5412 N LAMAR BLVD TX 78751
| Owner | AMERCO REAL ESTATE COMPANY |
|---|---|
| Parcel ID | 0226070529 |
| Short ID | 226594 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,590 SF |
| Land SF | 11,608 SF |
| Acres | 0.266 |
| Year Built | 1977 |
| Legal | LOT 4 *RESUB OF LT 1A SEC 2 OF A RESUB OF PT OF LT 1 SKYLAND SUBD |
| Neighborhood | 20CEN |
| Land | $1,160,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,160,800 |
| Improvement | $25,286 |
|---|---|
| Total Improvement | $25,286 |
| Market | $1,186,086 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,186,086 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,186,086 |
| Taxable Value | $1,186,086 |
|---|
Appreciation: Market value has risen +41.1% from $840,538 (2021) to $1,186,086 (2025), a CAGR of 9.0% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $24,273. 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 98% of market value ($1,160,800 land vs $25,286 improvements), about $100/SF of land. With value concentrated in the land under a ~49-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 $1,186,086, 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 +9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,824,168 by 2030, with an estimated annual tax burden around $34,363. 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 | 10,000 SF | ✗ |
| 1ST | 1st Floor | 1,590 SF | ✓ |
| 541 | FENCE COMM LF | 290 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% | $10,973.67 | $10,973.67 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,215.29 | $6,215.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,457.84 | $4,457.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,399.85 | $1,399.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,226.41 | $1,226.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,273.06 | $24,273.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,187,782 | $1,186,086 | +0.1% |
| Assessed Value | $1,187,782 | $1,186,086 | +0.1% |
| Land Value | $1,160,800 | $1,160,800 | +0.0% |
| Improvement Value | $26,982 | $25,286 | +6.7% |
| Taxable Value | $1,187,782 | $1,186,086 | +0.1% |
| Total Tax 2026 = estimate |
~$24,308
Estimated
|
~$24,273
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,187,782 | $1,187,782 | +0 (+0.0%) |
| Taxable Value | $1,187,782 | $1,187,782 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,187,782 | $1,160,800 | $26,982 | — | $1,187,782 | $1,187,782 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,186,086 | $1,160,800 | $25,286 | — | $1,186,086 | $1,186,086 | ~$24,273 | Partial |
| 2024 | $1,213,218 | — | — | −$52,418 | $1,160,800 | $— | $24,009 | Verified |
| 2023 | $1,083,782 | — | — | — | $1,160,800 ! | $— | $21,950 | Verified |
| 2022 | $840,299 | — | — | — | $1,044,720 ! | $— | $21,404 | Verified |
| 2021 | $840,538 | — | — | −$27,978 | $812,560 | $— | $18,291 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.9800% | Verified |
| 2023 | +11.9% | +11.9% | ~100% | 1.8100% | Verified |
| 2022 | +29.0% | +29.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +7.8% | +9.0% | +29.0% | 2023 | -2.2% | 2025 |
| Assessment Ratio | 100.0% | 104.0% | — | 124.3% | 2022 | 95.7% | 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 |
$24,273 | $21,985 | ~$30,063 | $24,273 | 2025 | $18,291 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,292,724 | ~$1,292,724 | ~2.0139% | ~$26,035 | +9.0% |
| 2027 | ~$1,408,950 | ~$1,408,950 | ~1.9814% | ~$27,917 | +18.8% |
| 2028 | ~$1,535,625 | ~$1,535,625 | ~1.9488% | ~$29,927 | +29.5% |
| 2029 | ~$1,673,690 | ~$1,673,690 | ~1.9163% | ~$32,073 | +41.1% |
| 2030 | ~$1,824,168 | ~$1,824,168 | ~1.8837% | ~$34,363 | +53.8% |
| 2026 | ~$1,269,003 | ~$1,269,003 | ~2.0465% | ~$25,970 | +7.0% |
| 2027 | ~$1,357,716 | ~$1,357,716 | ~2.0465% | ~$27,785 | +14.5% |
| 2028 | ~$1,452,630 | ~$1,452,630 | ~2.0465% | ~$29,728 | +22.5% |
| 2029 | ~$1,554,180 | ~$1,554,180 | ~2.0465% | ~$31,806 | +31.0% |
| 2030 | ~$1,662,829 | ~$1,662,829 | ~2.0465% | ~$34,030 | +40.2% |
| 2026 | ~$1,316,446 | ~$1,304,695 | ~1.9977% | ~$26,063 | +11.0% |
| 2027 | ~$1,461,133 | ~$1,435,164 | ~1.9488% | ~$27,969 | +23.2% |
| 2028 | ~$1,621,723 | ~$1,578,680 | ~1.9000% | ~$29,995 | +36.7% |
| 2029 | ~$1,799,963 | ~$1,736,549 | ~1.8512% | ~$32,147 | +51.8% |
| 2030 | ~$1,997,793 | ~$1,910,203 | ~1.8024% | ~$34,429 | +68.4% |
In 2025, this property's market value of $1,186,086 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% 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 | $1,186,086 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,213,218 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,083,782 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $840,299 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $840,538 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.