1516 S LAMAR BLVD TX 78704
| Owner | AUSPRO ENTERPRISES LP |
|---|---|
| Parcel ID | 0100050703 |
| Short ID | 100315 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,353 SF |
| Land SF | 20,250 SF |
| Acres | 0.465 |
| Year Built | 1930 |
| Legal | 112.5X180.19 FT AV OF LOT 11 EVERGREEN HEIGHTS |
| Neighborhood | 30CEN |
| Land | $3,442,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,442,500 |
| Improvement | $1,000 |
|---|---|
| Total Improvement | $1,000 |
| Market | $3,443,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,443,500 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,443,500 |
| Taxable Value | $3,443,500 |
|---|
| Total Due | $72,937.19 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +41.6% from $2,431,000 (2021) to $3,443,500 (2025), a CAGR of 9.1% over 4 years. This is strong appreciation — well above typical inflation. 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 $70,471. 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 100% of market value ($3,442,500 land vs $1,000 improvements), about $170/SF of land. With value concentrated in the land under a ~96-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 $3,443,500, 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,321,315 by 2030, with an estimated annual tax burden around $100,240. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $72,937.19 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,940 SF | ✗ |
| 1ST | 1st Floor | 4,353 SF | ✓ |
| 611 | TERRACE | 479 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +1,598 |
| Travis County | 0.3444% | 0.3758% | +1,081 |
| Austin ISD | 0.9505% | 0.9252% | -871 |
| Travis Central Health | 0.1080% | 0.1180% | +346 |
| Austin Community College | 0.1013% | 0.1034% | +72 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $31,859.26 | $3,185.93 | $28,673.33 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,044.53 | $1,804.45 | $16,240.08 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,942.22 | $1,294.22 | $11,648.00 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,064.12 | $406.41 | $3,657.71 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,560.58 | $356.06 | $3,204.52 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $70,470.71 | $7,047.07 | $63,423.64 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,443,500 | $3,443,500 | +0.0% |
| Assessed Value | $3,443,500 | $3,443,500 | +0.0% |
| Land Value | $3,442,500 | $3,442,500 | +0.0% |
| Improvement Value | $1,000 | $1,000 | +0.0% |
| Taxable Value | $3,443,500 | $3,443,500 | +0.0% |
| Total Tax 2026 = estimate |
~$70,471
Estimated
|
$70,471 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,550,606 | $3,443,500 | -107,106 (-3.0%) |
| Taxable Value | $3,550,606 | $3,443,500 | -107,106 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,443,500 | $3,442,500 | $1,000 | — | $3,443,500 | $3,443,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,443,500 | $3,442,500 | $1,000 | — | $3,443,500 | $3,443,500 | $70,471 | Verified |
| 2024 | $2,431,000 | — | — | — | $3,037,500 ! | $— | $57,813 | Verified |
| 2023 | $2,431,000 | — | — | — | $3,442,500 ! | $— | $49,379 | Verified |
| 2022 | $2,431,000 | — | — | −$1,000 | $2,430,000 | $— | $48,010 | Verified |
| 2021 | $2,431,000 | — | — | −$1,000 | $2,430,000 | $— | $52,915 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.1% | +3.1% | ~100% | Not available | Partial |
| 2025 | -2.8% | +18.0% | ~100% | 2.0500% | Verified |
| 2024 | +2.9% | -15.3% | 82.4% | 1.6300% | Verified |
| 2023 | +41.6% | +41.6% | ~100% | 1.4300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.3% | +9.1% | +41.6% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 111.1% | — | 141.6% | 2023 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $70,471 | $55,718 | ~$87,541 | $70,471 | 2025 | $48,010 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,756,677 | ~$3,756,677 | ~2.0139% | ~$75,657 | +9.1% |
| 2027 | ~$4,098,337 | ~$4,098,337 | ~1.9814% | ~$81,204 | +19.0% |
| 2028 | ~$4,471,070 | ~$4,471,070 | ~1.9488% | ~$87,134 | +29.8% |
| 2029 | ~$4,877,701 | ~$4,877,701 | ~1.9163% | ~$93,471 | +41.6% |
| 2030 | ~$5,321,315 | ~$5,321,315 | ~1.8837% | ~$100,240 | +54.5% |
| 2026 | ~$3,687,807 | ~$3,687,807 | ~2.0465% | ~$75,470 | +7.1% |
| 2027 | ~$3,949,447 | ~$3,949,447 | ~2.0465% | ~$80,825 | +14.7% |
| 2028 | ~$4,229,650 | ~$4,229,650 | ~2.0465% | ~$86,559 | +22.8% |
| 2029 | ~$4,529,732 | ~$4,529,732 | ~2.0465% | ~$92,700 | +31.5% |
| 2030 | ~$4,851,105 | ~$4,851,105 | ~2.0465% | ~$99,277 | +40.9% |
| 2026 | ~$3,825,547 | ~$3,787,850 | ~1.9977% | ~$75,668 | +11.1% |
| 2027 | ~$4,249,981 | ~$4,166,635 | ~1.9488% | ~$81,201 | +23.4% |
| 2028 | ~$4,721,505 | ~$4,583,299 | ~1.9000% | ~$87,083 | +37.1% |
| 2029 | ~$5,245,344 | ~$5,041,628 | ~1.8512% | ~$93,330 | +52.3% |
| 2030 | ~$5,827,301 | ~$5,545,791 | ~1.8024% | ~$99,956 | +69.2% |
In 2025, this property's market value of $3,443,500 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +143% 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 | $3,443,500 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,431,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,431,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,431,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,431,000 | $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.