Verified |
| 2021 | $779,355 | — | — | −$76,203 | $703,152 | $— | $16,151 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -10.3% | -10.3% | ~100% | Not available | Partial |
| 2024 | -9.6% | -9.6% | ~100% | 1.9800% | Verified |
| 2023 | +37.7% | +37.7% | ~100% | 1.6100% | Verified |
| 2022 | -6.1% | -6.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.8% | +1.5% | +22.7% | 2024 | -9.0% | 2025 |
| Assessment Ratio | 100.0% | 101.5% | — | 122.7% | 2023 | 90.2% | 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 |
$16,939 | $16,499 | ~$16,872 | $18,296 | 2024 | $14,643 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$840,274 | ~$840,274 | ~2.0139% | ~$16,923 | +1.5% |
| 2027 | ~$853,018 | ~$853,018 | ~1.9814% | ~$16,902 | +3.1% |
| 2028 | ~$865,955 | ~$865,955 | ~1.9488% | ~$16,876 | +4.6% |
| 2029 | ~$879,089 | ~$879,089 | ~1.9163% | ~$16,846 | +6.2% |
| 2030 | ~$892,421 | ~$892,421 | ~1.8837% | ~$16,811 | +7.8% |
| 2026 | ~$823,720 | ~$823,720 | ~2.0465% | ~$16,857 | -0.5% |
| 2027 | ~$819,738 | ~$819,738 | ~2.0465% | ~$16,776 | -1.0% |
| 2028 | ~$815,776 | ~$815,776 | ~2.0465% | ~$16,695 | -1.4% |
| 2029 | ~$811,833 | ~$811,833 | ~2.0465% | ~$16,614 | -1.9% |
| 2030 | ~$807,908 | ~$807,908 | ~2.0465% | ~$16,534 | -2.4% |
| 2026 | ~$856,829 | ~$856,829 | ~1.9977% | ~$17,117 | +3.5% |
| 2027 | ~$886,960 | ~$886,960 | ~1.9488% | ~$17,285 | +7.2% |
| 2028 | ~$918,151 | ~$918,151 | ~1.9000% | ~$17,445 | +10.9% |
| 2029 | ~$950,439 | ~$950,439 | ~1.8512% | ~$17,594 | +14.8% |
| 2030 | ~$983,863 | ~$983,863 | ~1.8024% | ~$17,733 | +18.9% |
In 2025, this property's market value of $827,721 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -42% below 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 | $827,721 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $910,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $741,451 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $742,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $779,355 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.