6000 N LAMAR BLVD TX
| Owner | AHFC CENTRAL PROPERTY NON-PROFIT |
|---|---|
| Parcel ID | 0229080105 |
| Short ID | 230002 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 11,616 SF |
| Land SF | 27,900 SF |
| Acres | 0.640 |
| Year Built | 1973 |
| Legal | LOT B CENTRAL INSURANCE ADDN |
| Neighborhood | 52NOR |
| Land | $2,790,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,790,000 |
| Improvement | $457,271 |
|---|---|
| Total Improvement | $457,271 |
| Market | $3,247,271 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,247,271 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,247,271 |
| Taxable Value | $3,247,271 |
|---|
Appreciation: Market value has risen +121.4% from $1,466,474 (2021) to $3,247,271 (2025), a CAGR of 22.0% 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.
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 86% of market value ($2,790,000 land vs $457,271 improvements), about $100/SF of land. With value concentrated in the land under a ~53-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 $3,247,271, 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 +22.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,771,497 by 2030, with an estimated annual tax burden around $0. 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 | 13,700 SF | ✗ |
| 2ND | 2nd Floor | 6,354 SF | ✓ |
| 1ST | 1st Floor | 5,262 SF | ✓ |
| 501 | CANOPY | 816 SF | ✗ |
| 409 | SOLAR/WIND DEVICES COMM | 56 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,258,841 | $3,247,271 | +0.4% |
| Assessed Value | $3,258,841 | $3,247,271 | +0.4% |
| Land Value | $2,790,000 | $2,790,000 | +0.0% |
| Improvement Value | $468,841 | $457,271 | +2.5% |
| Taxable Value | — | — | — |
| Exemptions | — | NE | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,258,841 | $3,258,841 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,258,841 | $2,790,000 | $468,841 | — | $3,258,841 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,247,271 | $2,790,000 | $457,271 | — | $3,247,271 | $— | not in county billing file ⓘ | Partial |
| 2024 | $3,232,199 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $2,230,580 | — | — | — | — | $— | $20,327 | Verified |
| 2022 | $1,725,752 | — | — | — | — | $— | $42,484 | Verified |
| 2021 | $1,466,474 | — | — | −$71,474 | $1,395,000 | $— | $37,564 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2024 | +6.1% | +6.1% | ~100% | No billing data | Verified |
| 2023 | +44.9% | +44.9% | ~100% | 0.6300% | Verified |
| 2022 | +29.3% | +29.3% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +88.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +18.6% | +21.9% | +44.9% | 2024 | +0.4% | 2026 |
| Assessment Ratio | 100.0% | 98.4% | — | 100.0% | 2025 | 95.1% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $20,327 | $33,458 | — | $42,484 | 2022 | $20,327 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,961,226 | ~$3,571,998 | ~0.0000% | ~$0 | +22.0% |
| 2027 | ~$4,832,152 | ~$3,929,198 | ~0.0000% | ~$0 | +48.8% |
| 2028 | ~$5,894,564 | ~$4,322,118 | ~0.0000% | ~$0 | +81.5% |
| 2029 | ~$7,190,560 | ~$4,754,329 | ~0.0000% | ~$0 | +121.4% |
| 2030 | ~$8,771,497 | ~$5,229,762 | ~0.0000% | ~$0 | +170.1% |
| 2026 | ~$3,896,280 | ~$3,571,998 | ~0.0000% | ~$0 | +20.0% |
| 2027 | ~$4,675,002 | ~$3,929,198 | ~0.0000% | ~$0 | +44.0% |
| 2028 | ~$5,609,362 | ~$4,322,118 | ~0.0000% | ~$0 | +72.7% |
| 2029 | ~$6,730,466 | ~$4,754,329 | ~0.0000% | ~$0 | +107.3% |
| 2030 | ~$8,075,636 | ~$5,229,762 | ~0.0000% | ~$0 | +148.7% |
| 2026 | ~$4,026,171 | ~$3,571,998 | ~0.0000% | ~$0 | +24.0% |
| 2027 | ~$4,991,900 | ~$3,929,198 | ~0.0000% | ~$0 | +53.7% |
| 2028 | ~$6,189,272 | ~$4,322,118 | ~0.0000% | ~$0 | +90.6% |
| 2029 | ~$7,673,849 | ~$4,754,329 | ~0.0000% | ~$0 | +136.3% |
| 2030 | ~$9,514,521 | ~$5,229,762 | ~0.0000% | ~$0 | +193.0% |
In 2025, this property's market value of $3,247,271 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +129% 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 | $3,247,271 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,232,199 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,230,580 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,725,752 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,466,474 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |