N LAMAR BLVD TX 78757
| Owner | SANDGARTEN INC |
|---|---|
| Parcel ID | 0229080214 |
| Short ID | 230021 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,194 SF |
| Land SF | 67,165 SF |
| Acres | 1.542 |
| Year Built | 1950 |
| Legal | APPROX 1.5419 AC OF LOT 2-3 RESERVOIR HEIGHTS |
| Neighborhood | 30CEN |
| Land | $4,637,004 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,637,004 |
| Improvement | $60,996 |
|---|---|
| Total Improvement | $60,996 |
| Market | $4,698,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,698,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,698,000 |
| Taxable Value | $4,698,000 |
|---|
Appreciation: Market value has risen +67.9% from $2,798,043 (2021) to $4,698,000 (2025), a CAGR of 13.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $96,144. 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 ($4,637,004 land vs $60,996 improvements), about $69/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 $4,698,000, this parcel sits in the top quartile (≥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 +13.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,979,172 by 2030, with an estimated annual tax burden around $142,527. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,194 SF | ✓ |
| 501 | CANOPY | 1,616 SF | ✗ |
| 611 | TERRACE | 1,616 SF | ✗ |
| 551 | PAVED AREA | 1,600 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 1,024 SF | ✗ |
| 541 | FENCE COMM LF | 960 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 274 SF | ✗ |
| 251 | BATHROOM | 1 SF | ✓ |
| 522C | FIREPLACE 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% | $43,465.90 | $43,465.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,618.32 | $24,618.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,657.20 | $17,657.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,544.72 | $5,544.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,857.73 | $4,857.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $96,143.87 | $96,143.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,698,000 | $4,698,000 | +0.0% |
| Assessed Value | $4,698,000 | $4,698,000 | +0.0% |
| Land Value | $4,637,004 | $4,637,004 | +0.0% |
| Improvement Value | $60,996 | $60,996 | +0.0% |
| Taxable Value | $4,698,000 | $4,698,000 | +0.0% |
| Total Tax 2026 = estimate |
~$96,144
Estimated
|
~$96,144
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,716,795 | $4,698,000 | -18,795 (-0.4%) |
| Taxable Value | $4,716,795 | $4,698,000 | -18,795 (-0.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,698,000 | $4,637,004 | $60,996 | — | $4,698,000 | $4,698,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,698,000 | $4,637,004 | $60,996 | — | $4,698,000 | $4,698,000 | ~$96,144 | Partial |
| 2024 | $3,919,558 | — | — | — | $4,637,004 ! | $— | $93,369 | Verified |
| 2023 | $4,400,000 | — | — | — | $4,557,962 ! | $— | $71,544 | Verified |
| 2022 | $2,857,313 | — | — | — | $4,400,000 ! | $— | $77,882 | Verified |
| 2021 | $2,798,043 | — | — | −$70,304 | $2,727,739 | $— | $61,007 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | 1.9800% | Verified |
| 2023 | +3.6% | +3.6% | ~100% | 1.5700% | Verified |
| 2022 | +54.0% | +54.0% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +13.0% | +13.8% | +54.0% | 2023 | -10.9% | 2024 |
| Assessment Ratio | 100.0% | 112.2% | — | 154.0% | 2022 | 97.5% | 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 |
$96,144 | $79,989 | ~$122,582 | $96,144 | 2025 | $61,007 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,347,831 | ~$5,167,800 | ~2.0139% | ~$104,076 | +13.8% |
| 2027 | ~$6,087,547 | ~$5,684,580 | ~1.9814% | ~$112,634 | +29.6% |
| 2028 | ~$6,929,581 | ~$6,253,038 | ~1.9488% | ~$121,862 | +47.5% |
| 2029 | ~$7,888,086 | ~$6,878,342 | ~1.9163% | ~$131,809 | +67.9% |
| 2030 | ~$8,979,172 | ~$7,566,176 | ~1.8837% | ~$142,527 | +91.1% |
| 2026 | ~$5,253,871 | ~$5,167,800 | ~2.0465% | ~$105,758 | +11.8% |
| 2027 | ~$5,875,513 | ~$5,684,580 | ~2.0465% | ~$116,334 | +25.1% |
| 2028 | ~$6,570,708 | ~$6,253,038 | ~2.0465% | ~$127,967 | +39.9% |
| 2029 | ~$7,348,159 | ~$6,878,342 | ~2.0465% | ~$140,764 | +56.4% |
| 2030 | ~$8,217,599 | ~$7,566,176 | ~2.0465% | ~$154,841 | +74.9% |
| 2026 | ~$5,441,791 | ~$5,167,800 | ~1.9977% | ~$103,235 | +15.8% |
| 2027 | ~$6,303,339 | ~$5,684,580 | ~1.9488% | ~$110,783 | +34.2% |
| 2028 | ~$7,301,289 | ~$6,253,038 | ~1.9000% | ~$118,809 | +55.4% |
| 2029 | ~$8,457,235 | ~$6,878,342 | ~1.8512% | ~$127,331 | +80.0% |
| 2030 | ~$9,796,190 | ~$7,566,176 | ~1.8024% | ~$136,371 | +108.5% |
In 2025, this property's market value of $4,698,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,698,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,919,558 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,857,313 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,798,043 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.