3009 N LAMAR BLVD TX 78705
| Owner | PLUMISHCENO LLC |
|---|---|
| Parcel ID | 0217020823 |
| Short ID | 211231 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,069 SF |
| Land SF | 14,810 SF |
| Acres | 0.340 |
| Year Built | 1967 |
| Legal | LOT 1A OLT 72&75 DIV D PLUS 1/2 ADJ VAC ALLEY WALTON ANNEX |
| Neighborhood | 53CEN |
| Land | $1,688,340 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,688,340 |
| Improvement | $257,660 |
|---|---|
| Total Improvement | $257,660 |
| Market | $1,946,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,946,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,946,000 |
| Taxable Value | $1,946,000 |
|---|
Appreciation: Market value has risen +11.0% from $1,752,491 (2021) to $1,946,000 (2025), a CAGR of 2.7% 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 $39,825. 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 87% of market value ($1,688,340 land vs $257,660 improvements), about $114/SF of land. With value concentrated in the land under a ~59-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 $1,946,000, 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 +2.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,218,205 by 2030, with an estimated annual tax burden around $41,785. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,104 SF | ✗ |
| 1ST | 1st Floor | 3,069 SF | ✓ |
| 501 | CANOPY | 155 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% | $18,004.39 | $18,004.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,197.37 | $10,197.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,313.94 | $7,313.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,296.73 | $2,296.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,012.16 | $2,012.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,824.59 | $39,824.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,040,732 | $1,946,000 | +4.9% |
| Assessed Value | $2,040,732 | $1,946,000 | +4.9% |
| Land Value | $1,777,200 | $1,688,340 | +5.3% |
| Improvement Value | $263,532 | $257,660 | +2.3% |
| Taxable Value | $2,040,732 | $1,946,000 | +4.9% |
| Total Tax 2026 = estimate |
~$41,763
Estimated
|
~$39,825
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,130,135 | $2,040,732 | -89,403 (-4.2%) |
| Taxable Value | $2,130,135 | $2,040,732 | -89,403 (-4.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,040,732 | $1,777,200 | $263,532 | — | $2,040,732 | $2,040,732 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,946,000 | $1,688,340 | $257,660 | — | $1,946,000 | $1,946,000 | ~$39,825 | Partial |
| 2024 | $2,241,330 | — | — | −$552,990 | $1,688,340 | $— | $39,789 | Verified |
| 2023 | $1,860,480 | — | — | −$172,140 | $1,688,340 | $— | $40,551 | Verified |
| 2022 | $1,780,074 | — | — | −$373,124 | $1,406,950 | $— | $36,743 | Verified |
| 2021 | $1,752,491 | — | — | −$345,541 | $1,406,950 | $— | $38,746 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | -10.4% | -10.4% | ~100% | 1.9800% | Verified |
| 2023 | +20.5% | +20.5% | ~100% | 1.8100% | Verified |
| 2022 | +4.5% | +4.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.9% | +3.7% | +1.7% | +20.5% | 2024 | -13.2% | 2025 |
| Assessment Ratio | 100.0% | 87.5% | — | 100.0% | 2025 | 75.3% | 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 |
$39,825 | $39,131 | ~$41,016 | $40,551 | 2023 | $36,743 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,997,628 | ~$1,997,628 | ~2.0139% | ~$40,231 | +2.7% |
| 2027 | ~$2,050,626 | ~$2,050,626 | ~1.9814% | ~$40,631 | +5.4% |
| 2028 | ~$2,105,029 | ~$2,105,029 | ~1.9488% | ~$41,024 | +8.2% |
| 2029 | ~$2,160,876 | ~$2,160,876 | ~1.9163% | ~$41,409 | +11.0% |
| 2030 | ~$2,218,205 | ~$2,218,205 | ~1.8837% | ~$41,785 | +14.0% |
| 2026 | ~$1,958,708 | ~$1,958,708 | ~2.0465% | ~$40,085 | +0.7% |
| 2027 | ~$1,971,499 | ~$1,971,499 | ~2.0465% | ~$40,346 | +1.3% |
| 2028 | ~$1,984,373 | ~$1,984,373 | ~2.0465% | ~$40,610 | +2.0% |
| 2029 | ~$1,997,332 | ~$1,997,332 | ~2.0465% | ~$40,875 | +2.6% |
| 2030 | ~$2,010,375 | ~$2,010,375 | ~2.0465% | ~$41,142 | +3.3% |
| 2026 | ~$2,036,548 | ~$2,036,548 | ~1.9977% | ~$40,683 | +4.7% |
| 2027 | ~$2,131,309 | ~$2,131,309 | ~1.9488% | ~$41,536 | +9.5% |
| 2028 | ~$2,230,479 | ~$2,230,479 | ~1.9000% | ~$42,379 | +14.6% |
| 2029 | ~$2,334,264 | ~$2,334,264 | ~1.8512% | ~$43,212 | +20.0% |
| 2030 | ~$2,442,878 | ~$2,442,878 | ~1.8024% | ~$44,030 | +25.5% |
In 2025, this property's market value of $1,946,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +37% 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 | $1,946,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,241,330 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,860,480 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,780,074 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,752,491 | $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.