1615 S LAMAR BLVD TX 78704
| Owner | SFC SOFTWARE FACTORY LLC |
|---|---|
| Parcel ID | 0100050420 |
| Short ID | 100306 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,320 SF |
| Land SF | 14,549 SF |
| Acres | 0.334 |
| Year Built | 1968 |
| Legal | .3340 AC OF LOT 12 EVERGREEN HEIGHTS |
| Neighborhood | 1SC2 |
| Land | $2,473,337 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,473,337 |
| Improvement | $200,820 |
|---|---|
| Total Improvement | $200,820 |
| Market | $2,674,157 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,674,157 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,674,157 |
| Taxable Value | $2,674,157 |
|---|
Appreciation: Market value has risen +31.4% from $2,034,400 (2021) to $2,674,157 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. 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 $54,726. 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 92% of market value ($2,473,337 land vs $200,820 improvements), about $170/SF of land. With value concentrated in the land under a ~58-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 $2,674,157, 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 +7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,763,787 by 2030, with an estimated annual tax burden around $70,900. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 9,000 SF | ✗ |
| 1ST | 1st Floor | 4,320 SF | ✓ |
| 501 | CANOPY | 796 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% | $24,741.30 | $24,741.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,013.04 | $14,013.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,050.69 | $10,050.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,156.12 | $3,156.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,765.08 | $2,765.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $54,726.23 | $54,726.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,701,214 | $2,674,157 | +1.0% |
| Assessed Value | $2,701,214 | $2,674,157 | +1.0% |
| Land Value | $2,473,337 | $2,473,337 | +0.0% |
| Improvement Value | $227,877 | $200,820 | +13.5% |
| Taxable Value | $2,701,214 | $2,674,157 | +1.0% |
| Total Tax 2026 = estimate |
~$55,280
Estimated
|
~$54,726
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,701,214 | $2,701,214 | +0 (+0.0%) |
| Taxable Value | $2,701,214 | $2,701,214 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,701,214 | $2,473,337 | $227,877 | — | $2,701,214 | $2,701,214 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,674,157 | $2,473,337 | $200,820 | — | $2,674,157 | $2,674,157 | ~$54,726 | Partial |
| 2024 | $2,944,935 | — | — | −$471,598 | $2,473,337 | $— | $52,262 | Verified |
| 2023 | $1,855,748 | — | — | — | $2,473,337 ! | $— | $53,281 | Verified |
| 2022 | $1,784,615 | — | — | −$38,730 | $1,745,885 | $— | $36,650 | Verified |
| 2021 | $2,034,400 | — | — | −$288,515 | $1,745,885 | $— | $38,845 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2024 | -10.5% | -10.5% | ~100% | 1.9800% | Verified |
| 2023 | +58.7% | +58.7% | ~100% | 1.8100% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +8.4% | +6.9% | +58.7% | 2024 | -12.3% | 2022 |
| Assessment Ratio | 100.0% | 100.1% | — | 133.3% | 2023 | 84.0% | 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 |
$54,726 | $47,153 | ~$64,130 | $54,726 | 2025 | $36,650 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,863,351 | ~$2,863,351 | ~2.0139% | ~$57,666 | +7.1% |
| 2027 | ~$3,065,930 | ~$3,065,930 | ~1.9814% | ~$60,748 | +14.7% |
| 2028 | ~$3,282,841 | ~$3,282,841 | ~1.9488% | ~$63,977 | +22.8% |
| 2029 | ~$3,515,098 | ~$3,515,098 | ~1.9163% | ~$67,360 | +31.4% |
| 2030 | ~$3,763,787 | ~$3,763,787 | ~1.8837% | ~$70,900 | +40.7% |
| 2026 | ~$2,809,868 | ~$2,809,868 | ~2.0465% | ~$57,504 | +5.1% |
| 2027 | ~$2,952,465 | ~$2,952,465 | ~2.0465% | ~$60,422 | +10.4% |
| 2028 | ~$3,102,300 | ~$3,102,300 | ~2.0465% | ~$63,488 | +16.0% |
| 2029 | ~$3,259,738 | ~$3,259,738 | ~2.0465% | ~$66,710 | +21.9% |
| 2030 | ~$3,425,166 | ~$3,425,166 | ~2.0465% | ~$70,096 | +28.1% |
| 2026 | ~$2,916,834 | ~$2,916,834 | ~1.9977% | ~$58,268 | +9.1% |
| 2027 | ~$3,181,533 | ~$3,181,533 | ~1.9488% | ~$62,003 | +19.0% |
| 2028 | ~$3,470,254 | ~$3,470,254 | ~1.9000% | ~$65,935 | +29.8% |
| 2029 | ~$3,785,176 | ~$3,785,176 | ~1.8512% | ~$70,071 | +41.5% |
| 2030 | ~$4,128,676 | ~$4,128,676 | ~1.8024% | ~$74,414 | +54.4% |
In 2025, this property's market value of $2,674,157 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +89% 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 | $2,674,157 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,944,935 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,855,748 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,784,615 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,034,400 | $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.