701 S LAMAR BLVD TX 78704
| Owner | 801 LTD |
|---|---|
| Parcel ID | 0102020117 |
| Short ID | 101873 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,739 SF |
| Land SF | 22,215 SF |
| Acres | 0.510 |
| Year Built | 1956 |
| Legal | ABS 8 SUR 20 DECKER I ACR 0.5100 |
| Neighborhood | 43CEN |
| Land | $4,220,850 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,220,850 |
| Improvement | $122,346 |
|---|---|
| Total Improvement | $122,346 |
| Market | $4,343,196 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,343,196 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,343,196 |
| Taxable Value | $4,343,196 |
|---|
Appreciation: Market value has risen +37.0% from $3,170,257 (2021) to $4,343,196 (2025), a CAGR of 8.2% 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 $88,883. 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 97% of market value ($4,220,850 land vs $122,346 improvements), about $190/SF of land. With value concentrated in the land under a ~70-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 $4,343,196, 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 +8.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,437,291 by 2030, with an estimated annual tax burden around $121,262. 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 | 11,739 SF | ✓ |
| 551 | PAVED AREA | 7,500 SF | ✗ |
| 611 | TERRACE | 1,261 SF | ✗ |
| 501 | CANOPY | 318 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 28 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% | $40,183.25 | $40,183.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,759.09 | $22,759.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,323.69 | $16,323.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,125.97 | $5,125.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,490.86 | $4,490.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $88,882.86 | $88,882.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,387,162 | $4,343,196 | +1.0% |
| Assessed Value | $4,387,162 | $4,343,196 | +1.0% |
| Land Value | $4,220,850 | $4,220,850 | +0.0% |
| Improvement Value | $166,312 | $122,346 | +35.9% |
| Taxable Value | $4,387,162 | $4,343,196 | +1.0% |
| Total Tax 2026 = estimate |
~$89,783
Estimated
|
~$88,883
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,387,162 | $4,387,162 | +0 (+0.0%) |
| Taxable Value | $4,387,162 | $4,387,162 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,387,162 | $4,220,850 | $166,312 | — | $4,387,162 | $4,387,162 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,343,196 | $4,220,850 | $122,346 | — | $4,343,196 | $4,343,196 | ~$88,883 | Partial |
| 2024 | $4,078,853 | — | — | — | — | $— | $86,074 | Verified |
| 2023 | $2,765,000 | — | — | — | — | $— | $73,797 | Verified |
| 2022 | $2,765,000 | — | — | −$99,200 | $2,665,800 | $— | $54,607 | Verified |
| 2021 | $3,170,257 | — | — | −$504,457 | $2,665,800 | $— | $60,185 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +6.5% | +6.5% | ~100% | 1.9800% | Verified |
| 2023 | +47.5% | +47.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | +8.4% | +8.0% | +47.5% | 2024 | -12.8% | 2022 |
| Assessment Ratio | 100.0% | 95.1% | — | 100.0% | 2025 | 84.1% | 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 |
$88,883 | $72,709 | ~$107,564 | $88,883 | 2025 | $54,607 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,698,813 | ~$4,698,813 | ~2.0139% | ~$94,631 | +8.2% |
| 2027 | ~$5,083,548 | ~$5,083,548 | ~1.9814% | ~$100,725 | +17.0% |
| 2028 | ~$5,499,784 | ~$5,499,784 | ~1.9488% | ~$107,182 | +26.6% |
| 2029 | ~$5,950,102 | ~$5,950,102 | ~1.9163% | ~$114,021 | +37.0% |
| 2030 | ~$6,437,291 | ~$6,437,291 | ~1.8837% | ~$121,262 | +48.2% |
| 2026 | ~$4,611,949 | ~$4,611,949 | ~2.0465% | ~$94,383 | +6.2% |
| 2027 | ~$4,897,333 | ~$4,897,333 | ~2.0465% | ~$100,223 | +12.8% |
| 2028 | ~$5,200,375 | ~$5,200,375 | ~2.0465% | ~$106,425 | +19.7% |
| 2029 | ~$5,522,170 | ~$5,522,170 | ~2.0465% | ~$113,010 | +27.1% |
| 2030 | ~$5,863,877 | ~$5,863,877 | ~2.0465% | ~$120,003 | +35.0% |
| 2026 | ~$4,785,677 | ~$4,777,516 | ~1.9977% | ~$95,439 | +10.2% |
| 2027 | ~$5,273,238 | ~$5,255,267 | ~1.9488% | ~$102,417 | +21.4% |
| 2028 | ~$5,810,470 | ~$5,780,794 | ~1.9000% | ~$109,836 | +33.8% |
| 2029 | ~$6,402,436 | ~$6,358,873 | ~1.8512% | ~$117,715 | +47.4% |
| 2030 | ~$7,054,711 | ~$6,994,761 | ~1.8024% | ~$126,072 | +62.4% |
In 2025, this property's market value of $4,343,196 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,343,196 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,078,853 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,765,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,765,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $3,170,257 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.