11116 N LAMAR BLVD TX
| Owner | PRIESMEYER FAMILY LP |
|---|---|
| Parcel ID | 0248200703 |
| Short ID | 255499 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 37,802 SF |
| Land SF | 101,798 SF |
| Acres | 2.337 |
| Year Built | 1970 |
| Legal | LOT 1 PRIESMEYER-MCKEAN SUBD |
| Neighborhood | 83NOR |
| Land | $1,221,576 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,221,576 |
| Improvement | $2,368,424 |
|---|---|
| Total Improvement | $2,368,424 |
| Market | $3,590,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,590,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,590,000 |
| Taxable Value | $3,590,000 |
|---|
Appreciation: Market value has risen +43.6% from $2,500,000 (2021) to $3,590,000 (2025), a CAGR of 9.5% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $79,992. 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 34% of market value ($1,221,576 land vs $2,368,424 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~56 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,590,000, this parcel sits in the top quartile (≥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 +9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,643,357 by 2030, with an estimated annual tax burden around $106,360. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 40,471 SF | ✗ |
| 551 | PAVED AREA | 39,700 SF | ✗ |
| 1ST | 1st Floor | 37,802 SF | ✓ |
| 501 | CANOPY | 605 SF | ✗ |
| 328 | MEZZ COMM (STG) | 540 SF | ✓ |
| 541 | FENCE COMM LF | 128 SF | ✗ |
| MISC | Miscellaneous | 1 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% | $39,737.71 | $39,737.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,812.21 | $18,812.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,492.84 | $13,492.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,237.03 | $4,237.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,712.06 | $3,712.06 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $79,991.85 | $79,991.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,200,000 | $3,590,000 | -10.9% |
| Assessed Value | $3,200,000 | $3,590,000 | -10.9% |
| Land Value | $1,221,576 | $1,221,576 | +0.0% |
| Improvement Value | $1,978,424 | $2,368,424 | -16.5% |
| Taxable Value | $3,200,000 | $3,590,000 | -10.9% |
| Total Tax 2026 = estimate |
~$71,302
Estimated
|
~$79,992
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,416,306 | $3,200,000 | -1,216,306 (-27.5%) |
| Taxable Value | $4,308,000 | $3,200,000 | -1,108,000 (-25.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,200,000 | $1,221,576 | $1,978,424 | — | $3,200,000 | $3,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,590,000 | $1,221,576 | $2,368,424 | — | $3,590,000 | $3,590,000 | ~$79,992 | Partial |
| 2024 | $3,500,000 | — | — | −$2,278,424 | $1,221,576 | $— | $80,400 | Verified |
| 2023 | $3,400,000 | — | — | −$2,178,424 | $1,221,576 | $— | $72,063 | Verified |
| 2022 | $2,600,000 | — | — | −$1,378,424 | $1,221,576 | $— | $76,259 | Verified |
| 2021 | $2,500,000 | — | — | −$1,278,424 | $1,221,576 | $— | $65,077 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.0% | +20.0% | 97.6% | Not available | Partial |
| 2025 | -16.7% | -14.5% | ~100% | Not available | Partial |
| 2024 | +2.4% | -0.2% | 97.4% | 1.8700% | Verified |
| 2023 | +2.5% | +2.5% | ~100% | 1.7100% | Verified |
| 2022 | +23.3% | +23.3% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.9% | +5.9% | +12.1% | +30.8% | 2023 | -10.9% | 2026 |
| Assessment Ratio | 100.0% | 61.1% | — | 100.0% | 2025 | 34.9% | 2024 |
| 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 |
$79,992 | $74,758 | ~$95,420 | $80,400 | 2024 | $65,077 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,929,914 | ~$3,929,914 | ~2.1595% | ~$84,866 | +9.5% |
| 2027 | ~$4,302,013 | ~$4,302,013 | ~2.0908% | ~$89,946 | +19.8% |
| 2028 | ~$4,709,343 | ~$4,709,343 | ~2.0221% | ~$95,227 | +31.2% |
| 2029 | ~$5,155,240 | ~$5,155,240 | ~1.9534% | ~$100,702 | +43.6% |
| 2030 | ~$5,643,357 | ~$5,643,357 | ~1.8847% | ~$106,360 | +57.2% |
| 2026 | ~$3,858,114 | ~$3,858,114 | ~2.2282% | ~$85,966 | +7.5% |
| 2027 | ~$4,146,252 | ~$4,146,252 | ~2.2282% | ~$92,386 | +15.5% |
| 2028 | ~$4,455,909 | ~$4,455,909 | ~2.2282% | ~$99,286 | +24.1% |
| 2029 | ~$4,788,692 | ~$4,788,692 | ~2.2282% | ~$106,701 | +33.4% |
| 2030 | ~$5,146,329 | ~$5,146,329 | ~2.2282% | ~$114,670 | +43.4% |
| 2026 | ~$4,001,714 | ~$3,949,000 | ~2.1251% | ~$83,922 | +11.5% |
| 2027 | ~$4,460,645 | ~$4,343,900 | ~2.0221% | ~$87,838 | +24.3% |
| 2028 | ~$4,972,208 | ~$4,778,290 | ~1.9190% | ~$91,697 | +38.5% |
| 2029 | ~$5,542,439 | ~$5,256,119 | ~1.8160% | ~$95,451 | +54.4% |
| 2030 | ~$6,178,065 | ~$5,781,731 | ~1.7129% | ~$99,038 | +72.1% |
In 2025, this property's market value of $3,590,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +153% 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 | $3,590,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,600,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,500,000 | $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.