2206 LAKE AUSTIN BLVD AUSTIN, TX 78703
| Owner | LOLLEY R LANCE |
|---|---|
| Parcel ID | 0110060406 |
| Short ID | 109412 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,734 SF |
| Land SF | 7,936 SF |
| Acres | 0.182 |
| Year Built | 1910 |
| Legal | LOT 6 BLK 4 JOHNSON CHARLES ADDN |
| Neighborhood | 59CEN |
| Land | $872,960 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $872,960 |
| Improvement | $207,324 |
|---|---|
| Total Improvement | $207,324 |
| Market | $1,080,284 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,080,284 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,080,284 |
| Taxable Value | $1,080,284 |
|---|
Appreciation: Market value has fallen -18.5% from $1,324,800 (2021) to $1,080,284 (2025), a CAGR of -5.0% 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 $22,108. 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 81% of market value ($872,960 land vs $207,324 improvements), about $110/SF of land. With value concentrated in the land under a ~116-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 $1,080,284, 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 -5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $837,091 by 2030, with an estimated annual tax burden around $15,769. 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 | 3,500 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,734 SF | ✗ |
| 1ST | 1st Floor | 1,654 SF | ✓ |
| 2ND | 2nd Floor | 1,080 SF | ✓ |
| 513C | DECK COVERD COMM | 298 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 40 SF | ✗ |
| 251 | BATHROOM | 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% | $9,994.79 | $9,994.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,660.87 | $5,660.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,060.19 | $4,060.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,274.98 | $1,274.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,117.01 | $1,117.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,107.84 | $22,107.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,113,000 | $1,080,284 | +3.0% |
| Assessed Value | $1,113,000 | $1,080,284 | +3.0% |
| Land Value | $872,960 | $872,960 | +0.0% |
| Improvement Value | $240,040 | $207,324 | +15.8% |
| Taxable Value | $1,113,000 | $1,080,284 | +3.0% |
| Total Tax 2026 = estimate |
~$22,777
Estimated
|
~$22,108
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,113,000 | $1,113,000 | +0 (+0.0%) |
| Taxable Value | $1,113,000 | $1,113,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,113,000 | $872,960 | $240,040 | — | $1,113,000 | $1,113,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,080,284 | $872,960 | $207,324 | — | $1,080,284 | $1,080,284 | ~$22,108 | Partial |
| 2024 | $1,522,000 | — | — | −$649,040 | $872,960 | $— | $22,734 | Verified |
| 2023 | $1,522,000 | — | — | −$649,040 | $872,960 | $— | $27,537 | Verified |
| 2022 | $1,442,787 | — | — | −$569,827 | $872,960 | $— | $30,058 | Verified |
| 2021 | $1,324,800 | — | — | −$451,840 | $872,960 | $— | $31,405 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | -5.8% | -5.8% | ~100% | Not available | Partial |
| 2024 | -24.6% | -24.6% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +5.5% | +5.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | -2.3% | -5.5% | +8.9% | 2022 | -29.0% | 2025 |
| Assessment Ratio | 100.0% | 73.5% | — | 100.0% | 2025 | 57.4% | 2023 |
| 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 |
$22,108 | $26,768 | ~$18,144 | $31,405 | 2021 | $22,108 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,026,561 | ~$1,026,561 | ~2.0139% | ~$20,674 | -5.0% |
| 2027 | ~$975,510 | ~$975,510 | ~1.9814% | ~$19,329 | -9.7% |
| 2028 | ~$926,998 | ~$926,998 | ~1.9488% | ~$18,066 | -14.2% |
| 2029 | ~$880,898 | ~$880,898 | ~1.9163% | ~$16,881 | -18.5% |
| 2030 | ~$837,091 | ~$837,091 | ~1.8837% | ~$15,769 | -22.5% |
| 2026 | ~$1,026,270 | ~$1,026,270 | ~2.0465% | ~$21,002 | -5.0% |
| 2027 | ~$974,956 | ~$974,956 | ~2.0465% | ~$19,952 | -9.8% |
| 2028 | ~$926,208 | ~$926,208 | ~2.0465% | ~$18,955 | -14.3% |
| 2029 | ~$879,898 | ~$879,898 | ~2.0465% | ~$18,007 | -18.5% |
| 2030 | ~$835,903 | ~$835,903 | ~2.0465% | ~$17,107 | -22.6% |
| 2026 | ~$1,048,167 | ~$1,048,167 | ~1.9977% | ~$20,939 | -3.0% |
| 2027 | ~$1,017,005 | ~$1,017,005 | ~1.9488% | ~$19,820 | -5.9% |
| 2028 | ~$986,769 | ~$986,769 | ~1.9000% | ~$18,749 | -8.7% |
| 2029 | ~$957,432 | ~$957,432 | ~1.8512% | ~$17,724 | -11.4% |
| 2030 | ~$928,967 | ~$928,967 | ~1.8024% | ~$16,743 | -14.0% |
In 2025, this property's market value of $1,080,284 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -24% 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 | $1,080,284 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,522,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,522,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,442,787 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,324,800 | $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.