6400 N LAMAR BLVD TX 78752
| Owner | SCHKADE ENTERPRISES LTD |
|---|---|
| Parcel ID | 0229080216 |
| Short ID | 230023 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,160 SF |
| Land SF | 17,550 SF |
| Acres | 0.403 |
| Year Built | 1953 |
| Legal | LOT 1A BADEN ADDN |
| Neighborhood | 59NOR |
| Land | $1,579,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,579,500 |
| Improvement | $1 |
|---|---|
| Total Improvement | $1 |
| Market | $1,579,501 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,579,501 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,579,501 |
| Taxable Value | $1,579,501 |
|---|
Appreciation: Market value has risen +94.0% from $814,005 (2021) to $1,579,501 (2025), a CAGR of 18.0% 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 $32,324. 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 100% of market value ($1,579,500 land vs $1 improvements), about $90/SF of land. With value concentrated in the land under a ~73-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 $1,579,501, 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 +18.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,617,312 by 2030, with an estimated annual tax burden around $47,919. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,160 SF | ✓ |
| 611 | TERRACE | 369 SF | ✗ |
| 511 | DECK | 85 SF | ✗ |
| 501 | CANOPY | 50 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% | $14,613.54 | $14,613.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,276.85 | $8,276.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,936.48 | $5,936.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,864.17 | $1,864.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,633.20 | $1,633.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,324.24 | $32,324.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,579,501 | $1,579,501 | +0.0% |
| Assessed Value | $1,579,501 | $1,579,501 | +0.0% |
| Land Value | $1,579,500 | $1,579,500 | +0.0% |
| Improvement Value | $1 | $1 | +0.0% |
| Taxable Value | $1,579,501 | $1,579,501 | +0.0% |
| Total Tax 2026 = estimate |
~$32,324
Estimated
|
~$32,324
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,779,539 | $1,579,501 | -200,038 (-11.2%) |
| Taxable Value | $1,779,539 | $1,579,501 | -200,038 (-11.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,579,501 | $1,579,500 | $1 | — | $1,579,501 | $1,579,501 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,579,501 | $1,579,500 | $1 | — | $1,579,501 | $1,579,501 | ~$32,324 | Partial |
| 2024 | $1,600,000 | — | — | −$20,500 | $1,579,500 | $— | $32,304 | Verified |
| 2023 | $1,341,000 | — | — | — | $1,579,500 ! | $— | $28,948 | Verified |
| 2022 | $775,017 | — | — | — | $1,316,250 ! | $— | $26,484 | Verified |
| 2021 | $814,005 | — | — | −$63,742 | $750,263 | $— | $16,870 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | +1.9% | +1.9% | ~100% | 1.9800% | Verified |
| 2023 | +19.3% | +19.3% | ~100% | 1.8100% | Verified |
| 2022 | +73.0% | +73.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +103.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +17.2% | +18.0% | +73.0% | 2023 | -4.8% | 2022 |
| Assessment Ratio | 100.0% | 113.1% | — | 169.8% | 2022 | 92.2% | 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 |
$32,324 | $27,386 | ~$41,213 | $32,324 | 2025 | $16,870 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,864,203 | ~$1,737,451 | ~2.0139% | ~$34,991 | +18.0% |
| 2027 | ~$2,200,221 | ~$1,911,196 | ~1.9814% | ~$37,868 | +39.3% |
| 2028 | ~$2,596,806 | ~$2,102,316 | ~1.9488% | ~$40,971 | +64.4% |
| 2029 | ~$3,064,875 | ~$2,312,547 | ~1.9163% | ~$44,315 | +94.0% |
| 2030 | ~$3,617,312 | ~$2,543,802 | ~1.8837% | ~$47,919 | +129.0% |
| 2026 | ~$1,832,613 | ~$1,737,451 | ~2.0465% | ~$35,557 | +16.0% |
| 2027 | ~$2,126,285 | ~$1,911,196 | ~2.0465% | ~$39,112 | +34.6% |
| 2028 | ~$2,467,017 | ~$2,102,316 | ~2.0465% | ~$43,024 | +56.2% |
| 2029 | ~$2,862,351 | ~$2,312,547 | ~2.0465% | ~$47,326 | +81.2% |
| 2030 | ~$3,321,037 | ~$2,543,802 | ~2.0465% | ~$52,059 | +110.3% |
| 2026 | ~$1,895,793 | ~$1,737,451 | ~1.9977% | ~$34,708 | +20.0% |
| 2027 | ~$2,275,421 | ~$1,911,196 | ~1.9488% | ~$37,246 | +44.1% |
| 2028 | ~$2,731,069 | ~$2,102,316 | ~1.9000% | ~$39,944 | +72.9% |
| 2029 | ~$3,277,960 | ~$2,312,547 | ~1.8512% | ~$42,810 | +107.5% |
| 2030 | ~$3,934,364 | ~$2,543,802 | ~1.8024% | ~$45,849 | +149.1% |
In 2025, this property's market value of $1,579,501 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +11% 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 | $1,579,501 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,341,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $775,017 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $814,005 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.