3706 N LAMAR BLVD TX 78705
| Owner | ERICKSON DAVID E JR |
|---|---|
| Parcel ID | 0219011806 |
| Short ID | 214610 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,878 SF |
| Land SF | 4,752 SF |
| Acres | 0.109 |
| Year Built | 1963 |
| Legal | 48X99FT ABS 697 SUR 7 SPEAR G W |
| Neighborhood | 32CEN |
| Land | $570,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $570,240 |
| Improvement | $215,865 |
|---|---|
| Total Improvement | $215,865 |
| Market | $786,105 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $786,105 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $786,105 |
| Taxable Value | $786,105 |
|---|
Appreciation: Market value has fallen -4.5% from $823,418 (2021) to $786,105 (2025), a CAGR of -1.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $16,088. 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 73% of market value ($570,240 land vs $215,865 improvements), about $120/SF of land. With value concentrated in the land under a ~63-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 $786,105, 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 -1.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $741,832 by 2030, with an estimated annual tax burden around $13,974. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,878 SF | ✓ |
| 551 | PAVED AREA | 1,302 SF | ✗ |
| 511 | DECK | 400 SF | ✗ |
| 501 | CANOPY | 355 SF | ✗ |
| 611 | TERRACE | 119 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% | $7,273.04 | $7,273.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,119.32 | $4,119.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,954.54 | $2,954.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $927.78 | $927.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $812.83 | $812.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,087.51 | $16,087.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $797,124 | $786,105 | +1.4% |
| Assessed Value | $797,124 | $786,105 | +1.4% |
| Land Value | $570,240 | $570,240 | +0.0% |
| Improvement Value | $226,884 | $215,865 | +5.1% |
| Taxable Value | $797,124 | $786,105 | +1.4% |
| Total Tax 2026 = estimate |
~$16,313
Estimated
|
~$16,088
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $839,078 | $797,124 | -41,954 (-5.0%) |
| Taxable Value | $839,078 | $797,124 | -41,954 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $797,124 | $570,240 | $226,884 | — | $797,124 | $797,124 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $786,105 | $570,240 | $215,865 | — | $786,105 | $786,105 | ~$16,088 | Partial |
| 2024 | $772,322 | — | — | −$202,082 | $570,240 | $— | $15,816 | Verified |
| 2023 | $719,878 | — | — | −$149,638 | $570,240 | $— | $13,973 | Verified |
| 2022 | $775,000 | — | — | −$299,800 | $475,200 | $— | $14,217 | Verified |
| 2021 | $823,418 | — | — | −$348,218 | $475,200 | $— | $16,869 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2025 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2024 | +3.3% | +3.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.3% | +7.3% | ~100% | 1.8100% | Verified |
| 2022 | -17.6% | -17.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.4% | -0.5% | -1.4% | +7.3% | 2024 | -7.1% | 2023 |
| Assessment Ratio | 100.0% | 78.7% | — | 100.0% | 2025 | 57.7% | 2021 |
| 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 |
$16,088 | $15,393 | ~$14,804 | $16,869 | 2021 | $13,973 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$777,044 | ~$777,044 | ~2.0139% | ~$15,649 | -1.2% |
| 2027 | ~$768,087 | ~$768,087 | ~1.9814% | ~$15,219 | -2.3% |
| 2028 | ~$759,234 | ~$759,234 | ~1.9488% | ~$14,796 | -3.4% |
| 2029 | ~$750,483 | ~$750,483 | ~1.9163% | ~$14,381 | -4.5% |
| 2030 | ~$741,832 | ~$741,832 | ~1.8837% | ~$13,974 | -5.6% |
| 2026 | ~$761,322 | ~$761,322 | ~2.0465% | ~$15,580 | -3.2% |
| 2027 | ~$737,320 | ~$737,320 | ~2.0465% | ~$15,089 | -6.2% |
| 2028 | ~$714,075 | ~$714,075 | ~2.0465% | ~$14,613 | -9.2% |
| 2029 | ~$691,563 | ~$691,563 | ~2.0465% | ~$14,153 | -12.0% |
| 2030 | ~$669,760 | ~$669,760 | ~2.0465% | ~$13,707 | -14.8% |
| 2026 | ~$792,766 | ~$792,766 | ~1.9977% | ~$15,837 | +0.8% |
| 2027 | ~$799,484 | ~$799,484 | ~1.9488% | ~$15,581 | +1.7% |
| 2028 | ~$806,258 | ~$806,258 | ~1.9000% | ~$15,319 | +2.6% |
| 2029 | ~$813,090 | ~$813,090 | ~1.8512% | ~$15,052 | +3.4% |
| 2030 | ~$819,980 | ~$819,980 | ~1.8024% | ~$14,779 | +4.3% |
In 2025, this property's market value of $786,105 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -45% 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 | $786,105 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $772,322 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $719,878 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $775,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $823,418 | $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.