3800 N LAMAR BLVD TX 78756
| Owner | LAMAR CENTRAL LLC |
|---|---|
| Parcel ID | 0221021115 |
| Short ID | 217835 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 128,223 SF |
| Land SF | 117,114 SF |
| Acres | 2.689 |
| Year Built | 2015 |
| Legal | LOT 1-6 BLK 2 SEIDERS H B SUBD LOT 1A-C&2 *LESS S 17' SEIDERS EDWARD SUBD PLUS VAC ALLEY |
| Neighborhood | 51CEN |
| Land | $14,053,680 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,053,680 |
| Improvement | $36,186,166 |
|---|---|
| Total Improvement | $36,186,166 |
| Market | $50,239,846 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $50,239,846 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $50,239,846 |
| Taxable Value | $50,239,846 |
|---|
Appreciation: Market value has fallen -24.1% from $66,200,000 (2021) to $50,239,846 (2025), a CAGR of -6.7% over 4 years. Growth has been relatively flat for this asset class. 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 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 $1,028,151. 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 28% of market value ($14,053,680 land vs $36,186,166 improvements), about $120/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $50,239,846, this parcel sits in the top quartile (≥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 -6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $35,586,575 by 2030, with an estimated annual tax burden around $670,359. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 214,686 SF | ✓ |
| 2ND | 2nd Floor | 44,462 SF | ✓ |
| 3RD | 3rd Floor | 44,462 SF | ✓ |
| 4TH | 4th Floor | 43,874 SF | ✓ |
| 1ST | 1st Floor | 39,299 SF | ✓ |
| 501 | CANOPY | 5,023 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% | $451,497.60 | $451,497.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $255,720.30 | $255,720.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $183,412.36 | $183,412.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $57,595.22 | $57,595.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $50,459.20 | $50,459.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $998,684.68 | $998,684.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $50,210,615 | $50,239,846 | -0.1% |
| Assessed Value | $50,210,615 | $50,239,846 | -0.1% |
| Land Value | $14,053,680 | $14,053,680 | +0.0% |
| Improvement Value | $36,156,935 | $36,186,166 | -0.1% |
| Taxable Value | $50,210,615 | $50,239,846 | -0.1% |
| Total Tax 2026 = estimate |
~$1,027,553
Estimated
|
~$998,685
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $50,210,615 | $50,210,615 | +0 (+0.0%) |
| Taxable Value | $50,210,615 | $50,210,615 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $50,210,615 | $14,053,680 | $36,156,935 | — | $50,210,615 | $50,210,615 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $50,239,846 | $14,053,680 | $36,186,166 | — | $50,239,846 | $50,239,846 | ~$998,685 | Partial |
| 2024 | $65,500,000 | — | — | −$51,446,320 | $14,053,680 | $— | $1,113,336 | Verified |
| 2023 | $72,000,000 | — | — | −$57,946,320 | $14,053,680 | $— | $1,186,379 | Verified |
| 2022 | $68,500,000 | — | — | −$56,788,600 | $11,711,400 | $— | $1,425,256 | Verified |
| 2021 | $66,200,000 | — | — | −$54,488,600 | $11,711,400 | $— | $1,492,307 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2025 | -12.8% | -12.8% | ~100% | Not available | Partial |
| 2024 | -13.8% | -13.8% | ~100% | 1.9300% | Verified |
| 2023 | -11.3% | -11.3% | ~100% | 1.7700% | Verified |
| 2022 | +8.1% | +8.1% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -27.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.1% | -4.8% | -6.7% | +5.1% | 2023 | -23.3% | 2025 |
| Assessment Ratio | 100.0% | 46.0% | — | 100.0% | 2025 | 17.1% | 2022 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$998,685 | $1,243,192 | ~$801,730 | $1,492,307 | 2021 | $998,685 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$46,891,689 | ~$46,891,689 | ~2.0139% | ~$944,369 | -6.7% |
| 2027 | ~$43,766,665 | ~$43,766,665 | ~1.9814% | ~$867,187 | -12.9% |
| 2028 | ~$40,849,903 | ~$40,849,903 | ~1.9488% | ~$796,099 | -18.7% |
| 2029 | ~$38,127,525 | ~$38,127,525 | ~1.9163% | ~$730,634 | -24.1% |
| 2030 | ~$35,586,575 | ~$35,586,575 | ~1.8837% | ~$670,359 | -29.2% |
| 2026 | ~$47,727,854 | ~$47,727,854 | ~2.0465% | ~$976,743 | -5.0% |
| 2027 | ~$45,341,461 | ~$45,341,461 | ~2.0465% | ~$927,906 | -9.8% |
| 2028 | ~$43,074,388 | ~$43,074,388 | ~2.0465% | ~$881,511 | -14.3% |
| 2029 | ~$40,920,669 | ~$40,920,669 | ~2.0465% | ~$837,435 | -18.5% |
| 2030 | ~$38,874,635 | ~$38,874,635 | ~2.0465% | ~$795,564 | -22.6% |
| 2026 | ~$47,896,486 | ~$47,896,486 | ~1.9977% | ~$956,810 | -4.7% |
| 2027 | ~$45,662,428 | ~$45,662,428 | ~1.9488% | ~$889,887 | -9.1% |
| 2028 | ~$43,532,575 | ~$43,532,575 | ~1.9000% | ~$827,126 | -13.4% |
| 2029 | ~$41,502,065 | ~$41,502,065 | ~1.8512% | ~$768,284 | -17.4% |
| 2030 | ~$39,566,266 | ~$39,566,266 | ~1.8024% | ~$713,131 | -21.2% |
In 2025, this property's market value of $50,239,846 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 35× 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 | $50,239,846 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $65,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $72,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $68,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $66,200,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.