700 S LAMAR BLVD TX 78704
| Owner | SUNNY DAY 78704 LLC |
|---|---|
| Parcel ID | 0103030606 |
| Short ID | 103325 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,136 SF |
| Land SF | 12,720 SF |
| Acres | 0.292 |
| Year Built | 1948 |
| Legal | ABS 8 SUR 20 DECKER I ACR .292 |
| Neighborhood | 30CEN |
| Land | $2,416,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,416,800 |
| Improvement | $1,100 |
|---|---|
| Total Improvement | $1,100 |
| Market | $2,417,900 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,417,900 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,417,900 |
| Taxable Value | $2,417,900 |
|---|
Appreciation: Market value has risen +53.3% from $1,576,820 (2021) to $2,417,900 (2025), a CAGR of 11.3% 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 $49,482. 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 100% of market value ($2,416,800 land vs $1,100 improvements), about $190/SF of land. With value concentrated in the land under a ~78-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 $2,417,900, 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 +11.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,125,804 by 2030, with an estimated annual tax burden around $73,354. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 1ST | 1st Floor | 3,136 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,272 SF | ✓ |
| 093 | HVAC COMMRCL SF | 2,016 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% | $22,370.41 | $22,370.41 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,670.21 | $12,670.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,087.56 | $9,087.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,853.68 | $2,853.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,500.11 | $2,500.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,481.97 | $49,481.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,951,932 | $2,417,900 | +22.1% |
| Assessed Value | $2,951,932 | $2,417,900 | +22.1% |
| Land Value | $2,416,800 | $2,416,800 | +0.0% |
| Improvement Value | $535,132 | $1,100 | +48548.4% |
| Taxable Value | $2,951,932 | $2,417,900 | +22.1% |
| Total Tax 2026 = estimate |
~$60,411
Estimated
|
~$49,482
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,951,932 | $2,951,932 | +0 (+0.0%) |
| Taxable Value | $2,951,932 | $2,951,932 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,951,932 | $2,416,800 | $535,132 | — | $2,951,932 | $2,951,932 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,417,900 | $2,416,800 | $1,100 | — | $2,417,900 | $2,417,900 | ~$49,482 | Partial |
| 2024 | $2,417,800 | — | — | −$1,000 | $2,416,800 | $— | $47,918 | Verified |
| 2023 | $1,639,780 | — | — | — | $2,416,800 ! | $— | $43,744 | Verified |
| 2022 | $1,577,393 | — | — | −$50,993 | $1,526,400 | $— | $32,384 | Verified |
| 2021 | $1,576,820 | — | — | −$50,420 | $1,526,400 | $— | $34,335 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.1% | +22.1% | ~100% | Not available | Partial |
| 2025 | -0.9% | -0.9% | ~100% | Not available | Partial |
| 2024 | +0.9% | +0.9% | ~100% | 1.9600% | Verified |
| 2023 | +47.4% | +47.4% | ~100% | 1.8100% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.1% | +14.7% | +7.3% | +47.4% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 106.8% | — | 147.4% | 2023 | 96.8% | 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 |
$49,482 | $41,573 | ~$63,089 | $49,482 | 2025 | $32,384 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,690,620 | ~$2,659,690 | ~2.0139% | ~$53,564 | +11.3% |
| 2027 | ~$2,994,101 | ~$2,925,659 | ~1.9814% | ~$57,969 | +23.8% |
| 2028 | ~$3,331,812 | ~$3,218,225 | ~1.9488% | ~$62,718 | +37.8% |
| 2029 | ~$3,707,614 | ~$3,540,047 | ~1.9163% | ~$67,838 | +53.3% |
| 2030 | ~$4,125,804 | ~$3,894,052 | ~1.8837% | ~$73,354 | +70.6% |
| 2026 | ~$2,642,262 | ~$2,642,262 | ~2.0465% | ~$54,073 | +9.3% |
| 2027 | ~$2,887,443 | ~$2,887,443 | ~2.0465% | ~$59,091 | +19.4% |
| 2028 | ~$3,155,375 | ~$3,155,375 | ~2.0465% | ~$64,574 | +30.5% |
| 2029 | ~$3,448,169 | ~$3,448,169 | ~2.0465% | ~$70,566 | +42.6% |
| 2030 | ~$3,768,133 | ~$3,768,133 | ~2.0465% | ~$77,114 | +55.8% |
| 2026 | ~$2,738,978 | ~$2,659,690 | ~1.9977% | ~$53,132 | +13.3% |
| 2027 | ~$3,102,693 | ~$2,925,659 | ~1.9488% | ~$57,016 | +28.3% |
| 2028 | ~$3,514,706 | ~$3,218,225 | ~1.9000% | ~$61,147 | +45.4% |
| 2029 | ~$3,981,432 | ~$3,540,047 | ~1.8512% | ~$65,533 | +64.7% |
| 2030 | ~$4,510,134 | ~$3,894,052 | ~1.8024% | ~$70,185 | +86.5% |
In 2025, this property's market value of $2,417,900 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +71% 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 | $2,417,900 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,417,800 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,639,780 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,577,393 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,576,820 | $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.