5209 N LAMAR BLVD AUSTIN, TX 78751
| Owner | PARK CATHERINE |
|---|---|
| Parcel ID | 0224070302 |
| Short ID | 223214 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,400 SF |
| Land SF | 4,960 SF |
| Acres | 0.114 |
| Year Built | 1949 |
| Legal | LOT 4-5 BLK B MURRAY PLACE |
| Neighborhood | 20CEN |
| Land | $520,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $520,800 |
| Improvement | $457,967 |
|---|---|
| Total Improvement | $457,967 |
| Market | $978,767 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $978,767 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $978,767 |
| Taxable Value | $978,767 |
|---|
Appreciation: Market value has fallen -17.7% from $1,189,152 (2021) to $978,767 (2025), a CAGR of -4.8% 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 $20,030. 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 53% of market value ($520,800 land vs $457,967 improvements), about $105/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $978,767, 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 -4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $767,329 by 2030, with an estimated annual tax burden around $14,455. 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 | 4,800 SF | ✗ |
| 1ST | 1st Floor | 3,400 SF | ✓ |
| 541 | FENCE COMM LF | 180 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% | $9,055.55 | $9,055.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,128.91 | $5,128.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,678.65 | $3,678.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,155.17 | $1,155.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,012.05 | $1,012.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,030.33 | $20,030.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,086,000 | $978,767 | +11.0% |
| Assessed Value | $1,086,000 | $978,767 | +11.0% |
| Land Value | $520,800 | $520,800 | +0.0% |
| Improvement Value | $565,200 | $457,967 | +23.4% |
| Taxable Value | $1,086,000 | $978,767 | +11.0% |
| Total Tax 2026 = estimate |
~$22,225
Estimated
|
~$20,030
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,606,826 | $1,086,000 | -520,826 (-32.4%) |
| Taxable Value | $1,606,826 | $1,086,000 | -520,826 (-32.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,086,000 | $520,800 | $565,200 | — | $1,086,000 | $1,086,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $978,767 | $520,800 | $457,967 | — | $978,767 | $978,767 | ~$20,030 | Partial |
| 2024 | $1,571,435 | — | — | −$1,050,635 | $520,800 | $— | $31,071 | Verified |
| 2023 | $1,009,000 | — | — | −$488,200 | $520,800 | $— | $28,431 | Verified |
| 2022 | $1,007,985 | — | — | −$561,585 | $446,400 | $— | $19,927 | Verified |
| 2021 | $1,189,152 | — | — | −$792,352 | $396,800 | $— | $21,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +64.2% | +64.2% | ~100% | Not available | Partial |
| 2025 | -37.6% | -37.6% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9800% | Verified |
| 2023 | +55.6% | +55.6% | ~100% | 1.8100% | Verified |
| 2022 | +0.2% | +0.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.0% | +2.8% | -6.6% | +55.7% | 2024 | -37.7% | 2025 |
| Assessment Ratio | 100.0% | 60.4% | — | 100.0% | 2025 | 33.1% | 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 |
$20,030 | $24,280 | ~$16,549 | $31,071 | 2024 | $19,927 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$932,266 | ~$932,266 | ~2.0139% | ~$18,775 | -4.8% |
| 2027 | ~$887,974 | ~$887,974 | ~1.9814% | ~$17,594 | -9.3% |
| 2028 | ~$845,787 | ~$845,787 | ~1.9488% | ~$16,483 | -13.6% |
| 2029 | ~$805,603 | ~$805,603 | ~1.9163% | ~$15,438 | -17.7% |
| 2030 | ~$767,329 | ~$767,329 | ~1.8837% | ~$14,455 | -21.6% |
| 2026 | ~$929,829 | ~$929,829 | ~2.0465% | ~$19,029 | -5.0% |
| 2027 | ~$883,337 | ~$883,337 | ~2.0465% | ~$18,077 | -9.8% |
| 2028 | ~$839,170 | ~$839,170 | ~2.0465% | ~$17,173 | -14.3% |
| 2029 | ~$797,212 | ~$797,212 | ~2.0465% | ~$16,315 | -18.5% |
| 2030 | ~$757,351 | ~$757,351 | ~2.0465% | ~$15,499 | -22.6% |
| 2026 | ~$951,841 | ~$951,841 | ~1.9977% | ~$19,015 | -2.8% |
| 2027 | ~$925,656 | ~$925,656 | ~1.9488% | ~$18,040 | -5.4% |
| 2028 | ~$900,192 | ~$900,192 | ~1.9000% | ~$17,104 | -8.0% |
| 2029 | ~$875,427 | ~$875,427 | ~1.8512% | ~$16,206 | -10.6% |
| 2030 | ~$851,345 | ~$851,345 | ~1.8024% | ~$15,344 | -13.0% |
In 2025, this property's market value of $978,767 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% 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 | $978,767 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,571,435 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,009,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,007,985 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,189,152 | $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.