7300 N LAMAR BLVD AUSTIN, TX 78752
| Owner | BRYANT SPI POWELL LLC ETAL |
|---|---|
| Parcel ID | 0233100218 |
| Short ID | 760828 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 276,772 SF |
| Land SF | 203,817 SF |
| Acres | 4.679 |
| Year Built | 2018 |
| Legal | LOT 5 CRESTVIEW STATION |
| Neighborhood | 08NC1 |
| Land | $14,267,190 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,267,190 |
| Improvement | $72,732,810 |
|---|---|
| Total Improvement | $72,732,810 |
| Market | $87,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $87,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $87,000,000 |
| Taxable Value | $87,000,000 |
|---|
Appreciation: Market value has risen +9.2% from $79,677,444 (2021) to $87,000,000 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. 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 $1,780,442. 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 16% of market value ($14,267,190 land vs $72,732,810 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $87,000,000, 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 +2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $97,106,673 by 2030, with an estimated annual tax burden around $1,829,240. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 276,772 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% | $804,924.00 | $804,924.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $455,894.79 | $455,894.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $326,985.15 | $326,985.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $102,680.01 | $102,680.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $89,958.00 | $89,958.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,780,441.95 | $1,780,441.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $75,000,000 | $87,000,000 | -13.8% |
| Assessed Value | $75,000,000 | $87,000,000 | -13.8% |
| Land Value | $14,267,190 | $14,267,190 | +0.0% |
| Improvement Value | $60,732,810 | $72,732,810 | -16.5% |
| Taxable Value | $75,000,000 | $87,000,000 | -13.8% |
| Total Tax 2026 = estimate |
~$1,534,864
Estimated
|
~$1,780,442
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $83,341,692 | $75,000,000 | -8,341,692 (-10.0%) |
| Taxable Value | $83,341,692 | $75,000,000 | -8,341,692 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $75,000,000 | $14,267,190 | $60,732,810 | — | $75,000,000 | $75,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $87,000,000 | $14,267,190 | $72,732,810 | — | $87,000,000 | $87,000,000 | ~$1,780,442 | Partial |
| 2024 | $93,500,000 | — | — | −$79,232,810 | $14,267,190 | $— | $1,728,696 | Verified |
| 2023 | $93,500,000 | — | — | −$79,232,810 | $14,267,190 | $— | $1,696,931 | Verified |
| 2022 | $73,500,000 | — | — | −$60,251,895 | $13,248,105 | $— | $1,743,361 | Verified |
| 2021 | $79,677,444 | — | — | −$70,505,679 | $9,171,765 | $— | $1,603,517 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | 1.8900% | Verified |
| 2023 | +5.7% | +5.7% | ~100% | 1.7200% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.8% | -0.3% | +5.5% | +27.2% | 2023 | -13.8% | 2026 |
| Assessment Ratio | 100.0% | 43.4% | — | 100.0% | 2025 | 11.5% | 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 |
$1,780,442 | $1,710,589 | ~$1,810,607 | $1,780,442 | 2025 | $1,603,517 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$88,933,466 | ~$88,933,466 | ~2.0139% | ~$1,791,064 | +2.2% |
| 2027 | ~$90,909,900 | ~$90,909,900 | ~1.9814% | ~$1,801,278 | +4.5% |
| 2028 | ~$92,930,259 | ~$92,930,259 | ~1.9488% | ~$1,811,062 | +6.8% |
| 2029 | ~$94,995,517 | ~$94,995,517 | ~1.9163% | ~$1,820,391 | +9.2% |
| 2030 | ~$97,106,673 | ~$97,106,673 | ~1.8837% | ~$1,829,240 | +11.6% |
| 2026 | ~$87,193,466 | ~$87,193,466 | ~2.0465% | ~$1,784,401 | +0.2% |
| 2027 | ~$87,387,362 | ~$87,387,362 | ~2.0465% | ~$1,788,369 | +0.4% |
| 2028 | ~$87,581,689 | ~$87,581,689 | ~2.0465% | ~$1,792,346 | +0.7% |
| 2029 | ~$87,776,448 | ~$87,776,448 | ~2.0465% | ~$1,796,332 | +0.9% |
| 2030 | ~$87,971,641 | ~$87,971,641 | ~2.0465% | ~$1,800,326 | +1.1% |
| 2026 | ~$90,673,466 | ~$90,673,466 | ~1.9977% | ~$1,811,350 | +4.2% |
| 2027 | ~$94,502,039 | ~$94,502,039 | ~1.9488% | ~$1,841,693 | +8.6% |
| 2028 | ~$98,492,269 | ~$98,492,269 | ~1.9000% | ~$1,871,370 | +13.2% |
| 2029 | ~$102,650,981 | ~$102,650,981 | ~1.8512% | ~$1,900,269 | +18.0% |
| 2030 | ~$106,985,290 | ~$106,985,290 | ~1.8024% | ~$1,928,272 | +23.0% |
In 2025, this property's market value of $87,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 167× 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 | $87,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $93,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $93,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $73,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $79,677,444 | $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.