1200 N LAMAR BLVD TX 78703
| Owner | BRYDSON RAMSEY LTD |
|---|---|
| Parcel ID | 0210000806 |
| Short ID | 199661 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,392 SF |
| Land SF | 6,780 SF |
| Acres | 0.156 |
| Year Built | 1935 |
| Legal | E 18.83' OF S98.5' OF LOT 55 OLT 6 DIV Z ENFIELD A LOT 15 * S 98.5' OF PEASE SUBD OF HORACE LUCKETT |
| Neighborhood | 48CEN |
| Land | $711,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $711,900 |
| Improvement | $85,303 |
|---|---|
| Total Improvement | $85,303 |
| Market | $797,203 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $797,203 |
| Value Limitation Adjustment (−) (homestead cap) | −$35,203 |
| Net Appraised (assessed) | $762,000 |
| Taxable Value | $762,000 |
|---|
Appreciation: Market value has risen +40.7% from $566,574 (2021) to $797,203 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $15,594. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($762,000) is $35,203 below market value, suggesting potential for an upward assessment in future years.
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 89% of market value ($711,900 land vs $85,303 improvements), about $105/SF of land. With value concentrated in the land under a ~91-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 $797,203, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,221,685 by 2030, with an estimated annual tax burden around $23,013. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,786 SF | ✗ |
| 1ST | 1st Floor | 1,392 SF | ✓ |
| 501 | CANOPY | 829 SF | ✗ |
| 611 | TERRACE | 177 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% | $5,875.02 | $5,875.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,327.51 | $3,327.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,386.62 | $2,386.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $749.45 | $749.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $656.59 | $656.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,995.19 | $12,995.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $635,000 | $797,203 | -20.3% |
| Assessed Value | $635,000 | $762,000 | -16.7% |
| Land Value | $915,300 | $711,900 | +28.6% |
| Improvement Value | — | $85,303 | — |
| Taxable Value | $635,000 | $762,000 | -16.7% |
| Total Tax 2026 = estimate |
~$12,995
Estimated
|
~$12,995
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $635,000 | $635,000 | +0 (+0.0%) |
| Taxable Value | $635,000 | $635,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $635,000 | $915,300 | — | — | $635,000 | $635,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $797,203 | $711,900 | $85,303 | −$35,203 | $762,000 | $762,000 | ~$12,995 | Partial |
| 2024 | $591,460 | — | — | — | $635,000 ! | $— | $12,585 | Verified |
| 2023 | $567,575 | — | — | — | $610,200 ! | $— | $10,701 | Verified |
| 2022 | $566,200 | — | — | −$57,700 | $508,500 | $— | $11,209 | Verified |
| 2021 | $566,574 | — | — | −$58,074 | $508,500 | $— | $12,324 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.3% | -16.7% | ~100% | Not available | Partial |
| 2025 | +25.5% | +20.0% | 95.6% | Not available | Partial |
| 2024 | -8.8% | -8.8% | ~100% | 1.9800% | Verified |
| 2023 | +22.7% | +22.7% | ~100% | 1.5400% | Verified |
| 2022 | +0.2% | +0.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.3% | +3.8% | +14.5% | +34.8% | 2025 | -20.3% | 2026 |
| Assessment Ratio | 100.0% | 98.3% | — | 107.5% | 2023 | 89.7% | 2021 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,995 | $11,963 | ~$19,862 | $12,995 | 2025 | $10,701 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$868,254 | ~$838,200 | ~2.0139% | ~$16,881 | +8.9% |
| 2027 | ~$945,638 | ~$922,020 | ~1.9814% | ~$18,269 | +18.6% |
| 2028 | ~$1,029,919 | ~$1,014,222 | ~1.9488% | ~$19,766 | +29.2% |
| 2029 | ~$1,121,712 | ~$1,115,644 | ~1.9163% | ~$21,379 | +40.7% |
| 2030 | ~$1,221,685 | ~$1,221,685 | ~1.8837% | ~$23,013 | +53.2% |
| 2026 | ~$852,310 | ~$838,200 | ~2.0465% | ~$17,154 | +6.9% |
| 2027 | ~$911,227 | ~$911,227 | ~2.0465% | ~$18,648 | +14.3% |
| 2028 | ~$974,216 | ~$974,216 | ~2.0465% | ~$19,937 | +22.2% |
| 2029 | ~$1,041,560 | ~$1,041,560 | ~2.0465% | ~$21,315 | +30.7% |
| 2030 | ~$1,113,559 | ~$1,113,559 | ~2.0465% | ~$22,789 | +39.7% |
| 2026 | ~$884,198 | ~$838,200 | ~1.9977% | ~$16,744 | +10.9% |
| 2027 | ~$980,687 | ~$922,020 | ~1.9488% | ~$17,969 | +23.0% |
| 2028 | ~$1,087,706 | ~$1,014,222 | ~1.9000% | ~$19,270 | +36.4% |
| 2029 | ~$1,206,403 | ~$1,115,644 | ~1.8512% | ~$20,653 | +51.3% |
| 2030 | ~$1,338,052 | ~$1,227,209 | ~1.8024% | ~$22,119 | +67.8% |
In 2025, this property's market value of $797,203 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -44% 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 | $797,203 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $591,460 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $567,575 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $566,200 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $566,574 | $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.