716 S LAMAR BLVD TX 78704
| Owner | BARR PAUL T & ILENE TRUST |
|---|---|
| Parcel ID | 0103030610 |
| Short ID | 103328 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,244 SF |
| Land SF | 7,590 SF |
| Acres | 0.174 |
| Year Built | 1937 |
| Legal | LOT 68 OKIE HEIGHTS |
| Neighborhood | 59SCN |
| Land | $1,442,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,442,100 |
| Improvement | $39,413 |
|---|---|
| Total Improvement | $39,413 |
| Market | $1,481,513 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,481,513 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,481,513 |
| Taxable Value | $1,481,513 |
|---|
Appreciation: Market value has risen +61.6% from $917,000 (2021) to $1,481,513 (2025), a CAGR of 12.7% 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 $30,319. 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 ($1,442,100 land vs $39,413 improvements), about $190/SF of land. With value concentrated in the land under a ~89-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 $1,481,513, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,698,520 by 2030, with an estimated annual tax burden around $44,946. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,244 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,244 SF | ✗ |
| 581C | STORAGE ATT COMM | 392 SF | ✓ |
| 630C | PORCH CLOS FIN COMM | 162 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 28 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% | $13,706.96 | $13,706.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,763.38 | $7,763.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,568.19 | $5,568.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,748.53 | $1,748.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,531.88 | $1,531.88 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,318.94 | $30,318.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,481,513 | $1,481,513 | +0.0% |
| Assessed Value | $1,481,513 | $1,481,513 | +0.0% |
| Land Value | $1,442,100 | $1,442,100 | +0.0% |
| Improvement Value | $39,413 | $39,413 | +0.0% |
| Taxable Value | $1,481,513 | $1,481,513 | +0.0% |
| Total Tax 2026 = estimate |
~$30,319
Estimated
|
~$30,319
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,540,825 | $1,481,513 | -59,312 (-3.8%) |
| Taxable Value | $1,540,825 | $1,481,513 | -59,312 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,481,513 | $1,442,100 | $39,413 | — | $1,481,513 | $1,481,513 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,481,513 | $1,442,100 | $39,413 | — | $1,481,513 | $1,481,513 | ~$30,319 | Partial |
| 2024 | $1,398,012 | — | — | — | $1,442,100 ! | $— | $29,382 | Verified |
| 2023 | $891,518 | — | — | — | $1,398,012 ! | $— | $25,293 | Verified |
| 2022 | $917,000 | — | — | −$25,482 | $891,518 | $— | $17,607 | Verified |
| 2021 | $917,000 | — | — | −$6,200 | $910,800 | $— | $19,960 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +7.5% | +7.5% | ~100% | 1.9600% | Verified |
| 2023 | +47.4% | +47.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.4% | +3.4% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.0% | +12.7% | +56.8% | 2024 | -2.8% | 2023 |
| Assessment Ratio | 100.0% | 109.4% | — | 156.8% | 2023 | 97.2% | 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 |
$30,319 | $24,512 | ~$38,656 | $30,319 | 2025 | $17,607 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,670,281 | ~$1,629,664 | ~2.0139% | ~$32,820 | +12.7% |
| 2027 | ~$1,883,101 | ~$1,792,631 | ~1.9814% | ~$35,519 | +27.1% |
| 2028 | ~$2,123,037 | ~$1,971,894 | ~1.9488% | ~$38,429 | +43.3% |
| 2029 | ~$2,393,545 | ~$2,169,083 | ~1.9163% | ~$41,566 | +61.6% |
| 2030 | ~$2,698,520 | ~$2,385,992 | ~1.8837% | ~$44,946 | +82.1% |
| 2026 | ~$1,640,651 | ~$1,629,664 | ~2.0465% | ~$33,351 | +10.7% |
| 2027 | ~$1,816,882 | ~$1,792,631 | ~2.0465% | ~$36,686 | +22.6% |
| 2028 | ~$2,012,043 | ~$1,971,894 | ~2.0465% | ~$40,355 | +35.8% |
| 2029 | ~$2,228,168 | ~$2,169,083 | ~2.0465% | ~$44,390 | +50.4% |
| 2030 | ~$2,467,508 | ~$2,385,992 | ~2.0465% | ~$48,829 | +66.6% |
| 2026 | ~$1,699,911 | ~$1,629,664 | ~1.9977% | ~$32,555 | +14.7% |
| 2027 | ~$1,950,504 | ~$1,792,631 | ~1.9488% | ~$34,936 | +31.7% |
| 2028 | ~$2,238,039 | ~$1,971,894 | ~1.9000% | ~$37,466 | +51.1% |
| 2029 | ~$2,567,961 | ~$2,169,083 | ~1.8512% | ~$40,154 | +73.3% |
| 2030 | ~$2,946,519 | ~$2,385,992 | ~1.8024% | ~$43,004 | +98.9% |
In 2025, this property's market value of $1,481,513 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +5% 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 | $1,481,513 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,398,012 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $891,518 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $917,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $917,000 | $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.