10302 N LAMAR BLVD AUSTIN, TX
| Owner | BOOZARI MEHDI |
|---|---|
| Parcel ID | 0245180806 |
| Short ID | 252288 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,330 SF |
| Land SF | 18,900 SF |
| Acres | 0.434 |
| Year Built | 1925 |
| Legal | LOT 1 LAWRENCE BERTIE SUBD |
| Neighborhood | 59NOR |
| Land | $378,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $378,000 |
| Improvement | $160,840 |
|---|---|
| Total Improvement | $160,840 |
| Market | $538,840 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $538,840 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $538,840 |
| Taxable Value | $538,840 |
|---|
Appreciation: Market value has risen +7.8% from $500,029 (2021) to $538,840 (2025), a CAGR of 1.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $11,027. 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 70% of market value ($378,000 land vs $160,840 improvements), about $20/SF of land. With value concentrated in the land under a ~101-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 $538,840, this parcel sits in the bottom quartile (<25th 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 +1.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $591,617 by 2030, with an estimated annual tax burden around $11,145. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,330 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 875 SF | ✓ |
| 571C | STORAGE DET COMM | 160 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 114 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% | $4,985.35 | $4,985.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,823.61 | $2,823.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,025.20 | $2,025.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $635.96 | $635.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $557.16 | $557.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,027.28 | $11,027.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $538,840 | $538,840 | +0.0% |
| Assessed Value | $538,840 | $538,840 | +0.0% |
| Land Value | $378,000 | $378,000 | +0.0% |
| Improvement Value | $160,840 | $160,840 | +0.0% |
| Taxable Value | $538,840 | $538,840 | +0.0% |
| Total Tax 2026 = estimate |
~$11,027
Estimated
|
~$11,027
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $740,721 | $538,840 | -201,881 (-27.3%) |
| Taxable Value | $646,608 | $538,840 | -107,768 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $538,840 | $378,000 | $160,840 | — | $538,840 | $538,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $538,840 | $378,000 | $160,840 | — | $538,840 | $538,840 | ~$11,027 | Partial |
| 2024 | $541,706 | — | — | −$163,706 | $378,000 | $— | $11,255 | Verified |
| 2023 | $585,360 | — | — | −$207,360 | $378,000 | $— | $9,801 | Verified |
| 2022 | $511,055 | — | — | −$133,055 | $378,000 | $— | $11,560 | Verified |
| 2021 | $500,029 | — | — | −$122,029 | $378,000 | $— | $11,124 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +37.5% | +20.0% | 87.3% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | +4.8% | +4.8% | ~100% | 1.9800% | Verified |
| 2023 | -7.5% | -7.5% | ~100% | 1.8100% | Verified |
| 2022 | +14.5% | +14.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.7% | +1.9% | +14.5% | 2023 | -7.5% | 2024 |
| Assessment Ratio | 100.0% | 80.7% | — | 100.0% | 2025 | 64.6% | 2023 |
| 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 |
$11,027 | $10,953 | ~$11,104 | $11,560 | 2022 | $9,801 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$549,005 | ~$549,005 | ~2.0139% | ~$11,057 | +1.9% |
| 2027 | ~$559,361 | ~$559,361 | ~1.9814% | ~$11,083 | +3.8% |
| 2028 | ~$569,913 | ~$569,913 | ~1.9488% | ~$11,107 | +5.8% |
| 2029 | ~$580,663 | ~$580,663 | ~1.9163% | ~$11,127 | +7.8% |
| 2030 | ~$591,617 | ~$591,617 | ~1.8837% | ~$11,145 | +9.8% |
| 2026 | ~$538,228 | ~$538,228 | ~2.0465% | ~$11,015 | -0.1% |
| 2027 | ~$537,616 | ~$537,616 | ~2.0465% | ~$11,002 | -0.2% |
| 2028 | ~$537,005 | ~$537,005 | ~2.0465% | ~$10,990 | -0.3% |
| 2029 | ~$536,395 | ~$536,395 | ~2.0465% | ~$10,977 | -0.5% |
| 2030 | ~$535,786 | ~$535,786 | ~2.0465% | ~$10,965 | -0.6% |
| 2026 | ~$559,781 | ~$559,781 | ~1.9977% | ~$11,183 | +3.9% |
| 2027 | ~$581,537 | ~$581,537 | ~1.9488% | ~$11,333 | +7.9% |
| 2028 | ~$604,137 | ~$604,137 | ~1.9000% | ~$11,479 | +12.1% |
| 2029 | ~$627,617 | ~$627,617 | ~1.8512% | ~$11,618 | +16.5% |
| 2030 | ~$652,008 | ~$652,008 | ~1.8024% | ~$11,752 | +21.0% |
In 2025, this property's market value of $538,840 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -62% 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 | $538,840 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $541,706 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $585,360 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $511,055 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $500,029 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.