2153 S LAMAR BLVD TX 78704
| Owner | 3423 S LAMAR LLC |
|---|---|
| Parcel ID | 0401060262 |
| Short ID | 303034 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,379 SF |
| Land SF | 34,112 SF |
| Acres | 0.783 |
| Year Built | 1968 |
| Legal | LOT 8A RESUB OF LOT 8 BLK 2 FREDERICKSBURG ROAD ACRES |
| Neighborhood | 53SCN |
| Land | $5,116,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,116,800 |
| Improvement | $337,179 |
|---|---|
| Total Improvement | $337,179 |
| Market | $5,453,979 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,453,979 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,453,979 |
| Taxable Value | $5,453,979 |
|---|
Appreciation: Market value has risen +34.4% from $4,059,000 (2021) to $5,453,979 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $111,615. 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 94% of market value ($5,116,800 land vs $337,179 improvements), about $150/SF of land. With value concentrated in the land under a ~58-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 $5,453,979, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,890,081 by 2030, with an estimated annual tax burden around $148,629. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,739 SF | ✓ |
| 551 | PAVED AREA | 4,000 SF | ✗ |
| 501 | CANOPY | 2,000 SF | ✗ |
| 2ND | 2nd Floor | 1,640 SF | ✓ |
| 591 | MASONRY TRIM SF | 550 SF | ✗ |
| 611 | TERRACE | 160 SF | ✗ |
| 511 | DECK | 124 SF | ✗ |
| 413 | STAIRWAY EXT | 2 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% | $50,460.21 | $50,460.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,579.78 | $28,579.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,498.51 | $20,498.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,436.95 | $6,436.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,639.41 | $5,639.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $111,614.86 | $111,614.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,453,979 | $5,453,979 | +0.0% |
| Assessed Value | $5,453,979 | $5,453,979 | +0.0% |
| Land Value | $5,116,800 | $5,116,800 | +0.0% |
| Improvement Value | $337,179 | $337,179 | +0.0% |
| Taxable Value | $5,453,979 | $5,453,979 | +0.0% |
| Total Tax 2026 = estimate |
~$111,615
Estimated
|
~$111,615
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,890,133 | $5,453,979 | -436,154 (-7.4%) |
| Taxable Value | $5,890,133 | $5,453,979 | -436,154 (-7.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,453,979 | $5,116,800 | $337,179 | — | $5,453,979 | $5,453,979 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,453,979 | $5,116,800 | $337,179 | — | $5,453,979 | $5,453,979 | ~$111,615 | Partial |
| 2024 | $6,205,466 | — | — | −$1,088,666 | $5,116,800 | $— | $122,981 | Verified |
| 2023 | $4,840,986 | — | — | — | $5,116,800 ! | $— | $91,417 | Verified |
| 2022 | $4,615,831 | — | — | −$863,511 | $3,752,320 | $— | $95,606 | Verified |
| 2021 | $4,059,000 | — | — | −$306,680 | $3,752,320 | $— | $100,472 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.0% | +8.0% | ~100% | Not available | Partial |
| 2025 | -12.1% | -12.1% | ~100% | Not available | Partial |
| 2024 | -9.4% | -9.4% | ~100% | 1.9800% | Verified |
| 2023 | +41.5% | +41.5% | ~100% | 1.3400% | Verified |
| 2022 | +4.9% | +4.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.9% | +7.7% | +28.2% | 2024 | -12.1% | 2025 |
| Assessment Ratio | 100.0% | 93.6% | — | 105.7% | 2023 | 81.3% | 2022 |
| 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 |
$111,615 | $104,418 | ~$133,047 | $122,981 | 2024 | $91,417 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,872,014 | ~$5,872,014 | ~2.0139% | ~$118,259 | +7.7% |
| 2027 | ~$6,322,090 | ~$6,322,090 | ~1.9814% | ~$125,265 | +15.9% |
| 2028 | ~$6,806,663 | ~$6,806,663 | ~1.9488% | ~$132,651 | +24.8% |
| 2029 | ~$7,328,378 | ~$7,328,378 | ~1.9163% | ~$140,433 | +34.4% |
| 2030 | ~$7,890,081 | ~$7,890,081 | ~1.8837% | ~$148,629 | +44.7% |
| 2026 | ~$5,762,934 | ~$5,762,934 | ~2.0465% | ~$117,938 | +5.7% |
| 2027 | ~$6,089,391 | ~$6,089,391 | ~2.0465% | ~$124,618 | +11.7% |
| 2028 | ~$6,434,341 | ~$6,434,341 | ~2.0465% | ~$131,678 | +18.0% |
| 2029 | ~$6,798,831 | ~$6,798,831 | ~2.0465% | ~$139,137 | +24.7% |
| 2030 | ~$7,183,969 | ~$7,183,969 | ~2.0465% | ~$147,019 | +31.7% |
| 2026 | ~$5,981,093 | ~$5,981,093 | ~1.9977% | ~$119,482 | +9.7% |
| 2027 | ~$6,559,152 | ~$6,559,152 | ~1.9488% | ~$127,827 | +20.3% |
| 2028 | ~$7,193,079 | ~$7,193,079 | ~1.9000% | ~$136,670 | +31.9% |
| 2029 | ~$7,888,273 | ~$7,888,273 | ~1.8512% | ~$146,027 | +44.6% |
| 2030 | ~$8,650,656 | ~$8,650,656 | ~1.8024% | ~$155,917 | +58.6% |
In 2025, this property's market value of $5,453,979 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,453,979 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,205,466 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,840,986 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,615,831 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,059,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.