2120 S LAMAR BLVD TX 78704
| Owner | DAY CONSTANCE M, PATRICIA A BAIER, JERRY W BAIER |
|---|---|
| Parcel ID | 0401070714 |
| Short ID | 303227 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 480 SF |
| Land SF | 12,333 SF |
| Acres | 0.283 |
| Year Built | 1983 |
| Legal | 0.3005 AC OF LOT 27-31 BLK D OAK HILL ADDN |
| Neighborhood | 53SCN |
| Land | $1,849,950 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,849,950 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,730,154 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,730,154 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,730,154 |
| Taxable Value | $1,730,154 |
|---|
Appreciation: Market value has risen +19.6% from $1,446,781 (2021) to $1,730,154 (2025), a CAGR of 4.6% 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 lagged 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 $35,407. 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 107% of market value ($1,849,950 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~43-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 $1,730,154, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,163,651 by 2030, with an estimated annual tax burden around $40,758. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 10,000 SF | ✗ |
| 501 | CANOPY | 570 SF | ✗ |
| 1ST | 1st Floor | 480 SF | ✓ |
| 541 | FENCE COMM LF | 250 SF | ✗ |
| 327 | STORAGE COMM'L | 56 SF | ✓ |
| 482 | LIGHT POLES | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $16,007.38 | $16,007.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,066.30 | $9,066.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,502.70 | $6,502.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,041.98 | $2,041.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,788.98 | $1,788.98 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,407.34 | $35,407.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,730,154 | $1,730,154 | +0.0% |
| Assessed Value | $1,730,154 | $1,730,154 | +0.0% |
| Land Value | $1,849,950 | $1,849,950 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,730,154 | $1,730,154 | +0.0% |
| Total Tax 2026 = estimate |
~$35,407
Estimated
|
~$35,407
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,904,980 | $1,730,154 | -174,826 (-9.2%) |
| Taxable Value | $1,904,980 | $1,730,154 | -174,826 (-9.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,730,154 | $1,849,950 | — | — | $1,730,154 | $1,730,154 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,730,154 | $1,849,950 | — | — | $1,730,154 | $1,730,154 | ~$35,407 | Partial |
| 2024 | $1,700,000 | — | — | — | $1,730,154 ! | $— | $34,288 | Verified |
| 2023 | $1,389,850 | — | — | — | $1,700,000 ! | $— | $30,757 | Verified |
| 2022 | $1,447,173 | — | — | −$90,543 | $1,356,630 | $— | $27,448 | Verified |
| 2021 | $1,446,781 | — | — | −$6,991 | $1,439,790 | $— | $31,500 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -9.0% | -9.0% | ~100% | 1.9800% | Verified |
| 2023 | +36.8% | +36.8% | ~100% | 1.6200% | Verified |
| 2022 | -4.0% | -4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.0% | +4.6% | +22.3% | 2024 | -4.0% | 2023 |
| Assessment Ratio | 100.0% | 102.9% | — | 122.3% | 2023 | 93.7% | 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 |
$35,407 | $31,880 | ~$38,578 | $35,407 | 2025 | $27,448 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,809,278 | ~$1,809,278 | ~2.0139% | ~$36,438 | +4.6% |
| 2027 | ~$1,892,020 | ~$1,892,020 | ~1.9814% | ~$37,488 | +9.4% |
| 2028 | ~$1,978,546 | ~$1,978,546 | ~1.9488% | ~$38,559 | +14.4% |
| 2029 | ~$2,069,030 | ~$2,069,030 | ~1.9163% | ~$39,649 | +19.6% |
| 2030 | ~$2,163,651 | ~$2,163,651 | ~1.8837% | ~$40,758 | +25.1% |
| 2026 | ~$1,774,675 | ~$1,774,675 | ~2.0465% | ~$36,318 | +2.6% |
| 2027 | ~$1,820,341 | ~$1,820,341 | ~2.0465% | ~$37,253 | +5.2% |
| 2028 | ~$1,867,182 | ~$1,867,182 | ~2.0465% | ~$38,212 | +7.9% |
| 2029 | ~$1,915,229 | ~$1,915,229 | ~2.0465% | ~$39,195 | +10.7% |
| 2030 | ~$1,964,512 | ~$1,964,512 | ~2.0465% | ~$40,203 | +13.5% |
| 2026 | ~$1,843,881 | ~$1,843,881 | ~1.9977% | ~$36,835 | +6.6% |
| 2027 | ~$1,965,083 | ~$1,965,083 | ~1.9488% | ~$38,296 | +13.6% |
| 2028 | ~$2,094,253 | ~$2,094,253 | ~1.9000% | ~$39,791 | +21.0% |
| 2029 | ~$2,231,912 | ~$2,231,912 | ~1.8512% | ~$41,317 | +29.0% |
| 2030 | ~$2,378,621 | ~$2,378,621 | ~1.8024% | ~$42,872 | +37.5% |
In 2025, this property's market value of $1,730,154 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +22% 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 | $1,730,154 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,389,850 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,447,173 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,446,781 | $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.