5000 N LAMAR BLVD 101 TX 78751
| Owner | VANTAGE IDEAS PROPERTIES INC |
|---|---|
| Parcel ID | 0225050110 |
| Short ID | 224870 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 14,325 SF |
| Land SF | 28,750 SF |
| Acres | 0.660 |
| Year Built | 1973 |
| Legal | LOT 1-5 LADD N A ADDN |
| Neighborhood | 30CEN |
| Land | $1,437,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,437,500 |
| Improvement | $167,972 |
|---|---|
| Total Improvement | $167,972 |
| Market | $1,605,472 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,605,472 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,605,472 |
| Taxable Value | $1,605,472 |
|---|
Appreciation: Market value has fallen -46.0% from $2,970,966 (2021) to $1,605,472 (2025), a CAGR of -14.3% 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 $32,856. 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 90% of market value ($1,437,500 land vs $167,972 improvements), about $50/SF of land. With value concentrated in the land under a ~53-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 $1,605,472, 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 -14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $743,848 by 2030, with an estimated annual tax burden around $14,012. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 14,325 SF | ✓ |
| 551 | PAVED AREA | 9,900 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,170 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% | $14,853.83 | $14,853.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,412.95 | $8,412.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,034.09 | $6,034.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,894.83 | $1,894.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,660.06 | $1,660.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,855.76 | $32,855.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,605,472 | $1,605,472 | +0.0% |
| Assessed Value | $1,605,472 | $1,605,472 | +0.0% |
| Land Value | $1,437,500 | $1,437,500 | +0.0% |
| Improvement Value | $167,972 | $167,972 | +0.0% |
| Taxable Value | $1,605,472 | $1,605,472 | +0.0% |
| Total Tax 2026 = estimate |
~$32,856
Estimated
|
~$32,856
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,605,472 | $1,605,472 | +0 (+0.0%) |
| Taxable Value | $1,605,472 | $1,605,472 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,605,472 | $1,437,500 | $167,972 | — | $1,605,472 | $1,605,472 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,605,472 | $1,437,500 | $167,972 | — | $1,605,472 | $1,605,472 | ~$32,856 | Partial |
| 2024 | $1,776,710 | — | — | −$339,210 | $1,437,500 | $— | $31,781 | Verified |
| 2023 | $1,855,905 | — | — | −$418,405 | $1,437,500 | $— | $32,145 | Verified |
| 2022 | $2,691,665 | — | — | −$1,254,165 | $1,437,500 | $— | $36,653 | Verified |
| 2021 | $2,970,966 | — | — | −$527,216 | $2,443,750 | $— | $58,589 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -9.7% | -9.7% | ~100% | 1.9800% | Verified |
| 2023 | -4.3% | -4.3% | ~100% | 1.8100% | Verified |
| 2022 | -31.0% | -31.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -40.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -10.9% | -14.3% | +0.0% | 2026 | -31.0% | 2023 |
| Assessment Ratio | 100.0% | 82.4% | — | 100.0% | 2025 | 53.4% | 2022 |
| 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 |
$32,856 | $38,405 | ~$20,293 | $58,589 | 2021 | $31,781 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,376,509 | ~$1,376,509 | ~2.0139% | ~$27,722 | -14.3% |
| 2027 | ~$1,180,199 | ~$1,180,199 | ~1.9814% | ~$23,384 | -26.5% |
| 2028 | ~$1,011,886 | ~$1,011,886 | ~1.9488% | ~$19,720 | -37.0% |
| 2029 | ~$867,577 | ~$867,577 | ~1.9163% | ~$16,625 | -46.0% |
| 2030 | ~$743,848 | ~$743,848 | ~1.8837% | ~$14,012 | -53.7% |
| 2026 | ~$1,525,198 | ~$1,525,198 | ~2.0465% | ~$31,213 | -5.0% |
| 2027 | ~$1,448,938 | ~$1,448,938 | ~2.0465% | ~$29,652 | -9.8% |
| 2028 | ~$1,376,492 | ~$1,376,492 | ~2.0465% | ~$28,170 | -14.3% |
| 2029 | ~$1,307,667 | ~$1,307,667 | ~2.0465% | ~$26,761 | -18.5% |
| 2030 | ~$1,242,284 | ~$1,242,284 | ~2.0465% | ~$25,423 | -22.6% |
| 2026 | ~$1,408,618 | ~$1,408,618 | ~1.9977% | ~$28,139 | -12.3% |
| 2027 | ~$1,235,902 | ~$1,235,902 | ~1.9488% | ~$24,086 | -23.0% |
| 2028 | ~$1,084,362 | ~$1,084,362 | ~1.9000% | ~$20,603 | -32.5% |
| 2029 | ~$951,404 | ~$951,404 | ~1.8512% | ~$17,612 | -40.7% |
| 2030 | ~$834,748 | ~$834,748 | ~1.8024% | ~$15,045 | -48.0% |
In 2025, this property's market value of $1,605,472 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +13% 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 | $1,605,472 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,776,710 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,855,905 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,691,665 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,970,966 | $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.