5900 N LAMAR BLVD TX 78752
| Owner | HNMD LLC |
|---|---|
| Parcel ID | 0229080109 |
| Short ID | 230005 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,456 SF |
| Land SF | 24,568 SF |
| Acres | 0.564 |
| Year Built | 2015 |
| Legal | .564 AC OF LOT 3 AMENDED PLAT OF LTS A-E & G WUPPERMAN ADDN SEC 2 |
| Neighborhood | 33CEN |
| Land | $2,456,784 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,456,784 |
| Improvement | $93,596 |
|---|---|
| Total Improvement | $93,596 |
| Market | $2,550,380 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,550,380 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,550,380 |
| Taxable Value | $2,550,380 |
|---|
Appreciation: Market value has risen +12.6% from $2,264,000 (2021) to $2,550,380 (2025), a CAGR of 3.0% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $52,193. 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 96% of market value ($2,456,784 land vs $93,596 improvements), about $100/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,550,380, 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,959,821 by 2030, with an estimated annual tax burden around $55,755. 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 | 12,500 SF | ✗ |
| 501 | CANOPY | 3,204 SF | ✗ |
| 611 | TERRACE | 3,204 SF | ✗ |
| 1ST | 1st Floor | 2,456 SF | ✓ |
| 591 | MASONRY TRIM SF | 494 SF | ✗ |
| 482 | LIGHT POLES | 5 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% | $23,596.12 | $23,596.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,364.42 | $13,364.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,585.48 | $9,585.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,010.03 | $3,010.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,637.09 | $2,637.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,193.14 | $52,193.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,457,784 | $2,550,380 | -3.6% |
| Assessed Value | $2,457,784 | $2,550,380 | -3.6% |
| Land Value | $2,456,784 | $2,456,784 | +0.0% |
| Improvement Value | $1,000 | $93,596 | -98.9% |
| Taxable Value | $2,457,784 | $2,550,380 | -3.6% |
| Total Tax 2026 = estimate |
~$50,298
Estimated
|
~$52,193
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,554,531 | $2,457,784 | -96,747 (-3.8%) |
| Taxable Value | $2,554,531 | $2,457,784 | -96,747 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,457,784 | $2,456,784 | $1,000 | — | $2,457,784 | $2,457,784 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,550,380 | $2,456,784 | $93,596 | — | $2,550,380 | $2,550,380 | ~$52,193 | Partial |
| 2024 | $2,404,000 | — | — | — | $2,456,784 ! | $— | $49,070 | Verified |
| 2023 | $1,848,000 | — | — | — | $2,404,000 ! | $— | $43,494 | Verified |
| 2022 | $1,848,000 | — | — | — | $1,848,000 | $— | $36,497 | Verified |
| 2021 | $2,264,000 | — | — | −$912,769 | $1,351,231 | $— | $40,225 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | 1.9800% | Verified |
| 2023 | +30.1% | +30.1% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.6% | +2.8% | +3.8% | +30.1% | 2024 | -18.4% | 2022 |
| Assessment Ratio | 100.0% | 98.7% | — | 130.1% | 2023 | 59.7% | 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 |
$52,193 | $44,296 | ~$54,341 | $52,193 | 2025 | $36,497 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,627,465 | ~$2,627,465 | ~2.0139% | ~$52,915 | +3.0% |
| 2027 | ~$2,706,881 | ~$2,706,881 | ~1.9814% | ~$53,634 | +6.1% |
| 2028 | ~$2,788,696 | ~$2,788,696 | ~1.9488% | ~$54,347 | +9.3% |
| 2029 | ~$2,872,985 | ~$2,872,985 | ~1.9163% | ~$55,055 | +12.6% |
| 2030 | ~$2,959,821 | ~$2,959,821 | ~1.8837% | ~$55,755 | +16.1% |
| 2026 | ~$2,576,458 | ~$2,576,458 | ~2.0465% | ~$52,727 | +1.0% |
| 2027 | ~$2,602,802 | ~$2,602,802 | ~2.0465% | ~$53,266 | +2.1% |
| 2028 | ~$2,629,416 | ~$2,629,416 | ~2.0465% | ~$53,811 | +3.1% |
| 2029 | ~$2,656,302 | ~$2,656,302 | ~2.0465% | ~$54,361 | +4.2% |
| 2030 | ~$2,683,463 | ~$2,683,463 | ~2.0465% | ~$54,917 | +5.2% |
| 2026 | ~$2,678,473 | ~$2,678,473 | ~1.9977% | ~$53,507 | +5.0% |
| 2027 | ~$2,813,000 | ~$2,813,000 | ~1.9488% | ~$54,821 | +10.3% |
| 2028 | ~$2,954,283 | ~$2,954,283 | ~1.9000% | ~$56,132 | +15.8% |
| 2029 | ~$3,102,662 | ~$3,102,662 | ~1.8512% | ~$57,436 | +21.7% |
| 2030 | ~$3,258,493 | ~$3,258,493 | ~1.8024% | ~$58,730 | +27.8% |
In 2025, this property's market value of $2,550,380 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +80% 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 | $2,550,380 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,404,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,848,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,848,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,264,000 | $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.