6901 N LAMAR BLVD TX
| Owner | NASSOUR JIMMY & PARKVIEW PARTNERS LTD & |
|---|---|
| Parcel ID | 0231090618 |
| Short ID | 232242 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 12,992 SF |
| Land SF | 47,025 SF |
| Acres | 1.080 |
| Year Built | 1966 |
| Legal | LOT 11A *RESUB LOTS 6-14 BLK E PLAZA PLACE |
| Neighborhood | 52NOR |
| Land | $3,762,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,762,000 |
| Improvement | $88,000 |
|---|---|
| Total Improvement | $88,000 |
| Market | $3,850,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,850,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,850,000 |
| Taxable Value | $3,850,000 |
|---|
Appreciation: Market value has risen +75.8% from $2,189,377 (2021) to $3,850,000 (2025), a CAGR of 15.2% 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 $78,790. 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 98% of market value ($3,762,000 land vs $88,000 improvements), about $80/SF of land. With value concentrated in the land under a ~60-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 $3,850,000, 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 +15.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,796,254 by 2030, with an estimated annual tax burden around $116,801. 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 | 23,142 SF | ✗ |
| 1ST | 1st Floor | 12,992 SF | ✓ |
| 501 | CANOPY | 896 SF | ✗ |
| SO | Sketch Only | 576 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% | $35,620.20 | $35,620.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,174.65 | $20,174.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,470.03 | $14,470.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,543.89 | $4,543.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,980.90 | $3,980.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $78,789.67 | $78,789.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,977,225 | $3,850,000 | +3.3% |
| Assessed Value | $3,977,225 | $3,850,000 | +3.3% |
| Land Value | $3,762,000 | $3,762,000 | +0.0% |
| Improvement Value | $215,225 | $88,000 | +144.6% |
| Taxable Value | $3,977,225 | $3,850,000 | +3.3% |
| Total Tax 2026 = estimate |
~$81,393
Estimated
|
~$78,790
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,977,225 | $3,977,225 | +0 (+0.0%) |
| Taxable Value | $3,977,225 | $3,977,225 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,977,225 | $3,762,000 | $215,225 | — | $3,977,225 | $3,977,225 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,850,000 | $3,762,000 | $88,000 | — | $3,850,000 | $3,850,000 | ~$78,790 | Partial |
| 2024 | $3,750,000 | — | — | — | $3,762,000 ! | $— | $78,479 | Verified |
| 2023 | $2,189,377 | — | — | — | $3,750,000 ! | $— | $67,847 | Verified |
| 2022 | $— | — | — | — | $2,116,125 | $— | $43,239 | Verified |
| 2021 | $2,189,377 | — | — | −$73,252 | $2,116,125 | $— | $47,656 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.3% | +3.3% | ~100% | Not available | Partial |
| 2025 | -2.8% | -2.8% | ~100% | Not available | Partial |
| 2024 | +5.6% | +5.6% | ~100% | 1.9800% | Verified |
| 2023 | +71.3% | +71.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +75.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.3% | +19.3% | +14.4% | +71.3% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 113.7% | — | 171.3% | 2023 | 96.7% | 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 |
$78,790 | $68,193 | ~$100,455 | $78,790 | 2025 | $47,656 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,433,490 | ~$4,235,000 | ~2.0139% | ~$85,290 | +15.2% |
| 2027 | ~$5,105,412 | ~$4,658,500 | ~1.9814% | ~$92,303 | +32.6% |
| 2028 | ~$5,879,168 | ~$5,124,350 | ~1.9488% | ~$99,865 | +52.7% |
| 2029 | ~$6,770,191 | ~$5,636,785 | ~1.9163% | ~$108,017 | +75.8% |
| 2030 | ~$7,796,254 | ~$6,200,464 | ~1.8837% | ~$116,801 | +102.5% |
| 2026 | ~$4,356,490 | ~$4,235,000 | ~2.0465% | ~$86,669 | +13.2% |
| 2027 | ~$4,929,613 | ~$4,658,500 | ~2.0465% | ~$95,336 | +28.0% |
| 2028 | ~$5,578,133 | ~$5,124,350 | ~2.0465% | ~$104,869 | +44.9% |
| 2029 | ~$6,311,969 | ~$5,636,785 | ~2.0465% | ~$115,356 | +63.9% |
| 2030 | ~$7,142,346 | ~$6,200,464 | ~2.0465% | ~$126,892 | +85.5% |
| 2026 | ~$4,510,490 | ~$4,235,000 | ~1.9977% | ~$84,601 | +17.2% |
| 2027 | ~$5,284,292 | ~$4,658,500 | ~1.9488% | ~$90,787 | +37.3% |
| 2028 | ~$6,190,844 | ~$5,124,350 | ~1.9000% | ~$97,364 | +60.8% |
| 2029 | ~$7,252,920 | ~$5,636,785 | ~1.8512% | ~$104,348 | +88.4% |
| 2030 | ~$8,497,201 | ~$6,200,464 | ~1.8024% | ~$111,755 | +120.7% |
In 2025, this property's market value of $3,850,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +172% 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 | $3,850,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,750,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,189,377 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $2,189,377 | $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.