2043 S LAMAR BLVD TX 78704
| Owner | DWF VI BOULDIN LLC |
|---|---|
| Parcel ID | 0401061315 |
| Short ID | 303121 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 116,492 SF |
| Land SF | 191,441 SF |
| Acres | 4.395 |
| Year Built | 2020 |
| Legal | PART OF LOTS 10-13 BLK 1 FREDERICKSBURG ROAD ACRES |
| Neighborhood | 51SCN |
| Land | $17,229,733 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,229,733 |
| Improvement | $50,002,393 |
|---|---|
| Total Improvement | $50,002,393 |
| Market | $67,232,126 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $67,232,126 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $67,232,126 |
| Taxable Value | $67,232,126 |
|---|
Appreciation: Market value has risen +390.9% from $13,696,062 (2021) to $67,232,126 (2025), a CAGR of 48.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $1,375,895. 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 26% of market value ($17,229,733 land vs $50,002,393 improvements), about $90/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $67,232,126, 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 +48.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $491,250,787 by 2030, with an estimated annual tax burden around $2,039,679. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 387 | PARKING GAR UNDR | 60,000 SF | ✓ |
| 3RD | 3rd Floor | 56,200 SF | ✓ |
| 4TH | 4th Floor | 47,600 SF | ✓ |
| 2ND | 2nd Floor | 30,700 SF | ✓ |
| 1ST | 1st Floor | 29,592 SF | ✓ |
| 551 | PAVED AREA | 11,600 SF | ✗ |
| 611 | TERRACE | 9,483 SF | ✗ |
| 501 | CANOPY | 1,206 SF | ✗ |
| 327 | STORAGE COMM'L | 414 SF | ✓ |
| 541 | FENCE COMM LF | 345 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% | $622,031.63 | $622,031.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $352,307.77 | $352,307.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $252,688.58 | $252,688.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $79,349.37 | $79,349.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $69,518.02 | $69,518.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,375,895.37 | $1,375,895.37 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $75,021,350 | $67,232,126 | +11.6% |
| Assessed Value | $75,021,350 | $67,232,126 | +11.6% |
| Land Value | $17,229,733 | $17,229,733 | +0.0% |
| Improvement Value | $57,791,617 | $50,002,393 | +15.6% |
| Taxable Value | $75,021,350 | $67,232,126 | +11.6% |
| Total Tax 2026 = estimate |
~$1,535,301
Estimated
|
~$1,375,895
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $75,021,350 | $75,021,350 | +0 (+0.0%) |
| Taxable Value | $75,021,350 | $75,021,350 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $75,021,350 | $17,229,733 | $57,791,617 | — | $75,021,350 | $75,021,350 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $67,232,126 | $17,229,733 | $50,002,393 | — | $67,232,126 | $67,232,126 | ~$1,375,895 | Partial |
| 2024 | $84,000,000 | — | — | — | — | $— | $1,691,207 | Verified |
| 2023 | $90,345,000 | — | — | — | — | $— | $1,536,772 | Verified |
| 2022 | $64,600,000 | — | — | — | — | $— | $1,788,937 | Verified |
| 2021 | $13,696,062 | — | — | −$6,229,844 | $7,466,218 | $— | $1,406,135 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.6% | +11.6% | ~100% | Not available | Partial |
| 2025 | -26.6% | -26.6% | ~100% | Not available | Partial |
| 2024 | -9.5% | -9.5% | ~100% | 1.8500% | Verified |
| 2023 | +6.5% | +6.5% | ~100% | 1.5200% | Verified |
| 2022 | +47.2% | +47.2% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 10.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.6% | +79.2% | +45.8% | +371.7% | 2022 | -20.0% | 2025 |
| Assessment Ratio | 100.0% | 84.8% | — | 100.0% | 2025 | 54.5% | 2021 |
| 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 |
$1,375,895 | $1,559,789 | ~$1,754,240 | $1,788,937 | 2022 | $1,375,895 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$100,074,200 | ~$73,955,339 | ~2.0139% | ~$1,489,414 | +48.8% |
| 2027 | ~$148,959,227 | ~$81,350,872 | ~1.9814% | ~$1,611,876 | +121.6% |
| 2028 | ~$221,723,994 | ~$89,485,960 | ~1.9488% | ~$1,743,938 | +229.8% |
| 2029 | ~$330,033,463 | ~$98,434,556 | ~1.9163% | ~$1,886,293 | +390.9% |
| 2030 | ~$491,250,787 | ~$108,278,011 | ~1.8837% | ~$2,039,679 | +630.7% |
| 2026 | ~$98,729,558 | ~$73,955,339 | ~2.0465% | ~$1,513,485 | +46.8% |
| 2027 | ~$144,983,152 | ~$81,350,872 | ~2.0465% | ~$1,664,833 | +115.6% |
| 2028 | ~$212,905,992 | ~$89,485,960 | ~2.0465% | ~$1,831,317 | +216.7% |
| 2029 | ~$312,649,854 | ~$98,434,556 | ~2.0465% | ~$2,014,448 | +365.0% |
| 2030 | ~$459,122,499 | ~$108,278,011 | ~2.0465% | ~$2,215,893 | +582.9% |
| 2026 | ~$101,418,843 | ~$73,955,339 | ~1.9977% | ~$1,477,378 | +50.8% |
| 2027 | ~$152,989,088 | ~$81,350,872 | ~1.9488% | ~$1,585,398 | +127.6% |
| 2028 | ~$230,782,175 | ~$89,485,960 | ~1.9000% | ~$1,700,248 | +243.3% |
| 2029 | ~$348,132,097 | ~$98,434,556 | ~1.8512% | ~$1,822,215 | +417.8% |
| 2030 | ~$525,153,026 | ~$108,278,011 | ~1.8024% | ~$1,951,572 | +681.1% |
In 2025, this property's market value of $67,232,126 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 47× 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 | $67,232,126 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $84,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $90,345,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $64,600,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,696,062 | $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.