7125 N LAMAR BLVD TX 78752
| Owner | COFFMAN ANDREA L & TIM GARLAND |
|---|---|
| Parcel ID | 0233100403 |
| Short ID | 235087 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,775 SF |
| Land SF | 26,300 SF |
| Acres | 0.604 |
| Year Built | 1947 |
| Legal | 100X263FT ABS 789 SUR 57 WALLACE J P |
| Neighborhood | 61NOR |
| Land | $2,104,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,104,000 |
| Improvement | $76,604 |
|---|---|
| Total Improvement | $76,604 |
| Market | $2,180,604 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,180,604 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,180,604 |
| Taxable Value | $2,180,604 |
|---|
Appreciation: Market value has risen +79.0% from $1,218,454 (2021) to $2,180,604 (2025), a CAGR of 15.7% 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 $44,626. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 96% of market value ($2,104,000 land vs $76,604 improvements), about $80/SF of land. With value concentrated in the land under a ~79-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 $2,180,604, 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 +15.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,513,738 by 2030, with an estimated annual tax burden around $66,155. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,500 SF | ✗ |
| 1ST | 1st Floor | 4,775 SF | ✓ |
| 327 | STORAGE COMM'L | 1,050 SF | ✓ |
| 881 | COMMCL FINISHOUT | 450 SF | ✓ |
| 541 | FENCE COMM LF | 300 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% | $20,174.95 | $20,174.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,426.74 | $11,426.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,195.69 | $8,195.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,573.61 | $2,573.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,254.74 | $2,254.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $44,625.73 | $44,625.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,264,718 | $2,180,604 | +3.9% |
| Assessed Value | $2,264,718 | $2,180,604 | +3.9% |
| Land Value | $2,104,000 | $2,104,000 | +0.0% |
| Improvement Value | $160,718 | $76,604 | +109.8% |
| Taxable Value | $2,264,718 | $2,180,604 | +3.9% |
| Total Tax 2026 = estimate |
~$46,347
Estimated
|
~$44,626
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,264,718 | $2,264,718 | +0 (+0.0%) |
| Taxable Value | $2,264,718 | $2,264,718 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,264,718 | $2,104,000 | $160,718 | — | $2,264,718 | $2,264,718 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,180,604 | $2,104,000 | $76,604 | — | $2,180,604 | $2,180,604 | ~$44,626 | Partial |
| 2024 | $2,202,336 | — | — | −$98,336 | $2,104,000 | $— | $43,998 | Verified |
| 2023 | $1,931,596 | — | — | — | $2,104,000 ! | $— | $39,846 | Verified |
| 2022 | $1,218,761 | — | — | — | $1,841,000 ! | $— | $38,148 | Verified |
| 2021 | $1,218,454 | — | — | −$34,954 | $1,183,500 | $— | $26,529 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | +0.8% | +0.8% | ~100% | 1.9800% | Verified |
| 2023 | +14.0% | +14.0% | ~100% | 1.8100% | Verified |
| 2022 | +58.5% | +58.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.9% | +15.1% | +14.8% | +58.5% | 2023 | -1.0% | 2025 |
| Assessment Ratio | 100.0% | 108.8% | — | 151.1% | 2022 | 95.5% | 2024 |
| 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 |
$44,626 | $38,629 | ~$56,897 | $44,626 | 2025 | $26,529 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,522,137 | ~$2,398,664 | ~2.0139% | ~$48,308 | +15.7% |
| 2027 | ~$2,917,163 | ~$2,638,531 | ~1.9814% | ~$52,280 | +33.8% |
| 2028 | ~$3,374,058 | ~$2,902,384 | ~1.9488% | ~$56,563 | +54.7% |
| 2029 | ~$3,902,514 | ~$3,192,622 | ~1.9163% | ~$61,180 | +79.0% |
| 2030 | ~$4,513,738 | ~$3,511,885 | ~1.8837% | ~$66,155 | +107.0% |
| 2026 | ~$2,478,525 | ~$2,398,664 | ~2.0465% | ~$49,088 | +13.7% |
| 2027 | ~$2,817,149 | ~$2,638,531 | ~2.0465% | ~$53,997 | +29.2% |
| 2028 | ~$3,202,037 | ~$2,902,384 | ~2.0465% | ~$59,397 | +46.8% |
| 2029 | ~$3,639,510 | ~$3,192,622 | ~2.0465% | ~$65,337 | +66.9% |
| 2030 | ~$4,136,752 | ~$3,511,885 | ~2.0465% | ~$71,870 | +89.7% |
| 2026 | ~$2,565,749 | ~$2,398,664 | ~1.9977% | ~$47,917 | +17.7% |
| 2027 | ~$3,018,920 | ~$2,638,531 | ~1.9488% | ~$51,421 | +38.4% |
| 2028 | ~$3,552,132 | ~$2,902,384 | ~1.9000% | ~$55,146 | +62.9% |
| 2029 | ~$4,179,521 | ~$3,192,622 | ~1.8512% | ~$59,102 | +91.7% |
| 2030 | ~$4,917,721 | ~$3,511,885 | ~1.8024% | ~$63,297 | +125.5% |
In 2025, this property's market value of $2,180,604 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +54% 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 | $2,180,604 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,202,336 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,931,596 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,218,761 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,218,454 | $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.