10631 N LAMAR BLVD TX
| Owner | LABAJ KANTON |
|---|---|
| Parcel ID | 0245180306 |
| Short ID | 252251 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 6,000 SF |
| Land SF | 48,464 SF |
| Acres | 1.113 |
| Year Built | 1978 |
| Legal | LOT 1-6 *LESS N5FT BLK G MOCKINGBIRD HILL SEC 1 |
| Neighborhood | 83NOR |
| Land | $969,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $969,280 |
| Improvement | $328,130 |
|---|---|
| Total Improvement | $328,130 |
| Market | $1,297,410 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,297,410 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,297,410 |
| Taxable Value | $1,297,410 |
|---|
Appreciation: Market value has risen +11.9% from $1,159,467 (2021) to $1,297,410 (2025), a CAGR of 2.9% 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 $26,551. 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 75% of market value ($969,280 land vs $328,130 improvements), about $20/SF of land. With value concentrated in the land under a ~48-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 $1,297,410, 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 +2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,493,141 by 2030, with an estimated annual tax burden around $28,127. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,600 SF | ✗ |
| 1ST | 1st Floor | 6,000 SF | ✓ |
| SO | Sketch Only | 1,776 SF | ✗ |
| 501 | CANOPY | 464 SF | ✗ |
| 541 | FENCE COMM LF | 250 SF | ✗ |
| 581C | STORAGE ATT COMM | 80 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% | $12,003.64 | $12,003.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,798.65 | $6,798.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,876.25 | $4,876.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,531.24 | $1,531.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,341.52 | $1,341.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,551.30 | $26,551.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,372,000 | $1,297,410 | +5.7% |
| Assessed Value | $1,372,000 | $1,297,410 | +5.7% |
| Land Value | $969,280 | $969,280 | +0.0% |
| Improvement Value | $402,720 | $328,130 | +22.7% |
| Taxable Value | $1,372,000 | $1,297,410 | +5.7% |
| Total Tax 2026 = estimate |
~$28,078
Estimated
|
~$26,551
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,566,135 | $1,372,000 | -194,135 (-12.4%) |
| Taxable Value | $1,556,892 | $1,372,000 | -184,892 (-11.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,372,000 | $969,280 | $402,720 | — | $1,372,000 | $1,372,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,297,410 | $969,280 | $328,130 | — | $1,297,410 | $1,297,410 | ~$26,551 | Partial |
| 2024 | $1,459,025 | — | — | −$489,745 | $969,280 | $— | $28,915 | Verified |
| 2023 | $1,423,102 | — | — | −$403,102 | $1,020,000 | $— | $26,397 | Verified |
| 2022 | $1,423,102 | — | — | −$403,102 | $1,020,000 | $— | $27,154 | Verified |
| 2021 | $1,159,467 | — | — | −$139,467 | $1,020,000 | $— | $29,926 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.7% | +20.0% | 99.4% | Not available | Partial |
| 2025 | -11.1% | -11.1% | ~100% | Not available | Partial |
| 2024 | -3.4% | -3.4% | ~100% | 1.9800% | Verified |
| 2023 | +6.1% | +6.1% | ~100% | 1.7500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.7% | +4.0% | +1.7% | +22.7% | 2022 | -11.1% | 2025 |
| Assessment Ratio | 100.0% | 83.0% | — | 100.0% | 2025 | 66.4% | 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 |
$26,551 | $27,789 | ~$27,505 | $29,926 | 2021 | $26,397 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,334,387 | ~$1,334,387 | ~2.0139% | ~$26,874 | +2.9% |
| 2027 | ~$1,372,419 | ~$1,372,419 | ~1.9814% | ~$27,193 | +5.8% |
| 2028 | ~$1,411,534 | ~$1,411,534 | ~1.9488% | ~$27,509 | +8.8% |
| 2029 | ~$1,451,764 | ~$1,451,764 | ~1.9163% | ~$27,820 | +11.9% |
| 2030 | ~$1,493,141 | ~$1,493,141 | ~1.8837% | ~$28,127 | +15.1% |
| 2026 | ~$1,308,439 | ~$1,308,439 | ~2.0465% | ~$26,777 | +0.9% |
| 2027 | ~$1,319,562 | ~$1,319,562 | ~2.0465% | ~$27,005 | +1.7% |
| 2028 | ~$1,330,780 | ~$1,330,780 | ~2.0465% | ~$27,234 | +2.6% |
| 2029 | ~$1,342,093 | ~$1,342,093 | ~2.0465% | ~$27,466 | +3.4% |
| 2030 | ~$1,353,502 | ~$1,353,502 | ~2.0465% | ~$27,699 | +4.3% |
| 2026 | ~$1,360,336 | ~$1,360,336 | ~1.9977% | ~$27,175 | +4.9% |
| 2027 | ~$1,426,313 | ~$1,426,313 | ~1.9488% | ~$27,797 | +9.9% |
| 2028 | ~$1,495,491 | ~$1,495,491 | ~1.9000% | ~$28,415 | +15.3% |
| 2029 | ~$1,568,024 | ~$1,568,024 | ~1.8512% | ~$29,027 | +20.9% |
| 2030 | ~$1,644,074 | ~$1,644,074 | ~1.8024% | ~$29,632 | +26.7% |
In 2025, this property's market value of $1,297,410 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,297,410 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,459,025 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,423,102 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,423,102 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,159,467 | $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.