7503 N LAMAR BLVD TX 78753
| Owner | ATITHI DEVO BHAVA HOLDINGS LLC |
|---|---|
| Parcel ID | 0233100620 |
| Short ID | 235160 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,999 SF |
| Land SF | 11,475 SF |
| Acres | 0.263 |
| Year Built | 1979 |
| Legal | LOT 1 BLK C LESS S5FT NORTHWAY CREST SEC 2 & 10X135 FT ABS 789 SUR 57 WALLACE J P |
| Neighborhood | 20CEN |
| Land | $745,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $745,875 |
| Improvement | $50,373 |
|---|---|
| Total Improvement | $50,373 |
| Market | $796,248 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $796,248 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $796,248 |
| Taxable Value | $796,248 |
|---|
Appreciation: Market value has risen +4.5% from $762,000 (2021) to $796,248 (2025), a CAGR of 1.1% 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 Commercial parcel countywide rose +24.1%, so this parcel has lagged 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 $16,295. 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 94% of market value ($745,875 land vs $50,373 improvements), about $65/SF of land. With value concentrated in the land under a ~47-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 $796,248, this parcel sits in the lower-middle (25th–50th 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 +1.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $841,231 by 2030, with an estimated annual tax burden around $15,847. 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 | 7,030 SF | ✗ |
| 1ST | 1st Floor | 3,999 SF | ✓ |
| 611 | TERRACE | 220 SF | ✗ |
| 501 | CANOPY | 184 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% | $7,366.89 | $7,366.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,172.47 | $4,172.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,992.66 | $2,992.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $939.76 | $939.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $823.32 | $823.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,295.10 | $16,295.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $800,011 | $796,248 | +0.5% |
| Assessed Value | $800,011 | $796,248 | +0.5% |
| Land Value | $745,875 | $745,875 | +0.0% |
| Improvement Value | $54,136 | $50,373 | +7.5% |
| Taxable Value | $800,011 | $796,248 | +0.5% |
| Total Tax 2026 = estimate |
~$16,372
Estimated
|
~$16,295
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $800,011 | $800,011 | +0 (+0.0%) |
| Taxable Value | $800,011 | $800,011 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $800,011 | $745,875 | $54,136 | — | $800,011 | $800,011 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $796,248 | $745,875 | $50,373 | — | $796,248 | $796,248 | ~$16,295 | Partial |
| 2024 | $847,163 | — | — | −$175,875 | $671,288 | $— | $15,271 | Verified |
| 2023 | $822,054 | — | — | −$76,179 | $745,875 | $— | $15,327 | Verified |
| 2022 | $710,200 | — | — | — | $745,875 ! | $— | $16,235 | Verified |
| 2021 | $762,000 | — | — | −$245,625 | $516,375 | $— | $15,459 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | +3.3% | +3.3% | ~100% | Not available | Partial |
| 2024 | -9.0% | -9.0% | ~100% | 1.9800% | Verified |
| 2023 | +3.1% | +3.1% | ~100% | 1.8100% | Verified |
| 2022 | +15.7% | +15.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +1.3% | +1.0% | +15.7% | 2023 | -6.8% | 2022 |
| Assessment Ratio | 100.0% | 90.5% | — | 105.0% | 2022 | 67.8% | 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 |
$16,295 | $15,717 | ~$16,034 | $16,295 | 2025 | $15,271 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$805,048 | ~$805,048 | ~2.0139% | ~$16,213 | +1.1% |
| 2027 | ~$813,945 | ~$813,945 | ~1.9814% | ~$16,127 | +2.2% |
| 2028 | ~$822,940 | ~$822,940 | ~1.9488% | ~$16,038 | +3.4% |
| 2029 | ~$832,035 | ~$832,035 | ~1.9163% | ~$15,944 | +4.5% |
| 2030 | ~$841,231 | ~$841,231 | ~1.8837% | ~$15,847 | +5.6% |
| 2026 | ~$789,123 | ~$789,123 | ~2.0465% | ~$16,149 | -0.9% |
| 2027 | ~$782,062 | ~$782,062 | ~2.0465% | ~$16,005 | -1.8% |
| 2028 | ~$775,063 | ~$775,063 | ~2.0465% | ~$15,862 | -2.7% |
| 2029 | ~$768,128 | ~$768,128 | ~2.0465% | ~$15,720 | -3.5% |
| 2030 | ~$761,254 | ~$761,254 | ~2.0465% | ~$15,579 | -4.4% |
| 2026 | ~$820,973 | ~$820,973 | ~1.9977% | ~$16,400 | +3.1% |
| 2027 | ~$846,465 | ~$846,465 | ~1.9488% | ~$16,496 | +6.3% |
| 2028 | ~$872,750 | ~$872,750 | ~1.9000% | ~$16,582 | +9.6% |
| 2029 | ~$899,850 | ~$899,850 | ~1.8512% | ~$16,658 | +13.0% |
| 2030 | ~$927,792 | ~$927,792 | ~1.8024% | ~$16,722 | +16.5% |
In 2025, this property's market value of $796,248 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -44% below 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 | $796,248 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $847,163 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $822,054 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $710,200 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $762,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.