5300 N LAMAR BLVD TX 78751
| Owner | CAMDEN PROPERTY TRUST |
|---|---|
| Parcel ID | 0226070535 |
| Short ID | 226600 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 165,042 SF |
| Land SF | 202,584 SF |
| Acres | 4.651 |
| Year Built | 2013 |
| Legal | 0.9833AC OF LOT A BEDNAR ADDN II & 1.0845AC OF LOT 1 & 2.5829AC OF LOT 2 BLK A BEDNAR ADDN III |
| Neighborhood | 08NC |
| Land | $20,258,449 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,258,449 |
| Improvement | $53,741,551 |
|---|---|
| Total Improvement | $53,741,551 |
| Market | $74,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $74,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $74,000,000 |
| Taxable Value | $74,000,000 |
|---|
Appreciation: Market value has risen +2603.0% from $2,737,720 (2021) to $74,000,000 (2025), a CAGR of 128.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $1,514,399. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 27% of market value ($20,258,449 land vs $53,741,551 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $74,000,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +128.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,560,737,574 by 2030, with an estimated annual tax burden around $2,245,002. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 193,263 SF | ✗ |
| 187 | PARKING GARAGE | 165,000 SF | ✓ |
| 1ST | 1st Floor | 55,042 SF | ✓ |
| 2ND | 2nd Floor | 55,000 SF | ✓ |
| 3RD | 3rd Floor | 55,000 SF | ✓ |
| 4TH | 4th Floor | 55,000 SF | ✓ |
| 5TH | 5th Floor | 43,135 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| MISC | Miscellaneous | 1 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% | $649,953.00 | $649,953.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $368,121.94 | $368,121.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $264,031.11 | $264,031.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $82,911.16 | $82,911.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $72,638.50 | $72,638.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,437,655.71 | $1,437,655.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $67,830,000 | $74,000,000 | -8.3% |
| Assessed Value | $67,830,000 | $74,000,000 | -8.3% |
| Land Value | $20,258,449 | $20,258,449 | +0.0% |
| Improvement Value | $47,571,551 | $53,741,551 | -11.5% |
| Taxable Value | $67,830,000 | $74,000,000 | -8.3% |
| Total Tax 2026 = estimate |
~$1,388,131
Estimated
|
~$1,437,656
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $67,830,000 | $67,830,000 | +0 (+0.0%) |
| Taxable Value | $67,830,000 | $67,830,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $67,830,000 | $20,258,449 | $47,571,551 | — | $67,830,000 | $67,830,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $74,000,000 | $20,258,449 | $53,741,551 | — | $74,000,000 | $74,000,000 | ~$1,437,656 | Partial |
| 2024 | $82,750,000 | — | — | — | — | $— | $1,508,184 | Verified |
| 2023 | $79,500,000 | — | — | — | — | $— | $1,500,356 | Verified |
| 2022 | $67,320,000 | — | — | — | — | $— | $1,572,265 | Verified |
| 2021 | $2,737,720 | — | — | — | — | $— | $1,465,340 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | -11.7% | -11.7% | ~100% | 1.9300% | Verified |
| 2023 | +8.1% | +8.1% | ~100% | 1.7000% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 53.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.3% | +472.5% | +132.2% | +2359.0% | 2022 | -10.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,437,656 | $1,496,760 | ~$1,930,829 | $1,572,265 | 2022 | $1,437,656 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$168,730,033 | ~$81,400,000 | ~2.0139% | ~$1,639,344 | +128.0% |
| 2027 | ~$384,727,354 | ~$89,540,000 | ~1.9814% | ~$1,774,135 | +419.9% |
| 2028 | ~$877,230,530 | ~$98,494,000 | ~1.9488% | ~$1,919,490 | +1085.4% |
| 2029 | ~$2,000,204,550 | ~$108,343,400 | ~1.9163% | ~$2,076,175 | +2603.0% |
| 2030 | ~$4,560,737,574 | ~$119,177,740 | ~1.8837% | ~$2,245,002 | +6063.2% |
| 2026 | ~$167,250,033 | ~$81,400,000 | ~2.0465% | ~$1,665,839 | +126.0% |
| 2027 | ~$378,007,752 | ~$89,540,000 | ~2.0465% | ~$1,832,423 | +410.8% |
| 2028 | ~$854,348,773 | ~$98,494,000 | ~2.0465% | ~$2,015,665 | +1054.5% |
| 2029 | ~$1,930,944,065 | ~$108,343,400 | ~2.0465% | ~$2,217,231 | +2509.4% |
| 2030 | ~$4,364,195,398 | ~$119,177,740 | ~2.0465% | ~$2,438,955 | +5797.6% |
| 2026 | ~$170,210,033 | ~$81,400,000 | ~1.9977% | ~$1,626,097 | +130.0% |
| 2027 | ~$391,506,155 | ~$89,540,000 | ~1.9488% | ~$1,744,991 | +429.1% |
| 2028 | ~$900,517,240 | ~$98,494,000 | ~1.9000% | ~$1,871,402 | +1116.9% |
| 2029 | ~$2,071,311,749 | ~$108,343,400 | ~1.8512% | ~$2,005,647 | +2699.1% |
| 2030 | ~$4,764,297,865 | ~$119,177,740 | ~1.8024% | ~$2,148,025 | +6338.2% |
In 2025, this property's market value of $74,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 142× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $74,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $82,750,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $79,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $67,320,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,737,720 | $300,453 | $376,850 | $539,896 | ↑ 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.