11218 N LAMAR BLVD TX
| Owner | RSD LAMAR LLC |
|---|---|
| Parcel ID | 0248200702 |
| Short ID | 255498 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,174 SF |
| Land SF | 135,907 SF |
| Acres | 3.120 |
| Year Built | 1965 |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR 3.12 |
| Neighborhood | 20NOR |
| Land | $1,834,745 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,834,745 |
| Improvement | $52,322 |
|---|---|
| Total Improvement | $52,322 |
| Market | $1,887,067 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,887,067 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,887,067 |
| Taxable Value | $1,887,067 |
|---|
Appreciation: Market value has risen +6.8% from $1,767,189 (2021) to $1,887,067 (2025), a CAGR of 1.7% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $42,047. Pflugerville ISD is the largest single contributor, at 49.7% 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 97% of market value ($1,834,745 land vs $52,322 improvements), about $14/SF of land. With value concentrated in the land under a ~61-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 $1,887,067, this parcel sits in the upper-middle (50th–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 +1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,048,414 by 2030, with an estimated annual tax burden around $38,606. 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 | 18,900 SF | ✗ |
| 1ST | 1st Floor | 6,174 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 88 SF | ✗ |
| 501 | CANOPY | 48 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $20,887.94 | $20,887.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,888.55 | $9,888.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,092.45 | $7,092.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,227.17 | $2,227.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,951.23 | $1,951.23 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $42,047.34 | $42,047.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,892,025 | $1,887,067 | +0.3% |
| Assessed Value | $1,892,025 | $1,887,067 | +0.3% |
| Land Value | $1,834,745 | $1,834,745 | +0.0% |
| Improvement Value | $57,280 | $52,322 | +9.5% |
| Taxable Value | $1,892,025 | $1,887,067 | +0.3% |
| Total Tax 2026 = estimate |
~$42,158
Estimated
|
~$42,047
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,892,025 | $1,892,025 | +0 (+0.0%) |
| Taxable Value | $1,892,025 | $1,892,025 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,892,025 | $1,834,745 | $57,280 | — | $1,892,025 | $1,892,025 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,887,067 | $1,834,745 | $52,322 | — | $1,887,067 | $1,887,067 | ~$42,047 | Partial |
| 2024 | $1,739,567 | — | — | — | $1,834,745 ! | $— | $40,349 | Verified |
| 2023 | $1,709,675 | — | — | — | $1,834,745 ! | $— | $35,817 | Verified |
| 2022 | $1,707,610 | — | — | — | $1,709,675 ! | $— | $38,347 | Verified |
| 2021 | $1,767,189 | — | — | −$128,122 | $1,639,067 | $— | $42,741 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2024 | -2.6% | -2.6% | ~100% | 2.0800% | Verified |
| 2023 | +16.5% | +16.5% | ~100% | 1.8000% | Verified |
| 2022 | -10.6% | -10.6% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +1.4% | +1.6% | +8.5% | 2025 | -3.4% | 2022 |
| Assessment Ratio | 100.0% | 100.9% | — | 107.3% | 2023 | 92.7% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$42,047 | $39,860 | ~$40,050 | $42,741 | 2021 | $35,817 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,918,286 | ~$1,918,286 | ~2.1595% | ~$41,425 | +1.7% |
| 2027 | ~$1,950,022 | ~$1,950,022 | ~2.0908% | ~$40,771 | +3.3% |
| 2028 | ~$1,982,283 | ~$1,982,283 | ~2.0221% | ~$40,084 | +5.0% |
| 2029 | ~$2,015,077 | ~$2,015,077 | ~1.9534% | ~$39,362 | +6.8% |
| 2030 | ~$2,048,414 | ~$2,048,414 | ~1.8847% | ~$38,606 | +8.6% |
| 2026 | ~$1,880,545 | ~$1,880,545 | ~2.2282% | ~$41,902 | -0.3% |
| 2027 | ~$1,874,045 | ~$1,874,045 | ~2.2282% | ~$41,757 | -0.7% |
| 2028 | ~$1,867,568 | ~$1,867,568 | ~2.2282% | ~$41,613 | -1.0% |
| 2029 | ~$1,861,113 | ~$1,861,113 | ~2.2282% | ~$41,469 | -1.4% |
| 2030 | ~$1,854,681 | ~$1,854,681 | ~2.2282% | ~$41,326 | -1.7% |
| 2026 | ~$1,956,028 | ~$1,956,028 | ~2.1251% | ~$41,568 | +3.7% |
| 2027 | ~$2,027,508 | ~$2,027,508 | ~2.0221% | ~$40,998 | +7.4% |
| 2028 | ~$2,101,601 | ~$2,101,601 | ~1.9190% | ~$40,331 | +11.4% |
| 2029 | ~$2,178,401 | ~$2,178,401 | ~1.8160% | ~$39,560 | +15.4% |
| 2030 | ~$2,258,008 | ~$2,258,008 | ~1.7129% | ~$38,678 | +19.7% |
In 2025, this property's market value of $1,887,067 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% above 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 | $1,887,067 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,739,567 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,709,675 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,707,610 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,767,189 | $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.