7701 N LAMAR BLVD 500 TX 78752
| Owner | 3305 PARTNERS AT STECK LLC & |
|---|---|
| Parcel ID | 0234111411 |
| Short ID | 739786 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 10,912 SF |
| Land SF | 13,500 SF |
| Acres | 0.310 |
| Year Built | 1972 |
| Legal | UNT 500 BLD WEST LAMAR TOWERS CONDOMINIUMS PLUS 10.0 % INT IN COM AREA |
| Neighborhood | 52NOR |
| Land | $404,985 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $404,985 |
| Improvement | $343,995 |
|---|---|
| Total Improvement | $343,995 |
| Market | $748,980 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $748,980 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $748,980 |
| Taxable Value | $748,980 |
|---|
Appreciation: Market value has fallen -42.8% from $1,309,200 (2021) to $748,980 (2025), a CAGR of -13.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $15,328. 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 54% of market value ($404,985 land vs $343,995 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $748,980, 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 -13.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $372,649 by 2030, with an estimated annual tax burden around $7,020. 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 | 10,912 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% | $6,929.56 | $6,929.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,924.78 | $3,924.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,815.00 | $2,815.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $883.97 | $883.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $774.45 | $774.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,327.76 | $15,327.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,098,079 | $748,980 | +46.6% |
| Assessed Value | $898,776 | $748,980 | +20.0% |
| Land Value | $404,985 | $404,985 | +0.0% |
| Improvement Value | $693,094 | $343,995 | +101.5% |
| Taxable Value | $898,776 | $748,980 | +20.0% |
| HS Cap Loss | -$199,303 | — | |
| Total Tax 2026 = estimate |
~$18,393
Estimated
|
~$15,328
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,098,079 | $1,098,079 | +0 (+0.0%) |
| Taxable Value | $898,776 | $898,776 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,098,079 | $404,985 | $693,094 | −$199,303 | $898,776 | $898,776 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $748,980 | $404,985 | $343,995 | — | $748,980 | $748,980 | ~$15,328 | Partial |
| 2024 | $1,269,655 | — | — | −$864,670 | $404,985 | $— | $23,023 | Verified |
| 2023 | $1,279,743 | — | — | −$874,758 | $404,985 | $— | $22,971 | Verified |
| 2022 | $1,000,000 | — | — | −$595,015 | $404,985 | $— | $25,274 | Verified |
| 2021 | $1,309,200 | — | — | −$904,215 | $404,985 | $— | $21,767 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +46.6% | +20.0% | 81.8% | Not available | Partial |
| 2025 | -35.5% | -35.5% | ~100% | Not available | Partial |
| 2024 | -8.5% | -8.5% | ~100% | 1.9800% | Verified |
| 2023 | -0.8% | -0.8% | ~100% | 1.8100% | Verified |
| 2022 | +28.0% | +28.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +46.6% | +1.8% | -18.6% | +46.6% | 2026 | -41.0% | 2025 |
| Assessment Ratio | 81.8% | 52.8% | — | 100.0% | 2025 | 30.9% | 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 |
$15,328 | $21,673 | ~$9,835 | $25,274 | 2022 | $15,328 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$651,383 | ~$651,383 | ~2.0139% | ~$13,118 | -13.0% |
| 2027 | ~$566,503 | ~$566,503 | ~1.9814% | ~$11,225 | -24.4% |
| 2028 | ~$492,684 | ~$492,684 | ~1.9488% | ~$9,602 | -34.2% |
| 2029 | ~$428,484 | ~$428,484 | ~1.9163% | ~$8,211 | -42.8% |
| 2030 | ~$372,649 | ~$372,649 | ~1.8837% | ~$7,020 | -50.2% |
| 2026 | ~$711,531 | ~$711,531 | ~2.0465% | ~$14,561 | -5.0% |
| 2027 | ~$675,954 | ~$675,954 | ~2.0465% | ~$13,833 | -9.8% |
| 2028 | ~$642,157 | ~$642,157 | ~2.0465% | ~$13,142 | -14.3% |
| 2029 | ~$610,049 | ~$610,049 | ~2.0465% | ~$12,485 | -18.5% |
| 2030 | ~$579,546 | ~$579,546 | ~2.0465% | ~$11,860 | -22.6% |
| 2026 | ~$666,362 | ~$666,362 | ~1.9977% | ~$13,312 | -11.0% |
| 2027 | ~$592,858 | ~$592,858 | ~1.9488% | ~$11,554 | -20.8% |
| 2028 | ~$527,462 | ~$527,462 | ~1.9000% | ~$10,022 | -29.6% |
| 2029 | ~$469,279 | ~$469,279 | ~1.8512% | ~$8,687 | -37.3% |
| 2030 | ~$417,514 | ~$417,514 | ~1.8024% | ~$7,525 | -44.3% |
In 2025, this property's market value of $748,980 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -47% 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 | $748,980 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,269,655 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,279,743 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,309,200 | $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.