1112 N LAMAR BLVD TX 78703
| Owner | BERR PROPERTIES LTD |
|---|---|
| Parcel ID | 0109011114 |
| Short ID | 107090 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 20,276 SF |
| Land SF | 38,978 SF |
| Acres | 0.895 |
| Year Built | 1956 |
| Legal | LOT 1-6 BLK 1 OLT 5 DIV Z SILLIMAN SUBD |
| Neighborhood | 43CEN |
| Land | $4,902,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,902,360 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,184,409 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,184,409 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,184,409 |
| Taxable Value | $4,184,409 |
|---|
Appreciation: Market value has fallen -5.0% from $4,403,559 (2021) to $4,184,409 (2025), a CAGR of -1.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $85,633. 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 117% of market value ($4,902,360 land vs $0 improvements), about $126/SF of land. With value concentrated in the land under a ~70-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 $4,184,409, 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 -1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,925,744 by 2030, with an estimated annual tax burden around $73,951. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 17,316 SF | ✓ |
| 551 | PAVED AREA | 12,717 SF | ✗ |
| 2ND | 2nd Floor | 2,960 SF | ✓ |
| 611 | TERRACE | 1,584 SF | ✗ |
| 501 | CANOPY | 1,050 SF | ✗ |
| 273 | COLDSTG VAULT SM | 170 SF | ✓ |
| 511 | DECK | 68 SF | ✗ |
| 541 | FENCE COMM LF | 56 SF | ✗ |
| 435 | FENCE IRON LF | 40 SF | ✗ |
| 413 | STAIRWAY EXT | 2 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% | $38,714.15 | $38,714.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,927.01 | $21,927.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,726.89 | $15,726.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,938.57 | $4,938.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,326.68 | $4,326.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $85,633.30 | $85,633.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,184,409 | $4,184,409 | +0.0% |
| Assessed Value | $4,184,409 | $4,184,409 | +0.0% |
| Land Value | $5,262,030 | $4,902,360 | +7.3% |
| Improvement Value | — | — | — |
| Taxable Value | $4,184,409 | $4,184,409 | +0.0% |
| Total Tax 2026 = estimate |
~$85,633
Estimated
|
~$85,633
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,184,409 | $4,184,409 | +0 (+0.0%) |
| Taxable Value | $4,184,409 | $4,184,409 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,184,409 | $5,262,030 | — | — | $4,184,409 | $4,184,409 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,184,409 | $4,902,360 | — | — | $4,184,409 | $4,184,409 | ~$85,633 | Partial |
| 2024 | $4,600,000 | — | — | −$415,591 | $4,184,409 | $— | $82,927 | Verified |
| 2023 | $4,509,953 | — | — | — | $4,600,000 ! | $— | $83,225 | Verified |
| 2022 | $4,535,321 | — | — | −$450,021 | $4,085,300 | $— | $89,068 | Verified |
| 2021 | $4,403,559 | — | — | −$318,259 | $4,085,300 | $— | $98,719 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -9.0% | -9.0% | ~100% | 1.9800% | Verified |
| 2023 | +2.0% | +2.0% | ~100% | 1.8100% | Verified |
| 2022 | -0.6% | -0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -0.9% | -1.3% | +3.0% | 2022 | -9.0% | 2025 |
| Assessment Ratio | 100.0% | 96.0% | — | 102.0% | 2023 | 90.1% | 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 |
$85,633 | $87,915 | ~$78,531 | $98,719 | 2021 | $82,927 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,131,347 | ~$4,131,347 | ~2.0139% | ~$83,203 | -1.3% |
| 2027 | ~$4,078,958 | ~$4,078,958 | ~1.9814% | ~$80,820 | -2.5% |
| 2028 | ~$4,027,234 | ~$4,027,234 | ~1.9488% | ~$78,484 | -3.8% |
| 2029 | ~$3,976,165 | ~$3,976,165 | ~1.9163% | ~$76,195 | -5.0% |
| 2030 | ~$3,925,744 | ~$3,925,744 | ~1.8837% | ~$73,951 | -6.2% |
| 2026 | ~$4,047,659 | ~$4,047,659 | ~2.0465% | ~$82,835 | -3.3% |
| 2027 | ~$3,915,378 | ~$3,915,378 | ~2.0465% | ~$80,128 | -6.4% |
| 2028 | ~$3,787,421 | ~$3,787,421 | ~2.0465% | ~$77,509 | -9.5% |
| 2029 | ~$3,663,645 | ~$3,663,645 | ~2.0465% | ~$74,976 | -12.4% |
| 2030 | ~$3,543,914 | ~$3,543,914 | ~2.0465% | ~$72,526 | -15.3% |
| 2026 | ~$4,215,035 | ~$4,215,035 | ~1.9977% | ~$84,202 | +0.7% |
| 2027 | ~$4,245,886 | ~$4,245,886 | ~1.9488% | ~$82,746 | +1.5% |
| 2028 | ~$4,276,963 | ~$4,276,963 | ~1.9000% | ~$81,263 | +2.2% |
| 2029 | ~$4,308,266 | ~$4,308,266 | ~1.8512% | ~$79,754 | +3.0% |
| 2030 | ~$4,339,799 | ~$4,339,799 | ~1.8024% | ~$78,219 | +3.7% |
In 2025, this property's market value of $4,184,409 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +195% 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 | $4,184,409 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,509,953 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,535,321 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,403,559 | $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.