5415 N LAMAR BLVD TX 78751
| Owner | 5415 LAMAR LLC |
|---|---|
| Parcel ID | 0226070628 |
| Short ID | 226620 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,000 SF |
| Land SF | 11,475 SF |
| Acres | 0.263 |
| Year Built | 1950 |
| Legal | LOT 1 E-Z ADDN |
| Neighborhood | 83CEN |
| Land | $1,147,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,147,500 |
| Improvement | $61,986 |
|---|---|
| Total Improvement | $61,986 |
| Market | $1,209,486 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,209,486 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,209,486 |
| Exemptions (−) | −$12,431 |
|---|---|
| Taxable Value | $1,197,055 |
Appreciation: Market value has risen +47.5% from $820,000 (2021) to $1,209,486 (2025), a CAGR of 10.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $24,498. 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 95% of market value ($1,147,500 land vs $61,986 improvements), about $100/SF of land. With value concentrated in the land under a ~76-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 $1,209,486, 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 +10.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,966,005 by 2030, with an estimated annual tax burden around $36,693. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,110 SF | ✗ |
| 1ST | 1st Floor | 4,000 SF | ✓ |
| 328 | MEZZ COMM (STG) | 1,120 SF | ✓ |
| SO | Sketch Only | 200 SF | ✗ |
| 501 | CANOPY | 160 SF | ✗ |
| 611 | TERRACE | 160 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 18 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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% | $11,075.15 | $11,075.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,272.77 | $6,272.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,499.07 | $4,499.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,412.80 | $1,412.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,237.75 | $1,237.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,497.54 | $24,497.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,237,339 | $1,209,486 | +2.3% |
| Assessed Value | $1,237,339 | $1,209,486 | +2.3% |
| Land Value | $1,147,500 | $1,147,500 | +0.0% |
| Improvement Value | $89,839 | $61,986 | +44.9% |
| Taxable Value | $1,237,339 | $1,197,055 | +3.4% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$25,322
Estimated
|
~$24,498
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,237,339 | $1,237,339 | +0 (+0.0%) |
| Taxable Value | $1,237,339 | $1,237,339 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,237,339 | $1,147,500 | $89,839 | — | $1,237,339 | $1,237,339 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,209,486 | $1,147,500 | $61,986 | — | $1,209,486 | $1,197,055 | ~$24,498 | Partial |
| 2024 | $1,267,448 | — | — | −$119,948 | $1,147,500 | $— | $24,987 | Verified |
| 2023 | $1,049,500 | — | — | — | $1,147,500 ! | $— | $22,730 | Verified |
| 2022 | $820,000 | — | — | — | $1,032,750 ! | $— | $20,727 | Verified |
| 2021 | $820,000 | — | — | −$16,750 | $803,250 | $— | $16,398 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | +0.6% | +0.6% | ~100% | 1.9600% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.7900% | Verified |
| 2022 | +20.9% | +20.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.3% | +9.3% | +9.7% | +28.0% | 2023 | -4.6% | 2025 |
| Assessment Ratio | 100.0% | 104.0% | — | 125.9% | 2022 | 90.5% | 2024 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,498 | $21,868 | ~$31,558 | $24,987 | 2024 | $16,398 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,332,900 | ~$1,330,435 | ~2.0139% | ~$26,794 | +10.2% |
| 2027 | ~$1,468,907 | ~$1,463,478 | ~1.9814% | ~$28,997 | +21.4% |
| 2028 | ~$1,618,792 | ~$1,609,826 | ~1.9488% | ~$31,373 | +33.8% |
| 2029 | ~$1,783,971 | ~$1,770,808 | ~1.9163% | ~$33,934 | +47.5% |
| 2030 | ~$1,966,005 | ~$1,947,889 | ~1.8837% | ~$36,693 | +62.5% |
| 2026 | ~$1,308,710 | ~$1,308,710 | ~2.0465% | ~$26,783 | +8.2% |
| 2027 | ~$1,416,075 | ~$1,416,075 | ~2.0465% | ~$28,980 | +17.1% |
| 2028 | ~$1,532,248 | ~$1,532,248 | ~2.0465% | ~$31,357 | +26.7% |
| 2029 | ~$1,657,951 | ~$1,657,951 | ~2.0465% | ~$33,930 | +37.1% |
| 2030 | ~$1,793,966 | ~$1,793,966 | ~2.0465% | ~$36,713 | +48.3% |
| 2026 | ~$1,357,090 | ~$1,330,435 | ~1.9977% | ~$26,578 | +12.2% |
| 2027 | ~$1,522,707 | ~$1,463,478 | ~1.9488% | ~$28,521 | +25.9% |
| 2028 | ~$1,708,536 | ~$1,609,826 | ~1.9000% | ~$30,587 | +41.3% |
| 2029 | ~$1,917,043 | ~$1,770,808 | ~1.8512% | ~$32,781 | +58.5% |
| 2030 | ~$2,150,996 | ~$1,947,889 | ~1.8024% | ~$35,108 | +77.8% |
In 2025, this property's market value of $1,209,486 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -15% 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 | $1,209,486 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,267,448 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,049,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $820,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $820,000 | $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.