5610 N LAMAR BLVD TX 78751
| Owner | INDUSTRY NOLA LLC |
|---|---|
| Parcel ID | 0228070414 |
| Short ID | 228893 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,687 SF |
| Land SF | 17,400 SF |
| Acres | 0.399 |
| Year Built | 1985 |
| Legal | 144.78X120.07FT AV ABS 720 SUR 100 SPEAR G W |
| Neighborhood | 30CEN |
| Land | $1,740,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,740,000 |
| Improvement | $23,214 |
|---|---|
| Total Improvement | $23,214 |
| Market | $1,763,214 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,763,214 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,763,214 |
| Taxable Value | $1,763,214 |
|---|
Appreciation: Market value has risen +39.4% from $1,264,900 (2021) to $1,763,214 (2025), a CAGR of 8.7% 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 $36,084. 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 99% of market value ($1,740,000 land vs $23,214 improvements), about $100/SF of land. With value concentrated in the land under a ~41-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 $1,763,214, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,670,644 by 2030, with an estimated annual tax burden around $50,308. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,700 SF | ✗ |
| 1ST | 1st Floor | 4,687 SF | ✓ |
| 611 | TERRACE | 390 SF | ✗ |
| 501 | CANOPY | 390 SF | ✗ |
| 273 | COLDSTG VAULT SM | 270 SF | ✓ |
| SO | Sketch Only | 270 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% | $16,313.26 | $16,313.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,239.54 | $9,239.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,626.95 | $6,626.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,081.00 | $2,081.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,823.16 | $1,823.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,083.91 | $36,083.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,763,214 | $1,763,214 | +0.0% |
| Assessed Value | $1,763,214 | $1,763,214 | +0.0% |
| Land Value | $1,740,000 | $1,740,000 | +0.0% |
| Improvement Value | $23,214 | $23,214 | +0.0% |
| Taxable Value | $1,763,214 | $1,763,214 | +0.0% |
| Total Tax 2026 = estimate |
~$36,084
Estimated
|
~$36,084
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,763,214 | $1,763,214 | +0 (+0.0%) |
| Taxable Value | $1,763,214 | $1,763,214 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,763,214 | $1,740,000 | $23,214 | — | $1,763,214 | $1,763,214 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,763,214 | $1,740,000 | $23,214 | — | $1,763,214 | $1,763,214 | ~$36,084 | Partial |
| 2024 | $1,700,000 | — | — | — | $1,740,000 ! | $— | $34,944 | Verified |
| 2023 | $1,575,034 | — | — | — | $1,700,000 ! | $— | $30,757 | Verified |
| 2022 | $1,327,157 | — | — | — | $1,479,000 ! | $— | $31,106 | Verified |
| 2021 | $1,264,900 | — | — | −$133,900 | $1,131,000 | $— | $28,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.9800% | Verified |
| 2023 | +7.9% | +7.9% | ~100% | 1.8100% | Verified |
| 2022 | +18.7% | +18.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.0% | +8.7% | +18.7% | 2023 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 101.9% | — | 111.4% | 2022 | 89.4% | 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 |
$36,084 | $32,356 | ~$44,265 | $36,084 | 2025 | $28,888 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,915,875 | ~$1,915,875 | ~2.0139% | ~$38,585 | +8.7% |
| 2027 | ~$2,081,754 | ~$2,081,754 | ~1.9814% | ~$41,248 | +18.1% |
| 2028 | ~$2,261,995 | ~$2,261,995 | ~1.9488% | ~$44,083 | +28.3% |
| 2029 | ~$2,457,841 | ~$2,457,841 | ~1.9163% | ~$47,099 | +39.4% |
| 2030 | ~$2,670,644 | ~$2,670,644 | ~1.8837% | ~$50,308 | +51.5% |
| 2026 | ~$1,880,611 | ~$1,880,611 | ~2.0465% | ~$38,486 | +6.7% |
| 2027 | ~$2,005,824 | ~$2,005,824 | ~2.0465% | ~$41,049 | +13.8% |
| 2028 | ~$2,139,375 | ~$2,139,375 | ~2.0465% | ~$43,782 | +21.3% |
| 2029 | ~$2,281,817 | ~$2,281,817 | ~2.0465% | ~$46,697 | +29.4% |
| 2030 | ~$2,433,743 | ~$2,433,743 | ~2.0465% | ~$49,806 | +38.0% |
| 2026 | ~$1,951,140 | ~$1,939,535 | ~1.9977% | ~$38,745 | +10.7% |
| 2027 | ~$2,159,094 | ~$2,133,489 | ~1.9488% | ~$41,578 | +22.5% |
| 2028 | ~$2,389,213 | ~$2,346,838 | ~1.9000% | ~$44,590 | +35.5% |
| 2029 | ~$2,643,859 | ~$2,581,522 | ~1.8512% | ~$47,789 | +49.9% |
| 2030 | ~$2,925,645 | ~$2,839,674 | ~1.8024% | ~$51,181 | +65.9% |
In 2025, this property's market value of $1,763,214 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +24% 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 | $1,763,214 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,575,034 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,327,157 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,264,900 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.