6612 N LAMAR BLVD TX 78752
| Owner | SESSLER PROPERTIES LLC |
|---|---|
| Parcel ID | 0231090202 |
| Short ID | 232198 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 6,880 SF |
| Land SF | 17,500 SF |
| Acres | 0.402 |
| Year Built | 1963 |
| Legal | 50X350FT ABS 697 SUR 7 SPEAR G W |
| Neighborhood | 83NOR |
| Land | $1,260,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,260,000 |
| Improvement | $140,000 |
|---|---|
| Total Improvement | $140,000 |
| Market | $1,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,400,000 |
| Taxable Value | $1,400,000 |
|---|
Appreciation: Market value has risen +73.5% from $807,000 (2021) to $1,400,000 (2025), a CAGR of 14.8% 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 $28,651. 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 90% of market value ($1,260,000 land vs $140,000 improvements), about $72/SF of land. With value concentrated in the land under a ~63-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 $1,400,000, this parcel sits in the lower-middle (25th–50th 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 +14.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,787,380 by 2030, with an estimated annual tax burden around $42,473. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 11,600 SF | ✗ |
| 1ST | 1st Floor | 6,880 SF | ✓ |
| 541 | FENCE COMM LF | 180 SF | ✗ |
| 501 | CANOPY | 160 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% | $12,952.80 | $12,952.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,336.24 | $7,336.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,261.83 | $5,261.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,652.32 | $1,652.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,447.60 | $1,447.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,650.79 | $28,650.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,609,000 | $1,400,000 | +14.9% |
| Assessed Value | $1,609,000 | $1,400,000 | +14.9% |
| Land Value | $1,260,000 | $1,260,000 | +0.0% |
| Improvement Value | $349,000 | $140,000 | +149.3% |
| Taxable Value | $1,609,000 | $1,400,000 | +14.9% |
| Total Tax 2026 = estimate |
~$32,928
Estimated
|
~$28,651
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,609,000 | $1,609,000 | +0 (+0.0%) |
| Taxable Value | $1,609,000 | $1,609,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,609,000 | $1,260,000 | $349,000 | — | $1,609,000 | $1,609,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,400,000 | $1,260,000 | $140,000 | — | $1,400,000 | $1,400,000 | ~$28,651 | Partial |
| 2024 | $1,401,209 | — | — | −$141,209 | $1,260,000 | $— | $27,769 | Verified |
| 2023 | $965,765 | — | — | — | $1,260,000 ! | $— | $25,351 | Verified |
| 2022 | $808,259 | — | — | — | $965,765 ! | $— | $19,073 | Verified |
| 2021 | $807,000 | — | — | −$98,250 | $708,750 | $— | $17,593 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.9% | +14.9% | ~100% | Not available | Partial |
| 2025 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +45.1% | +45.1% | ~100% | 1.8100% | Verified |
| 2022 | +19.5% | +19.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.9% | +15.9% | +11.8% | +45.1% | 2024 | -0.1% | 2025 |
| Assessment Ratio | 100.0% | 104.6% | — | 130.5% | 2023 | 87.8% | 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 |
$28,651 | $23,688 | ~$36,529 | $28,651 | 2025 | $17,593 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,606,725 | ~$1,540,000 | ~2.0139% | ~$31,015 | +14.8% |
| 2027 | ~$1,843,976 | ~$1,694,000 | ~1.9814% | ~$33,565 | +31.7% |
| 2028 | ~$2,116,259 | ~$1,863,400 | ~1.9488% | ~$36,315 | +51.2% |
| 2029 | ~$2,428,748 | ~$2,049,740 | ~1.9163% | ~$39,279 | +73.5% |
| 2030 | ~$2,787,380 | ~$2,254,714 | ~1.8837% | ~$42,473 | +99.1% |
| 2026 | ~$1,578,725 | ~$1,540,000 | ~2.0465% | ~$31,516 | +12.8% |
| 2027 | ~$1,780,267 | ~$1,694,000 | ~2.0465% | ~$34,667 | +27.2% |
| 2028 | ~$2,007,538 | ~$1,863,400 | ~2.0465% | ~$38,134 | +43.4% |
| 2029 | ~$2,263,822 | ~$2,049,740 | ~2.0465% | ~$41,948 | +61.7% |
| 2030 | ~$2,552,824 | ~$2,254,714 | ~2.0465% | ~$46,142 | +82.3% |
| 2026 | ~$1,634,725 | ~$1,540,000 | ~1.9977% | ~$30,764 | +16.8% |
| 2027 | ~$1,908,805 | ~$1,694,000 | ~1.9488% | ~$33,013 | +36.3% |
| 2028 | ~$2,228,837 | ~$1,863,400 | ~1.9000% | ~$35,405 | +59.2% |
| 2029 | ~$2,602,526 | ~$2,049,740 | ~1.8512% | ~$37,945 | +85.9% |
| 2030 | ~$3,038,869 | ~$2,254,714 | ~1.8024% | ~$40,638 | +117.1% |
In 2025, this property's market value of $1,400,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -1% below 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 | $1,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,401,209 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $965,765 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $808,259 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $807,000 | $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.