912 S LAMAR BLVD TX 78704
| Owner | BALAJI REALTY CORP |
|---|---|
| Parcel ID | 0103030518 |
| Short ID | 103315 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,386 SF |
| Land SF | 21,605 SF |
| Acres | 0.496 |
| Year Built | 1965 |
| Legal | .496 AC OF LOT 4 EVERGREEN HEIGHTS |
| Neighborhood | 83CEN |
| Land | $3,111,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,111,120 |
| Improvement | $114,632 |
|---|---|
| Total Improvement | $114,632 |
| Market | $3,225,752 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,225,752 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,225,752 |
| Taxable Value | $3,225,752 |
|---|
Appreciation: Market value has risen +72.0% from $1,875,700 (2021) to $3,225,752 (2025), a CAGR of 14.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $66,015. 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 96% of market value ($3,111,120 land vs $114,632 improvements), about $144/SF of land. With value concentrated in the land under a ~61-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 $3,225,752, 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 +14.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,352,804 by 2030, with an estimated annual tax burden around $97,862. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,386 SF | ✓ |
| 551 | PAVED AREA | 4,310 SF | ✗ |
| 501 | CANOPY | 396 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% | $29,844.66 | $29,844.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,903.49 | $16,903.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,123.83 | $12,123.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,807.13 | $3,807.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,335.43 | $3,335.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $66,014.54 | $66,014.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,302,847 | $3,225,752 | +2.4% |
| Assessed Value | $3,302,847 | $3,225,752 | +2.4% |
| Land Value | $3,111,120 | $3,111,120 | +0.0% |
| Improvement Value | $191,727 | $114,632 | +67.3% |
| Taxable Value | $3,302,847 | $3,225,752 | +2.4% |
| Total Tax 2026 = estimate |
~$67,592
Estimated
|
~$66,015
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,302,847 | $3,302,847 | +0 (+0.0%) |
| Taxable Value | $3,302,847 | $3,302,847 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,302,847 | $3,111,120 | $191,727 | — | $3,302,847 | $3,302,847 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,225,752 | $3,111,120 | $114,632 | — | $3,225,752 | $3,225,752 | ~$66,015 | Partial |
| 2024 | $2,600,000 | — | — | — | $3,111,120 ! | $— | $61,833 | Verified |
| 2023 | $2,102,858 | — | — | — | $3,111,120 ! | $— | $47,040 | Verified |
| 2022 | $2,102,800 | — | — | −$28,720 | $2,074,080 | $— | $41,530 | Verified |
| 2021 | $1,875,700 | — | — | — | $2,074,080 ! | $— | $45,771 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2025 | +0.1% | +3.4% | ~100% | Not available | Partial |
| 2024 | -0.3% | -3.6% | 96.8% | 1.9200% | Verified |
| 2023 | +53.8% | +53.8% | ~100% | 1.4500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.4% | +12.4% | +14.0% | +24.1% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 112.8% | — | 147.9% | 2023 | 98.6% | 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 |
$66,015 | $52,438 | ~$84,167 | $66,015 | 2025 | $41,530 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,694,008 | ~$3,548,327 | ~2.0139% | ~$71,461 | +14.5% |
| 2027 | ~$4,230,238 | ~$3,903,160 | ~1.9814% | ~$77,337 | +31.1% |
| 2028 | ~$4,844,307 | ~$4,293,476 | ~1.9488% | ~$83,673 | +50.2% |
| 2029 | ~$5,547,516 | ~$4,722,824 | ~1.9163% | ~$90,503 | +72.0% |
| 2030 | ~$6,352,804 | ~$5,195,106 | ~1.8837% | ~$97,862 | +96.9% |
| 2026 | ~$3,629,493 | ~$3,548,327 | ~2.0465% | ~$72,616 | +12.5% |
| 2027 | ~$4,083,768 | ~$3,903,160 | ~2.0465% | ~$79,878 | +26.6% |
| 2028 | ~$4,594,900 | ~$4,293,476 | ~2.0465% | ~$87,865 | +42.4% |
| 2029 | ~$5,170,006 | ~$4,722,824 | ~2.0465% | ~$96,652 | +60.3% |
| 2030 | ~$5,817,094 | ~$5,195,106 | ~2.0465% | ~$106,317 | +80.3% |
| 2026 | ~$3,758,523 | ~$3,548,327 | ~1.9977% | ~$70,884 | +16.5% |
| 2027 | ~$4,379,288 | ~$3,903,160 | ~1.9488% | ~$76,066 | +35.8% |
| 2028 | ~$5,102,580 | ~$4,293,476 | ~1.9000% | ~$81,577 | +58.2% |
| 2029 | ~$5,945,332 | ~$4,722,824 | ~1.8512% | ~$87,429 | +84.3% |
| 2030 | ~$6,927,274 | ~$5,195,106 | ~1.8024% | ~$93,635 | +114.7% |
In 2025, this property's market value of $3,225,752 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +128% 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 | $3,225,752 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,102,858 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,102,800 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,875,700 | $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.