9207 N LAMAR BLVD AUSTIN, TX 78753
| Owner | BOBADILLA OMAR |
|---|---|
| Parcel ID | 0241160402 |
| Short ID | 246674 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,043 SF |
| Land SF | 24,097 SF |
| Acres | 0.553 |
| Year Built | 1975 |
| Legal | 0.5532AC OF LOT 9A *RESUB OF LOTS 6-9 NORTH LAMAR PARK ANNEX |
| Neighborhood | 32NOR |
| Land | $481,948 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $481,948 |
| Improvement | $698,184 |
|---|---|
| Total Improvement | $698,184 |
| Market | $1,180,132 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,180,132 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,180,132 |
| Taxable Value | $1,180,132 |
|---|
Appreciation: Market value has fallen -3.5% from $1,223,564 (2021) to $1,180,132 (2025), a CAGR of -0.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $24,151. 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 41% of market value ($481,948 land vs $698,184 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~51 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,180,132, 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 -0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,128,004 by 2030, with an estimated annual tax burden around $21,249. 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 | 21,470 SF | ✗ |
| 1ST | 1st Floor | 3,043 SF | ✓ |
| 611 | TERRACE | 738 SF | ✗ |
| 541 | FENCE COMM LF | 40 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% | $10,547.28 | $10,547.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,973.79 | $5,973.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,284.63 | $4,284.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,345.46 | $1,345.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,178.76 | $1,178.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,329.92 | $23,329.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,179,565 | $1,180,132 | -0.0% |
| Assessed Value | $1,179,565 | $1,180,132 | -0.0% |
| Land Value | $481,948 | $481,948 | +0.0% |
| Improvement Value | $697,617 | $698,184 | -0.1% |
| Taxable Value | $1,179,565 | $1,180,132 | -0.0% |
| Total Tax 2026 = estimate |
~$24,140
Estimated
|
~$23,330
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,179,565 | $1,179,565 | +0 (+0.0%) |
| Taxable Value | $1,179,565 | $1,179,565 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,179,565 | $481,948 | $697,617 | — | $1,179,565 | $1,179,565 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,180,132 | $481,948 | $698,184 | — | $1,180,132 | $1,180,132 | ~$23,330 | Partial |
| 2024 | $1,100,000 | — | — | −$618,052 | $481,948 | $— | $22,623 | Verified |
| 2023 | $1,040,000 | — | — | −$558,052 | $481,948 | $— | $19,046 | Verified |
| 2022 | $1,073,948 | — | — | −$592,000 | $481,948 | $— | $20,539 | Verified |
| 2021 | $1,223,564 | — | — | −$741,616 | $481,948 | $— | $21,844 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | +6.4% | +6.4% | ~100% | 1.9300% | Verified |
| 2023 | +3.0% | +3.0% | ~100% | 1.7300% | Verified |
| 2022 | -0.6% | -0.6% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 1.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +-0.0% | -0.5% | -0.9% | +7.3% | 2025 | -12.2% | 2022 |
| Assessment Ratio | 100.0% | 62.4% | — | 100.0% | 2025 | 39.4% | 2021 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,330 | $21,477 | ~$22,392 | $23,330 | 2025 | $19,046 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,169,517 | ~$1,169,517 | ~2.0139% | ~$23,553 | -0.9% |
| 2027 | ~$1,158,998 | ~$1,158,998 | ~1.9814% | ~$22,964 | -1.8% |
| 2028 | ~$1,148,573 | ~$1,148,573 | ~1.9488% | ~$22,384 | -2.7% |
| 2029 | ~$1,138,242 | ~$1,138,242 | ~1.9163% | ~$21,812 | -3.5% |
| 2030 | ~$1,128,004 | ~$1,128,004 | ~1.8837% | ~$21,249 | -4.4% |
| 2026 | ~$1,145,914 | ~$1,145,914 | ~2.0465% | ~$23,451 | -2.9% |
| 2027 | ~$1,112,689 | ~$1,112,689 | ~2.0465% | ~$22,771 | -5.7% |
| 2028 | ~$1,080,427 | ~$1,080,427 | ~2.0465% | ~$22,111 | -8.4% |
| 2029 | ~$1,049,100 | ~$1,049,100 | ~2.0465% | ~$21,470 | -11.1% |
| 2030 | ~$1,018,682 | ~$1,018,682 | ~2.0465% | ~$20,847 | -13.7% |
| 2026 | ~$1,193,120 | ~$1,193,120 | ~1.9977% | ~$23,835 | +1.1% |
| 2027 | ~$1,206,250 | ~$1,206,250 | ~1.9488% | ~$23,508 | +2.2% |
| 2028 | ~$1,219,525 | ~$1,219,525 | ~1.9000% | ~$23,171 | +3.3% |
| 2029 | ~$1,232,947 | ~$1,232,947 | ~1.8512% | ~$22,824 | +4.5% |
| 2030 | ~$1,246,516 | ~$1,246,516 | ~1.8024% | ~$22,467 | +5.6% |
In 2025, this property's market value of $1,180,132 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -17% 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 | $1,180,132 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,040,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,073,948 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,223,564 | $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.