8700 N LAMAR BLVD TX 78758
| Owner | GEAUXNU HOLDINGS LLC |
|---|---|
| Parcel ID | 0238150117 |
| Short ID | 241773 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,260 SF |
| Land SF | 22,283 SF |
| Acres | 0.512 |
| Year Built | 1967 |
| Legal | LOT 1 *RESUB NO 1 BLK 2 JAMESTOWN SEC 4 |
| Neighborhood | 48NOR |
| Land | $557,075 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $557,075 |
| Improvement | $223,744 |
|---|---|
| Total Improvement | $223,744 |
| Market | $780,819 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $780,819 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $780,819 |
| Taxable Value | $780,819 |
|---|
Appreciation: Market value has risen +10.4% from $707,075 (2021) to $780,819 (2025), a CAGR of 2.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $15,979. 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 71% of market value ($557,075 land vs $223,744 improvements), about $25/SF of land. With value concentrated in the land under a ~59-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 $780,819, 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 +2.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $883,907 by 2030, with an estimated annual tax burden around $16,651. 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 | 11,000 SF | ✗ |
| 501 | CANOPY | 2,226 SF | ✗ |
| 1ST | 1st Floor | 1,260 SF | ✓ |
| 327 | STORAGE COMM'L | 476 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% | $7,224.14 | $7,224.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,091.62 | $4,091.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,934.67 | $2,934.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $921.55 | $921.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $807.37 | $807.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,979.35 | $15,979.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $799,968 | $780,819 | +2.5% |
| Assessed Value | $799,968 | $780,819 | +2.5% |
| Land Value | $557,075 | $557,075 | +0.0% |
| Improvement Value | $242,893 | $223,744 | +8.6% |
| Taxable Value | $799,968 | $780,819 | +2.5% |
| Total Tax 2026 = estimate |
~$16,371
Estimated
|
~$15,979
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $842,072 | $799,968 | -42,104 (-5.0%) |
| Taxable Value | $842,072 | $799,968 | -42,104 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $799,968 | $557,075 | $242,893 | — | $799,968 | $799,968 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $780,819 | $557,075 | $223,744 | — | $780,819 | $780,819 | ~$15,979 | Partial |
| 2024 | $798,000 | — | — | −$240,925 | $557,075 | $— | $15,474 | Verified |
| 2023 | $740,959 | — | — | −$183,884 | $557,075 | $— | $14,438 | Verified |
| 2022 | $740,283 | — | — | −$183,208 | $557,075 | $— | $14,633 | Verified |
| 2021 | $707,075 | — | — | −$150,000 | $557,075 | $— | $16,114 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.8% | +7.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -2.2% | -2.2% | ~100% | 1.9800% | Verified |
| 2023 | +7.7% | +7.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.5% | +2.6% | +2.0% | +7.7% | 2024 | -2.2% | 2025 |
| Assessment Ratio | 100.0% | 83.2% | — | 100.0% | 2025 | 69.8% | 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 |
$15,979 | $15,328 | ~$16,389 | $16,114 | 2021 | $14,438 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$800,427 | ~$800,427 | ~2.0139% | ~$16,120 | +2.5% |
| 2027 | ~$820,527 | ~$820,527 | ~1.9814% | ~$16,258 | +5.1% |
| 2028 | ~$841,132 | ~$841,132 | ~1.9488% | ~$16,392 | +7.7% |
| 2029 | ~$862,254 | ~$862,254 | ~1.9163% | ~$16,523 | +10.4% |
| 2030 | ~$883,907 | ~$883,907 | ~1.8837% | ~$16,651 | +13.2% |
| 2026 | ~$784,810 | ~$784,810 | ~2.0465% | ~$16,061 | +0.5% |
| 2027 | ~$788,822 | ~$788,822 | ~2.0465% | ~$16,143 | +1.0% |
| 2028 | ~$792,854 | ~$792,854 | ~2.0465% | ~$16,226 | +1.5% |
| 2029 | ~$796,907 | ~$796,907 | ~2.0465% | ~$16,309 | +2.1% |
| 2030 | ~$800,981 | ~$800,981 | ~2.0465% | ~$16,392 | +2.6% |
| 2026 | ~$816,043 | ~$816,043 | ~1.9977% | ~$16,302 | +4.5% |
| 2027 | ~$852,856 | ~$852,856 | ~1.9488% | ~$16,621 | +9.2% |
| 2028 | ~$891,330 | ~$891,330 | ~1.9000% | ~$16,935 | +14.2% |
| 2029 | ~$931,540 | ~$931,540 | ~1.8512% | ~$17,245 | +19.3% |
| 2030 | ~$973,563 | ~$973,563 | ~1.8024% | ~$17,547 | +24.7% |
In 2025, this property's market value of $780,819 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -45% 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 | $780,819 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $798,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $740,959 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $740,283 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $707,075 | $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.