7535 N LAMAR BLVD TX 78752
| Owner | HMO REAL ESTATE 30 LLC |
|---|---|
| Parcel ID | 0234111114 |
| Short ID | 236477 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,160 SF |
| Land SF | 15,011 SF |
| Acres | 0.345 |
| Year Built | 1971 |
| Legal | LOT A-4-1 *RESUB OF LT 4-A OF RESUB OF A-1 OF RESUB OF LT A TEMPO NORTH |
| Neighborhood | 83CEN |
| Land | $975,715 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $975,715 |
| Improvement | $244,285 |
|---|---|
| Total Improvement | $244,285 |
| Market | $1,220,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,220,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,220,000 |
| Taxable Value | $1,220,000 |
|---|
Appreciation: Market value has risen +64.2% from $742,996 (2021) to $1,220,000 (2025), a CAGR of 13.2% 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 $24,967. 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 80% of market value ($975,715 land vs $244,285 improvements), about $65/SF of land. With value concentrated in the land under a ~55-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 $1,220,000, 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 +13.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,267,653 by 2030, with an estimated annual tax burden around $37,012. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,613 SF | ✗ |
| 1ST | 1st Floor | 5,160 SF | ✓ |
| 501 | CANOPY | 210 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% | $11,287.44 | $11,287.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,393.01 | $6,393.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,585.31 | $4,585.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,439.88 | $1,439.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,261.48 | $1,261.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,967.12 | $24,967.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,337,434 | $1,220,000 | +9.6% |
| Assessed Value | $1,337,434 | $1,220,000 | +9.6% |
| Land Value | $975,715 | $975,715 | +0.0% |
| Improvement Value | $361,719 | $244,285 | +48.1% |
| Taxable Value | $1,337,434 | $1,220,000 | +9.6% |
| Total Tax 2026 = estimate |
~$27,370
Estimated
|
~$24,967
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,469,708 | $1,337,434 | -132,274 (-9.0%) |
| Taxable Value | $1,464,000 | $1,337,434 | -126,566 (-8.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,337,434 | $975,715 | $361,719 | — | $1,337,434 | $1,337,434 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,220,000 | $975,715 | $244,285 | — | $1,220,000 | $1,220,000 | ~$24,967 | Partial |
| 2024 | $1,299,319 | — | — | −$323,604 | $975,715 | $— | $23,782 | Verified |
| 2023 | $1,100,000 | — | — | −$124,285 | $975,715 | $— | $23,508 | Verified |
| 2022 | $803,574 | — | — | — | $975,715 ! | $— | $21,724 | Verified |
| 2021 | $742,996 | — | — | −$67,501 | $675,495 | $— | $17,491 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.5% | +20.0% | ~100% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -11.1% | -11.1% | ~100% | 1.9800% | Verified |
| 2023 | +22.8% | +22.8% | ~100% | 1.7400% | Verified |
| 2022 | +29.9% | +29.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.6% | +13.3% | +11.2% | +36.9% | 2023 | -6.1% | 2025 |
| Assessment Ratio | 100.0% | 96.0% | — | 121.4% | 2022 | 75.1% | 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 |
$24,967 | $22,294 | ~$31,833 | $24,967 | 2025 | $17,491 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,381,030 | ~$1,342,000 | ~2.0139% | ~$27,027 | +13.2% |
| 2027 | ~$1,563,315 | ~$1,476,200 | ~1.9814% | ~$29,249 | +28.1% |
| 2028 | ~$1,769,660 | ~$1,623,820 | ~1.9488% | ~$31,646 | +45.1% |
| 2029 | ~$2,003,241 | ~$1,786,202 | ~1.9163% | ~$34,229 | +64.2% |
| 2030 | ~$2,267,653 | ~$1,964,822 | ~1.8837% | ~$37,012 | +85.9% |
| 2026 | ~$1,356,630 | ~$1,342,000 | ~2.0465% | ~$27,464 | +11.2% |
| 2027 | ~$1,508,562 | ~$1,476,200 | ~2.0465% | ~$30,210 | +23.7% |
| 2028 | ~$1,677,509 | ~$1,623,820 | ~2.0465% | ~$33,231 | +37.5% |
| 2029 | ~$1,865,376 | ~$1,786,202 | ~2.0465% | ~$36,554 | +52.9% |
| 2030 | ~$2,074,283 | ~$1,964,822 | ~2.0465% | ~$40,210 | +70.0% |
| 2026 | ~$1,405,430 | ~$1,342,000 | ~1.9977% | ~$26,809 | +15.2% |
| 2027 | ~$1,619,044 | ~$1,476,200 | ~1.9488% | ~$28,769 | +32.7% |
| 2028 | ~$1,865,126 | ~$1,623,820 | ~1.9000% | ~$30,853 | +52.9% |
| 2029 | ~$2,148,610 | ~$1,786,202 | ~1.8512% | ~$33,066 | +76.1% |
| 2030 | ~$2,475,182 | ~$1,964,822 | ~1.8024% | ~$35,413 | +102.9% |
In 2025, this property's market value of $1,220,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -14% 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 | $1,220,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,299,319 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,100,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $803,574 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $742,996 | $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.