5922 N LAMAR BLVD TX 78752
| Owner | SCHKADE FAMILY TRUST |
|---|---|
| Parcel ID | 0229080106 |
| Short ID | 230003 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 2,190 SF |
| Land SF | 36,086 SF |
| Acres | 0.828 |
| Year Built | 1965 |
| Legal | LOT 1 AMENDED PLAT OF LTS A-E & G WUPPERMAN ADDN SEC 2 |
| Neighborhood | 83NOR |
| Land | $2,598,192 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,598,192 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,513,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,513,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,513,000 |
| Taxable Value | $2,513,000 |
|---|
Appreciation: Market value has risen +93.3% from $1,300,000 (2021) to $2,513,000 (2025), a CAGR of 17.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $51,428. 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 103% of market value ($2,598,192 land vs $0 improvements), about $72/SF of land. With value concentrated in the land under a ~61-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 $2,513,000, 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 +17.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,728,012 by 2030, with an estimated annual tax burden around $76,239. 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 | 4,896 SF | ✗ |
| 1ST | 1st Floor | 2,190 SF | ✓ |
| 531 | OBS FENCE | 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% | $23,250.28 | $23,250.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,168.55 | $13,168.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,444.98 | $9,444.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,965.92 | $2,965.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,598.44 | $2,598.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $51,428.17 | $51,428.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,610,019 | $2,513,000 | +3.9% |
| Assessed Value | $2,610,019 | $2,513,000 | +3.9% |
| Land Value | $2,598,192 | $2,598,192 | +0.0% |
| Improvement Value | $11,827 | — | — |
| Taxable Value | $2,610,019 | $2,513,000 | +3.9% |
| Total Tax 2026 = estimate |
~$53,414
Estimated
|
~$51,428
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,610,019 | $2,610,019 | +0 (+0.0%) |
| Taxable Value | $2,610,019 | $2,610,019 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,610,019 | $2,598,192 | $11,827 | — | $2,610,019 | $2,610,019 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,513,000 | $2,598,192 | — | — | $2,513,000 | $2,513,000 | ~$51,428 | Partial |
| 2024 | $2,506,696 | — | — | — | $2,513,000 ! | $— | $49,803 | Verified |
| 2023 | $1,569,189 | — | — | — | $2,506,696 ! | $— | $45,352 | Verified |
| 2022 | $1,309,371 | — | — | — | $1,569,189 ! | $— | $30,990 | Verified |
| 2021 | $1,300,000 | — | — | −$904 | $1,299,096 | $— | $28,501 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.9800% | Verified |
| 2023 | +59.7% | +59.7% | ~100% | 1.8100% | Verified |
| 2022 | +19.8% | +19.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +91.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.9% | +16.9% | +17.0% | +59.7% | 2024 | +0.3% | 2025 |
| Assessment Ratio | 100.0% | 113.3% | — | 159.7% | 2023 | 99.9% | 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 |
$51,428 | $41,215 | ~$65,570 | $51,428 | 2025 | $28,501 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,963,158 | ~$2,764,300 | ~2.0139% | ~$55,671 | +17.9% |
| 2027 | ~$3,493,953 | ~$3,040,730 | ~1.9814% | ~$60,249 | +39.0% |
| 2028 | ~$4,119,830 | ~$3,344,803 | ~1.9488% | ~$65,185 | +63.9% |
| 2029 | ~$4,857,822 | ~$3,679,283 | ~1.9163% | ~$70,506 | +93.3% |
| 2030 | ~$5,728,012 | ~$4,047,212 | ~1.8837% | ~$76,239 | +127.9% |
| 2026 | ~$2,912,898 | ~$2,764,300 | ~2.0465% | ~$56,571 | +15.9% |
| 2027 | ~$3,376,432 | ~$3,040,730 | ~2.0465% | ~$62,228 | +34.4% |
| 2028 | ~$3,913,729 | ~$3,344,803 | ~2.0465% | ~$68,451 | +55.7% |
| 2029 | ~$4,536,527 | ~$3,679,283 | ~2.0465% | ~$75,296 | +80.5% |
| 2030 | ~$5,258,432 | ~$4,047,212 | ~2.0465% | ~$82,826 | +109.2% |
| 2026 | ~$3,013,418 | ~$2,764,300 | ~1.9977% | ~$55,221 | +19.9% |
| 2027 | ~$3,613,484 | ~$3,040,730 | ~1.9488% | ~$59,259 | +43.8% |
| 2028 | ~$4,333,043 | ~$3,344,803 | ~1.9000% | ~$63,552 | +72.4% |
| 2029 | ~$5,195,889 | ~$3,679,283 | ~1.8512% | ~$68,111 | +106.8% |
| 2030 | ~$6,230,555 | ~$4,047,212 | ~1.8024% | ~$72,946 | +147.9% |
In 2025, this property's market value of $2,513,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +77% 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 | $2,513,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,506,696 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,569,189 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,309,371 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,300,000 | $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.