2525 S LAMAR BLVD 4 TX 78704
| Owner | 2P TRUST |
|---|---|
| Parcel ID | 0401071605 |
| Short ID | 753558 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 789 SF |
| Land SF | 1,481 SF |
| Acres | 0.034 |
| Year Built | 2007 |
| Legal | UNT 4 SPACES 2525 CONDOMINIUMS PLUS 1.5892 % INT IN COM AREA |
| Neighborhood | 24SC01 |
| Land | $148,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $148,100 |
| Improvement | $480,066 |
|---|---|
| Total Improvement | $480,066 |
| Market | $628,166 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $628,166 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $628,166 |
| Taxable Value | $628,166 |
|---|
Appreciation: Market value has risen +80.5% from $348,000 (2021) to $628,166 (2025), a CAGR of 15.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $12,855. 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 ($148,100 land vs $480,066 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 $628,166, this parcel sits in the bottom quartile (<25th 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 +15.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,314,297 by 2030, with an estimated annual tax burden around $19,057. 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 | 789 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% | $5,811.79 | $5,811.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,291.70 | $3,291.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,360.93 | $2,360.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $741.38 | $741.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $649.52 | $649.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,855.32 | $12,855.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $538,238 | $628,166 | -14.3% |
| Assessed Value | $538,238 | $628,166 | -14.3% |
| Land Value | $148,100 | $148,100 | +0.0% |
| Improvement Value | $390,138 | $480,066 | -18.7% |
| Taxable Value | $538,238 | $628,166 | -14.3% |
| Total Tax 2026 = estimate |
~$11,015
Estimated
|
~$12,855
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $538,238 | $538,238 | +0 (+0.0%) |
| Taxable Value | $538,238 | $538,238 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $538,238 | $148,100 | $390,138 | — | $538,238 | $538,238 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $628,166 | $148,100 | $480,066 | — | $628,166 | $628,166 | ~$12,855 | Partial |
| 2024 | $509,861 | — | — | −$361,761 | $148,100 | $— | $12,125 | Verified |
| 2023 | $466,846 | — | — | −$318,746 | $148,100 | $— | $9,225 | Verified |
| 2022 | $411,153 | — | — | −$351,913 | $59,240 | $— | $9,220 | Verified |
| 2021 | $348,000 | — | — | −$288,760 | $59,240 | $— | $8,949 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2025 | -27.3% | +2.7% | ~100% | Not available | Partial |
| 2024 | +13.6% | -19.6% | 70.8% | 1.4000% | Verified |
| 2023 | +63.0% | +63.0% | ~100% | 1.2100% | Verified |
| 2022 | +10.1% | +10.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.3% | +9.9% | +19.8% | +23.2% | 2025 | -14.3% | 2026 |
| Assessment Ratio | 100.0% | 48.7% | — | 100.0% | 2025 | 14.4% | 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 |
$12,855 | $10,475 | ~$16,390 | $12,855 | 2025 | $8,949 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$728,112 | ~$690,983 | ~2.0139% | ~$13,916 | +15.9% |
| 2027 | ~$843,960 | ~$760,081 | ~1.9814% | ~$15,060 | +34.4% |
| 2028 | ~$978,241 | ~$836,089 | ~1.9488% | ~$16,294 | +55.7% |
| 2029 | ~$1,133,887 | ~$919,698 | ~1.9163% | ~$17,624 | +80.5% |
| 2030 | ~$1,314,297 | ~$1,011,668 | ~1.8837% | ~$19,057 | +109.2% |
| 2026 | ~$715,549 | ~$690,983 | ~2.0465% | ~$14,141 | +13.9% |
| 2027 | ~$815,087 | ~$760,081 | ~2.0465% | ~$15,555 | +29.8% |
| 2028 | ~$928,472 | ~$836,089 | ~2.0465% | ~$17,110 | +47.8% |
| 2029 | ~$1,057,630 | ~$919,698 | ~2.0465% | ~$18,821 | +68.4% |
| 2030 | ~$1,204,754 | ~$1,011,668 | ~2.0465% | ~$20,704 | +91.8% |
| 2026 | ~$740,675 | ~$690,983 | ~1.9977% | ~$13,804 | +17.9% |
| 2027 | ~$873,336 | ~$760,081 | ~1.9488% | ~$14,813 | +39.0% |
| 2028 | ~$1,029,757 | ~$836,089 | ~1.9000% | ~$15,886 | +63.9% |
| 2029 | ~$1,214,195 | ~$919,698 | ~1.8512% | ~$17,025 | +93.3% |
| 2030 | ~$1,431,666 | ~$1,011,668 | ~1.8024% | ~$18,234 | +127.9% |
In 2025, this property's market value of $628,166 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -56% 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 | $628,166 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $509,861 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $466,846 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $411,153 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $348,000 | $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.