3001 N LAMAR BLVD TX
| Owner | 3001 LAMAR 2019 LP LTD |
|---|---|
| Parcel ID | 0217021112 |
| Short ID | 211327 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 12,672 SF |
| Land SF | 17,760 SF |
| Acres | 0.408 |
| Year Built | 1969 |
| Legal | LOT 20-22 & W13FT LOT 23 OLT 72&75 DIV D OAKWOOD |
| Neighborhood | 52CEN |
| Land | $2,131,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,131,200 |
| Improvement | $185,595 |
|---|---|
| Total Improvement | $185,595 |
| Market | $2,316,795 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,316,795 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,316,795 |
| Taxable Value | $2,316,795 |
|---|
Appreciation: Market value has risen +25.7% from $1,842,639 (2021) to $2,316,795 (2025), a CAGR of 5.9% over 4 years. This represents moderate, steady growth. 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 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 $47,413. 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 92% of market value ($2,131,200 land vs $185,595 improvements), about $120/SF of land. With value concentrated in the land under a ~57-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 $2,316,795, 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 +5.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,084,585 by 2030, with an estimated annual tax burden around $58,106. 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 | 5,088 SF | ✗ |
| 1ST | 1st Floor | 4,224 SF | ✓ |
| 2ND | 2nd Floor | 4,224 SF | ✓ |
| 3RD | 3rd Floor | 4,224 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% | $21,434.99 | $21,434.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,140.40 | $12,140.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,707.56 | $8,707.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,734.35 | $2,734.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,395.57 | $2,395.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,412.87 | $47,412.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,328,099 | $2,316,795 | +0.5% |
| Assessed Value | $2,328,099 | $2,316,795 | +0.5% |
| Land Value | $2,131,200 | $2,131,200 | +0.0% |
| Improvement Value | $196,899 | $185,595 | +6.1% |
| Taxable Value | $2,328,099 | $2,316,795 | +0.5% |
| Total Tax 2026 = estimate |
~$47,644
Estimated
|
~$47,413
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,328,099 | $2,328,099 | +0 (+0.0%) |
| Taxable Value | $2,328,099 | $2,328,099 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,328,099 | $2,131,200 | $196,899 | — | $2,328,099 | $2,328,099 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,316,795 | $2,131,200 | $185,595 | — | $2,316,795 | $2,316,795 | ~$47,413 | Partial |
| 2024 | $2,506,643 | — | — | −$375,443 | $2,131,200 | $— | $49,293 | Verified |
| 2023 | $2,056,951 | — | — | — | $2,131,200 ! | $— | $45,351 | Verified |
| 2022 | $1,843,537 | — | — | −$67,537 | $1,776,000 | $— | $40,623 | Verified |
| 2021 | $1,842,639 | — | — | −$66,639 | $1,776,000 | $— | $40,128 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | -6.9% | -6.9% | ~100% | Not available | Partial |
| 2024 | -0.8% | -0.8% | ~100% | 1.9800% | Verified |
| 2023 | +21.9% | +21.9% | ~100% | 1.8100% | Verified |
| 2022 | +11.6% | +11.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +5.3% | +5.8% | +21.9% | 2024 | -7.6% | 2025 |
| Assessment Ratio | 100.0% | 96.9% | — | 103.6% | 2023 | 85.0% | 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 |
$47,413 | $44,562 | ~$53,684 | $49,293 | 2024 | $40,128 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,453,293 | ~$2,453,293 | ~2.0139% | ~$49,408 | +5.9% |
| 2027 | ~$2,597,833 | ~$2,597,833 | ~1.9814% | ~$51,473 | +12.1% |
| 2028 | ~$2,750,889 | ~$2,750,889 | ~1.9488% | ~$53,610 | +18.7% |
| 2029 | ~$2,912,963 | ~$2,912,963 | ~1.9163% | ~$55,821 | +25.7% |
| 2030 | ~$3,084,585 | ~$3,084,585 | ~1.8837% | ~$58,106 | +33.1% |
| 2026 | ~$2,406,957 | ~$2,406,957 | ~2.0465% | ~$49,258 | +3.9% |
| 2027 | ~$2,500,628 | ~$2,500,628 | ~2.0465% | ~$51,175 | +7.9% |
| 2028 | ~$2,597,945 | ~$2,597,945 | ~2.0465% | ~$53,167 | +12.1% |
| 2029 | ~$2,699,048 | ~$2,699,048 | ~2.0465% | ~$55,236 | +16.5% |
| 2030 | ~$2,804,087 | ~$2,804,087 | ~2.0465% | ~$57,385 | +21.0% |
| 2026 | ~$2,499,629 | ~$2,499,629 | ~1.9977% | ~$49,934 | +7.9% |
| 2027 | ~$2,696,892 | ~$2,696,892 | ~1.9488% | ~$52,558 | +16.4% |
| 2028 | ~$2,909,722 | ~$2,909,722 | ~1.9000% | ~$55,285 | +25.6% |
| 2029 | ~$3,139,348 | ~$3,139,348 | ~1.8512% | ~$58,115 | +35.5% |
| 2030 | ~$3,387,095 | ~$3,387,095 | ~1.8024% | ~$61,048 | +46.2% |
In 2025, this property's market value of $2,316,795 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +63% 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 | $2,316,795 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,506,643 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,056,951 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,843,537 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,842,639 | $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.