11812 N LAMAR BLVD TX
| Owner | MORRIS CHARLIE ELECTRIC DIAL O |
|---|---|
| Parcel ID | 0252200109 |
| Short ID | 503133 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 912 SF |
| Land SF | 27,660 SF |
| Acres | 0.635 |
| Year Built | 1940 |
| Legal | .635 AC OF LOT 4 STARK FRANK SUBD |
| Neighborhood | 59NOR |
| Land | $691,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $691,500 |
| Improvement | $114,459 |
|---|---|
| Total Improvement | $114,459 |
| Market | $805,959 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $805,959 |
| Value Limitation Adjustment (−) (homestead cap) | −$237,323 |
| Net Appraised (assessed) | $568,636 |
| Taxable Value | $568,636 |
|---|
Appreciation: Market value has risen +123.0% from $361,437 (2021) to $805,959 (2025), a CAGR of 22.2% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $12,670. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Assessment Gap: Assessed value ($568,636) is $237,323 below market value, suggesting potential for an upward assessment in future years.
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 86% of market value ($691,500 land vs $114,459 improvements), about $25/SF of land. With value concentrated in the land under a ~86-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 $805,959, 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 +22.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,196,157 by 2030, with an estimated annual tax burden around $17,260. 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 |
|---|---|---|---|
| 031C | GARAGE DET 1ST COMM | 1,650 SF | ✓ |
| 1ST | 1st Floor | 912 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 513 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 80 SF | ✗ |
| 571C | STORAGE DET COMM | 48 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
Market value changed by 104% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $6,294.23 | $6,294.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,979.75 | $2,979.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,137.19 | $2,137.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $671.12 | $671.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $587.97 | $587.97 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $12,670.26 | $12,670.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $964,470 | $805,959 | +19.7% |
| Assessed Value | $682,363 | $568,636 | +20.0% |
| Land Value | $691,500 | $691,500 | +0.0% |
| Improvement Value | $272,970 | $114,459 | +138.5% |
| Taxable Value | $682,363 | $568,636 | +20.0% |
| HS Cap Loss | -$282,107 | — | |
| Total Tax 2026 = estimate |
~$15,204
Estimated
|
~$12,670
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $964,470 | $964,470 | +0 (+0.0%) |
| Taxable Value | $682,363 | $682,363 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $964,470 | $691,500 | $272,970 | −$282,107 | $682,363 | $682,363 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $805,959 | $691,500 | $114,459 | −$237,323 | $568,636 | $568,636 | ~$12,670 | Partial |
| 2024 | $394,886 | — | — | — | $691,500 ! | $— | $10,132 | Verified |
| 2023 | $427,843 | — | — | −$151,243 | $276,600 | $— | $8,130 | Verified |
| 2022 | $349,729 | — | — | −$73,129 | $276,600 | $— | $9,596 | Verified |
| 2021 | $361,437 | — | — | −$84,837 | $276,600 | $— | $8,754 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.7% | +20.0% | 70.8% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 70.6% | Not available | Partial |
| 2024 | +104.1% ! | +20.0% | 58.8% | 1.2600% | Verified |
| 2023 | -7.7% | -7.7% | ~100% | 2.0600% | Verified |
| 2022 | +22.3% | +22.3% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +130.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.7% | +27.0% | +18.2% | +104.1% | 2025 | -7.7% | 2024 |
| Assessment Ratio | 70.8% | 89.4% | — | 175.1% | 2024 | 64.6% | 2023 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,670 | $9,857 | ~$15,344 | $12,670 | 2025 | $8,130 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$984,879 | ~$625,500 | ~2.1595% | ~$13,508 | +22.2% |
| 2027 | ~$1,203,519 | ~$688,050 | ~2.0908% | ~$14,386 | +49.3% |
| 2028 | ~$1,470,697 | ~$756,855 | ~2.0221% | ~$15,304 | +82.5% |
| 2029 | ~$1,797,187 | ~$832,540 | ~1.9534% | ~$16,263 | +123.0% |
| 2030 | ~$2,196,157 | ~$915,794 | ~1.8847% | ~$17,260 | +172.5% |
| 2026 | ~$968,760 | ~$625,500 | ~2.2282% | ~$13,937 | +20.2% |
| 2027 | ~$1,164,447 | ~$688,050 | ~2.2282% | ~$15,331 | +44.5% |
| 2028 | ~$1,399,661 | ~$756,855 | ~2.2282% | ~$16,864 | +73.7% |
| 2029 | ~$1,682,388 | ~$832,540 | ~2.2282% | ~$18,551 | +108.7% |
| 2030 | ~$2,022,226 | ~$915,794 | ~2.2282% | ~$20,406 | +150.9% |
| 2026 | ~$1,000,999 | ~$625,500 | ~2.1251% | ~$13,293 | +24.2% |
| 2027 | ~$1,243,237 | ~$688,050 | ~2.0221% | ~$13,913 | +54.3% |
| 2028 | ~$1,544,096 | ~$756,855 | ~1.9190% | ~$14,524 | +91.6% |
| 2029 | ~$1,917,763 | ~$832,540 | ~1.8160% | ~$15,119 | +137.9% |
| 2030 | ~$2,381,856 | ~$915,794 | ~1.7129% | ~$15,687 | +195.5% |
In 2025, this property's market value of $805,959 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% 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 | $805,959 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $394,886 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $427,843 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $349,729 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $361,437 | $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.