8525 N LAMAR BLVD TX 78753
| Owner | STORAGE EQUITIES/PS PRTNS III |
|---|---|
| Parcel ID | 0237140322 |
| Short ID | 240428 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 62,360 SF |
| Land SF | 132,564 SF |
| Acres | 3.043 |
| Year Built | 1981 |
| Legal | LOT 8 LAMAR PLAZA SEC NO 1 |
| Neighborhood | 63NOR |
| Land | $3,314,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,314,100 |
| Improvement | $4,338,081 |
|---|---|
| Total Improvement | $4,338,081 |
| Market | $7,652,181 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,652,181 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,652,181 |
| Taxable Value | $7,652,181 |
|---|
Appreciation: Market value has risen +43.1% from $5,346,679 (2021) to $7,652,181 (2025), a CAGR of 9.4% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $156,601. 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 43% of market value ($3,314,100 land vs $4,338,081 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,652,181, this parcel sits in the top quartile (≥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 +9.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,978,754 by 2030, with an estimated annual tax burden around $225,649. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 62,360 SF | ✓ |
| 551 | PAVED AREA | 54,444 SF | ✗ |
| 541 | FENCE COMM LF | 1,492 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,380 SF | ✓ |
| 482 | LIGHT POLES | 11 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% | $70,797.98 | $70,797.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $40,098.73 | $40,098.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $28,760.34 | $28,760.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,031.33 | $9,031.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,912.36 | $7,912.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $156,600.74 | $156,600.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,579,000 | $7,652,181 | -1.0% |
| Assessed Value | $7,579,000 | $7,652,181 | -1.0% |
| Land Value | $3,314,100 | $3,314,100 | +0.0% |
| Improvement Value | $4,264,900 | $4,338,081 | -1.7% |
| Taxable Value | $7,579,000 | $7,652,181 | -1.0% |
| Total Tax 2026 = estimate |
~$155,103
Estimated
|
~$156,601
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,579,000 | $7,579,000 | +0 (+0.0%) |
| Taxable Value | $7,579,000 | $7,579,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,579,000 | $3,314,100 | $4,264,900 | — | $7,579,000 | $7,579,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,652,181 | $3,314,100 | $4,338,081 | — | $7,652,181 | $7,652,181 | ~$156,601 | Partial |
| 2024 | $4,700,000 | — | — | −$1,385,900 | $3,314,100 | $— | $142,902 | Verified |
| 2023 | $5,018,057 | — | — | −$1,703,957 | $3,314,100 | $— | $85,677 | Verified |
| 2022 | $4,288,565 | — | — | −$974,465 | $3,314,100 | $— | $87,507 | Verified |
| 2021 | $5,346,679 | — | — | −$2,032,579 | $3,314,100 | $— | $92,549 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2025 | -0.9% | -0.9% | ~100% | Not available | Partial |
| 2024 | +44.3% | +44.3% | ~100% | 1.8500% | Verified |
| 2023 | +6.6% | +6.6% | ~100% | 1.6000% | Verified |
| 2022 | +17.0% | +17.0% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.0% | +10.5% | +9.6% | +62.8% | 2025 | -19.8% | 2022 |
| Assessment Ratio | 100.0% | 79.3% | — | 100.0% | 2025 | 62.0% | 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 |
$156,601 | $113,047 | ~$196,120 | $156,601 | 2025 | $85,677 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,369,712 | ~$8,369,712 | ~2.0139% | ~$168,561 | +9.4% |
| 2027 | ~$9,154,525 | ~$9,154,525 | ~1.9814% | ~$181,387 | +19.6% |
| 2028 | ~$10,012,928 | ~$10,012,928 | ~1.9488% | ~$195,136 | +30.9% |
| 2029 | ~$10,951,822 | ~$10,951,822 | ~1.9163% | ~$209,869 | +43.1% |
| 2030 | ~$11,978,754 | ~$11,978,754 | ~1.8837% | ~$225,649 | +56.5% |
| 2026 | ~$8,216,668 | ~$8,216,668 | ~2.0465% | ~$168,153 | +7.4% |
| 2027 | ~$8,822,797 | ~$8,822,797 | ~2.0465% | ~$180,557 | +15.3% |
| 2028 | ~$9,473,639 | ~$9,473,639 | ~2.0465% | ~$193,877 | +23.8% |
| 2029 | ~$10,172,492 | ~$10,172,492 | ~2.0465% | ~$208,179 | +32.9% |
| 2030 | ~$10,922,898 | ~$10,922,898 | ~2.0465% | ~$223,535 | +42.7% |
| 2026 | ~$8,522,756 | ~$8,417,399 | ~1.9977% | ~$168,151 | +11.4% |
| 2027 | ~$9,492,374 | ~$9,259,139 | ~1.9488% | ~$180,446 | +24.0% |
| 2028 | ~$10,572,304 | ~$10,185,053 | ~1.9000% | ~$193,518 | +38.2% |
| 2029 | ~$11,775,096 | ~$11,203,558 | ~1.8512% | ~$207,400 | +53.9% |
| 2030 | ~$13,114,727 | ~$12,323,914 | ~1.8024% | ~$222,123 | +71.4% |
In 2025, this property's market value of $7,652,181 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,652,181 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,018,057 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,288,565 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,346,679 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.