708 S LAMAR BLVD TX 78704
| Owner | BARR PAUL T & ILENE TRUST |
|---|---|
| Parcel ID | 0103030609 |
| Short ID | 103327 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,256 SF |
| Land SF | 12,210 SF |
| Acres | 0.280 |
| Year Built | 1951 |
| Legal | LOT 6 BLK A BLUFF VIEW |
| Neighborhood | 20CEN |
| Land | $2,319,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,319,900 |
| Improvement | $70,569 |
|---|---|
| Total Improvement | $70,569 |
| Market | $2,390,469 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,390,469 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,390,469 |
| Taxable Value | $2,390,469 |
|---|
Appreciation: Market value has risen +36.6% from $1,750,000 (2021) to $2,390,469 (2025), a CAGR of 8.1% 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 $48,921. 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 ($2,319,900 land vs $70,569 improvements), about $190/SF of land. With value concentrated in the land under a ~75-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 $2,390,469, 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,530,120 by 2030, with an estimated annual tax burden around $66,498. 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 | 5,000 SF | ✗ |
| 1ST | 1st Floor | 4,300 SF | ✓ |
| 2ND | 2nd Floor | 956 SF | ✓ |
| 501 | CANOPY | 100 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% | $22,116.62 | $22,116.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,526.46 | $12,526.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,984.46 | $8,984.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,821.30 | $2,821.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,471.74 | $2,471.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,920.58 | $48,920.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,390,469 | $2,390,469 | +0.0% |
| Assessed Value | $2,390,469 | $2,390,469 | +0.0% |
| Land Value | $2,319,900 | $2,319,900 | +0.0% |
| Improvement Value | $70,569 | $70,569 | +0.0% |
| Taxable Value | $2,390,469 | $2,390,469 | +0.0% |
| Total Tax 2026 = estimate |
~$48,921
Estimated
|
~$48,921
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,390,469 | $2,390,469 | +0 (+0.0%) |
| Taxable Value | $2,390,469 | $2,390,469 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,390,469 | $2,319,900 | $70,569 | — | $2,390,469 | $2,390,469 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,390,469 | $2,319,900 | $70,569 | — | $2,390,469 | $2,390,469 | ~$48,921 | Partial |
| 2024 | $2,320,900 | — | — | −$1,000 | $2,319,900 | $— | $47,558 | Verified |
| 2023 | $1,579,633 | — | — | — | $2,319,900 ! | $— | $41,991 | Verified |
| 2022 | $1,600,000 | — | — | −$134,800 | $1,465,200 | $— | $31,197 | Verified |
| 2021 | $1,750,000 | — | — | −$284,800 | $1,465,200 | $— | $34,827 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -2.8% | -2.8% | ~100% | Not available | Partial |
| 2024 | +2.6% | +2.6% | ~100% | 1.9300% | Verified |
| 2023 | +51.8% | +51.8% | ~100% | 1.7500% | Verified |
| 2022 | -1.3% | -1.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.0% | +8.1% | +46.9% | 2024 | -8.6% | 2022 |
| Assessment Ratio | 100.0% | 103.7% | — | 146.9% | 2023 | 83.7% | 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 |
$48,921 | $40,898 | ~$59,067 | $48,921 | 2025 | $31,197 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,584,309 | ~$2,584,309 | ~2.0139% | ~$52,046 | +8.1% |
| 2027 | ~$2,793,866 | ~$2,793,866 | ~1.9814% | ~$55,357 | +16.9% |
| 2028 | ~$3,020,417 | ~$3,020,417 | ~1.9488% | ~$58,863 | +26.4% |
| 2029 | ~$3,265,338 | ~$3,265,338 | ~1.9163% | ~$62,573 | +36.6% |
| 2030 | ~$3,530,120 | ~$3,530,120 | ~1.8837% | ~$66,498 | +47.7% |
| 2026 | ~$2,536,499 | ~$2,536,499 | ~2.0465% | ~$51,909 | +6.1% |
| 2027 | ~$2,691,450 | ~$2,691,450 | ~2.0465% | ~$55,080 | +12.6% |
| 2028 | ~$2,855,867 | ~$2,855,867 | ~2.0465% | ~$58,445 | +19.5% |
| 2029 | ~$3,030,328 | ~$3,030,328 | ~2.0465% | ~$62,015 | +26.8% |
| 2030 | ~$3,215,446 | ~$3,215,446 | ~2.0465% | ~$65,804 | +34.5% |
| 2026 | ~$2,632,118 | ~$2,629,516 | ~1.9977% | ~$52,529 | +10.1% |
| 2027 | ~$2,898,195 | ~$2,892,467 | ~1.9488% | ~$56,370 | +21.2% |
| 2028 | ~$3,191,169 | ~$3,181,714 | ~1.9000% | ~$60,453 | +33.5% |
| 2029 | ~$3,513,760 | ~$3,499,886 | ~1.8512% | ~$64,790 | +47.0% |
| 2030 | ~$3,868,961 | ~$3,849,874 | ~1.8024% | ~$69,389 | +61.8% |
In 2025, this property's market value of $2,390,469 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +69% 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 | $2,390,469 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,320,900 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,579,633 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,600,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,750,000 | $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.