1320 S LAMAR BLVD TX 78704
| Owner | MUSIC MANIA LLC |
|---|---|
| Parcel ID | 0102040422 |
| Short ID | 102152 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,080 SF |
| Land SF | 18,866 SF |
| Acres | 0.433 |
| Year Built | 1968 |
| Legal | LOT B BIG O CENTER |
| Neighborhood | 30CEN |
| Land | $3,207,220 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,207,220 |
| Improvement | $82,010 |
|---|---|
| Total Improvement | $82,010 |
| Market | $3,289,230 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,289,230 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,289,230 |
| Taxable Value | $3,289,230 |
|---|
Appreciation: Market value has risen +40.0% from $2,349,717 (2021) to $3,289,230 (2025), a CAGR of 8.8% 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 $67,314. 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 98% of market value ($3,207,220 land vs $82,010 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 $3,289,230, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,008,326 by 2030, with an estimated annual tax burden around $94,344. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 10,160 SF | ✗ |
| 1ST | 1st Floor | 5,080 SF | ✓ |
| 611 | TERRACE | 1,984 SF | ✗ |
| 501 | CANOPY | 1,144 SF | ✗ |
| 327 | STORAGE COMM'L | 255 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% | $30,431.96 | $30,431.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,236.12 | $17,236.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,362.41 | $12,362.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,882.05 | $3,882.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,401.06 | $3,401.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $67,313.60 | $67,313.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,289,230 | $3,289,230 | +0.0% |
| Assessed Value | $3,289,230 | $3,289,230 | +0.0% |
| Land Value | $3,207,220 | $3,207,220 | +0.0% |
| Improvement Value | $82,010 | $82,010 | +0.0% |
| Taxable Value | $3,289,230 | $3,289,230 | +0.0% |
| Total Tax 2026 = estimate |
~$67,314
Estimated
|
~$67,314
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,294,375 | $3,289,230 | -5,145 (-0.2%) |
| Taxable Value | $3,294,375 | $3,289,230 | -5,145 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,289,230 | $3,207,220 | $82,010 | — | $3,289,230 | $3,289,230 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,289,230 | $3,207,220 | $82,010 | — | $3,289,230 | $3,289,230 | ~$67,314 | Partial |
| 2024 | $3,372,590 | — | — | −$165,370 | $3,207,220 | $— | $65,170 | Verified |
| 2023 | $2,466,680 | — | — | — | $3,207,220 ! | $— | $61,018 | Verified |
| 2022 | $2,384,073 | — | — | −$120,153 | $2,263,920 | $— | $48,715 | Verified |
| 2021 | $2,349,717 | — | — | −$85,797 | $2,263,920 | $— | $51,894 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -2.5% | -2.5% | ~100% | 1.9800% | Verified |
| 2023 | +36.7% | +36.7% | ~100% | 1.8100% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.8% | +8.8% | +36.7% | 2024 | -2.5% | 2025 |
| Assessment Ratio | 100.0% | 102.7% | — | 130.0% | 2023 | 95.0% | 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 |
$67,314 | $58,822 | ~$82,847 | $67,314 | 2025 | $48,715 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,577,782 | ~$3,577,782 | ~2.0139% | ~$72,054 | +8.8% |
| 2027 | ~$3,891,648 | ~$3,891,648 | ~1.9814% | ~$77,109 | +18.3% |
| 2028 | ~$4,233,049 | ~$4,233,049 | ~1.9488% | ~$82,495 | +28.7% |
| 2029 | ~$4,604,399 | ~$4,604,399 | ~1.9163% | ~$88,234 | +40.0% |
| 2030 | ~$5,008,326 | ~$5,008,326 | ~1.8837% | ~$94,344 | +52.3% |
| 2026 | ~$3,511,998 | ~$3,511,998 | ~2.0465% | ~$71,873 | +6.8% |
| 2027 | ~$3,749,853 | ~$3,749,853 | ~2.0465% | ~$76,740 | +14.0% |
| 2028 | ~$4,003,817 | ~$4,003,817 | ~2.0465% | ~$81,938 | +21.7% |
| 2029 | ~$4,274,981 | ~$4,274,981 | ~2.0465% | ~$87,487 | +30.0% |
| 2030 | ~$4,564,510 | ~$4,564,510 | ~2.0465% | ~$93,412 | +38.8% |
| 2026 | ~$3,643,567 | ~$3,618,153 | ~1.9977% | ~$72,278 | +10.8% |
| 2027 | ~$4,036,075 | ~$3,979,968 | ~1.9488% | ~$77,563 | +22.7% |
| 2028 | ~$4,470,867 | ~$4,377,965 | ~1.9000% | ~$83,182 | +35.9% |
| 2029 | ~$4,952,498 | ~$4,815,762 | ~1.8512% | ~$89,149 | +50.6% |
| 2030 | ~$5,486,012 | ~$5,297,338 | ~1.8024% | ~$95,478 | +66.8% |
In 2025, this property's market value of $3,289,230 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +132% 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 | $3,289,230 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,372,590 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,466,680 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,384,073 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,349,717 | $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.