601 N LAMAR BLVD TX 78703
| Owner | BROADCAST FINANCIAL SERVICES INC |
|---|---|
| Parcel ID | 0107000121 |
| Short ID | 105301 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 102,314 SF |
| Land SF | 181,563 SF |
| Acres | 4.168 |
| Year Built | 1994 |
| Legal | LOT A RESUB LT 12-15 & 17-24 LOT 16,25-32 BLK E LOT 2 BLK F OLT 2 DIV Z PLUS VAC ALLEY RAYMOND SUBD |
| Neighborhood | 41CBD |
| Land | $27,872,864 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $27,872,864 |
| Improvement | $4,095,073 |
|---|---|
| Total Improvement | $4,095,073 |
| Market | $31,967,937 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $31,967,937 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $31,967,937 |
| Taxable Value | $31,967,937 |
|---|
Appreciation: Market value has fallen -0.1% from $32,000,000 (2021) to $31,967,937 (2025), a CAGR of -0.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $654,219. 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 87% of market value ($27,872,864 land vs $4,095,073 improvements), about $154/SF of land. With value concentrated in the land under a ~32-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 $31,967,937, this parcel sits in the top quartile (≥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 -0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $31,927,903 by 2030, with an estimated annual tax burden around $601,439. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 119,712 SF | ✗ |
| 187 | PARKING GARAGE | 112,500 SF | ✓ |
| 491 | SPRINKLER HEADS | 106,397 SF | ✗ |
| 3RD | 3rd Floor | 42,748 SF | ✓ |
| 551 | PAVED AREA | 41,000 SF | ✗ |
| 1ST | 1st Floor | 39,766 SF | ✓ |
| 2ND | 2nd Floor | 19,800 SF | ✓ |
| 501 | CANOPY | 4,990 SF | ✗ |
| 4TH | 4th Floor | 4,083 SF | ✓ |
| 482 | LIGHT POLES | 14 SF | ✓ |
| 276 | ELEVATOR COM PAS | 3 SF | ✓ |
| 333 | MECHANICAL RM FV | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 336 | FENCE MASON FV | 1 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% | $288,662.40 | $288,662.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $163,493.30 | $163,493.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $117,263.64 | $117,263.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $36,823.18 | $36,823.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $32,260.80 | $32,260.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $638,503.32 | $638,503.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,428,511 | $31,967,937 | -4.8% |
| Assessed Value | $30,428,511 | $31,967,937 | -4.8% |
| Land Value | $36,312,600 | $27,872,864 | +30.3% |
| Improvement Value | — | $4,095,073 | — |
| Taxable Value | $30,428,511 | $31,967,937 | -4.8% |
| Total Tax 2026 = estimate |
~$622,715
Estimated
|
~$638,503
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,428,511 | $30,428,511 | +0 (+0.0%) |
| Taxable Value | $30,428,511 | $30,428,511 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $30,428,511 | $36,312,600 | — | — | $30,428,511 | $30,428,511 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $31,967,937 | $27,872,864 | $4,095,073 | — | $31,967,937 | $31,967,937 | ~$638,503 | Partial |
| 2024 | $32,254,000 | — | — | −$4,381,136 | $27,872,864 | $— | $626,095 | Verified |
| 2023 | $32,254,000 | — | — | −$99,193 | $32,154,807 | $— | $583,555 | Verified |
| 2022 | $32,965,000 | — | — | −$810,193 | $32,154,807 | $— | $637,518 | Verified |
| 2021 | $32,000,000 | — | — | — | $32,154,807 ! | $— | $702,811 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2025 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2024 | +3.2% | +3.2% | ~100% | 1.8800% | Verified |
| 2023 | -1.6% | -1.6% | ~100% | 1.8100% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | -1.0% | +1.0% | +3.0% | 2022 | -4.8% | 2026 |
| Assessment Ratio | 100.0% | 97.4% | — | 100.5% | 2021 | 86.4% | 2024 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$638,503 | $637,696 | ~$622,541 | $702,811 | 2021 | $583,555 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$31,959,926 | ~$31,959,926 | ~2.0139% | ~$643,653 | -0.0% |
| 2027 | ~$31,951,918 | ~$31,951,918 | ~1.9814% | ~$633,091 | -0.1% |
| 2028 | ~$31,943,911 | ~$31,943,911 | ~1.9488% | ~$622,536 | -0.1% |
| 2029 | ~$31,935,906 | ~$31,935,906 | ~1.9163% | ~$611,985 | -0.1% |
| 2030 | ~$31,927,903 | ~$31,927,903 | ~1.8837% | ~$601,439 | -0.1% |
| 2026 | ~$31,320,568 | ~$31,320,568 | ~2.0465% | ~$640,971 | -2.0% |
| 2027 | ~$30,686,308 | ~$30,686,308 | ~2.0465% | ~$627,991 | -4.0% |
| 2028 | ~$30,064,892 | ~$30,064,892 | ~2.0465% | ~$615,274 | -6.0% |
| 2029 | ~$29,456,060 | ~$29,456,060 | ~2.0465% | ~$602,814 | -7.9% |
| 2030 | ~$28,859,558 | ~$28,859,558 | ~2.0465% | ~$590,607 | -9.7% |
| 2026 | ~$32,599,285 | ~$32,599,285 | ~1.9977% | ~$651,224 | +2.0% |
| 2027 | ~$33,243,102 | ~$33,243,102 | ~1.9488% | ~$647,855 | +4.0% |
| 2028 | ~$33,899,634 | ~$33,899,634 | ~1.9000% | ~$644,099 | +6.0% |
| 2029 | ~$34,569,131 | ~$34,569,131 | ~1.8512% | ~$639,942 | +8.1% |
| 2030 | ~$35,251,852 | ~$35,251,852 | ~1.8024% | ~$635,369 | +10.3% |
In 2025, this property's market value of $31,967,937 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 23× 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 | $31,967,937 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $32,254,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $32,254,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $32,965,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $32,000,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.