5520 N LAMAR BLVD TX 78751
| Owner | LAMAR-SCHLOSSER INC |
|---|---|
| Parcel ID | 0226070104 |
| Short ID | 226506 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,020 SF |
| Land SF | 31,363 SF |
| Acres | 0.720 |
| Year Built | 1994 |
| Legal | LOT 2 BLK A TROOPERS SUBD THE AMENDMENT NO 1 AMENDED PLAT OF LOT 3A & LOT 5 IN HOUSTON STREET SUBD |
| Neighborhood | 20AUTO |
| Land | $3,136,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,136,300 |
| Improvement | $93,760 |
|---|---|
| Total Improvement | $93,760 |
| Market | $3,230,060 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,230,060 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,230,060 |
| Taxable Value | $3,230,060 |
|---|
Appreciation: Market value has risen +15.6% from $2,794,626 (2021) to $3,230,060 (2025), a CAGR of 3.7% 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 $66,103. 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 97% of market value ($3,136,300 land vs $93,760 improvements), about $100/SF of land. With value concentrated in the land under a ~32-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 $3,230,060, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,870,965 by 2030, with an estimated annual tax burden around $72,919. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,000 SF | ✗ |
| 1ST | 1st Floor | 7,020 SF | ✓ |
| 501 | CANOPY | 105 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $29,884.52 | $29,884.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,926.06 | $16,926.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,140.02 | $12,140.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,812.21 | $3,812.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,339.88 | $3,339.88 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $66,102.69 | $66,102.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,075,053 | $3,230,060 | -4.8% |
| Assessed Value | $3,075,053 | $3,230,060 | -4.8% |
| Land Value | $3,136,300 | $3,136,300 | +0.0% |
| Improvement Value | — | $93,760 | — |
| Taxable Value | $3,075,053 | $3,230,060 | -4.8% |
| Total Tax 2026 = estimate |
~$62,930
Estimated
|
~$66,103
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,236,898 | $3,075,053 | -161,845 (-5.0%) |
| Taxable Value | $3,236,898 | $3,075,053 | -161,845 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,075,053 | $3,136,300 | — | — | $3,075,053 | $3,075,053 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,230,060 | $3,136,300 | $93,760 | — | $3,230,060 | $3,230,060 | ~$66,103 | Partial |
| 2024 | $3,321,440 | — | — | −$185,140 | $3,136,300 | $— | $65,819 | Verified |
| 2023 | $3,388,369 | — | — | −$252,069 | $3,136,300 | $— | $60,093 | Verified |
| 2022 | $2,512,533 | — | — | — | $2,665,855 ! | $— | $66,918 | Verified |
| 2021 | $2,794,626 | — | — | −$756,031 | $2,038,595 | $— | $54,690 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2024 | -0.0% | -0.0% | ~100% | 1.9800% | Verified |
| 2023 | -2.0% | -2.0% | ~100% | 1.8100% | Verified |
| 2022 | +34.9% | +34.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | +3.0% | +4.7% | +34.9% | 2023 | -10.1% | 2022 |
| Assessment Ratio | 100.0% | 94.3% | — | 106.1% | 2022 | 72.9% | 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 |
$66,103 | $62,724 | ~$70,177 | $66,918 | 2022 | $54,690 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,349,132 | ~$3,349,132 | ~2.0139% | ~$67,449 | +3.7% |
| 2027 | ~$3,472,594 | ~$3,472,594 | ~1.9814% | ~$68,806 | +7.5% |
| 2028 | ~$3,600,607 | ~$3,600,607 | ~1.9488% | ~$70,170 | +11.5% |
| 2029 | ~$3,733,339 | ~$3,733,339 | ~1.9163% | ~$71,542 | +15.6% |
| 2030 | ~$3,870,965 | ~$3,870,965 | ~1.8837% | ~$72,919 | +19.8% |
| 2026 | ~$3,284,531 | ~$3,284,531 | ~2.0465% | ~$67,217 | +1.7% |
| 2027 | ~$3,339,921 | ~$3,339,921 | ~2.0465% | ~$68,351 | +3.4% |
| 2028 | ~$3,396,245 | ~$3,396,245 | ~2.0465% | ~$69,504 | +5.1% |
| 2029 | ~$3,453,518 | ~$3,453,518 | ~2.0465% | ~$70,676 | +6.9% |
| 2030 | ~$3,511,758 | ~$3,511,758 | ~2.0465% | ~$71,868 | +8.7% |
| 2026 | ~$3,413,734 | ~$3,413,734 | ~1.9977% | ~$68,195 | +5.7% |
| 2027 | ~$3,607,852 | ~$3,607,852 | ~1.9488% | ~$70,311 | +11.7% |
| 2028 | ~$3,813,008 | ~$3,813,008 | ~1.9000% | ~$72,448 | +18.0% |
| 2029 | ~$4,029,830 | ~$4,029,830 | ~1.8512% | ~$74,600 | +24.8% |
| 2030 | ~$4,258,982 | ~$4,258,982 | ~1.8024% | ~$76,763 | +31.9% |
In 2025, this property's market value of $3,230,060 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +128% 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 | $3,230,060 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,321,440 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,388,369 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,512,533 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,794,626 | $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.