600 S LAMAR BLVD TX 78704
| Owner | SERENDIPITY PROPERTIES INC |
|---|---|
| Parcel ID | 0103030129 |
| Short ID | 103190 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,880 SF |
| Land SF | 6,342 SF |
| Acres | 0.146 |
| Year Built | 1974 |
| Legal | LOT 4 BLUFF VIEW BUSINESS ADDN |
| Neighborhood | 30CEN |
| Land | $921,810 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $921,810 |
| Improvement | $31,199 |
|---|---|
| Total Improvement | $31,199 |
| Market | $953,009 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $953,009 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $953,009 |
| Taxable Value | $953,009 |
|---|
| Total Due | $22,428.68 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +48.5% from $641,600 (2021) to $953,009 (2025), a CAGR of 10.4% 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 $19,503. 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 ($921,810 land vs $31,199 improvements), about $145/SF of land. With value concentrated in the land under a ~52-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 $953,009, this parcel sits in the lower-middle (25th–50th 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 +10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,562,744 by 2030, with an estimated annual tax burden around $28,912. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $22,428.68 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,400 SF | ✗ |
| 1ST | 1st Floor | 1,880 SF | ✓ |
| 501 | CANOPY | 680 SF | ✗ |
| 611 | TERRACE | 680 SF | ✗ |
| 435 | FENCE IRON LF | 100 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +442 |
| Travis County | 0.3444% | 0.3758% | +299 |
| Austin ISD | 0.9505% | 0.9252% | -241 |
| Travis Central Health | 0.1080% | 0.1180% | +96 |
| Austin Community College | 0.1013% | 0.1034% | +20 |
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% | $8,817.24 | $— | $8,817.24 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,993.93 | $— | $4,993.93 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,581.84 | $— | $3,581.84 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,124.77 | $— | $1,124.77 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $985.41 | $— | $985.41 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,503.19 | $0.00 | $19,503.19 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $954,810 | $953,009 | +0.2% |
| Assessed Value | $954,810 | $953,009 | +0.2% |
| Land Value | $921,810 | $921,810 | +0.0% |
| Improvement Value | $33,000 | $31,199 | +5.8% |
| Taxable Value | $954,810 | $953,009 | +0.2% |
| Total Tax 2026 = estimate |
~$19,540
Estimated
|
$19,503 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $954,810 | $954,810 | +0 (+0.0%) |
| Taxable Value | $954,810 | $954,810 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $954,810 | $921,810 | $33,000 | — | $954,810 | $954,810 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $953,009 | $921,810 | $31,199 | — | $953,009 | $953,009 | $19,503 | Verified |
| 2024 | $1,027,960 | — | — | −$106,150 | $921,810 | $— | $19,494 | Verified |
| 2023 | $627,995 | — | — | — | $921,810 ! | $— | $18,598 | Verified |
| 2022 | $627,995 | — | — | −$45,799 | $582,196 | $— | $12,402 | Verified |
| 2021 | $641,600 | — | — | −$59,404 | $582,196 | $— | $13,669 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | 2.0500% | Verified |
| 2024 | -4.3% | -4.3% | ~100% | 1.9800% | Verified |
| 2023 | +55.9% | +55.9% | ~100% | 1.8100% | Verified |
| 2022 | +5.0% | +5.0% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +10.9% | +10.4% | +63.7% | 2024 | -7.3% | 2025 |
| Assessment Ratio | 100.0% | 103.3% | — | 146.8% | 2023 | 89.7% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $19,503 | $16,733 | ~$24,866 | $19,503 | 2025 | $12,402 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,052,096 | ~$1,048,310 | ~2.0139% | ~$21,112 | +10.4% |
| 2027 | ~$1,161,484 | ~$1,153,141 | ~1.9814% | ~$22,848 | +21.9% |
| 2028 | ~$1,282,246 | ~$1,268,455 | ~1.9488% | ~$24,720 | +34.5% |
| 2029 | ~$1,415,564 | ~$1,395,300 | ~1.9163% | ~$26,738 | +48.5% |
| 2030 | ~$1,562,744 | ~$1,534,831 | ~1.8837% | ~$28,912 | +64.0% |
| 2026 | ~$1,033,035 | ~$1,033,035 | ~2.0465% | ~$21,141 | +8.4% |
| 2027 | ~$1,119,782 | ~$1,119,782 | ~2.0465% | ~$22,916 | +17.5% |
| 2028 | ~$1,213,812 | ~$1,213,812 | ~2.0465% | ~$24,840 | +27.4% |
| 2029 | ~$1,315,739 | ~$1,315,739 | ~2.0465% | ~$26,926 | +38.1% |
| 2030 | ~$1,426,224 | ~$1,426,224 | ~2.0465% | ~$29,187 | +49.7% |
| 2026 | ~$1,071,156 | ~$1,048,310 | ~1.9977% | ~$20,942 | +12.4% |
| 2027 | ~$1,203,949 | ~$1,153,141 | ~1.9488% | ~$22,473 | +26.3% |
| 2028 | ~$1,353,206 | ~$1,268,455 | ~1.9000% | ~$24,101 | +42.0% |
| 2029 | ~$1,520,966 | ~$1,395,300 | ~1.8512% | ~$25,830 | +59.6% |
| 2030 | ~$1,709,523 | ~$1,534,831 | ~1.8024% | ~$27,663 | +79.4% |
In 2025, this property's market value of $953,009 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -33% below 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 | $953,009 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,027,960 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $627,995 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $627,995 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $641,600 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.