5101 N LAMAR BLVD TX 78751
| Owner | ACORN PROPERTY PARTNERS II LTD |
|---|---|
| Parcel ID | 0224070215 |
| Short ID | 223198 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,585 SF |
| Land SF | 17,000 SF |
| Acres | 0.390 |
| Year Built | 1982 |
| Legal | IMPS ONLY ON LOT 12 EDGEFIELD ADDN |
| Neighborhood | 48NCN |
| Land | $1,785,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,785,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,912,920 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,912,920 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,912,920 |
| Exemptions (−) | −$6,251 |
|---|---|
| Taxable Value | $1,906,669 |
Appreciation: Market value has risen +26.3% from $1,514,337 (2021) to $1,912,920 (2025), a CAGR of 6.0% over 4 years. This represents moderate, steady growth. 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 $39,020. 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 93% of market value ($1,785,000 land vs $0 improvements), about $105/SF of land. With value concentrated in the land under a ~44-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 $1,912,920, 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 +6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,561,767 by 2030, with an estimated annual tax burden around $48,257. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,000 SF | ✗ |
| 1ST | 1st Floor | 2,585 SF | ✓ |
| 501 | CANOPY | 720 SF | ✗ |
| 611 | TERRACE | 385 SF | ✗ |
| 541 | FENCE COMM LF | 88 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 559 | PAVED AREA FV | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 223198 | SEJ ASSET MGMT & INVSTMNT CO | 5101 LAMAR BLVD 78751 | $1,785,000 | $1,785,000 | $1,785,000 |
| 359189 | ACORN PROPERTY PARTNERS II LTD | 5101 LAMAR BLVD 78751 | $134,445 | $134,445 | $128,194 |
Market value changed by 93% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $17,640.50 | $17,640.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,991.27 | $9,991.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,166.12 | $7,166.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,250.31 | $2,250.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,971.50 | $1,971.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,019.70 | $39,019.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,919,445 | $1,912,920 | +0.3% |
| Assessed Value | $1,919,445 | $1,912,920 | +0.3% |
| Land Value | $1,785,000 | $1,785,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,913,194 | $1,906,669 | +0.3% |
| Exemptions | — | @ | |
| Total Tax 2026 = estimate |
~$39,153
Estimated
|
~$39,020
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,919,445 | $1,919,445 | +0 (+0.0%) |
| Taxable Value | $1,913,194 | $1,913,194 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,919,445 | $1,785,000 | — | — | $1,919,445 | $1,913,194 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,912,920 | $1,785,000 | — | — | $1,912,920 | $1,906,669 | ~$39,020 | Partial |
| 2024 | $131,689 | — | — | — | $1,785,000 ! | $— | $37,805 | Verified |
| 2023 | $95,789 | — | — | — | $1,785,000 ! | $— | $34,565 | Verified |
| 2022 | $95,788 | — | — | — | $1,530,000 ! | $— | $31,985 | Verified |
| 2021 | $1,514,337 | — | — | −$69,337 | $1,445,000 | $— | $33,402 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2024 | -2.2% | -2.2% | ~100% | 1.9800% | Verified |
| 2023 | +37.5% | +37.5% | ~100% | 1.8000% | Verified |
| 2022 | -93.4% ! | -93.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -91.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +259.3% | +5.9% | +1352.6% | 2025 | -93.7% | 2022 |
| Assessment Ratio | 100.0% | 851.9% | — | 1863.5% | 2023 | 95.4% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$39,020 | $35,355 | ~$44,485 | $39,020 | 2025 | $31,985 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,027,988 | ~$2,027,988 | ~2.0139% | ~$40,842 | +6.0% |
| 2027 | ~$2,149,978 | ~$2,149,978 | ~1.9814% | ~$42,599 | +12.4% |
| 2028 | ~$2,279,305 | ~$2,279,305 | ~1.9488% | ~$44,420 | +19.2% |
| 2029 | ~$2,416,413 | ~$2,416,413 | ~1.9163% | ~$46,306 | +26.3% |
| 2030 | ~$2,561,767 | ~$2,561,767 | ~1.8837% | ~$48,257 | +33.9% |
| 2026 | ~$1,989,730 | ~$1,989,730 | ~2.0465% | ~$40,720 | +4.0% |
| 2027 | ~$2,069,623 | ~$2,069,623 | ~2.0465% | ~$42,355 | +8.2% |
| 2028 | ~$2,152,725 | ~$2,152,725 | ~2.0465% | ~$44,055 | +12.5% |
| 2029 | ~$2,239,163 | ~$2,239,163 | ~2.0465% | ~$45,824 | +17.1% |
| 2030 | ~$2,329,073 | ~$2,329,073 | ~2.0465% | ~$47,664 | +21.8% |
| 2026 | ~$2,066,246 | ~$2,066,246 | ~1.9977% | ~$41,277 | +8.0% |
| 2027 | ~$2,231,862 | ~$2,231,862 | ~1.9488% | ~$43,495 | +16.7% |
| 2028 | ~$2,410,753 | ~$2,410,753 | ~1.9000% | ~$45,805 | +26.0% |
| 2029 | ~$2,603,982 | ~$2,603,982 | ~1.8512% | ~$48,205 | +36.1% |
| 2030 | ~$2,812,699 | ~$2,812,699 | ~1.8024% | ~$50,695 | +47.0% |
In 2025, this property's market value of $1,912,920 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +35% 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 | $1,912,920 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $131,689 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $95,789 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $95,788 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $1,514,337 | $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.