626 N LAMAR BLVD TX 78703
| Owner | 626 LLC |
|---|---|
| Parcel ID | 0108010908 |
| Short ID | 106585 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,872 SF |
| Land SF | 6,738 SF |
| Acres | 0.155 |
| Year Built | 1957 |
| Legal | W 122.5 FT OF LOT 3 BLK D OLT 2 DIV Z LEDBETTER & GREATHOUSE |
| Neighborhood | 32CEN |
| Land | $1,010,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,010,700 |
| Improvement | $13,172 |
|---|---|
| Total Improvement | $13,172 |
| Market | $1,023,872 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,023,872 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,023,872 |
| Taxable Value | $1,023,872 |
|---|
Appreciation: Market value has risen +8.4% from $944,868 (2021) to $1,023,872 (2025), a CAGR of 2.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $20,953. 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 99% of market value ($1,010,700 land vs $13,172 improvements), about $150/SF of land. With value concentrated in the land under a ~69-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 $1,023,872, this parcel sits in the lower-middle (25th–50th 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 +2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,131,980 by 2030, with an estimated annual tax burden around $21,324. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,471 SF | ✗ |
| 1ST | 1st Floor | 1,296 SF | ✓ |
| 2ND | 2nd Floor | 576 SF | ✓ |
| 501 | CANOPY | 84 SF | ✗ |
| 611 | TERRACE | 84 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $9,472.86 | $9,472.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,365.26 | $5,365.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,848.17 | $3,848.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,208.40 | $1,208.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,058.68 | $1,058.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,953.37 | $20,953.37 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,024,753 | $1,023,872 | +0.1% |
| Assessed Value | $1,024,753 | $1,023,872 | +0.1% |
| Land Value | $1,010,700 | $1,010,700 | +0.0% |
| Improvement Value | $14,053 | $13,172 | +6.7% |
| Taxable Value | $1,024,753 | $1,023,872 | +0.1% |
| Total Tax 2026 = estimate |
~$20,971
Estimated
|
~$20,953
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,024,753 | $1,024,753 | +0 (+0.0%) |
| Taxable Value | $1,024,753 | $1,024,753 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,024,753 | $1,010,700 | $14,053 | — | $1,024,753 | $1,024,753 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,023,872 | $1,010,700 | $13,172 | — | $1,023,872 | $1,023,872 | ~$20,953 | Partial |
| 2024 | $1,037,184 | — | — | −$26,484 | $1,010,700 | $— | $20,548 | Verified |
| 2023 | $859,527 | — | — | — | $1,010,700 ! | $— | $18,765 | Verified |
| 2022 | $878,524 | — | — | −$36,274 | $842,250 | $— | $16,975 | Verified |
| 2021 | $944,868 | — | — | −$102,618 | $842,250 | $— | $19,123 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2024 | -0.0% | -0.0% | ~100% | 1.9800% | Verified |
| 2023 | +20.7% | +20.7% | ~100% | 1.8100% | Verified |
| 2022 | -2.2% | -2.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +2.1% | +2.0% | +20.7% | 2024 | -7.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 117.6% | 2023 | 89.1% | 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 |
$20,953 | $19,273 | ~$21,187 | $20,953 | 2025 | $16,975 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,044,634 | ~$1,044,634 | ~2.0139% | ~$21,038 | +2.0% |
| 2027 | ~$1,065,818 | ~$1,065,818 | ~1.9814% | ~$21,118 | +4.1% |
| 2028 | ~$1,087,431 | ~$1,087,431 | ~1.9488% | ~$21,192 | +6.2% |
| 2029 | ~$1,109,482 | ~$1,109,482 | ~1.9163% | ~$21,261 | +8.4% |
| 2030 | ~$1,131,980 | ~$1,131,980 | ~1.8837% | ~$21,324 | +10.6% |
| 2026 | ~$1,024,157 | ~$1,024,157 | ~2.0465% | ~$20,959 | +0.0% |
| 2027 | ~$1,024,442 | ~$1,024,442 | ~2.0465% | ~$20,965 | +0.1% |
| 2028 | ~$1,024,727 | ~$1,024,727 | ~2.0465% | ~$20,971 | +0.1% |
| 2029 | ~$1,025,012 | ~$1,025,012 | ~2.0465% | ~$20,977 | +0.1% |
| 2030 | ~$1,025,297 | ~$1,025,297 | ~2.0465% | ~$20,983 | +0.1% |
| 2026 | ~$1,065,112 | ~$1,065,112 | ~1.9977% | ~$21,277 | +4.0% |
| 2027 | ~$1,108,013 | ~$1,108,013 | ~1.9488% | ~$21,593 | +8.2% |
| 2028 | ~$1,152,641 | ~$1,152,641 | ~1.9000% | ~$21,900 | +12.6% |
| 2029 | ~$1,199,068 | ~$1,199,068 | ~1.8512% | ~$22,197 | +17.1% |
| 2030 | ~$1,247,364 | ~$1,247,364 | ~1.8024% | ~$22,482 | +21.8% |
In 2025, this property's market value of $1,023,872 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -28% below 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 | $1,023,872 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,037,184 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $859,527 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $878,524 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $944,868 | $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.