2525 S LAMAR BLVD 10 TX 78704
| Owner | MURPHY FREDERICK T IV & |
|---|---|
| Parcel ID | 0401071611 |
| Short ID | 753564 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 885 SF |
| Land SF | 1,661 SF |
| Acres | 0.038 |
| Year Built | 2007 |
| Legal | UNT 10 SPACES 2525 CONDOMINIUMS PLUS 1.7826 % INT IN COM AREA |
| Neighborhood | 24SC01 |
| Land | $166,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $166,100 |
| Improvement | $482,110 |
|---|---|
| Total Improvement | $482,110 |
| Market | $648,210 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $648,210 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $648,210 |
| Taxable Value | $648,210 |
|---|
Appreciation: Market value has risen +61.2% from $402,013 (2021) to $648,210 (2025), a CAGR of 12.7% 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 $13,266. 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 26% of market value ($166,100 land vs $482,110 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 $648,210, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,177,769 by 2030, with an estimated annual tax burden around $19,665. 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 | 885 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% | $5,997.24 | $5,997.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,396.73 | $3,396.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,436.26 | $2,436.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $765.04 | $765.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $670.25 | $670.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,265.52 | $13,265.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $603,246 | $648,210 | -6.9% |
| Assessed Value | $603,246 | $648,210 | -6.9% |
| Land Value | $166,100 | $166,100 | +0.0% |
| Improvement Value | $437,146 | $482,110 | -9.3% |
| Taxable Value | $603,246 | $648,210 | -6.9% |
| Total Tax 2026 = estimate |
~$12,345
Estimated
|
~$13,266
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $603,707 | $603,246 | -461 (-0.1%) |
| Taxable Value | $603,707 | $603,246 | -461 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $603,246 | $166,100 | $437,146 | — | $603,246 | $603,246 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $648,210 | $166,100 | $482,110 | — | $648,210 | $648,210 | ~$13,266 | Partial |
| 2024 | $571,800 | — | — | −$405,700 | $166,100 | $— | $11,332 | Verified |
| 2023 | $498,000 | — | — | −$331,900 | $166,100 | $— | $10,345 | Verified |
| 2022 | $472,040 | — | — | −$405,600 | $66,440 | $— | $9,835 | Verified |
| 2021 | $402,013 | — | — | −$335,573 | $66,440 | $— | $10,275 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.9% | -6.9% | ~100% | Not available | Partial |
| 2025 | -33.2% | -5.5% | ~100% | Not available | Partial |
| 2024 | +13.6% | -19.6% | 70.8% | 1.1700% | Verified |
| 2023 | +46.7% | +46.7% | ~100% | 1.2100% | Verified |
| 2022 | +23.3% | +23.3% | ~100% | 1.6900% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.9% | +8.8% | +14.4% | +17.4% | 2022 | -6.9% | 2026 |
| Assessment Ratio | 100.0% | 48.8% | — | 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 |
$13,266 | $11,011 | ~$16,913 | $13,266 | 2025 | $9,835 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$730,440 | ~$713,031 | ~2.0139% | ~$14,360 | +12.7% |
| 2027 | ~$823,102 | ~$784,334 | ~1.9814% | ~$15,541 | +27.0% |
| 2028 | ~$927,518 | ~$862,768 | ~1.9488% | ~$16,814 | +43.1% |
| 2029 | ~$1,045,181 | ~$949,044 | ~1.9163% | ~$18,186 | +61.2% |
| 2030 | ~$1,177,769 | ~$1,043,949 | ~1.8837% | ~$19,665 | +81.7% |
| 2026 | ~$717,476 | ~$713,031 | ~2.0465% | ~$14,592 | +10.7% |
| 2027 | ~$794,143 | ~$784,334 | ~2.0465% | ~$16,051 | +22.5% |
| 2028 | ~$879,003 | ~$862,768 | ~2.0465% | ~$17,656 | +35.6% |
| 2029 | ~$972,931 | ~$949,044 | ~2.0465% | ~$19,422 | +50.1% |
| 2030 | ~$1,076,896 | ~$1,043,949 | ~2.0465% | ~$21,364 | +66.1% |
| 2026 | ~$743,404 | ~$713,031 | ~1.9977% | ~$14,244 | +14.7% |
| 2027 | ~$852,579 | ~$784,334 | ~1.9488% | ~$15,285 | +31.5% |
| 2028 | ~$977,786 | ~$862,768 | ~1.9000% | ~$16,393 | +50.8% |
| 2029 | ~$1,121,381 | ~$949,044 | ~1.8512% | ~$17,569 | +73.0% |
| 2030 | ~$1,286,064 | ~$1,043,949 | ~1.8024% | ~$18,816 | +98.4% |
In 2025, this property's market value of $648,210 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -54% 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 | $648,210 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $571,800 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $498,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $472,040 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $402,013 | $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.