7200 N LAMAR BLVD TX 78752
| Owner | HOUSING AUTHORITY OF THE |
|---|---|
| Parcel ID | 0233090903 |
| Short ID | 760837 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 150,000 SF |
| Land SF | 171,869 SF |
| Acres | 3.946 |
| Year Built | 2013 |
| Legal | 3.9456 AC OF LOT 2 CRESTVIEW STATION |
| Neighborhood | 08NC1 |
| Land | $7,734,105 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,734,105 |
| Improvement | $52,158,456 |
|---|---|
| Total Improvement | $52,158,456 |
| Market | $59,892,561 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $59,892,561 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $59,892,561 |
| Exemptions (−) | −$50,867,655 |
|---|---|
| Taxable Value | $9,024,906 |
Appreciation: Market value has risen +35.2% from $44,310,000 (2021) to $59,892,561 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $184,693. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 13% of market value ($7,734,105 land vs $52,158,456 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $59,892,561, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $87,289,459 by 2030, with an estimated annual tax burden around $1,644,309. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 92,720 SF | ✓ |
| 1ST | 1st Floor | 50,000 SF | ✓ |
| 2ND | 2nd Floor | 50,000 SF | ✓ |
| 3RD | 3rd Floor | 50,000 SF | ✓ |
| 4TH | 4th Floor | 39,263 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $83,498.43 | $83,498.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,292.04 | $47,292.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,919.66 | $33,919.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,651.46 | $10,651.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,331.75 | $9,331.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $184,693.34 | $184,693.34 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $59,892,561 | — |
| Assessed Value | — | $59,892,561 | — |
| Land Value | — | $7,734,105 | — |
| Improvement Value | — | $52,158,456 | — |
| Taxable Value | — | $9,024,906 | — |
| Exemptions | — | F | |
| Total Tax | Pending certification |
~$184,693
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $59,892,561 | $7,734,105 | $52,158,456 | — | $59,892,561 | $9,024,906 | ~$184,693 | Partial |
| 2024 | $56,000,000 | — | — | −$48,265,895 | $7,734,105 | $— | $1,189,088 | Verified |
| 2023 | $53,900,000 | — | — | −$46,165,895 | $7,734,105 | $— | $1,016,669 | Verified |
| 2022 | $43,830,000 | — | — | −$36,095,895 | $7,734,105 | $— | $1,064,484 | Verified |
| 2021 | $44,310,000 | — | — | −$36,575,895 | $7,734,105 | $— | $954,038 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2024 | +0.8% | +0.8% | ~100% | 1.9800% | Verified |
| 2023 | +10.5% | +10.5% | ~100% | 1.7100% | Verified |
| 2022 | +23.0% | +23.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.0% | +8.2% | +7.8% | +23.0% | 2023 | -1.1% | 2022 |
| Assessment Ratio | 100.0% | 32.6% | — | 100.0% | 2025 | 13.8% | 2024 |
| Effective Tax Rate (2025) | 0.3100% | 0.3100% | — | 0.3100% | 2025 | 0.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$184,693 | $881,794 | ~$1,467,819 | $1,189,088 | 2024 | $184,693 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$64,578,904 | ~$64,578,904 | ~2.0139% | ~$1,300,578 | +7.8% |
| 2027 | ~$69,631,933 | ~$69,631,933 | ~1.9814% | ~$1,379,679 | +16.3% |
| 2028 | ~$75,080,341 | ~$75,080,341 | ~1.9488% | ~$1,463,195 | +25.4% |
| 2029 | ~$80,955,063 | ~$80,955,063 | ~1.9163% | ~$1,551,335 | +35.2% |
| 2030 | ~$87,289,459 | ~$87,289,459 | ~1.8837% | ~$1,644,309 | +45.7% |
| 2026 | ~$63,381,052 | ~$63,381,052 | ~2.0465% | ~$1,297,084 | +5.8% |
| 2027 | ~$67,072,734 | ~$67,072,734 | ~2.0465% | ~$1,372,633 | +12.0% |
| 2028 | ~$70,979,440 | ~$70,979,440 | ~2.0465% | ~$1,452,584 | +18.5% |
| 2029 | ~$75,113,696 | ~$75,113,696 | ~2.0465% | ~$1,537,191 | +25.4% |
| 2030 | ~$79,488,755 | ~$79,488,755 | ~2.0465% | ~$1,626,725 | +32.7% |
| 2026 | ~$65,776,755 | ~$65,776,755 | ~1.9977% | ~$1,313,997 | +9.8% |
| 2027 | ~$72,239,046 | ~$72,239,046 | ~1.9488% | ~$1,407,823 | +20.6% |
| 2028 | ~$79,336,230 | ~$79,336,230 | ~1.9000% | ~$1,507,402 | +32.5% |
| 2029 | ~$87,130,683 | ~$87,130,683 | ~1.8512% | ~$1,612,958 | +45.5% |
| 2030 | ~$95,690,909 | ~$95,690,909 | ~1.8024% | ~$1,724,705 | +59.8% |
In 2025, this property's market value of $59,892,561 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 115× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $59,892,561 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $56,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $53,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $43,830,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $44,310,000 | $300,453 | $376,850 | $539,896 | ↑ 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.