6517 N LAMAR BLVD TX 78752
| Owner | 6517 LAMAR LLC |
|---|---|
| Parcel ID | 0231090415 |
| Short ID | 232219 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 6,438 SF |
| Land SF | 18,781 SF |
| Acres | 0.431 |
| Year Built | 1968 |
| Legal | LOT 1-3 BLK A PLAZA PLACE |
| Neighborhood | 83NOR |
| Land | $1,690,290 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,690,290 |
| Improvement | $288,194 |
|---|---|
| Total Improvement | $288,194 |
| Market | $1,978,484 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,978,484 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,978,484 |
| Exemptions (−) | −$23,526 |
|---|---|
| Taxable Value | $1,954,958 |
Appreciation: Market value has risen +61.1% from $1,228,000 (2021) to $1,978,484 (2025), a CAGR of 12.7% 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 $40,008. 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 85% of market value ($1,690,290 land vs $288,194 improvements), about $90/SF of land. With value concentrated in the land under a ~58-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 $1,978,484, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,591,288 by 2030, with an estimated annual tax burden around $60,023. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,000 SF | ✗ |
| 1ST | 1st Floor | 6,438 SF | ✓ |
| 501 | CANOPY | 600 SF | ✗ |
| SO | Sketch Only | 458 SF | ✗ |
| 541 | FENCE COMM LF | 180 SF | ✗ |
| 093 | HVAC COMMRCL SF | 108 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 29 SF | ✓ |
| 409 | SOLAR/WIND DEVICES 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% | $18,087.27 | $18,087.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,244.31 | $10,244.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,347.61 | $7,347.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,307.30 | $2,307.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,021.43 | $2,021.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,007.92 | $40,007.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,049,000 | $1,978,484 | +3.6% |
| Assessed Value | $2,049,000 | $1,978,484 | +3.6% |
| Land Value | $1,690,290 | $1,690,290 | +0.0% |
| Improvement Value | $358,710 | $288,194 | +24.5% |
| Taxable Value | $2,021,347 | $1,954,958 | +3.4% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$41,367
Estimated
|
~$40,008
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,049,000 | $2,049,000 | +0 (+0.0%) |
| Taxable Value | $2,021,347 | $2,021,347 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,049,000 | $1,690,290 | $358,710 | — | $2,049,000 | $2,021,347 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,978,484 | $1,690,290 | $288,194 | — | $1,978,484 | $1,954,958 | ~$40,008 | Partial |
| 2024 | $2,120,500 | — | — | −$430,210 | $1,690,290 | $— | $41,640 | Verified |
| 2023 | $1,700,000 | — | — | −$9,710 | $1,690,290 | $— | $34,563 | Verified |
| 2022 | $1,192,896 | — | — | — | $1,408,575 ! | $— | $32,636 | Verified |
| 2021 | $1,228,000 | — | — | −$382,855 | $845,145 | $— | $24,041 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.6% | +3.6% | ~100% | Not available | Partial |
| 2025 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2024 | +1.2% | +1.2% | ~100% | 1.9400% | Verified |
| 2023 | +24.7% | +24.7% | ~100% | 1.6300% | Verified |
| 2022 | +42.5% | +42.5% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.6% | +12.2% | +11.9% | +42.5% | 2023 | -6.7% | 2025 |
| Assessment Ratio | 100.0% | 94.3% | — | 118.1% | 2022 | 68.8% | 2021 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,008 | $34,578 | ~$51,623 | $41,640 | 2024 | $24,041 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,229,031 | ~$2,176,332 | ~2.0139% | ~$43,830 | +12.7% |
| 2027 | ~$2,511,306 | ~$2,393,966 | ~1.9814% | ~$47,434 | +26.9% |
| 2028 | ~$2,829,327 | ~$2,633,362 | ~1.9488% | ~$51,320 | +43.0% |
| 2029 | ~$3,187,621 | ~$2,896,698 | ~1.9163% | ~$55,509 | +61.1% |
| 2030 | ~$3,591,288 | ~$3,186,368 | ~1.8837% | ~$60,023 | +81.5% |
| 2026 | ~$2,189,461 | ~$2,176,332 | ~2.0465% | ~$44,538 | +10.7% |
| 2027 | ~$2,422,936 | ~$2,393,966 | ~2.0465% | ~$48,992 | +22.5% |
| 2028 | ~$2,681,308 | ~$2,633,362 | ~2.0465% | ~$53,891 | +35.5% |
| 2029 | ~$2,967,231 | ~$2,896,698 | ~2.0465% | ~$59,280 | +50.0% |
| 2030 | ~$3,283,644 | ~$3,186,368 | ~2.0465% | ~$65,209 | +66.0% |
| 2026 | ~$2,268,601 | ~$2,176,332 | ~1.9977% | ~$43,476 | +14.7% |
| 2027 | ~$2,601,259 | ~$2,393,966 | ~1.9488% | ~$46,655 | +31.5% |
| 2028 | ~$2,982,696 | ~$2,633,362 | ~1.9000% | ~$50,034 | +50.8% |
| 2029 | ~$3,420,066 | ~$2,896,698 | ~1.8512% | ~$53,623 | +72.9% |
| 2030 | ~$3,921,570 | ~$3,186,368 | ~1.8024% | ~$57,430 | +98.2% |
In 2025, this property's market value of $1,978,484 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +40% 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 | $1,978,484 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,120,500 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,192,896 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,228,000 | $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.