1011 N LAMAR BLVD AUSTIN, TX 78703
| Owner | 1011 HITCHING POST LTD |
|---|---|
| Parcel ID | 0208000407 |
| Short ID | 196577 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,779 SF |
| Land SF | 16,231 SF |
| Acres | 0.373 |
| Year Built | 1946 |
| Legal | LOT 1&2 *PLUS ADJ 8.21 FT AV BLK 3 OLT 5 DIV Z SILLIMAN SUBD |
| Neighborhood | 53CBD |
| Land | $1,420,213 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,420,213 |
| Improvement | $812,771 |
|---|---|
| Total Improvement | $812,771 |
| Market | $2,232,984 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,232,984 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,232,984 |
| Taxable Value | $2,232,984 |
|---|
Appreciation: Market value has risen +4.1% from $2,145,000 (2021) to $2,232,984 (2025), a CAGR of 1.0% 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 $45,698. 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 64% of market value ($1,420,213 land vs $812,771 improvements), about $88/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,232,984, 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 +1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,348,056 by 2030, with an estimated annual tax burden around $44,231. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,419 SF | ✓ |
| 551 | PAVED AREA | 4,400 SF | ✗ |
| 501 | CANOPY | 513 SF | ✗ |
| 2ND | 2nd Floor | 360 SF | ✓ |
| 522C | FIREPLACE COMM | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 106% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $20,659.57 | $20,659.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,701.22 | $11,701.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,392.56 | $8,392.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,635.43 | $2,635.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,308.91 | $2,308.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,697.69 | $45,697.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,734,351 | $2,232,984 | +67.2% |
| Assessed Value | $2,679,581 | $2,232,984 | +20.0% |
| Land Value | $2,921,580 | $1,420,213 | +105.7% |
| Improvement Value | $812,771 | $812,771 | +0.0% |
| Taxable Value | $2,679,581 | $2,232,984 | +20.0% |
| HS Cap Loss | -$1,054,770 | — | |
| Total Tax 2026 = estimate |
~$54,837
Estimated
|
~$45,698
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,592,934 | $3,734,351 | -858,583 (-18.7%) |
| Taxable Value | $2,679,581 | $2,679,581 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,734,351 | $2,921,580 | $812,771 | −$1,054,770 | $2,679,581 | $2,679,581 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,232,984 | $1,420,213 | $812,771 | — | $2,232,984 | $2,232,984 | ~$45,698 | Partial |
| 2024 | $2,700,000 | — | — | −$1,279,787 | $1,420,213 | $— | $44,084 | Verified |
| 2023 | $2,595,000 | — | — | −$1,174,787 | $1,420,213 | $— | $49,373 | Verified |
| 2022 | $2,274,000 | — | — | −$853,787 | $1,420,213 | $— | $51,249 | Verified |
| 2021 | $2,145,000 | — | — | −$724,787 | $1,420,213 | $— | $49,498 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +105.7% ! | +20.0% | 58.3% | Not available | Partial |
| 2025 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2024 | -39.2% | -39.2% | ~100% | 1.9800% | Verified |
| 2023 | +41.0% | +41.0% | ~100% | 1.3500% | Verified |
| 2022 | +14.1% | +14.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +67.2% | +14.8% | -7.1% | +67.2% | 2026 | -17.3% | 2025 |
| Assessment Ratio | 71.8% | 68.0% | — | 100.0% | 2025 | 52.6% | 2024 |
| 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 |
$45,698 | $47,980 | ~$44,839 | $51,249 | 2022 | $44,084 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,255,538 | ~$2,255,538 | ~2.0139% | ~$45,425 | +1.0% |
| 2027 | ~$2,278,320 | ~$2,278,320 | ~1.9814% | ~$45,142 | +2.0% |
| 2028 | ~$2,301,332 | ~$2,301,332 | ~1.9488% | ~$44,849 | +3.1% |
| 2029 | ~$2,324,577 | ~$2,324,577 | ~1.9163% | ~$44,546 | +4.1% |
| 2030 | ~$2,348,056 | ~$2,348,056 | ~1.8837% | ~$44,231 | +5.2% |
| 2026 | ~$2,210,879 | ~$2,210,879 | ~2.0465% | ~$45,245 | -1.0% |
| 2027 | ~$2,188,992 | ~$2,188,992 | ~2.0465% | ~$44,797 | -2.0% |
| 2028 | ~$2,167,322 | ~$2,167,322 | ~2.0465% | ~$44,354 | -2.9% |
| 2029 | ~$2,145,867 | ~$2,145,867 | ~2.0465% | ~$43,915 | -3.9% |
| 2030 | ~$2,124,623 | ~$2,124,623 | ~2.0465% | ~$43,480 | -4.9% |
| 2026 | ~$2,300,198 | ~$2,300,198 | ~1.9977% | ~$45,950 | +3.0% |
| 2027 | ~$2,369,435 | ~$2,369,435 | ~1.9488% | ~$46,176 | +6.1% |
| 2028 | ~$2,440,756 | ~$2,440,756 | ~1.9000% | ~$46,375 | +9.3% |
| 2029 | ~$2,514,224 | ~$2,514,224 | ~1.8512% | ~$46,543 | +12.6% |
| 2030 | ~$2,589,903 | ~$2,589,903 | ~1.8024% | ~$46,680 | +16.0% |
In 2025, this property's market value of $2,232,984 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +58% 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 | $2,232,984 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,595,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,274,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,145,000 | $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.