2525 S LAMAR BLVD 1 TX 78704
| Owner | EMBREE JEFFREY R & LAURA H EMBREE |
|---|---|
| Parcel ID | 0401071602 |
| Short ID | 753555 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,000 SF |
| Land SF | 1,877 SF |
| Acres | 0.043 |
| Year Built | 2007 |
| Legal | UNT 1 SPACES 2525 CONDOMINIUMS PLUS 2.014 % INT IN COM AREA |
| Neighborhood | 24SC01 |
| Land | $187,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $187,700 |
| Improvement | $599,085 |
|---|---|
| Total Improvement | $599,085 |
| Market | $786,785 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $786,785 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $786,785 |
| Taxable Value | $786,785 |
|---|
Appreciation: Market value has risen +74.4% from $451,011 (2021) to $786,785 (2025), a CAGR of 14.9% over 4 years. This is strong appreciation — well above typical inflation. 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 $16,101. 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 24% of market value ($187,700 land vs $599,085 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $786,785, 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 +14.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,577,401 by 2030, with an estimated annual tax burden around $23,869. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,000 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% | $7,279.33 | $7,279.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,122.89 | $4,122.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,957.09 | $2,957.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $928.59 | $928.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $813.54 | $813.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,101.44 | $16,101.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $545,000 | $786,785 | -30.7% |
| Assessed Value | $545,000 | $786,785 | -30.7% |
| Land Value | $187,700 | $187,700 | +0.0% |
| Improvement Value | $357,300 | $599,085 | -40.4% |
| Taxable Value | $545,000 | $786,785 | -30.7% |
| Total Tax 2026 = estimate |
~$11,153
Estimated
|
~$16,101
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $545,000 | $545,000 | +0 (+0.0%) |
| Taxable Value | $545,000 | $545,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $545,000 | $187,700 | $357,300 | — | $545,000 | $545,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $786,785 | $187,700 | $599,085 | — | $786,785 | $786,785 | ~$16,101 | Partial |
| 2024 | $964,488 | — | — | −$776,788 | $187,700 | $— | $19,114 | Verified |
| 2023 | $657,434 | — | — | −$469,734 | $187,700 | $— | $17,450 | Verified |
| 2022 | $529,461 | — | — | −$454,381 | $75,080 | $— | $12,984 | Verified |
| 2021 | $451,011 | — | — | −$375,931 | $75,080 | $— | $11,525 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -30.7% | -30.7% | ~100% | Not available | Partial |
| 2025 | -28.2% | -28.2% | ~100% | Not available | Partial |
| 2024 | +13.6% | +13.6% | ~100% | 1.7400% | Verified |
| 2023 | +46.7% | +46.7% | ~100% | 1.8100% | Verified |
| 2022 | +24.2% | +24.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -30.7% | +7.8% | +25.1% | +46.7% | 2024 | -30.7% | 2026 |
| Assessment Ratio | 100.0% | 46.5% | — | 100.0% | 2025 | 14.2% | 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 |
$16,101 | $15,435 | ~$20,529 | $19,114 | 2024 | $11,525 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$904,218 | ~$865,464 | ~2.0139% | ~$17,430 | +14.9% |
| 2027 | ~$1,039,179 | ~$952,010 | ~1.9814% | ~$18,863 | +32.1% |
| 2028 | ~$1,194,284 | ~$1,047,211 | ~1.9488% | ~$20,408 | +51.8% |
| 2029 | ~$1,372,540 | ~$1,151,932 | ~1.9163% | ~$22,074 | +74.4% |
| 2030 | ~$1,577,401 | ~$1,267,125 | ~1.8837% | ~$23,869 | +100.5% |
| 2026 | ~$888,483 | ~$865,464 | ~2.0465% | ~$17,712 | +12.9% |
| 2027 | ~$1,003,325 | ~$952,010 | ~2.0465% | ~$19,483 | +27.5% |
| 2028 | ~$1,133,012 | ~$1,047,211 | ~2.0465% | ~$21,431 | +44.0% |
| 2029 | ~$1,279,462 | ~$1,151,932 | ~2.0465% | ~$23,574 | +62.6% |
| 2030 | ~$1,444,842 | ~$1,267,125 | ~2.0465% | ~$25,932 | +83.6% |
| 2026 | ~$919,954 | ~$865,464 | ~1.9977% | ~$17,289 | +16.9% |
| 2027 | ~$1,075,663 | ~$952,010 | ~1.9488% | ~$18,553 | +36.7% |
| 2028 | ~$1,257,727 | ~$1,047,211 | ~1.9000% | ~$19,897 | +59.9% |
| 2029 | ~$1,470,606 | ~$1,151,932 | ~1.8512% | ~$21,324 | +86.9% |
| 2030 | ~$1,719,516 | ~$1,267,125 | ~1.8024% | ~$22,838 | +118.5% |
In 2025, this property's market value of $786,785 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -44% 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 | $786,785 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $964,488 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $657,434 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $529,461 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $451,011 | $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.