7200 N LAMAR BLVD TX 78752
| Owner | HOUSING AUTHORITY OF THE |
|---|---|
| Parcel ID | 0233100219 |
| Short ID | 760829 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 237,603 SF |
| Land SF | 364,795 SF |
| Acres | 8.375 |
| Year Built | 2008 |
| Legal | LOT 3 CRESTVIEW STATION & LOT 1A CRESTVIEW STATION RESUB OF LOT 1 |
| Neighborhood | 08NC1 |
| Land | $25,535,656 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $25,535,656 |
| Improvement | $45,626,443 |
|---|---|
| Total Improvement | $45,626,443 |
| Market | $71,162,099 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $71,162,099 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $71,162,099 |
| Exemptions (−) | −$60,439,043 |
|---|---|
| Taxable Value | $10,723,056 |
Appreciation: Market value has risen +755.6% from $8,317,129 (2021) to $71,162,099 (2025), a CAGR of 71.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 outpaced 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 $219,446. 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 36% of market value ($25,535,656 land vs $45,626,443 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $71,162,099, 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 +71.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,041,340,812 by 2030, with an estimated annual tax burden around $19,616,179. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 157,494 SF | ✓ |
| 1ST | 1st Floor | 79,486 SF | ✓ |
| 2ND | 2nd Floor | 79,486 SF | ✓ |
| 3RD | 3rd Floor | 78,631 SF | ✓ |
| MISC | Miscellaneous | 3,606 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
Market value changed by 80% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $99,209.71 | $99,209.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $56,190.64 | $56,190.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $40,302.07 | $40,302.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,655.67 | $12,655.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,087.64 | $11,087.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $219,445.73 | $219,445.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $127,979,961 | $71,162,099 | +79.8% |
| Assessed Value | $127,979,961 | $71,162,099 | +79.8% |
| Land Value | $37,566,480 | $25,535,656 | +47.1% |
| Improvement Value | $90,413,481 | $45,626,443 | +98.2% |
| Taxable Value | — | $10,723,056 | — |
| Exemptions | — | F | |
| Total Tax | Pending certification |
~$219,446
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $127,979,961 | $127,979,961 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $127,979,961 | $37,566,480 | $90,413,481 | — | $127,979,961 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $71,162,099 | $25,535,656 | $45,626,443 | — | $71,162,099 | $10,723,056 | ~$219,446 | Partial |
| 2024 | $70,000,000 | — | — | −$57,061,083 | $12,938,917 | $— | $1,406,295 | Verified |
| 2023 | $66,900,000 | — | — | −$53,961,083 | $12,938,917 | $— | $1,270,615 | Verified |
| 2022 | $52,730,000 | — | — | −$40,715,291 | $12,014,709 | $— | $1,321,223 | Verified |
| 2021 | $8,317,129 | — | — | — | $8,317,129 | $— | $1,147,763 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +79.8% ! | +79.8% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | -4.4% | -4.4% | ~100% | 1.9800% | Verified |
| 2023 | +10.9% | +10.9% | ~100% | 1.7100% | Verified |
| 2022 | +26.9% | +26.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 13.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +79.8% | +129.4% | +55.8% | +534.0% | 2022 | +1.7% | 2025 |
| Assessment Ratio | 100.0% | 60.1% | — | 100.0% | 2021 | 18.5% | 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 |
$219,446 | $1,073,068 | ~$8,959,461 | $1,406,295 | 2024 | $219,446 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$121,707,566 | ~$121,707,566 | ~2.0139% | ~$2,451,113 | +71.0% |
| 2027 | ~$208,154,788 | ~$208,154,788 | ~1.9814% | ~$4,124,354 | +192.5% |
| 2028 | ~$356,004,292 | ~$356,004,292 | ~1.9488% | ~$6,937,952 | +400.3% |
| 2029 | ~$608,869,279 | ~$608,869,279 | ~1.9163% | ~$11,667,707 | +755.6% |
| 2030 | ~$1,041,340,812 | ~$1,041,340,812 | ~1.8837% | ~$19,616,179 | +1363.3% |
| 2026 | ~$120,284,324 | ~$120,284,324 | ~2.0465% | ~$2,461,601 | +69.0% |
| 2027 | ~$203,314,950 | ~$203,314,950 | ~2.0465% | ~$4,160,810 | +185.7% |
| 2028 | ~$343,660,484 | ~$343,660,484 | ~2.0465% | ~$7,032,960 | +382.9% |
| 2029 | ~$580,884,623 | ~$580,884,623 | ~2.0465% | ~$11,887,717 | +716.3% |
| 2030 | ~$981,861,346 | ~$981,861,346 | ~2.0465% | ~$20,093,645 | +1279.8% |
| 2026 | ~$123,130,808 | ~$123,130,808 | ~1.9977% | ~$2,459,738 | +73.0% |
| 2027 | ~$213,051,556 | ~$213,051,556 | ~1.9488% | ~$4,152,033 | +199.4% |
| 2028 | ~$368,640,197 | ~$368,640,197 | ~1.9000% | ~$7,004,225 | +418.0% |
| 2029 | ~$637,853,099 | ~$637,853,099 | ~1.8512% | ~$11,807,898 | +796.3% |
| 2030 | ~$1,103,668,507 | ~$1,103,668,507 | ~1.8024% | ~$19,892,204 | +1450.9% |
In 2025, this property's market value of $71,162,099 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 137× 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 | $71,162,099 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $70,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $66,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $52,730,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $8,317,129 | $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.