2525 S LAMAR BLVD 7 TX 78704
| Owner | SEAR ADAM |
|---|---|
| Parcel ID | 0401071608 |
| Short ID | 753561 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 917 SF |
| Land SF | 1,721 SF |
| Acres | 0.040 |
| Year Built | 2007 |
| Legal | UNT 7 SPACES 2525 CONDOMINIUMS PLUS 1.847 % INT IN COM AREA |
| Neighborhood | 24SC01 |
| Land | $172,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $172,100 |
| Improvement | $557,947 |
|---|---|
| Total Improvement | $557,947 |
| Market | $730,047 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $730,047 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $730,047 |
| Taxable Value | $730,047 |
|---|
Appreciation: Market value has risen +75.3% from $416,548 (2021) to $730,047 (2025), a CAGR of 15.1% 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 $14,940. 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 ($172,100 land vs $557,947 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 $730,047, 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 +15.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,472,170 by 2030, with an estimated annual tax burden around $22,148. 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 | 917 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% | $6,754.39 | $6,754.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,825.57 | $3,825.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,743.85 | $2,743.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $861.62 | $861.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $754.87 | $754.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,940.30 | $14,940.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $625,530 | $730,047 | -14.3% |
| Assessed Value | $625,530 | $730,047 | -14.3% |
| Land Value | $172,100 | $172,100 | +0.0% |
| Improvement Value | $453,430 | $557,947 | -18.7% |
| Taxable Value | $625,530 | $730,047 | -14.3% |
| Total Tax 2026 = estimate |
~$12,801
Estimated
|
~$14,940
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $625,530 | $625,530 | +0 (+0.0%) |
| Taxable Value | $625,530 | $625,530 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $625,530 | $172,100 | $453,430 | — | $625,530 | $625,530 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $730,047 | $172,100 | $557,947 | — | $730,047 | $730,047 | ~$14,940 | Partial |
| 2024 | $622,500 | — | — | −$450,400 | $172,100 | $— | $14,804 | Verified |
| 2023 | $602,858 | — | — | −$430,758 | $172,100 | $— | $11,263 | Verified |
| 2022 | $489,106 | — | — | −$420,266 | $68,840 | $— | $11,906 | Verified |
| 2021 | $416,548 | — | — | −$347,708 | $68,840 | $— | $10,646 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2025 | -27.4% | -2.3% | ~100% | Not available | Partial |
| 2024 | +13.6% | -15.5% | 74.3% | 1.4700% | Verified |
| 2023 | +46.7% | +46.7% | ~100% | 1.2700% | Verified |
| 2022 | +23.3% | +23.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.3% | +9.4% | +18.9% | +23.3% | 2023 | -14.3% | 2026 |
| Assessment Ratio | 100.0% | 47.8% | — | 100.0% | 2025 | 14.1% | 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 |
$14,940 | $12,712 | ~$19,049 | $14,940 | 2025 | $10,646 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$839,986 | ~$803,052 | ~2.0139% | ~$16,173 | +15.1% |
| 2027 | ~$966,482 | ~$883,357 | ~1.9814% | ~$17,503 | +32.4% |
| 2028 | ~$1,112,027 | ~$971,693 | ~1.9488% | ~$18,937 | +52.3% |
| 2029 | ~$1,279,489 | ~$1,068,862 | ~1.9163% | ~$20,483 | +75.3% |
| 2030 | ~$1,472,170 | ~$1,175,748 | ~1.8837% | ~$22,148 | +101.7% |
| 2026 | ~$825,385 | ~$803,052 | ~2.0465% | ~$16,434 | +13.1% |
| 2027 | ~$933,174 | ~$883,357 | ~2.0465% | ~$18,078 | +27.8% |
| 2028 | ~$1,055,040 | ~$971,693 | ~2.0465% | ~$19,886 | +44.5% |
| 2029 | ~$1,192,820 | ~$1,068,862 | ~2.0465% | ~$21,874 | +63.4% |
| 2030 | ~$1,348,593 | ~$1,175,748 | ~2.0465% | ~$24,062 | +84.7% |
| 2026 | ~$854,587 | ~$803,052 | ~1.9977% | ~$16,042 | +17.1% |
| 2027 | ~$1,000,373 | ~$883,357 | ~1.9488% | ~$17,215 | +37.0% |
| 2028 | ~$1,171,029 | ~$971,693 | ~1.9000% | ~$18,462 | +60.4% |
| 2029 | ~$1,370,798 | ~$1,068,862 | ~1.8512% | ~$19,787 | +87.8% |
| 2030 | ~$1,604,645 | ~$1,175,748 | ~1.8024% | ~$21,191 | +119.8% |
In 2025, this property's market value of $730,047 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -48% 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 | $730,047 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $622,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $602,858 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $489,106 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $416,548 | $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.