5607 N LAMAR BLVD TX 78751
| Owner | B9 SEQUOIA LAMAR OWNER LP |
|---|---|
| Parcel ID | 0226070206 |
| Short ID | 226522 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 53,171 SF |
| Land SF | 196,978 SF |
| Acres | 4.522 |
| Year Built | 1976 |
| Legal | W4.522ACR OF LOT 1 CENTURY ADDN |
| Neighborhood | 42CEN |
| Land | $19,697,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,697,800 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $18,908,053 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,908,053 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,908,053 |
| Taxable Value | $18,908,053 |
|---|
Appreciation: Market value has risen +46.0% from $12,950,000 (2021) to $18,908,053 (2025), a CAGR of 9.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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 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 $386,950. 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 104% of market value ($19,697,800 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~50-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 $18,908,053, 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $30,347,164 by 2030, with an estimated annual tax burden around $571,662. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 125,700 SF | ✗ |
| 491 | SPRINKLER HEADS | 55,158 SF | ✗ |
| 1ST | 1st Floor | 53,171 SF | ✓ |
| 611 | TERRACE | 7,259 SF | ✗ |
| 501 | CANOPY | 5,530 SF | ✗ |
| 328 | MEZZ COMM (STG) | 3,484 SF | ✓ |
| 407 | LOADING DOCK | 1,110 SF | ✓ |
| SO | Sketch Only | 141 SF | ✗ |
| 541 | FENCE COMM LF | 78 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $174,937.31 | $174,937.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $99,081.41 | $99,081.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $71,064.97 | $71,064.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,315.85 | $22,315.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,550.93 | $19,550.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $386,950.47 | $386,950.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,100,000 | $18,908,053 | -14.9% |
| Assessed Value | $16,100,000 | $18,908,053 | -14.9% |
| Land Value | $19,697,800 | $19,697,800 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $16,100,000 | $18,908,053 | -14.9% |
| Total Tax 2026 = estimate |
~$329,484
Estimated
|
~$386,950
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,100,000 | $16,100,000 | +0 (+0.0%) |
| Taxable Value | $16,100,000 | $16,100,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,100,000 | $19,697,800 | — | — | $16,100,000 | $16,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,908,053 | $19,697,800 | — | — | $18,908,053 | $18,908,053 | ~$386,950 | Partial |
| 2024 | $18,908,053 | — | — | — | $18,908,053 | $— | $321,917 | Verified |
| 2023 | $17,000,000 | — | — | — | $18,908,053 ! | $— | $287,215 | Verified |
| 2022 | $— | — | — | — | $16,743,130 | $— | $311,346 | Verified |
| 2021 | $12,950,000 | — | — | −$146,430 | $12,803,570 | $— | $278,951 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.9% | -14.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.7000% | Verified |
| 2023 | +11.2% | +11.2% | ~100% | 1.5200% | Verified |
| 2022 | +23.9% | +23.9% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.9% | +6.9% | +13.8% | +31.3% | 2023 | -14.9% | 2026 |
| Assessment Ratio | 100.0% | 102.0% | — | 111.2% | 2023 | 98.9% | 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 |
$386,950 | $318,758 | ~$492,285 | $386,950 | 2025 | $278,951 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$20,784,571 | ~$20,784,571 | ~2.0139% | ~$418,588 | +9.9% |
| 2027 | ~$22,847,324 | ~$22,847,324 | ~1.9814% | ~$452,694 | +20.8% |
| 2028 | ~$25,114,792 | ~$25,114,792 | ~1.9488% | ~$489,447 | +32.8% |
| 2029 | ~$27,607,295 | ~$27,607,295 | ~1.9163% | ~$529,036 | +46.0% |
| 2030 | ~$30,347,164 | ~$30,347,164 | ~1.8837% | ~$571,662 | +60.5% |
| 2026 | ~$20,406,410 | ~$20,406,410 | ~2.0465% | ~$417,614 | +7.9% |
| 2027 | ~$22,023,504 | ~$22,023,504 | ~2.0465% | ~$450,708 | +16.5% |
| 2028 | ~$23,768,743 | ~$23,768,743 | ~2.0465% | ~$486,424 | +25.7% |
| 2029 | ~$25,652,283 | ~$25,652,283 | ~2.0465% | ~$524,970 | +35.7% |
| 2030 | ~$27,685,083 | ~$27,685,083 | ~2.0465% | ~$566,571 | +46.4% |
| 2026 | ~$21,162,732 | ~$20,798,858 | ~1.9977% | ~$415,491 | +11.9% |
| 2027 | ~$23,686,270 | ~$22,878,744 | ~1.9488% | ~$445,870 | +25.3% |
| 2028 | ~$26,510,725 | ~$25,166,619 | ~1.9000% | ~$478,170 | +40.2% |
| 2029 | ~$29,671,980 | ~$27,683,280 | ~1.8512% | ~$512,471 | +56.9% |
| 2030 | ~$33,210,197 | ~$30,451,608 | ~1.8024% | ~$548,851 | +75.6% |
In 2025, this property's market value of $18,908,053 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 13× 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 | $18,908,053 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $18,908,053 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $17,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $12,950,000 | $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.