611 S LAMAR BLVD TX 78704
| Owner | HAWKINS FAMILY PARTNERS L P |
|---|---|
| Parcel ID | 0102020111 |
| Short ID | 101870 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,500 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 1953 |
| Legal | ABS 8 SUR 20 DECKER I ACR 0.4400 |
| Neighborhood | 20CEN |
| Land | $3,356,160 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,356,160 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,720,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,720,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,720,000 |
| Taxable Value | $2,720,000 |
|---|
Appreciation: Market value has risen +23.2% from $2,208,300 (2021) to $2,720,000 (2025), a CAGR of 5.3% 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 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 $55,664. 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 123% of market value ($3,356,160 land vs $0 improvements), about $190/SF of land. With value concentrated in the land under a ~73-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 $2,720,000, 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 +5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,529,453 by 2030, with an estimated annual tax burden around $66,486. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 7,500 SF | ✓ |
| SO | Sketch Only | 7,500 SF | ✗ |
| 551 | PAVED AREA | 1,500 SF | ✗ |
| 501 | CANOPY | 300 SF | ✗ |
| 541 | FENCE COMM LF | 150 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% | $25,165.44 | $25,165.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,253.26 | $14,253.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,222.98 | $10,222.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,210.23 | $3,210.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,812.48 | $2,812.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,664.39 | $55,664.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,840,000 | $2,720,000 | +4.4% |
| Assessed Value | $2,840,000 | $2,720,000 | +4.4% |
| Land Value | $3,356,160 | $3,356,160 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,840,000 | $2,720,000 | +4.4% |
| Total Tax 2026 = estimate |
~$58,120
Estimated
|
~$55,664
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,454,017 | $2,840,000 | -614,017 (-17.8%) |
| Taxable Value | $3,264,000 | $2,840,000 | -424,000 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,840,000 | $3,356,160 | — | — | $2,840,000 | $2,840,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,720,000 | $3,356,160 | — | — | $2,720,000 | $2,720,000 | ~$55,664 | Partial |
| 2024 | $3,090,000 | — | — | — | $3,356,160 ! | $— | $65,547 | Verified |
| 2023 | $2,252,832 | — | — | — | $3,356,160 ! | $— | $56,348 | Verified |
| 2022 | $2,210,205 | — | — | −$90,525 | $2,119,680 | $— | $44,492 | Verified |
| 2021 | $2,208,300 | — | — | −$88,620 | $2,119,680 | $— | $48,109 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.0% | +20.0% | 94.5% | Not available | Partial |
| 2025 | -21.1% | -21.1% | ~100% | Not available | Partial |
| 2024 | -2.6% | -2.6% | ~100% | 1.9000% | Verified |
| 2023 | +57.1% | +57.1% | ~100% | 1.5900% | Verified |
| 2022 | +1.9% | +1.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.4% | +6.3% | +4.5% | +37.2% | 2024 | -12.0% | 2025 |
| Assessment Ratio | 100.0% | 108.2% | — | 149.0% | 2023 | 95.9% | 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 |
$55,664 | $54,032 | ~$62,037 | $65,547 | 2024 | $44,492 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,865,475 | ~$2,865,475 | ~2.0139% | ~$57,709 | +5.3% |
| 2027 | ~$3,018,730 | ~$3,018,730 | ~1.9814% | ~$59,813 | +11.0% |
| 2028 | ~$3,180,182 | ~$3,180,182 | ~1.9488% | ~$61,977 | +16.9% |
| 2029 | ~$3,350,269 | ~$3,350,269 | ~1.9163% | ~$64,201 | +23.2% |
| 2030 | ~$3,529,453 | ~$3,529,453 | ~1.8837% | ~$66,486 | +29.8% |
| 2026 | ~$2,811,075 | ~$2,811,075 | ~2.0465% | ~$57,528 | +3.3% |
| 2027 | ~$2,905,199 | ~$2,905,199 | ~2.0465% | ~$59,454 | +6.8% |
| 2028 | ~$3,002,475 | ~$3,002,475 | ~2.0465% | ~$61,445 | +10.4% |
| 2029 | ~$3,103,009 | ~$3,103,009 | ~2.0465% | ~$63,503 | +14.1% |
| 2030 | ~$3,206,908 | ~$3,206,908 | ~2.0465% | ~$65,629 | +17.9% |
| 2026 | ~$2,919,875 | ~$2,919,875 | ~1.9977% | ~$58,329 | +7.3% |
| 2027 | ~$3,134,437 | ~$3,134,437 | ~1.9488% | ~$61,085 | +15.2% |
| 2028 | ~$3,364,767 | ~$3,364,767 | ~1.9000% | ~$63,931 | +23.7% |
| 2029 | ~$3,612,021 | ~$3,612,021 | ~1.8512% | ~$66,866 | +32.8% |
| 2030 | ~$3,877,445 | ~$3,877,445 | ~1.8024% | ~$69,886 | +42.6% |
In 2025, this property's market value of $2,720,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +92% 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 | $2,720,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,090,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,252,832 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,210,205 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,208,300 | $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.