2525 S LAMAR BLVD 8 TX 78704
| Owner | JJBAM PROPERTIES LLC |
|---|---|
| Parcel ID | 0401071609 |
| Short ID | 753562 |
| 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 8 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 | $499,543 |
|---|---|
| Total Improvement | $499,543 |
| Market | $671,643 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $671,643 |
| Value Limitation Adjustment (−) (homestead cap) | −$60,349 |
| Net Appraised (assessed) | $611,294 |
| Taxable Value | $611,294 |
|---|
Appreciation: Market value has risen +70.5% from $394,000 (2021) to $671,643 (2025), a CAGR of 14.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $12,510. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($611,294) is $60,349 below market value, suggesting potential for an upward assessment in future years.
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 ($172,100 land vs $499,543 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 $671,643, 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,308,252 by 2030, with an estimated annual tax burden around $18,545. 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% | $5,655.69 | $5,655.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,203.28 | $3,203.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,297.52 | $2,297.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $721.47 | $721.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $632.08 | $632.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,510.04 | $12,510.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $569,232 | $671,643 | -15.2% |
| Assessed Value | $569,232 | $611,294 | -6.9% |
| Land Value | $172,100 | $172,100 | +0.0% |
| Improvement Value | $397,132 | $499,543 | -20.5% |
| Taxable Value | $569,232 | $611,294 | -6.9% |
| Total Tax 2026 = estimate |
~$11,649
Estimated
|
~$12,510
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $625,530 | $569,232 | -56,298 (-9.0%) |
| Taxable Value | $625,530 | $569,232 | -56,298 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $569,232 | $172,100 | $397,132 | — | $569,232 | $569,232 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $671,643 | $172,100 | $499,543 | −$60,349 | $611,294 | $611,294 | ~$12,510 | Partial |
| 2024 | $424,510 | — | — | −$252,410 | $172,100 | $— | $10,096 | Verified |
| 2023 | $388,000 | — | — | −$215,900 | $172,100 | $— | $7,680 | Verified |
| 2022 | $388,000 | — | — | −$319,160 | $68,840 | $— | $7,663 | Verified |
| 2021 | $394,000 | — | — | −$325,160 | $68,840 | $— | $8,446 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.9% | +2.3% | ~100% | Not available | Partial |
| 2025 | -33.2% | +20.0% | 91.0% | Not available | Partial |
| 2024 | +13.6% | -42.4% | 50.7% | 1.0000% | Verified |
| 2023 | +46.7% | +46.7% | ~100% | 0.8700% | Verified |
| 2022 | +55.4% | +55.4% | ~100% | 1.2700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.2% | +10.2% | +18.4% | +58.2% | 2025 | -15.2% | 2026 |
| Assessment Ratio | 100.0% | 51.9% | — | 100.0% | 2026 | 17.5% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,510 | $9,279 | ~$15,950 | $12,510 | 2025 | $7,663 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$767,448 | ~$672,423 | ~2.0139% | ~$13,542 | +14.3% |
| 2027 | ~$876,919 | ~$739,666 | ~1.9814% | ~$14,656 | +30.6% |
| 2028 | ~$1,002,006 | ~$813,632 | ~1.9488% | ~$15,856 | +49.2% |
| 2029 | ~$1,144,935 | ~$894,996 | ~1.9163% | ~$17,151 | +70.5% |
| 2030 | ~$1,308,252 | ~$984,495 | ~1.8837% | ~$18,545 | +94.8% |
| 2026 | ~$754,015 | ~$672,423 | ~2.0465% | ~$13,761 | +12.3% |
| 2027 | ~$846,490 | ~$739,666 | ~2.0465% | ~$15,137 | +26.0% |
| 2028 | ~$950,306 | ~$813,632 | ~2.0465% | ~$16,651 | +41.5% |
| 2029 | ~$1,066,855 | ~$894,996 | ~2.0465% | ~$18,316 | +58.8% |
| 2030 | ~$1,197,697 | ~$984,495 | ~2.0465% | ~$20,148 | +78.3% |
| 2026 | ~$780,881 | ~$672,423 | ~1.9977% | ~$13,433 | +16.3% |
| 2027 | ~$907,886 | ~$739,666 | ~1.9488% | ~$14,415 | +35.2% |
| 2028 | ~$1,055,547 | ~$813,632 | ~1.9000% | ~$15,459 | +57.2% |
| 2029 | ~$1,227,225 | ~$894,996 | ~1.8512% | ~$16,568 | +82.7% |
| 2030 | ~$1,426,824 | ~$984,495 | ~1.8024% | ~$17,744 | +112.4% |
In 2025, this property's market value of $671,643 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -53% 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 | $671,643 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $424,510 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $388,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $388,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $394,000 | $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.